College Of St Scholastica Inc
- Assets
- $208.3m
- Revenue
- $120.4m
- Investments
- $7.2m
- Employees
- 1,683
- Location
- Duluth, MN
- Founding
- 03/1973
- Data as of
- 06/2022
- EIN
- 41-0698301
Organization Overview
College Of St Scholastica Inc is located in Duluth, MN. The organization was established in 1973. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, College Of St Scholastica Inc employed 1,683 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of St Scholastica Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, College Of St Scholastica Inc generated $120.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $117.4m during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, College Of St Scholastica Inc has awarded 169 individual grants totaling $9,875,699. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INTELLECTUAL AND MORAL PREPARATION FOR RESPONSIBLE LIVING AND MEANINGFUL WORK.
Describe the Organization's Program Activity:
INSTRUCTION: THE COLLEGE OF ST. SCHOLASTICA PREPARES ITS STUDENTS FOR A LIFE OF PURPOSE BY EMPHASIZING CORE VALUES OF THE CATHOLIC BENEDICTINE TRADITION, INCLUDING HOSPITALITY, THE LOVE OF LEARNING, RESPECT, COMMUNITY AND STEWARDSHIP. LEARNING HERE ENTAILS A COMMITMENT TO MEETING RIGOROUS ACADEMIC STANDARDS, BROADENING THE SCOPE OF ONE'S VISION AND BECOMING ACCOUNTABLE TO BOTH SELF AND SOCIETY. ST. SCHOLASTICA OFFERS 46 MAJORS AND MANY UNIQUE MINORS. THE COLLEGE ALSO OFFERS ADVANCED DEGREES, CERTIFICATES AND LICENSURES IN 34 DIFFERENT AREAS. THE MAIN CAMPUS IS IN DULUTH, MINNESOTA, WITH ADDITIONAL IN-STATE CAMPUSES IN AUSTIN, BRAINERD, CLOQUET, INVER GROVE HEIGHTS, AND ST. CLOUD. IN ADDITION TO GRADUATE AND EXTENDED SITES THE COLLEGE OFFERS ONLINE PROGRAMS.
OTHER: INCLUDE PERFORMING ARTS, CONFERENCES, SPORTS CAMPS, AND MISCELLANEOUS EDUCATIONAL SERVICES
STUDENT & ADMINISTRATIVE SERVICES: THE STUDENT EXPERIENCE IS CRITICAL TO THE COLLEGE OF ST. SCHOLASTICA'S MISSION. THE COLLEGE PROVIDES LIBRARY SERVICES, COMPUTER LABS, ACADEMIC AND PERSONAL ADVISEMENT AND COUNSELING, TUTORING AND GRADUATE SCHOOL PREPARATION TO ENHANCE ITS EDUCATIONAL PROGRAMS. SUPPORT IS OFFERED FOR ADMISSIONS, REGISTRATION, FINANCIAL AID AND SPECIALIZED SERVICES TO ENRICH DIVERSITY WITHIN THE COLLEGE. STUDENT ACTIVITIES ARE A WAY FOR STUDENTS TO CONNECT WITH OTHER STUDENTS WITH SIMILAR VIEWS, ASPIRATIONS AND CONCERNS, AND THEN PROVIDE A FRAMEWORK FOR THOSE STUDENTS TO WORK TOGETHER FOR A COMMON GOAL. A VARIETY OF CAMPUS ORGANIZATIONS, CLUBS, AND LEADERSHIP OPPORTUNITIES PROVIDE STUDENTS WITH MANY AVENUES FOR PERSONAL, VOCATIONAL AND SOCIAL GROWTH. THE ATHLETICS DEPARTMENT OFFERS 22 MEN'S AND WOMEN'S PROGRAMS CONSISTENT WITH THE MISSION STATEMENT OF THE COLLEGE AND THE NCAA DIVISION III PHILOSOPHY. THERE WERE 400 UNDUPLICATED STUDENT PARTICIPANTS IN THESE PROGRAMS. ALL STUDENTS MAY PARTICIPATE IN A WIDE VARIETY OF INTRAMURAL ACTIVITIES AS WELL AS GENERAL USE OF THE COLLEGE'S RECREATIONAL FACILITY, THE BURNS COMMONS WELLNESS CENTER.
