Lewiston, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PRESIDENT AND TRUSTEES OF BATES COLLEGE, founded in 1855, is a major nonprofit in the Education sector that reported $192.1M in total revenue in fiscal year 2022. Expenses of $179.5M left a modest 7% surplus.
Bates is a college of the liberal arts and sciences, and is a coeducational, nonsectarian, residential college with special commitments to academic rigor, and to assuring in all of its efforts the dignity of each individual, and access to its programs and opportunities by qualified learners. Bates offers a curriculum and faculty that challenge students to attain intellectual achievements and to develop powers of critical assessment, analysis, expression, aesthetic sensibility, and independent thought. The College sponsors cultural, volunteer, athletic, social, and religious opportunities which are open to all students, and values participation in these activities.
Higher Education: Bates College offers a rigorous liberal arts education that is distinctive in its emphasis on student research, a signature thesis or capstone experience, immersive Short Term...
Higher Education: Bates College offers a rigorous liberal arts education that is distinctive in its emphasis on student research, a signature thesis or capstone experience, immersive Short Term experience, Purposeful Work program, and opportunities for community-engaged learning. A 10-1 student-faculty ratio makes possible close collaborations in classroom and laboratory. A Bates education aims to prepare graduates who strive to embody the following qualities, capabilities, and inclinations: Knowledge, Problem Solving, Analytic Strength; Discernment and Persuasion; Intellectual Curiosity; Social Commitment and Integrity. Co-curricular life is rich with most students participating in one of approximately 120 student-run clubs and organizations. Typically, two-thirds of Bates' approximately 1,800 students on campus study abroad at some point during their Bates academic careers and close to 80 percent of students participate in internships. More than two-thirds of recent graduates enroll in graduate study within 10 years after graduation.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $192,073,209 | $197,954,547 | 0.0% |
| Expenses | $179,471,899 | $172,460,011 | +0.0% |
| Net Income | $12,601,310 | $25,494,536 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| A Clayton Spencer | President | 40 |
Officer
Director
|
$534,753 | $132,502 | $667,255 |
| Geoffrey Swift | VP Fin & Admin, Treasurer | 40 |
Officer
|
$332,185 | $53,291 | $385,476 |
| Joshua McIntosh | VP Student Affairs, Dean of Students | 40 |
Key Emp
|
$288,305 | $56,907 | $345,212 |
| Malcolm Hill | VP for Academic Affairs and Dean of the Faculty | 40 |
Key Emp
|
$274,983 | $65,032 | $340,015 |
| Sarah Pearson | Vice President, College Advancement | 40 |
Key Emp
|
$294,373 | $38,848 | $333,221 |
| Eric Foushee | Associate VP for College Advancement | 40 |
Key Emp
|
$244,146 | $72,433 | $316,579 |
| Leigh Weisenburger | Dean of Admission and Financial Aid | 40 |
Key Emp
|
$219,018 | $75,482 | $294,500 |
| Patricia Schoknecht | VP for Information & Library Services | 40 |
Key Emp
|
$225,328 | $65,027 | $290,355 |
| Jason Fein | Director of Athletics | 40 |
Highest
|
$217,659 | $67,976 | $285,635 |
| Michael Hussey | VP Institutional Affairs and Secretary to the Board of Trustees | 40 |
Key Emp
|
$183,523 | $65,956 | $249,479 |
| Christine Schwartz | Assoc VP Dining Conferences Campus Events | 40 |
Highest
|
$185,352 | $46,073 | $231,425 |
| Marcus Bruce | Professor | 40 |
Highest
|
$174,449 | $53,920 | $228,369 |
| Steven Dillon | Professor | 40 |
Highest
|
$174,421 | $52,847 | $227,268 |
| Barry Lawson | Professor | 40 |
Highest
|
$177,165 | $41,787 | $218,952 |
| Kathryn Low | Professor | 40 |
|
$148,375 | $45,240 | $193,615 |
| Kelli J Armstrong | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Chris Barbin | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Lisa B Barry | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Andrea C Bueschel | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Erica Bullard | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Ann E Bushmiller | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Gregory A Ehret | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Katherine Segal Frekko | Board Member | 1 |
Officer
Director
|
$0 | $0 | $0 |
| John D Gillespie | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Karen A Gordon | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Evelynn M Hammonds | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Erik O Jarnryd | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Stacey L Kelly | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| David W Longdon III | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Mark D Mandel | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Lance Matthiesen | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Judith B Miller | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Terrence J Murray | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Stacey A Rizza | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Benjamin E Robinson III | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Michelle A Rosenberg | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| John T Rossello Jr | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Jeremy M Sclar | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Emma Sprague | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Anne K Wade | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Melissa Wilcox Yanagi | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Jean P Wilson | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Garth A L Timoll | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Lisa Utzschneider | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $192,073,209 | $179,471,899 | $880,484,919 | $12,601,310 |
| 2022 | $197,954,547 | $172,460,011 | $873,174,669 | $25,494,536 |
| 2021 | $193,955,130 | $162,267,792 | $890,076,823 | $31,687,338 |
| 2020 | $168,150,974 | $156,245,987 | $741,026,963 | $11,904,987 |
| 2019 | $184,516,788 | $158,699,761 | $674,304,330 | $25,817,027 |
| 2018 | $163,103,162 | $152,208,703 | $655,746,273 | $10,894,459 |
Compare PRESIDENT AND TRUSTEES OF BATES COLLEGE with other nonprofits in Maine and across the country.