Civic Intelligence

Rosemont College

EIN 23-1365966 • 501(c)3 • Bryn Mawr, PA

Profile

Rosemont college is a community of learners dedicated to excellence and joy in the pursuit of knowledge. Continued on schedule o.rosemont college seeks to develop in all members of the community open and critical minds, as well as the ability to make reasoned moral decisions. Rooted in catholicism, and guided by the educational principles of cornelia connelly and the society of the holy child jesus, rosemont college values: trust in and reverence for the dignity of each person, diversity in human culture and experience, and persistence and courage in promoting justice with compassion.

1400 Montgomery AvenueBryn Mawr, PA 19010-1699

www.rosemont.edu

Siviq Scores

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

Liabilities / Assets

75th percentile

0.55x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.74x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

9th percentile

-25%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

12th percentile

-5.8%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-10%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Down

$59,629,056

Down $3,684,718 (-5.8%) from 2023

Liabilities

Down

$32,991,629

Down $712,213 (-2.1%) from 2023

Net Assets

Down

$26,637,427

Down $2,972,505 (-10%) from 2023

Revenue

Down

$18,932,459

Down $2,189,641 (-10%) from 2023

Expenses

Up

$23,647,235

Up $941,832 (+4.1%) from 2023

Net Income

Down

-$4,714,776

Down $3,131,473 (-198%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $32,995,304Liabilities 2010: $12,231,962Net Assets 2010: $20,763,3422010Assets 2011: $34,397,728Liabilities 2011: $12,299,834Net Assets 2011: $22,097,8942011Assets 2012: $37,989,460Liabilities 2012: $11,571,805Net Assets 2012: $26,417,6552012Assets 2013: $40,452,616Liabilities 2013: $11,267,974Net Assets 2013: $29,184,6422013Assets 2014: $44,435,811Liabilities 2014: $13,792,404Net Assets 2014: $30,643,4072014Assets 2015: $44,015,022Liabilities 2015: $13,838,741Net Assets 2015: $30,176,2812015Assets 2016: $42,773,433Liabilities 2016: $12,602,854Net Assets 2016: $30,170,5792016Assets 2017: $44,005,716Liabilities 2017: $10,420,122Net Assets 2017: $33,585,5942017Assets 2018: $44,426,448Liabilities 2018: $10,315,382Net Assets 2018: $34,111,0662018Assets 2019: $50,747,116Liabilities 2019: $16,838,768Net Assets 2019: $33,908,3482019Assets 2020: $55,101,229Liabilities 2020: $23,270,693Net Assets 2020: $31,830,5362020Assets 2021: $56,757,449Liabilities 2021: $23,391,035Net Assets 2021: $33,366,4142021Assets 2022: $50,923,781Liabilities 2022: $21,273,594Net Assets 2022: $29,650,1872022Assets 2023: $63,313,774Liabilities 2023: $33,703,842Net Assets 2023: $29,609,9322023Assets 2024: $59,629,056Liabilities 2024: $32,991,629Net Assets 2024: $26,637,4272024

Highlighted filing

2024

Assets$59,629,056
Liabilities$32,991,629
Net Assets$26,637,427

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $22,535,4292010Expenses 2011: $23,380,3412011Expenses 2012: $23,561,4822012Expenses 2013: $24,944,0742013Revenue 2014: $27,276,626Expenses 2014: $25,970,682Net Income 2014: $1,305,9442014Revenue 2015: $29,290,989Expenses 2015: $28,263,350Net Income 2015: $1,027,6392015Revenue 2016: $31,113,481Expenses 2016: $29,498,040Net Income 2016: $1,615,4412016Revenue 2017: $25,743,080Expenses 2017: $23,562,043Net Income 2017: $2,181,0372017Revenue 2018: $24,983,220Expenses 2018: $23,909,744Net Income 2018: $1,073,4762018Revenue 2019: $23,319,639Expenses 2019: $23,176,686Net Income 2019: $142,9532019Revenue 2020: $22,198,438Expenses 2020: $24,374,022Net Income 2020: -$2,175,5842020Revenue 2021: $22,360,710Expenses 2021: $23,865,487Net Income 2021: -$1,504,7772021Revenue 2022: $23,395,601Expenses 2022: $23,984,524Net Income 2022: -$588,9232022Revenue 2023: $21,122,100Expenses 2023: $22,705,403Net Income 2023: -$1,583,3032023Revenue 2024: $18,932,459Expenses 2024: $23,647,235Net Income 2024: -$4,714,7762024