AUXILIARY SERVICES: ST. SCHOLASTICA OFFERS ITS STUDENTS HOUSING, FOOD AND HEALTH SERVICES.HOUSING CONSISTS OF A RESIDENCE HALL AND SUITES AND SEVEN APARTMENT COMPLEXES WITH A CAPACITY OF 856 BEDS. OVER HALF OF THE COLLEGE'S FULL-TIME UNDERGRADUATE TRADITIONAL AGED STUDENTS RESIDE ON CAMPUS. FOR, 2021-22, OCCUPANCY WAS 645 AND 596 STUDENTS FOR FALL AND SPRING SEMESTERS, RESPECTIVELY.ST. SCHOLASTICA UTILIZES ARAMARK CAMPUS DINING TO PROVIDE QUALITY NUTRITIOUS FOODS AT MULTIPLE CAMPUS LOCATIONS. TOGETHER WE ARE COMMITTED TO SUSTAINABLE PRACTICES AND SUPPORTING STUDENT'S HEALTH AND WELLBEING. ALL STUDENTS RESIDING IN THE RESIDENCE HALL ARE REQUIRED PURCHASE A MEAL PLAN. OVER 40% OF TRADITIONAL AGED STUDENTS RESIDE ON CAMPUS. OPTIONAL MEAL PLANS ARE AVAILABLE FOR OTHER RESIDENTIAL AND COMMUTER STUDENTS. FOR 2021-22, 403 AND 377 STUDENTS OBTAINED MEAL PLANS FOR FALL AND SPRING SEMEMSTERS, RESPECTIVELY. THE PHYSICAL AND EMOTIONAL WELL-BEING OF ALL STUDENTS IS ESSENTIAL FOR ACADEMIC SUCCESS. STUDENT HEALTH SERVICES PROVIDES ONSITE ACCESS TO MEDICAL PROFESSIONALS. OUR PROFESSIONAL STAFF OFFERS STUDENTS CONFIDENTIAL SERVICES IN TREATING PHYSICAL AND MENTAL HEALTH CONCERNS THAT COMMONLY OCCUR WITHIN THE COLLEGE POPULATION.A CAMPUS CONVENIENCE STORE SERVES STUDENTS, FACULTY, STAFF, ALUMNI AND MEMBERS OF THE SURROUNDING COMMUNITY WITH A SELECTION OF COLLEGIATE CLOTHING, GIFTS AND GENERAL MERCHANDISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Mcdonald President | OfficerTrustee | 40 | $353,971 |
David Sparby Trustee, Chair | OfficerTrustee | 1 | $0 |
Sister Danile Lynch Trustee, Treasurer | OfficerTrustee | 1 | $0 |
Deborah A Amberg Trustee | Trustee | 1 | $0 |
Larry Anderson Trustee | Trustee | 1 | $0 |
Steve Burgess Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ellucian Company Lp Technical Support | 6/29/22 | $493,671 |
Us Dept Of Education Financial Services | 6/29/22 | $413,203 |
Primacy Marketing | 6/29/22 | $385,617 |
Aramark Educational Services Llc Food Service | 6/29/22 | $1,772,872 |
Resource Training & Solutions Consulting | 6/29/22 | $355,412 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,749,968 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,624,611 |
| Noncash contributions included in lines 1a–1f | $153,338 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,374,579 |
| Total Program Service Revenue | $96,664,080 |
| Investment income | $2,174,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,161,134 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $120,434,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $425,997 |
| Grants and other assistance to domestic individuals. | $35,629,007 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,300,347 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $851,547 |
| Compensation of current officers, directors, key employees. | $384,443 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,907,159 |
| Pension plan accruals and contributions | $1,272,862 |
| Other employee benefits | $5,471,627 |
| Payroll taxes | $3,021,368 |
| Fees for services: Management | $1,001,359 |
| Fees for services: Legal | $95,699 |
| Fees for services: Accounting | $70,738 |
| Fees for services: Lobbying | $121,385 |
| Fees for services: Fundraising | $167,139 |
| Fees for services: Investment Management | $170,353 |
| Fees for services: Other | $3,881,138 |
| Advertising and promotion | $1,046,469 |
| Office expenses | $1,165,651 |
| Information technology | $1,506,493 |
| Royalties | $23,362 |
| Occupancy | $1,905,173 |
| Travel | $1,396,329 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $240,386 |
| Interest | $1,906,336 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,586,419 |
| Insurance | $500,854 |
| All other expenses | $70,538 |
| Total functional expenses | $117,425,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,574,979 |
| Savings and temporary cash investments | $4,362,007 |
| Pledges and grants receivable | $3,695,863 |
| Accounts receivable, net | $2,965,823 |
| Loans from Officers, Directors, or Controlling Persons | $26,744 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $66,272 |
| Prepaid expenses and deferred charges | $1,585,433 |
| Net Land, buildings, and equipment | $85,059,033 |
| Investments—publicly traded securities | $95,955,123 |
| Investments—other securities | $7,248,849 |
| Investments—program-related | $2,056,634 |
| Intangible assets | $34,687 |
| Other assets | $686,922 |
| Total assets | $208,318,369 |
| Accounts payable and accrued expenses | $7,291,054 |
| Grants payable | $2,665,685 |
| Deferred revenue | $6,646,601 |
| Tax-exempt bond liabilities | $47,320,047 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $3,228,939 |
| Other liabilities | $1,463,784 |
| Total liabilities | $68,616,110 |
| Net assets without donor restrictions | $99,556,890 |
| Net assets with donor restrictions | $40,145,369 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $208,318,369 |
Grants Awarded
Over the last fiscal year, College Of St Scholastica Inc has awarded $404,451 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ALLINA HEALTH PURPOSE: SEE PART IV | $13,172 |
CARRIS HEALTH LLC PURPOSE: SEE PART IV | $7,027 |
DEER RIVER HEALTHCARE CENTER PURPOSE: SEE PART IV | $14,628 |
CENTRACARE CLINIC PURPOSE: SEE PART IV | $56,630 |
ESSENTIA HEALTH PURPOSE: SEE PART IV | $124,849 |
FAMILY SERVICE ROCHESTER INC PURPOSE: SEE PART IV | $15,845 |