PROVIDENCE, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROVIDENCE COLLEGE, founded in 1917, is a major nonprofit in the Education sector that reported $423.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $409.4M left a modest 3% surplus.
SOME COACHES AND OFFICERS TRAVEL ON CHARTER FLIGHTS AS PART OF THEIR RESPONSIBILITIES. THIS TRAVEL IS CONSIDERED DIRECTLY RELATED TO THE COLLEGE'S BUSINESS PURPOSE AND THUS NOT TREATED AS TAXABLE COMPENSATION. OFFICERS OF THE COLLEGE, WHO ARE MEMBERS OF THE DOMINICAN FRIARS, A CATHOLIC RELIGIOUS ORDER, WERE PROVIDED WITH ON-CAMPUS HOUSING. THE HOUSING WAS NOT TREATED AS TAXABLE COMPENSATION. THE COLLEGE'S PRESIDENT, SOME OFFICERS, AND SOME COACHES WERE PROVIDED WITH SOCIAL CLUB MEMBERSHIPS PAID BY THE COLLEGE. THE MEMBERSHIP DUES PAID FOR THE PRESIDENT WERE EXLCUDED FROM HIS INCOME AS AN ORDINARY AND NECESSARY BUSINESS EXPENSE UNDER CODE 162. THE MEMBERSHIP DUES PAID FOR OFFICERS AND COACHES WERE TREATED AS TAXABLE COMPENSATION.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $423,738,758 | $383,926,251 | +0.1% |
| Expenses | $409,374,731 | $377,862,190 | +0.1% |
| Net Income | $14,364,027 | $6,064,061 | +1.4% |
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 |
|---|---|---|---|---|---|---|
| ANN MANCHESTER-MOLAK | EVP & TRUSTEE (THRU 1/25) | 40.00 |
Officer
Director
|
$491,272 | $60,307 | $551,579 |
| REV KENNETH R SICARD OP | PRESIDENT & TRUSTEE | 40.00 |
Officer
Director
|
$0 | $63,959 | $63,959 |
| REV THOMAS MORE GARRETT OP | EVP & COO (BEG 1/25) | 40.00 |
Officer
Director
|
$0 | $36,762 | $36,762 |
| REV FRANCIS BELANGER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DUANE M BOULIGNY | BOARD SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSEPH M CALABRIA JR | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KENNETH D CANESTRARI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN A CERVIONE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JAMES M CHIRICO JR | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| GREGORY S CHRISTENSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT J CLARK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| RUDOLPH CLINE-THOMAS | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM F CONCANNON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MAUREEN DAVENPORT CORCORAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| THOMAS P CORCORAN III | TRUSTEE (BEG 7/24) | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN P DAWLEY JR | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| COLLEEN M DUFFY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN M ESPER | BOARD V CHAIR/AUDIT COMM CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| HENRY C FOLEY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN GALLUCCI | TRUSTEE (BEG 7/24) | 2.00 |
Director
|
$0 | $0 | $0 |
| MOST REV RICHARD HENNING DDSTD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN J HOULIHAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DENNIS J LANGWELL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| TERESA A LAVOIE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MEGHAN C LYON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARTA V MARTINEZ | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| REV MICHAEL A MASCARI | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN R MCCARTHY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| VERY REV ALLEN MORAN | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDRE E OWENS ESQ | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| VERY REV THOMAS PETRI OP STD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN P QUIRK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER K REILLY | BOARD CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| VERY REV JORDAN SCHMIDT OP PHD | TRUSTEE (BEG 7/24) | 2.00 |
Director
|
$0 | $0 | $0 |
| JILL M SHAH | TRUSTEE (BEG 7/24) | 2.00 |
Director
|
$0 | $0 | $0 |
| MEGAN C SMITH | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| SHANNON SULLIVAN | TRUSTEE (BEG 7/24) | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL J TUCKER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER F VIRGULAK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK T VOLL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER J WALKER | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MONICA DENISE WOMACK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| STEVEN NAPOLILLO | VP & DIR OF ATHLETICS | 40.00 |
Officer
|
$660,165 | $63,879 | $724,044 |
| GREGORY WALDRON | SR VP INSTIT. ADVANCEMENT | 40.00 |
Officer
|
$553,479 | $70,514 | $623,993 |
| STEVEN SEARS | SR. VP STUDENT AFFAIRS | 40.00 |
Officer
|
$461,258 | $126,607 | $587,865 |
| JOHN SWEENEY | SR VP FINANCE/CFO | 40.00 |
Officer
|
$513,174 | $62,814 | $575,988 |
| KYLE MCINNIS | SR. ADVISOR TO PRES (THRU 12/24) | 40.00 |
Officer
|
$466,643 | $67,269 | $533,912 |
| SEAN REID | SR VP AC. AFF./PROV (THRU 8/24) | 40.00 |
Officer
|
$442,019 | $69,676 | $511,695 |
| CHRISTOPHER NERONHA | VP & GEN COUNSEL | 40.00 |
Officer
|
$437,217 | $47,903 | $485,120 |
| QUINCY BEVELY | VP INSTIT. DEI | 40.00 |
Officer
|
$271,514 | $59,202 | $330,716 |
| CHRISTINE ROBERTI | VP ADMIN & BOARD REL (BEG 1/25) | 40.00 |
Officer
|
$184,313 | $39,806 | $224,119 |
| REV KEVIN D ROBB OP | TREASURER | 40.00 |
Officer
|
$0 | $22,560 | $22,560 |
| KIM ENGLISH | MENS BBALL COACH | 40.00 |
Highest
|
$2,970,411 | $45,601 | $3,016,012 |
| NATHAN LEAMAN | MENS HOCKEY COACH | 40.00 |
Highest
|
$719,635 | $67,781 | $787,416 |
| ERIN BATTH | WOMEN'S BASKETBALL COACH | 40.00 |
Highest
|
$512,824 | $46,301 | $559,125 |
| SYLVIA MAXFIELD | DEAN SCHOOL OF BUSINESS | 40.00 |
Highest
|
$429,577 | $61,234 | $490,811 |
| NATE TOMLINSON | ASST MEN'S BBALL COACH (THRU 6/25) | 40.00 |
Highest
|
$386,106 | $56,760 | $442,866 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $423,738,758 | $409,374,731 | $1,128,884,296 | $14,364,027 |
| 2024 | No data | No data | No data | No data |
| 2023 | $372,863,038 | $349,671,951 | $1,044,258,281 | $23,191,087 |
| 2022 | $364,064,066 | $331,734,828 | $896,934,054 | $32,329,238 |
| 2021 | $327,751,899 | $301,852,279 | $914,914,351 | $25,899,620 |
| 2020 | $299,300,711 | $295,190,666 | $748,292,244 | $4,110,045 |
| 2019 | $316,611,289 | $294,015,376 | $753,499,934 | $22,595,913 |
| 2018 | $304,863,629 | $276,435,334 | $745,242,649 | $28,428,295 |
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