FAIRFIELD, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Fairfield University, founded in 1942, is a major nonprofit in the Education sector that reported $489.3M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $432.4M left a modest 12% surplus.
FAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $489,308,458 | $424,528,036 | +0.2% |
| Expenses | $432,418,916 | $384,746,576 | +0.1% |
| Net Income | $56,889,542 | $39,781,460 | +0.4% |
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 |
|---|---|---|---|---|---|---|
| MARK R NEMEC PHD | PRESIDENT | 45.0 |
Officer
Director
|
$825,357 | $134,563 | $959,920 |
| ANDREW J McMAHON | TRUSTEE (AS OF 7-1-2023) | 5.0 |
Director
|
$0 | $0 | $0 |
| BRIAN P HULL | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER C DESMARAIS | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER C QUICK | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| CLINTON A LEWIS JR | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| DAGAN T KASAVANA | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| DOUGLAS W HAMMOND | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| ELNER L MORRELL | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| GAVIN G O'CONNOR | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| HUGH DAVIS | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| JOHN C MEDITZ | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| JORGE A CHILUISA | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| KEVIN P CANNON | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| LISA M FERRARO | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| MARY RYAN CUNNINGHAM | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| MAUREEN ERRITY BUJNO | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| NANCY A ALTOBELLO | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| PATRICIA E GLASSFORD | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| PHILLIP J NEUGEBAUER | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| REV CHRISTOPHER J DEVRON SJ | TRUSTEE (AS OF 7-1-2023) | 5.0 |
Director
|
$0 | $0 | $0 |
| REV GREGORY A KALSCHEUR SJ | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| REV GREGORY M GOETHALS SJ | TRUSTEE (AS OF 7-1-2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| REV JOHN P MULREANY SJ | TRUSTEE (AS OF 7-1-2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| REV MARIO M POWELL SJ | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| ROBERT J MURPHY JR | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| ROSELLEN WALSH SCHNURR | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| SHEILA KEARNEY DAVIDSON | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| SHELAGH MAHONEY-MCNAMEE | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| STEPHEN M LESSING | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| THOMAS J FANNING SR | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| KRISTINE CARROLL | SECRETARY | 45.0 |
Officer
|
$76,248 | $61,957 | $138,205 |
| MICHAEL TRAFECANTE | VP FOR FINANCE, CFO & TREASURER | 45.0 |
Officer
|
$363,130 | $153,914 | $517,044 |
| CHRISTINE SIEGEL | PROVOST & SR VP ACADEMICS | 45.0 |
Key Emp
|
$508,514 | $82,320 | $590,834 |
| DAVID FRASSINELLI | VP OF FACILITIES, CAMPUS & AUXILIARY SERVICES | 45.0 |
Key Emp
|
$289,294 | $60,970 | $350,264 |
| JOANNE WILLIAMS | SR VP FOR FINANCE & ADMIN | 45.0 |
Key Emp
|
$457,186 | $52,843 | $510,029 |
| RICHARD GREENWALD | DEAN, SCHOOL OF CAS | 45.0 |
Key Emp
|
$284,468 | $75,973 | $360,441 |
| JOHN YOUNG | HEAD MBB COACH (end 10-16-2023) | 45.0 |
Highest
|
$1,061,638 | $63,003 | $1,124,641 |
| LAURIE MCCARTHY | Dean, School of Edu and Human Development (end 5-31-2023) | 45.0 |
Highest
|
$459,504 | $10,599 | $470,103 |
| PAUL SCHLICKMANN | VP OF ATHLETICS | 45.0 |
Highest
|
$378,940 | $84,707 | $463,647 |
| WALTER HALAS | VP OF ADVANCEMENT | 45.0 |
Highest
|
$414,525 | $74,892 | $489,417 |
| ZHAN LI | DEAN, SCHOOL OF BUSINESS | 45.0 |
Highest
|
$462,668 | $49,897 | $512,565 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $489,308,458 | $432,418,916 | $1,209,670,431 | $56,889,542 |
| 2023 | $424,528,036 | $384,746,576 | $1,146,008,194 | $39,781,460 |
| 2022 | $415,893,981 | $354,416,581 | $1,095,002,497 | $61,477,400 |
| 2021 | $341,786,596 | $329,252,732 | $1,075,022,921 | $12,533,864 |
| 2020 | $361,744,489 | $316,245,749 | $941,659,821 | $45,498,740 |
| 2019 | $378,413,525 | $310,876,943 | $950,209,678 | $67,536,582 |
| 2018 | $304,017,992 | $303,186,987 | $929,863,545 | $831,005 |
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