Bay Path University

Overview

Mission

Bay path university is a distinctive, progressive, professionally focused undergraduate and graduate university serving all learners. The university enrolls traditional undergraduate women at its longmeadow campus; women and men in bay path online, which offers undergraduate online degrees; and men and women in masters and doctoral programs. On july 1, 2024, cambridge college inc. Contributed certain of its education business assets to the university expanding its reach to more than 4,500 students.

What it reported doing in 2024

Auxiliary enterprises provide services for the convenience of the students, faculty, and staff. This includes dining services, student housing, the bookstore, and other miscellaneous services. The university served approximately 3,400 students, including approximately 300 resident students.

Operating model

Revenue model
Earned-program. 80% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
042103865
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Headquarters
Longmeadow, MA, USA
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Universities

Official website

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The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 62
  • Accountability: 100
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69%; rating input score 69
  • Program expense ratio: 77.2%; rating input score 77
  • Fundraising efficiency: $15.4 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship 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
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: 18.8%; rating input score 86; 86th percentile among comparable filings
  • Operating reserve ratio: 1.96; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 3.3%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 1.9% per year; rating input score 100; 15th percentile among comparable filings
  • Revenue growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 69% of revenue deployed · 77.2% of spending went to programs
  • Governance: 23 of 23 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $65.2M in reported program spending
  • Leadership: top reported pay $576K · 33 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 42 of 42 current checks pass
  • Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 annual filings from 2009 to 2024
  • Money network: 12 filed money-flow records
  • Related organizations: 2 filed related-organization links