Atlantic Union College

Nonprofit profile at a glance

EIN
042178860
IRS 990 coverage
2009–2022
Forms available
Form 990 2022
Location
South Lancaster, MA, USA
Phone
9784600307
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$73,998
Expenses
$2,201,229
Assets
$5,905,603
Liabilities
$65,831

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • MR JOSE JOSEPH (VICE PRESIDENT)
  • DR AVIS HENDRICKSON (PRESIDENT)

Highest reported compensation

  • BARBARA FULLER (CFO): $107,112 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Four year liberal arts college with a focus on christian leadership and community engagement.

What it reported doing in 2022

Post-secondary education: provided instruction for students seeking to complete certificate programs in a residential college setting. Maintained transcripts and other student support/auxiliary services to aid students transitioning to other educational institutions or students attempting to meet on-time graduation goals. Provided a community objective based preparatory instruction program for learners of all ages.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 18
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 28.6%; rating input score 29
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -2,874.7%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 2.68; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 4.9%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: -15.2% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -4.7% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 28.6% of spending went to programs
  • Governance: 30 of 30 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $630K in reported program spending
  • Leadership: top reported pay $107K · 31 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 9 filing years from 2009 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 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.

  • High — Financial Efficiency: Program expense ratio scored 29/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.