Highlighted filing

2024

Revenue$18,932,459
Expenses$23,647,235
Net Income-$4,714,776

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$59.6$33.0$26.6$18.9$23.6$4.71
2023Detailed filing. Detailed filing data is available for this year.$63.3$33.7$29.6$21.1$22.7$1.58
2022Detailed filing. Detailed filing data is available for this year.$50.9$21.3$29.7$23.4$24.0$0.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.8$23.4$33.4$22.4$23.9$1.50
2020Detailed filing. Detailed filing data is available for this year.$55.1$23.3$31.8$22.2$24.4$2.18
2019Detailed filing. Detailed filing data is available for this year.$50.7$16.8$33.9$23.3$23.2$0.14
2018Detailed filing. Detailed filing data is available for this year.$44.4$10.3$34.1$25.0$23.9$1.07
2017Detailed filing. Detailed filing data is available for this year.$44.0$10.4$33.6$25.7$23.6$2.18
2016Detailed filing. Detailed filing data is available for this year.$42.8$12.6$30.2$31.1$29.5$1.62
2015Detailed filing. Detailed filing data is available for this year.$44.0$13.8$30.2$29.3$28.3$1.03
2014Detailed filing. Detailed filing data is available for this year.$44.4$13.8$30.6$27.3$26.0$1.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.5$11.3$29.2$24.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.0$11.6$26.4$23.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.4$12.3$22.1$23.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.0$12.2$20.8$22.5
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$24,521,678
Mission and Program Overview

Mission

Rosemont college is a community of learners dedicated to excellence and joy in the pursuit of knowledge. Rosemont college seeks to develop in all members of the community open and critical minds, as well as the ability to make reasoned moral decisions. Rooted in catholicism, and guided by the educational principles of cornelia connelly and the society of the holy child jesus, rosemont college values: trust in and reverence for the dignity of each person, diversity in human culture and experience, and persistence and courage in promoting justice with compassion.

Rosemont college is a community of learners dedicated to excellence & joy in pursuit of knowledge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$29,207,404$28,598,688▼ $608,716
Investments in Publicly Traded Securities$16,362,024$12,593,164▼ $3,768,860
Pledges and Grants Receivable$2,418,617$2,367,590▼ $51,027
Accounts Receivable$2,016,417$2,263,861▲ $247,444
Cash and Non-Interest-Bearing Accounts$670,076$699,960▲ $29,884
Savings and Temporary Cash Investments$172,030$592,640▲ $420,610
Prepaid Expenses and Deferred Charges$244,066$329,082▲ $85,016
Inventories for Sale or Use$144,170$177,634▲ $33,464
Investments Program Related$116,006$116,006→ $0
Total Assets$63,313,774$59,629,056▼ $3,684,718
Other Assets Total$11,962,964$11,890,431▼ $72,533
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,066,519$16,142,361▼ $1,924,158
Other Liabilities$11,977,797$11,646,589▼ $331,208
Accounts Payable and Accrued Expenses$2,028,185$2,586,095▲ $557,910
Unsecured Notes Loans Payable$1,000,000$2,000,000▲ $1,000,000
Deferred Revenue$631,341$616,584▼ $14,757
Total Liabilities$33,703,842$32,991,629▼ $712,213
Net Assets / Fund Balance
Net Assets With Donor Restrictions$23,185,601$20,693,386▼ $2,492,215
Net Assets Without Donor Restrictions$6,424,331$5,944,041▼ $480,290
Total Net Assets Fund Balance$29,609,932$26,637,427▼ $2,972,505
Total Liabilities and Net Assets / Fund Balance$63,313,774$59,629,056▼ $3,684,718

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,246,356$24,294,564$52,540,920
Equipment$0$7,531,548$7,531,548
Other Land Buildings$0$396,123$396,123
Land$352,332-$352,332
Other Assets Org$10,742,374--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$16,145,894$39,143▲ $1,827,901$4,820,610$12,362,968
2022$15,273,886$16,965▲ $1,703,174-$16,145,894
2021$18,341,797$156,455▼ $2,304,585-$15,273,886
2020$17,272,190$33,396▲ $3,586,025$1,630,033$18,341,797
2019$19,572,863$26,564▲ $1,142,287$2,150,000$17,272,190
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James F CawleyPresidentFT$264,186$53,055$317,241
KAREN O'DONNELLVP Inst AdvancementFT$136,275$48,894$185,169
Melissa M Nash-gibneyProvost/VP Acad Student AffairsFT$160,208$7,357$167,565
William WilkinsonVP Fin / Admin (until 1/24)FT$147,939$2,890$150,829
Thomas DegeorgeInterim Director & Asst Prof CounselingFT$112,834$22,026$134,860
Charles SteinmetzInterim VP Fin/admin (as of 4/24)FT$94,472$9,792$104,264

