The University of North Carolina at Chapel Hill School of Nursing Foundation

Nonprofit profile at a glance

EIN
581508175
IRS 990 coverage
2011–2018
Forms available
Form 990 2018
Location
Chapel Hill, NC, USA
Phone
9199664266
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Christianity

Reported finances

Revenue
$1,892,912
Expenses
$15,869,728
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • WILLIAM EDWARD SELF (PRESIDENT)
  • SUSAN GATLIN O'DELL (VICE PRESIDENT)
  • ANNE ALDRIDGE WEBB (EXECUTIVE DIRECTOR)

Highest reported compensation

  • NILDA PERAGALLO MONTANO (EX-OFFICIO): $402,719 total reported compensation
  • LISA MILLER (EX-OFFICIO): $182,633 total reported compensation
  • ANNE ALDRIDGE WEBB (EXECUTIVE DIRECTOR): $137,535 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation's mission is to foster and promote the growth, progress, and general welfare of nursing education, research and service at the unc-ch school of nursing.

What it reported doing in 2018

The university of North Carolina at chapel hill school of nursing foundation, inc. Fosters and promotes the school of nursing's tripartite missions of leadership and innovation in teaching, research, and practice. The school of nursing is committed to addressing and ameliorating the shortage of nurses, nurse leaders, and nursing faculty. The foundation supports the activities and needs of the school of nursing by establishing endowments and scholarships and fostering other forms of student and faculty support. In fiscal year 2019, the foundation served approximately 629 students and 182 faculty and staff. It also supported research through events which showcased current and future research studies and fostered community partnerships through activities such as annual student service learning trips.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the required major-donor schedule is missing or incomplete.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 62
  • Accountability: 84
  • Sustainability: 8
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.5%; rating input score 99
  • Fundraising efficiency: $8.51 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 82.4%; rating input score 82; 17th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -738.4%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0.6%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 67.6% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: -3.4% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.5% of spending went to programs
  • Governance: 14 of 17 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $15.6M in reported program spending
  • Leadership: top reported pay $403K · 19 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 8 filing years from 2011 to 2018
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 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.

Key Signals

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

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Growth: Asset growth scored 0/100.