Georgetown College is a 501(c)(3) organization based in Georgetown, Kentucky, registered in 1943, with $66,932,324 in FY2022 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
Revenue (FY2022)
$66.9M
▼ 5.1% vs prior year
Education median: $200K
Expenses (FY2022)
$70.1M
Net assets
$42.8M
Employees
1,035
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 Georgetown College: 82% to programs · $23 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Georgetown College: 7 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
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 Georgetown College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Georgetown College: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Georgetown college is a fully accredited liberal arts institution of higher learning
Revenue grew from $55.8M (FY2013) to $66.9M (FY2022) across 10 reported years.
Financial snapshot
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$82.7M
Total liabilities
$39.9M
Net assets
$42.8M
Salaries & benefits
$14.4M
21% of expenses
Board members
29
28 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $66,932,324▼5.1% | $70,053,703▲0.3% | $42,825,857▼2.2% | $82,678,143▼3.7% | 990 |
| 2021 | $70,520,784▲5.7% | $69,873,483▲10.7% | $43,796,066▼14.9% | $85,815,241▼4.3% | 990 |
| 2020 | $66,686,470▲17.0% | $63,091,259▲12.3% | $51,475,799▲22.3% | $89,699,386▲8.1% | 990 |
| 2019 | $57,019,285▲12.2% | $56,178,214▲3.6% | $42,080,680▼2.3% | $82,979,191▼3.8% | 990 |
| 2018 | $50,804,035▼2.5% | $54,226,076▲2.0% | $43,080,529▼6.3% | $86,292,363▼1.2% | 990 |
| 2017 | $52,118,317▲0.8% | $53,163,718▲2.7% | $45,972,417▲25.5% | $87,318,560▼1.4% | 990 |
| 2016 | $51,720,271▲4.9% | $51,761,831▲5.2% | $36,640,703▲15.7% | $88,567,252▲0.7% | 990 |
| 2015 | $49,295,140▲4.2% | $49,210,795▼0.4% | $31,665,800▼14.1% | $87,961,747▼4.4% | 990 |
| 2014 | $47,325,269▼15.2% | $49,431,540▼4.6% | $36,867,719▼11.2% | $91,983,686▼7.1% | 990 |
| 2013 | $55,819,511 | $51,834,830▼4.3% | $41,497,229▲8.2% | $98,964,815▲0.5% | 990 |
| 2012 | — | $54,179,094▼5.4% | $38,360,509▲7.3% | $98,512,803▲0.7% | 990 |
| 2011 | — | $57,281,677▲5.1% | $35,764,487▼18.1% | $97,779,618▼1.8% | 990 |
| 2010 | — | $54,518,194▲4.8% | $43,682,359▲19.5% | $99,582,362▲7.4% | 990 |
| 2009 | — | $52,012,872 | $36,550,231 | $92,685,189 | 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.
Highest-paid: Rosemary Allen — $294,281 (0.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Rosemary Allen | President | 50 | $294,281 |
| Rush Sherman | Cfo/treasurer | 50 | $171,206 |
| John Davis | Vp For Institutional Advancement | 50 | $162,400 |
| Brian Evans | Athletic Director | 50 | $124,830 |
| William Cronin | Former Head Football Coach | 0 | $123,752 |
| Christopher Oliver | Head Football Coach | 50 | $122,923 |
| Jonathan Sands Wise | Provost | 50 | $114,046 |
| Christopher Briggs | Head Basketball Coach | 50 | $104,572 |
| Linda Olsen | Vp of Enrollment Management | 50 | $103,317 |
| Curtis Sandberg | Dean of Students | 50 | $98,675 |
| Sally Wiatrowski | Vp For Business Operations | 50 | $76,813 |
| Leah Stubbs | Secretary To the Board of Trustees | 50 | $59,220 |
| Bethany Langdon | Vp For Advancement & Communications | 50 | $55,303 |
| Craig Wallace | Trustee | 2 | — |
| David Adkisson | Trustee | 2 | — |
| David Lee | Trustee | 2 | — |
| Dustin Stacy | Trustee | 2 | — |
| Frank Penn | Trustee | 2 | — |
| Gerald Parker | Trustee | 2 | — |
| Granetta Blevins | Trustee | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc & Affiliates | Dining Services | $3,376,924 |
| Nat Management Resources Corp | Maintenance Services | $1,272,190 |
| K-12 Teachers Alliance | Student Recruiting | $524,585 |
| Jenzabar Inc | Software Support | $433,495 |
| Kentucky Medical Services Foundation | Athletic Trainers-medical Services | $253,125 |
73 grants to Georgetown College totaling $7.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Explore more
Data for Georgetown College (EIN 61-0444695) 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.