HASTINGS COLLEGE

EIN: 470376525 501(c)(3) Education

HASTINGS, NE

Total Revenue
$68,868,111
Total Expenses
$57,120,531
Total Assets
$167,088,563
Net Assets
$137,876,811
🔒

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
1882
Legal Domicile
NE
Principal Officer
STEPHANIE OURADA
Phone
4024632402
Tax Period
2023-07-01 to 2024-06-30

HASTINGS COLLEGE, founded in 1882, is a mid-sized nonprofit in the Education sector that reported $68.9M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.7M, a strong 17% operating margin.

Mission

HASTINGS COLLEGE IS A PRIVATE, CO-EDUCATION, RESIDENTIAL, LIBERAL ARTS COLLEGE FOUNDED IN 1882.

Program Service Accomplishments

Program 1
Expenses: $54,321,831 Revenue: $43,320,968

FOUNDED IN 1882, HASTINGS COLLEGE IS A FOUR-YEAR, PRIVATE, LIBERAL ARTS COLLEGE IN HASTINGS, NEBRASKA. THE COLLEGE SITS ON 120 ACRES WITH MORE THAN 40 ACADEMIC, RESIDENTIAL, AND ATHLETIC BUILDINGS...

Read more

FOUNDED IN 1882, HASTINGS COLLEGE IS A FOUR-YEAR, PRIVATE, LIBERAL ARTS COLLEGE IN HASTINGS, NEBRASKA. THE COLLEGE SITS ON 120 ACRES WITH MORE THAN 40 ACADEMIC, RESIDENTIAL, AND ATHLETIC BUILDINGS; ENROLLS 916 STUDENTS FROM 37 STATES AND 21 FOREIGN COUNTRIES; AND IS FULLY ACCREDITED BY THE HIGHER LEARNING COMMISSION. HASTINGS COLLEGE OPERATES ON A MODIFIED BLOCK SCHEDULE TO PROVIDE MORE INTENSIVE LEARNING INTERACTIONS BETWEEN STUDENTS AND FACULTY. GRADUATION REQUIREMENTS INCLUDE COMPLETION OF 120 HOURS OF CREDITS.HASTINGS COLLEGE STRIVES TO PROVIDE THE HIGHEST QUALITY LIBERAL ARTS EDUCATION FOR ITS STUDENTS WHILE SERVING AS AN IMPORTANT EDUCATIONAL AND CULTURAL CENTER FOR THE HASTINGS COMMUNITY AND SOUTH CENTRAL NEBRASKA. ITS MISSION IS AS FOLLOWS: "FORMED THROUGH EXCEPTIONAL TEACHING, DELIBERATE MENTORING, WELCOMING AND PARTICIPATORY COMMUNITY, HASTINGS COLLEGE SENDS FORTH CREATIVE, CURIOUS, CARING STUDENTS WHO THRIVE AS CITIZENS AND LEADERS OF THEIR LOCAL AND GLOBAL COMMUNITIES."HASTINGS COLLEGE OFFERS MORE THAN 40 ACADEMIC MAJORS AND 14 PRE-PROFESSIONAL PROGRAMS AND BESTOWS BACHELOR OF ARTS, BACHELOR OF MUSIC, AND MASTER OF ARTS IN TEACHING DEGREES. THE TOP PRIMARY MAJORS OF FULL-TIME STUDENTS ARE BUSINESS ADMINISTRATION, EXERCISE SCIENCE, BIOLOGY, HEALTH SYSTEMS, AND WILDLIFE BIOLOGY. WITH A STUDENT-TO-FACULTY RATIO OF 13-TO-1, THE COLLEGE OFFERS ITS STUDENTS PERSONALIZED CONTACT WITH DEDICATED PROFESSORS FROM SOME OF THE NATION'S TOP GRADUATE PROGRAMS. EIGHTY-FIVE PERCENT OF FULL-TIME FACULTY HAVE A DOCTORATE OR OTHER TERMINAL DEGREE.IN RECENT YEARS, HASTINGS COLLEGE HAS DEVELOPED IMPORTANT WORKFORCE PARTNERSHIPS, ENHANCED ITS CAMPUS FACILITIES, AND SECURED SIGNIFICANT SUPPORT FROM TRUSTEES, ALUMNI, AND FOUNDATIONS. IN 2023, HASTINGS COLLEGE, BRYAN COLLEGE OF HEALTH SCIENCES, AND MARY LANNING HEALTHCARE OPENED THE LINDA AND TIM DAUGHERTY EDUCATIONAL CENTER FOR HEALTH PROFESSIONS