Allen College

What it reported doing in 2024

Educationallen college is an accredited, private, non-profit, multi-purpose college for nursing and health sciences. To provide general education courses, allen college has developed partnerships with many colleges and universities in Iowa. The affiliation between these institutions will maximize the students' learning opportunities by combining the strength of allen college's clinical component with the traditional college environment. Allen college has nine programs and 1 minor available: doctorate of nurse practitioner (dnp), doctor of education (ed.d.), master of science in nursing (msn), master of science in occupational therapy (ms in ot), bachelor of science in nursing (bsn), associate of science in radiography (asr), diagnostic medical sonography (dms), medical laboratory science (mls), public health (ph) and population health minor.during the fall 2024 term, allen college had a total of 483 students enrolled with the breakdown among programs as follows: asr: 45, dcs: 5, dms: 15, mi-ct: 1, mi-mri: 4, mls: 19, ph: 8, ms in ot: 45, ed.d: 3, dpt: 16, bsn: 165, bsn-dnp acpnp: 1, bsn-dnp agacnp: 6, bsn-dnp pmhnp: 6, bsn-dnp fnp: 21, bsn-dnp lead: 1, msn: 99, rn-dnp: 3, non-degree: 9, & dnp: 21. Allen college complies with those laws which forbid discrimination on the basis of race, religion, color, sex, marital status, age, national origin, veteran status, disabilities, sexual orientation, or gender identity in administration of its admissions policies, educational policies, scholarships and loan programs, and other programs and operations. We strive to maintain compliance with the family educational rights and privacy act of 1974, as well as the drug-free workplace act of 1988.

Financial Efficiency

• Mission deployment rate: 95.9%; rating input score 96
• Program expense ratio: 83%; rating input score 83
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 41st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 88.9%; rating input score 89; 21st 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: -15.6%; rating input score 6; 6th percentile among comparable filings
• Total-asset coverage ratio: 2.4; rating input score 68; 68th percentile among comparable filings
• Liabilities to assets ratio: 0.06; rating input score 82; 82nd percentile among comparable filings
• Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

• Program expense growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
• Revenue growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
• Asset growth: 11.2% per year; rating input score 100; 70th percentile among comparable filings