Agnes Scott College

Nonprofit profile at a glance

EIN
580566116
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Decatur, GA, USA
Phone
4044716308
Rating
86
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$106,401,929
Expenses
$93,693,450
Assets
$392,195,912
Liabilities
$72,555,452

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

38 people listed

Executive titles in this filing

  • Leocadia I Zak (College President)

Highest reported compensation

  • Leocadia I Zak (College President): $401,275 total reported compensation
  • Nicole Long (VP Finance & Admin): $232,796 total reported compensation
  • Alexa Gaeta (VP for Enrollment): $226,108 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Founded in 1889, Agnes Scott College is an independent liberal arts college for women whose mission is to educate women to think deeply, live honorably and engage the intellectual and social challenges of their times.

What it reported doing in 2024

Academic support comprises information technology services, registrar, academic advising, faculty services, library, etc. These administrative offices assist the College in its educational mission.

Operating model

Revenue model
Other-operating. 67% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 68% for direct work, and 32% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 74
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.2%; rating input score 90
  • Program expense ratio: 87.7%; rating input score 88
  • Fundraising efficiency: $9.43 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th 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: 11.9%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 4.19; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 2.9%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 5.6% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 90.2% of revenue deployed · 87.7% of spending went to programs
  • Governance: 24 of 24 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $82.2M in reported program spending
  • Leadership: top reported pay $401K · 38 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $35.5M reported
  • Consistency: 42 of 42 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.