Emmanuel College

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/28/2020. To update the information in this column, please email: info@ministrywatch.com


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 81785 of 100
Fund acquisition rating363 of 81744 of 100
Resource allocation rating479 of 81760 of 100
Asset utilization rating610 of 81790 of 100

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
19%17%32%40%33%67%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%2%1%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
10%9%5%4%5%3%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
90%91%95%96%95%97%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%83%85%85%84%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%93%94%96%113%96%
Program output ratio Program output ratio =
Program services /
Total revenue
82%77%80%82%95%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%7%6%4%-13%4%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%6%5%3%-10%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%16%13%14%15%15%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.250.220.220.220.29
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.882.813.123.143.233.07
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.690.700.700.700.700.88
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.861.551.251.251.250.98
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.170.650.800.800.801.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.806.093.403.403.39-0.34
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%69%72%73%74%61%
Debt ratio Debt ratio =
Debt /
Total assets
17%34%33%47%49%27%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
142%127%126%123%120%136%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$4,391,105$3,192,271$920,538$1,362,282$3,508,734
Receivables, inventories, prepaids$3,642,258$2,013,694$1,526,540$4,066,070$3,617,388
Short-term investments$151,724,650$137,309,933$136,562,851$125,652,312$97,348,222
Other current assets$0$0$0$0$0
Total current assets$159,758,013$142,515,898$139,009,929$131,080,664$104,474,344
Long-term investments$2,088,032$2,429,358$2,477,219$2,443,740$2,398,970
Fixed assets$287,728,851$275,739,650$202,538,530$161,296,022$171,713,908
Other long-term assets$0$24,462,130$93,060,293$128,446,549$42,000,000
Total long-term assets$289,816,883$302,631,138$298,076,042$292,186,311$216,112,878
Total assets$449,574,896$445,147,036$437,085,971$423,266,975$320,587,222
 
Liabilities20192018201720162015
Payables and accrued expenses$6,984,852$17,016,812$14,701,471$6,955,437$7,526,114
Other current liabilities$96,314,776$97,143,030$96,778,431$98,147,856$99,513,585
Total current liabilities$103,299,628$114,159,842$111,479,902$105,103,293$107,039,699
Debt$152,948,023$148,641,892$203,517,978$205,306,446$86,862,934
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$52,347,705$56,403,159$2,243,938$2,268,913$2,258,303
Total long-term liabilities$205,295,728$205,045,051$205,761,916$207,575,359$89,121,237
Total liabilities$308,595,356$319,204,893$317,241,818$312,678,652$196,160,936
 
Net assets20192018201720162015
Unrestricted$102,348,614$95,751,604$92,264,748$84,840,151$99,299,297
Temporarily restricted$16,107,366$12,103,071$11,759,655$11,767,825$13,073,351
Permanently restricted$22,523,560$18,087,468$15,819,750$13,980,347$12,053,638
Net assets$140,979,540$125,942,143$119,844,153$110,588,323$124,426,286
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$10,522,105$5,223,792$3,727,463$4,456,529$3,056,709
Program service revenue$99,066,226$88,473,212$89,083,413$84,359,972$83,976,522
Membership dues$0$0$0$0$0
Investment income$4,813,581$10,369,040$5,588,761($6,469,607)$6,257,854
Other revenue$4,950,762$2,137,846$2,213,749($1,059,054)$1,891,376
Total other revenue$108,830,569$100,980,098$96,885,923$76,831,311$92,125,752
Total revenue$119,352,674$106,203,890$100,613,386$81,287,840$95,182,461
 
Expenses20192018201720162015
Program services$91,793,469$85,370,135$82,243,493$77,181,970$76,002,896
Management and general$17,688,623$12,930,142$13,309,727$13,355,598$13,579,789
Fundraising$1,751,402$1,683,903$1,494,191$1,457,085$2,039,194
Total expenses$111,233,494$99,984,180$97,047,411$91,994,653$91,621,879
 
Change in net assets20192018201720162015
Surplus (deficit)$8,119,180$6,219,710$3,565,975($10,706,813)$3,560,582
Other changes in net assets$0$0$0$0$0
Total change in net assets$8,119,180$6,219,710$3,565,975($10,706,813)$3,560,582

Compensation

NameTitleCompensation
Simon Dj WelsbyVP of Advancement (u 10/18)$278,528
William LeonardVP Academic Affairs (u 12/18)$246,395
Josef KurtzVP of Academic Affairs$228,277
Patricia RissmeyerVP of Student Affairs$227,529
Sandra RobbinsDean of Enrollment$225,752
Sister Janet Eisner SNDPRESIDENT$11,303
Sister Anne Mary Donovan SNDVP OF FINANCE/TREASURER (CFO)$10,854

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 10/28/2020. To update the information below, please email: info@ministrywatch.com


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