Alice Lloyd College

What it reported doing in 2024

Student services alice lloyd college offers a wide range of student services designed to enhance the student experience and support personal and academic growth. These programs include leadership development, education, athletics, intramural sports, counseling, career placement, and a student activities board that organizes a comprehensive activity calendar each semester. Additionally, the college provides dining and dormitory facilities to support campus life. The first-year foundations program assists students in transitioning from high school to college, while the convocation series enriches their educational journey through guest lectures and cultural events. The college also maintains a campus police department to ensure safety and security, along with orientations in the summer and fall to help students acclimate to college life. Together, these services reflect the college's commitment to fostering a well-rounded, supportive, and engaging environment for its students. Construction projects/campus improvements since the beginning of 2023, alice lloyd college has completed several significant capital projects, enhancing campus infrastructure and fostering a better environment for students and the community-all achieved without incurring any debt. Among these projects is the completion of holmes hall, the second and final women's residence hall on campus, which provides modern and comfortable accommodations for female students. This milestone represents a key achievement in the college's residential expansion plan, with the total cost for the women's residence halls amounting to 19 million. Additionally, the college completed the chapel bell tower, a stunning architectural centerpiece that symbolizes the college's values and traditions while enhancing the campus's spiritual and communal atmosphere. This project was completed at a cost of 1.3 million. In response to the catastrophic flood of 2022, the college also undertook a comprehensive 8 million stream mitigation project to restore and strengthen the affected areas. This initiative involved constructing retaining walls, installing safety fencing, and laying new asphalt to repair pathways and roadways damaged by the flood. The project not only restored the campus but also improved its resilience against future environmental challenges. These projects, totaling 28.3 million, showcase alice lloyd college's commitment to providing a safe, inspiring, and high- quality environment for its students and the wider community, while maintaining its longstanding tradition of fiscal responsibility. Over the past year, the college has continued making significant upgrades to both howard hall and berger hall, focusing on improving student safety, functionality, and long-term asset preservation. The project has included targeted upgrades to the building envelope, exterior finishes, and related structural components, addressing deferred maintenance issues and enhancing the overall durability of the facilities. These improvements support the college's mission by providing safe, well-maintained residential housing for students while extending the useful life of campus infrastructure and reducing future maintenance needs. Throughout the fiscal year, approximately 1.7 million was invested in these improvements, with total building renovations projected to reach approximately 3 million upon completion in fiscal year 2026-2027. Community service projects alice lloyd college's campus ministry, academic fraternity phi beta lambda (pbl), athletics, and student services collaborated throughout the year to address community needs and provide impactful outreach. Phi beta lambda significantly expanded its "sack pack" program, increasing the number of weekly food deliveries to local needy elementary students from 30 to 60. Additionally, pbl began supporting a second school, ensuring even more children received necessary resources. During the 2024-2025 academic year, fbla collegiate actively engaged i

Financial Efficiency

• Mission deployment rate: 52.6%; rating input score 53
• Program expense ratio: 81.6%; rating input score 82
• Fundraising efficiency: $15.82 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 45.2%; rating input score 93; 93rd percentile among comparable filings
• Total-asset coverage ratio: 7.95; rating input score 89; 89th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
• Officer compensation ratio: 2%; rating input score 77; 77th percentile among comparable filings

Growth

• Program expense growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
• Revenue growth: 6.5% per year; rating input score 100; 56th percentile among comparable filings
• Asset growth: 8.6% per year; rating input score 100; 58th percentile among comparable filings