Nazareth University
90% goes to programs $19 to raise $100 Strong reserves
Nazareth University is a 501(c)(3) organization based in Rochester, New York, registered in 1963, with $126,346,770 in FY2023 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
4245 East Ave, Rochester, NY, 14618 EIN 16-0743088 Since 1963
Revenue (FY2023)
$126.3M
▼ 8.7% vs prior year
Education median: $200K
Expenses (FY2023)
$131.2M
Net assets
$233.4M
Employees
2,237
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating90% to programs · $19 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Nazareth University: 90% to programs · $19 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating21 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Nazareth University: 21 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Nazareth University: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Nazareth University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Nazareth university fosters integrated learning through action and reflection, educating whole persons who are guided by empathy, committed to equity, and prepared to lead innovation for our time.
What they do
Scholarship programs: scholarships and grants-reflects the competitive scholarships, need based aid, and higher education opportunity grants awarded to students in order to make the total cost of attendance more affordable. (2,308 total student ftes)
Auxiliary enterprises-pertains to the operations of the institution that exist to furnish a service to students, faculty, or staff, and that charge a fee that is directly related to, although not necessarily equal to, the cost of the service. auxiliary enterprises are managed as essentially self-supporting activities. examples are residence halls, food services, and student health services. (2,308 total student ftes)
All other program expenses, includes student services, academic support and arts center. student services pertains to offices serving students including registration and records, student development, center for life's work, enrollment management and center for student success. athletic expenses are also included in this category. academic support pertains to library services, academic advisement, the center for international education and the offices of the deans, among others. the arts center is a presenter of exceptional music, theater and dance performances. (2,308 total student ftes)
Contact & location
- Address
- 4245 East Ave, Rochester, NY, 14618
- City
- Rochester
- State
- New York
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $108.5M (FY2013) to $126.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $58.3MNet assets $233.4M
Operating margin
-3.8%
Spent more than it raised in the latest fiscal year.
Total assets
$291.8M
Total liabilities
$58.3M
Net assets
$233.4M
Salaries & benefits
$51.0M
39% of expenses
Board members
28
25 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $126,346,770▼8.7% | $131,200,808▲5.2% | $233,440,403▲2.4% | $291,769,437▲0.8% | 990 |
| 2022 | $138,444,366▲11.6% | $124,658,313▲0.5% | $227,903,762▲3.4% | $289,521,924▲1.5% | 990 |
| 2021 | $124,085,026▲1.2% | $124,046,907▲6.4% | $220,388,984▼4.4% | $285,294,834▼4.6% | 990 |
| 2020 | $122,635,159▲2.4% | $116,540,325▼3.1% | $230,455,355▲13.9% | $299,176,817▲8.7% | 990 |
| 2019 | $119,759,441▼4.1% | $120,316,569▼1.5% | $202,338,726▼2.1% | $275,136,179▼2.8% | 990 |
| 2018 | $124,900,765▲2.4% | $122,151,021▲7.0% | $206,600,231▲1.9% | $283,164,436▲1.2% | 990 |
| 2017 | $122,014,172▲1.8% | $114,134,653▲6.1% | $202,823,152▲4.8% | $279,915,123▲9.2% | 990 |
| 2016 | $119,862,679▲12.4% | $107,598,426▲5.4% | $193,532,066▲12.4% | $256,274,965▲7.9% | 990 |
| 2015 | $106,657,559▲0.2% | $102,074,852▲6.1% | $172,125,755▼1.1% | $237,477,075▼3.2% | 990 |
| 2014 | $106,417,627▼1.9% | $96,209,198▲3.1% | $174,024,661▲1.1% | $245,220,493▲0.9% | 990 |
| 2013 | $108,464,846 | $93,298,953▲0.6% | $172,178,847▲12.4% | $243,054,586▲7.9% | 990 |
| 2012 | — | $92,705,730▼3.6% | $153,138,919▲6.2% | $225,239,634▲1.2% | 990 |
| 2011 | — | $96,185,699▲4.9% | $144,224,700▲0.1% | $222,539,958▲9.7% | 990 |
| 2010 | — | $91,717,780▲0.7% | $144,080,751▲10.3% | $202,853,509▲7.1% | 990 |
| 2009 | — | $91,077,261 | $130,599,055 | $189,333,322 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Elizabeth Paul — $482,104 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Paul | President and Trustee | 50 | $482,104 |
| Maureen Finney | Provost In Academic Affairs | 50 | $232,398 |
| Karen Kuppinger | Vp For Finance and Administration | 50 | $203,704 |
| Darrell Bell | Vp For Advancement | 50 | $200,442 |
| Yousuf George | Vp For Strategy and Innovation | 50 | $159,293 |
| Catherine S Rasmussen | Dean School of Health and Human Services | 50 | $156,186 |
| Kristen Green | Associate Vice President For Finance and Controlle | 50 | $149,152 |
| Damika Arnold | Senior People Officer | 50 | $146,744 |
| Wayne Hilson | Vp of Culture, Community, and Belonging | 50 | $146,413 |
| Thomas Lappas | Dean In College of Liberal Arts, Sciences, Busines | 50 | $144,271 |
| Frank Williams | Former Vp For Strategic Enrollment Mngmt Thru 6/23 | 50 | $141,983 |
| Danielle Bucci | Vp For Strategic Enrollment, Marketing Start 4/23 | 50 | $141,248 |
| Rose Hair | Associate Professor In Business and Leadership | 50 | $137,943 |
| Ron Netsky | Professor In Art | 50 | $125,088 |
| Rachel Bailey Jones | Faculty Representative - Trustee | 35 | $76,112 |
| Andrew R Gallina | Board Vice Chair | 2 | — |
| Anne Mccaffrey | Trustee | 2 | — |
| Betsy Riedman | Trustee | 2 | — |
| Brian Cooper | Trustee | 2 | — |
| Coral Surgeon | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Lechase Construction Services | Construction | $5,803,100 |
| Swbr Architects | Architects | $862,646 |
| Harter Secrest & Emery LLP | Legal Fees | $297,148 |
| Domicello Enterprises | Construction | $260,290 |
| Monroe Community Sports | Ice Rink Rental | $110,000 |
Grants received · $1.9M total
69 grants to Nazareth University totaling $1.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Compare Nazareth University
Frequently asked questions
- Is Nazareth University a legitimate nonprofit?
- Yes. Nazareth University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-0743088, based in Rochester, New York. Donations are tax-deductible.
- What is Nazareth University's EIN?
- Nazareth University's Employer Identification Number (EIN) is 16-0743088.
- How much revenue does Nazareth University report?
- Nazareth University reported $126,346,770 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Nazareth University's spending goes to programs?
- Nazareth University spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Nazareth University have?
- CharityIndex grades Nazareth University A, based on program efficiency and fundraising cost.
- How much does Nazareth University's highest-paid employee make?
- The highest reported compensation on Nazareth University's latest Form 990 is $482,104, paid to Elizabeth Paul (President and Trustee).
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Explore more
Data for Nazareth University (EIN 16-0743088) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.