Champlain College Incorporated
Nonprofit profile at a glance
- EIN
- 030220266
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Burlington, VT, USA
- Phone
- 8028602700
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Undergraduate College (4-year)
Reported finances
- Revenue
- $122,679,762
- Expenses
- $126,841,008
- Assets
- $213,765,472
- Liabilities
- $78,909,904
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
50 people listed
Executive titles in this filing
- ALEJANDRO E HERNANDEZ (PRESIDENT)
- LESLIE AVERILL (VICE PRESIDENT)
- DIANA MATOT (VICE PRESIDENT)
- SARAH ANDRIANO (VICE PRESIDENT)
- DANELLE BERUBE (VICE PRESIDENT)
- CHRISTA MONTAGNINO (VICE PRESIDENT)
Highest reported compensation
- ALEJANDRO E HERNANDEZ (PRESIDENT): $592,794 total reported compensation
- MONIQUE TAYLOR (PROVOST): $352,004 total reported compensation
- CHRISTA MONTAGNINO (VICE PRESIDENT): $311,707 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
An institution of higher education that prepares students to excel through radically pragmatic career-focused education. We are a supportive learning community that advances society by delivering uniquely future-focused academic programs, transformative hands-on experiences, and meaningful connections and collaborations that engage the passions of our students to create a better world.
What it reported doing in 2024
See scheudle o.
Operating model
- Revenue model
- Earned-program. 89% 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 65% for direct work, and 35% 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. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 79
- Accountability: 98
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.4%; rating input score 86
- Program expense ratio: 86.5%; rating input score 86
- Fundraising efficiency: $4.31 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- 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: 96.7%; rating input score 97; 51st 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: -3.4%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.69; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 3.4%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 86.4% of revenue deployed · 86.5% of spending went to programs
- Governance: 29 of 30 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $109.7M in reported program spending
- Leadership: top reported pay $593K · 50 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $17.3M reported
- Consistency: 40 of 40 current checks pass
- Schedules: 12 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 4 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- High — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.