AT MARY LANNING'S NEW MEDICAL OFFICE BUILDING. THE 15,000-SQUARE-FOOT CENTER, WHICH CONTAINS CLASSROOMS, SKILLS LABORATORY, AND SIMULATION CENTER, SERVES STUDENTS ENROLLED IN THE BACHELOR OF SCIENCE IN NURSING PROGRAM WHO TAKE SCIENCE AND GENERAL EDUCATION COURSES AT HASTINGS COLLEGE AND LIVE IN CAMPUS RESIDENCE HALLS. THIS WORKFORCE CATALYST ADDRESSES THIS REGION'S CRITICAL NEED FOR MORE REGISTERED NURSES WHILE INCREASING HASTINGS COLLEGE'S NET TUITION REVENUE AND STUDENT HOUSING OCCUPANCY. IN PARTNERSHIP WITH THE SUZANNE AND WALTER SCOTT FOUNDATION AND SCOTT RESIDENTIAL MANAGEMENT (SRM), HASTINGS COLLEGE LAUNCHED THE FIRST PHASE OF AN AMBITIOUS PLAN TO IMPROVE RESIDENTIAL INFRASTRUCTURE. IN SUMMER 2024, SRM UPGRADED TWO BRONCO VILLAGE APARTMENTS (BVA) WITH KITCHEN UPDATES AND NEW FURNISHINGS AND THREE RESIDENCE HALLS (ALTMAN, BRONC, AND TAYLOR) WITH COMMON SPACE IMPROVEMENTS. OVER THE NEXT TWO SUMMERS, SRM WILL UPGRADE THE REMAINING FOUR BVA APARTMENTS. IN OCTOBER 2024, THE PARTNERS BROKE GROUND ON A 322-BED, 136,000-SQUARE-FOOT RESIDENCE HALL CALLED "THE 1882" IN HONOR OF THE COLLEGE'S FOUNDING YEAR. THE FOUR-STORY, U-SHAPED BUILDING, SCHEDULED TO OPEN IN FALL 2026, WILL FEATURE FOUR- AND TWO-BEDROOM UNITS AND STUDIO-STYLE ROOMS, AS WELL AS WORKOUT SPACE, CENTER COURTYARD, AND AMENITIES OPEN TO ALL STUDENTS. IN COORDINATION WITH CENTRAL COMMUNITY COLLEGE, HASTINGS COLLEGE WILL OFFER TWO NEW MAJORS PREPARING EDUCATION GRADUATES TO TEACH CAREER-READY COURSES IN NEBRASKA'S HIGH SCHOOLS. AGRICULTURAL EDUCATION GRADUATES WILL TEACH COURSES IN AGRICULTURE, FOOD, AND NATURAL RESOURCES. SKILLED AND TECHNICAL SCIENCES MAJORS WILL TEACH IN ARCHITECTURE AND CONSTRUCTION; ENERGY AND ENGINEERING; MANUFACTURING; AND TRANSPORTATION, DISTRIBUTION, AND LOGISTICS. THE DEPARTMENT OF EDUCATION HAS DESIGNATED "CAREER AND TECHNICAL EDUCATION" A TEACHER SHORTAGE AREA IN NEBRASKA. IN 2024, HASTINGS COLLEGE RECEIVED AN ESTATE GIFT OF MORE THAN $9 MILLION, THE LARGEST GIFT IN COLLEGE HISTORY, FROM ED OSTERMAN, AN ALUMNUS FROM CENTRAL CITY WHO DIRECTED HIS ESTATE TO DEFERRED MAINTENANCE NEEDS.HASTINGS COLLEGE IS DEEPLY ENTRENCHED IN THE LOCAL COMMUNITY AND HIGHLY REGARDED FOR ITS EDUCATIONAL AND CULTURAL PROGRAMS, MANY OF WHICH ARE FREE AND OPEN TO THE PUBLIC. THESE INCLUDE GUEST LECTURES AND SYMPOSIA, CONCERTS AND RECITALS, ART EXHIBITS, AND THEATER PRODUCTIONS. STUDENTS, FACULTY, AND STAFF ARE ACTIVE IN THE COMMUNITY AS CIVIC LEADERS AND VOLUNTEERS. IN RECOGNITION OF STUDENTS' COMMUNITY SERVICE, HASTINGS COLLEGE OFFERS A SERVICE LEARNING CERTIFICATE FOR STUDENTS WISHING TO ALIGN THEIR SERVICE WORK WITH ACADEMIC REFLECTION AND INTELLECTUAL INQUIRY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $22,770,556
Program Service Revenue $41,798,911
Investment Income $2,771,723
Other Revenue $1,526,921
TOTAL REVENUE $68,868,111

