Norwich University
89% goes to programs $9 to raise $100 Strong reserves
Norwich University is a 501(c)(3) organization based in Northfield, Vermont, registered in 1935, with $191,963,960 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
158 Harmon Dr, Northfield, VT, 05663 EIN 03-0179424 Since 1935
Revenue (FY2024)
$192.0M
▼ 3.5% vs prior year
Education median: $200K
Expenses (FY2024)
$199.4M
Net assets
$439.2M
Employees
1,707
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 rating89% to programs · $9 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 Norwich University: 89% to programs · $9 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating26 mo reserves · -4% 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 Norwich University: 26 mo reserves · -4% 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 Norwich University: 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 Norwich University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Norwich's mission is to give our youth an education that shall be american in its character.
What they do
Auxiliary enterprises and other student services include cafeteria, dormitories, bookstore and uniform shop servicing the undergraduate population of over 2,000 undergraduate students.
Contact & location
- Address
- 158 Harmon Dr, Northfield, VT, 05663
- City
- Northfield
- State
- Vermont
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $167.8M (FY2013) to $192.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $87.3MNet assets $439.2M
Operating margin
-3.9%
Spent more than it raised in the latest fiscal year.
Total assets
$526.4M
Total liabilities
$87.3M
Net assets
$439.2M
Salaries & benefits
$63.8M
32% of expenses
Board members
28
27 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $191,963,960▼3.5% | $199,379,384▲0.4% | $439,179,407▲2.9% | $526,446,803▲1.7% | 990 |
| 2023 | $198,906,593▲3.2% | $198,496,012▲1.0% | $426,677,471▲8.8% | $517,611,300▲6.1% | 990 |
| 2022 | $192,660,298▼5.5% | $196,525,026▲1.4% | $392,287,164▼5.0% | $487,810,039▼4.9% | 990 |
| 2021 | $203,934,578▲12.6% | $193,724,043▲9.3% | $413,055,689▼9.6% | $512,867,844▼9.8% | 990 |
| 2020 | $181,187,651▲1.9% | $177,215,212▼0.8% | $456,840,239▲37.2% | $568,444,929▲26.0% | 990 |
| 2019 | $177,857,949▼0.3% | $178,649,098▲2.7% | $332,960,063▲0.8% | $451,288,242▲0.8% | 990 |
| 2018 | $178,415,780▲4.5% | $174,011,657▲4.2% | $330,283,229▲0.7% | $447,742,563▼0.5% | 990 |
| 2017 | $170,737,618▲6.4% | $167,060,923▲3.2% | $327,961,048▲5.9% | $450,114,211▲1.7% | 990 |
| 2016 | $160,530,250▲9.3% | $161,911,665▲9.7% | $309,785,046▲7.0% | $442,665,888▲3.7% | 990 |
| 2015 | $146,863,976▼9.5% | $147,637,534▲2.2% | $289,489,051▼4.9% | $426,934,125▼5.3% | 990 |
| 2014 | $162,308,235▼3.3% | $144,415,969▲6.9% | $304,502,734▲4.6% | $451,033,547▲3.4% | 990 |
| 2013 | $167,821,469 | $135,131,152▲3.7% | $291,234,080▲20.9% | $436,116,084▲19.7% | 990 |
| 2012 | — | $130,367,398▲3.4% | $240,877,546▲16.0% | $364,287,857▲13.2% | 990 |
| 2011 | — | $126,067,930▲4.3% | $207,663,143▼10.9% | $321,920,715▼5.1% | 990 |
| 2010 | — | $120,894,092▲7.5% | $233,180,752▲14.7% | $339,062,003▲8.1% | 990 |
| 2009 | — | $112,480,790 | $203,265,524 | $313,587,951 | 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 (FY2024)
Highest-paid: Karen Gaines — $321,509 (0.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Karen Gaines | Provost | 40 | $321,509 |
| John Broadmeadow | President | 40 | $277,413 |
| Jessica Wood | Dir & Ass. Prof of Nursing | 40 | $223,638 |
| Huw Read | Professor of Computer Security | 30 | $204,320 |
| Elizabeth Potskowski | Vp Development | 40 | $203,077 |
| William Mccollough | Commandant and Vp Student Affairs | 40 | $188,807 |
| Kimberly Reilly | Vp of Enrollment Management | 40 | $187,876 |
| Michael Battig | Professor | 30 | $173,731 |
| Frank Vanecek | Professor of Information Tech. | 30 | $173,404 |
| Sharon Rose Hamilton | Vp For Strategic Partnerships | 40 | $172,454 |
| Bizhan Yahyazadeh | Vp Facilities | 40 | $167,009 |
| Dr Julia Bernard | Vp of Dei | 40 | $166,303 |
| Danielle Pelczarski | Senior Vp and Chief of Staff | 40 | $165,528 |
| George Silowash | Cio | 40 | $163,463 |
| Corey Bennett | Senior Lecturer For Nursing | 30 | $162,348 |
| Aron Temkin | Dean of College Pro. Schools | 30 | $160,026 |
| Dr Lea Williams | Assistant Provost | 40 | $159,918 |
| James Louis Dunkelman | Interim Cfo | 40 | $156,910 |
| Leroy Young | Cfo | 40 | $143,367 |
| Jamie Comolli | Assistant Secretary | 40 | $73,202 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc | Food Services | $7,683,061 |
| Ef Wall & Associates Inc | General Contractor | $1,975,329 |
| Ellucian Company LLC | Erp Software Provider | $1,655,379 |
| Jones Architecture Inc | Architecture and Design Services | $1,080,863 |
| Boundless Learning DBA Embanet | Online Learning Services | $933,027 |
Grants received · $9.1M total
84 grants to Norwich University totaling $9.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $15.3M in FY2024
18 grants totaling $15.3M in FY2024 — showing the 15 largest. All grants made by Norwich University →
