SCRANTON, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LACKAWANNA COLLEGE, founded in 1957, is a mid-sized nonprofit in the Education sector that reported $43.2M in total revenue in fiscal year 2024. Expenses of $41.0M left a modest 5% surplus.
LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT EDUCATION INSTITUTION WHOSE MISSION IS TO PROVIDE A QUALITY EDUCATION TO ALL PERSONS WHO SEEK TO IMPROVE THEIR LIVES AND BETTER THE COMMUNITIES IN WHICH THEY LIVE. THE COLLEGE STRIVES TO BE AN AFFORDABLE, OPEN-ENROLLMENT COLLEGE, PROVIDING A HIGH QUALITY AND TRANSFERABLE EDUCATION THAT EXCEEDS ACADEMIC EXPECTATIONS FOR STUDENTS AT ALL LEARNING LEVELS. THE COLLEGE IS COMMITTED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR STUDENTS WHO ARE ACADEMICALLY UNDERPREPARED FOR COLLEGE LEVEL WORK, AND NURTURING STUDENTS' SENSE OF SELF-WORTH AND CAPACITY TO MAKE A DIFFERENCE. THE COLLEGE IS ALSO COMMITTED TO CULTIVATING AND MAINTAINING ACTIVE PARTNERSHIPS WITH OUR REGIONAL COMMUNITY, INCLUDING OTHER EDUCATIONAL INSTITUTIONS, BUSINESSES, AND NON-PROFIT AGENCIES. THE COLLEGE DELIVERS SERVICE THROUGH EXCELLENCE IN PROGRAMS THAT PREPARE STUDENTS TO SUCCEED IN THE WORKFORCE.
TUITION AND FEES FOR UNDERGRADUATE STUDENTS. LACKAWANNA COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. THE INSTITUTION OFFERS 22...
TUITION AND FEES FOR UNDERGRADUATE STUDENTS. LACKAWANNA COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION. THE INSTITUTION OFFERS 22 ASSOCIATE DEGREE PROGRAMS AND 8 BACHELOR DEGREE PROGRAMS TO ITS UNDERGRADUATE STUDENT POPULATION. IN FALL 2024, LACKAWANNA ENROLLED NEARLY 1,910 UNDERGRADUATE STUDENTS.
AUXILIARY ENTERPRISE REVENUE. NINETY-FIVE PERCENT (95%) OF LACKAWANNA COLLEGE'S AUXILIARY ENTERPRISE REVENUE IS GENERATED BY OFFERING HOUSING AND FOOD SERVICE TO APPROXIMATELY 300 STUDENTS IN...
AUXILIARY ENTERPRISE REVENUE. NINETY-FIVE PERCENT (95%) OF LACKAWANNA COLLEGE'S AUXILIARY ENTERPRISE REVENUE IS GENERATED BY OFFERING HOUSING AND FOOD SERVICE TO APPROXIMATELY 300 STUDENTS IN COLLEGE-OWNED FACILITIES.
CONTINUING EDUCATION AND MISCELLANEOUS PROGRAM REVENUE. LACKAWANNA COLLEGE OPERATES A CONTINUING EDUCATION DEPARTMENT THAT ADDRESSES THE EDUCATIONAL NEEDS OF THE COMMUNITY THAT DO NOT FALL UNDER THE...
CONTINUING EDUCATION AND MISCELLANEOUS PROGRAM REVENUE. LACKAWANNA COLLEGE OPERATES A CONTINUING EDUCATION DEPARTMENT THAT ADDRESSES THE EDUCATIONAL NEEDS OF THE COMMUNITY THAT DO NOT FALL UNDER THE TRADITIONAL COLLEGE CREDIT STRUCTURE. THROUGH THE DEPARTMENT, THE COLLEGE OFFERS A DIPLOMA PROGRAM IN ITS ACT 120 POLICE ACADEMY AND VARIOUS CERTIFICATE AND WORKFORCE DEVELOPMENT PROGRAMS, INCLUDING PROGRAMS FUNDED UNDER THE TRADE ADJUSTMENT ASSISTANCE FOR WORKERS AND WORKFORCE INNOVATION AND OPPORTUNITY ACTS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $43,176,752 | $40,295,881 | +0.1% |
| Expenses | $41,028,835 | $37,800,492 | +0.1% |
| Net Income | $2,147,917 | $2,495,389 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| JODY CORDARO | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK DESTEFANO | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| COLLEEN PETTINATO | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BETTE SAXTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICAH WOODARD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY PIAZZA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| HAL FLACK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL CORDARO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBBIE LEFKOWITZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINA CURRAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEOFFREY MESKO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE AVVISATO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DR JILL MURRAY | PRESIDENT | 40.00 |
Officer
Director
|
$274,143 | $24,184 | $298,327 |
| THOMAS ELTRINGHAM | CHIEF OPERATING OFFICER | 40.00 |
Officer
|
$161,713 | $34,932 | $196,645 |
| BRIAN COSTANZO | VP FOR GOVT AFFAIRS | 40.00 |
Officer
|
$135,354 | $36,722 | $172,076 |
| ERICA BARONE PRICCI | PROVOST | 40.00 |
Officer
|
$174,749 | $14,762 | $189,511 |
| JOHN RISBOSKIN | VP FOR FINANCE & ADMIN | 40.00 |
Officer
|
$155,939 | $28,433 | $184,372 |
| RENEE MUNDY | VP FOR HUMAN RESOURCES | 40.00 |
Officer
|
$159,609 | $28,384 | $187,993 |
| ROBIN CRANE | ROBOTICS PROGRAM DIRECTOR | 40.00 |
Highest
|
$106,941 | $17,051 | $123,992 |
| MARK DUDA | ADVISOR TO ATHLETICS | 40.00 |
Highest
|
$103,159 | $16,692 | $119,851 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $43,176,752 | $41,028,835 | $110,180,703 | $2,147,917 |
| 2024 | No data | No data | No data | No data |
| 2023 | $39,422,972 | $35,785,131 | $79,386,578 | $3,637,841 |
| 2022 | $40,108,403 | $36,959,918 | $71,664,189 | $3,148,485 |
| 2021 | $37,550,402 | $30,240,499 | $71,721,039 | $7,309,903 |
| 2020 | $30,529,010 | $29,442,489 | $68,782,948 | $1,086,521 |
| 2019 | $30,512,187 | $28,533,428 | $63,229,852 | $1,978,759 |
| 2018 | $29,259,862 | $25,689,923 | $61,218,336 | $3,569,939 |
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