Expense Breakdown

Grants Paid $23,570,678
Salaries & Benefits $13,946,434
Fundraising Expenses $1,007,997
Program Expenses $54,321,831
Other Expenses $19,603,419
TOTAL EXPENSES $57,120,531

Year-over-Year Comparison

2023 2022 Change
Revenue $68,868,111 $54,300,266 +0.3%
Expenses $57,120,531 $52,676,348 +0.1%
Net Income $11,747,580 $1,623,918 +6.2%
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
24
Independent Members
24
Employees
574
Volunteers
26

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
5
$183,440
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX EISELE TRUSTEE (END 10/2024) 1.00
Director
$0 $0 $0
ANN MARTIN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ATL MARTINEZ TRUSTEE 1.00
Director
$0 $0 $0
CARMEN MAURER TRUSTEE 1.00
Director
$0 $0 $0
CATHY PEETZ TRUSTEE 1.00
Director
$0 $0 $0
DANETTE ANDLEY TRUSTEE 1.00
Director
$0 $0 $0
GARY FREEMAN TRUSTEE 1.00
Director
$0 $0 $0
GLEN MOSS TRUSTEE 1.00
Director
$0 $0 $0
GREG ALLEN-PICKETT TRUSTEE 1.00
Director
$0 $0 $0
HAROLD DITTMER TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER ERICKSON BAAK TRUSTEE 1.00
Director
$0 $0 $0
JEREMY ARENSDORF TRUSTEE 1.00
Director
$0 $0 $0
JESSICA MEESKE TRUSTEE 1.00
Director
$0 $0 $0
JILL FARRELL TRUSTEE 1.00
Director
$0 $0 $0
JILLIAN FICKENSCHER TRUSTEE 1.00
Director
$0 $0 $0
JOHN DEBOER BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOHN HEWITT TRUSTEE (START 7/2024) 1.00
Director
$0 $0 $0
JUSTIN OSBORNE TRUSTEE 1.00
Director
$0 $0 $0
KIM DINSDALE TRUSTEE 1.00
Director
$0 $0 $0
MARCY LUTH TRUSTEE 1.00
Director
$0 $0 $0
PAUL KRIEGER TRUSTEE 1.00
Director
$0 $0 $0
RICHARD LOUTZENHEISER TRUSTEE 1.00
Director
$0 $0 $0
ROB ANDREWS TRUSTEE 1.00
Director
$0 $0 $0
SCOTT DEBOER TRUSTEE (END 3/2024) 1.00
Director
$0 $0 $0
VINCE COOK BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
WILLIAM BARRETT TRUSTEE 1.00
Director
$0 $0 $0
RICHARD LLOYD EXECUTIVE PRESIDENT 32.00
Officer
$0 $0 $0
STEPHANIE OURADA CHIEF FINANCIAL OFFICER 40.00
Officer
$164,784 $18,656 $183,440
ANNETTE VARGAS VP- STUDENT ACCESS/ENROLLMENT 40.00
Highest
$123,045 $6,149 $129,194
CHELSEA LEMAR FOUNDATION EXECUTIVE DIRECTOR 0.00
Highest
$122,750 $15,670 $138,420
CHRISTOPHER CLEMENTS ATHLETIC DIRECTOR 40.00
Highest
$102,275 $21,659 $123,934
KITTIE GRACE ASSOC DEAN/ACADEMIC AFFAIRS 40.00
Highest
$103,318 $4,757 $108,075
PATRICIA KINGSLEY CHIEF INFORMATION OFFICER 40.00
Highest
$100,899 $15,172 $116,071
MICHAEL KARLOFF FORMER - VP - FOUNDATION 10.00
$151,083 $13,457 $164,540
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 No data No data No data No data
2024 $68,868,111 $57,120,531 $167,088,563 $11,747,580
2023 $54,300,266 $52,676,348 $147,958,834 $1,623,918
2022 $59,370,727 $51,261,634 $144,552,590 $8,109,093
2021 $47,033,003 $47,234,698 $158,855,744 $-201,695
2020 $43,449,544 $50,014,190 $143,485,643 $-6,564,646
2019 $43,155,294 $47,238,644 $147,459,087 $-4,083,350
2018 $45,781,007 $48,765,730 $145,567,218 $-2,984,723
Explore More Nonprofits
Top 100 Nonprofits in Nebraska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HASTINGS COLLEGE with other nonprofits in Nebraska and across the country.