PRESIDENT-BOARD OF TRUSTEES SANTA CLARA COLLEGE
Mission Statement
The LEAD Scholars Program is a program for first-generation college students (students whose parents did not graduate from a 4-year college or university) focused on academic success and community engagement. The LEAD Scholars Program provides academic and vocational development opportunities, holistic advising, peer mentoring, and community building through a variety of courses, programs, and support networks. For most students, participation in the LEAD Scholars Program begins in their first year at SCU to ensure a smooth transition into SCU from their previous high school or higher education institution. The program continues through senior year by supporting students' vocational development and connecting them to internships, study abroad, graduate school and leadership opportunities.
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
|
86.8% | 87.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.0% | 10.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.2% | 1.3% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1501.7% | 4415.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
45.6 mo | 20.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.8% | 27.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.7% | 84.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-15.6% | -2.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.0% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.9% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $622.0M | $604.0M | $2294.7M | 86.8% | 5242 |
| 2022 | $737.4M | $564.5M | $2279.9M | 86.2% | 4492 |
| 2021 | $628.1M | $493.0M | N/A | — | 4763 |
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