Emmanuel College

Summary

Founded in 1919 by the Sisters of Notre Dame de Namur as the first Catholic college for women in New England, Emmanuel today is a coeducational, residential college with a 17-acre campus in the heart of Boston's educational, scientific, cultural and medical communities. Emmanuel enrolls more than 2,200 students including 1,950 traditional undergraduate students from 37 states and territories and 41 countries.


Contact information

Mailing address:
Emmanuel College
400 The Fenway
Boston, MA 02115

Website: emmanuel.edu

Phone: 617-735-9715

Email: president@emmanuel.edu


Organization details

EIN: 042105769

CEO/President: Janet Eisner

Chairman: Margaret McKenna

Board size: 29

Founder:

Year founded: 1946

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Emmanuel will be widely esteemed as the college in the heart of Boston that leads the nation in combining an extraordinary liberal arts and sciences education in the Catholic intellectual tradition with a commitment to strong relationships, ethical values and service to others. Students will choose Emmanuel as the place to develop in every respect while preparing for lives of leadership, professional achievement, global engagement and profound purpose.


Mission statement

To educate students in a dynamic learning community rooted in the liberal arts and sciences and shaped by strong ethical values, a commitment to social justice and service, the Catholic intellectual tradition and the global mission of the Sisters of Notre Dame de Namur.


Statement of faith

Emmanuel's philosophical basis is affirmed in John Henry Newman's Idea of a University, which recognizes the need for open, informed debate in the search for truth. These ideas provide the context for how Emmanuel understands its mission, as do more recent discussions on the characteristics of American Catholic colleges. These characteristics include a continued dialogue between faith and reason; a strong sense of community; the centrality of theology and philosophy in the curriculum; a commitment to education for social justice; service to others; and the celebration of Liturgy.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating541 of 72577 of 87
Fund acquisition rating502 of 72667 of 87
Resource allocation rating338 of 72646 of 87
Asset utilization rating565 of 72580 of 87

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
19%32%40%33%67%87%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%1%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
10%5%4%5%3%3%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%2%2%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
90%95%96%95%97%97%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%85%85%84%83%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%94%96%113%96%96%
Program output ratio Program output ratio =
Program services /
Total revenue
81%80%82%95%80%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%6%4%-13%4%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%5%3%-10%3%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%13%14%15%15%14%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.220.220.220.290.28
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.013.123.143.233.073.11
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.640.700.700.700.880.88
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.261.251.251.250.980.96
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.140.800.800.801.021.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.033.403.403.39-0.34-0.55
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%72%73%74%61%62%
Debt ratio Debt ratio =
Debt /
Total assets
18%33%47%49%27%28%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%126%123%120%136%135%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$3,192,271$920,538$1,362,282$3,508,734$3,538,732
Receivables, inventories, prepaids$2,013,694$1,526,540$4,066,070$3,617,388$3,340,200
Short-term investments$137,309,933$136,562,851$125,652,312$97,348,222$96,495,556
Other current assets$0$0$0$0$0
Total current assets$142,515,898$139,009,929$131,080,664$104,474,344$103,374,488
Long-term investments$2,429,358$2,477,219$2,443,740$2,398,970$2,253,161
Fixed assets$275,739,650$202,538,530$161,296,022$171,713,908$173,701,790
Other long-term assets$24,462,130$93,060,293$128,446,549$42,000,000$42,000,000
Total long-term assets$302,631,138$298,076,042$292,186,311$216,112,878$217,954,951
Total assets$445,147,036$437,085,971$423,266,975$320,587,222$321,329,439
 
Liabilities20182017201620152014
Payables and accrued expenses$17,016,812$14,701,471$6,955,437$7,526,114$6,816,534
Other current liabilities$97,143,030$96,778,431$98,147,856$99,513,585$100,720,031
Total current liabilities$114,159,842$111,479,902$105,103,293$107,039,699$107,536,565
Debt$148,641,892$203,517,978$205,306,446$86,862,934$88,820,794
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$56,403,159$2,243,938$2,268,913$2,258,303$2,159,024
Total long-term liabilities$205,045,051$205,761,916$207,575,359$89,121,237$90,979,818
Total liabilities$319,204,893$317,241,818$312,678,652$196,160,936$198,516,383
 
