University of Saskatchewan

Nonprofit profile at a glance

EIN
237069575
IRS 990 coverage
2013–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Saskatoon, Saskatchewan, CA
Phone
306-966-5186
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
University or Technological Institute

Official website

Reported finances

Revenue
$962,171,944
Expenses
$858,134,508
Assets
$2,257,014,245
Liabilities
$246,839,830

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

Leadership & pay

22 people listed

Executive titles in this filing

  • Karen Chad (Former Vice-President Research)
  • R Peter Stoicheff (President)
  • Darcy Marciniuk (Associate Vice President Research and Professor College of Medicine)
  • Airini (Vice President-Provost and VP Academic)
  • Krunal Chavda (Student Member-USSU President)
  • Ishita Mann (Former Student Member-USSU President)

Highest reported compensation

  • Karen Chad (Former Vice-President Research): $1,540,960 total reported compensation
  • Kent Stobart (Vice-Dean of education and professor of pediatrics): $843,686 total reported compensation
  • R Peter Stoicheff (President): $780,426 total reported compensation

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

Overview

Mission

To be the university the world needs.

What it reported doing in 2024

The University of Saskatchewan's primary role is to provide post-secondary education and research in the humanities, sciences, social sciences and other areas of human, intellectual, cultural, social and physical development. The University offers instructional programs leading to graduate and undergraduate degrees, certificates and diploma programs and post-graduate clinical (residence) programs.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 92% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most filed governance safeguards are in place. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 59
  • Accountability: 69
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.6%; rating input score 77
  • Program expense ratio: 79.1%; rating input score 79
  • Fundraising efficiency: $56.61 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 49th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 54.5%; rating input score 55; 14th 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: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 2.63; rating input score 72; 72nd percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 76; 76th percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 14th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 10th percentile among comparable filings
  • Asset growth: 0.2% per year; rating input score 100; 8th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 76.6% of revenue deployed · 79.1% of spending went to programs
  • Governance: 6 of 11 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $678.7M in reported program spending
  • Leadership: top reported pay $1.5M · 22 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.8M reported
  • Consistency: 48 of 48 current checks pass
  • Schedules: 8 filed schedules · includes foreign activity and executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 22 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Independent voting board scored 55/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.