Lasell University

What it reported doing in 2024

Lasell university is a comprehensive coeducational university which offers professionally oriented bachelor's and master's degree programs, including more than 25 academic majors.our students are given the opportunity to practice and prepare for the real world through a project-based and problem-based approach to teaching, through exposure to diverse cultures and peoples, through the development of critical skills such as writing and speaking in front of groups, and through confrontation with ethical and moral questions.lasell university is known for helping students make the connection between classroom lessons and real life through hands-on activities such as internships, practical, service learning, and meaningful projects. Connected learning at lasell university involves students directly and actively in the fields they are learning. In all majors, students explore real issues, events, problems, and solutions. Lasell university faculty are committed to creatively integrating challenging coursework with practical experience in an environment that fosters lifelong intellectual exploration, active citizenship and social responsibiltiy.

Financial Efficiency

• Mission deployment rate: 91.6%; rating input score 92
• Program expense ratio: 86.9%; rating input score 87
• Fundraising efficiency: $2.97 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -4.7%; rating input score 13; 13th percentile among comparable filings
• Total-asset coverage ratio: 1.83; rating input score 59; 59th percentile among comparable filings
• Liabilities to assets ratio: 0.54; rating input score 33; 33rd percentile among comparable filings
• Officer compensation ratio: 3.1%; rating input score 36; 36th percentile among comparable filings

Growth

• Program expense growth: -1% per year; rating input score 0; 5th percentile among comparable filings
• Revenue growth: 1.2% per year; rating input score 100; 10th percentile among comparable filings
• Asset growth: 1.1% per year; rating input score 100; 11th percentile among comparable filings