WORCESTER POLYTECHNIC INSTITUTE (EIN 042121659) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1865

Legal Domicile

Principal Officer

JINLIU WANG

Phone

5088315000

Tax Period

2024-07-01 to 2025-06-30

WORCESTER POLYTECHNIC INSTITUTE, founded in 1865, is a major nonprofit that reported $529.4M in total revenue in fiscal year 2024.

Mission

WORCESTER POLYTECHNIC INSTITUTE WAS FOUNDED IN 1865 TO CREATE AND CONVEY (CONTINUED ON SCHEDULE O) THE LATEST SCIENCE AND ENGINEERING KNOWLEDGE IN WAYS THAT ARE MOST BENEFICIAL FOR SOCIETY.FORM 990, PART V, LINE 1A:THE 7,781 REPORTED ON THIS LINE INCLUDES THE FOLLOWING:1098-T'S: 7,0111099 NEC: 3971099 MISC: 3681099-K'S: 5

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,187,739

Program Service Revenue $490,295,589

Investment Income $12,697,778

Other Revenue $1,247,888

TOTAL REVENUE $529,428,994

Expense Breakdown

Grants Paid $169,125,759

Salaries & Benefits $209,761,386

Fundraising Expenses $9,437,272

Program Expenses $447,854,500

Other Expenses $160,338,639

TOTAL EXPENSES $539,287,317

Year-over-Year Comparison

	2024	2023	Change
Revenue	$529,428,994	$490,769,899	+0.1%
Expenses	$539,287,317	$505,318,915	+0.1%
Net Income	$-9,858,323	$-14,549,016	-0.3%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

4536

Volunteers

522

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

$2,876,534

Total Directors

$1,122,817

Key Employees

$1,104,344

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JINLIU WANG	PRESIDENT	40.00	Officer Director	$995,961	$126,856	$1,122,817
WILLIAM FITZGERALD	CHAIR & TRUSTEE	2.00	Officer Director	$0	$0	$0
JOYCE KLINE	VICE CHAIR & TRUSTEE	2.00	Officer Director	$0	$0	$0
STEPHEN RUSCKOWSKI	VICE CHAIR & TRUSTEE	2.00	Officer Director	$0	$0	$0
MICHAEL ASPINWALL	TRUSTEE	2.00	Director	$0	$0	$0
LORRAINE BOLSINGER	TRUSTEE	2.00	Director	$0	$0	$0
LINWOOD BRADFORD	TRUSTEE	2.00	Director	$0	$0	$0
MARNI HALL	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT HART	TRUSTEE	2.00	Director	$0	$0	$0
STUART KAZIN	TRUSTEE	2.00	Director	$0	$0	$0
DAVID LAPRE	TRUSTEE	2.00	Director	$0	$0	$0
CARLEEN MAITLAND	TRUSTEE	2.00	Director	$0	$0	$0
ERICA MASON	TRUSTEE	2.00	Director	$0	$0	$0
MAUREEN MCCAFFREY	TRUSTEE	2.00	Director	$0	$0	$0
NEIL MCDONOUGH	TRUSTEE	2.00	Director	$0	$0	$0
PATRICIA NEWCOMER-SMALL	TRUSTEE	2.00	Director	$0	$0	$0
GEORGE OLIVER	TRUSTEE	2.00	Director	$0	$0	$0
NATALIA PAVLOVA	TRUSTEE (AS OF 11/2024)	2.00	Director	$0	$0	$0
ELIZABETH PHALEN	TRUSTEE	2.00	Director	$0	$0	$0
JAMES F POLEWACZYK	TRUSTEE (AS OF 11/2024)	2.00	Director	$0	$0	$0
MARK RUSSELL	TRUSTEE	2.00	Director	$0	$0	$0
ELIZABETH SCHWEINSBERG	TRUSTEE	2.00	Director	$0	$0	$0
NAVJOT SINGH	TRUSTEE	2.00	Director	$0	$0	$0
CHARTSIRI SOPHONPANICH	TRUSTEE (AS OF 05/2025)	2.00	Director	$0	$0	$0
JOAN BOLDUC SZKUTAK	TRUSTEE	2.00	Director	$0	$0	$0
GREG TUCKER	TRUSTEE (AS OF 05/2025)	2.00	Director	$0	$0	$0
MYLES WALTON	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER WYSE	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL HORAN	TREASURER, EXECUTIVE VP & CFO	40.00	Officer	$589,073	$55,294	$644,367
DAVID BUNIS	SEC. & GEN COUNSEL (THRU 01/2025)	40.00	Officer	$552,517	$36,619	$589,136
KYLE SIEGEL	AVP, CHIEF OF STAFF & DEP. SECR.	40.00	Officer	$228,255	$39,671	$267,926
ELIZABETH CLAPP	ASSOC TREAS. & CONTROLL (THRU 12/24)	40.00	Officer	$193,879	$58,409	$252,288
MEGAN BELMORE	CONTROLLER & ASST TREAS (AS OF 4/25)	40.00	Officer	$0	$0	$0
PHILIP CLAY	VP STUDENT AFFAIRS	40.00	Key Emp	$456,071	$45,285	$501,356
ARTHUR HEINRICHER	INTERIM PROVOST (THRU 07/2024)	40.00	Key Emp	$309,939	$42,502	$352,441
ANDREW SEARS	PROVOST (AS OF 08/2024)	40.00	Key Emp	$222,478	$28,069	$250,547
LAUREN TURNER	SVP TALENT & INCLUSION, CDO	40.00	Highest	$551,271	$60,667	$611,938
DONNA STOCK	VP UNIV ADV (THRU 02/2025)	40.00	Highest	$461,131	$43,498	$504,629
VIJAY MENTA	PRES. INFO. TECH. & CIO	40.00	Highest	$353,745	$43,841	$397,586
JEAN KING	DEAN OF ARTS & SCIENCES	40.00	Highest	$364,864	$59,379	$424,243
BOGDAN VERNESCU	VP & VICE PROV. RESEARCH & INNOV.	40.00	Highest	$378,752	$47,366	$426,118

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	$529,428,994	$539,287,317	$1,434,918,284	$-9,858,323
2024	No data	No data	No data	No data
2023	$462,672,181	$483,023,410	$1,319,474,615	$-20,351,229
2022	$444,871,646	$445,496,296	$1,250,809,748	$-624,650
2021	$398,152,961	$398,514,619	$1,309,104,658	$-361,658
2020	$384,496,935	$390,932,284	$1,164,375,963	$-6,435,349
2019	$374,112,282	$378,667,852	$1,024,893,080	$-4,555,570
2018	$328,612,535	$340,939,297	$1,017,130,657	$-12,326,762

WORCESTER POLYTECHNIC INSTITUTE