University of Saint Katherine

EIN: 272912448 501(c)(3) Education

San Marcos, CA

Total Revenue
$6,431,207
Total Expenses
$8,294,665
Total Assets
$6,517,769
Net Assets
$1,787
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Phone
7609431107
Tax Period
2022-07-01 to 2023-06-30

University of Saint Katherine, founded in 2010, is a community nonprofit in the Education sector that reported $6.4M in total revenue in fiscal year 2022. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $8.3M exceeded revenue, resulting in a 29% operating deficit.

Mission

To provide a balanced education in the liberal arts & sciences, founded and rooted in the life of the Orthodox Christian Tradition - inquiry seeking wisdom.

Program Service Accomplishments

Program 1
Expenses: $4,532,007 Revenue: $5,078,202

University of Saint Katherine's (USK) Athletic Program was created to inspire a diverse group of student-athletes in the developments of spirit, soul, and body through Christ-centered leadership...

Read more

University of Saint Katherine's (USK) Athletic Program was created to inspire a diverse group of student-athletes in the developments of spirit, soul, and body through Christ-centered leadership, integrated learning, and athletic excellence. USK received NAIA Full Membership in the Spring of 2019. We strive to meet all standards and regulations of the National Association of Intercollegiate Athletics (NAIA).

Program 2
Expenses: $2,535,549 Revenue: $1,053,383

USK is a regionally accredited undergraduate college of liberal arts and sciences that focuses its integrative, interdisciplinary teaching in the core areas of composition, English language and...

Read more

USK is a regionally accredited undergraduate college of liberal arts and sciences that focuses its integrative, interdisciplinary teaching in the core areas of composition, English language and literature, American government and history, economics, business, and the sciences as part of general education and instruction in concentration - specific degree requirements. Outstanding teaching and research - with relevance to the practical world and Christian witness as guiding principles - is our primary purpose - inquiry seeking wisdom. We aim to graduate creative and compassionate leaders. USK's enrollment for 2023 was 232. College programs encompass 19 degree-granting programs, as well as interdisciplinary collaborations, laboratories, and programs whose work cuts across traditional departmental boundaries. We realize these aims in a singularly collegial, interdisciplinary atmosphere, while educating outstanding students to become creative members of society. All students complete a six-semester interdisciplinary core, one semester of college algebra, one semester of introductory statistics and critical problem solving, two semesters of science, one semester of Orthodox Christian theology and one semester of New Testament.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $214,638
Program Service Revenue $6,131,585
Investment Income $486
Other Revenue $84,498
TOTAL REVENUE $6,431,207

Expense Breakdown

Grants Paid $2,424,325
Salaries & Benefits $3,106,539
Fundraising Expenses $23,475
Program Expenses $7,067,556
Other Expenses $2,763,801
TOTAL EXPENSES $8,294,665

Year-over-Year Comparison

2022 2021 Change
Revenue $6,431,207 $8,355,294 -0.2%
Expenses $8,294,665 $8,566,934 0.0%
Net Income $-1,863,458 $-211,640 +7.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
163
Volunteers
14

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
4
$140,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Trustee/Chair Audit & Finance Committee (treasurer) 1.0
Officer Director
$0 $0 $0
N/A Chairman of the board 1.0
Officer Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A CFO 10.0
Officer
$0 $0 $0
N/A President/Interm Secretary 40.0
Officer
$140,000 $0 $140,000
N/A Chief Operating Officer / VP of Enrollment Mgmt 40.0
Highest
$109,472 $0 $109,472
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
2023 $6,431,207 $8,294,665 $6,517,769 $-1,863,458
2022 $8,355,294 $8,566,934 $2,332,105 $-211,640
2021 $4,321,760 $3,945,197 $2,802,140 $376,563
2020 $7,308,220 $6,595,129 $1,906,305 $713,091
2019 $3,638,361 $3,647,707 $1,729,858 $-9,346
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare University of Saint Katherine with other nonprofits in California and across the country.