Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1949.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
42 people listed on the 990; $3.5M paid to officers and key staff.
Sandra Doran’s $514K as President is at the 39th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Carol Leary | — | — | — | $242,298 | $1,442,549 | — |
| Sandra Doran | $514,138 | $468,000 | $455,780 | $444,216 | $238,512 | — |
| Dr Carol a Leary | — | — | — | — | — | $494,510 |
| Michael Giampietro | $280,137 | $251,867 | $260,334 | $232,009 | $222,694 | $224,856 |
| John Caron | — | $244,688 | — | — | — | — |
| Kathleen Bourque | $240,708 | $214,533 | $224,139 | $186,981 | $190,114 | $188,646 |
| Frank Rojas | $240,088 | $227,835 | $227,513 | — | — | — |
| Melissa Morriss-Olsen | $191,179 | $187,555 | $181,410 | $177,731 | — | $236,518 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides higher education and campus services to empower undergraduate women and graduate students for leadership roles in their careers and communities.
Questions for Bay Path University
Your first name shows with your question. Bay Path University answers here, for everyone.
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The university provides instructions, academic support, student services, and student financial aid to carry out its exempt purposes, serving approximately 3,400 students.
Auxiliary enterprises provide services for the convenience of the students, faculty, and staff. This includes dining services, student housing, the bookstore, and other miscellaneous services. The university served approximately 3,400 students, including approximately 300 resident students.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $8.8M | $13.3M |
| InvestmentsLn 11–13 | $66.5M | $84.2M |
| Land, buildings, equipmentLn 10c | $36.0M | $34.0M |
| Total assetsLn 16 | $117.8M | $138.5M |
| LiabilitiesLn 26 | $28.6M | $29.5M |
| Net assetsLn 32 | $89.2M | $109.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $82K | $82K | ||
| Grants to domestic individualsLn 2 | $13.0M | $13.0M | ||
| Grants and assistance to foreign recipientsLn 3 | $28K | $28K | ||
| Pay of current officers, directors and key staffLn 5 | $2.1M | $429K | $1.6M | |
| Other salaries and wagesLn 7 | $26.5M | $22.5M | $3.4M | $512K |
| Pension plan contributionsLn 8 | $718K | $577K | $128K | $13K |
| Other employee benefitsLn 9 | $2.0M | $1.5M | $520K | $34K |
| Payroll taxesLn 10 | $2.2M | $1.8M | $395K | $40K |
| Management feesLn 11a | $533K | $525K | $9K | |
| Legal feesLn 11b | $58K | $58K | ||
| Accounting feesLn 11c | $75K | $75K | ||
| Professional fundraising feesLn 11e | $172K | $172K | ||
| Other fees for servicesLn 11g | $4.7M | $3.4M | $1.3M | $76K |
| Advertising and promotionLn 12 | $4.3M | $4.2M | $64K | |
| Office expensesLn 13 | $1.1M | $702K | $397K | $24K |
| Information technologyLn 14 | $927K | $717K | $210K | |
| OccupancyLn 16 | $1.2M | $926K | $241K | |
| TravelLn 17 | $21K | $14K | $5K | $2K |
| Conferences, conventions and meetingsLn 19 | $45K | $36K | $10K | |
| InterestLn 20 | $515K | $515K | ||
| Depreciation, depletion and amortizationLn 22 | $2.8M | $2.6M | $257K | |
| InsuranceLn 23 | $237K | $237K | ||
| Other expenses (24a–d)Ln 24 | $1.4M | $911K | $510K | $8K |
| Total functional expensesLn 25 | $64.7M | $53.9M | $10.0M | $881K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $104.0M | $84.4M | $19.5M | $134.9M | 990 PDF |
| FY2024 | $67.3M | $66.7M | $639K | $111.4M | 990 PDF |
| FY2023 | $61.7M | $61.9M | −$233K | $103.6M | 990 PDF |
| FY2022 | $66.6M | $64.8M | $1.9M | $98.8M | 990 PDF |
| FY2021 Viewing | $73.7M | $64.7M | $8.9M | $109.0M | 990 PDF |
| FY2020 | $71.7M | $68.6M | $3.0M | $89.2M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $73,665,718 revenue, 12 lines filed
Part VI · Governance 30 of 30 board members independent, no flags
Part VIII · Statement of revenue $73,665,718 across 12 lines filed
Part IX · Statement of functional expenses $64,718,801 across 23 lines filed
Part X · Balance sheet $138,475,237 assets, 19 lines filed
Part XI · Reconciliation of net assets $108,979,448 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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