RICHMOND THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON INC

EIN: 061395640 501(c)(3)

NASHVILLE, TN

Total Revenue
$22,970,075
Total Expenses
$30,947,174
Total Assets
$12,185,103
Net Assets
$-45,003,067
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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
1972
Legal Domicile
DE
Principal Officer
VANESSA CARRERAS
Phone
6154166840
Tax Period
2023-07-01 to 2024-06-30

RICHMOND THE AMERICAN INTERNATIONAL UNIVERSITY IN LONDON INC, founded in 1972, is a mid-sized nonprofit that reported $23.0M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $30.9M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO EDUCATE AND INFORM FUTURE GENERATIONS BY PROVIDING THEM WITH THE KNOWLEDGE AND SUPPORT TO THINK CRITICALLY, THE FREEDOM TO CHALLENGE ASSUMPTIONS AND THE SKILLS TO WORK WITH OTHERS.

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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 $232,486
Program Service Revenue $22,677,978
Investment Income $0
Other Revenue $59,611
TOTAL REVENUE $22,970,075

Expense Breakdown

Grants Paid $3,860,799
Salaries & Benefits $8,101,495
Fundraising Expenses $0
Program Expenses $25,211,083
Other Expenses $18,984,880
TOTAL EXPENSES $30,947,174

Year-over-Year Comparison

2023 2022 Change
Revenue $22,970,075 $17,007,506 +0.4%
Expenses $30,947,174 $31,845,125 0.0%
Net Income $-7,977,099 $-14,837,619 -0.5%
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
11
Independent Members
9
Employees
201
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
9
$1,563,007
Total Directors
12
$505,293
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PROF PHILIP DEANS PRESIDENT & VICE CHANCELLO 35.00
Officer Director
$325,553 $0 $325,553
DR WILLIAM DURDEN TRUSTEE 1.00
Director
$0 $0 $0
CAROLINE DELANEY TRUSTEE 1.00
Director
$0 $0 $0
MARGUERITE DENNIS TRUSTEE 1.00
Director
$0 $0 $0
JUDITH EATON TRUSTEE 1.00
Director
$0 $0 $0
AMARJEET HANS TRUSTEE 1.00
Director
$0 $0 $0
PROF FUTAO HUANG TRUSTEE 1.00
Director
$0 $0 $0
DR JANET ILIEVA TRUSTEE 1.00
Director
$0 $0 $0
IAN LERONI TRUSTEE 1.00
Director
$0 $0 $0
DR MICHAEL MESSNER TRUSTEE 1.00
Director
$0 $0 $0
KELLY COATE TRUSTEE 35.00
Officer Director
$179,740 $0 $179,740
QING MIAO TRUSTEE 1.00
Director
$0 $0 $0
YING KAY DEPUTY VICE CHANCELLOR, FI 35.00
Officer
$209,416 $0 $209,416
PROFESSOR SABINE SPANGENBERG DEPUTY PROVOST FOR FACULTY 35.00
Officer
$142,510 $0 $142,510
DOMINIC ALESSIO VP OF INTERNATIONAL PROGRA 35.00
Officer
$116,619 $0 $116,619
SUKHVINDA CHONK VP OF MARKETING, RECRUITME 35.00
Officer
$132,969 $0 $132,969
DEAN MORLEY DIRECTOR OF HUMAN RESOURCE 35.00
Officer
$152,296 $0 $152,296
DR ALLISION COLE-STUTZ VP & PRO VICE CHANCELLOR S 35.00
Officer
$175,972 $0 $175,972
STEPHANIE PARR REGISTRAR & DEPUTY PROVOST 35.00
Officer
$127,932 $0 $127,932
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 $22,970,075 $30,947,174 $12,185,103 $-7,977,099
2023 $17,007,506 $31,845,125 $12,502,799 $-14,837,619
2022 $17,482,423 $30,876,987 $11,758,317 $-13,394,564
2021 $18,846,780 $30,004,706 $5,650,509 $-11,157,926
2020 $34,294,395 $34,619,245 $9,314,129 $-324,850
2019 $38,995,133 $38,852,158 $12,137,193 $142,975
2018 $36,439,236 $34,903,021 $12,344,741 $1,536,215
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