Cabrini University FY2021 filing

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Catholic institution of higher education dedicated to academic excellence, leadership development, and a commitment to social justice.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$1.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $12.2M a year · 24% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $46.8M in investments, Pt X · Ln 11–13
Fine: 0.4 months of spending in cash, plus $46.8M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$59.6M
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 22 voting members
Looks good: 21 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$73.1M
+4% vs prior year
Spent
$77.7M
To programs
76%
Net assets
$74.8M
By yearFY2020–FY2025
Revenue
$73.1M
FY2021▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$70.0M
FY2021$73.1M
FY2022$68.4M
FY2023$64.3M
FY2024$32.2M
FY2025$447K
Expenses
$77.7M
FY2021▲ +1%
Tap a bar for its year
Expenses by fiscal year
FY2020$76.8M
FY2021$77.7M
FY2022$75.8M
FY2023$72.7M
FY2024$78.2M
FY2025$592K
Net assets
$74.8M
FY2021▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$71.6M
FY2021$74.8M
FY2022$62.2M
FY2023$54.0M
FY2024$1.7M
FY2025$1.6M

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1946.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $59.2M Management & general 22% · $16.9M Fundraising 2% · $1.6M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

30 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$305,084Pt VII · Sec A
VP Academic Affairs
$197,517Pt VII · Sec A
Chief of Staff, VP Comm Dev/Ext Rel
$192,028Pt VII · Sec A
Treasurer and VP Finance/Admin
$171,774Pt VII · Sec A
VP Institutional Advancement
$168,204Pt VII · Sec A
VP Enrollment Management
$165,923Pt VII · Sec A
VP Student Life
$145,595Pt VII · Sec A
Professor
$143,112Pt VII · Sec A

Helen Drinan’s $330K as Interim President to August 2024 is at the 100th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Donald Taylor—————$354,385
Helen Drinan$330,000$325,000$178,750———
Dr Donald Taylor——$222,543$325,545$305,084—
Brian Eury—$133,875$201,768$194,535$192,028$182,479
Chioma Ugochukwu——$194,530$194,505$197,517$189,766
Stephen Highsmith——$178,036$164,596$168,204—
Angela Campbell—$161,018$175,707———
Eric Olson———$173,811$171,774$175,404

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cabrini University executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students for academic excellence, leadership, and social justice.

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3 programs · $59.2M · in their own filed words · FY2020
01

Instruction

Cabrini offers more than 38 academic majors, several pre-professional programs and concentrations, 39 minors and nine teacher certifications to undergraduate students. The university also offers graduate, doctoral, and professional programs in face-to-face, on-line, hyflex and hybrid modalities.

$42.9Mprogram expense
02

Auxiliary Enterprises

Auxiliary services include a diverse group of internal units, including residence life, and food services. The college had 745 full time undergraduate residents in the fall 2020.

$8.7Mprogram expense
03

Academic Support and Student Services

Founded in 1957 by the missionary sisters of the sacred heart of jesus (MSC) as cabrini college, the institution became cabrini university on july 1, 2016. The changeover also marked the implementation of new academic centers for dedicated research and scholarship in the areas of domestic violence, immigration, global learning, and urban…

$7.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 25 grants · $138.8M · 2019–2023
Villanova UniversityPA · FY2023$19,278,750
Unitemized GrantFY2023$13,514,634
White Plains Medical CenterNY · FY2023$217,659
Merion Mercy AcademyFY2023$69,718
Marist UniversityNY · FY2023$61,564
Ursinus CollegePA · FY2023$50,000
Project Safe INCOK · FY2023$50,000
Laurel HousePA · FY2023$50,000
Mission Kids CommunityCA · FY2023$40,000
Niagara UniversityNY · FY2023$25,000
Vassar CollegeNY · FY2023$24,038
See all 25 grants →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2024 · $7.9M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$5.1M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$1.4M
English Language Acquisition State GrantsDepartment of Education · ALN 84.365 · Direct$870K
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$220K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$184K

Plus 5 smaller programs.

