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Newbury College Inc.

 129 Fisher Avenue
 Brookline, MA 02445
[P] (617) 730-7000
[F] (617) 730-7020
www.newbury.edu
clare.mccully@newbury.edu
Clare McCully
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INCORPORATED: 1962
 Printable Profile (Summary / Full)
EIN 04-2452884

LAST UPDATED: 01/30/2015
Organization DBA --
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years No

Overview

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Mission StatementMORE »

Newbury College engages students in a career-focused education, grounded in the liberal arts, within a diverse and dynamic learning community.  The College mentors students to become professionally competent, ethically aware, socially responsible, and prepared for lifelong learning.  Committed to personalized and experience-based teaching, Newbury College inspires students to become independent thinkers, valuable collaborators, and global-minded citizens. 

Mission Statement

Newbury College engages students in a career-focused education, grounded in the liberal arts, within a diverse and dynamic learning community.  The College mentors students to become professionally competent, ethically aware, socially responsible, and prepared for lifelong learning.  Committed to personalized and experience-based teaching, Newbury College inspires students to become independent thinkers, valuable collaborators, and global-minded citizens. 

FinancialsMORE »

Fiscal Year July 01, 2013 to June 30, 2014
Projected Income $20,381,511.00
Projected Expense $19,635,820.00

ProgramsMORE »

  • English Mastery Program
  • Newbury Aspire Program - Building Success
  • The Roger A. Saunders School of Hotel & Restaurant Management
  • The School of Arts, Science & Design
  • The School of Business & Management

Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Statements

Mission Statement

Newbury College engages students in a career-focused education, grounded in the liberal arts, within a diverse and dynamic learning community.  The College mentors students to become professionally competent, ethically aware, socially responsible, and prepared for lifelong learning.  Committed to personalized and experience-based teaching, Newbury College inspires students to become independent thinkers, valuable collaborators, and global-minded citizens. 

Background Statement

Founded in 1962 on Newbury Street in Boston’s Back Bay, Newbury College has grown from a school of business to a baccalaureate college. Today, the campus is located in Brookline, Massachusetts, in a residential neighborhood just a short drive or subway ride from Boston. Its proximity to the city gives students access to a wealth of cultural, professional, and recreational activities.

The College offers bachelor and associate degree programs, as well as certificate programs, and consists of three Schools: Arts Science & Design, Business & Management, and the Roger A. Saunders School of Hotel & Restaurant Management. Full-time and part-time evening, weekend, and online courses and programs are available.

Newbury’s curriculum is enriched by professional internships and lectures from practicing professionals. To help students prepare for future careers, the College fosters mentoring relationships with faculty, staff, and industry practitioners.

The mission of Newbury College is to engage students in a career-focused education, grounded in the liberal arts, within a diverse and dynamic learning community. The College mentors students to become professionally competent, ethically aware, socially responsible, and prepared for lifelong learning. Committed to personalized and experience-based teaching, Newbury College inspires students to become independent thinkers, valuable collaborators, and global-minded citizens.

In keeping with its mission, Newbury College has developed and adopted the following college-wide learning objectives. Students who graduate from Newbury College should be able to: demonstrate a depth of knowledge applicable to the fulfillment of professional career goals; demonstrate the ability to access, analyze, interpret, and evaluate information in order to make thoughtful decisions in a complex and changing world; demonstrate effective communication skills applicable to academic, professional, and social interactions; demonstrate high standards of ethical behavior in personal, academic, and professional endeavors; demonstrate knowledge of self and society which promotes intellectual, professional, and personal growth; and leads to a commitment to lifelong learning; and, demonstrate the ability to serve as responsible citizens and to interact with their chosen communities with a sense of purpose and a respect for the value of cooperative action.


Impact Statement

Founded in 1962 as a 2-year business school, Newbury College has evolved into a 4-year baccalaureate institution with more than 30 different majors. These changes have been transformative for Newbury, along with its move from scattered classroom spaces on Newbury Street in Boston, to our current 9-acre campus on Fisher Hill in Brookline. As we have moved to a baccalaureate institution, we have increased our GPA requirements for incoming students. We have one of the highest graduation rates of the Pell-recipient student bodies, and continue to work on this by instituting a competency based assessment in mathematics, while currently developing such a competency-based program for our English Composition 1 and 2 classes (required of all graduates).

