The George Washington University

EIN: 530196584 501(c)(3) Education

ASHBURN, VA

Total Revenue
$2,041,697,367
Total Expenses
$2,032,943,695
Total Assets
$5,460,399,051
Net Assets
$2,842,352,290
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1821
Legal Domicile
DC
Phone
5715538317
Tax Period
2024-07-01 to 2025-06-30

The George Washington University, founded in 1821, is a large national nonprofit in the Education sector that reported $1.6B in total revenue in fiscal year 2017.

Mission

EDUCATION AND RESEARCH

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $81,279,446
Program Service Revenue $1,752,825,065
Investment Income $136,089,023
Other Revenue $71,503,833
TOTAL REVENUE $2,041,697,367

Expense Breakdown

Grants Paid $519,847,432
Salaries & Benefits $852,611,429
Fundraising Expenses $25,505,123
Program Expenses $1,848,656,677
Other Expenses $659,528,936
TOTAL EXPENSES $2,032,943,695

Year-over-Year Comparison

2024 2023 Change
Revenue $2,041,697,367 $1,912,174,697 +0.1%
Expenses $2,032,943,695 $1,871,220,964 +0.1%
Net Income $8,753,672 $40,953,733 -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
22
Independent Members
21
Employees
15227
Volunteers
3800

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
6
$5,745,887
Total Directors
24
$1,907,439
Key Employees
3
$2,793,676
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ellen Granberg President - Ex Officio 50.0
Officer Director
$1,649,216 $258,223 $1,907,439
Aaron Bates Trustee 2.0
Director
$0 $0 $0
Adam Conner Trustee 2.0
Director
$0 $0 $0
Ali H Kolaghassi Trustee 2.0
Director
$0 $0 $0
Avram Tucker Secretary of the Board/Comm Chair 5.0
Director
$0 $0 $0
Camila Tapias Trustee 2.0
Director
$0 $0 $0
Charles R Bendit Trustee/Comm Chair 3.0
Director
$0 $0 $0
Christine Piorkowski Barth Trustee/Comm Chair 3.0
Director
$0 $0 $0
Donna Hill Staton Trustee/Comm Chair 3.0
Director
$0 $0 $0
Grace E Speights Board Chair/Comm Chair 5.0
Director
$0 $0 $0
Jeffrey Flaks Trustee 2.0
Director
$0 $0 $0
Jennifer Park Stout Trustee 2.0
Director
$0 $0 $0
Jonathan Perlin Trustee (as of 06/25) 0.0
Director
$0 $0 $0
Judith Lane Rogers Trustee/Comm Chair 3.0
Director
$0 $0 $0
Luis Otero-Bravo Trustee 2.0
Director
$0 $0 $0
Mark H Chichester Vice Chair of the Board/Comm Chair 5.0
Director
$0 $0 $0
Michelle Rubin Trustee/Comm Chair 3.0
Director
$0 $0 $0
Pamela Lawrence Trustee 2.0
Director
$0 $0 $0
Raymond J Brimble Trustee (as of 01/25) 2.0
Director
$0 $0 $0
Regina James Trustee 2.0
Director
$0 $0 $0
Richard A Jones Trustee 2.0
Director
$0 $0 $0
Stacie R Lissette Trustee (as of 06/25) 0.0
Director
$0 $0 $0
Ted Segal Trustee (as of 06/25) 0.0
Director
$0 $0 $0
Todd Klein Trustee 2.0
Director
$0 $0 $0
Bruno Fernandes Executive Vice President, Chief Financial Officer and Treasurer 40.0
Officer
$981,778 $86,352 $1,068,130
Charles Barber VP and General Counsel 50.0
Officer
$767,348 $55,996 $823,344
Christopher Bracey Provost and EVP for Academic Affairs 50.0
Officer
$946,134 $132,163 $1,078,297
Jonathan Post Vice President for Board Relations and Secretary of the University 50.0
Officer
$328,160 $34,845 $363,005
Scott Mory Senior VP & Chief of Staff 50.0
Officer
$472,776 $32,896 $505,672
Barbara Lee Bass VP for Health Affairs and Dean of SMHS 50.0
Key Emp
$1,346,972 $154,868 $1,501,840
Lynn Goldman Dean, Milken Institute School of Public Health 50.0
Key Emp
$652,430 $35,592 $688,022
Paul J Wahlbeck Dean, CCAS 50.0
Key Emp
$538,293 $65,521 $603,814
Christian Caputo Mens' Basketball Coach 50.0
Highest
$902,154 $95,270 $997,424
Donna Arbide VP for Development and Alumni Relations 50.0
Highest
$774,597 $54,109 $828,706
Julie Bauman GW Cancer Center 50.0
Highest
$885,389 $141,829 $1,027,218
Shahram Sarkani Director and Professor of EMSE 50.0
Highest
$1,501,865 $63,593 $1,565,458
Thomas A Mazzuchi Chair, Dept. of Engineering 50.0
Highest
$820,770 $56,271 $877,041
Forrest Maltzman Former Provost and EVP for Academic Affairs 50.0
$380,839 $44,605 $425,444
Jeffrey S Akman Former VP for Health Affairs and Dean of SMHS 50.0
$485,181 $45,753 $530,934
Mark Diaz Former Executive VP and CFO 0.0
$125,000 $0 $125,000
Sharon L Reich Paulsen Former Executive vice president 50.0
$883,009 $14,301 $897,310
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 $2,041,697,367 $2,032,943,695 $5,460,399,051 $8,753,672
2024 No data No data No data No data
2023 $1,803,011,076 $1,749,076,031 $4,984,564,537 $53,935,045
2022 $1,730,337,567 $1,665,300,765 $4,854,587,342 $65,036,802
2021 $1,577,044,473 $1,529,825,645 $5,052,548,646 $47,218,828
2020 $1,667,611,791 $1,698,549,530 $4,920,138,728 $-30,937,739
2019 $1,665,636,831 $1,679,146,901 $4,563,094,483 $-13,510,070
2018 $1,620,270,222 $1,623,057,969 $4,567,697,789 $-2,787,747
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