Civic Intelligence

Iona University

990 • Fiscal year 2019 • EIN 13-3508093

Jul 01, 2018 to Jun 30, 2019 • Filed on May 13, 2020

715 North Avenue McSpedon HallNew Rochelle, NY 10801-1809

(914) 633-2483

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.29x

Higher debt load relative to assets than 47% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.65x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Net Margin

43rd percentile

3.0%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

45th percentile

$750,422

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2019

Asset Growth

47th percentile

3.7%

Faster asset growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

1.8%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Assets

Up

$378,834,737

Up $13,390,627 (+3.7%) from 2018

Net Assets

Up

$269,542,537

Up $14,342,335 (+5.6%) from 2018

Liabilities

Down

$109,292,200

Down $951,708 (-0.9%) from 2018

Revenue

Up

$168,780,145

Up $2,941,190 (+1.8%) from 2018

Expenses

Up

$163,786,398

Up $2,067,427 (+1.3%) from 2018

Net Income

Up

$4,993,747

Up $873,763 (+21%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $169,294,829Liabilities 2010: $51,123,639Net Assets 2010: $118,171,1902010Assets 2011: $184,087,443Liabilities 2011: $50,359,454Net Assets 2011: $133,727,9892011Assets 2012: $187,702,399Liabilities 2012: $51,812,096Net Assets 2012: $135,890,3032012Assets 2013: $201,825,197Liabilities 2013: $56,589,314Net Assets 2013: $145,235,8832013Assets 2014: $233,169,950Liabilities 2014: $64,268,758Net Assets 2014: $168,901,1922014Assets 2015: $291,865,815Liabilities 2015: $113,696,534Net Assets 2015: $178,169,2812015Assets 2016: $320,869,595Liabilities 2016: $118,350,436Net Assets 2016: $202,519,1592016Assets 2017: $353,614,803Liabilities 2017: $112,081,027Net Assets 2017: $241,533,7762017Assets 2018: $365,444,110Liabilities 2018: $110,243,908Net Assets 2018: $255,200,2022018Assets 2019: $378,834,737Liabilities 2019: $109,292,200Net Assets 2019: $269,542,5372019Assets 2020: $387,967,528Liabilities 2020: $116,970,593Net Assets 2020: $270,996,9352020Assets 2021: $425,606,322Liabilities 2021: $108,884,614Net Assets 2021: $316,721,7082021Assets 2022: $443,220,124Liabilities 2022: $136,707,846Net Assets 2022: $306,512,2782022Assets 2023: $450,915,510Liabilities 2023: $131,549,034Net Assets 2023: $319,366,4762023Assets 2024: $479,837,822Liabilities 2024: $138,941,987Net Assets 2024: $340,895,8352024

Highlighted filing

2019

Assets$378,834,737
Liabilities$109,292,200
Net Assets$269,542,537

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$100M$0-$100MExpenses 2010: $119,116,9452010Expenses 2011: $124,083,8382011Expenses 2012: $131,445,1632012Revenue 2013: $137,995,208Expenses 2013: $133,200,209Net Income 2013: $4,794,9992013Revenue 2014: $151,435,135Expenses 2014: $138,689,972Net Income 2014: $12,745,1632014Revenue 2015: $151,450,009Expenses 2015: $141,030,713Net Income 2015: $10,419,2962015Revenue 2016: $173,058,188Expenses 2016: $147,482,028Net Income 2016: $25,576,1602016Revenue 2017: $185,947,266Expenses 2017: $159,569,631Net Income 2017: $26,377,6352017Revenue 2018: $165,838,955Expenses 2018: $161,718,971Net Income 2018: $4,119,9842018Revenue 2019: $168,780,145Expenses 2019: $163,786,398Net Income 2019: $4,993,7472019Revenue 2020: $158,822,357Expenses 2020: $161,328,353Net Income 2020: -$2,505,9962020Revenue 2021: $164,703,199Expenses 2021: $162,970,593Net Income 2021: $1,732,6062021Revenue 2022: $177,877,196Expenses 2022: $176,036,683Net Income 2022: $1,840,5132022Revenue 2023: $183,290,865Expenses 2023: $184,921,114Net Income 2023: -$1,630,2492023Revenue 2024: $194,178,098Expenses 2024: $198,656,772Net Income 2024: -$4,478,6742024

