SUFFOLK UNIVERSITY

EIN: 042133255 501(c)(3) Education

BOSTON, MA

Total Revenue
$358,649,290
Total Expenses
$386,457,209
Total Assets
$891,512,276
Net Assets
$284,708,194
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1914
Legal Domicile
MA
Principal Officer
MARISA KELLY
Phone
6175738400
Tax Period
2024-07-01 to 2025-06-30

SUFFOLK UNIVERSITY, founded in 1914, is a major nonprofit in the Education sector that reported $358.6M in total revenue in fiscal year 2024.

Mission

DESCRIPTION OF ORGANIZATION MISSION: AT SUFFOLK UNIVERSITY WE ARE DRIVEN BY THE POWER OF EDUCATION, INCLUSION, AND ENGAGEMENT TO CHANGE LIVES AND POSITIVELY IMPACT COMMUNITIES. COMMITTED TO EXCELLENCE, WE PROVIDE STUDENTS WITH EXPERIENTIAL AND TRANSFORMATIONAL LEARNING OPPORTUNITIES THAT BEGIN IN THE CENTER OF BOSTON, REACH ACROSS THE GLOBE, AND LEAD TO EXTRAORDINARY OUTCOMES FOR OUR GRADUATES.

Program Service Accomplishments

Program 1
Expenses: $149,753,112 Revenue: $156,741,916

THE COLLEGE OF ARTS AND SCIENCES PREPARES STUDENTS OF ALL AGES AND BACKGROUNDS TO LIVE MORE FULFILLING LIVES, TO APPRECIATE AND CONTRIBUTE TO THE COMMUNITIES OF WHICH THEY ARE MEMBERS AND TO REACH...

Read more

THE COLLEGE OF ARTS AND SCIENCES PREPARES STUDENTS OF ALL AGES AND BACKGROUNDS TO LIVE MORE FULFILLING LIVES, TO APPRECIATE AND CONTRIBUTE TO THE COMMUNITIES OF WHICH THEY ARE MEMBERS AND TO REACH THEIR ETHICAL, PERSONAL, INTELLECTUAL AND FINANCIAL GOALS. TO HELP ITS STUDENTS MAXIMIZE THEIR POTENTIAL, THE COLLEGE EMPHASIZES CRITICAL AND ANALYTICAL THINKING THROUGH A RIGOROUS "SUCCESS SKILLS" UNDERGRADUATE CORE PROGRAM IN WRITTEN AND ORAL COMMUNICATION, COMPUTING, ANALYZING, AND INTEGRATING. FACULTY SCHOLARSHIP SUPPORTS DIVERSIFIED LIBERAL ARTS CONCENTRATIONS AVAILABLE IN THE HUMANITIES, THE NATURAL SCIENCES AND THE SOCIAL SCIENCES, ALONG WITH GRADUATE PROGRAMS IN SEVERAL FIELDS, MOST OFFERING CAREER-RELATED PROFESSIONAL PROGRAM TRACKS AND PRACTICAL EXPERIENCE ON OR OFF CAMPUS. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

Program 2
Expenses: $108,199,689 Revenue: $101,768,340

THE SAWYER BUSINESS SCHOOL (SBS) CREATES A LEARNING ENVIRONMENT THAT ENABLES STUDENTS TO EMERGE AS SUCCESSFUL LEADERS IN THE PRACTICE OF GLOBAL BUSINESS AND PUBLIC SERVICES. THE SBS VALUES EXCELLENCE...

Read more

THE SAWYER BUSINESS SCHOOL (SBS) CREATES A LEARNING ENVIRONMENT THAT ENABLES STUDENTS TO EMERGE AS SUCCESSFUL LEADERS IN THE PRACTICE OF GLOBAL BUSINESS AND PUBLIC SERVICES. THE SBS VALUES EXCELLENCE IN EDUCATION AND RESEARCH, AND WORKS WITH ITS STUDENTS, ALUMNI, AND BUSINESS PARTNERS TO ACHIEVE THEIR GOALS. THE PROGRAMS ARE BUILT ON THE CORE VALUES OF PROMOTING OPPORTUNITY, EXCELLENCE, QUALITY TEACHING, INCLUSION AND COLLABORATION, AND EXCEPTIONAL SERVICE. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

Program 3
Expenses: $70,575,034 Revenue: $70,663,115

THE LAW SCHOOL IS DEDICATED TO WELCOMING STUDENTS FROM ALL BACKGROUNDS AND CIRCUMSTANCES AND EDUCATING THEM TO BECOME HIGHLY SKILLED AND ETHICAL LAWYERS WHO ARE WELL-PREPARED TO SERVE IN THEIR LOCAL...

