FONTBONNE UNIVERSITY

🔒

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

Financial Trends

Organization Details

Formation Year

1923

Legal Domicile

Principal Officer

ANN SPALL

Phone

3148894586

Tax Period

2024-07-01 to 2025-06-30

FONTBONNE UNIVERSITY, founded in 1923, is a community nonprofit in the Education sector that reported $8.1M in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $18.8M exceeded revenue, resulting in a 132% operating deficit.

Mission

FONTBONNE UNIVERSITY IS A COEDUCATIONAL INSTITUTION OF HIGHER LEARNING DEDICATED TO THE DISCOVERY, UNDERSTANDING, PRESERVATION, AND DISSEMINATION OF TRUTH. FONTBONNE SEEKS TO EDUCATE STUDENTS TO THINK CRITICALLY, TO ACT ETHICALLY, AND TO ASSUME RESPONSIBILITY AS CITIZENS AND LEADERS. FONTBONNE OFFERS BOTH UNDERGRADUATE AND GRADUATE PROGRAMS IN AN ATMOSPHERE CHARACTERIZED BY INCLUSION, OPEN COMMUNICATION, AND PERSONAL CONCERN. THE UNDERGRADUATE PROGRAMS PROVIDE A SYNTHESIS OF LIBERAL AND PROFESSIONAL EDUCATION. AS A CATHOLIC UNIVERSITY FOUNDED BY THE SISTERS OF ST. JOSEPH OF CARONDELET, FONTBONNE IS ROOTED IN THE JUDEO-CHRISTIAN TRADITION.

Program Service Accomplishments

Program 1

Expenses: $15,762,831 Revenue: $6,280,188

FONTBONNE IS AN ACCREDITED UNIVERSITY THAT OFFERS UNDERGRADUATE, GRADUATE, AND DOCTORAL DEGREE PROGRAMS, WHICH ALSO PROVIDES AUXILIARY SERVICES SUCH AS DORMITORIES, DINING HALL AND A BOOK STORE FOR...

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,215,395

Program Service Revenue $6,280,188

Investment Income $599,874

Other Revenue $1,000

TOTAL REVENUE $8,096,457

Expense Breakdown

Grants Paid $3,329,177

Salaries & Benefits $8,932,256

Fundraising Expenses $582,113

Program Expenses $15,762,831

Other Expenses $6,495,661

TOTAL EXPENSES $18,757,094

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,096,457	$44,304,873	-0.8%
Expenses	$18,757,094	$37,983,020	-0.5%
Net Income	$-10,660,637	$6,321,853	-2.7%

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

Governance

Voting Members

Independent Members

Employees

442

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

$908,084

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN S GEDERA	CHAIRMAN	1.00	Director	$0	$0	$0
MARSHA BENNEY	TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA CLUNE CSJ	TRUSTEE	1.00	Director	$0	$0	$0
PAT COLEMAN	TRUSTEE	1.00	Director	$0	$0	$0
ROSEANNE COOK CSJ	TRUSTEE	1.00	Director	$0	$0	$0
JOANN DONOVAN	TRUSTEE	1.00	Director	$0	$0	$0
DOTTI FISCHER	TRUSTEE	1.00	Director	$0	$0	$0
ALLEN J GRIEVE CSJA	TRUSTEE	1.00	Director	$0	$0	$0
AMY HEREFORD CSJ	TRUSTEE	1.00	Director	$0	$0	$0
SANDRA G LEHRER	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN LENIHAN	TRUSTEE	1.00	Director	$0	$0	$0
ANNE MILLER	TRUSTEE	1.00	Director	$0	$0	$0
MARY ANN NESTEL CSJ	TRUSTEE	1.00	Director	$0	$0	$0
JULIANNE C NIEMANN	TRUSTEE	1.00	Director	$0	$0	$0
EILEEN PETITO	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN ABEL RAGEN	TRUSTEE	1.00	Director	$0	$0	$0
EVE RILEY	TRUSTEE	1.00	Director	$0	$0	$0
RITA SCHMITZ CSJ	TRUSTEE	1.00	Director	$0	$0	$0
BUZZ SZTUKOWSKI	TRUSTEE	1.00	Director	$0	$0	$0
LATOYA THOMPSON	TRUSTEE	1.00	Director	$0	$0	$0
MSGR MICHAEL TUREK	TRUSTEE	1.00	Director	$0	$0	$0
NANCY BLATTNER	PRESIDENT	40.00	Officer	$391,658	$45,577	$437,235
ADAM WEYHAUPT	EXECUTIVE VP AND PROVOST	40.00	Officer	$238,469	$60,824	$299,293
ANN SPALL	CFO/VP OF FINANCE & ADMIN	40.00	Officer	$140,778	$30,778	$171,556
GALE BORKOWSKI RICE	FACULTY	40.00	Highest	$108,875	$18,460	$127,335
MEAGHAN ONG	ASSOCIATE PROVOST AND REGISTRAR	40.00	Highest	$107,733	$45,348	$153,081
RAYMOND KARASEK	VP FOR OPERATIONS	40.00	Highest	$120,156	$45,807	$165,963

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	$8,096,457	$18,757,094	$14,698,283	$-10,660,637
2024	$44,304,873	$37,983,020	$27,203,496	$6,321,853
2023	$32,156,221	$36,977,822	$42,986,299	$-4,821,601
2022	$36,840,552	$34,939,671	$47,781,957	$1,900,881
2021	$38,582,206	$34,992,996	$54,325,059	$3,589,210
2020	$33,146,168	$36,327,397	$51,486,952	$-3,181,229
2019	$35,937,986	$37,890,144	$59,021,704	$-1,952,158
2018	$37,611,753	$38,928,030	$54,765,773	$-1,316,277