Misericordia University

Nonprofit profile at a glance

EIN
240795406
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Dallas, PA, USA
Phone
5706746400
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
University or Technological Institute

Official website

Reported finances

Revenue
$128,458,889
Expenses
$100,751,876
Assets
$230,778,751
Liabilities
$55,652,915

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

Leadership & pay

44 people listed

Executive titles in this filing

  • DANIEL J MYERS PHD (PRESIDENT)
  • MARK VAN ETTEN (EXECUTIVE VICE PRESIDENT)

Highest reported compensation

  • DANIEL J MYERS PHD (PRESIDENT): $481,434 total reported compensation
  • DAVID REHM PHD (PROVOST): $276,243 total reported compensation
  • MARK VAN ETTEN (EXECUTIVE VICE PRESIDENT): $259,310 total reported compensation

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

Overview

Mission

Misericordia university, a catholic liberal arts institution established in the tradition of the sisters of mercy, fosters intellectual curiosity, critical thinking, and respect for persons in an environment where all are welcome.values statement: sisters of mercy as the foundation community, we are committed to integrity and the values of the sisters of mercy and the foundation of university life. Our values are: mercy through compassion, love and caring; service through selflessness, sacrifice and action; justice through fairness, acceptance and advocacy; hospitality with dignity, respect and openness.

What it reported doing in 2024

Misericordia university is a catholic liberal arts institution established in the tradition of the sisters of mercy in 1924. The university fosters intellectual curiosity, critical thinking, and respect for persons in an environment where all are welcome. The university offers undergraduate and graduate programs to resident and commuter students who can choose from majors in three distinct academic colleges. The college of arts and sciences offers major degree programs in biochemistry, biology, chemistry, clinical laboratory science, computer science, criminology, data science, english, environmental studies, history, information technology, mass communications and design, mathematics, medical and health humanities, philosophy, psychology, public health, social work, sociology and statistics as well as a number of minor degree programs. Pre-professional programs include a pre-law specialization and pre-medical health profession. Certification is available in film and media studies, geriatric care management and professional and technical writing. The college of health sciences & education offers major degree programs in diagnostic medical sonography, early childhood education, education, exercise science, health science, medical imaging, middle level education, nursing, occupational science, secondary education programs and education, as well as a minor degree program in patient navigation. Certification programs are available in addictions counseling, diagnostic medical sonography, nursing post-master's, patient navigation and reading specialist. The college of health sciences & education offers dual credentials in health science/speech pathology specialization, medical imaging/diagnostic medical sonography certificate, and nursing dnp/bsn to dnp. Master of science degrees are offered in adult-gerontologic primary care nurse practitioner, education, family/individual across the lifespan nurse practitioner, nursing dnp, occupational therapy (ms and otd), physical therapy dpt, physician assistant studies, and speech-language pathology. Graduate education endorsements are offered in gifted education, integrative stem (pk-12) and online instruction (pk-12). The college of business offers major degree programs in accounting, business administration, business economics, entreprenuership, health care administration, management, marketing, professional studies, and sports management along with a number of minor degree programs. Certification is available in entrepreneurship fundamentals and health care leadership and operations. A graduate degree is offered in master of business administration. Misericordia university is regionally accredited by the middle states commission on higher education. The university is also officially recognized by the following accrediting agencies: accreditation council for occupational therapy education, commission on accreditation in physical therapy education, commission on accreditation of allied health education programs, commission on collegiate nursing education, council on academic accreditation in audiology and speech-language pathology of the american speech-language hearing association, council on social work education, international accreditation council for business education, Pennsylvania department of education, the accreditation review commission on education for the physician assistant, inc. And the joint review committee on education in radiologic technology. Misericordia university has legal permission from the Pennsylvania state board of nurse examiners to operate a school of nursing in the commonwealth of Pennsylvania. Various other state education departments also recognize the university's academic programs.the total headcount for fall 2024 included 2,201 students.

Operating model

Revenue model
Earned-program. 90% 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 62% for direct work, and 38% 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 96
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.3%; rating input score 86
  • Program expense ratio: 89.6%; rating input score 90
  • Fundraising efficiency: $5.36 raised per $1 spent on fundraising; rating input score 23; 23rd 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: 94.1%; rating input score 94; 45th 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: 21.6%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 2.29; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.24; rating input score 63; 63rd percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 5.2% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 86.3% of revenue deployed · 89.6% of spending went to programs
  • Governance: 32 of 34 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $90.3M in reported program spending
  • Leadership: top reported pay $481K · 44 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $8.1M reported
  • Consistency: 40 of 40 current checks pass
  • Schedules: 12 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: 10 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.