STERLING COLLEGE

EIN: 030197728 501(c)(3) Education

CRAFTSBURY COMMON, VT

Total Revenue
$9,107,124
Total Expenses
$8,760,471
Total Assets
$8,707,303
Net Assets
$6,483,338
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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
1958
Legal Domicile
VT
Principal Officer
SCOTT THOMAS
Phone
8025867711
Tax Period
2023-07-01 to 2024-06-30

STERLING COLLEGE, founded in 1958, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2023. Expenses of $8.8M left a modest 4% surplus.

Mission

STERLING COLLEGE IS DEEPLY COMMITTED TO ITS MISSION OF ADVANCING ECOLOGICAL THINKING AND ACTION. AS A PREMIER, ENVIRONMENTALLY FOCUSED LIBERAL ARTS COLLEGE, WE ARE STEADFAST IN OUR DEDICATION TO EDUCATION, SUSTAINABILITY, AND THE WELL-BEING OF BOTH THE PLANET AND ITS INHABITANTS. OUR EMPHASIS ON EXPERIENTIAL LEARNING AND REAL-WORLD APPLICATION HAS MADE US A LEADER IN FOSTERING TALENT DEDICATED TO CORRECTING ENVIRONMENTAL DEGRADATION. TO FULFILL THIS VISION, WE ARE ACTIVELY SEEKING QUALIFIED APPLICANTS WHO SHARE OUR COMMITMENT TO ENVIRONMENTAL STEWARDSHIP, EXPERIENTIAL PEDAGOGY, INTERDISCIPLINARY EDUCATION, AND COMMUNITY ENRICHMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,387,264
Program Service Revenue $3,513,317
Investment Income $162,296
Other Revenue $44,247
TOTAL REVENUE $9,107,124

Expense Breakdown

Grants Paid $3,287,548
Salaries & Benefits $2,426,221
Fundraising Expenses $200,658
Program Expenses $6,324,378
Other Expenses $3,046,702
TOTAL EXPENSES $8,760,471

Year-over-Year Comparison

2023 2022 Change
Revenue $9,107,124 $9,079,705 +0.0%
Expenses $8,760,471 $8,764,137 0.0%
Net Income $346,653 $315,568 +0.1%
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

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Governance

Voting Members
12
Independent Members
12
Employees
103
Volunteers
N/A

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
7
$297,624
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLISON HOOPER CHAIR 2.00
Officer Director
$0 $0 $0
SHERILYN PETERSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
ELLEN FALDUTO TREASURER 2.00
Officer Director
$0 $0 $0
WENDY KOENIG SECRETARY 2.00
Officer Director
$0 $0 $0
ERIC BECKER TRUSTEE/FORM 1.00
Officer Director
$0 $0 $0
CATHY BERRY TRUSTEE 1.00
Director
$0 $0 $0
PETER CHEHAYL TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER JANEWAY TRUSTEE 1.00
Director
$0 $0 $0
BILL JARVIS TRUSTEE 1.00
Director
$0 $0 $0
STEVEN THURSTON OLIVER TRUSTEE 1.00
Director
$0 $0 $0
HELEN OUELLETTE TRUSTEE 1.00
Director
$0 $0 $0
ALAN ROSS TRUSTEE 1.00
Director
$0 $0 $0
JO D SAFFEIR TRUSTEE 1.00
Director
$0 $0 $0
PETER SMITH TRUSTEE 1.00
Director
$0 $0 $0
CHIEF DON STEVENS TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL TESSLER TRUSTEE 1.00
Director
$0 $0 $0
SCOTT THOMAS PRESIDENT 40.00
Officer
$104,630 $7,707 $112,337
LORI COLLINS-HALL COO 40.00
Officer
$175,962 $9,325 $185,287
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 No data No data No data No data
2024 $9,107,124 $8,760,471 $8,707,303 $346,653
2023 $9,079,705 $8,764,137 $8,224,987 $315,568
2022 $9,298,193 $9,868,328 $7,952,564 $-570,135
2021 $9,817,486 $9,587,017 $8,938,081 $230,469
2020 $10,163,939 $9,312,188 $8,767,919 $851,751
2019 $10,360,268 $8,357,369 $8,003,819 $2,002,899
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