Cambridge College Inc
78% goes to programs $94 to raise $100 Declining revenue
Cambridge College Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1975, with $19,375,287 in FY2023 revenue. CharityIndex grades it C, and it directs about 78% of spending to programs.
500 Rutherford Ave, Boston, MA, 02129 EIN 51-0163080 Since 1975
Revenue (FY2023)
$19.4M
▼ 45.2% vs prior year
Education median: $200K
Expenses (FY2023)
$33.7M
Net assets
$5.9M
Employees
525
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →B+Program efficiency40% of the rating78% to programs · $94 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cambridge College Inc: 78% to programs · $94 to raise $100 earns a B+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating2 mo reserves · -74% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cambridge College Inc: 2 mo reserves · -74% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cambridge College Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cambridge College Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The mission of cambridge college is to provide academically excellent (continued on schedule o)
Contact & location
- Address
- 500 Rutherford Ave, Boston, MA, 02129
- City
- Boston
- State
- Massachusetts
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $27.7M (FY2013) to $19.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.6MNet assets $5.9M
Operating margin
-73.9%
Spent more than it raised in the latest fiscal year.
Total assets
$9.5M
Total liabilities
$3.6M
Net assets
$5.9M
Salaries & benefits
$16.2M
48% of expenses
Board members
3
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $19,375,287▼45.2% | $33,701,062▼14.7% | $5,864,889▼84.7% | $9,490,560▼91.4% | 990 |
| 2022 | $35,337,289▲12.7% | $39,512,844▼3.1% | $38,269,329▼1.0% | $110,868,797▲67.7% | 990 |
| 2021 | $31,368,471▼24.6% | $40,781,120▼4.3% | $38,643,796▼34.7% | $66,113,929▼20.7% | 990 |
| 2020 | $41,615,020▲34.0% | $42,594,798▲9.6% | $59,206,260▲3.2% | $83,415,943▼2.8% | 990 |
| 2019 | $31,052,296▲16.7% | $38,878,588▲14.1% | $57,392,346▼5.6% | $85,856,712▼0.3% | 990 |
| 2018 | $26,598,478▲7.6% | $34,084,385▲2.2% | $60,771,741▼9.5% | $86,138,396▼6.9% | 990 |
| 2017 | $24,712,688▼71.8% | $33,336,712▲3.9% | $67,155,084▼10.7% | $92,483,700▼9.8% | 990 |
| 2016 | $87,628,201▲190% | $32,079,478▲7.8% | $75,227,051▲286% | $102,529,245▲232% | 990 |
| 2015 | $30,182,641▲11.8% | $29,755,215▲7.3% | $19,512,823▼6.2% | $30,919,846▲5.3% | 990 |
| 2014 | $26,987,409▼2.5% | $27,717,981▼10.2% | $20,796,348▼9.6% | $29,351,009▼2.8% | 990 |
| 2013 | $27,671,552 | $30,850,097▼9.5% | $23,017,257▼5.4% | $30,182,480▲2.0% | 990 |
| 2012 | — | $34,089,612▼9.0% | $24,336,713▼12.0% | $29,589,226▼8.0% | 990 |
| 2011 | — | $37,444,234▼2.3% | $27,660,406▼1.4% | $32,165,229▼1.7% | 990 |
| 2010 | — | $38,312,779▼3.2% | $28,067,131▲5.9% | $32,736,407▲4.6% | 990 |
| 2009 | — | $39,590,349 | $26,497,787 | $31,296,863 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Deborah C Jackson — $361,279 (1.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Deborah C Jackson | President (thru 12/2023) | 60 | $361,279 |
| Stephen E Healey | Interim President (thru 07/2024) | 50 | $231,822 |
| Niti Seth | Provost | 50 | $200,902 |
| Dennis Madigan | President & Vp of Finance & Admin. | 50 | $197,776 |
| Lauretta D Siggers - Vp of | Hr & Talent Dev. (thru 06/2024) | 50 | $166,530 |
| Thomas J Cahill Jr - Vp of | Instit. Advancement (thru 06/2024) | 50 | $148,815 |
| Paula G Bramante - Avp For | Teaching & Learning Technologies | 50 | $138,486 |
| Doris A Van Gorder-mcgoff | Int. Dean, School of Edu. & Couns. | 50 | $137,390 |
| Michael E Marrapodi - Assoc | Provost For Online Programs | 50 | $135,917 |
| James S Lee - Dean School of | Undergraduate Studies | 50 | $133,982 |
| Phillip E Page - Vp of | Strategic P'ships. (thru 06/2024) | 50 | $131,064 |
| Joseph Cullen | Controller | 50 | $129,068 |
| Charles L Anderson Md | Treasurer (thru 07/2024) | 1 | — |
| James Segel | Clerk (thru 07/2024) | 1 | — |
| Jesse Solomon | Trustee (thru 10/2023) | 1 | — |
| Kenneth Johnson | Trustee (thru 10/2023) | 1 | — |
| Kevin Mccall | Chair | 1.5 | — |
| Marcela Aldaz-matos | Trustee (thru 07/2024) | 1 | — |
| Stephanie Browne | Vice Chair | 1 | — |
| Terence Mccourt | Trustee (thru 10/2023) | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Focus Edusolutions Inc | Consulting | $893,891 |
| Norbella Inc | Advertising | $679,658 |
| Oxer Consulting LLC | Coursework Development | $566,946 |
| Google LLC | Advertising | $397,825 |
| Iheart Media Inc | Advertising | $355,563 |
Grants received · $378K total
16 grants to Cambridge College Inc totaling $378K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,350 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $31,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $31,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $22,450 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $17,202 |
| Boston Foundation Inc | Operating support/annual fund | 2018 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $11,350 |
| Boston Foundation Inc | Education | 2017 | $30,000 |
| Boston Foundation Inc | Education | 2017 | $30,000 |
| Boston Foundation Inc | Operating support | 2017 | $25,000 |
| Boston Foundation Inc | Operating support | 2017 | $25,000 |
| Boston Foundation Inc | Operating support | 2016 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $15,100 |
| Boston Foundation Inc | Operating support | 2015 | $25,000 |
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Frequently asked questions
- Is Cambridge College Inc a legitimate nonprofit?
- Yes. Cambridge College Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0163080, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Cambridge College Inc's EIN?
- Cambridge College Inc's Employer Identification Number (EIN) is 51-0163080.
- How much revenue does Cambridge College Inc report?
- Cambridge College Inc reported $19,375,287 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cambridge College Inc's spending goes to programs?
- Cambridge College Inc spends about 78% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cambridge College Inc have?
- CharityIndex grades Cambridge College Inc C, based on program efficiency and fundraising cost.
- How much does Cambridge College Inc's highest-paid employee make?
- The highest reported compensation on Cambridge College Inc's latest Form 990 is $361,279, paid to Deborah C Jackson (President (thru 12/2023)).
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Data for Cambridge College Inc (EIN 51-0163080) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.