Springfield College
Overview
Mission
The mission of springfield college is to educate students in spirit, mind and body for leadership in service to others by building on a foundation of the college's humanics philosophy, academic excellence, service, and student success. Springfield college is a private, coeducational institution offering bachelor, master, and doctoral degrees.
What it reported doing in 2024
The college offers a range of undergraduate and graduate degree programs in the fields of health sciences, human & social services, sport management & movement studies, education, business, and the arts & sciences. It also offers doctoral programs in physical education, physical therapy, educational leadership, exercise physiology and counseling psychology.
Operating model
- Revenue model
- Earned-program. 87% 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 59% for direct work, and 41% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 042104329
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Springfield, MA, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Universities
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 76
- Accountability: 93
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 93%; rating input score 93
- Fundraising efficiency: $8.14 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Foreign activity oversight: Scored; rating input score 0
- 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
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 95.8%; rating input score 96; 48th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -0.8%; rating input score 23; 23rd percentile among comparable filings
- Operating reserve ratio: 1.85; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.44; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 12th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 6th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 93% of spending went to programs
- Governance: 23 of 24 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $147.3M in reported program spending
- Leadership: top reported pay $729K · 37 people listed · 4 of 6 pay-setting controls reported
- Consistency: 40 of 40 current checks pass
- Schedules: 11 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: 1 filed related-organization link