HOBART AND WILLIAM SMITH COLLEGES

EIN: 160743040 501(c)(3) Education

GENEVA, NY

Total Revenue
$148,635,041
Total Expenses
$169,572,497
Total Assets
$419,967,529
Net Assets
$341,647,792
🔒

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
1943
Legal Domicile
NY
Principal Officer
MR MARK D GEARAN
Phone
3157813337
Tax Period
2022-07-01 to 2023-06-30

HOBART AND WILLIAM SMITH COLLEGES, founded in 1943, is a major nonprofit in the Education sector that reported $148.6M in total revenue in fiscal year 2022. Revenue decreased 17% compared to the prior year. Expenses of $169.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE A STUDENT-CENTERED ENVIRONMENT GROUNDED IN THE VALUES OF EQUITY AND SERVICE.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $22,091,911
Program Service Revenue $119,079,858
Investment Income $7,461,126
Other Revenue $2,146
TOTAL REVENUE $148,635,041

Expense Breakdown

Grants Paid $63,260,847
Salaries & Benefits $52,687,946
Fundraising Expenses $4,226,927
Program Expenses $148,884,270
Other Expenses $53,623,704
TOTAL EXPENSES $169,572,497

Year-over-Year Comparison

2022 2021 Change
Revenue $148,635,041 $179,596,964 -0.2%
Expenses $169,572,497 $162,105,656 +0.0%
Net Income $-20,937,456 $17,491,308 -2.2%
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
35
Independent Members
34
Employees
1688
Volunteers
2528

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
7
$721,681
Total Directors
37
$358,897
Key Employees
1
$358,767
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASSANDRA NAYLOR BROOKS TRUSTEE/VICE CHAIR 5.00
Officer Director
$0 $0 $0
CALVIN R CARVER JR TRUSTEE/TREASURER 5.00
Officer Director
$0 $0 $0
JAMES B ROBINSON TRUSTEE/SECRETARY 5.00
Officer Director
$0 $0 $0
CRAIG R STINE TRUSTEE/CHAIR 5.00
Officer Director
$0 $0 $0
LINDA D ARRINGTON TRUSTEE 2.00
Director
$0 $0 $0
EDWARD R COOPER TRUSTEE 2.00
Director
$0 $0 $0
ANDREW L GAINES TRUSTEE 2.00
Director
$0 $0 $0
AILEEN DIVINEY GLEASON TRUSTEE 2.00
Director
$0 $0 $0
JOHN J HOGAN III TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM A MARGILOFF TRUSTEE 2.00
Director
$0 $0 $0
SCOTT J MASON TRUSTEE 2.00
Director
$0 $0 $0
HERBERT J MCCOOEY JR TRUSTEE 2.00
Director
$0 $0 $0
ANDREW G MCMASTER JR TRUSTEE 2.00
Director
$0 $0 $0
ALLISON MORROW TRUSTEE 2.00
Director
$0 $0 $0
DR RICHARD SOLOMON TRUSTEE 2.00
Director
$0 $0 $0
ERIC J STEIN TRUSTEE 2.00
Director
$0 $0 $0
JOSEPH C STEIN TRUSTEE 2.00
Director
$0 $0 $0
SAMUEL A STERN TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM T WHITAKER JR TRUSTEE 2.00
Director
$0 $0 $0
WARREN K ZOLA TRUSTEE 2.00
Director
$0 $0 $0
DR MARGUERITTE MURPHY TRUSTEE 2.00
Director
$0 $0 $0
JOSEPHINE GRAYSON TRUSTEE 2.00
Director
$0 $0 $0
JEREMY A COONEY ESQ TRUSTEE 2.00
Director
$0 $0 $0
DR PAULA MILTENBERGER TRUSTEE 2.00
Director
$0 $0 $0
MEHRNAZ VAHID-AHDIEH TRUSTEE 2.00
Director
$0 $0 $0
STEPHEN WONG TRUSTEE 2.00
Director
$0 $0 $0
DR RICHARD L WASSERMAN TRUSTEE 2.00
Director
$0 $0 $0
MARK GEARAN PRESIDENT, AS OF JULY, 2022 50.00
Officer Director
$263,245 $29,237 $292,482
ZAHEER BOWEN STUDENT TRUSTEE, THROUGH MAY 2023 2.00
Director
$1,152 $25,000 $26,152
DR KIRRA GUARD TRUSTEE 2.00
Director
$0 $0 $0
RT REV STEPHEN LANE TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL E RAWLINS TRUSTEE 2.00
Director
$0 $0 $0
JULIE BAZAN D'ANGELO TRUSTEE 2.00
Director
$0 $0 $0
LUDWIG P GAINES TRUSTEE 2.00
Director
$0 $0 $0
GARRETT A MATHIESON ENDED AUGUST 22 TRUSTEE 2.00
Director
$0 $0 $0
TERESA AMOTT TRUSTEE 2.00
Director
$0 $0 $0
IRINI KONSTANTINOU STUDENT TRUSTEE, THROUGH MAY 2023 2.00
Director
$2,263 $38,000 $40,263
LOUIS GUARD GEN COUNSEL & ASST SEC 50.00
Officer
$175,123 $14,690 $189,813
MARK EDWARDS VP FINANCE & ADMINISTRATION/ CFO 50.00
Officer
$205,919 $33,467 $239,386
SARAH KIRK PROVOST 50.00
Key Emp
$270,413 $88,354 $358,767
ROBERT O'CONNOR VP INSTITUTIONAL ADVANCEME 50.00
Highest
$258,607 $104,973 $363,580
ALFRED DAMIANO VP STRATEGIC INITIATIVES 50.00
Highest
$216,154 $37,710 $253,864
CATHERINE WILLIAMS VP MARKETING/COMMUNICATION 50.00
Highest
$220,652 $20,675 $241,327
BECCA BARILE ASSOC. VP AND DEAN OF STUD 50.00
Highest
$179,186 $55,704 $234,890
JAMIE MAKINSTER ASSOCIATE PROVOST 50.00
Highest
$158,259 $16,097 $174,356
JOYCE P JACOBSEN PRESIDENT, THROUGH JULY, 2022 50.00
$664,996 $46,860 $711,856
CAROLEE WHITE FORMER VP FIN&ADMIN & ASST. TREAS 50.00
$235,342 $31,247 $266,589
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 No data No data No data No data
2023 $148,635,041 $169,572,497 $419,967,529 $-20,937,456
2022 $179,596,964 $162,105,656 $429,979,096 $17,491,308
2021 $164,697,451 $152,172,651 $492,561,526 $12,524,800
2020 $162,311,021 $162,452,019 $410,660,089 $-140,998
2019 $163,264,763 $172,588,397 $408,333,068 $-9,323,634
2018 $178,113,378 $169,317,971 $417,824,892 $8,795,407
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOBART AND WILLIAM SMITH COLLEGES with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.