Notre Dame College
Nonprofit profile at a glance
- EIN
- 340714689
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Location
- South Euclid, OH, USA
- Phone
- 2163811680
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Undergraduate College (4-year)
- Affiliation
- Christianity
Reported finances
- Revenue
- $39,247,519
- Expenses
- $43,730,847
- Assets
- $4,122,607
- Liabilities
- $4,122,607
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- J MICHAEL PRESSIMONE (COLLEGE PRESIDENT)
- JOHN SMETANKA (INTERIM PRESIDENT & PROVOST)
Highest reported compensation
- J MICHAEL PRESSIMONE (COLLEGE PRESIDENT): $332,372 total reported compensation
- JOHN SMETANKA (INTERIM PRESIDENT & PROVOST): $173,648 total reported compensation
- JENNIFER ERBS (VP-FINANCE & CFO): $97,932 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Notre dame college, a catholic institution in the tradition of the sisters of notre dame, educates a diverse population in the liberal arts for personal, professional and global responsibility.
What it reported doing in 2023
Higher education: notre dame college provides instruction and related auxiliary services to approximately 1,500 enrolled students during the academic year. As a non-profit educational institution, the college employs a regular faculty and maintains an up-to-date curriculum.
Operating model
- Revenue model
- Earned-program. 94% 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 49% for direct work, and 51% for grants.
The verdict
SUPPORTED - 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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 77
- Accountability: 82
- Sustainability: 16
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.7%; rating input score 97
- Program expense ratio: 86.2%; rating input score 86
- Fundraising efficiency: $2.3 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- 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: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.4%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 1; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 1.4%; rating input score 82; 82nd percentile among comparable filings
Growth
- Program expense growth: -2.4% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 96.7% of revenue deployed · 86.2% of spending went to programs
- Governance: 3 of 3 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $37.7M in reported program spending
- Leadership: top reported pay $332K · 19 people listed · 2 of 6 pay-setting controls reported
- Consistency: 31 of 31 current checks pass
- Schedules: 8 filed schedules · includes grants and executive pay
- Filing history: 15 filing years from 2009 to 2023
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 8/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.