Lebanon Valley College

Nonprofit profile at a glance

EIN
231352354
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2008
Location
Annville, PA, United States
Phone
7178676421
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Undergraduate College (4-year)

Official website

Reported finances

Revenue
$128,287,012
Expenses
$126,772,890
Assets
$280,924,374
Liabilities
$63,154,949

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

Leadership & pay

47 people listed

Executive titles in this filing

  • JAMES MACLAREN (PRESIDENT)

Highest reported compensation

  • JAMES MACLAREN (PRESIDENT): $436,958 total reported compensation
  • EDWIN WRIGHT (VP OF ENROLLMENT MGMT (UNTIL 12.31.25)): $316,442 total reported compensation
  • SUSAN TAMMARO (PROVOST & VP ACAD AFFAIR (UNTIL 6.30.25)): $279,354 total reported compensation

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

Overview

Mission

Lebanon Valley College educates students for lifelong success through exceptional undergraduate liberal arts programs and professional graduate programs delivered in a practical, supportive environment. Through exceptional academics delivered in an ecosystem of support, Lebanon Valley College students achieve more than they ever thought possible for themselves, their families, and society. Our students benefit from highly attentive academic, personal, and career guidance; forge lifelong bonds; and lead successful, fulfilling lives. Imperative #1: Future-ready Students A. Establish a distinctive, integrated career coaching and readiness model. A. Provide institution-wide leadership within Academic Affairs to advance Inclusive Excellence and equal opportunity across the College. B. Enhance support for students and improve outcomes through addressing gaps in disaggregatedrecruiting...

What it reported doing in 2024

Lebanon valley college, founded in 1866, offers 50 majors in the health professions, sciences, education, business and digital media, and the arts and humanities. Hands-on learning, internships, and research are emphasized. Lvc offers five direct-entry (bachelor's to master's) programs to streamline graduates' entry into valley graduate programs in business and the health professions. Close faculty-student relationships and mentoring are hallmarks of the lvc experience on its beautiful 370-acre campus. The college encourages student participation in athletics-with 40% competing as ncaa division iii student-athletes in the middle atlantic conference-and student leadership and involvement in over 90 clubs and organizations. Continued on schedule o.lvc offers generous financial aid and guaranteed merit scholarships that exceed $50 million annually, with 100% of students receiving lvc financial aid or scholarships most years. Career success is integrated into the curriculum through the edward and lynn breen center for career and professional development, starting during the first year on campus.eight miles from hershey, Pennsylvania, this college of 1,600 undergraduate and over 400 graduate students produces alumni who attend prestigious graduate and professional schools and are employed by top companies and school districts.

Operating model

Revenue model
Earned-program. 88% 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 48% for direct work, and 52% 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: 84
  • Transparency & Controls: 70
  • Accountability: 87
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.1%; rating input score 90
  • Program expense ratio: 91.1%; rating input score 91
  • Fundraising efficiency: $6.77 raised per $1 spent on fundraising; rating input score 30; 30th 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: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 84.8%; rating input score 85; 32nd 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: Fail
    • 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: 1.2%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 2.22; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 4.1% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 31st percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 90.1% of revenue deployed · 91.1% of spending went to programs
  • Governance: 28 of 33 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $115.4M in reported program spending
  • Leadership: top reported pay $437K · 47 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.9M reported
  • Consistency: 42 of 42 current checks pass
  • 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: 18 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 scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • Review — Sustainability: Officer compensation ratio scored 51/100.