Gordon College
84% goes to programs $35 to raise $100 Strong reserves Declining revenue
Gordon College is a 501(c)(3) organization based in Wenham, Massachusetts, registered in 1941, with $76,043,450 in FY2023 revenue. CharityIndex grades it B+, and it directs about 84% of spending to programs.
255 Grapevine Rd, Wenham, MA, 01984 EIN 04-2104258 Since 1941
Revenue (FY2023)
$76.0M
▲ 21.2% vs prior year
Education median: $200K
Expenses (FY2023)
$78.6M
Net assets
$157.5M
Employees
1,635
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating84% to programs · $35 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 Gordon College: 84% to programs · $35 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating24 mo reserves · -3% 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 Gordon College: 24 mo reserves · -3% margin earns a B+ 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 Gordon 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 Gordon College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Gordon college strives to graduate men & women distinguished by (continued on schedule o) (continuation) intellectual maturity and christian character, committed to lives of service and prepared for leadership worldwide.
What they do
Auxiliary programs related to the educational process for dormitory housing, food service, bookstore, lavida outdoor experience, balance and mobility center, summer athletic camps and other summer programs. there were 1109 resident students in the fall semester 2023 and 1038 in the spring semester 2024.
Higher education: gordon college has graduate programs in education, music education, leadership, and financial analysis conferring degrees in masters of education, masters of music education, master of arts in leadership, and master of science in financial analysis. in 2023-24, the total of unduplicated graduate students was 317 drawn from 31 states and 13 countries. gordon college conferred 89 masters' degrees in 2023-24.
Contact & location
- Address
- 255 Grapevine Rd, Wenham, MA, 01984
- City
- Wenham
- State
- Massachusetts
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $84.5M (FY2013) to $76.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $30.4MNet assets $157.5M
Operating margin
-3.3%
Spent more than it raised in the latest fiscal year.
Total assets
$187.9M
Total liabilities
$30.4M
Net assets
$157.5M
Salaries & benefits
$33.8M
43% of expenses
Board members
22
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $76,043,450▲21.2% | $78,578,942▲5.9% | $157,515,123▲4.1% | $187,919,534▲3.0% | 990 |
| 2022 | $62,766,673▼18.4% | $74,166,129▼1.8% | $151,264,476▲4.7% | $182,425,243▼5.0% | 990 |
| 2021 | $76,874,493▼28.4% | $75,541,560▼15.6% | $144,454,776▼10.8% | $191,933,809▼10.9% | 990 |
| 2020 | $107,400,748▲15.7% | $89,528,409▼1.8% | $161,866,643▲10.0% | $215,426,952▲7.0% | 990 |
| 2019 | $92,822,591▼35.0% | $91,195,466▼4.7% | $147,190,807▼0.4% | $201,331,768▲3.2% | 990 |
| 2018 | $142,703,285▲52.8% | $95,714,411▲1.2% | $147,855,497▲49.6% | $195,126,400▲34.4% | 990 |
| 2017 | $93,390,806▼18.2% | $94,567,522▲5.3% | $98,805,019▲1.8% | $145,212,752▲1.0% | 990 |
| 2016 | $114,182,431▲25.4% | $89,831,919▲1.2% | $97,036,442▲43.2% | $143,824,239▲22.2% | 990 |
| 2015 | $91,081,027▲2.2% | $88,766,518▲0.7% | $67,763,727▼1.2% | $117,733,930▼0.9% | 990 |
| 2014 | $89,160,910▲5.5% | $88,177,547▲4.3% | $68,595,950▼0.5% | $118,852,324▼1.9% | 990 |
| 2013 | $84,549,848 | $84,577,754▲10.4% | $68,932,414▲7.6% | $121,175,236▲4.2% | 990 |
| 2012 | — | $76,616,577▲7.1% | $64,068,198▲3.0% | $116,329,594▲0.5% | 990 |
