Southern New Hampshire University
75% goes to programs $15 to raise $100 Strong reserves Growing revenue
Southern New Hampshire University is a 501(c)(3) organization based in Manchester, New Hampshire, registered in 1968, with $1,511,787,208 in FY2023 revenue. CharityIndex grades it A, and it directs about 75% of spending to programs.
2500 N River Rd, Manchester, NH, 03106 EIN 02-0274509 Since 1968
Revenue (FY2023)
$1.5B
▲ 10.3% vs prior year
Education median: $200K
Expenses (FY2023)
$1.4B
Net assets
$1.3B
Employees
15,969
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating75% to programs · $15 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 Southern New Hampshire University: 75% to programs · $15 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +9% 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 Southern New Hampshire University: 12 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Southern New Hampshire University: 5 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 Southern New Hampshire University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The university transforms lives by expanding access to education through high-quality, workforce relevant, and meaningful learning experiences. we drive equitable outcomes by providing learner-centric pathways and support designed to meet the individual needs of our learners, enabling them to reach their goals.
Contact & location
- Address
- 2500 N River Rd, Manchester, NH, 03106
- City
- Manchester
- State
- New Hampshire
- Category
- Education
- Subcategory
- Graduate & Professional Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $352.5M (FY2013) to $1.5B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $438.2MNet assets $1.3B
Operating margin
8.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$438.2M
Net assets
$1.3B
Salaries & benefits
$697.0M
50% of expenses
Board members
15
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,511,787,208▲10.3% | $1,381,097,196▲9.4% | $1,348,703,377▲13.7% | $1,786,901,023▲9.8% | 990 |
| 2022 | $1,371,032,680▲5.9% | $1,261,988,808▲7.8% | $1,186,371,091▲11.2% | $1,626,966,221▲9.4% | 990 |
| 2021 | $1,295,154,762▲18.6% | $1,170,439,099▲23.3% | $1,067,097,880▲8.2% | $1,487,711,074▲5.3% | 990 |
| 2020 | $1,091,579,648▲9.5% | $949,305,655▲8.8% | $986,201,662▲30.1% | $1,413,400,967▲25.8% | 990 |
| 2019 | $997,084,962▲9.1% | $872,505,264▲13.6% | $757,790,451▲19.1% | $1,123,924,384▲12.2% | 990 |
| 2018 | $914,051,318▲13.3% | $767,831,118▲14.0% | $636,416,468▲31.3% | $1,001,701,227▲22.5% | 990 |
| 2017 | $806,676,841▲16.9% | $673,703,750▲13.2% | $484,841,919▲36.2% | $817,790,774▲26.8% | 990 |
| 2016 | $690,158,280▲18.7% | $594,926,218▲13.1% | $356,017,535▲36.2% | $644,872,669▲17.3% | 990 |
| 2015 | $581,366,224▲14.5% | $525,828,539▲20.6% | $261,409,663▲23.3% | $549,581,871▲37.8% | 990 |
| 2014 | $507,626,312▲44.0% | $435,981,418▲37.9% | $211,952,194▲39.5% | $398,911,847▲21.6% | 990 |
| 2013 | $352,544,582 | $316,243,503▲52.7% | $151,903,886▲41.7% | $328,173,975▲24.1% | 990 |
| 2012 | — | $207,062,917▲32.5% | $107,223,018▲38.6% | $264,496,088▲13.4% | 990 |
| 2011 | — | $156,263,074▲24.9% | $77,336,786▲14.9% | $233,193,929▲37.9% | 990 |
| 2010 | — | $125,072,878▲12.6% | $67,321,657▲35.5% | $169,113,961▲16.0% | 990 |
| 2009 | — | $111,049,458 | $49,665,619 | $145,822,151 | 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: Dr Paul J Leblanc — $1,461,036 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Paul J Leblanc | President/ceo | 80 | $1,461,036 |
| Lisa Marsh Ryerson | Evp & Provost | 40 | $776,704 |
| Amelia Manning | Chief Operating Officer | 40 | $756,501 |
| Jenay Sermon | Senior Director of Applied Learning Science | 40 | $520,071 |
| Alana Burns | Chief Marketing Officer | 40 | $502,132 |
| Kenneth Lee | Treasurer & Cfo | 40 | $470,332 |
| Susan Nathan | Chief Experience Officer | 40 | $470,326 |
| Danielle Stanton | Evp & Chief People Officer | 40 | $449,195 |
| Kelly Palmer | Chief Strategy Officer | 40 | $419,155 |
| Melissa Paciulli | Executive Director - Kenzie | 40 | $395,945 |
| Catherine Alessi | Senior Vp, Analytics | 40 | $387,748 |
| William Willard | Chief Product Officer | 40 | $387,372 |
| Donald Brezinski | Evp, Campus Admin | 40 | $385,639 |