Over the next five years, Newbury looks to strengthen its academic program to continue to align with its mission statement (of career-focused education grounded in the liberal arts, continue to address the affordability of a small private college education by reducing Newbury College students’ indebtedness, and to continue to address and increase our graduation rates.


Needs Statement

Over the next few years, Newbury will institute our “Bridge Program” – The Newbury Aspire Program – to ensure that entering students are prepared to address college-level coursework. We will pilot it with 30 students each summer to begin with, and, by year 3, offer this to all incoming students who will need this program. The intention of the program overall is to also impact our retention numbers, as well as our graduation rates. In addition, Newbury needs to increase the number of full-time faculty teaching at Newbury (decreasing our dependence on adjunct faculty), as well as to review all 30 of our majors and continue to refresh our curriculum. Lastly, we need to upgrade our existing physical plant, and to add an athletic center as well as more on-campus housing for our resident students.


CEO Statement

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Board Chair Statement

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Geographic Area Served

GREATER BOSTON REGION, MA
Newbury College is located in the Fisher Hill neighborhood of Brookline, Massachusetts (02445), however, we accept students from all over the world.  Presently, our student population includes students from 28 states and 19 countries.

Organization Categories

  1. Education - Higher Education
  2. -
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

English Mastery Program

Presently, Newbury offers students an introductory course in English composition (EN104), which is a prerequisite to an advanced course in English composition (EN105).  These courses are meant provide a foundation base for reading, writing and critical thinking skills across the curriculum for all four years of study.  Unfortunately, however, many of our students continue to struggle with these skills moving forward into their college careers.  In order to fully address the needs of Newbury’s students, the College will reformulate the EN104 and EN105 curriculum using a competency-based model. 

Over a three year span, English faculty will re-work these courses using the Math Mastery Program as a guide. In this time, they will implement these changes and test the effectiveness of these changes. At the completion of these three years, the faculty will develop a written summary and analysis of the program and its effects on the educational outcomes of our students.

Budget  $361,607
Category  Education, General/Other Educational Programs
Population Served College Aged (18-26 years)
Program Short-Term Success  N/A
Program Long-Term Success  N/A
Program Success Monitored By  N/A
Examples of Program Success  N/A

Newbury Aspire Program - Building Success

Newbury seeks to address the academic needs of our "Success Boston" Students with the creation of an intensive, 4 week, residential, on-campus, academic summer bridge program called, “The Newbury Aspire Program – Building Success.”  The Newbury Aspire Program will allow our "Success Boston" Students (30 on avg) the opportunity to prepare for their start to fall 2014 semester.  Each week of the program will encompass a wide range of activities and courses that will help to address their transition to college.  Offerings will include academic classes in English writing skills and reading comprehension (which will include a competency-based model), classes focused on study and time management, programming related to acclimation to college life and academic demands.  Co-curricular activities will include Boston trips, guest speaking engagements, meetings with mentors and life skills classes.  Academic Counseling will also begin during this program and will continue through their first term.
Budget  400,000
Category  Education, General/Other Remedial Programs
Population Served College Aged (18-26 years) Adolescents Only (13-19 years) At-Risk Populations
Program Short-Term Success  Upon successful completion of the Newbury Aspire Program, participants will obtain 3 course credits (which the regular semester remedial classes provided do not offer) and they will enter the First-Year (104) English class, which will count toward their graduation requirements/3 course credits.  Unlike most bridge programs, Newbury is offering students this college credit for the courses they take.  In addition, Newbury will invest in each student by providing additional financial assistance to replace the $2,000 Federal Unsubsidized Stafford Loan for their first year.  We hope that this will further assist in reducing the financial burden and college loan indebtedness of our "Success Boston" Students.  Thus, the Newbury Aspire Program will address not only their academic deficits, but it will also address the affordability challenges these students face.
Program Long-Term Success  We hope that this program will offer our "Success Boston" Students an opportunity to ease their way into college life and academics, so that they may gain the necessary skills to successfully complete their education.  We hope that with this program, we will see an increase in the number of "Success Boston" Students remaining enrolled at Newbury, an increase in those remaining in "good standing" academically, and an increase in those successfully completing their degrees.  
Program Success Monitored By 
As this will be a new program for Newbury's students, we do not currently have information as to the successes of this program.  However, over the coming years we will be monitoring the students who took part in the program through our three indicators:  1) how many of these students are persisting at Newbury, 2) how many are remaining in "good standing" academically (maintaining a 2.0 GPA or higher, and 3) how many students are successfully completing their degrees.  We will utilize these three measures to analyze the success of the program.  
 
