The Claremont Colleges Inc
87% goes to programs $0 to raise $100 Strong reserves Growing revenue
The Claremont Colleges Inc is a 501(c)(3) organization based in Claremont, California, registered in 2000, with $60,429,458 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
101 S Mills Ave, Claremont, CA, 91711 EIN 95-4786748 Since 2000
Revenue (FY2023)
$60.4M
▲ 24.9% vs prior year
Education median: $200K
Expenses (FY2023)
$55.0M
Net assets
$133.6M
Employees
433
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 rating87% to programs · $0 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 The Claremont Colleges Inc: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating29 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 The Claremont Colleges Inc: 29 mo reserves · +9% margin earns a A 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 The Claremont Colleges Inc: 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 The Claremont Colleges Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide exceptional shared services to the members of the claremont colleges.
What they do
Academic support services provided by tcc include the central library system and bookstore providing library services and making textbooks available for the faculty and students of the claremont colleges.
Student services provided to the claremont colleges by tcc include: health and counseling services; ethnic centers; an interfaith office of chaplains and campus safety.
Contact & location
- Address
- 101 S Mills Ave, Claremont, CA, 91711
- City
- Claremont
- State
- California
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $37.5M (FY2013) to $60.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $25.4MNet assets $133.6M
Operating margin
9.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$159.1M
Total liabilities
$25.4M
Net assets
$133.6M
Salaries & benefits
$32.0M
58% of expenses
Board members
18
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $60,429,458▲24.9% | $54,982,120▲2.1% | $133,614,444▲8.1% | $159,060,093▲5.7% | 990 |
| 2022 | $48,400,253▲1.9% | $53,874,859▼20.0% | $123,656,197▼4.1% | $150,517,803▼4.8% | 990 |
| 2021 | $47,482,368▼9.6% | $67,348,590▲59.3% | $128,917,560▼17.2% | $158,040,859▼13.2% | 990 |
| 2020 | $52,502,841▼11.1% | $42,287,701▼16.1% | $155,664,017▲13.0% | $182,085,874▲10.0% | 990 |
| 2019 | $59,042,939▲5.4% | $50,375,193▲7.0% | $137,751,646▲6.7% | $165,586,929▲5.2% | 990 |
| 2018 | $56,040,096▼2.2% | $47,065,197▲11.1% | $129,134,783▲18.0% | $157,331,456▲14.0% | 990 |
| 2016 | $57,279,678▲29.5% | $42,373,054▲4.7% | $109,412,736▲18.3% | $138,038,594▲15.3% | 990 |
| 2015 | $44,241,385▼37.9% | $40,470,395▲6.4% | $92,504,178▲1.6% | $119,739,504▼0.2% | 990 |
| 2014 | $71,268,205▲90.1% | $38,042,817▲1.9% | $91,085,859▲51.2% | $119,993,366▲39.6% | 990 |
| 2013 | $37,496,825 | $37,325,451▲0.7% | $60,236,908▲8.1% | $85,944,767▲3.6% | 990 |
| 2012 | — | $37,076,080▲0.7% | $55,743,568▲5.2% | $82,949,263▲0.4% | 990 |
| 2011 | — | $36,823,534▲8.1% | $52,992,091▼8.1% | $82,622,042▼5.6% | 990 |
| 2010 | — | $34,064,195▲5.7% | $57,632,962▲13.2% | $87,507,667▲14.0% | 990 |
| 2009 | — | $32,240,047 | $50,897,755 | $76,778,360 | 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: Stig Lanesskogg — $484,782 (0.88% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stig Lanesskogg | Chief Executive Officer | 40 | $484,782 |
| Prateek Jindal - Avp For | Health and Wellness (thru 03/24) | 40 | $320,345 |
| Janet Smith Dickerson - Vp | For Student Affairs (thru 01/24) | 40 | $286,109 |
| Stephanie Long - Director of | Student Health Services (thru 03/24) | 40 | $264,460 |
| Vanessa Aguirre | Vp of Finance & Treasurer | 40 | $261,367 |
| Colin Tudor - Secr To | The Board/avp For Comm Relations | 40 | $256,684 |
| Janet Bishop | Dean of the Library | 40 | $221,743 |
| Dennis Miller | Avp For Hr and Benefits Admin | 40 | $189,179 |
| Mia Alonzo | Assistant Vice President/controller | 20 | $189,001 |
| John Moe | Avp of Central Facilities Services | 40 | $166,398 |
| Laura Landa | Avp of Communications | 40 | $164,827 |
| Lee Gilbertson - Avp For | Information Technology Services | 40 | $146,996 |
| Amy Marcus-newhall | Constituent Member | 1 | — |
| Cristina Rose | Director | 1 | — |
| David G Mgrublian | Chair of the Board | 1 | — |
| Donald P Gould | Constituent Member | 1 | — |
| Gabrielle G Starr | Constituent Member | 1 | — |
| Harriett B Nembhard | Constituent Member | 1 | — |
| Hiram E Chodosh | Constituent Member | 1 | — |
| James C Bean | Constituent Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Workday | Consulting | $6,249,613 |
| Driver Spg LLC | Remodeling | $1,268,483 |
| Anthology Inc | Consulting | $905,393 |
| Loeb & Loeb LLP | Legal Counsel | $842,014 |
| Timelycare | Medical-psychiatric | $729,403 |
Grants received · $15K total
2 grants to The Claremont Colleges Inc totaling $15K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Programs | 2018 | $5,000 |
| Network For Good Inc | Unrestricted | 2014 | $10,000 |
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Frequently asked questions
- Is The Claremont Colleges Inc a legitimate nonprofit?
- Yes. The Claremont Colleges Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4786748, based in Claremont, California. Donations are tax-deductible.
- What is The Claremont Colleges Inc's EIN?
- The Claremont Colleges Inc's Employer Identification Number (EIN) is 95-4786748.
- How much revenue does The Claremont Colleges Inc report?
- The Claremont Colleges Inc reported $60,429,458 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of The Claremont Colleges Inc's spending goes to programs?
- The Claremont Colleges Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Claremont Colleges Inc have?
- CharityIndex grades The Claremont Colleges Inc A, based on program efficiency and fundraising cost.
- How much does The Claremont Colleges Inc's highest-paid employee make?
- The highest reported compensation on The Claremont Colleges Inc's latest Form 990 is $484,782, paid to Stig Lanesskogg (Chief Executive Officer).
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Data for The Claremont Colleges Inc (EIN 95-4786748) 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.