Eckerd College
Nonprofit profile at a glance
- EIN
- 590859121
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- St Petersburg, FL, USA
- Phone
- 727.864.7978
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Undergraduate College (4-year)
- Affiliation
- Christianity
Reported finances
- Revenue
- $150,116,569
- Expenses
- $145,176,292
- Assets
- $260,848,458
- Liabilities
- $60,378,850
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
35 people listed
Executive titles in this filing
- James Annarelli (President)
Highest reported compensation
- James Annarelli (President): $468,879 total reported compensation
- Matthew Bisset (VP of Advancement): $275,815 total reported compensation
- Christine Wooley (VP & Dean of Faculty): $260,110 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Eckerd College is to provide excellent, innovative undergraduate liberal arts education and lifelong learning programs in the unique Florida environment, within the context of a covenant relationship with the Presbyterian Church (USA).
What it reported doing in 2024
Student services - provide services to students apart from instruction such as admissions, financial aid, student activities, athletics and more. Approximately 97% of eckerd college students receive financial assistance as a result of the efforts of the financial aid office. The college's students have access to many services including the fitness center, the outdoor pool, men's and women's sports, student government, student media (radio, tv and newspaper) and registered student clubs and organizations. More information is available about eckerd college athletics and clubs at www.eckerdtritons.com and www.eckerd.edu/campus-life/.
Operating model
- Revenue model
- Other-operating. 86% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% 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: 76
- Transparency & Controls: 79
- Accountability: 98
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.4%; rating input score 83
- Program expense ratio: 85.3%; rating input score 85
- Fundraising efficiency: $4.02 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings
Transparency & Controls
- Consistency checks: 89.5%; rating input score 89; 4th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 97.1%; rating input score 97; 31st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.8%; rating input score 96; 49th 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: 3.3%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 1.8; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 64; 64th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 20th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 83.4% of revenue deployed · 85.3% of spending went to programs
- Governance: 23 of 24 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $123.9M in reported program spending
- Leadership: top reported pay $469K · 35 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $20.6M reported
- Consistency: 42 of 44 current checks pass · 2 findings to review
- Schedules: 14 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 16/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.