Highlighted filing

2019

Revenue$168,780,145
Expenses$163,786,398
Net Income$4,993,747
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 13, 2020
Return Version
2018v3.1
Gross Receipts
$230,913,878
Mission and Program Overview

Mission

Iona college is a catholic college comprised of a diverse community of learners and scholars dedicated to academic excellence in the tradition of the christian brothers. We commit ourselves to education within the rich heritage of these legacies, especially intellectual inquiry and the values of justice, peace and service. Iona college graduates will be sought after because they will be (1) ethical and skilled decision makers and problem solvers motivated to leadership, services and civic responsibility, (2) independent thinkers informed and enriched by a liberal arts education, (3) lifelong learners skilled in and adaptable to new information and technologies, and (4) individuals who integrate the spiritual, intellectual, civic, emotional and physical dimensions of their lives.

Iona college is a catholic college comprised of a diverse community of learners & scholars dedicated to academic excellence in the tradition of the christian brothers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$148,266,040$158,966,461▲ $10,700,421
Land, Buildings, and Equipment, Net$143,344,738$158,560,899▲ $15,216,161
Savings and Temporary Cash Investments$37,818,970$26,289,441▼ $11,529,529
Investments in Publicly Traded Securities$16,301,444$16,236,933▼ $64,511
Pledges and Grants Receivable$12,021,687$9,780,218▼ $2,241,469
Accounts Receivable$3,156,119$4,045,343▲ $889,224
Other Notes and Loans Receivable, Net$2,985,655$3,217,815▲ $232,160
Prepaid Expenses and Deferred Charges$1,016,874$1,201,298▲ $184,424
Cash and Non-Interest-Bearing Accounts$9,300$8,300▼ $1,000
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$365,444,110$378,834,737▲ $13,390,627
Other Assets Total$523,283$528,029▲ $4,746
Liabilities
Tax Exempt Bond Liabilities$75,362,922$73,937,329▼ $1,425,593
Other Liabilities$14,678,482$14,405,115▼ $273,367
Accounts Payable and Accrued Expenses$11,969,277$13,231,165▲ $1,261,888
Deferred Revenue$5,138,227$5,498,591▲ $360,364
Mortgage Notes Payable Secured by Investment Property$3,095,000$2,220,000▼ $875,000
Total Liabilities$110,243,908$109,292,200▼ $951,708
Net Assets / Fund Balance
Unrestricted Net Assets$178,021,729$192,020,539▲ $13,998,810
Temporarily Rstr Net Assets$50,944,000$49,714,000▼ $1,230,000
Permanently Rstr Net Assets$26,234,473$27,807,998▲ $1,573,525
Total Net Assets Fund Balance$255,200,202$269,542,537▲ $14,342,335
Total Liabilities and Net Assets / Fund Balance$365,444,110$378,834,737▲ $13,390,627

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$87,919,206$75,295,840$163,215,046
Leasehold Improvements$33,385,699$18,081,831$51,467,530
Other Land Buildings$25,290,412$118,369$25,408,781
Land$9,852,103-$9,852,103
Equipment$2,113,479$4,773,923$6,887,402
Other Securities$16,429,805--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$143,741,343$8,118,305▲ $11,622,837-$159,938,009
2017$130,845,536$7,938,632▲ $9,773,420-$143,741,343
2016$116,405,592$6,334,421▲ $12,091,954-$130,845,536
2015$110,891,168$6,633,800▲ $897,375-$116,405,592
2014$100,295,971$9,711,522▲ $2,848,107-$110,891,168
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-PresidentFT$550,689$199,733$750,422
-MEN'S BASKETBALL COACHFT$664,182$53,633$717,815
-SVP of Fin & AdministrationFT$281,504$62,326$343,830
-SVP Advancement & External AffFT$248,492$70,788$319,280
-Dean, Lapenta School of BusinessFT$232,646$70,669$303,315
-Former Provost & SVP Academic AffairsFT$219,964$52,035$271,999
-Vice Provost, Information TechnologyFT$191,235$52,443$243,678
-Chief of Staff & Board Sec.FT$195,685$44,261$239,946
-General CounselFT$194,970$41,236$236,206
-Endowed ProfessorFT$193,887$12,811$206,698
-Provost & SVP Academic AffairsFT$141,326$24,893$166,219

