ROSS EDUCATION HOLDINGS INC

EIN: 861846791 501(c)(3)

CLINTON TOWNSHIP, MI

Total Revenue
$82,615,013
Total Expenses
$72,596,731
Total Assets
$61,769,410
Net Assets
$24,171,899
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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MI
Principal Officer
GEORGE GRAYEB
Phone
8107401007
Tax Period
2024-07-01 to 2025-06-30

ROSS EDUCATION HOLDINGS INC, founded in 2021, is a mid-sized nonprofit that reported $82.6M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $72.6M left a modest 12% surplus.

Mission

AT ROSS, OUR GOAL IS SIMPLE: TO PROVIDE THE HIGHEST QUALITY EDUCATION POSSIBLE TO MOTIVATED INDIVIDUALS SEEKING AN EXCITING, FULFILLING CAREER IN THE HEALTHCARE INDUSTRY. ONE OF THE THINGS THAT TRULY SETS US APART IS THE WAY WE GO ABOUT ACHIEVING THAT MISSION EACH AND EVERY DAY. WE ARE FAST - EMPOWERING OUR STUDENTS TO GRADUATE AND GET OUT IN THE FIELD QUICKLY. WE ARE FOCUSED - DELIVERING ONLY THE MOST RELEVANT COURSES AND SKILLS TO OUR STUDENTS. WE ARE FRIENDLY - WELCOMING STUDENTS INTO A CARING, SUPPORTIVE LEARNING COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $57,582,359 Revenue: $81,772,754

ROSS MEDICAL EDUCATION CENTERRMEC OPERATES SCHOOL LOCATIONS PREDOMINANTLY IN MICHIGAN, OHIO, INDIANA, WEST VIRGINIA, TENNESSEE, ALABAMA AND KENTUCKY AS A POST-SECONDARY SCHOOL, OFFERING COURSES IN...

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ROSS MEDICAL EDUCATION CENTERRMEC OPERATES SCHOOL LOCATIONS PREDOMINANTLY IN MICHIGAN, OHIO, INDIANA, WEST VIRGINIA, TENNESSEE, ALABAMA AND KENTUCKY AS A POST-SECONDARY SCHOOL, OFFERING COURSES IN MEDICAL ASSISTANT, DENTAL ASSISTANT, NURSING ASSISTANT AND VETERINARY ASSISTANT. RMEC IS ACCREDITED BY THE ACCREDITING BUREAU OF HEALTH EDUCATION SCHOOLS. ROSS COLLEGE ON-GROUNDRC ON-GROUND OPERATES SCHOOL LOCATIONS PREDOMINANTLY IN MICHIGAN, OHIO, IOWA AND KENTUCKY AS A POST-SECONDARY SCHOOL OFFERING COURSES IN MEDICAL ASSISTANT, DENTAL ASSISTANT, NURSING ASSISTANT, VETERINARY ASSISTANT, VETERINARY TECHNOLOGY, OCCUPATIONAL THERAPY ASSISTANT, NURSING AND PRACTICAL NURSING. RC ON-GROUND IS ACCREDITED BY THE ACCREDITING BUREAU OF HEALTH EDUCATION SCHOOLS.ROSS COLLEGE ON-LINERC ON-LINE OPERATES AS A POST-SECONDARY SCHOOL THOUGH ITS ON-LINE STUDENT MANAGEMENT SYSTEM, OFFERING SIX ONLINE DEGREE PROGRAMS. THE INSTITUTION OFFERS A DEGREE COMPLETION PROGRAM ONLINE WHERE STUDENTS CAN EARN A MEDICAL ASSISTANT ASSOCIATE OF APPLIED SCIENCE DEGREE. RC ON-LINE ALSO OFFERS ASSOCIATE OF APPLIED SCIENCE DEGREES IN, MEDICAL ASSISTANT, HEALTH CARE ADMINISTRATION. MEDICAL BILLING ADMINISTRATIVE SPECIALIST, HEALTH ADMINISTRATIVE SERVICES, MEDICAL OFFICE MANAGEMENT AND HUMAN, SOCIAL AND HEALTH SERVICES. IN ADDITION, RC ON-LINE OFFERS THREE DIPLOMA PROGRAMS: MEDICAL INSURANCE BILLING AND OFFICE ADMINISTRATION, MEDICAL OFFICE ADMINISTRATION AND PHARMACY TECHNICIAN. RC ON-LINE, IS ACCREDITED BY THE ACCREDITING BURE"TRI AREA TRUCKING SCHOOL (TAT)TAT IS A NON-ACCREDITED, POST-SECONDARY SCHOOL AND OFFERS COURSES IN CLASS A AND B COMMERCIAL DRIVER'S LICENSES (CDL) IN MICHIGAN."

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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 $0
Program Service Revenue $81,772,754
Investment Income $842,259
Other Revenue $0
TOTAL REVENUE $82,615,013

Expense Breakdown

Grants Paid $745,394
Salaries & Benefits $35,133,819
Fundraising Expenses $0
Program Expenses $57,582,359
Other Expenses $36,717,518
TOTAL EXPENSES $72,596,731

Year-over-Year Comparison

2024 2023 Change
Revenue $82,615,013 $65,435,637 +0.3%
Expenses $72,596,731 $61,565,274 +0.2%
Net Income $10,018,282 $3,870,363 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
2
Employees
1046
Volunteers
2

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
$1,116,802
Total Directors
3
$724,261
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRAYEB GEORGE CEO, PRESIDENT AND DIRECTOR 40.00
Officer Director
$686,338 $37,923 $724,261
DAVID J VENTURA DIRECTOR 1.00
Director
$0 $0 $0
SCOT WEISBERG DIRECTOR 1.00
Director
$0 $0 $0
IAQUINTO ANTHONY CFO, CAO 40.00
Officer
$363,759 $28,782 $392,541
ALLEMAN-NETZEL KIMBERLEY EVP, ACCOUNTING & ADMINISTRATION 40.00
Highest
$169,200 $32,836 $202,036
MCCONNELL ALLISON EVP, ADMISSIONS 40.00
Highest
$184,325 $35,259 $219,584
MIDDLETON RYAN EVP, OPERATIONS 40.00
Highest
$157,560 $30,587 $188,147
REED STEPHEN VP, MARKETING 40.00
Highest
$181,800 $31,032 $212,832
CHAPMAN TERRI CHIEF NURSING OFFICER 40.00
Highest
$135,340 $16,903 $152,243
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 $82,615,013 $72,596,731 $61,769,410 $10,018,282
2024 $65,435,637 $61,565,274 $48,837,460 $3,870,363
2023 $52,894,191 $54,795,543 $37,435,461 $-1,901,352
2022 $59,653,741 $61,219,587 $30,382,996 $-1,565,846
2021 $25,758,960 $23,326,814 $33,443,687 $2,432,146
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