North Central College

EIN: 362169157 501(c)(3) Education

NAPERVILLE, IL

Total Revenue
$160,119,987
Total Expenses
$158,858,694
Total Assets
$377,229,202
Net Assets
$293,419,847
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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
1861
Legal Domicile
IL
Phone
6306375680
Tax Period
2024-07-01 to 2025-06-30

North Central College, founded in 1861, is a major nonprofit in the Education sector that reported $160.1M in total revenue in fiscal year 2024.

Mission

NORTH CENTRAL COLLEGE PREPARES STUDENTS TO BECOME CURIOUS, ENGAGED, ETHICAL, AND PURPOSEFUL CITIZENS AND LEADERS IN LOCAL, NATIONAL AND GLOBAL CONTEXTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,823,143
Program Service Revenue $143,061,085
Investment Income $7,318,321
Other Revenue $1,917,438
TOTAL REVENUE $160,119,987

Expense Breakdown

Grants Paid $68,208,109
Salaries & Benefits $50,879,709
Fundraising Expenses $1,641,551
Program Expenses $148,262,931
Other Expenses $39,770,876
TOTAL EXPENSES $158,858,694

Year-over-Year Comparison

2024 2023 Change
Revenue $160,119,987 $161,721,780 0.0%
Expenses $158,858,694 $153,442,463 +0.0%
Net Income $1,261,293 $8,279,317 -0.8%
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
35
Independent Members
34
Employees
1601
Volunteers
100

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
17
$3,284,252
Total Directors
36
$1,325,157
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Abiodun Goke-Pariola President 60.0
Officer Director
$292,305 $54,694 $346,999
Andrea Beck Vice Chair, Business Affairs Committee 1.0
Officer Director
$0 $0 $0
Anita Thomas President (Until 7/30/2024) 60.0
Officer Director
$956,109 $22,049 $978,158
Erin Bishop Vice Chair, Student Affairs & Athletics Committee 1.0
Officer Director
$0 $0 $0
John Kaltenmark Vice Chair, Insitutional Advancement Committee 1.0
Officer Director
$0 $0 $0
Joseph Mallon Chair, Audit Committee 1.0
Officer Director
$0 $0 $0
Kevin Gensler Board Secretary 1.0
Officer Director
$0 $0 $0
Maureen Ryan Vice Chair, Academic Affairs Committee 1.0
Officer Director
$0 $0 $0
Mike Naset Chair of the Board 1.0
Officer Director
$0 $0 $0
Ali Setork Board Member 1.0
Director
$0 $0 $0
Bishop Daniel Schwerin Board Member 1.0
Director
$0 $0 $0
Connor McGury Board Member 1.0
Director
$0 $0 $0
Dave Kelsch Board Member 1.0
Director
$0 $0 $0
Donald Sharp Board Member 1.0
Director
$0 $0 $0
Gerald McCadd Board Member 1.0
Director
$0 $0 $0
InSun Ho Board Member 1.0
Director
$0 $0 $0
Jeff Swallow Board Member 1.0
Director
$0 $0 $0
Jon DeSouza Board Member 1.0
Director
$0 $0 $0
Kam Kniss Board Member 1.0
Director
$0 $0 $0
Kathy Birkett Board Member 1.0
Director
$0 $0 $0
Kathy Guthrie Board Member 1.0
Director
$0 $0 $0
Kris Hartner Board Member 1.0
Director
$0 $0 $0
Lee Woolley Board Member 1.0
Director
$0 $0 $0
Mark Wright Board Member 1.0
Director
$0 $0 $0
Matt Brill Board Member 1.0
Director
$0 $0 $0
Michael Allara Board Member 1.0
Director
$0 $0 $0
Nancy Hanson Board Member 1.0
Director
$0 $0 $0
Raymond Kinney Board Member 1.0
Director
$0 $0 $0
Rowena Felix-Salas Board Member 1.0
Director
$0 $0 $0
Sanjeeb Khatua Board Member 1.0
Director
$0 $0 $0
Scott Wehrli Board Member 1.0
Director
$0 $0 $0
Steve Rubin Board Member 1.0
Director
$0 $0 $0
Steve Sellers Board Member 1.0
Director
$0 $0 $0
Tom Miers Board Member 1.0
Director
$0 $0 $0
Tom Paleka Board Member 1.0
Director
$0 $0 $0
Tracie Morris Board Member 1.0
Director
$0 $0 $0
Adrian Aldrich Vice President for Institutional Advancement (Until 11/15/2024) 60.0
Officer
$276,826 $39,549 $316,375
Agnieszka Hanni Vice President for Enrollment Management and Marketing 60.0
Officer
$205,904 $38,765 $244,669
James Godo Vice President for Communication and Strategic Initiatives 60.0
Officer
$176,380 $18,845 $195,225
Jessica Brown Vice President for Student Affairs and Athletics (Until 11/15/2024) 60.0
Officer
$295,235 $13,116 $308,351
Kristin Geraty Provost and Vice President for Academic Affairs 60.0
Officer
$169,493 $22,671 $192,164
Maryellen Skerik Vice President for Finance 60.0
Officer
$210,673 $30,799 $241,472
Matthew Burden Vice President for Information and Technology 60.0
Officer
$184,662 $47,225 $231,887
Michael Hudson Vice President for Operations 60.0
Officer
$179,585 $49,367 $228,952
Frank Harwath Professor of Engineering, Director of Engineering Program 60.0
Highest
$142,975 $28,734 $171,709
Mary Groll Dean of the School of Education and Health Sciences, Chair Medical Sciences 60.0
Highest
$160,076 $33,508 $193,584
Sara Scholtes Professor and Chair, Department of Physical Therapy 60.0
Highest
$155,966 $17,260 $173,226
Stephen Caliendo Dean of the College of Arts and Sciences 60.0
Highest
$131,070 $44,334 $175,404
Thomas Cavenagh Professor/Director of Leadership Ethics & Value 60.0
Highest
$150,336 $17,124 $167,460
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 $160,119,987 $158,858,694 $377,229,202 $1,261,293
2024 $161,721,780 $153,442,463 $373,712,122 $8,279,317
2023 $140,060,863 $147,438,782 $362,255,957 $-7,377,919
2022 $148,355,920 $143,009,108 $360,900,664 $5,346,812
2021 $135,795,363 $131,929,870 $398,179,906 $3,865,493
2020 $135,038,989 $134,497,393 $362,226,785 $541,596
2019 $144,823,219 $133,828,139 $350,036,444 $10,995,080
2018 $133,873,642 $129,763,360 $341,028,924 $4,110,282
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