| R Yvette Clark | Svp, Gen. Counsel & Asst. Sec. | 40 | $374,927 |
| Libby May | Evp, Chief External Affairs and Communications Officer | 40 | $365,275 |
| Brian Curtis | Chief Information Officer | 40 | $334,985 |
| John Jibilian | Executive Vp - Its (thru 2/23) | 40 | $329,622 |
| Lisa Heffernan | Assistant Treasurer | 40 | $261,009 |
| Andre Hawaux | Trustee (as of 6/24) | 1 | — |
| Diane Tryneski | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Xxvi Holdings Inc DBA Google LLC | Marketing Services | $66,641,034 |
| Accenture LLP | It Services | $40,981,689 |
| He Holdings LLC DBA Red Ventures Education | Marketing Services | $15,752,200 |
| Cappsool Technologies Ltd | Marketing Services | $10,332,080 |
| Deloitte Consulting LLP | Consulting Services | $10,208,270 |
Grants received · $6.4M total
64 grants to Southern New Hampshire University totaling $6.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tides Foundation | Quality education | 2024 | $10,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,000 |
| Strada Education Foundation Inc | Operating grant | 2023 | $100,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $40,128 |
| National Collegiate Athletic Association | Grants | 2023 | $25,035 |
| Foundation For the Carolinas | Charitable gift | 2023 | $15,000 |
| Donor Advised Charitable Giving | Education | 2023 | $15,000 |
| Columbus Foundation | Education | 2023 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $7,850 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $7,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $507,450 |
| Tulsa Community Foundation | Scholarships | 2022 | $51,817 |
| National Collegiate Athletic Association | Grants | 2022 | $14,660 |
| Donor Advised Charitable Giving | Education | 2022 | $10,000 |
| New Venture Fund | Youth development and education | 2022 | $9,320 |
Grants made · $22.0M in FY2023
18 grants totaling $22.0M in FY2023 — showing the 15 largest. All grants made by Southern New Hampshire University →
| Recipient | Purpose | Amount |
|---|---|---|
| Impact Org Inc | To support mission-compatible educational organization | $21,500,000 |
| Derryfield School | General support | $202,950 |
| Americas Youth Teenage Unemployment Reduction Network Inc | General support | $53,000 |
| Shining Hope For Communities Inc | General support | $37,400 |
| City Year Inc | General support | $20,000 |
| Queen City Bicycle Collective | General support | $18,560 |
| Safari Youth Club | General support | $16,231 |
| New America Foundation | General support | $15,212 |
| Manchester Boys and Girls Club | General support | $15,000 |
| New Neighbor Connections | General support | $15,000 |
| Court Appointed Special Advocates of New Hampshire Inc | General support | $10,000 |
| Palace Theatre Trust | General support | $10,000 |
| Moore Center Services Inc | General support | $10,000 |
| See Science Center Inc | General support | $9,995 |
| Friends of Aine | General support | $7,500 |
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Frequently asked questions
- Is Southern New Hampshire University a legitimate nonprofit?
- Yes. Southern New Hampshire University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0274509, based in Manchester, New Hampshire. Donations are tax-deductible.
- What is Southern New Hampshire University's EIN?
- Southern New Hampshire University's Employer Identification Number (EIN) is 02-0274509.
- How much revenue does Southern New Hampshire University report?
- Southern New Hampshire University reported $1,511,787,208 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Southern New Hampshire University's spending goes to programs?
- Southern New Hampshire University spends about 75% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southern New Hampshire University have?
- CharityIndex grades Southern New Hampshire University A, based on program efficiency and fundraising cost.
- How much does Southern New Hampshire University's highest-paid employee make?
- The highest reported compensation on Southern New Hampshire University's latest Form 990 is $1,461,036, paid to Dr Paul J Leblanc (President/ceo).
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Data for Southern New Hampshire University (EIN 02-0274509) 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.