THE AMERICAN COLLEGE OF THE MEDITERRANEAN

EIN: 822123116 501(c)(3) Education

TEMPE, AZ

Total Revenue
$27,591,235
Total Expenses
$25,952,509
Total Assets
$23,577,626
Net Assets
$17,997,744
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
AZ
Principal Officer
EMILE LAMAH
Phone
8002212051
Tax Period
2024-08-01 to 2025-07-31

THE AMERICAN COLLEGE OF THE MEDITERRANEAN, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $27.6M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $26.0M left a modest 6% surplus.

Mission

THE MISSION OF THE AMERICAN COLLEGE OF THE MEDITERRANEAN IS TO PROVIDE EXCELLENCE IN INTERNATIONAL EDUCATION, INSPIRE INTERCULTURAL AWARENESS, AND PREPARE STUDENTS FOR SUCCESS IN A GLOBAL COMMUNITY THROUGH THE STUDY OF EUROPEAN AND MEDITERRANEAN HISTORY, LANGUAGES, CULTURES, AND CONTEMPORARY ISSUES.

Program Service Accomplishments

Program 1
Expenses: $18,629,275 Revenue: $26,423,589

THE AMERICAN COLLEGE OF THE MEDITERRANEAN ("ACM") IS AN INSTITUTION OF HIGHER LEARNING OFFERING AMERICAN-STYLE UNDERGRADUATE AND GRADUATE DEGREES TO STUDENTS IN ATTENDANCE AT ITS MAIN CAMPUS LOCATED...

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THE AMERICAN COLLEGE OF THE MEDITERRANEAN ("ACM") IS AN INSTITUTION OF HIGHER LEARNING OFFERING AMERICAN-STYLE UNDERGRADUATE AND GRADUATE DEGREES TO STUDENTS IN ATTENDANCE AT ITS MAIN CAMPUS LOCATED IN AIX-EN-PROVENCE FRANCE. ACM IS THE SUCCESSOR ORGANIZATION FROM THE MERGER OF ACM AND THE INSTITUTE FOR AMERICAN UNIVERSITIES ("IAU"), A NEW YORK NOT-FOR-PROFIT EDUCATIONAL CORPORATION, WHICH HAS PROVIDED ACADEMIC PROGRAMS IN AIX-EN-PROVENCE FOR AMERICAN UNIVERSITY STUDENTS SPENDING AN ACADEMIC YEAR OR SEMESTER ABROAD SINCE ITS FOUNDING IN 1957. ACM HOSTED 2,565 TOTAL STUDENTS AND 46 DEGREE SEEKING STUDENTS IN 2024. ACM WAS ESTABLISHED TO EXPAND UPON A LONG HISTORY OF AMERICAN-STYLE HIGHER EDUCATION IN SOUTHERN FRANCE BY LEVERAGING THE TALENTS OF AN EXISTING FACULTY, THE FACILITIES OF AN HISTORIC CAMPUS, AND THE CULTURAL DIVERSITY OF ITS MEDITERRANEAN LOCATION THROUGH THE INTRODUCTION OF SEVERAL BACHELOR'S AND MASTER'S PROGRAMS IN THE ARTS, SOCIAL SCIENCES, AND BUSINESS.THE INSTITUTE FOR AMERICAN UNIVERSITIES ("IAU") WAS THE SOLE CORPORATE MEMBER OF THE AMERICAN COLLEGE OF THE MEDITERRANEAN.IAU AND ACM MERGED EFFECTIVE JULY 31, 2021.

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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 $707,483
Program Service Revenue $25,992,771
Investment Income $460,163
Other Revenue $430,818
TOTAL REVENUE $27,591,235

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,525,049
Fundraising Expenses $312,651
Program Expenses $18,629,275
Other Expenses $15,427,460
TOTAL EXPENSES $25,952,509

Year-over-Year Comparison

2024 2023 Change
Revenue $27,591,235 $22,537,096 +0.2%
Expenses $25,952,509 $20,320,908 +0.3%
Net Income $1,638,726 $2,216,188 -0.3%
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

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Governance

Voting Members
18
Independent Members
18
Employees
34
Volunteers
N/A

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
2
$333,463
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM GRANARA PHD DIRECTOR 1.00
Director
$0 $0 $0
SANFORD J UNGAR DIRECTOR 1.00
Director
$0 $0 $0
OLIVIER BREILLOT DIRECTOR 1.00
Director
$0 $0 $0
MARY FRANCES PEARSON JD DIRECTOR 1.00
Director
$0 $0 $0
MARIANNE KELER DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH M HERLIHY BOARD CHAIR 1.00
Director
$0 $0 $0
JEFFREY MALEK DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH WOODWORTH DIRECTOR 1.00
Director
$0 $0 $0
DR PETER DORMAN DIRECTOR 1.00
Director
$0 $0 $0
DR BRIAN PROCTOR DIRECTOR 1.00
Director
$0 $0 $0
DONNA MANNING DIRECTOR 1.00
Director
$0 $0 $0
DONALD MANASSE DIRECTOR 1.00
Director
$0 $0 $0
CLARE TUFTS PHD DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE KARR DIRECTOR 1.00
Director
$0 $0 $0
BERNARD PASQUIER DIRECTOR 1.00
Director
$0 $0 $0
BARBARA KAFKA DIRECTOR 1.00
Director
$0 $0 $0
AMBASSADOR KURT VOLKER DIRECTOR 1.00
Director
$0 $0 $0
ALAIN-PHILIPPE DURAND PHD DIRECTOR 1.00
Director
$0 $0 $0
JORDI OLLE PALOU DIRECTOR 1.00
Director
$0 $0 $0
SUE WASIOLEK DIRECTOR 1.00
Director
$0 $0 $0
CARL JUBRAN PRESIDENT 40.00
Officer
$290,000 $43,463 $333,463
EMILE LAMAH CHIEF FINANCIAL OFFICER 40.00
Officer
$0 $0 $0
JESSICA CALHOUN DEAN OF ADMISSIONS 40.00
Highest
$0 $0 $0
GARRETT HEYSEL PHD PROVOST 40.00
Highest
$0 $0 $0
KURT SCHICK MA VICE PRESIDENT 40.00
Highest
$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 $27,591,235 $25,952,509 $23,577,626 $1,638,726
2024 $22,537,096 $20,320,908 $19,499,573 $2,216,188
2023 $16,589,967 $14,014,506 $15,528,367 $2,575,461
2022 $12,250,301 $9,286,757 $11,452,033 $2,963,544
2021 $282,874 $563,900 $8,518,780 $-281,026
2020 $323,512 $483,160 No data $-159,648
2019 $367,157 $507,457 No data $-140,300
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