| 2011 | — | $71,516,021▲6.4% | $62,177,577▼2.1% | $115,801,843▼0.1% | 990 |
| 2010 | — | $67,198,666▲2.9% | $63,540,630▲12.8% | $115,869,401▲5.4% | 990 |
| 2009 | — | $65,315,925 | $56,308,961 | $109,981,117 | 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: Michael D Hammond — $409,380 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael D Hammond | President | 60 | $409,380 |
| Sandra Doneski | Evp For Academic Affairs | 60 | $183,310 |
| Stephen D Lacorazza | Vp For Finance & Cfo (thru 03/2024) | 60 | $171,285 |
| Britt Carlson Eaton | Vp For Advancement | 60 | $158,514 |
| Jennifer Skaggs | Vp For Student Life | 60 | $158,514 |
| Richard Sweeney | Vice President For Marketing & Ext. | 60 | $148,250 |
| Robert Grinnell | Philanthropic Advisor | 60 | $142,815 |
| Daniel Tymann | Evp and Chief of Staff (thru 02/24) | 60 | $135,160 |
| Jon Welty Peachy | Dean of Academic Affairs | 60 | $131,547 |
| Timothy Breene | Executive Vp | 60 | $97,875 |
| Alexis Rapo | Trustee | 1 | — |
| Charley George | Trustee | 1 | — |
| Dante Rutstrom | Trustee (thru 05/2024) | 1 | — |
| Douglas Macgray | Trustee | 1 | — |
| Dr Carrie Tibbles | Chairman of the Board | 5 | — |
| Dr Dorothy Chappell | Trustee | 1 | — |
| Dr William Brown | Trustee | 1 | — |
| Enoch Liao | Trustee (as of 08/2023) | 1 | — |
| Foster Chase | Trustee | 1 | — |
| Francis Brown II | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bon Appetit Management Company | Dining Service Management | $3,306,201 |
| Richardson Media Group Inc | Advertising | $431,025 |
| Resource & Energy Consulting LLC | Construction | $387,120 |
| Eab | Advertising | $378,689 |
| Edf Energy Services LLC | Energy Supplier | $359,615 |
Grants received · $19.5M total
119 grants to Gordon College totaling $19.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Similar organizations in Education
Education
Dean College
Franklin, MA
$73.8M
B+annual revenue
Education
Belmont Hill School Inc
Belmont, MA
$73.2M
Aannual revenue
Education
New England Conservatory of Music
Boston, MA
$80.2M
Aannual revenue
Education
Groton School
Groton, MA
$71.6M
B+annual revenue
Education
Buckingham Browne and Nichols School
Cambridge, MA
$71.1M
Aannual revenue
Education
Lasell University
Newton, MA
$81.0M
Bannual revenue
Education
American International College
Springfield, MA
$82.3M
Aannual revenue
Education
Bay Path University
Longmeadow, MA
$67.3M
Aannual revenue
Education
Dexter Southfield Inc
Brookline, MA
$85.0M
B+annual revenue
- Education
Trustees For Harvard University
Cambridge, MA
$66.5M
Aannual revenue
Compare Gordon College
Frequently asked questions
- Is Gordon College a legitimate nonprofit?
- Yes. Gordon College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2104258, based in Wenham, Massachusetts. Donations are tax-deductible.
- What is Gordon College's EIN?
- Gordon College's Employer Identification Number (EIN) is 04-2104258.
- How much revenue does Gordon College report?
- Gordon College reported $76,043,450 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Gordon College's spending goes to programs?
- Gordon College spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gordon College have?
- CharityIndex grades Gordon College B+, based on program efficiency and fundraising cost.
- How much does Gordon College's highest-paid employee make?
- The highest reported compensation on Gordon College's latest Form 990 is $409,380, paid to Michael D Hammond (President).
More nonprofits in Wenham
Explore more
Data for Gordon College (EIN 04-2104258) 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.