Read more

THE LAW SCHOOL IS DEDICATED TO WELCOMING STUDENTS FROM ALL BACKGROUNDS AND CIRCUMSTANCES AND EDUCATING THEM TO BECOME HIGHLY SKILLED AND ETHICAL LAWYERS WHO ARE WELL-PREPARED TO SERVE IN THEIR LOCAL COMMUNITIES, ACROSS THE NATION, AND AROUND THE WORLD. THE LAW SCHOOL SEEKS TO DEVELOP IN ITS STUDENTS THE SKILLS NECESSARY TO SERVE THE PROFESSION'S CHANGING NEEDS IN AN INCREASINGLY DIVERSE, GLOBAL, AND TECHNOLOGICALLY-DEPENDENT SOCIETY. THE LAW SCHOOL'S GOAL IS TO PROVIDE ITS STUDENTS WITH ACCESS TO AN EXCELLENT LEGAL EDUCATION, INSPIRE A COMMITMENT TO JUSTICE, AND PROVIDE ITS GRADUATES THE OPPORTUNITY TO ACHIEVE THEIR CAREER ASPIRATIONS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,857,079
Program Service Revenue $328,946,895
Investment Income $7,809,960
Other Revenue $8,035,356
TOTAL REVENUE $358,649,290

Expense Breakdown

Grants Paid $132,611,373
Salaries & Benefits $146,234,231
Fundraising Expenses $2,883,912
Program Expenses $328,527,835
Other Expenses $107,611,605
TOTAL EXPENSES $386,457,209

Year-over-Year Comparison

2024 2023 Change
Revenue $358,649,290 $352,261,784 +0.0%
Expenses $386,457,209 $388,413,222 0.0%
Net Income $-27,807,919 $-36,151,438 -0.2%
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