Should we see any issues with the program, we will work to develop the appropriate solutions to improve upon and further develop the offerings we can provide our "Success Boston" Students. 
Examples of Program Success 
As this is a new program for the College, we do not currently have data as to the success of the program.
 

The Roger A. Saunders School of Hotel & Restaurant Management

The Roger A. Saunders School of Hotel & Restaurant Management prepares students to provide leadership, innovation, and quality management in the hospitality industry. The curriculum rests on a theoretical and practical foundation in hospitality management, designed to promote critical thinking, creativity, and ethical awareness. The program places strong emphasis on the value of customer service, whether the focus is on hotel operations, food and dining services, convention/meeting planning, or overall management policies. Majors in this program include management in hotels, restaurants, and resorts, along with majors in baking and pastry arts and the culinary arts.

Students in the Saunders School have ample opportunity to gain exposure to their chosen field. All students in the School hone their skills by working in Newbury’s own showcase restaurant, performing a range of service and management functions, and take internships in Boston area hotels and restaurants.
Budget  1,258,283
Category  Education, General/Other Educational Programs
Population Served College Aged (18-26 years)
Program Short-Term Success  N/A
Program Long-Term Success  N/A
Program Success Monitored By  N/A
Examples of Program Success  N/A

The School of Arts, Science & Design

The School of Arts, Science & Design offers a broad selection of courses which provides students with a strong foundation in liberal arts and sciences as well as preparation for professional careers.

The School offers degree programs in Communication, Criminal Justice, Computer Science, Graphic and Interior Design, Legal Studies, and Psychology, as well in minors in a number of these disciplines. The curriculum reinforces students’ ability to access, analyze, evaluate, and present information so that they may meet the demands of contemporary life and work.

In addition, all degree programs at the College contain general education core. Courses in humanities, sciences, social sciences, English and mathematics enrich the curriculum and promote students’ critical reasoning and information literacy skills.

Budget  3,231,330
Category  Education, General/Other Educational Programs
Population Served College Aged (18-26 years)
Program Short-Term Success  N/A
Program Long-Term Success  N/A
Program Success Monitored By  N/A
Examples of Program Success  N/A

The School of Business & Management

The School of Business & Management is committed to educating students who will not only succeed in their chosen careers, but will also utilize their professional training and expertise to contribute positively to society at large. The School encourages students to develop innovative and creative problem-solving strategies, as potential leaders, managers and pioneers of the business community.

The curriculum is designed to foster knowledge of the global business environment, effective communication skills, and the ability to analyze information in order to make sound business decisions.

Courses in accounting, management, and marketing are the foundation for all business programs, preparing students for degrees in these fields, or enabling them to focus on specialty areas such as health care, sports management, or fashion merchandising. Newbury graduates are prepared to enter today’s challenging global business environment, upholding the highest ethical and professional standards.

Budget  2,084,729
Category  Education, General/Other Educational Programs
Population Served College Aged (18-26 years)
Program Short-Term Success  N/A
Program Long-Term Success  N/A
Program Success Monitored By  N/A
Examples of Program Success  N/A

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Mr. Joseph Chillo
CEO Term Start June 2014
CEO Email joseph.chillo@newbury.edu
CEO Experience --
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Mr. Joseph Chillo President --
Mr. Gary Hammon Chief Information Officer --
Ms. Joyce Hanlon Vice President of Finance and CFO --
Ms. Hannah Levertov Vice President of Academic Affairs and Dean of the College --
Mr. Paul Martin Vice President of Student Affairs --
Ms. Clare McCully Vice President for Advancement --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
New England Association of Schools and Colleges --

