DOMINICAN UNIVERSITY OF CALIFORNIA

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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

1890

Legal Domicile

Principal Officer

NICOLA PITCHFORD

Phone

4154574440

Tax Period

2024-07-01 to 2025-06-30

DOMINICAN UNIVERSITY OF CALIFORNIA, founded in 1890, is a mid-sized nonprofit in the Education sector that reported $91.9M in total revenue in fiscal year 2024.

Mission

OUR INSTITUTIONAL MISSION IS TO EDUCATE AND PREPARE STUDENTS TO BE ETHICAL LEADERS AND SOCIALLY RESPONSIBLE GLOBAL CITIZENS WHO INCORPORATE THE DOMINICAN VALUES OF STUDY, REFLECTION, COMMUNITY AND SERVICE INTO THEIR LIVES.

Program Service Accomplishments

Program 1

Expenses: $78,182,197 Revenue: $83,823,712

THE UNIVERSITY PROVIDES ADVANCED EDUCATIONAL SERVICES TO APPROXIMATELY 1,857 UNDERGRADUATE AND GRADUATE STUDENTS. DOMINICAN IS RANKED AMONG THE TOP 16 IN BEST VALUE SCHOOLS - REGIONAL UNIVERSITIES...

THE UNIVERSITY PROVIDES ADVANCED EDUCATIONAL SERVICES TO APPROXIMATELY 1,857 UNDERGRADUATE AND GRADUATE STUDENTS. DOMINICAN IS RANKED AMONG THE TOP 16 IN BEST VALUE SCHOOLS - REGIONAL UNIVERSITIES (WEST). NEWS & WORLD REPORT, LISTED 174 OUT OF 3,410 INSTITUTIONS NATIONWIDE FOR PROVIDING THE HIGHEST RETURN ON INVESTMENT TO LOW-INCOME STUDENTS (GEORGETOWN UNIVERSITY CENTER ON EDUCATION AND THE WORKFORCE, 2022). IN THE SAME STUDY, DOMINICAN RANKED 9 OF 43 PRIVATE, NONPROFIT UNDERGRADUATE INSTITUTIONS IN CALIFORNIA. DOMINICAN RANKED 5TH FOR BEST VALUE COLLEGES IN THE SAN FRANCISCO BAY AREA IN 2023 BY NICHE.

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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 $6,769,674

Program Service Revenue $83,823,712

Investment Income $1,063,159

Other Revenue $289,908

TOTAL REVENUE $91,946,453

Expense Breakdown

Grants Paid $31,492,956

Salaries & Benefits $40,572,546

Fundraising Expenses $1,567,587

Program Expenses $78,182,197

Other Expenses $22,504,954

TOTAL EXPENSES $94,570,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$91,946,453	$94,379,323	0.0%
Expenses	$94,570,456	$96,553,232	0.0%
Net Income	$-2,624,003	$-2,173,909	+0.2%

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

1040

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

$769,811

Total Directors

$515,883

Key Employees

$538,722

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLA PITCHFORD	PRESIDENT	40.00	Officer Director	$261,812	$254,071	$515,883
DARRYL PAGE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ROSEMARY MORGAN	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
SR ABBY NEWTON	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
DEIRDRE HOCKETT	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
CAROLYN KLEBANOFF	BOARD CHAIR (THRU 05/25)	1.00	Officer Director	$0	$0	$0
SR MARGARET DIENER	BOARD SECRETARY (THRU 05/25)	1.00	Officer Director	$0	$0	$0
ALAN AL GUSKIN	TRUSTEE	1.00	Director	$0	$0	$0
ANN MATHIESON	TRUSTEE	1.00	Director	$0	$0	$0
BERNARD BARNEY MIZEL	TRUSTEE	1.00	Director	$0	$0	$0
JAMES JAMIE FERRARE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN WRIGHT	TRUSTEE	1.00	Director	$0	$0	$0
KATHERINE KATIE BUXTON BENOUAR	TRUSTEE	1.00	Director	$0	$0	$0
MARY JANE BURKE	TRUSTEE	1.00	Director	$0	$0	$0
PEPE GONZALEZ	TRUSTEE	1.00	Director	$0	$0	$0
ROB CONNOLLY	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT STILES	TRUSTEE	1.00	Director	$0	$0	$0
RODNEY PECK	TRUSTEE	1.00	Director	$0	$0	$0
SAL CHAVEZ	TRUSTEE	1.00	Director	$0	$0	$0
SHAMS VAZIRI	TRUSTEE	1.00	Director	$0	$0	$0
SU-MOON PAIK	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS JUNG	TRUSTEE	1.00	Director	$0	$0	$0
WENDY TONKIN	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT P MADDOW	TRUSTEE (THRU 05/25)	1.00	Director	$0	$0	$0
DENISE WANG-KLINE	TRUSTEE (THRU 05/25)	1.00	Director	$0	$0	$0
ANDY MATHIESON	TRUSTEE (THRU 05/25)	1.00	Director	$0	$0	$0
SHERRY MICHELLE RUMOLD WANGENHEIM	VICE PRESIDENT FOR FINANCE AND ADMINISTRATION	40.00	Officer	$213,993	$39,935	$253,928
MOJGAN BEHMAN	VP OF ACADEMIC AFFAIRS & DEAN OF FACULTY	40.00	Key Emp	$247,709	$30,928	$278,637
PAUL RACCANELLO	VP OF STUDENT AFFAIRS & ENROLLMENT	40.00	Key Emp	$219,750	$40,335	$260,085
YUNG-JAE LEE	DEAN OF BUSINESS SCHOOL	40.00	Highest	$305,292	$41,771	$347,063
RAJEEV SOOREEA	ASSOCIATE DEAN BAROWSKY SCHOOL OF BUSINESS	40.00	Highest	$194,674	$33,859	$228,533
JACOB A MASSOUD	FACULTY	40.00	Highest	$217,484	$25,070	$242,554
KYMBERLY L SNEAD	VICE PRESIDENT FOR FINANCE AND ADMINISTRATION	40.00	Highest	$266,544	$39,787	$306,331
GULRIZ GOKCEK	ASSOCIATE VP FOR ACADEMIC AFFAIRS & DEAN SCHOOL OF	40.00	Highest	$188,208	$14,883	$203,091

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	$91,946,453	$94,570,456	$114,218,384	$-2,624,003
2024	No data	No data	No data	No data
2023	$90,236,499	$92,147,847	$119,464,580	$-1,911,348
2022	$92,655,131	$92,588,431	$118,721,210	$66,700
2021	$77,890,754	$84,926,412	$123,175,077	$-7,035,658
2020	$85,037,820	$86,671,346	$120,936,382	$-1,633,526
2019	$83,550,351	$86,319,842	$126,957,862	$-2,769,491
2018	$80,361,254	$82,068,660	$138,339,214	$-1,707,406