Board Members and Trustees

NameTitle
-Chairperson
-Vice Chair
-Trustee
-Trustee (Through 7/20/18)

Highest Paid Contractors

ContractorServicesLocationCompensation
Chartwells Dining ServicesCatering91337 Collections Dr PO Box 91337, PO BOX 39000, Chicago, IL 60693$4,240,032
PavariniConstruction585 West Putnam Avenue, Greenwich, CT 06905$1,395,067
Eab Global INCEnrollment Mgmt Services2445 M STREET NW, Washington, DC 20037$1,230,006
Valente C A Lindman LLCConstruction263 South River Street, Hackensack, NJ 07601$538,523
Google IncEnrollment ServicesDept 33654, San Francisco, CA 94139$435,760
Revenue and Support

Revenue Composition

Contributions and Grants
$8,022,616
Program Service Revenue
$153,102,070
Investment Income
$3,580,080
Other Revenue
$4,075,379
All Other Contributions
$4,615,826
Change in Net Assets
$4,993,747

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded33$1,372,896Market value
Total Noncash Contributions33$1,372,896-

Audited Revenue Reconciliation

Revenue per Audited Statements
$169,134,607
Revenue Not Reported on Financial Statements
$-354,462
Revenue Not Reported on Form 990
$-48,894,656
Other Revenue Adjustments
$-354,462
Total Revenue per Audited Statements
$120,239,951
Total Revenue per Form 990
$168,780,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$63,755,280
Grants and Similar Amounts Paid$58,085,399
Other Expenses$41,848,019
Total Fundraising Expense$2,337,346
Professional Fundraising Fees$97,700

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$58,085,399--$58,085,399
Other Salaries and Wages$40,523,381$5,299,817$1,217,693$47,040,891
Other Employee Benefits$7,231,876$1,216,485$215,496$8,663,857
Depreciation Depletion$6,160,210$763,214$2,200$6,925,624
Fees for Services Other$1,497,257$3,499,244$339,453$5,335,954
Occupancy$3,569,647$442,258$1,275$4,013,180
Interest$3,108,527$385,128$1,110$3,494,765
Payroll Taxes$2,857,228$480,619$85,140$3,422,987
Advertising$2,320,992$728,404$304,142$3,353,538
All Other Expenses$2,433,229$301,462$869$2,735,560
Pension Plan Contributions$2,263,810$380,799$67,457$2,712,066
Travel$1,897,190$235,051$678$2,132,919
Information Technology$1,704,393$211,164$609$1,916,166
Current Officers, Directors, Trustees, and Key Employees$341,372$1,574,107-$1,915,479
Insurance$1,371,651$169,939$490$1,542,080
Office Expenses$592,710$73,433$212$666,355
Other Expenses$476,957$59,092$170$536,219
Fees for Services Legal-$506,499-$506,499
Fees for Services Accounting-$171,585-$171,585
Fees for Service Investment Mgmnt Fees-$159,942-$159,942
Fees for Services Professional Fundraising--$97,700$97,700
Conferences and Meetings$78,040$9,669$28$87,737
Fees for Services Lobbying$12,008--$12,008
Total Functional Expenses$143,871,110$17,577,942$2,337,346$163,786,398

