Hollins University Corporation
85% goes to programs $7 to raise $100 Strong reserves
Hollins University Corporation is a 501(c)(3) organization based in Roanoke, Virginia, registered in 1925, with $69,926,503 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
7916 Williamson Rd, Roanoke, VA, 24019 EIN 54-0506314 Since 1925
Revenue (FY2023)
$69.9M
▲ 11.5% vs prior year
Education median: $200K
Expenses (FY2023)
$65.6M
Net assets
$382.5M
Employees
1,010
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $7 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 Hollins University Corporation: 85% to programs · $7 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating70 mo reserves · +6% 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 Hollins University Corporation: 70 mo reserves · +6% 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 Hollins University Corporation: 6 of 6 checks met earns a A+ 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 Hollins University Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Operation of a private, non-profit university
Contact & location
- Address
- 7916 Williamson Rd, Roanoke, VA, 24019
- City
- Roanoke
- State
- Virginia
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $50.8M (FY2013) to $69.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5.5MNet assets $382.5M
Operating margin
6.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$388.0M
Total liabilities
$5.5M
Net assets
$382.5M
Salaries & benefits
$24.1M
37% of expenses
Board members
24
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $69,926,503▲11.5% | $65,571,885▲5.6% | $382,535,913▲6.3% | $387,989,978▲6.4% | 990 |
| 2022 | $62,720,085▼54.5% | $62,082,589▲1.2% | $359,710,375▲2.8% | $364,721,259▲2.9% | 990 |
| 2021 | $137,791,101▲108% | $61,331,235▲10.3% | $349,994,663▲14.5% | $354,377,705▲14.3% | 990 |
| 2020 | $66,193,734▲16.8% | $55,582,080▼2.6% | $305,650,214▲20.2% | $310,010,589▲19.1% | 990 |
| 2019 | $56,651,226▼1.6% | $57,079,828▼2.0% | $254,388,638▼4.8% | $260,231,430▼4.7% | 990 |
| 2018 | $57,553,783▲3.3% | $58,229,653▲4.1% | $267,175,915▼2.3% | $273,132,962▼1.8% | 990 |
| 2017 | $55,719,065▼36.8% | $55,954,890▲0.5% | $273,551,888▲0.2% | $278,190,382▼0.3% | 990 |
| 2016 | $88,152,619▲33.3% | $55,702,097▲7.4% | $272,901,893▲18.2% | $278,965,718▲18.4% | 990 |
| 2015 | $66,144,848▲15.6% | $51,840,056▲6.8% | $230,784,984▼3.0% | $235,693,295▼3.3% | 990 |
| 2014 | $57,234,699▲12.6% | $48,524,582▲6.2% | $237,900,184▼1.7% | $243,747,493▼1.5% | 990 |
| 2013 | $50,842,781 | $45,682,976▲3.4% | $241,928,489▲7.6% | $247,360,795▲7.6% | 990 |
| 2012 | — | $44,199,208▼1.0% | $224,854,325▲3.4% | $229,850,520▲2.8% | 990 |
| 2011 | — | $44,653,558▲0.5% | $217,546,558▼0.2% | $223,525,243▲0.3% | 990 |
| 2010 | — | $44,417,193▲2.7% | $218,030,855▲10.8% | $222,959,116▲11.2% | 990 |
| 2009 | — | $43,245,559 | $196,721,223 | $200,437,374 | 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: Mary Hinton — $471,401 (0.72% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mary Hinton | President | 37.5 | $471,401 |
| Kerry Edmonds | Executive Vice President-coo | 37.5 | $267,644 |
| Laura Mclary | Provost | 37.5 | $201,814 |
| Anita Walton | Vp Advancement | 37.5 | $197,369 |
| Ashley Browning | Vp For Enrollment Management | 37.5 | $161,166 |
| Suzanne Mink | Senior Philanthropic Advisor | 37.5 | $157,019 |
| Steven Laymon | Vp, Graduate Programs & Cont Studies | 37.5 | $137,917 |
| Billy Faires | Executive Director, Marketing & Communication | 37.5 | $126,899 |
| Sheyonn Baker | Secretary of the Board | 37.5 | $58,938 |
| Alexandra Trower | Trustee | 3 | — |
| Anne Lindblad | Trustee | 3 | — |
| Callie Granade | Trustee | 3 | — |
| C Laroy Brantley | Trustee | 3 | — |
| Cynda Ann Johnson | Trustee | 3 | — |
| Cynthia Hale | Board Vice Chair | 3 | — |
| Debra Meade | Board Chair | 3 | — |
| Dudley Macfarlane | Trustee | 3 | — |
| Elizabeth Kolmstetter | Trustee | 3 | — |
| Ellen Goldsmith-vein | Trustee | 3 | — |
| Janet Nicholson | Trustee | 3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Meriwether Godsey Inc | Food Services | $2,686,760 |
| Collegiate Clean Energy LLC | Energy Management Services | $1,022,187 |
| Avis Construction Company Inc | Construction Services | $918,991 |
| Cambridge Associates LLC | Investment Management | $784,320 |
| Barrows | Furniture | $736,450 |
Grants received · $26.0M total
192 grants to Hollins University Corporation totaling $26.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| St Louis Community Foundation Incorporated | Payment against the jsm charitable trust commitment dated april 21, 2017 | 2024 | $2,461,000 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2024 | $302,810 |
| Cleveland Foundation | Hope scholars 2025/2026 | 2024 | $300,900 |
| Community Foundation of New Jersey | Universities, graduate schools or law schools | 2024 | $55,000 |
| The Community Foundation For Greater Atlanta Inc | Education | 2024 | $41,847 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $29,694 |
| Ayco Charitable Foundation | Education | 2024 | $21,000 |
| The Community Foundation Inc | University or private school | 2024 | $15,500 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,310 |
| The Community Foundation of Greater Birmingham | Education; daf funded | 2024 | $10,500 |
| American Endowment Foundation | Educational | 2024 | $10,500 |
| Community Foundation of Greater Memphis Inc | General operational support | 2024 | $10,300 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| The Community Foundation For Northeast Florida Inc | To be used where most needed | 2024 | $10,000 |
| Greater Horizons | Education | 2024 | $10,000 |
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Compare Hollins University Corporation
Frequently asked questions
- Is Hollins University Corporation a legitimate nonprofit?
- Yes. Hollins University Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0506314, based in Roanoke, Virginia. Donations are tax-deductible.
- What is Hollins University Corporation's EIN?
- Hollins University Corporation's Employer Identification Number (EIN) is 54-0506314.
- How much revenue does Hollins University Corporation report?
- Hollins University Corporation reported $69,926,503 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hollins University Corporation's spending goes to programs?
- Hollins University Corporation spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hollins University Corporation have?
- CharityIndex grades Hollins University Corporation A, based on program efficiency and fundraising cost.
- How much does Hollins University Corporation's highest-paid employee make?
- The highest reported compensation on Hollins University Corporation's latest Form 990 is $471,401, paid to Mary Hinton (President).
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Data for Hollins University Corporation (EIN 54-0506314) 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.