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Tech Foundation Inc | For software tools to support the services plans for command and control of the information environment; to create and manage a collaborative cybersecurity educational program with community colleges, colleges, and universities that establishes standards for cybersecurity curriculum and academic excellence, includes competency development among students and faculty, values community outreach and leadership in professional development, integrates cybersecurity practice within the institution across academic disciplines, actively engages in solutions to challenges facing cybersecurity education | $2,723,068 |
| Citadel Foundation | For software tools to support the services plans for command and control of the information environment | $2,466,800 |
| Texas A&m Foundation | For software tools to support the services plans for command and control of the information environment | $2,271,635 |
| University of North Georgia Foundation Inc | For software tools to support the services plans for command and control of the information environment; to create and manage a collaborative cybersecurity educational program with community colleges, colleges, and universities that establishes standards for cybersecurity curriculum and academic excellence, includes competency development among students and faculty, values community outreach and leadership in professional development, integrates cybersecurity practice within the institution across academic disciplines, actively engages in solutions to challenges facing cybersecurity education | $2,054,058 |
| V M I Research Laboratories | For software tools to support the services plans for command and control of the information environment | $1,628,205 |
| Norwich University Applied Research Institutes Ltd | To help develop and deliver training to address urgent and emerging preparedness gaps for the nation; to create and manage a collaborative cybersecurity educational program with community colleges, colleges, and universities that establishes standards for cybersecurity curriculum and academic excellence, includes competency development among students and faculty, values community outreach and leadership in professional development, integrates cybersecurity practice within the institution across academic disciplines, actively engages in solutions to challenges facing cybersecurity education; for software tools to support the services plans for command and control of the information environment | $1,518,947 |
| University of Mississippi | To manage a coalition of nine institutions of higher learning to develop the ncae-c careers preparation national center (cpnc) | $688,686 |
| Town of Northfield | General support | $470,000 |
| Ochin Inc | To enhance the participation and representation of researchers and communities currently under-resourced in the development of ai/ml models and to improve the capabilities of this emerging technology | $356,251 |
| Secured Inc | To manage a coalition of nine institutions of higher learning to develop the ncae-c careers preparation national center (cpnc) | $285,865 |
| University of North Texas Foundation Inc | To manage a coalition of nine institutions of higher learning to develop the ncae-c careers preparation national center (cpnc) | $207,542 |
| Montreat College | To manage a coalition of nine institutions of higher learning to develop the ncae-c careers preparation national center (cpnc) | $142,734 |
| Purdue University | To manage a coalition of nine institutions of higher learning to develop the ncae-c careers preparation national center (cpnc) | $141,317 |
| University of Texas Health Sciences | To enhance the participation and representation of researchers and communities currently under-resourced in the development of ai/ml models and to improve the capabilities of this emerging technology | $126,819 |
| University Enterprises Corporation At Csusb | To manage a coalition of nine institutions of higher learning to develop the ncae-c careers preparation national center (cpnc) | $114,662 |
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Frequently asked questions
- Is Norwich University a legitimate nonprofit?
- Yes. Norwich University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 03-0179424, based in Northfield, Vermont. Donations are tax-deductible.
- What is Norwich University's EIN?
- Norwich University's Employer Identification Number (EIN) is 03-0179424.
- How much revenue does Norwich University report?
- Norwich University reported $191,963,960 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Norwich University's spending goes to programs?
- Norwich University spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Norwich University have?
- CharityIndex grades Norwich University A, based on program efficiency and fundraising cost.
- How much does Norwich University's highest-paid employee make?
- The highest reported compensation on Norwich University's latest Form 990 is $321,509, paid to Karen Gaines (Provost).
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Data for Norwich University (EIN 03-0179424) 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.