Endicott College
89% goes to programs $54 to raise $100 Strong reserves Growing revenue
Endicott College is a 501(c)(3) organization based in Beverly, Massachusetts, registered in 1942, with $212,397,622 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
376 Hale St, Beverly, MA, 01915 EIN 04-2103567 Since 1942
Revenue (FY2023)
$212.4M
▲ 8.4% vs prior year
Education median: $200K
Expenses (FY2023)
$197.4M
Net assets
$393.6M
Employees
2,430
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating89% to programs · $54 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 Endicott College: 89% to programs · $54 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +7% 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 Endicott College: 24 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Endicott College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Endicott College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Undergraduate and graduate education. (see schedule o)endicott integrates professional and liberal arts with experiential learning including internships.
What they do
*academic support* see schedule o. *academic support*endicott offers students various programs and facilities to enhance and encourage their active participation in the intellectual life of the college and promote their successful performance in the classroom. this is accomplished through state-of-the-art academic technology, the diane m. halle library, academic administration, academic resources and student success, and the single parent program.
*student services* see schedule o. *student services* student services support the academic and personal development of each student through a variety of offices and programs, including student activities, personal counseling, health, community service, and athletic programs. experience beyond the classroom setting affords students with opportunities to gain a greater understanding and appreciation of self, others, and the world around them. the student affairs division is designed to complement and supplement the academic experience of every student. other functions included in student services include the admissions, financial aid, registrar, and career development. bookstore and vending revenue is considered related to student services.
Contact & location
- Address
- 376 Hale St, Beverly, MA, 01915
- City
- Beverly
- State
- Massachusetts
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $121.5M (FY2013) to $212.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $141.8MNet assets $393.6M
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$535.4M
Total liabilities
$141.8M
Net assets
$393.6M
Salaries & benefits
$83.0M
42% of expenses
Board members
31
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $212,397,622▲8.4% | $197,361,761▲13.9% | $393,552,709▲7.9% | $535,358,364▲5.4% | 990 |
| 2022 | $195,920,645▲4.3% | $173,255,915▲7.4% | $364,877,211▲10.2% | $508,070,133▲8.5% | 990 |
| 2021 | $187,900,007▲13.3% | $161,389,306▲7.5% | $331,002,337▲4.0% | $468,482,984▲8.3% | 990 |
| 2020 | $165,780,481▲2.3% | $150,133,791▲0.3% | $318,357,488▲16.5% | $432,661,711▲8.2% | 990 |
| 2019 | $162,086,357▼2.6% | $149,679,189▲1.8% | $273,158,065▲1.1% | $399,754,172▲2.2% | 990 |
| 2018 | $166,472,658▲3.0% | $147,078,900▲5.2% | $270,083,459▲7.5% | $391,074,969▲4.9% | 990 |
| 2017 | $161,547,118▲7.3% | $139,820,689▲7.8% | $251,195,621▲11.2% | $372,834,246▲15.0% | 990 |
| 2016 | $150,500,787▲4.6% | $129,724,321▲5.7% | $225,821,701▲15.1% | $324,270,141▲6.3% | 990 |
| 2015 | $143,845,962▲10.5% | $122,772,774▲10.2% | $196,218,567▲8.0% | $304,980,562▲7.9% | 990 |
| 2014 | $130,143,331▲7.1% | $111,452,002▲6.9% | $181,718,574▲9.2% | $282,576,786▲13.6% | 990 |
| 2013 | $121,549,754 | $104,287,732▲7.5% | $166,421,209▲16.2% | $248,797,247▲15.4% | 990 |
| 2012 | — | $97,007,660▲6.1% | $143,161,548▲19.6% | $215,540,763▲9.1% | 990 |
| 2011 | — | $91,428,507▲10.9% | $119,675,656▲8.5% | $197,636,581▲6.8% | 990 |
| 2010 | — | $82,438,696▲12.3% | $110,336,894▲16.6% | $184,992,253▲8.8% | 990 |
| 2009 | — | $73,402,306 | $94,628,069 | $170,075,723 | 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: Steven R Disalvo — $605,699 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Steven R Disalvo | President | 60 | $605,699 |
| Anthony Ferullo | Vp of Finance & Coo | 60 | $324,315 |
| Sara Quay | Provost | 50 | $291,075 |
| Bryan Cain | Svp Student and External Engagement | 40 | $259,392 |
| Amy Smith | Dean, School of Nursing | 40 | $257,797 |
| Patrick Hewett | Vp Institutional Advancement | 40 | $233,181 |
| Meghan Monaco | Vp Admissions & Financial Aid | 50 | $200,239 |
| Brian Wylie | Asst Vp/director of Athletics | 40 | $199,790 |
| Brandi Johnson | Vp and Chief Diversity Officer | 40 | $198,876 |
| Anaita Dua | Trustee (as of 03/2024) | 2 | — |
| Ayune Michel | Trustee | 2 | — |
| Douglas Seymour | Trustee - Vice Chair | 2 | — |
| Dr Harry Dumay | Trustee | 2 | — |
| Elizabeth Schwartz | Trustee | 2 | — |
| F Samuel Eberts III | Trustee | 2 | — |
| Galen Ho | Trustee (as of 03/2024) | 2 | — |
| Glen Thornborough | Trustee (as of 03/2024) | 2 | — |
| James Demers | Trustee | 2 | — |
| Joanna Schulman | Trustee | 2 | — |
| John Macneil | Trustee - Clerk | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Construction Management & Builders Inc | Construction | $18,436,004 |
| Sodexo Inc & Affiliates | Food Services | $9,675,318 |
| Windover Construction Inc | Construction | $2,902,206 |
| Workday Inc | Information Technology | $1,342,311 |
| Sj Services Inc | Janitoral Services | $1,022,907 |
Grants received · $2.7M total
72 grants to Endicott College totaling $2.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $13,870 |
| American Endowment Foundation | Educational | 2024 | $10,000 |
| Trustees of Boston University | Research | 2023 | $183,995 |
| Donor Advised Charitable Giving | Education | 2023 | $80,083 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $60,850 |
| Greater Hartford Gives Foundation | Scholarships | 2023 | $16,000 |
| Boston Foundation Inc | Scholarship | 2023 | $10,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $6,000 |
| Donor Advised Charitable Giving | Education | 2022 | $100,085 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $77,229 |
| Trustees of Boston University | Research research | 2022 | $48,092 |
| Greater Hartford Gives Foundation | Scholarships | 2022 | $8,000 |
| National Philanthropic Tr | Education | 2022 | $6,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $304,550 |
Grants made · $167K in FY2023
1 grant totaling $167K in FY2023. All grants made by Endicott College →
| Recipient | Purpose | Amount |
|---|---|---|
| City of Beverly | General support | $166,667 |
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Frequently asked questions
- Is Endicott College a legitimate nonprofit?
- Yes. Endicott College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2103567, based in Beverly, Massachusetts. Donations are tax-deductible.
- What is Endicott College's EIN?
- Endicott College's Employer Identification Number (EIN) is 04-2103567.
- How much revenue does Endicott College report?
- Endicott College reported $212,397,622 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Endicott College's spending goes to programs?
- Endicott College spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Endicott College have?
- CharityIndex grades Endicott College A, based on program efficiency and fundraising cost.
- How much does Endicott College's highest-paid employee make?
- The highest reported compensation on Endicott College's latest Form 990 is $605,699, paid to Steven R Disalvo (President).
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Explore more
Data for Endicott College (EIN 04-2103567) 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.