Civic Intelligence

Helene Fuld College of Nursing

EIN 13-3705284 • 501(c)3 • New York, NY

Pub. 78 EligibleNTEE E90

View Organization Page

Profile

Helene fuld college of nursing incorporates innovative teaching and learning strategies in order to develop health care professionals who promote the health of individuals, families and communities.

24 East 120th StreetNew York, NY 10035

www.helenefuld.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.27x

Higher debt load relative to assets than 38% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.23x

Higher debt load relative to revenue than 35% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Source year 2024

Net Margin

77th percentile

14%

Higher net margin than 77% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

37th percentile

$387,574

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

NTEE E • $25M-$50M nonprofits • Source year 2024

Asset Growth

66th percentile

9.0%

Faster asset growth than 66% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

41%

Faster revenue growth than 84% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$16,561,420

Up $1,365,592 (+9.0%) from 2023

Liabilities

Down

$4,462,137

Down $1,257,834 (-22%) from 2023

Net Assets

Up

$12,099,283

Up $2,623,426 (+28%) from 2023

Operations
Liabilities / Revenue35th percentileNet Margin77th percentile

Revenue

Up

$19,723,688

Up $5,686,962 (+41%) from 2023

Expenses

Up

$17,043,420

Up $2,032,146 (+14%) from 2023

Net Income

Up

$2,680,268

Up $3,654,816 (+375%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $4,745,357Liabilities 2010: $724,312Net Assets 2010: $4,021,0452010Assets 2011: $4,927,510Liabilities 2011: $688,626Net Assets 2011: $4,238,8842011Assets 2012: $4,640,862Liabilities 2012: $926,520Net Assets 2012: $3,714,3422012Assets 2013: $5,544,820Liabilities 2013: $887,397Net Assets 2013: $4,657,4232013Assets 2014: $6,557,510Liabilities 2014: $828,014Net Assets 2014: $5,729,4962014Assets 2015: $7,682,846Liabilities 2015: $753,377Net Assets 2015: $6,929,4692015Assets 2016: $7,978,604Liabilities 2016: $860,530Net Assets 2016: $7,118,0742016Assets 2017: $8,409,031Liabilities 2017: $802,769Net Assets 2017: $7,606,2622017Assets 2018: $8,606,423Liabilities 2018: $815,954Net Assets 2018: $7,790,4692018Assets 2019: $10,273,409Liabilities 2019: $1,138,268Net Assets 2019: $9,135,1412019Assets 2020: $13,859,868Liabilities 2020: $2,087,128Net Assets 2020: $11,772,7402020Assets 2021: $15,101,920Liabilities 2021: $1,357,045Net Assets 2021: $13,744,8752021Assets 2022: $16,448,775Liabilities 2022: $6,936,629Net Assets 2022: $9,512,1462022Assets 2023: $15,195,828Liabilities 2023: $5,719,971Net Assets 2023: $9,475,8572023Assets 2024: $16,561,420Liabilities 2024: $4,462,137Net Assets 2024: $12,099,2832024

Highlighted filing

2024

Assets$16,561,420
Liabilities$4,462,137
Net Assets$12,099,283
Open 2024 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $5,010,0892010Expenses 2011: $5,258,5732011Expenses 2012: $5,916,7092012Revenue 2013: $7,045,902Expenses 2013: $6,157,312Net Income 2013: $888,5902013Revenue 2014: $7,204,213Expenses 2014: $6,217,217Net Income 2014: $986,9962014Revenue 2015: $7,855,938Expenses 2015: $6,510,423Net Income 2015: $1,345,5152015Revenue 2016: $6,450,337Expenses 2016: $6,463,901Net Income 2016: -$13,5642016Revenue 2017: $6,683,476Expenses 2017: $6,529,226Net Income 2017: $154,2502017Revenue 2018: $7,308,531Expenses 2018: $6,697,568Net Income 2018: $610,9632018Revenue 2019: $8,350,325Expenses 2019: $7,633,938Net Income 2019: $716,3872019Revenue 2020: $10,874,773Expenses 2020: $8,753,604Net Income 2020: $2,121,1692020Revenue 2021: $12,774,425Expenses 2021: $10,386,005Net Income 2021: $2,388,4202021Revenue 2022: $9,911,548Expenses 2022: $12,878,387Net Income 2022: -$2,966,8392022Revenue 2023: $14,036,726Expenses 2023: $15,011,274Net Income 2023: -$974,5482023Revenue 2024: $19,723,688Expenses 2024: $17,043,420Net Income 2024: $2,680,2682024

