WILLIAMSON COLLEGE OF THE TRADES

EIN: 231352691 501(c)(3) Education

MEDIA, PA

Total Revenue
$22,394,054
Total Expenses
$15,486,428
Total Assets
$258,182,166
Net Assets
$255,625,749
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1888
Legal Domicile
PA
Principal Officer
NANCY CATANIA
Phone
6105661776
Tax Period
2023-07-01 to 2024-06-30

WILLIAMSON COLLEGE OF THE TRADES, founded in 1888, is a mid-sized nonprofit in the Education sector that reported $22.4M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6.9M, a strong 31% operating margin.

Mission

TO PREPARE DESERVING YOUNG MEN TO BE RESPECTED LEADERS AND PRODUCTIVE MEMBERS OF SOCIETY.

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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 $12,105,357
Program Service Revenue $0
Investment Income $10,108,299
Other Revenue $180,398
TOTAL REVENUE $22,394,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,423,860
Fundraising Expenses $1,728,007
Program Expenses $10,142,331
Other Expenses $8,062,568
TOTAL EXPENSES $15,486,428

Year-over-Year Comparison

2023 2022 Change
Revenue $22,394,054 $39,431,523 -0.4%
Expenses $15,486,428 $13,794,235 +0.1%
Net Income $6,907,626 $25,637,288 -0.7%
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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Governance

Voting Members
22
Independent Members
22
Employees
148
Volunteers
150

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
5
$270,883
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN HATCH VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
WILLIAM J BONENBERGER CHAIRMAN 20.00
Officer Director
$0 $0 $0
JOHN LAWTON TREASURER 2.00
Officer Director
$0 $0 $0
WILLIAM B STRINE SECRETARY 4.00
Officer Director
$0 $0 $0
CHRISTOPHER SCHELL TRUSTEE 1.00
Director
$0 $0 $0
VINCENT B MANCINI TRUSTEE 3.00
Director
$0 $0 $0
HEATHER HASSEL-FINENGAN TRUSTEE 1.00
Director
$0 $0 $0
JOHN W STUCKEY TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL T PIOTROWICZ TRUSTEE 1.00
Director
$0 $0 $0
EDWIN B MAHONEY TRUSTEE 1.00
Director
$0 $0 $0
THOMAS L OTT TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY M CROW TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER J MOYER TRUSTEE 1.00
Director
$0 $0 $0
JAMES J OBERMEIER TRUSTEE 1.00
Director
$0 $0 $0
ARTHUR J LALLO TRUSTEE 2.00
Director
$0 $0 $0
THOMAS J GOEKE TRUSTEE 1.00
Director
$0 $0 $0
DAVID W WATSON TRUSTEE 1.00
Director
$0 $0 $0
KENNETH WONG TRUSTEE 1.00
Director
$0 $0 $0
LARRY L TURNER TRUSTEE 1.00
Director
$0 $0 $0
NICK J DAVEY TRUSTEE 1.00
Director
$0 $0 $0
PRESTON WALKER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL ROUNDS PRESIDENT 40.00
Officer
$219,854 $51,029 $270,883
MICHELLE WILLIAMS CAO 40.00
Highest
$109,536 $7,804 $117,340
NANCY CATANIA CFO 40.00
Highest
$119,477 $8,811 $128,288
TODD ZACHARY PROVOST 40.00
Highest
$146,429 $10,743 $157,172
ARLENE A SNYDER VP ADVANCEMENT 40.00
Highest
$172,623 $12,686 $185,309
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 $22,394,054 $15,486,428 $258,182,166 $6,907,626
2023 $39,431,523 $13,794,235 $241,019,068 $25,637,288
2022 $21,643,146 $12,503,425 $207,934,843 $9,139,721
2021 $26,152,026 $12,811,883 $225,975,622 $13,340,143
2020 $32,112,236 $10,905,412 $185,613,221 $21,206,824
2019 $12,074,799 $9,507,801 $161,159,795 $2,566,998
2018 $47,426,719 $9,671,210 $155,198,244 $37,755,509
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