Walsh University Inc

What it reported doing in 2024

The University provides approximately 2,300 students from 42 states and 35 countries a higher education that fosters critical thinking, effective communication, spiritual growth, and personal, professional and cultural development. The University offers the following degrees: Associate of Arts; Associate of Science in Computer Science; Bachelor of Arts; Bachelor of Science; Bachelor of Science in Education; Bachelor of Science in Nursing; Master of Arts in Education; Master of Business Administration (MBA); Master of Arts in Counseling and Human Development; Master of Arts in Theology; Master of Dyslexia Therapy, Master of Science in Exercise Physiology, Master of Science in Nursing; Master of Occupational Therapy; Doctor of Nursing Practice; and Doctor of Physical Therapy. Walsh University is accredited by the following organizations: North Central Association/Higher Learning Commission; National League for Nursing Accrediting Commission; The Commission on Accreditation in Physical Therapy Education; Council for Accreditation of Counseling and Related Educational Programs; Ohio Department of Education; Ohio Board of Counseling & Social Work; Accreditation Council for Business Schools and Programs; and the American Physical Therapy Association. Walsh University's library houses 68,933 volumes, 20 current print journal subscriptions, 3,679 audio visual titles on physical media, 48,979 streaming educational videos, and 192 electronic databases. The University also has access to 547,519 electronic books, and 119,846 electronic serials. The Walsh library is a member of OCLC, OhioLINK, OHIONET and OPAL (Ohio Private Academic Libraries) and all library resources are searchable through the library's online catalog and discovery service. The Student Affairs team is committed to the holistic development of students, firmly believing that all students have the potential to become valuable assets to our world community. Members of the Student Affairs team embody the Christian values espoused in the University mission statement, exemplified by our care and concern for students, relationships, and the community. Walsh University provides over 800 students with housing and dining services. Several of the ten residence halls are newly renovated and offer apartment-style and suite-style living. Dining service facilities include the Schervish Dining Hall, the Betzler Grille, the Cavalier Cafe and the Sword Stop offering various meal plan selections and dining innovations. Walsh University's athletic program offers 28 different men's and women's athletic teams and continues to enjoy a winning tradition. Walsh University Athletics was granted full membership into the NCAA Division II at the beginning of the 2013-2014 academic year. As full members of the Great Midwest Athletic Conference (G-MAC) 20 of our NCAA sports compete for G-MAC Conference Championships. We have continued our winning traditions in the GMAC. During fiscal year 2025, the University added Men and Women's Rugby programs. Additionally, Walsh offers club sports including Sprint football and men's bowling. During fiscal year 2025, the University replaced several roofs across campus. The University installed goalposts and a scoreboard for the newly added rugby programs. Walsh University has been consistently recognized for its excellence in academic and student-focused programming by renowned organizations such as The Newman Guide to Choosing a Catholic College, National Colleges of Distinction, U.S. News & World Report as a Top Regional University in the Midwest and by Victory Media as a Military Friendly School, ranking in the top 4 for private schools offering a doctorate. The university was also awarded the Collegiate Purple Star awards for our efforts supporting veteran students. All of Walsh's accolades can be found on the University's website.

Financial Efficiency

• Mission deployment rate: 92.6%; rating input score 93
• Program expense ratio: 91%; rating input score 91
• Fundraising efficiency: $3.59 raised per $1 spent on fundraising; rating input score 14; 14th 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: Scored; rating input score 0
• Grant itemization coverage: 100%; rating input score 100; 50th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 95.8%; rating input score 96; 49th 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: Fail
  • 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: 4.5%; rating input score 55; 55th percentile among comparable filings
• Total-asset coverage ratio: 1.61; rating input score 56; 56th percentile among comparable filings
• Liabilities to assets ratio: 0.09; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 54; 54th percentile among comparable filings

Growth

• Program expense growth: 0.3% per year; rating input score 100; 8th percentile among comparable filings
• Revenue growth: 1.1% per year; rating input score 100; 9th percentile among comparable filings
• Asset growth: 2.4% per year; rating input score 100; 17th percentile among comparable filings