Highlighted filing

2024

Revenue$19,723,688
Expenses$17,043,420
Net Income$2,680,268
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$16,561,420
Liabilities
$4,462,137
Net assets
$12,099,283
Revenue
$19,723,688
Expenses
$17,043,420
Net income
$2,680,268
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$4.46$12.1$19.7$17.0$2.68
2023Detailed filing. Detailed filing data is available for this year.$15.2$5.72$9.48$14.0$15.0$0.97
2022Detailed filing. Detailed filing data is available for this year.$16.4$6.94$9.51$9.91$12.9$2.97
2021Detailed filing. Detailed filing data is available for this year.$15.1$1.36$13.7$12.8$10.4$2.39
2020Detailed filing. Detailed filing data is available for this year.$13.9$2.09$11.8$10.9$8.75$2.12
2019Detailed filing. Detailed filing data is available for this year.$10.3$1.14$9.14$8.35$7.63$0.72
2018Detailed filing. Detailed filing data is available for this year.$8.61$0.82$7.79$7.31$6.70$0.61
2017Detailed filing. Detailed filing data is available for this year.$8.41$0.80$7.61$6.68$6.53$0.15
2016Detailed filing. Detailed filing data is available for this year.$7.98$0.86$7.12$6.45$6.46$0.01
2015Detailed filing. Detailed filing data is available for this year.$7.68$0.75$6.93$7.86$6.51$1.35
2014Detailed filing. Detailed filing data is available for this year.$6.56$0.83$5.73$7.20$6.22$0.99
2013Detailed filing. Detailed filing data is available for this year.$5.54$0.89$4.66$7.05$6.16$0.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$0.93$3.71$5.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$0.69$4.24$5.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$0.72$4.02$5.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$25,998,918
Mission and Program Overview

Mission

Helene fuld college of nursing incorporates innovative teaching and learning strategies in order to develop health care professionals who promote the health of individuals, families and communities.

Helene fuld college of nursing is an independent single-purpose institution.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,572,868$8,122,426▲ $1,549,558
Cash and Non-Interest-Bearing Accounts$1,546,892$1,938,024▲ $391,132
Accounts Receivable$1,026,288$1,859,773▲ $833,485
Land, Buildings, and Equipment, Net$1,636,760$1,159,561▼ $477,199
Savings and Temporary Cash Investments$90,191$858,497▲ $768,306
Prepaid Expenses and Deferred Charges$407,393$255,472▼ $151,921
Total Assets$15,195,828$16,561,420▲ $1,365,592
Other Assets Total$3,915,436$2,367,667▼ $1,547,769
Liabilities
Accounts Payable and Accrued Expenses$3,167,047$3,381,063▲ $214,016
Other Liabilities$2,317,300$769,531▼ $1,547,769
Deferred Revenue$235,624$311,543▲ $75,919
Total Liabilities$5,719,971$4,462,137▼ $1,257,834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,928,537$11,533,963▲ $2,605,426
Net Assets With Donor Restrictions$547,320$565,320▲ $18,000
Total Net Assets Fund Balance$9,475,857$12,099,283▲ $2,623,426
Total Liabilities and Net Assets / Fund Balance$15,195,828$16,561,420▲ $1,365,592

