College of Our Lady of the Elms
College of Our Lady of the Elms reported $45.5 million in revenue and $49.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.77 went to program services, $22.52 to management and general costs and $1.71 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.0% of the total. The highest compensation it reported for one person was $443,764 (PRESIDENT). 26 people received more than $100,000 in reportable compensation. Revenue fell 2% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $49MFor 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, 2025 · Form 990, Part VIII · total revenue $46MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 22.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.27 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 7.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.7% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 89.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $443,764 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.90% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 26 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 15.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 31 of 34 | 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
FY2025 · Form 990, Part III · the three largest programs by expenseThe college is devoted to educating students in a supported, vibrant learning community and has adapted to changing times by developing innovative programs designed to prepare them for leadership in a wide variety of fields. Educational programs are offered in seven different sessions. During the 2024/2025 school year, we served 1,633 full and part time students
Highest reported compensation
FY2025 · 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 |
|---|---|---|---|---|
| PRESIDENT Officer, 35.00 hrs/week | $413,818 | $0 | $29,946 | $443,764 |
| DIRECTOR, MBA PROGRAM Highest compensated employee, 35.00 hrs/week | $171,458 | $0 | $25,449 | $196,907 |
| DEAN OF NURSING Highest compensated employee, 35.00 hrs/week | $154,496 | $0 | $18,392 | $172,888 |
| VP OF ACADEMIC AFFAIRS Key employee, 35.00 hrs/week | $161,116 | $0 | $11,239 | $172,355 |
| ASST CLINICAL PROFESSOR OF NURSING Highest compensated employee, 35.00 hrs/week | $153,572 | $0 | $17,569 | $171,141 |
| PROFESSOR OF BIOLOGY Highest compensated employee, 35.00 hrs/week | $160,835 | $0 | $4,395 | $165,230 |
| ASC PROF BIOETHICS & MED HUMANITIES Highest compensated employee, 35.00 hrs/week | $159,272 | $0 | $3,278 | $162,550 |
| CLERK/EXEC. ASST. TO PRES. Officer, 35.00 hrs/week | $65,475 | $0 | $10,474 | $75,949 |
26 people received more than $100,000 in reportable compensation from College of Our Lady of the Elms (Part VII, line 2). Compensation of current officers, directors and key employees totaled $962K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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–1b34 · 31 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 14bYes
- Employees Part I, line 5660
- Volunteers Part I, line 670
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ELIOR INC ALADDIN FOOD MANAGEMENT SERV Food services | $1,140,867 |
| KEITER CORPORATION Construction services | $927,271 |
| TJ CONWAY COMPANY Mechanical contractor | $682,263 |
| ROBERT FERRILLI LLC It consulting services | $243,875 |
| ASCEND LEARNING HOLDINGS LLC Software provider | $229,700 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Private foundation grants it received
9 private foundations reported grants to College of Our Lady of the Elms totaling $1.2M 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 College of Our Lady of the Elms's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for College of Our Lady of the Elms, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 College of Our Lady of the Elms spent in FY2025, $75.77 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Creation FoundationNew Port Richey, FL · revenue $45M · programs 88.7% · FY2025
- Florida Memorial UniversityMiami Gardens, FL · revenue $46M · programs 70.3% · FY2025
- Millbrook SchoolMillbrook, NY · revenue $45M · programs 77.0% · FY2025
- California State University Northridge FoundationNorthridge, CA · revenue $46M · programs 90.6% · FY2025
- Fort Worth Country Day SchoolFort Worth, TX · revenue $45M · programs 76.9% · FY2025
All education charities · Largest charities in Massachusetts
Questions people ask
How much of College of Our Lady of the Elms's spending goes to programs?
In the fiscal year ending June 30, 2025, College of Our Lady of the Elms reported that 75.8% of its $49.4 million in expenses went to program services, 22.5% to management and general and 1.7% to fundraising (Form 990, Part IX).
How much does College of Our Lady of the Elms pay its top executive?
The largest total compensation College of Our Lady of the Elms reported for one person in the fiscal year ending June 30, 2025 was $443,764, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does College of Our Lady of the Elms get its money?
Of $45.5 million in revenue in the fiscal year ending June 30, 2025, 7.0% came from contributions and grants (including 0.7% from government grants) and 89.0% from program service revenue (Form 990, Part VIII).
Is College of Our Lady of the Elms a registered charity?
The IRS lists EIN 04-2225850 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, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611329349303401 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349306128 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421369349318562 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349307674 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241319349305184 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101309349301485 · read the filing
All filings for EIN 04-2225850: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.