Stonehill College Inc

Nonprofit profile at a glance

EIN
042104229
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Easton, MA, USA
Phone
5085651345
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Undergraduate College (4-year)
Affiliation
Christianity

Official website

Reported finances

Revenue
$222,142,530
Expenses
$205,620,796
Assets
$542,558,388
Liabilities
$96,292,737

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

Leadership & pay

46 people listed

Executive titles in this filing

  • REV JOHN DENNING CSC (PRESIDENT)

Highest reported compensation

  • JEANNE M FINLAYSON (VP FOR FINANCE & TREASURER): $349,594 total reported compensation
  • THOMAS V FLYNN (CLERK/GENERAL COUNSEL): $318,764 total reported compensation
  • PAULINE M BURKE (VP FOR STUDENT AFFAIRS): $310,349 total reported compensation

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

Overview

Mission

Stonehill college, a catholic institution of higher learning founded and guided by the congregation of holy cross, is a community of scholarship and faith, committed to fostering a culture where differences are affirmed and anchored by a belief in the inherent dignity of each person.through its undergraduate and graduate programs in liberal arts, sciences and business, stonehill college provides an education of the highest caliber that fosters critical thinking, free inquiry and interchange of ideas.in fulfillment of its motto, lux et spes, stonehill college educates the whole person so that each stonehill graduate thinks, acts and leads with courage to create a more just and compassionate world.

What it reported doing in 2024

Stonehill is a selective catholic college located near boston on a beautiful 384 acre campus in easton, Massachusetts. With a student: faculty ratio of 12:1 the college engages 2,599 students in 80+ rigorous academic programs in the liberal arts, sciences, and pre-professional fields. The college also offers masters programs in marketing, business administration, data analytics, and education. The stonehill community helps students to develop the knowledge, skills, and character to meet their professional goals and to live lives of purpose and integrity.

Operating model

Revenue model
Earned-program. 89% 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 52% for direct work, and 48% 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: 83
  • Transparency & Controls: 74
  • Accountability: 98
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.2%; rating input score 88
  • Program expense ratio: 91.7%; rating input score 92
  • Fundraising efficiency: $6.86 raised per $1 spent on fundraising; rating input score 31; 31st 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; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 97.1%; rating input score 97; 52nd 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: 7.4%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 2.64; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 1.6%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 28th percentile among comparable filings

Details

  • Where the money goes: 88.2% of revenue deployed · 91.7% of spending went to programs
  • Governance: 33 of 34 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $188.5M in reported program spending
  • Leadership: top reported pay $350K · 46 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $12.2M reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 14 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.