Highest Paid Contractors

ContractorServicesLocationCompensation
Eat'n Park Hospitality GroupFood Service285 E WATERFRONT DR, Homestead, PA 15120$1,225,648
Aramark Management Service LPFacilities Management1101 MARKET STREET, Philadelphia, PA 19107$1,193,781
Netrix CogentixComputer ServicesPO BOX 7795, Carol Stream, IL 60197$339,227
Aspect ConsultingComputer Services20109 VALLEY FORGE CIRCLE, King Of Prussia, PA 19406$201,499
Fa Solutions LLCConsulting600 1ST AVE N, Saint Petersburg, FL 33701$113,713
Revenue and Support

Revenue Composition

Contributions and Grants
$2,101,627
Program Service Revenue
$16,167,471
Investment Income
$322,041
Other Revenue
$341,320
All Other Contributions
$1,933,357
Change in Net Assets
$-4,714,776

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,932,459
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,787,803
Total Revenue per Audited Statements
$16,144,656
Total Revenue per Form 990
$18,932,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,771,653
Salaries, Compensation, and Employee Benefits$9,296,420
Grants and Similar Amounts Paid$4,579,162
Total Fundraising Expense$426,555
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,858,043$1,786,015$193,957$6,838,015
Grants to Domestic Individuals$4,579,162--$4,579,162
Fees for Services Other$1,901,520$330,099$93,874$2,325,493
Interest$782,883$383,610-$1,166,493
Other Employee Benefits$818,956$301,082$32,696$1,152,734
Depreciation Depletion$717,772$183,469-$901,241
Information Technology$42,631$817,451-$860,082
Office Expenses$259,116$388,458$4,357$651,931
Occupancy$224,069$357,848-$581,917
Payroll Taxes$394,010$144,854$15,731$554,595
Current Officers, Directors, Trustees, and Key Employees$378,346$139,096$15,106$532,548
Insurance$490,298--$490,298
All Other Expenses$272,018$140,243-$412,261
Pension Plan Contributions$155,252$57,077$6,199$218,528
Other Expenses$47,976$138,118$49,959$186,094
Fees for Services Accounting-$111,147-$111,147
Advertising$36,741$56,925$11,509$105,175
Fees for Service Investment Mgmnt Fees-$78,730-$78,730
Fees for Services Legal-$37,896-$37,896
Travel$13,139-$1,147$14,286
Conferences and Meetings$5,823$4,457$2,020$12,300
Total Functional Expenses$17,735,604$5,485,076$426,555$23,647,235

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$23,647,235
Expenses per Audited Statements$19,117,161
Total Expenses per Audited Statements$19,117,161
Expenses Not Reported on Financial Statements$4,530,074
Other Expense Adjustments$4,530,074
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
Capital Lease Payable$11,075,592
Unearned Contract Revenue$523,750
Refundable Advances - From Federal Government$47,247
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 1A

The executive committee is comprised of the board officers, the chairs of the board's standing committees, and the president of the college (ex-oficio). The committee may act for the board on all matters except: hiring or termination of the president, change in institutional mission or purpose, or change in the institutional charter or articles of incorporation.

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

The tax filing was prepared by the organization's public accounting firm based on information provided by the finance area. Once a draft is available, it is reviewed by executive leadership. Before it is finalized and filed with the irs, the complete form 990 public disclosure copy was provided to the president and members of the board of trustees for their review.

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

The members of the board of trustees are required to annually disclose to the board chair any conflicts or potential conflicts of interest. Faculty, administration, and staff are required to disclose any conflicts or potential conflicts of interest to their dean or supervisor. Violations of the policy are handled in accordance with the college's documented disciplinary procedures. The president, provost, and vice president for finance and administration are jointly responsible for monitoring and enforcing the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

Top management official and all officer positions are classified and paid according to a uniform internally-maintained schedule. Because of budget constraints, most are paid below national salary averages of comparative religious colleges/universities rosemont uses cupa-hr data to validate salary offers to ensure compensation does not exceed fmv.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rosemont College of the Holy Child Jesus
EIN
23-1365966
Phone
6105270200
Address
1400 MONTGOMERY AVENUE, BRYN MAWR, PA 19010-1699

Signing Officer

Name
Sean Austin
Title
Controller
Phone
6105270200
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Cawley
Formed
1921
Legal Domicile
Pa
Voting Board Members
17
Independent Board Members
17
Employees
401
Volunteers
17

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of split interest agreements 106,289.

Financial Statement Notes

PART V, LINE 4:

The college's endowment fund consists of approximately 65 individual funds established for a variety of purposes. It includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments. The college has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets.

