ATLANTA, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Spelman College, founded in 1881, is a major nonprofit in the Education sector that reported $288.4M in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $117.0M, a strong 41% operating margin.
SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE OF ITS STUDENTS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $288,422,165 | $194,372,216 | +0.5% |
| Expenses | $171,469,550 | $160,810,189 | +0.1% |
| Net Income | $116,952,615 | $33,562,027 | +2.5% |
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 |
|---|---|---|---|---|---|---|
| Colleen J Taylor | VICE-CHAIR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Gwendolyn Adams Norton | SECRETARY | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Helene Gayle | President | 35.0 |
Officer
Director
|
$621,225 | $47,091 | $668,316 |
| Lovette T Russell | CHAIR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Ronda E Stryker | VICE-CHAIR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Allegra Lawrence-Hardy | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Bonnie Shelton Carter | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Breah Banks | STUDENT REPRESENTATIVE | 2.0 |
Director
|
$0 | $0 | $0 |
| Cara Johnson Hughes | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Carmen D Harris | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Cheryl Mayberry McKissack | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Claire Arnold | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Cynthia E Jackson | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Elizabeth Mccormack | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Frank Baker | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| G G Michelson | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Helen Smith Price | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Janine Brown | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| June Gary Hopps | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Kamau Bobb | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Karen Brakke PHD | Faculty Trustee/Professor | 35.0 |
Director
|
$108,587 | $13,710 | $122,297 |
| Kathy N Waller | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Kaye Foster | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Keva Wright Berry | ALUMNA REPRESENTATIVE | 2.0 |
Director
|
$0 | $0 | $0 |
| Lawrence M Schall | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Lisa Hibbard | Faculty Representative | 2.0 |
Director
|
$132,313 | $11,100 | $143,413 |
| Loren K Robinson | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Marian Wright Edelman | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Pauletta Washington | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Peggy Dulany | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Rosalind G Brewer | Chair Emerita | 2.0 |
Director
|
$0 | $0 | $0 |
| Russell Edgerton PHD | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Sherina Maye Edwards | Alumna Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Susan Dunn | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Suzanne F Shank | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Theodore R Aronson | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Vicki Palmer | Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Yvonne R Jackson | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Zoe Shepard | Student Trustee | 2.0 |
Director
|
$0 | $0 | $0 |
| Darryl Holloman | VP of Academic Affairs | 35.0 |
Officer
|
$209,413 | $43,171 | $252,584 |
| Dawn Alston | CFO and SVP of Business and Financial Affairs | 35.0 |
Officer
|
$324,635 | $46,886 | $371,521 |
| Ingrid Hayes | SVP of Enrollment Management | 35.0 |
Officer
|
$254,635 | $41,527 | $296,162 |
| John Wilson | VP and Chief Information Officer | 35.0 |
Officer
|
$222,633 | $42,055 | $264,688 |
| Myra Burnett | VP Institutional Resarch | 35.0 |
Officer
|
$230,230 | $31,104 | $261,334 |
| Terri Reed | Secretary of the College | 35.0 |
Officer
|
$273,607 | $33,416 | $307,023 |
| Lydia Sermons | VP for Public Relations & Communications | 35.0 |
Key Emp
|
$187,230 | $44,995 | $232,225 |
| Beverly Guy-Sheftall | Professor | 35.0 |
Highest
|
$211,827 | $27,861 | $239,688 |
| Dolores Bradley | Professor | 35.0 |
Highest
|
$224,296 | $39,444 | $263,740 |
| Grant Warner | Professor | 35.0 |
Highest
|
$242,201 | $43,705 | $285,906 |
| Jessie Brooks | VP of Institutional Advancement (THRU 9/29/2023) | 35.0 |
Highest
|
$251,869 | $16,816 | $268,685 |
| Raquel Hill | Professor | 35.0 |
Highest
|
$204,768 | $7,587 | $212,355 |
| Mary Schmidt Campbell PHD | Former President/Trustee (THRU 6/30/2022) | 0.0 |
|
$37,208 | $896 | $38,104 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $288,422,165 | $171,469,550 | $993,511,573 | $116,952,615 |
| 2023 | $194,372,216 | $160,810,189 | $870,926,521 | $33,562,027 |
| 2022 | $204,393,744 | $145,583,655 | $821,952,118 | $58,810,089 |
| 2021 | $182,970,731 | $117,097,563 | $855,779,306 | $65,873,168 |
| 2020 | $194,986,172 | $123,089,218 | $668,899,439 | $71,896,954 |
| 2019 | $136,754,272 | $118,980,032 | $625,620,827 | $17,774,240 |
| 2018 | $168,157,416 | $119,244,779 | $615,801,515 | $48,912,637 |
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