Collaborations

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CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 96
Number of Part Time Staff 102
Number of Volunteers 0
Number of Contract Staff 0
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 14
Asian American/Pacific Islander: 6
Caucasian: 165
Hispanic/Latino: 7
Native American/American Indian: 0
Other: 5
Other (if specified): Two or more races
Gender Female: 99
Male: 99
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? No
Years Strategic Plan Considers --
Management Succession Plan --
Business Continuity of Operations Plan --
Organization Policies And Procedures No
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy --
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Mr. Lawrence Kaplan
Board Chair Company Affiliation Goodwin Procter LLP
Board Chair Term May 2007 -
Board Co-Chair Ms. Kay H Hodge Esq
Board Co-Chair Company Affiliation Stoneman, Chandler & Miller
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Ms. Joan Barry-Hyde Project Management Voting
Mr. James S. Davis New Balance Athletic Shoe Co., Inc. Voting
Mr. Daniel G. Donahue The Lenox Hotel Voting
Ms. Diane R. Gordon Winthrop Square Law Group Voting
Mr. Roger E. Gordon Gordon & Gordon Adjustment Co. Voting
Ms. Kay H. Hodge Esq. Stoneman, Chandler & Miller Voting
Mr. Norman A. Levenson The Copley Group Voting
Ms. Jane Lundquist Rockland Trust Company Voting
Mr. J. Keith Motley Ph.D. University of Massachusetts Voting
Ms. Emily Stavis Stavis Seafoods Voting
Ms. Laurie Watson LPM Franchises, LLC Voting
Ms. Margaret M. Winslow Retired Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 1
Caucasian: 11
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 7
Male: 6
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions --
Constituency Includes Client Representation No

Standing Committees

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CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

Fiscal Year July 01, 2013 to June 30, 2014
Projected Income $20,381,511.00
Projected Expense $19,635,820.00
Form 990s

2012 Form 990

2011 Form 990

2010 Form 990

Audit Documents

2013 Audited Financials

2012 Audited Financials

2011 Audited Financials

2010 Audited Financials

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2013 2012 2011
Total Revenue $20,598,357 $19,734,919 $19,435,632
Total Expenses $19,074,007 $18,395,275 $17,225,667

Prior Three Years Revenue Sources

Fiscal Year 2013 2012 2011
Foundation and
Corporation Contributions
$173,225 $152,575 $88,100
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $724,283 $662,918 $504,412
Indirect Public Support -- -- --
Earned Revenue $19,143,328 $18,592,539 $18,479,072
Investment Income, Net of Losses $307,554 $-54,587 $125,830
Membership Dues -- -- --
Special Events -- -- --
Revenue In-Kind -- -- --
Other $249,967 $381,474 $238,218

Prior Three Years Expense Allocations

Fiscal Year 2013 2012 2011
Program Expense $15,373,358 $14,910,090 $12,848,880
Administration Expense $3,700,649 $3,485,185 $4,376,787
Fundraising Expense -- -- --
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.08 1.07 1.13
Program Expense/Total Expenses 81% 81% 75%
Fundraising Expense/Contributed Revenue 0% 0% 0%

Prior Three Years Assets and Liabilities

Fiscal Year 2013 2012 2011
Total Assets $22,560,895 $22,028,674 $21,136,718
Current Assets $8,185,341 $7,680,129 $7,105,320
Long-Term Liabilities $9,412,959 $10,248,090 $10,491,089
Current Liabilities $2,195,961 $2,352,959 $2,379,436
Total Net Assets $10,951,975 $9,427,625 $8,266,193

Prior Three Years Top Three Funding Sources

Fiscal Year 2013 2012 2011
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value $2,109,000.00
Spending Policy --
Percentage(If selected) --
Credit Line Yes
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2013 2012 2011
Current Ratio: Current Assets/Current Liabilities 3.73 3.26 2.99

Long Term Solvency

Fiscal Year 2013 2012 2011
Long-term Liabilities/Total Assets 42% 47% 50%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in the charts and graphs above are per the organization's audited financials. Further revenue breakout detail for Foundations & Corporations and Individuals was provided by the organization. Please note fiscal year 2012 data in the charts and graphs above is per the organization's fiscal year 2013 audit document.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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