Holy Family University

Nonprofit profile at a glance

EIN
231501197
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Philadelphia, PA, USA
Phone
2673413205
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Undergraduate College (4-year)

Official website

Reported finances

Revenue
$102,860,844
Expenses
$101,451,965
Assets
$136,022,671
Liabilities
$34,412,963

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

37 people listed

Executive titles in this filing

  • ANNE M PRISCO PHD (PRESIDENT)
  • BINDHU ALAPPAT (VICE PRESIDENT FOR ACADEMIC AFFAIRS)
  • WENDY PARSONS (VICE PRESIDENT FOR ADVANCEMENT)

Highest reported compensation

  • ANNE M PRISCO PHD (PRESIDENT): $665,065 total reported compensation
  • ERIC NELSON (VP FOR FINANCE AND TREASURER): $268,480 total reported compensation
  • EDWARD WRIGHT (VP FOR ENROLLMENT MANAGEMENT): $260,007 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Holy family university, a ministry of the sisters of the holy family of nazareth, offers education in the liberal arts and professions through doctorate, graduate, undergraduate, and non-degree programs. Continued on schedule o.as a catholic university, holy family seeks direction and inspiration from the life and teaching of jesus christ, affirms the values of the judeo-christian tradition, and witnesses to the dignity of each person and the oneness of the human family. Holy family university educates students to assume lifelong responsibilities towards god, society and self.

What it reported doing in 2024

Holy family university is a fully accredited private coed university offering liberal arts and professional programs through doctorate, graduate, undergraduate, and non-degree programs. The university provides 133 degree programs and 6 non-degree programs.institutional aid provided to students was $41,619,401 in 2025.continued on schedule o.the university is accredited by the middle states commission on higher education, the commission on collegiate nursing and the joint review committee of education in radiologic technology. Traditional graduate and undergraduate programs offered from the school of business are accredited by the accreditation council for business schools and programs (this accreditation does not apply to the undergraduate and graduate business degrees offered through the division of extended learning). The fire science and public safety administration degree program is accredited by the international fire service accreditation congress.teacher certification programs at the graduate and undergraduate levels are approved by the commonwealth of Pennsylvania, department of education. The university has also been approved by the Pennsylvania state board of nurse examiners and the veterans administration, and it is a member of the american association for colleges for teacher education (aacte) and the american association of colleges of nursing (aacn).

Operating model

Revenue model
Earned-program. 92% 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 53% for direct work, and 47% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 87
  • Accountability: 90
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.7%; rating input score 86
  • Program expense ratio: 87.7%; rating input score 88
  • Fundraising efficiency: $3.19 raised per $1 spent on fundraising; rating input score 11; 11th 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: Pass
    • 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: 90%; rating input score 90; 38th 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: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.4%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 4% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 85.7% of revenue deployed · 87.7% of spending went to programs
  • Governance: 18 of 20 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $89M in reported program spending
  • Leadership: top reported pay $665K · 37 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $8.9M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • 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: Fundraising efficiency scored 11/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.