CABRINI LEGACY CORPORATION

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

AMY LAMBERT

Phone

6109028415

Tax Period

2024-07-01 to 2025-06-30

CABRINI LEGACY CORPORATION, founded in 1957, is a small nonprofit in the Education sector that reported $447K in total revenue in fiscal year 2024. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $592K exceeded revenue, resulting in a 33% operating deficit.

Mission

EDUCATION OF THE HEART: CABRINI UNIVERSITY WAS A CATHOLIC INSTITUTION OF HIGHER EDUCATION. THE CABRINI LEGACY CORPORATION EXISTS TO PROTECT THE LEGACY OF THE FORMER UNIVERSITY.CABRINI UNIVERSITY WAS A CATHOLIC INSTITUTION OF HIGHER EDUCATION DEDICATED TO ACADEMIC EXCELLENCE, LEADERSHIP DEVELOPMENT, AND A COMMITMENT TO SOCIAL JUSTICE. THE UNIVERSITY WELCOMED LEARNERS OF ALL FAITHS, CULTURES AND BACKGROUNDS TO PREPARE THEM TO BECOME ENGAGED CITIZENS OF THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $365,799 Revenue: $2,492

CABRINI LEGACY CORPORATION EXISTS TO MEET THE NEEDS OF FORMER CABRINI UNIVERSITY STUDENTS, FACULTY, STAFF AND ALUMNI AFTER THE CLOSURE OF THE UNIVERSITY IN 2024. THE CABRINI LEGACY CORPORATION...

CABRINI LEGACY CORPORATION EXISTS TO MEET THE NEEDS OF FORMER CABRINI UNIVERSITY STUDENTS, FACULTY, STAFF AND ALUMNI AFTER THE CLOSURE OF THE UNIVERSITY IN 2024. THE CABRINI LEGACY CORPORATION MAINTAINS ALL REQUIRED RECORDS FOR RETENTION, RESPONDS TO ALL INQUIRIES REGARDING NEEDS OF THE POPULATION NOTED ABOVE AND SERVES TO COMPLETE REMAINING COMPLIANCE RESPONSIBILITIES OF THE FORMER UNIVERSITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,316

Program Service Revenue $2,492

Investment Income $227,108

Other Revenue $196,850

TOTAL REVENUE $446,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $358,656

Fundraising Expenses $0

Program Expenses $365,799

Other Expenses $233,795

TOTAL EXPENSES $592,451

Year-over-Year Comparison

	2024	2023	Change
Revenue	$446,766	$32,207,240	-1.0%
Expenses	$592,451	$78,179,269	-1.0%
Net Income	$-145,685	$-45,972,029	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

373

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$544,443

Total Directors

$382,188

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HELEN DRINAN	INTERIM PRESIDENT TO AUGUST 2024	35.00	Officer Director	$330,000	$52,188	$382,188
AMY LAMBERT	CHAIR	1.00	Officer Director	$0	$0	$0
MARY BETH SENKEWICZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ANDREA KELLIHER	SECRETARY	1.00	Officer Director	$0	$0	$0
GEORGE BADEY III ESQ	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW BRADY	TRUSTEE	1.00	Director	$0	$0	$0
HERNAN GUARACAO	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL KUBACKI	TRUSTEE	1.00	Director	$0	$0	$0
DAVID REGN	TRUSTEE	1.00	Director	$0	$0	$0
RACHEL SLAUGHTER	TRUSTEE	1.00	Director	$0	$0	$0
ERIC TIDWELL	TRUSTEE	1.00	Director	$0	$0	$0
LYNDA BUZZARD	TREASURER, VP FINANCE TO AUGUST 2024	35.00	Officer	$149,970	$12,285	$162,255
MELISSA TERLECKI	ASSOCIATE DEAN TO JUNE 2024	35.00	Highest	$139,392	$9,672	$149,064
BEVERLY BRYDE	PROFESSOR OF EDUCATION TO MAY 2024	35.00	Highest	$137,519	$7,366	$144,885
ERIN MCLAUGHLIN	ASSOCIATE DEAN TO JUNE 2024	35.00	Highest	$136,873	$12,056	$148,929
CATHERINE CORCORAN	VP STUDENT EXPERIENCE TO JUNE 2024	35.00	Highest	$133,676	$9,228	$142,904
NANCY OLLINGER	DIR ADMIN/PRES INIT TO AUGUST 2024	35.00	Highest	$135,530	$9,746	$145,276

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$446,766	$592,451	$3,980,595	$-145,685
2024	$32,207,240	$78,179,269	$11,475,149	$-45,972,029
2023	$64,312,260	$72,681,621	$107,534,814	$-8,369,361
2022	$68,449,867	$75,801,948	$118,667,361	$-7,352,081
2021	$73,061,139	$77,657,416	$134,382,382	$-4,596,277
2020	$70,037,004	$76,837,827	$137,934,491	$-6,800,823
2019	$73,840,992	$76,919,516	$143,964,578	$-3,078,524
2018	$71,577,320	$77,907,852	$145,113,441	$-6,330,532