The auditor reported 17 findings: a weakness in money controls, questioned costs.

Year ending Jun 2023 · $14.0M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$9.8M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.2M
English Language Acquisition State GrantsDepartment of Education · ALN 84.365 · Direct$987K
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$517K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$184K

Plus 7 smaller programs.

The auditor reported 24 findings: doubt the group can keep going, a weakness in money controls, questioned costs.

Year ending Jun 2022 · $20.4M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$11.2M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$5.4M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.5M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$625K
English Language Acquisition State GrantsDepartment of Education · ALN 84.365 · Direct$236K

Plus 7 smaller programs.

The auditor reported 4 findings: a weakness in money controls, questioned costs.

Year ending Jun 2021 · $20.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$12.6M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$3.2M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.9M
Federal Perkins Loan ProgramDepartment of Education · ALN 84.038 · Direct$710K
Education and Human ResourcesNational Science Foundation · ALN 47.076 · Direct$174K

Plus 7 smaller programs.

The auditor reported 18 findings: a weakness in money controls, questioned costs.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$73.1M
Ln 12
Fees for servicesLn 2g$61.4M
Other incomeLn 4–11$4.9M
Gifts and grantsLn 1h$4.3M
Money outPt IX
$77.7M
Ln 25
Programscol B$59.2M
Managementcol C$16.9M
Fundraisingcol D$1.6M
Owns and owesPt X
$74.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.4M
Total assetsLn 16$134.4M
LiabilitiesLn 26$59.6M
PeoplePt VI, VII
30
listed · VII A
PaidVII A9
Voting boardVI 1a22
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.3M
Government grantsLn 1e$3.1M
Noncash giftsLn 1g$182K
Fundraising eventsLn 1c$241K
Fees for servicesLn 2g$61.4M
Investment incomeLn 3$2.4M
Other incomeLn 4–11$4.9M
Gains on assetsLn 7$1.6M
Total revenueLn 12$73.1M
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$2.4M
Pledges and grants receivableLn 3$727K
Accounts receivableLn 4$4.3M
Inventories for sale or useLn 8$104K
Prepaid expenses and deferred chargesLn 9$696K
Land, buildings, equipmentLn 10c$77.0M
InvestmentsLn 11–13$46.8M
Other assetsLn 15$2.4M
Total assetsLn 16$134.4M
LiabilitiesLn 26$59.6M
Net assetsLn 32$74.8M
OperationsPt I, VI
EmployeesI 5733
VolunteersI 625
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$50.3M
Bond issues listedSch K Pt I1
Raised by those issuesSch K Pt I$53.0M
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$182K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$166K
Share of the $48.0M endowmentSch D 1g0.34%
Typical, median of 1,806 orgs0.44%
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$48.0M$42.0M$43.8M$46.4M$46.4M
Given inLn 1b$121K$123K$1.2M$1.6M$390K
SpentLn 1d–1f$4.1M$2.7M$6.2M$4.6M$1.7M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$12.7M$2.4M
InvestmentsLn 11–13$35.8M$46.8M
Land, buildings, equipmentLn 10c$80.1M$77.0M
Total assetsLn 16$137.9M$134.4M
LiabilitiesLn 26$66.3M$59.6M
Net assetsLn 32$71.6M$74.8M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$27.2M$27.2M
Pay of current officers, directors and key staffLn 5$981K$981K
Other salaries and wagesLn 7$20.2M$13.5M$6.0M$797K
