MARYMOUNT MANHATTAN COLLEGE

🔒

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

1961

Legal Domicile

Principal Officer

DR PETER NACCARATO

Phone

2125170400

Tax Period

2024-07-01 to 2025-06-30

MARYMOUNT MANHATTAN COLLEGE, founded in 1961, is a mid-sized nonprofit in the Education sector that reported $79.2M in total revenue in fiscal year 2024. Expenses of $100.4M exceeded revenue, resulting in a 27% operating deficit.

Mission

MARYMOUNT MANHATTAN COLLEGE IS AN URBAN, INDEPENDENT, LIBERAL ARTS COLLEGE (SEE SCHEDULE O).

Program Service Accomplishments

Program 1

Expenses: $69,447,102 Revenue: $62,211,090

INSTITUTIONAL PROGRAM ACTIVITIES: OFFERING ASSISTANCE TO STUDENTS IN NEED IS ESSENTIAL TO ACHIEVE THE COLLEGE'S GOAL TO SERVE A SOCIALLY AND ECONOMICALLY DIVERSE STUDENT BODY. MMC CURRENTLY EDUCATES OVER 1,500 FULL- AND PART-TIME STUDENTS REPRESENTING 46 STATES AND 13 COUNTRIES. APPROXIMATELY 40.6% OF OUR STUDENTS ARE MINORITIES, AND 12.4% ARE DEGREE-SEEKING RETURNING ADULTS. MMC STUDENTS CAN PURSUE DEGREES IN 36 MAJOR PROGRAMS OF STUDY, CHOOSE FROM AMONG 45 MINORS AND PRE-PROFESSIONAL PROGRAMS, HOLD INTERNSHIPS AT RENOWNED NEW YORK CITY COMPANIES, ENGAGE IN SOPHISTICATED RESEARCH PROJECTS, STUDY ABROAD, AND PARTICIPATE IN SERVICE-LEARNING OPPORTUNITIES. SEE SCHEDULE O.

Program 2

Expenses: $12,183,048 Revenue: $11,820,380

AUXILIARY SERVICES: DURING FISCAL YEAR 2025, APPROXIMATELY 630 STUDENTS MADE THEIR HOME AT MMC. THE 55TH STREET RESIDENCE IS THE FIRST-YEAR RESIDENCE HALL, CONTINUING STUDENTS LIVE AT THE COOPER...

AUXILIARY SERVICES: DURING FISCAL YEAR 2025, APPROXIMATELY 630 STUDENTS MADE THEIR HOME AT MMC. THE 55TH STREET RESIDENCE IS THE FIRST-YEAR RESIDENCE HALL, CONTINUING STUDENTS LIVE AT THE COOPER SQUARE RESIDENCE HALL. EACH HALL IS LOCATED WITHIN A 30 MINUTE COMMUTE OF THE COLLEGE AND STAFFED WITH 24-HOUR SECURITY. RESIDENCE DIRECTORS AND RESIDENT ADVISORS STRIVE TO CREATE A SENSE OF COMMUNITY BY PROVIDING EDUCATIONAL AND SOCIAL PROGRAMS. SEE SCHEDULE O.

Program 3

Expenses: $27,356 Revenue: $115,713

ACADEMIC ACCESS: THE PROGRAM FOR ACADEMIC ACCESS ADDRESSES MANY FUNDAMENTAL PRINCIPLES OF MARYMOUNT MANHATTAN'S MISSION. IT IS A PROGRAM FOR STUDENTS WITH LEARING DISABILITIES THAT IS SPECIFICALLY...

ACADEMIC ACCESS: THE PROGRAM FOR ACADEMIC ACCESS ADDRESSES MANY FUNDAMENTAL PRINCIPLES OF MARYMOUNT MANHATTAN'S MISSION. IT IS A PROGRAM FOR STUDENTS WITH LEARING DISABILITIES THAT IS SPECIFICALLY DESIGNED TO FOSTER ACADEMIC SUCCESS. THROUGH ACCOMODATIONS AND MULTIFACETED SUPPORT, STUDENTS WITH LEARNING DIFFICULTIES ARE ABLE TO MANAGE THE MARYMOUNT MANHATTAN CURRICULUM ALONG WITH THEIR PEERS AND CLASSMATES. SEE SCHEDULE O.

