La Salle University
Nonprofit profile at a glance
- EIN
- 231352654
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2159511000
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- University or Technological Institute
Reported finances
- Revenue
- $113,358,327
- Expenses
- $136,559,724
- Assets
- $235,042,587
- Liabilities
- $177,678,295
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
39 people listed
Executive titles in this filing
- DANIEL J ALLEN PHD (PRESIDENT)
- BROTHER ROBERT SCHIELER FSC (VICE PRESIDENT)
Highest reported compensation
- FRANCIS J DUNPHY (HEAD COACH MEN'S BASKETBAL): $744,039 total reported compensation
- DANIEL J ALLEN PHD (PRESIDENT): $643,772 total reported compensation
- STEPHEN LIGHTCAP EDD (TREASURER, VP FINANCE & AD): $400,252 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o for complete mission statement.la salle is a lasallian catholic university committed to the principle that all knowledge is practical and empowering, filled with the capacity to transform lives. Anchored in the living tradition of the brothers of the christian schools and in association with a diverse and inclusive learning community, our mission is to educate the whole person by fostering a rigorous free search for truth. La salle, in affirming the value of both liberal arts and professional studies, prepares students for the lifelong pursuit and exploration of wisdom, knowledge, and faith that lead to engaged and fulfilling lives marked by a commitment to the common good.
What it reported doing in 2024
Auxiliary enterprises - the university provided housing, bookstore, and dining services. The university provided rooms to 871 and 825 students enrolled students during the fall 2024 and spring 2025 semesters, respectively. The university also provided meals to 960 and 902 enrolled students during the fall 2024 and spring 2025 semesters, respectively.
Operating model
- Revenue model
- Earned-program. 82% 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 66% for direct work, and 34% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 94
- Accountability: 93
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.6%; rating input score 83
- Fundraising efficiency: $5.8 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- 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: 95.7%; rating input score 96; 49th 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: -20.5%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 1.72; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.76; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: -4.5% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -3.4% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -0.2% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.6% of spending went to programs
- Governance: 22 of 23 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $112.8M in reported program spending
- Leadership: top reported pay $744K · 39 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.9M reported
- Consistency: 40 of 41 current checks pass · 1 finding to review
- Schedules: 11 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: 16 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Fundraising efficiency scored 25/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.