501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$1.9M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $1.1M a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.9M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $107.4M in investments, Pt X · Ln 11–13
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $70K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$31.2M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 22 voting members
Looks good: 20 of 22 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$62.8M
-18% vs prior year
Spent
$74.2M
To programs
86%
Net assets
$151.3M
By yearFY2020–FY2025
Revenue
$62.8M
FY2023▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$92.8M
FY2021$107.4M
FY2022$76.9M
FY2023$62.8M
FY2024$76.0M
FY2025$82.6M
Expenses
$74.2M
FY2023▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$91.2M
FY2021$89.5M
FY2022$75.5M
FY2023$74.2M
FY2024$78.6M
FY2025$83.0M
Net assets
$151.3M
FY2023▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$147.2M
FY2021$161.9M
FY2022$144.5M
FY2023$151.3M
FY2024$157.5M
FY2025$163.5M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1941.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $63.5M Management & general 10% · $7.2M Fundraising 5% · $3.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

36 people listed on the 990; $1.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$414,184Pt VII · Sec A
Professor (thru 06/2022)
$354,610Pt VII · Sec A
EVP and Chief of Staff
$195,605Pt VII · Sec A
EVP for Academic Affairs
$181,576Pt VII · Sec A
VP for Finance & CFO
$169,165Pt VII · Sec A
Vice President for Marketing & Ext.
$157,054Pt VII · Sec A
VP for Student Life
$145,659Pt VII · Sec A
VP for Advancement
$141,030Pt VII · Sec A

Michael D Hammond’s $399K as President is at the 80th percentile of top reported officer pay among 3683 $10–100M 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
D Michael Lindsay———$271,546$573,134$395,708
Michael D Hammond$398,566$409,380$414,184$223,863——
Salome Brooks——$354,610———
Paul Edwards—————$265,295
John Truschel————$208,294$205,473
Daniel Tymann—$135,160$195,605$202,354$177,192$167,305
Sandra Doneski$187,302$183,310$181,576$172,617$166,700$125,524
Stephen D Lacorazza—$171,285$169,165$154,468——

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.

See Gordon College executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Educates students for lives of service and leadership with intellectual maturity and Christian character.

Questions for Gordon College

Tap to ask. Gordon College sees how many people are interested.

Your first name shows with your question. Gordon College answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $63.5M · in their own filed words · FY2022
01

Higher Education

Our largest program service is providing education and instruction to individuals giving them an opportunity to earn a degree. Gordon college is the only nondenominational christian liberal arts college in new england.

$45.0Mprogram expense
02

Auxiliary programs related to the educational process for dormitory housing, food service, bookstore, lavida outdoor experience, balance and mobility center, summer athletic camps and other summer programs. There were 1118 resident students in the fall semester 2022 and 1060 in the spring semester 2023.