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$765,867$2,596,962$3,362,829
Other Land Buildings$352,515$639,371$991,886
Equipment$41,179$701,357$742,536
Other Assets Org$2,367,667--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$547,320$29,500-$14,500$565,320
2023$536,620$22,700-$16,700$547,320
2022$539,170$21,200-$16,200$536,620
2021$559,566$16,766▲ $65,762$70,271$539,170
2020$703,177$28,950▲ $53,774$147,424$559,566
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joyce Griffin-sobelPresident & CEOFT$353,735$33,839$387,574
Sandra CarolloProvost & Executive VPFT$186,936$29,630$216,566
Eickel OrtizChief of StaffFT$167,897$38,610$206,507
Roger L AndersonCFOFT$130,408$29,001$159,409
Ojada JoannaHighest Compensated Employ-$132,312$1,877$134,189
Paul Guabaa-amponsahAssistant Dean of ScienceFT$107,243$20,968$128,211
Tark AluemHighest Compensated Employ-$107,147$19,649$126,796
Schoene MatthewHighest Compensated Employ-$106,923$9,032$115,955
Baliram RamkumarieFormer Highest Compensated Employ-$106,493$5,820$112,313

Board Members and Trustees

NameTitle
James C FrauenthalChairperson
Akili HinsonBoard Member
Linda CalandraBoard Member
William TurnerBoard Member
Bhanu PatilTrustee
CATHERINE O'NEILL D'AMICOTrustee
Dara CookTrustee
Fisayo OlayinkaTrustee
Gretchen HardersTrustee
Hayward S Gill JrTrustee
James PaineTrustee
Janice NissenTrustee
John BertolozziTrustee
Madhu MazumdarTrustee
Marie KonstanceTrustee
Michelle S WolfTrustee
Natalia CineasTrustee
Ruth L FischbachSecretary
Alan S RoemerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Assessment Technologies Institute LLCNursing Education11161 OVERBOOK ROAD, Leawood, KS 66211$1,194,637
Madison Lawrence IndustriesJanitorial Service427 CHESTNUT STREET 201, Union, NJ 07083$210,078
Hub International Northeast LimitedInsurance Services401 BROADHOLLOW ROAD SUITE 200 3, Melville, NY 11747$207,381
Building Security ServicesSecurity Services20 VALLEY ST SUITE 340, South Orange, NJ 07079$205,928
Mantel Mcdonough Riso LLPLegal Services410 PARK AVENUE 17TH FLOOR, New York, NY 10022$115,880
Revenue and Support

Revenue Composition

Contributions and Grants
$155,879
Program Service Revenue
$18,712,170
Investment Income
$855,639
Other Revenue
$0
All Other Contributions
$52,459
Change in Net Assets
$2,680,268

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,666,252
Revenue Not Reported on Financial Statements
$57,436
Revenue Not Reported on Form 990
$-317,226
Total Revenue per Audited Statements
$19,349,026
Total Revenue per Form 990
$19,723,688
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$10,701,986
Other Expenses$6,081,050
Grants and Similar Amounts Paid$260,384
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,035,017$1,365,535-$8,400,552
Occupancy$1,360,284$378,507-$1,738,791
Payroll Taxes$922,764$179,113-$1,101,877
Current Officers, Directors, Trustees, and Key Employees$825,906$160,313-$986,219
Office Expenses$437,351$208,596-$645,947
Depreciation Depletion$406,422$113,090-$519,512
Grants to Domestic Individuals$260,384--$260,384
Insurance$197,276$53,418-$250,694
Fees for Services Other-$202,861-$202,861
Pension Plan Contributions$100,871$19,580-$120,451
Other Employee Benefits$77,788$15,099-$92,887
Fees for Services Accounting-$88,266-$88,266
Advertising$36,849$47,031-$83,880
Fees for Services Legal-$82,599-$82,599
Travel$10,191$72,371-$82,562
Other Expenses$59,044$16,430-$75,474
Fees for Service Investment Mgmnt Fees$57,437--$57,437
Total Functional Expenses$13,690,118$3,353,302$0$17,043,420

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$17,043,420
Expenses per Audited Statements$16,725,600
Total Expenses per Audited Statements$16,725,600
Expenses Not Reported on Financial Statements$317,820
Other Expense Adjustments$260,384
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Lease Liabilities$769,531
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 2

“Board of trustee member james frauenthal, ph.d. (chairperson), alan roemer, and michelle wolf have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed in detail by the college's cfo and president. The form 990 is presented to the helene fuld college of nursing audit committee for review and approval. A copy of the form 990 is provided to all trustees prior to filing with the irs in electronic format.”