Sign In

Governance

Voting Members
26
Independent Members
25
Employees
3334
Volunteers
701

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
6
$2,200,841
Total Directors
30
$964,487
Key Employees
8
$3,266,444
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARISA KELLY PRESIDENT, EX-OFFICIO TRUSTEE 50.00
Officer Director
$888,855 $75,632 $964,487
ROBERT C LAMB JR TRUSTEE/CHAIR 1.00
Director
$0 $0 $0
TAMELA BAILEY TRUSTEE 1.00
Director
$0 $0 $0
DANNY BEST TRUSTEE 1.00
Director
$0 $0 $0
PATRICK COEHLO TRUSTEE 1.00
Director
$0 $0 $0
SUSAN CONNELLY TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH DELISI TRUSTEE 1.00
Director
$0 $0 $0
MARIA DIPIETRO TRUSTEE 1.00
Director
$0 $0 $0
DARREN DONOVAN TRUSTEE (UNTIL 2/4/2025) 1.00
Director
$0 $0 $0
JEFFREY DRAGO TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINE GARVEY TRUSTEE 1.00
Director
$0 $0 $0
ERNST GUERRIER TRUSTEE 1.00
Director
$0 $0 $0
HIND HABBACH TRUSTEE (UNTIL 6/13/2025) 1.00
Director
$0 $0 $0
MICHAEL JAMES TRUSTEE 1.00
Director
$0 $0 $0
PATRICK JORDAN TRUSTEE 1.00
Director
$0 $0 $0
ROBYN LAUKIEN TRUSTEE 1.00
Director
$0 $0 $0
KONSTANTINOS LIGRIS TRUSTEE 1.00
Director
$0 $0 $0
MANUEL LOPES TRUSTEE 1.00
Director
$0 $0 $0
JANE MANCINI TRUSTEE 1.00
Director
$0 $0 $0
STACY MILLS TRUSTEE 1.00
Director
$0 $0 $0
THE HONORABLE AMY NECHTEM TRUSTEE/VICE CHAIR (UNTIL 6/13/25) 1.00
Director
$0 $0 $0
SUSAN RUGNETTA TRUSTEE (UNTIL 6/13/25) 1.00
Director
$0 $0 $0
DOROTHY SAVARESE TRUSTEE/VICE CHAIR (EFF. 6/13/25) 1.00
Director
$0 $0 $0
MARIE-LOUISE SKAFTE TRUSTEE/SECRETARY 1.00
Director
$0 $0 $0
LARRY SMITH TRUSTEE (UNTIL 10/15/24) 1.00
Director
$0 $0 $0
JOSEPH SULLIVAN TRUSTEE 1.00
Director
$0 $0 $0
MARK SULLIVAN TRUSTEE 1.00
Director
$0 $0 $0
KENNETH TAUBES TRUSTEE 1.00
Director
$0 $0 $0
BRAYDEN VARR TRUSTEE 1.00
Director
$0 $0 $0
CAROL SAWYER PARKS LIFE TRUSTEE 1.00
Director
$0 $0 $0
DONNA GRAND PRE SVP/ENROLLMENT 50.00
Officer
$284,456 $64,516 $348,972
JOHN NUCCI SVP/GOV'T & COMMUNITY AFFAIRS 50.00
Officer
$268,726 $23,677 $292,403
MICHELLE QUINLAN CFO/TREASURER (UNITL FEB. 2025) 50.00
Officer
$341,163 $68,727 $409,890
RICK OCHES PROVOST (AS OF 8/1/24) 50.00
Officer
$164,557 $20,532 $185,089
BARBARA MATEZ CFO/TREASURER (AS OF FEB. 2025) 50.00
Officer
$0 $0 $0
ANDREW PERLMAN DEAN, LAW SCHOOL 50.00
Key Emp
$455,318 $82,813 $538,131
AMY ZENG DEAN, SAWYER BUSINESS SCHOOL 50.00
Key Emp
$394,258 $47,123 $441,381
THOMAS DORER GENERAL COUNSEL 50.00
Key Emp
$319,994 $79,655 $399,649
GREGOR GATLIN VP/MARKETING & COMMUNICATION 50.00
Key Emp
$312,125 $70,211 $382,336
BORIS LAZIC VP OF ADMINISTRATION 50.00
Key Emp
$346,438 $33,088 $379,526
LAURA FERRARI VP OF STUDENT AFFAIRS 50.00
Key Emp
$279,107 $59,609 $338,716
EDIE SPARKS DEAN, COLLEGE ARTS AND SCIENCE 50.00
Key Emp
$306,371 $54,601 $360,972
KARIN KLIMM VP OF ADVANCEMENT 50.00
Key Emp
$347,745 $77,988 $425,733
CHRISTOPHER GIBSON PROFESSOR 50.00
Highest
$221,821 $55,366 $277,187
PATRICK SHIN VICE DEAN, LAW SCHOOL 50.00
Highest
$229,586 $33,989 $263,575
ABU JALAL PROFESSOR 50.00
Highest
$235,370 $60,261 $295,631
KATHY VINSON PROFESSOR 50.00
Highest
$221,571 $18,513 $240,084
STEVEN FERREY PROFESSOR 50.00
Highest
$223,274 $62,201 $285,475
JULIE SANDELL FORMER PROVOST 50.00
$315,139 $27,491 $342,630
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 $358,649,290 $386,457,209 $891,512,276 $-27,807,919
2024 No data No data No data No data
2023 $338,957,398 $370,498,553 $789,643,941 $-31,541,155
2022 $381,571,833 $340,041,813 $797,236,174 $41,530,020
2021 $328,281,555 $335,040,526 $875,177,190 $-6,758,971
2020 $330,486,660 $339,198,652 $761,945,804 $-8,711,992
2019 $330,144,580 $329,680,423 $710,224,267 $464,157
2018 $316,114,604 $301,497,986 $719,297,237 $14,616,618
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SUFFOLK UNIVERSITY with other nonprofits in Massachusetts and across the country.