OHIO DOMINICAN UNIVERSITY
Mission Statement
The Black & Gold Club is dedicated to providing financial support for intercollegiate athletics at Ohio Dominican University and helping Panther student- athletes, coaches and athletic department staff achieve success on and off the field of play. Membership is open to all individuals and organizations with a desire to contribute to the academic, athletic and personal growth of ODU student-athletes, while abiding by NCAA, GLIAC and ODU policies and principles. The support of alumni, parents, faculty, staff and friends of Ohio Dominican, as well as businesses and charitable foundations, is vital to build and sustain a competitive NCAA Division II athletic program which exhibits integrity and sportsmanship on campus, in the local community, and beyond.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.0% | 84.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.2% | 13.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.8% | 0.7% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
10632.1% | 631.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.6 mo | 10.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
72.5% | 34.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.9% | 87.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
5.3% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.1% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.4% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $48.2M | $50.3M | $19.3M | 86.0% | 546 |
| 2022 | $45.8M | $48.4M | $20.2M | 87.2% | 545 |
| 2021 | $50.1M | $47.3M | N/A | — | 619 |
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