Pension plan contributionsLn 8$964K$625K$294K$45K
Other employee benefitsLn 9$3.8M$2.3M$1.3M$178K
Payroll taxesLn 10$1.5M$973K$428K$54K
Legal feesLn 11b$166K$166K
Accounting feesLn 11c$80K$80K
Lobbying feesLn 11d$2K$2K
Professional fundraising feesLn 11e$92K$92K
Investment management feesLn 11f$166K$163K$2K
Other fees for servicesLn 11g$2.7M$1.7M$1.0M$13K
Advertising and promotionLn 12$943K$724$942K$22
Office expensesLn 13$1.5M$331K$1.1M$73K
Information technologyLn 14$2.8M$1.4M$1.4M$41K
OccupancyLn 16$1.9M$1.5M$310K$15K
TravelLn 17$253K$189K$21K$43K
Conferences, conventions and meetingsLn 19$90K$69K$17K$3K
InterestLn 20$2.1M$1.9M$202K$21K
Depreciation, depletion and amortizationLn 22$5.3M$3.9M$1.3M$100K
InsuranceLn 23$628K$628K
Other expenses (24a–d)Ln 24$3.9M$3.6M$322K$11K
All other expensesLn 24e$282K$100K$98K$84K
Total functional expensesLn 25$77.7M$59.2M$16.9M$1.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 17, 2025 $447K$592K−$146K$1.6M 990 PDF
FY2024Filed with the IRS Feb 7, 2025 $32.2M$78.2M−$46.0M$1.7M 990 PDF
FY2023Filed with the IRS May 8, 2024 $64.3M$72.7M−$8.4M$54.0M 990 PDF
FY2022 $68.4M$75.8M−$7.4M$62.2M 990 PDF
FY2021 ViewingFiled with the IRS Mar 14, 2022 $73.1M$77.7M−$4.6M$74.8M 990 PDF
FY2020Filed with the IRS Mar 3, 2021 $70.0M$76.8M−$6.8M$71.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $73,061,139 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,482,676$4,297,780
I-9 Program service revenuePrior year $62,572,710$61,443,870
I-10 Investment incomePrior year $293,527$2,383,127
I-11 Other revenuePrior year $688,091$4,936,362
I-12 Total revenuePrior year $70,037,004$73,061,139
I-13 Grants and similar amounts paidPrior year $27,244,207$27,215,054
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $25,838,130$27,429,301
I-16a Professional fundraising feesPrior year $135,318$91,750
I-17 Other expensesPrior year $23,620,172$22,921,311
I-18 Total expensesPrior year $76,837,827$77,657,416
I-19 Revenue less expensesPrior year −$6,800,823−$4,596,277
Part VI · Governance 21 of 22 board members independent, no flags
VI-1a Voting members of the governing body22
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $73,061,139 across 12 lines filed
Lines not itemized here account for $318,308 of total revenue; see the IRS return.
VIII-1c Fundraising events$240,914
VIII-1e Government grants$3,122,189
VIII-1f All other contributions, gifts and grants$934,677
VIII-1g Noncash contributions (included above)$181,903
VIII-1h Total contributions, gifts and grants$4,297,780
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $61,443,870$61,443,870
VIII-3 Investment incomeExcluded from tax $805,285$805,285
VIII-6 Net rental income or lossUnrelated business $2,101 · Excluded from tax $5,155$7,256
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,577,842$1,577,842
VIII-8 Net income from fundraising eventsExcluded from tax −$56,709−$56,709
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,667,507$4,667,507
VIII-12 Total revenueRelated to mission $61,443,870 · Unrelated business $7,613 · Excluded from tax $7,311,876$73,061,139
Part IX · Statement of functional expenses $77,657,416 across 23 lines filed
IX-2 Grants to domestic individualsPrograms $27,215,054$27,215,054
IX-5 Pay of current officers, directors and key staffManagement $981,236$981,236
IX-7 Other salaries and wagesPrograms $13,461,776 · Management $5,990,343 · Fundraising $796,507$20,248,626
IX-8 Pension plan contributionsPrograms $625,228 · Management $293,853 · Fundraising $45,199$964,280
