Pitzer College

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Principal Officer

Strom C Thacker

Phone

9096218043

Tax Period

2024-07-01 to 2025-06-30

Pitzer College, founded in 1963, is a major nonprofit in the Education sector that reported $113.6M in total revenue in fiscal year 2024. Net assets of $287.5M represent 30 months of operating reserves.

Mission

Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education emphasizing social justice, intercultural understanding and environmental sensitivity. The meaningful participation of students, faculty and staff in college governance and academic program design is a Pitzer core value. Our community thrives within the mutually supportive framework of The Claremont Colleges, which provide an unsurpassed breadth of academic, athletic and social opportunities.

Program Service Accomplishments

Program 1

Expenses: $96,203,860 Revenue: $100,940,573

Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 1,169 students. Pitzer College produces engaged...

Pitzer College is an educational institution focusing on undergraduate education. The undergraduate full time equivalent enrollment for the year was 1,169 students. Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education, emphasizing social justice, intercultural understanding and environmental sensitivity.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,372,827

Program Service Revenue $101,005,732

Investment Income $7,478,798

Other Revenue $725,482

TOTAL REVENUE $113,582,839

Expense Breakdown

Grants Paid $22,734,207

Salaries & Benefits $47,248,014

Fundraising Expenses $1,826,862

Program Expenses $96,203,860

Other Expenses $42,104,312

TOTAL EXPENSES $112,086,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$113,582,839	$108,539,452	+0.0%
Expenses	$112,086,533	$106,720,082	+0.1%
Net Income	$1,496,306	$1,819,370	-0.2%

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

Governance

Voting Members

Independent Members

Employees

1222

Volunteers

136

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

$1,857,341

Total Directors

$714,200

Key Employees

$1,161,936

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Strom C Thacker	President	40.00	Officer Director	$531,615	$182,585	$714,200
Laura Schaefer	COO, VP and Treasurer	40.00	Officer	$377,612	$117,547	$495,159
Sharon N Snowiss	Professor/Faculty (thru 07/24)	40.00	Highest	$419,921	$12,088	$432,009
Nigel J Boyle	Professor/Faculty	40.00	Highest	$395,269	$23,629	$418,898
Allen M Omoto - VP of	Academic Affairs/Dean of Faculty	40.00	Key Emp	$303,753	$77,291	$381,044
David S Moore	Professor/Faculty (thru 06/24)	40.00	Highest	$279,649	$21,938	$301,587
James S Marchant	Vice President & Chief of Staff	40.00	Key Emp	$249,183	$34,397	$283,580
Elisa Alban-Ashley	Executive Director of Operations	40.00	Highest	$217,594	$46,261	$263,855
Yvonne C Berumen	VP of Admission & Fin. Aid	40.00	Key Emp	$216,912	$46,527	$263,439
Patrice Langevin - AVP of	Facilities, Cap. Projects & Safety	40.00	Highest	$221,787	$40,358	$262,145
Pamela Mader	AVP for Finance	40.00	Officer	$182,506	$61,115	$243,621
Gary Cordova - VP of College	Advancement & Communications	40.00	Key Emp	$181,654	$52,219	$233,873
Mia Alonzo	Assistant VP/Controller	4.00	Officer	$0	$42,581	$244,143
Melanie Lacy Sorenson	Board Secretary	40.00	Officer	$127,910	$32,308	$160,218
Donald P Gould	Chair of the Board	8.00	Officer Director	$0	$0	$0
Michele Siqueiros	Vice Chair of the Board	8.00	Officer Director	$0	$0	$0
Jonathan Abbott	Trustee (as of 05/25)	2.00	Director	$0	$0	$0
Sekou Andrews	Trustee (as of 08/24)	2.00	Director	$0	$0	$0
Bridget Baker	Trustee	2.00	Director	$0	$0	$0
Diana Bob	Trustee	2.00	Director	$0	$0	$0
Gerri Bock	Trustee	2.00	Director	$0	$0	$0
Thomas Brock	Trustee	2.00	Director	$0	$0	$0
Harold A Brown	Trustee	2.00	Director	$0	$0	$0
Hali Croner	Trustee	2.00	Director	$0	$0	$0
Mark Cunningham	Trustee	2.00	Director	$0	$0	$0
Stephen Davis	Trustee	2.00	Director	$0	$0	$0
Tyrus Emory	Trustee	2.00	Director	$0	$0	$0
Louise Ann Fernandez	Trustee (thru 01/25)	2.00	Director	$0	$0	$0
Julie Flapan	Trustee	2.00	Director	$0	$0	$0
Ruett Stephen Foster	Trustee	2.00	Director	$0	$0	$0
Wendy Glenn	Trustee	2.00	Director	$0	$0	$0
David H Good	Trustee	2.00	Director	$0	$0	$0
Jonathan P Graham	Trustee	2.00	Director	$0	$0	$0
Jill A Klein	Trustee	2.00	Director	$0	$0	$0
Gina Hoagland	Trustee	2.00	Director	$0	$0	$0
David B Levin	Trustee	2.00	Director	$0	$0	$0
Derek Mitchell	Trustee	2.00	Director	$0	$0	$0
Kenneth R Pitzer	Trustee	2.00	Director	$0	$0	$0
James S Rhodes III	Trustee	2.00	Director	$0	$0	$0
Alissa Okuneff Roston	Trustee	2.00	Director	$0	$0	$0
William D Sheinberg	Trustee	2.00	Director	$0	$0	$0
Shahan Soghikian	Trustee	2.00	Director	$0	$0	$0
Louise Beaudette Thornton	Trustee	2.00	Director	$0	$0	$0
Tracy M Tindle	Trustee	2.00	Director	$0	$0	$0
Cathy Siegel Weiss	Trustee	2.00	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	$113,582,839	$112,086,533	$381,744,220	$1,496,306
2024	$108,539,452	$106,720,082	$370,941,078	$1,819,370
2023	$102,976,428	$98,877,204	$359,153,891	$4,099,224
2022	$100,475,208	$87,841,494	$346,814,524	$12,633,714
2021	$62,327,201	$59,938,668	$349,158,922	$2,388,533
2020	$87,218,452	$78,945,945	$313,941,759	$8,272,507
2019	$86,895,515	$79,345,284	$300,841,816	$7,550,231
2018	$91,603,051	$79,722,037	$288,767,652	$11,881,014