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$163,786,398
Total Expenses per Audited Statements$105,895,519
Expenses per Audited Statements$105,541,057
Expenses Not Reported on Financial Statements$58,245,341
Other Expense Adjustments$58,245,341
Expenses Not Reported on Form 990$354,462
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$354,462
Fundraising Gross Income$258,300
Professional Fundraising Fees$97,700

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner Dance$607,420$143,100$79,638$63,462
Winged Foot$225,470$115,200$34,112$81,088
Total Events$832,890$258,300$354,462$-96,162
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Postretirement Benefit$11,088,000
Refundable Advances From U.s.$3,317,115

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCity of New Rochelle Corp for Local Development2015-05-06$49,537,981Refunding of 2013 nroc bond/constr
ADormitory Authority of the State of New York2012-08-01$31,366,862Refunding 2002 bond/construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$49,537,981$8,186,545$664,230$773,080
A$31,366,862$22,760,914$2,429,580$507,061

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 4 Significant changes to organizational documents

The bylaws have been amended to make a change to the requirements of the Young Adult Trustee. Under the previous bylaws, the young adult trustee should not have graduated more than 5 years prior to election. Under the new bylaws, the requirement has been changed from 5 years to 8 years.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The form 990 is prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 is circulated to the full board of trustees for discussion and comment. Each board member is provided ample opportunity to comment on the information contained in the form 990 prior to its electronic filing with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

EACH TRUSTEE OF THE COLLEGE IS REQUIRED UPON APPOINTMENT AND ANNUALLY TO DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE COLLEGE. THE COLLEGE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS BY THE SECRETARY OF THE BOARD. The Secretary provides a copy of all completed statements to the Chair of the Audit, Compliance and Risk Committee and the Chair of the Board. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. Should a potential conflict arise, they are reviewed by the Audit, Compliance and Committee, which will attempt to resolve any actual or potential conflict and, in the absence of resolution, will refer the matter to the Board of Trustees for resolution.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The college undertakes a thorough process to ensure that the executive compensation it pays to its top management official is reasonable given the market in which the college operates. In relevant part, the board of trustees has established a compensation committee of independent persons that have no personal interest in the proposed compensation agreement. Contemporaneous substantiation for the compensation review is with the compensation committee minutes which includes the use of comparative data available in the market. The process was most recently performed in april 2019.

Form 990, Part VI, Line 19 Required documents available to the public

The organization does not ordinarily make its governing documents, conflict of interest policy and financial statements available to the public, however if requested will be provided at management's discretion.

Form 990, Part VIII, Line 11D Other Miscellaneous Revenue

Parking Fines - Total Revenue: 14499, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 14499; Other Revenue - Total Revenue: 2449251, Related or Exempt Function Revenue: 2443416, Unrelated Business Revenue: 5835, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Iona College
EIN
13-3508093
Phone
9146332483
Address
715 North Avenue McSpedon Hall, New Rochelle, NY 10801-1809

Signing Officer

Name
Anne Marie Schettini-lynch
Title
SVP of Fin & Administration
Signed
2020-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
1940
Legal Domicile
Ny
Voting Board Members
32
Independent Board Members
31
Employees
1,843
Volunteers
31

Preparer

Firm
Crowe Llp
Address
488 Madison Avenue Floor 3, New York, NY 10022-5702
Preparer
Kristin Anderson
Phone
2125725500
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Change in postretirement benefit obligation - 300000;

Financial Statement Notes

Schedule D, Part III, Line 4 Collections of art - description of collections

The college operates a public gallery near its campus that is open to both students and to the general public, free of charge. The college does not own any of the artwork exhibited in this gallery but receives these pieces for public exhibition. The gallery is intended as a vehicle to increase public appreciation of art and to enhance the student educational experience.