IX-9 Other employee benefitsPrograms $2,273,489 · Management $1,328,968 · Fundraising $178,127$3,780,584
IX-10 Payroll taxesPrograms $973,046 · Management $427,606 · Fundraising $53,923$1,454,575
IX-11b Legal feesManagement $166,204$166,204
IX-11c Accounting feesManagement $80,425$80,425
IX-11d Lobbying feesManagement $2,132$2,132
IX-11e Professional fundraising feesFundraising $91,750$91,750
IX-11f Investment management feesManagement $163,388 · Fundraising $2,185$165,573
IX-11g Other fees for servicesPrograms $1,662,012 · Management $1,018,855 · Fundraising $12,795$2,693,662
IX-12 Advertising and promotionPrograms $724 · Management $941,956 · Fundraising $22$942,702
IX-13 Office expensesPrograms $331,137 · Management $1,122,752 · Fundraising $72,662$1,526,551
IX-14 Information technologyPrograms $1,358,850 · Management $1,431,377 · Fundraising $41,387$2,831,614
IX-16 OccupancyPrograms $1,536,004 · Management $309,897 · Fundraising $15,002$1,860,903
IX-17 TravelPrograms $189,245 · Management $20,647 · Fundraising $42,847$252,739
IX-19 Conferences, conventions and meetingsPrograms $69,441 · Management $17,450 · Fundraising $2,720$89,611
IX-20 InterestPrograms $1,905,935 · Management $201,868 · Fundraising $21,292$2,129,095
IX-22 Depreciation, depletion and amortizationPrograms $3,904,236 · Management $1,329,971 · Fundraising $100,237$5,334,444
IX-23 InsuranceManagement $627,783$627,783
IX-24 Other expenses (24a–d)Programs $3,603,771 · Management $321,637 · Fundraising $10,571$3,935,979
IX-24e All other expensesPrograms $100,107 · Management $98,199 · Fundraising $83,588$281,894
IX-25 Total functional expensesPrograms $59,210,055 · Management $16,876,547 · Fundraising $1,570,814$77,657,416
Part X · Balance sheet $134,382,382 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $6,720,638$1,272,642
X-2 Savings and temporary cash investmentsStart of year $5,975,992$1,095,314
X-3 Pledges and grants receivableStart of year $1,345,909$727,144
X-4 Accounts receivableStart of year $4,029,231$4,250,206
X-8 Inventories for sale or useStart of year $90,618$104,223
X-9 Prepaid expenses and deferred chargesStart of year $652,900$696,050
X-10c Land, buildings and equipment, netStart of year $80,148,319$76,950,556
X-11 Publicly traded securitiesStart of year $35,052,730$46,223,958
X-13 Program-related investmentsStart of year $709,827$624,644
X-15 Other assetsStart of year $3,208,327$2,437,645
X-16 Total assetsStart of year $137,934,491$134,382,382
X-17 Accounts payable and accrued expensesStart of year $7,272,856$5,445,828
X-19 Deferred revenueStart of year $1,737,989$2,495,001
X-20 Tax-exempt bond liabilitiesStart of year $51,387,990$50,348,634
X-25 Other liabilitiesStart of year $5,895,919$1,269,252
X-26 Total liabilitiesStart of year $66,294,754$59,558,715
X-27 Net assets without donor restrictionsStart of year $24,851,953$45,868,933
X-28 Net assets with donor restrictionsStart of year $46,787,784$28,954,734
X-32 Total net assets or fund balancesStart of year $71,639,737$74,823,667
X-33 Total liabilities and net assetsStart of year $137,934,491$134,382,382
Part XI · Reconciliation of net assets $74,823,667 net assets at year end
XI-1 Total revenue$73,061,139
XI-2 Total expenses$77,657,416
XI-3 Revenue less expenses−$4,596,277
XI-4 Net assets at start of year$71,639,737
XI-5 Net unrealized gains (losses) on investments$7,780,207
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$74,823,667

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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