MCDANIEL COLLEGE INC

EIN: 520591694 501(c)(3) Education

WESTMINSTER, MD

Total Revenue
$163,017,939
Total Expenses
$133,979,013
Total Assets
$283,578,807
Net Assets
$234,450,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1867
Legal Domicile
MD
Principal Officer
JULIANNE JASKEN
Phone
4108572218
Tax Period
2024-06-01 to 2025-05-31

MCDANIEL COLLEGE INC, founded in 1867, is a major nonprofit in the Education sector that reported $163.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29.0M, a strong 18% operating margin.

Mission

STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL.

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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 $43,615,201
Program Service Revenue $109,674,180
Investment Income $9,228,345
Other Revenue $500,213
TOTAL REVENUE $163,017,939

Expense Breakdown

Grants Paid $55,510,124
Salaries & Benefits $40,462,074
Fundraising Expenses $2,490,771
Program Expenses $126,621,691
Other Expenses $38,006,815
TOTAL EXPENSES $133,979,013

Year-over-Year Comparison

2024 2023 Change
Revenue $163,017,939 $130,205,035 +0.3%
Expenses $133,979,013 $130,165,145 +0.0%
Net Income $29,038,926 $39,890 +727.0%
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
37
Independent Members
37
Employees
1480
Volunteers
70

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
8
$1,206,301
Total Directors
37
$0
Key Employees
4
$1,113,369
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE H PRESTON CHAIR 1.00
Officer Director
$0 $0 $0
MARY LYNN DURHAM VICE CHAIR 1.00
Officer Director
$0 $0 $0
CHARLES BOEHLKE JR TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM BUTZ TRUSTEE 1.00
Director
$0 $0 $0
MARK CARTER TRUSTEE 1.00
Director
$0 $0 $0
RANDALL M DAY TRUSTEE 1.00
Director
$0 $0 $0
LUCERO ESPINAL TRUSTEE 1.00
Director
$0 $0 $0
JAMES FRANCIS TRUSTEE 1.00
Director
$0 $0 $0
RALPH O FRITH TRUSTEE 1.00
Director
$0 $0 $0
DARRELL T GUYTON TRUSTEE 1.00
Director
$0 $0 $0
MARTIN KP HILL TRUSTEE 1.00
Director
$0 $0 $0
SAM HOPKINS TRUSTEE 1.00
Director
$0 $0 $0
STEVEN D KESLER TRUSTEE 1.00
Director
$0 $0 $0
KAREN LAMONT TRUSTEE 1.00
Director
$0 $0 $0
KEITH LAWSON TRUSTEE 1.00
Director
$0 $0 $0
JAMES E LIGHTNER TRUSTEE 1.00
Director
$0 $0 $0
JULIE LUCAS TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY MCLISTER TRUSTEE 1.00
Director
$0 $0 $0
MILLARD MAZER TRUSTEE 1.00
Director
$0 $0 $0
JILL MENNICKEN TRUSTEE 1.00
Director
$0 $0 $0
ALBERT J MEZZANOTTE JR TRUSTEE 1.00
Director
$0 $0 $0
VIRGINIA MILLER TRUSTEE 1.00
Director
$0 $0 $0
CHARLES E MOORE JR TRUSTEE 1.00
Director
$0 $0 $0
DAVID MOSKOWITZ TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER C NEWMAN TRUSTEE 1.00
Director
$0 $0 $0
WALTER OLSON TRUSTEE 1.00
Director
$0 $0 $0
BOB PICK TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM RODGERS TRUSTEE 1.00
Director
$0 $0 $0
DEBBIE SEIDEL TRUSTEE 1.00
Director
$0 $0 $0
BARBARA SHELTON TRUSTEE 1.00
Director
$0 $0 $0
AARON SLAUGHTER TRUSTEE 1.00
Director
$0 $0 $0
PETER SPARTIN TRUSTEE 1.00
Director
$0 $0 $0
SUE STEVENSON TRUSTEE 1.00
Director
$0 $0 $0
PATRICK STOKES TRUSTEE 1.00
Director
$0 $0 $0
BARBARA A THOMAS TRUSTEE 1.00
Director
$0 $0 $0
JAMES H YATES TRUSTEE 1.00
Director
$0 $0 $0
CARROLL L YINGLING TRUSTEE 1.00
Director
$0 $0 $0
JULIANNE JASKEN PRESIDENT 35.00
Officer
$409,553 $71,757 $481,310
ERIC SIMON VP ADMIN & FINANCE 35.00
Officer
$254,427 $23,649 $278,076
JULIE FISHER AVP OF FINANCE 35.00
Officer
$130,364 $30,693 $161,057
ANDREW CUNNINGHAM DIR. FINAN. PLANNING/ASST. TREASURER 35.00
Officer
$98,005 $28,506 $126,511
ERIN BENEVENTO CHIEF OF STAFF/SECRETARY 35.00
Officer
$87,242 $14,052 $101,294
ANDREA PHILLIPS ASSOC. CHIEF OF STAFF & EVENTS COORD. 35.00
Officer
$57,020 $1,033 $58,053
JANELLE HOLMBOE EXEC VP OF CONSTITUENT ENGAGEMENT 35.00
Key Emp
$272,658 $42,362 $315,020
FLAVIUS LILLY PROVOST 35.00
Key Emp
$283,895 $24,556 $308,451
VICKIE MAZER DEAN OF GRADUATE & PROF STUDIES 35.00
Key Emp
$190,219 $19,716 $209,935
DAVE SEARS VP INSTITUTIONAL ADVANCEMENT 35.00
Key Emp
$238,371 $41,592 $279,963
LAWRENCE JUNKIN SENIOR AVP OF IA 35.00
Highest
$176,755 $17,384 $194,139
CAROLYN HOJNOWSKI AVP OF DEVELOPMENT 35.00
Highest
$148,033 $31,169 $179,202
HEATHER GABLE ASSOC. PROFESSOR/NURSING PROGRAM DIR. 35.00
Highest
$157,466 $33,364 $190,830
MATTHEW RAMSEY GRAD. CHAIR & HUMAN SVCS COORD. 35.00
Highest
$174,118 $18,811 $192,929
CHRISTINE MORAN AVP STUDENT SUCCESS 35.00
Highest
$161,627 $36,846 $198,473
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 $163,017,939 $133,979,013 $283,578,807 $29,038,926
2024 $130,205,035 $130,165,145 $247,790,413 $39,890
2023 $127,413,498 $129,570,108 $228,894,809 $-2,156,610
2022 $131,683,953 $128,880,474 $236,481,387 $2,803,479
2021 $122,423,493 $120,249,523 $259,992,859 $2,173,970
2020 $113,872,650 $115,230,241 $217,534,229 $-1,357,591
2018 $106,680,305 $103,854,471 $217,345,854 $2,825,834
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