HENDRIX COLLEGE

EIN: 710236897 501(c)(3) Education

Conway, AR

Total Revenue
$87,950,277
Total Expenses
$77,239,942
Total Assets
$313,900,422
Net Assets
$222,410,385
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1876
Legal Domicile
AR
Principal Officer
Dr Karen Petersen
Phone
5014501333
Tax Period
2024-06-01 to 2025-05-31

HENDRIX COLLEGE, founded in 1876, is a major nonprofit in the Education sector that reported $100.6M in total revenue in fiscal year 2017. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $89.0M left a modest 12% surplus.

Mission

Hendrix College cultivates empathy, creativity, self-understanding, rigorous inquiry, informed deliberation, and active learning across the liberal arts, toward the development of the whole person. Through engagement that links the classroom with the world, and a commitment to diversity, inclusion, justice, and sustainable living, the Hendrix community inspires students to lead lives of accomplishment, integrity, service, and joy.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,500,059
Program Service Revenue $58,003,119
Investment Income $9,755,913
Other Revenue $2,691,186
TOTAL REVENUE $87,950,277

Expense Breakdown

Grants Paid $30,614,471
Salaries & Benefits $24,379,013
Fundraising Expenses $1,020,932
Program Expenses $56,951,557
Other Expenses $22,246,458
TOTAL EXPENSES $77,239,942

Year-over-Year Comparison

2024 2023 Change
Revenue $87,950,277 $89,248,247 0.0%
Expenses $77,239,942 $83,569,066 -0.1%
Net Income $10,710,335 $5,679,181 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
33
Independent Members
32
Employees
1073
Volunteers
32

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
4
$737,665
Total Directors
31
$0
Key Employees
1
$155,182
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Petersen President 40
Officer
$377,603 $0 $377,603
Kesha Baoua VP for Diversity and Inclusion 40
$200,000 $0 $200,000
Terri Bonebright Professor 40
Highest
$175,420 $0 $175,420
Meredith Brunen VP for Advancement 40
Key Emp
$155,182 $0 $155,182
Bernadette Hinkle VP for Finance and CFO 40
Officer
$128,983 $0 $128,983
Sam Nichols VP for Technology Services 40
Highest
$127,734 $0 $127,734
Vicki Lynn VP of Human Resources 40
Highest
$127,380 $0 $127,380
Amy Weaver Director of Athletics 40
Highest
$127,207 $0 $127,207
David Sutherland Provost & Dean of the College 40
Officer
$122,342 $0 $122,342
Teresa Garrett Provost and Dean of the College 40
Officer
$108,737 $0 $108,737
Elizabeth S Small Trustee 1
Director
$0 $0 $0
Reverend Roy P Smith Trustee 1
Director
$0 $0 $0
Darrin L Williams Trustee 1
Director
$0 $0 $0
Dr Hayden Franks Trustee 1
Director
$0 $0 $0
Joe R Goyne III Trustee 1
Director
$0 $0 $0
Dr Joe G Hollyfield Trustee 1
Director
$0 $0 $0
Bishop Laura Merrill Trustee 1
Director
$0 $0 $0
Terry Joe Ticey Trustee 1
Director
$0 $0 $0
William H Wilcox Trustee 1
Director
$0 $0 $0
Susan Deboard Trusteee 1
Director
$0 $0 $0
Luke B Duffield Trustee 1
Director
$0 $0 $0
Reverend Mark Norman Trustee 1
Director
$0 $0 $0
Reverend Sara Pair Trustee 1
Director
$0 $0 $0
Derrick Smith Trustee 1
Director
$0 $0 $0
Jo Ann Biggs Trustee 1
Director
$0 $0 $0
Dr Charles Chappell Trustee 1
Director
$0 $0 $0
Kim Evans Trustee 1
Director
$0 $0 $0
Kenneth A Gunderman Trustee 1
Director
$0 $0 $0
Jan N Hundley Trustee 1
Director
$0 $0 $0
Dr John C Byrd Trustee 1
Director
$0 $0 $0
Latoya M Goree Smith Trustee 1
Director
$0 $0 $0
R Eric Jackson Trustee 1
Director
$0 $0 $0
Dr Marquita S Norman Trustee 1
Director
$0 $0 $0
Heather Gardner Trustee 1
Director
$0 $0 $0
Dr John C Robbins Trustee 1
Director
$0 $0 $0
Michael D Malone Trustee 1
Director
$0 $0 $0
Carolyn L Miller Trustee 1
Director
$0 $0 $0
Henry E Neely Trustee 1
Director
$0 $0 $0
Walter Owen Pryor Trustee 1
Director
$0 $0 $0
Martin W Shell Trustee 1
Director
$0 $0 $0
Teresa Osam Trustee 1
Director
$0 $0 $0
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 $87,950,277 $77,239,942 $313,900,422 $10,710,335
2024 $89,248,247 $83,569,066 $308,546,839 $5,679,181
2023 $97,458,898 $84,270,905 $300,216,797 $13,187,993
2022 $98,419,951 $87,649,795 $318,329,586 $10,770,156
2021 $88,969,197 $87,517,067 $336,428,695 $1,452,130
2020 $79,351,340 $84,297,121 $295,762,226 $-4,945,781
2019 $94,138,967 $90,979,112 $305,337,825 $3,159,855
2018 $100,615,476 $88,973,364 $321,611,581 $11,642,112
Explore More Nonprofits
Top 100 Nonprofits in Arkansas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HENDRIX COLLEGE with other nonprofits in Arkansas and across the country.