Becker College
Overview
Mission
Becker college serves 1700 students from 35 states and 15 countries and offers over 30 bachelor degree programs, 6 associate degree programs, and 2 masters degree programs in unique, high-demand career niches ranging from nursing and equine management to computer game design and a variety of adult learning options. With campuses in worcester and leicester, ma., becker traces its history to 1784 and has over 20,000 alumni.
What it reported doing in 2020
Student financial aid- federal supplemental education opportunity grants, federal work study program, college scholarships and tuition remission
Operating model
- Revenue model
- Earned-program. 90% 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 46% for direct work, and 54% for grants.
Nonprofit profile at a glance
- EIN
- 042108346
- IRS 990 coverage
- 2009–2020
- Forms available
- Form 990 2020, Form 990-N 2012
- Headquarters
- Worcester, MA, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 88
- Accountability: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 76.3%; rating input score 76
- Fundraising efficiency: $8.39 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th 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; 80th 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: -0.2%; rating input score 18; 18th percentile among comparable filings
- Operating reserve ratio: 0.61; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 22nd percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 76.3% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $49.5M in reported program spending
- Leadership: top reported pay $328K · 24 people listed · 3 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 annual filings from 2009 to 2020
- Money network: 10 filed money-flow records