Schedule D, Part V, Line 4 Intended uses of endowment funds

The college's endowment fund is intended to support its educational mission. Permanent endowment funds and quasi endowment funds will fund student scholarships, faculty support, facility enhancements, operations and other strategic initiatives. The college intends on keeping the endowment principal untouched, while using its earnings to satisfy the above mentioned objectives.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Iona college (the "college"), a catholic college in the tradition of the christian brothers, is a tax-exempt organization as described in section 501(c)(3) of the internal revenue code (the code), and is generally exempt from federal income taxes on related income pursuant to section 501(a) of the code. The college has processes presently in place to ensure the maintenance of its tax-exempt status. Under asc 740, "income taxes", the college must recognize a tax liability associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by a taxing authority. The college does not believe there are any material uncertain tax positions taken, and accordingly, will not recognize any liability for unrecognized tax benefits under asc 740. The college is not currently under examination by any taxing jurisdiction.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Scholarship disbursement - -58085399 investment expenses - -159942 change in postretirement benefit obligation - 300000

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Special Events & Gaming Direct Expenses - -354462

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Special Events & Gaming Direct Expenses - 354462

Schedule D, Part XII, Line 4(B) Other expenses in form 990 not in audited financial statements

Scholarship disbursements - 58085399 investment expenses - 159942

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IRS990/Desc0INSTRUCTION - FOUNDED BY THE CONGREGATION OF CHRISTIAN BROTHERS IN 1940, IONA COLLEGE IS CHARTERED BY THE STATE OF NEW YORK AND FULLY ACCREDITED BY THE FEDERAL DEPARTMENT OF EDUCATION APPROVED REGIONAL ACCREDITOR, THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF SCHOOLS AND COLLEGES (CHE-MSA) TO OFFER CREDIT-BEARING COURSEWORK TOWARDS DEGREES AND REGISTERED CERTIFICATES AT THE UNDERGRADUATE AND GRADUATE LEVELS. IN ADDITION TO CHE-MSA, IONA'S ACADEMIC PROGRAMS HOLD MULTIPLE PROFESSIONAL AND SPECIAL ACCREDITATIONS FROM INDEPENDENT ACCREDITING BODIES INCLUDING THE ACCREDITING COUNCIL ON EDUCATION IN JOURNALISM & MASS COMMUNICATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION/COUNCIL FOR THE ACCREDITATION OF EDUCATOR PREPARATION, AND THE AMERICAN CHEMICAL SOCIETY AMONG OTHERS. THE SCHOOL OF BUSINESS IS ACCREDITED BY AACSB INTERNATIONAL - A HIGHLY ACCLAIMED DISTINCTION AWARDED TO JUST 5% OF BUSINESS SCHOOLS WORLDWIDE. THE SPEECH LANGUAGE PATHOLOGY PROGRAM IS ACCREDITED BY THE COUNCIL ON ACADEMIC ACCREDITATION IN AUDIOLOGY AND SPEECH-LANGUAGE PATHOLOGY. IONA'S MAIN CAMPUS IS LOCATED ON 43 ACRES IN NEW ROCHELLE (WESTCHESTER COUNTY), NEW YORK, 20 MILES NORTH OF MIDTOWN MANHATTAN, THE COLLEGE HAS A GRADUATE CENTER IN ROCKLAND COUNTY, N.Y., AND OFFERS GRADUATE COURSES IN NEW YORK CITY. IONA'S STUDENT BODY IS COMPRISED OF 3,178 UNDERGRADUATE STUDENTS AND 614 GRADUATE STUDENTS WITH A WIDE VARIETY OF UNDERGRADUATE AND GRADUATE DEGREES IN THE SCHOOL OF ARTS AND SCIENCE AND SCHOOL OF BUSINESS. IN RECENT YEARS, THE IONA COMMUNITY HAS FOCUSED ON ADVANCING STUDENT DISTINCTION, ELEVATING THE IONA EXPERIENCE, ENHANCING ACADEMIC DISTINCTION, GROWING