🔒

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 $3,370,888

Program Service Revenue $74,147,183

Investment Income $1,894,939

Other Revenue $-240,897

TOTAL REVENUE $79,172,113

Expense Breakdown

Grants Paid $30,051,650

Salaries & Benefits $32,881,349

Fundraising Expenses $1,522,605

Program Expenses $81,657,506

Other Expenses $37,442,970

TOTAL EXPENSES $100,375,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$79,172,113	$80,631,670	0.0%
Expenses	$100,375,969	$96,735,527	+0.0%
Net Income	$-21,203,856	$-16,103,857	+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

1023

Volunteers

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

$1,424,901

Total Directors

$456,141

Key Employees

$476,056

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER F NACCARATO	INTERIM PRESIDENT	35.00	Officer Director	$385,436	$70,705	$456,141
THOMAS NEDELL	TRUSTEE (AS OF 06/16/2025)	1.00	Director	$0	$0	$0
DIANE NISHIGAYA MACGILLIVRAY	TRUSTEE (AS OF 06/16/2025)	1.00	Director	$0	$0	$0
RANDI ADELSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA A AGNELLO	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
CAROL BERMAN	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
VALERIE A BROWN	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
STEVEN CODY	TRUSTEE, CHAIR (AS OF 06/16/2025)	1.00	Director	$0	$0	$0
HELEN DEMETRIOS	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
ABBY C FIORELLA	TRUSTEE, CHAIR (THRU 06/16/2025)	1.00	Officer Director	$0	$0	$0
KRISTINA STROH GIMBEL	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
MAUREEN C GRANT PHD	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
LISA TACHICK HOOPER	TRUSTEE	1.00	Director	$0	$0	$0
JOY D HOWELL MD	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
JOHN H HUNT	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
JAISHRI KAPOOR	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
BARBARA LYNCH LOUGHLIN	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
MARIELY MORONTA-SANCHEZ	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
CATHERINE M PATTEN RSHM	TRUSTEE, SECRETARY (THRU 06/16/2025)	1.00	Officer Director	$0	$0	$0
STACEY RYAN-CORNELIUS	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
MICHAEL G STEWART MD MPH	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
CECILIA TUDELA-MONTERO	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
CATHERINE VINCIE RSHM PHD	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
CLEVIE YOUNGBLOOD RSHM	TRUSTEE (THRU 06/16/2025)	1.00	Director	$0	$0	$0
KATHLEEN LANGAN	VP AA & DEAN OF FACULTY	35.00	Officer	$244,439	$43,052	$287,491
GRAHAM A CIRAULO	VP INSTITUTIONAL ADVANCEMENT	35.00	Officer	$187,914	$55,752	$243,666
WILLIAM D REUTER	INT VP FIN & ADMIN & CFO	35.00	Officer	$212,496	$19,883	$232,379
CHRISTINE SNEVA	AVP FOR ENROLLMENT MGMT CHIEF ENROLLMENT OFF	35.00	Officer	$185,567	$19,657	$205,224
KATHLEEN A LEBESCO	AVP FOR STRATEGIC INITIATIVES	35.00	Key Emp	$229,122	$24,216	$253,338
KURT JN MARIE	ASSOC. VP OF INFORMATION TECHNOLOGY	35.00	Key Emp	$185,138	$37,580	$222,718
BREE A BULLINGHAM	ASSOCIATE VP OF HUMAN RESOURCES	35.00	Highest	$178,414	$99,930	$278,344
DIANA ZAMBROTTA	ASSOC. VP CHIEF OPERATING OFFICER	35.00	Highest	$189,824	$55,671	$245,495
EMMALYN YAMRICK	DEAN OF STUDENTS	35.00	Highest	$174,403	$36,897	$211,300
RICHARD SHELDON	ASSOC. VP FOR ACADEMIC ADMIN.	35.00	Highest	$142,245	$32,745	$174,990
WILTON FRONTENETTE	ASST. VP OF DEVELOPMENT	35.00	Highest	$147,658	$24,357	$172,015

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	$79,172,113	$100,375,969	$123,877,229	$-21,203,856
2024	$80,631,670	$96,735,527	$132,190,110	$-16,103,857
2023	$83,592,341	$88,769,350	$143,981,068	$-5,177,009
2022	$101,014,024	$87,799,726	$162,377,913	$13,214,298
2021	$87,974,329	$81,462,387	$160,701,211	$6,511,942
2020	$102,629,216	$84,363,259	$133,739,534	$18,265,957
2019	$86,302,357	$84,725,972	$111,867,573	$1,576,385
2018	$85,800,627	$82,926,796	$114,035,333	$2,873,831