LOURDES UNIVERSITY
Mission Statement
Lourdes University, rooted in Catholic and Franciscan traditions, provides a values-centered education that enriches lives and advances academic excellence through the integration of the liberal arts and professional studies. GUIDING PRINCIPLES In support of this mission, Lourdes University: Nurtures a diverse community that supports students in fulfilling their potential. Commits to the engagement of faith and reason, inspired by our Catholic and Franciscan intellectual traditions. Provides a holistic, student-centered education, rooted in the liberal arts that prepares individuals for meaningful careers and lifelong learning. Fosters personal integrity, ethical understanding, social responsibility, care for all of creation, and a commitment to community service. LEARNING OUTCOMES The Mission Statement, Guiding Principles, and our Core Franciscan Values express Lourdes' purpose and identity. To ensure the realization of this vision, Lourdes' has articulated observable and measurable learning outcomes. To be understood correctly and appreciated fully, the learning outcomes must be interpreted in light of the complete texts of the Mission, Guiding Principles and Core Franciscan Values. Lourdes University believes that a college education includes sufficient breadth in the liberal arts and sufficient depth in an area of specialization to prepare graduates who will be recognized as educated persons and prepared for meaningful work and/or graduate study. The learning outcomes describe the competencies graduates achieve through their life and study at Lourdes.
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
|
79.1% | 84.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
18.5% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.3% | 0.7% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
5607.7% | 631.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.3 mo | 10.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
45.8% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
73.9% | 87.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-8.2% | 4.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.2% | 8.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.9% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $37.0M | $42.5M | $22.3M | 79.1% | 609 |
| 2022 | $40.2M | $43.0M | $25.2M | 87.4% | 569 |
| 2021 | $38.6M | $41.2M | N/A | — | 569 |
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