SAINT ANSELM COLLEGE

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1889

Legal Domicile

Principal Officer

DR JOSEPH A FAVAZZA

Phone

6036417000

Tax Period

2024-07-01 to 2025-06-30

SAINT ANSELM COLLEGE, founded in 1889, is a major nonprofit in the Education sector that reported $192.1M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $32.4M, a strong 17% operating margin.

Mission

SAINT ANSELM IS A CATHOLIC, BENEDICTINE COLLEGE PROVIDING ALL OF ITS STUDENTS A DISTINCTIVE LIBERAL ARTS EDUCATION THAT INCORPORATES OPPORTUNITIES FOR PROFESSIONAL AND CAREER PREPARATION. IT DOES SO IN A LEARNING COMMUNITY THAT ENCOURAGES THE LIFELONG PURSUIT OF THE TRUTH AND FOSTERS INTELLECTUAL, MORAL AND SPIRITUAL GROWTH TO SUSTAIN AND ENRICH ITS GRADUATES' PERSONAL LIVES, WORK, AND ENGAGEMENT WITHIN LOCAL, NATIONAL, AND GLOBAL COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $139,378,240 Revenue: $139,549,717

EDUCATIONAL SERVICES: SAINT ANSELM COLLEGE (THE COLLEGE), A NEW HAMPSHIRE NOT-FOR-PROFIT (VOLUNTARY) CORPORATION, IS A CATHOLIC LIBERAL ARTS COLLEGE IN THE BENEDICTINE TRADITION. THE COLLEGE WAS...

EDUCATIONAL SERVICES: SAINT ANSELM COLLEGE (THE COLLEGE), A NEW HAMPSHIRE NOT-FOR-PROFIT (VOLUNTARY) CORPORATION, IS A CATHOLIC LIBERAL ARTS COLLEGE IN THE BENEDICTINE TRADITION. THE COLLEGE WAS ESTABLISHED IN 1889. IT IS ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,351,547

Program Service Revenue $139,549,717

Investment Income $16,136,988

Other Revenue $47,019

TOTAL REVENUE $192,085,271

Expense Breakdown

Grants Paid $63,965,007

Salaries & Benefits $54,464,061

Fundraising Expenses $4,561,753

Program Expenses $139,378,240

Other Expenses $41,262,421

TOTAL EXPENSES $159,691,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$192,085,271	$166,770,004	+0.2%
Expenses	$159,691,489	$152,571,727	+0.0%
Net Income	$32,393,782	$14,198,277	+1.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