Net assets20182017201620152014
Unrestricted$95,751,604$92,264,748$84,840,151$99,299,297$98,049,740
Temporarily restricted$12,103,071$11,759,655$11,767,825$13,073,351$13,330,639
Permanently restricted$18,087,468$15,819,750$13,980,347$12,053,638$11,432,677
Net assets$125,942,143$119,844,153$110,588,323$124,426,286$122,813,056
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$5,223,792$3,727,463$4,456,529$3,056,709$2,639,412
Program service revenue$88,473,212$89,083,413$84,359,972$83,976,522$84,892,939
Membership dues$0$0$0$0$0
Investment income$10,369,040$5,588,761($6,469,607)$6,257,854$5,141,133
Other revenue$2,137,846$2,213,749($1,059,054)$1,891,376$1,861,210
Total other revenue$100,980,098$96,885,923$76,831,311$92,125,752$91,895,282
Total revenue$106,203,890$100,613,386$81,287,840$95,182,461$94,534,694
 
Expenses20182017201620152014
Program services$85,370,135$82,243,493$77,181,970$76,002,896$75,898,656
Management and general$12,930,142$13,309,727$13,355,598$13,579,789$12,695,180
Fundraising$1,683,903$1,494,191$1,457,085$2,039,194$2,293,114
Total expenses$99,984,180$97,047,411$91,994,653$91,621,879$90,886,950
 
Change in net assets20182017201620152014
Surplus (deficit)$6,219,710$3,565,975($10,706,813)$3,560,582$3,647,744
Other changes in net assets$0$0$0$0$0
Total change in net assets$6,219,710$3,565,975($10,706,813)$3,560,582$3,647,744

Compensation

NameTitleCompensation
William LeonardVP of Academic Affairs$230,042
Patricia RissmeyerVP of Student Affairs$221,439
Sandra RobbinsDean of Enrollment$219,709
Sean PhilpottChief Information Officer$193,963
Patricia TowerASSOCIATE TREASURER$193,798
Sister Janet Eisner SNDPRESIDENT$10,381
Sister Anne Mary Donovan SNDVP OF FINANCE/TREASURER (CFO)$9,932

Compensation data as of: 6/30/2018


Response from ministry

No response has been provided by this ministry.


History

In 1919, the Sisters of Notre Dame de Namur, an international Catholic religious congregation, opened Emmanuel College as the first Catholic college for women in New England. Deeply committed to education, the Sisters founded the College to provide women with educational opportunities they might not have had otherwise. For more than 80 years, Emmanuel served proudly as a Catholic liberal arts and sciences college for women and enjoyed a reputation for academic rigor and a commitment to social justice. In 2001, the College officially became a coeducational institution, expanding its educational mission to include young men in its undergraduate arts and sciences program. As the College enters its second century in 2020, it does so as a thriving, future-focused institution, still deeply committed to the tenets of its founding.

In the early years, Emmanuel was a day college preparing women for professional fields such as business, law, medicine and social work. Despite being commuters, students were involved in numerous co-curricular activities including student publications and athletics. The 1920s, 1930s and 1940s saw growth not only in the student population, academic programs and activities, but also in the physical campus, with additional land purchases on Brookline Avenue and Avenue Louis Pasteur. In 1949, the College completed the construction of Alumnae Hall. This science center, the first building constructed on campus after the original Administration Building, signified Emmanuel's strength in the sciences, which continues today.

During the building boom of the 1950s and 1960s, Emmanuel became a residential college. New buildings included Marian Hall (residential, dining and student center), St. James Hall, Julie Hall, St. Ann Hall, Loretto Hall and St. Joseph Hall. The Cardinal Cushing Library was also dedicated in 1965. By 1968, residential students outnumbered commuters for the first time.

Over the years, the College has responded to shifting demographics in higher education and the world at large with an innovative and entrepreneurial spirit. In the 1970s, Emmanuel began to offer degree completion programs to adult learners and, in 1990, the College expanded its programs to include flexible accelerated formats, with programs in business and nursing offered at satellite centers.

The 2000s saw dramatic growth and innovation, with enrollment tripling in the decade following the College's decision to become coeducational. During this period the College added new facilities including the Jean Yawkey Center (student center) and the Maureen Murphy Wilkens Science Center. In 2009, the College partnered with the City of Boston to restore Roberto Clemente Field, across the street from campus, to serve as Emmanuel's home athletic field. In 2013, Emmanuel completed the restoration of the historic Administration Building. In 2018, the College opened it's newest and largest building, an 18-story, apartment-style residence hall for upperclass students, on the site where Julie Hall once stood.

And in 2019, the College marked it's Centennial with celebrations that reflected on 100 years of transformative educational experiences and the bold, entrepreneurial spirit that enabled the College to thrive amid changes in society and in higher education.

Amid changes, Emmanuel has remained steadfastly committed to its Catholic educational mission and its core values, which emphasize intellectual inquiry and integrity, a commitment to justice and peace, a strong sense of community, and service to others.


Program accomplishments


Needs