$16.8Mprogram expense
03

Higher Education

Gordon college has graduate programs in education, music education, leadership, and financial analysis conferring degrees in masters of education, masters of music education, master of arts in leadership, and master of science in financial analysis.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$70K
See all 3 funders →
Grants paid · 39 grants · $109.1M · 2019–2024
Unitemized GrantFY2024$15,559,974
Unitemized GrantFY2024$247,632
Unitemized GrantFY2024$162,460
Unitemized GrantFY2024$24,989
Unitemized GrantFY2023$14,233,054
Unitemized GrantFY2023$250,809
Unitemized GrantFY2023$162,460
Unitemized GrantFY2023$15,559
Unitemized GrantFY2022$13,024,777
Unitemized GrantFY2022$206,033
Unitemized GrantFY2022$162,460
Unitemized GrantFY2022$40,457
Unitemized GrantFY2022$20,000
Unitemized GrantFY2022$15,088
Unitemized GrantFY2021$12,499,873
Unitemized GrantFY2021$206,033
Unitemized GrantFY2021$175,483
Unitemized GrantFY2021$162,460
See all 39 grants →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$62.8M
Ln 12
Fees for servicesLn 2g$55.6M
Gifts and grantsLn 1h$13.8M
Investment incomeLn 3$2.4M
Money outPt IX
$74.2M
Ln 25
Programscol B$63.5M
Managementcol C$7.2M
Fundraisingcol D$3.5M
Owns and owesPt X
$151.3M
net assets · Ln 32
Cash and savingsLn 1–2$12.4M
Total assetsLn 16$182.4M
LiabilitiesLn 26$31.2M
PeoplePt VI, VII
36
listed · VII A
PaidVII A10
Voting boardVI 1a22
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$13.8M
Government grantsLn 1e$988K
Noncash giftsLn 1g$620K
Fees for servicesLn 2g$55.6M
Investment incomeLn 3$2.4M
Gains on assetsLn 7−$8.7M
Total revenueLn 12$62.8M
Assets in detailPt X, end of year
CashLn 1$3.4M
SavingsLn 2$9.1M
Cash and savings togetherLn 1–2$12.4M
InvestmentsLn 11–13$107.4M
Land, buildings, equipmentLn 10c$44.3M
Other assetsLn 15$314K
Total assetsLn 16$182.4M
LiabilitiesLn 26$31.2M
Net assetsLn 32$151.3M
OperationsPt I, VI
EmployeesI 51,545
VolunteersI 622
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$12.4M$12.4M
InvestmentsLn 11–13$88.9M$107.4M
Land, buildings, equipmentLn 10c$46.2M$44.3M
Total assetsLn 16$191.9M$182.4M
LiabilitiesLn 26$47.5M$31.2M
Net assetsLn 32$144.5M$151.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$13.5M$13.5M
Grants and assistance to foreign recipientsLn 3$2.4M$2.4M
Pay of current officers, directors and key staffLn 5$1.2M$403K$723K$46K
Pay of disqualified personsLn 6$221K$131K$52K$37K
Other salaries and wagesLn 7$25.2M$19.1M$4.7M$1.5M
Pension plan contributionsLn 8$23K$17K$5K$2K
Other employee benefitsLn 9$4.7M$3.4M$932K$307K
Payroll taxesLn 10$1.7M$1.3M$357K$113K
Legal feesLn 11b$398K$398K
Accounting feesLn 11c$183K$183K
Investment management feesLn 11f$293K$293K
Other fees for servicesLn 11g$6.9M$5.9M$839K$220K
Advertising and promotionLn 12$746K$146K$1K$599K
Office expensesLn 13$2.3M$1.7M$407K$179K
Information technologyLn 14$1.2M$453K$660K$113K
OccupancyLn 16$4.2M$4.1M$119K$23K
TravelLn 17$2.3M$2.1M$123K$83K
Conferences, conventions and meetingsLn 19$16K$14K$2K
Depreciation, depletion and amortizationLn 22$4.6M$4.3M$269K$52K
InsuranceLn 23$385K$110K$274K$925
Other expenses (24a–d)Ln 24$1.4M$4.4M−$3.2M$188K
All other expensesLn 24e$268K$134K$119K$15K
Total functional expensesLn 25$74.2M$63.5M$7.2M$3.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $82.6M$83.0M−$404K$163.5M 990 PDF
FY2024 $76.0M$78.6M−$2.5M$157.5M 990 PDF
FY2023 Viewing $62.8M$74.2M−$11.4M$151.3M 990 PDF
FY2022 $76.9M$75.5M$1.3M$144.5M 990 PDF
FY2021 $107.4M$89.5M$17.9M$161.9M 990 PDF
FY2020 $92.8M$91.2M$1.6M$147.2M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $62,766,673 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,699,827$13,845,083
I-9 Program service revenuePrior year $56,350,598$55,608,078
I-10 Investment incomePrior year $9,790,328−$6,321,458
I-11 Other revenuePrior year $33,740−$365,030
I-12 Total revenuePrior year $76,874,493$62,766,673
I-13 Grants and similar amounts paidPrior year $14,862,167$15,874,631
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $33,739,068$33,056,220
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $26,940,325$25,235,278
I-18 Total expensesPrior year $75,541,560$74,166,129
I-19 Revenue less expensesPrior year $1,332,933−$11,399,456
Part VI · Governance 20 of 22 board members independent, no flags
VI-1a Voting members of the governing body22
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $62,766,673 across 11 lines filed
Lines not itemized here account for $2,524,977 of total revenue; see the IRS return.
VIII-1e Government grants$988,381
VIII-1f All other contributions, gifts and grants$12,856,702
