Eastern nazarene college
Eastern nazarene college reported $26.6 million in revenue and $29.8 million in expenses for the fiscal year ending June 30, 2024. Of every $100 it spent, $64.34 went to program services, $33.50 to management and general costs and $2.16 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 67.8% of the total. The highest compensation it reported for one person was $119,894 (VP OF ATHLETICS). 7 people received more than $100,000 in reportable compensation. Revenue rose 2% between FY2020 and FY2024. Source: Form 990, FY2024.
Where $100 of spending went
The fiscal year ending June 30, 2024 · Form 990, Part IX, line 25 · total expenses $30MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2024 · Form 990, Part VIII · total revenue $27MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 64.3% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 33.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.20 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 12.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.6% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 67.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $119,894 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.40% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 of 24 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2024 · Form 990, Part III · the three largest programs by expenseCollege grants bachelor and master degrees to qualified candidates upon satisfactory completion of their program requirements. To accomplish this purpose, the college enrolled 700 full and parttime undergraduate and graduate students, with a majority of the traditional undergraduate living in campus housing. The college operates a bookstore and cafeteria for the primary use of the students, faculty, and staff. The college operates housing facilities for students, faculty, and staff to meet the existing needs for such facilities
Highest reported compensation
FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VP OF ATHLETICS Highest compensated employee, 40.0 hrs/week | $104,143 | $0 | $15,751 | $119,894 |
| VP of student life Highest compensated employee, 40.0 hrs/week | $109,750 | $0 | $9,621 | $119,371 |
| Assistant professor of bus Highest compensated employee, 40.0 hrs/week | $98,227 | $0 | $18,014 | $116,241 |
| President Highest compensated employee, 40.0 hrs/week | $111,612 | $0 | $0 | $111,612 |
7 people received more than $100,000 in reportable compensation from Eastern nazarene college (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b24 · 24 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5516
Private foundation grants it received
7 private foundations reported grants to Eastern nazarene college totaling $59,875 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Eastern nazarene college's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Eastern nazarene college, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Eastern nazarene college spent in FY2024, $64.34 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- University Studies Abroad ConsortiumReno, NV · revenue $27M · programs 81.0% · FY2025
- American School of MilanItaly, · revenue $27M · programs 80.7% · FY2025
- Associated StudentsFullerton, CA · revenue $27M · programs 47.1% · FY2025
- Rochester Christian UniversityRochester Hills, MI · revenue $27M · programs 83.1% · FY2025
- Little Star CenterCarmel, IN · revenue $27M · programs 75.4% · 2024
All education charities · Largest charities in Massachusetts
Questions people ask
How much of Eastern nazarene college's spending goes to programs?
In the fiscal year ending June 30, 2024, Eastern nazarene college reported that 64.3% of its $29.8 million in expenses went to program services, 33.5% to management and general and 2.2% to fundraising (Form 990, Part IX).
How much does Eastern nazarene college pay its top executive?
The largest total compensation Eastern nazarene college reported for one person in the fiscal year ending June 30, 2024 was $119,894, for the role of VP OF ATHLETICS (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Eastern nazarene college get its money?
Of $26.6 million in revenue in the fiscal year ending June 30, 2024, 12.4% came from contributions and grants (including 2.6% from government grants) and 67.8% from program service revenue (Form 990, Part VIII).
Is Eastern nazarene college a registered charity?
The IRS lists EIN 04-2105777 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349302197 · read the filing · XML
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400369349300225 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349304144 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241319349302809 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131319349302283 · read the filing
All filings for EIN 04-2105777: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.