Form 990, Part VI, Section B, Line 12C

“All officers, directors, trustees and key employees are required to be in compliance with the college's conflict of interest policy. Each individual is provided an annual conflict of interest form that is intended to disclose business and/or family relationships/interests that could give rise to a conflict of interest. These signed forms are maintained in the president's office and are reviewed annually to ensure compliance with the college's policy. In 2024, no conflicts were disclosed on the annual conflict of interest forms submitted by the officers, trustees and key employees that were not disclosed on the form.”

Form 990, Part VI, Section B, Line 15

“The compensation of the president of the college is determined by the college's board of trustees, through the personnel committee annually, and designed to ensure that the amount paid is reasonable. The president's salary was last increased in 2022 as approved by the board. For all other officers and employees compensation is set upon hiring and then subject to increase by the president. Historically, the board has approved annual salary increases for all employees.”

Form 990, Part VI, Section C, Line 19

“The college makes its form 990 available to the public by retaining a copy of each at the address listed on page 1 of this return. Any individual requesting a copy of these documents is provided that copy on the same business day. The organization's governing documents, audited financial statements, and conflict of interest policy are available to the public upon request and at management's discretion.”

Filing and Contact Details

Filer

Filer Name
Helene Fuld College of Nursing
EIN
13-3705284
Phone
2126167200
Address
24 EAST 120TH STREET, NEW YORK, NY 10035

Signing Officer

Name
Joyce Griffin-sobel
Title
President and CEO
Phone
2126167200
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joyce Griffin-sobel
Formed
2004
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
174
Volunteers
0

Preparer

Firm
Uhy Advisors Northeast Inc
Address
1185 AVENUE OF THE AMERICAS 38TH, FLOOR, NEW YORK, NY 10036
Preparer
Michael Burke
Phone
2123814700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Oversight, review and selection process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The college was organized as a not-for-profit corporation in nys, and is exempt from income taxes under section 501(c)(3) of the internal revenue code. The income tax positions taken by the college for any years open under the varous statutes of limitations are that the college continues to be exempt from income taxes and that the college does not have unrelated business income that would subject it to income taxes. The college believes that there are no tax positions taken or expected to be taken that would significantly increase or decrease unrecognized tax benefits within 12 months of the reporting date. None of the college's federal or state returns are currently under examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Scholarships/fellowships not in part viii”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships/fellowships in part ix”

PART V, LINE 4:

“The objective of the college is to maintain the principal endowment funds at the original amount designated by the donor while generating income for the specified program. The investment policy to achieve this objective is to invest in cash equivalents and other low-risk securities.”

Raw XML AppendixShowing 400 of 779 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0HELENE FULD COLLEGE OF NURSING (THE "COLLEGE") WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION THROUGH ITS CHARTER FROM THE BOARD OF REGENTS OF THE UNIVERSITY OF THE STATE OF NEW YORK, AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE COLLEGE IS AUTHORIZED TO GRANT AN ASSOCIATE IN APPLIED SCIENCE DEGREE IN NURSING AS WELL AS A BACHELOR OF SCIENCE DEGREE IN NURSING.THE COLLEGE'S PRIMARY SOURCES OF REVENUE ARE TUITION AND FEES.THE COLLEGE IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE), THE ASSOCIATE IN APPLIED SCIENCE PROGRAM IS ACCREDITED BY THE ACCREDITATION COMMISSION FOR EDUCATION IN NURSING, INC. (ACEN), AND THE BACHELOR OF SCIENCE PROGRAM IS ACCREDITED BY THE COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE).
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