VIII-1g Noncash contributions (included above)$619,912
VIII-1h Total contributions, gifts and grants$13,845,083
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $53,083,101$53,083,101
VIII-3 Investment incomeExcluded from tax $2,381,654$2,381,654
VIII-5 RoyaltiesExcluded from tax $5$5
VIII-6 Net rental income or lossExcluded from tax $13,740$13,740
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$8,703,112−$8,703,112
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax −$378,775−$378,775
VIII-12 Total revenueRelated to mission $55,608,078 · Unrelated business $0 · Excluded from tax −$6,686,488$62,766,673
Part IX · Statement of functional expenses $74,166,129 across 22 lines filed
IX-2 Grants to domestic individualsPrograms $13,468,815$13,468,815
IX-3 Grants and assistance to foreign recipientsPrograms $2,405,816$2,405,816
IX-5 Pay of current officers, directors and key staffPrograms $403,217 · Management $722,569 · Fundraising $46,337$1,172,123
IX-6 Pay of disqualified personsPrograms $131,125 · Management $52,238 · Fundraising $37,385$220,748
IX-7 Other salaries and wagesPrograms $19,072,376 · Management $4,651,843 · Fundraising $1,500,411$25,224,630
IX-8 Pension plan contributionsPrograms $17,057 · Management $4,788 · Fundraising $1,517$23,362
IX-9 Other employee benefitsPrograms $3,435,518 · Management $932,401 · Fundraising $307,130$4,675,049
IX-10 Payroll taxesPrograms $1,270,634 · Management $356,692 · Fundraising $112,982$1,740,308
IX-11b Legal feesManagement $397,722$397,722
IX-11c Accounting feesManagement $183,266$183,266
IX-11f Investment management feesManagement $292,984$292,984
IX-11g Other fees for servicesPrograms $5,874,573 · Management $839,255 · Fundraising $220,107$6,933,935
IX-12 Advertising and promotionPrograms $146,356 · Management $1,423 · Fundraising $598,638$746,417
IX-13 Office expensesPrograms $1,720,995 · Management $406,913 · Fundraising $178,614$2,306,522
IX-14 Information technologyPrograms $452,880 · Management $660,082 · Fundraising $112,702$1,225,664
IX-16 OccupancyPrograms $4,065,410 · Management $118,635 · Fundraising $22,588$4,206,633
IX-17 TravelPrograms $2,089,408 · Management $123,466 · Fundraising $82,924$2,295,798
IX-19 Conferences, conventions and meetingsPrograms $13,696 · Management $1,916$15,612
IX-22 Depreciation, depletion and amortizationPrograms $4,299,395 · Management $269,045 · Fundraising $51,584$4,620,024
IX-23 InsurancePrograms $109,843 · Management $274,130 · Fundraising $925$384,898
IX-24 Other expenses (24a–d)Programs $4,391,132 · Management −$3,221,900 · Fundraising $188,198$1,357,430
IX-24e All other expensesPrograms $134,205 · Management $118,891 · Fundraising $15,277$268,373
IX-25 Total functional expensesPrograms $63,502,451 · Management $7,186,359 · Fundraising $3,477,319$74,166,129
Part X · Balance sheet $182,425,243 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $9,467,549$3,368,221
X-2 Savings and temporary cash investmentsStart of year $2,922,688$9,064,781
X-3 Pledges and grants receivableStart of year $39,793,568$14,896,839
X-4 Accounts receivableStart of year $2,705,569$1,682,104
X-8 Inventories for sale or useStart of year $15,803$14,891
X-9 Prepaid expenses and deferred chargesStart of year $1,255,447$1,396,523
X-10c Land, buildings and equipment, netStart of year $46,205,132$44,256,172
X-11 Publicly traded securitiesStart of year $87,743,198$106,622,783
X-13 Program-related investmentsStart of year $1,154,592$809,033
X-15 Other assetsStart of year $647,264$313,896
X-16 Total assetsStart of year $191,933,809$182,425,243
X-17 Accounts payable and accrued expensesStart of year $1,794,780$1,810,743
X-19 Deferred revenueStart of year $2,132,560$1,699,969
X-20 Tax-exempt bond liabilitiesStart of year $30,074,441$14,737,029
X-25 Other liabilitiesStart of year $11,492,269$9,434,421
X-26 Total liabilitiesStart of year $47,479,033$31,160,767
X-27 Net assets without donor restrictionsStart of year $39,659,421$69,717,043
X-28 Net assets with donor restrictionsStart of year $104,795,355$81,547,433
X-32 Total net assets or fund balancesStart of year $144,454,776$151,264,476
X-33 Total liabilities and net assetsStart of year $191,933,809$182,425,243
Part XI · Reconciliation of net assets $151,264,476 net assets at year end
XI-1 Total revenue$62,766,673
XI-2 Total expenses$74,166,129
XI-3 Revenue less expenses−$11,399,456
XI-4 Net assets at start of year$144,454,776
XI-5 Net unrealized gains (losses) on investments$16,944,519
XI-9 Other changes in net assets$1,264,637
XI-10 Net assets at end of year$151,264,476

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.