1407

Volunteers

150

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$969,664

Total Directors

$646,887

Key Employees

$994,363

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
F JOSEPH LOUGHREY	CHAIR	2.00	Officer Director	$0	$0	$0
MR JOHN B LAVELLE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
BRO ISAAC S MURPHY OSB	CHANCELLOR	1.00	Officer Director	$0	$0	$0
MR JAMES VAN HOOF ESQ	TREASURER	2.00	Officer Director	$0	$0	$0
MR MICHAEL J REIGEL	SECRETARY	1.00	Officer Director	$0	$0	$0
MS XILORLVETTE BERNAZZI	BOARD MEMBER (THRU 03/07/25)	1.00	Director	$0	$0	$0
MR GREG CEDRONE	BOARD MEMBER	1.00	Director	$0	$0	$0
MR DAVID COLLINS	BOARD MEMBER	1.00	Director	$0	$0	$0
MS SUSAN M CONNELLY	BOARD MEMBER	1.00	Director	$0	$0	$0
MR DANIEL DALY PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
MS JEANETTE M DAVILA	BOARD MEMBER	1.00	Director	$0	$0	$0
REV BERNARD W DISCO OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
MR ROBERT DUNN ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
REV MATHIAS D DURETTE OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
DR MARGARET A EMMONS	BOARD MEMBER	1.00	Director	$0	$0	$0
BRO DUNSTAN ENZOR OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
MS SHEILA O EVJY	BOARD MEMBER	1.00	Director	$0	$0	$0
MR KEVIN R FITZGERALD	BOARD MEMBER	1.00	Director	$0	$0	$0
REV JOHN FORTIN OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
SR ELINOR GARDNER	BOARD MEMBER (THRU 09/30/24)	1.00	Director	$0	$0	$0
MS BEVERLY GRAPPONE	BOARD MEMBER	1.00	Director	$0	$0	$0
DR SUSAN HORTON DNP	BOARD MEMBER	1.00	Director	$0	$0	$0
MS LORI HOYT-RIPA	BOARD MEMBER	1.00	Director	$0	$0	$0
MR ROGER JEAN	BOARD MEMBER	1.00	Director	$0	$0	$0
E ELON JOFFREE DMD MPH	BOARD MEMBER	1.00	Director	$0	$0	$0
REV AUGUSTINE G KELLY OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
MS ELIZABETH KELLY	BOARD MEMBER	1.00	Director	$0	$0	$0
MR IVAN LAMOURT	BOARD MEMBER	1.00	Director	$0	$0	$0
REV STEPHEN LAWSON OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
DR LAURENCE R MCCARTHY	BOARD MEMBER (THRU 09/30/24)	1.00	Director	$0	$0	$0
MR MATTHEW P O'CONNOR	BOARD MEMBER	1.00	Director	$0	$0	$0
MS JENNIFER PARENT	BOARD MEMBER	1.00	Director	$0	$0	$0
REV BENET C PHILLIPS OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
DR KARA PITT MD	BOARD MEMBER	1.00	Director	$0	$0	$0
MR DANIEL PUOPOLO	BOARD MEMBER	1.00	Director	$0	$0	$0
MR RONALD RENAUD JR	BOARD MEMBER (THRU 07/01/24)	1.00	Director	$0	$0	$0
MS LYNDSAY ROBINSON ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
MR RAY A ROTHROCK	BOARD MEMBER (THRU 09/30/24)	1.00	Director	$0	$0	$0
MR CHRIS SALAMONE ESQ	BOARD MEMBER	1.00	Director	$0	$0	$0
MR ROBERT F SAVARD	BOARD MEMBER	1.00	Director	$0	$0	$0
FR ANSELM SMEDILE OSB	BOARD MEMBER	1.00	Director	$0	$0	$0
MR MATTHEW J STEINAWAY	BOARD MEMBER	1.00	Director	$0	$0	$0
MS MARILOU WATSON	BOARD MEMBER (THRU 09/30/24)	1.00	Director	$0	$0	$0
MR WILLIAM WITHINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
DR JOSEPH FAVAZZA	PRESIDENT	40.00	Officer Director	$518,033	$128,854	$646,887
MR WILLIAM FURLONG	VP, FINANCE & CFO	40.00	Officer	$256,706	$66,071	$322,777
MR JAMES F FLANAGAN	SR. VP, COLLEGE ADVANCEMENT	40.00	Key Emp	$312,396	$117,869	$430,265
DR SHEILA LIOTTA	VP, ACADEMIC AFFAIRS	40.00	Key Emp	$250,259	$46,398	$296,657
MR STEVEN GOETSCH	VP, ENROLLMENT	40.00	Key Emp	$209,081	$58,360	$267,441
DR DIANE UZARSKI	DEAN, SCHOOL OF NURSING AND HEALTH SCIENCES	40.00	Highest	$235,563	$23,723	$259,286
MR STEVEN MCDEVITT	CHIEF INFORMATION OFFICER	40.00	Highest	$200,407	$22,549	$222,956
MR DARON MONTGOMERY	VP, ATHLETICS & ATHLETIC DIRECTOR (THRU 01/10/25)	40.00	Highest	$184,654	$55,610	$240,264
DR GARY BOUCHARD	PROFESSOR & DIR. HUMANITIES INSTITUTE	40.00	Highest	$173,552	$46,082	$219,634
DR MARK CRONIN	AVP, ACADEMIC AFFAIRS & ACADEMIC DEAN	40.00	Highest	$170,568	$51,822	$222,390
MR NEIL LEVESQUE	FORMER KE, EXEC DIR. NHIOP	40.00		$187,154	$56,064	$243,218
DR ALICIA FINN	VP, STUDENT AFF./FORMER HCE	40.00		$112,313	$17,504	$129,817

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$192,085,271	$159,691,489	$449,040,160	$32,393,782
2024	$166,770,004	$152,571,727	$380,089,499	$14,198,277
2023	$138,744,388	$139,905,029	$350,702,095	$-1,160,641
2022	$137,656,527	$134,529,288	$338,797,413	$3,127,239
2021	$145,234,388	$128,228,817	$372,219,645	$17,005,571
2020	$136,934,234	$130,642,683	$315,292,787	$6,291,551
2019	$130,404,048	$125,310,394	$318,205,012	$5,093,654
2018	$123,747,896	$120,553,792	$310,406,957	$3,194,104