PART X, LINE 2:

The college accounts for uncertainties in income taxes in accordance with authoritative guidance, which prescribes a recognition threshold of more likely than not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The college does not believe its financial statements include any uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Financial aid netted against revenue on financials -4,451,344. Investment expenses netted against revenue on financials -78,730. Change in value of split interest agreements 106,289.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

RENTAL EXPENSES

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial aid netted against revenue on financials 4,451,344. Investment expenses netted against revenue on financials 78,730.

Raw XML AppendixShowing 400 of 787 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/Desc0ROSEMONT COLLEGE WAS FOUNDED IN 1921 AND IS LOCATED IN SUBURBAN PHILADELPHIA. TOTAL STUDENT ENROLLMENT IS 1,001 AS OF JUNE 30, 2023 WITH A STUDENT-TEACHER RATIO OF 12:1 AND AN AVERAGE CLASS SIZE OF 12. THERE ARE THREE SCHOOLS: THE UNDERGRADUATE COLLEGE, THE SCHOOL OF GRADUATE STUDIES, AND THE SCHOOL OF PROFESSIONAL STUDIES. THE UNDERGRADUATE COLLEGE OFFERS A NUMBER OF MAJORS AND ACADEMIC PROGRAMS AWARDING BACHELOR OF ARTS, BACHELOR OF FINE ARTS, AND BACHELOR OF SCIENCE DEGREES. EACH PROGRAM OFFERS AN IN-DEPTH STUDY OF A PARTICULAR SUBJECT AREA AS WELL AS A BREADTH OF STUDY IN THE LIBERAL ARTS.CONTINUED ON SCHEDULE O.THE SCHOOL OF GRADUATE STUDIES OFFERS GRADUATE PROGRAMS THAT AWARD THE MASTER OF BUSINESS ADMINISTRATION, MASTER OF SCIENCE IN MANAGEMENT, MASTER OF ARTS, MASTER OF FINE ARTS, AND THE MASTER OF EDUCATION DEGREES. THE SCHOOL OF PROFESSIONAL STUDIES OFFERS ACCELERATED DEGREE PROGRAMS, CERTIFICATES, AND CORPORATE TRAINING. THE ACADEMIC FOCUS OF THE ACCELERATED DEGREE PROGRAMS IS ON RELEVANT AND PRACTICAL KNOWLEDGE AND TECHNIQUES. SMALL CLASS SIZE AND A SEMINAR ATMOSPHERE COMPLEMENT THE LEARNING EXPERIENCE.GENERAL EDUCATION SCHOLARSHIPS AND FEDERAL AND STATE GRANTS AND SCHOLARSHIPS ARE AWARDED TO STUDENTS. DURING THE YEARS ENDED JUNE 30, 2024, THE COLLEGE PROVIDED STUDENT FINANCIAL AID FROM INTERNAL RESOURCES OF APPROXIMATELY $4,100,000.
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IRS990/Form990PartVIISectionAGrp/PersonNm0MARIA A FEELEY JD
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES SCHULTZ
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IRS990/Form990PartVIISectionAGrp/PersonNm15MEGAN SULLIVAN
IRS990/Form990PartVIISectionAGrp/PersonNm16LAURA WHITNEY
IRS990/Form990PartVIISectionAGrp/PersonNm17JAMES F CAWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm18WILLIAM WILKINSON
IRS990/Form990PartVIISectionAGrp/PersonNm19CHARLES STEINMETZ
IRS990/Form990PartVIISectionAGrp/PersonNm20MELISSA M NASH-GIBNEY
IRS990/Form990PartVIISectionAGrp/PersonNm21THOMAS DEGEORGE
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IRS990/MissionDesc0ROSEMONT COLLEGE IS A COMMUNITY OF LEARNERS DEDICATED TO EXCELLENCE AND JOY IN THE PURSUIT OF KNOWLEDGE. CONTINUED ON SCHEDULE O.ROSEMONT COLLEGE SEEKS TO DEVELOP IN ALL MEMBERS OF THE COMMUNITY OPEN AND CRITICAL MINDS, AS WELL AS THE ABILITY TO MAKE REASONED MORAL DECISIONS. ROOTED IN CATHOLICISM, AND GUIDED BY THE EDUCATIONAL PRINCIPLES OF CORNELIA CONNELLY AND THE SOCIETY OF THE HOLY CHILD JESUS, ROSEMONT COLLEGE VALUES: TRUST IN AND REVERENCE FOR THE DIGNITY OF EACH PERSON, DIVERSITY IN HUMAN CULTURE AND EXPERIENCE, AND PERSISTENCE AND COURAGE IN PROMOTING JUSTICE WITH COMPASSION.
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