Chestnut Hill College

What it reported doing in 2024

Education and student service: the college provides undergraduate and graduate instruction grounded in the liberal arts and professional studies, consistent with its mission to expand access to education and reduce barriers to learning through inclusive, student centered academic programs. During the fiscal year, the college achieved a significant academic milestone with the launch of new nursing degree pathways, including a traditional bachelor of science in nursing (bsn) program and an accelerated bachelor of science in nursing (absn). (cont'd on schedule o.)the launch was supported by a combination of institutional and philanthropic investment and required the development of specialized instructional and clinical learning space through the remodeling of the sugarloaf facility, the recruitment and staffing of nursing faculty and program personnel, and initial program operations and outreach efforts. Total investment associated with the nursing program during fiscal year 2025 included approximately $1,964,105 in construction in progress related to facility development, $554,459 in salaries, benefits, and other programmatic operating costs, $252,228 in building operations and maintenance, and approximately $80,000 in marketing and student recruitment efforts, reflecting the significant start-up investment required to establish the program. The program enrolled an initial cohort of six students during its first year of operation, generating approximately $63,000 in program revenue.the montessori program offered at chestnut hill college provides specialized coursework and hands-on training designed to prepare students for careers in early childhood and elementary education settings that utilize the montessori method of instruction. The curriculum emphasizes child-centered learning, experiential education, and the development of cognitive, social, and emotional skills through structured, developmentally appropriate environments.the college also enhanced its graduate business education offerings through its master of business administration (mba) in strategic management by providing concentration options designed to support professional development and career advancement. Concentrations include accountancy, healthcare, and ministry leadership, each integrating specialized coursework within the broader management curriculum.the accountancy concentration supports academic preparation aligned with professional certification pathways and advancement in accounting-related roles. The healthcare concentration emphasizes management and leadership within healthcare organizations, serving professionals across clinical and administrative disciplines. The ministry leadership concentration is designed for individuals serving in religious and faith-based nonprofit organizations and incorporates principles of leadership, administration, and stewardship in mission-driven environments.these concentration offerings support the college's commitment to flexible academic pathways, workforce readiness, and alignment with diverse student career goals.chestnut hill college offers a range of baccalaureate, graduate, and professional programs grounded in the liberal arts and career-focused disciplines. Academic offerings include undergraduate majors such as business, psychology, and exercise science, as well as graduate programs and a doctoral program in clinical psychology. The college also offers accelerated adult degree programs and certificate programs designed to provide flexible pathways for degree completion and professional advancement.the nursing programs enrolled an inaugural cohort of students during the year, marking the commencement of instruction and tuition based program activity. These efforts represent a foundational phase in the development of the college's nursing programs and advance the institution's long term academic strategy to prepare students for service oriented professions and regional workforce needs. Instructional programs dur

Financial Efficiency

• Mission deployment rate: 93.4%; rating input score 93
• Program expense ratio: 87%; rating input score 87
• Fundraising efficiency: $7.73 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • 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: Limited

Accountability

• Independent voting board: 96%; rating input score 96; 50th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -0.9%; rating input score 22; 22nd percentile among comparable filings
• Total-asset coverage ratio: 1.66; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 0.39; rating input score 46; 46th percentile among comparable filings
• Officer compensation ratio: 3.2%; rating input score 35; 35th percentile among comparable filings

Growth

• Program expense growth: 0.7% per year; rating input score 100; 10th percentile among comparable filings
• Revenue growth: 0.9% per year; rating input score 100; 8th percentile among comparable filings
• Asset growth: 2.2% per year; rating input score 100; 16th percentile among comparable filings