INFRASTRUCTURE, ADVANCING AFFORDABILITY, AND RAISING NECESSARY RESOURCES. MUCH SUCCESS HAS BEEN REALIZED INCLUDING ENHANCED ACADEMIC OFFERINGS AND INTERNATIONAL PROGRAMS, LAUNCH OF ACADEMIC CENTERS AND INSTITUTES, RECORD SCHOLARSHIPS AWARDED, GROWTH TO THE ENDOWMENT OF OVER 100%, AND AN INCREASE TO CAMPUS LAND HOLDINGS OF 30%. IONA COLLEGE OFFERS A VIBRANT EXPERIENCE FOR STUDENTS WITH STUDENT CLUBS, ORGANIZATIONS, AND GROUPS ON CAMPUS, AND AN NCAA DIVISION I ATHLETICS PROGRAM WITH 21 VARSITY TEAMS. THE SCHOOL OF ARTS AND SCIENCE AND THE SCHOOL OF BUSINESS SUPPORT THE MISSION OF IONA COLLEGE THROUGH A COMMITMENT TO FOSTERING ACADEMIC EXCELLENCE AND INTELLECTUAL INQUIRY IN THE LIBERAL ARTS TRADITION. THE SCHOOLS EMBRACE THE VALUES OF A STUDENT-CENTERED INSTITUTION ROOTED IN A RELIGIOUS TRADITION INCLUDING PURSUIT OF KNOWLEDGE AND TRUTH, DEVOTION TO INTEGRITY, DIVERSITY, AND FREEDOM OF INQUIRY; OPENNESS TO CHANGE, INNOVATION, AND ENTREPRENEURSHIP; APPRECIATION FOR DATA-INFORMED, OUTCOMES-ORIENTED PRACTICES THAT PROMOTE INTERNAL COLLABORATION AND EXTERNAL COMPETITIVENESS; COMMITMENT TO COMPASSION, TRANSPARENT DECISION-MAKING, AND ACCOUNTABILITY AND DEDICATION TO RESPONSIBLE STEWARDSHIP OF HUMAN, PHYSICAL, FINANCIAL, AND ENVIRONMENTAL RESOURCES. WITH 19 ACADEMIC DEPARTMENTS, THE SCHOOL OF ARTS AND SCIENCE OFFERS MORE THAN 40 BACHELOR OF ARTS (BA), BACHELOR OF SCIENCE (BS) AND MORE THAN 15 MASTER'S DEGREES, AS WELL AS SEVERAL NON-DEGREE CERTIFICATE PROGRAMS. THE SCHOOL OF BUSINESS, OFFERS 7 BACHELOR OF BUSINESS ADMINISTRATION (BBA) DEGREES AND 6 MINORS, THE MASTER OF BUSINESS ADMINISTRATION (MBA) DEGREE IN 5 DIFFERENT MAJOR CONCENTRATIONS, 2 MASTER OF SCIENCE (MS) DEGREES IN FAST-GROWING AREAS SUCH AS FINANCE AND PUBLIC ACCOUNTING.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33327341
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34147470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt35216375
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt36214623
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt37687137
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt38271691
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt39257561
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40196061

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$480$139$341$194$199$4.48
2023Detailed filing. Detailed filing data is available for this year.$451$132$319$183$185$1.63
2022Detailed filing. Detailed filing data is available for this year.$443$137$307$178$176$1.84
2021Detailed filing. Detailed filing data is available for this year.$426$109$317$165$163$1.73
2020Detailed filing. Detailed filing data is available for this year.$388$117$271$159$161$2.51
2019Detailed filing. Detailed filing data is available for this year.$379$109$270$169$164$4.99
2018Detailed filing. Detailed filing data is available for this year.$365$110$255$166$162$4.12
2017Detailed filing. Detailed filing data is available for this year.$354$112$242$186$160$26.4
2016Detailed filing. Detailed filing data is available for this year.$321$118$203$173$147$25.6
2015Detailed filing. Detailed filing data is available for this year.$292$114$178$151$141$10.4
2014Detailed filing. Detailed filing data is available for this year.$233$64.3$169$151$139$12.7
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$202$56.6$145$138$133$4.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$188$51.8$136$131
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$184$50.4$134$124
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$169$51.1$118$119