Becker College EIN 04-2108346

Becker College

EIN  04-2108346 Higher education institution Worcester, MA Founded 1784
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/8/26 · see original filing: IRS
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Size
$10–100M
What they do
Offers academic and career education, preparing graduates for work or further study.
Leadership
Nancy Crimmin · President · $274K
Money in and out
$64.6M revenue, $64.8M expenses
Bottom line
0% operating surplus

Offers academic and career education, preparing graduates for work or further study. For fiscal year 2021 it reported $64.6M in revenue, $64.8M in expenses, and $21.3M in net assets.Pt I

Financial scale & money flow · FY2021
Total revenue
$64.6M
Pt VIII · Ln 12
Total expenses
$64.8M
Pt IX · Ln 25
Net assets
$21.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$160K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.22 Fundraising $0.01
Operating surplus
0%
revenue over expenses, this legal entity▲ +81% vs prior filing year
Payroll share
30%
of this entity's spending is salaries & benefits▼ -3% vs prior filing year
Program spending
76%
of expenses reach program services▼ -5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$64.6M
FY2021▼ -6%
Expenses
$64.8M
FY2021▼ -7%
Total assets
$39.7M
FY2021▼ -17%
Total liabilities
$18.4M
FY2021▼ -24%
Total revenue
$64.6M
Pt VIII · Ln 12
Total expenses
$64.8M
Pt IX · Ln 25
Net assets
$21.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$160K
Total assetsPt X · Ln 16$39.7M
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

3 program services account for $43.2M of program spending, described in the organization's own filed words · FY2020.
01

Student financial aid- federal supplemental education opportunity grants, federal work study program, college scholarships and tuition remission

$28.4Mprogram expense
02

Instructional

Faculty, library & evening division

$8.5Mprogram expense
03

Student Services

Registrar's office, student service administration, student services, admissions and financial aid administration

$6.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBecker College
EINHdr · item D04-2108346
Principal addressHdr · item CWorcester, MA
WebsiteHdr · item Jwww.beckercollege.edu
Year of formationHdr · item L1784
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President
$273,677Pt VII · Sec A
Exec VP/CFO
$211,989Pt VII · Sec A
VP of Development
$196,000Pt VII · Sec A
Dean of Design
$178,000Pt VII · Sec A
Controller
$153,023Pt VII · Sec A
VP of Student Affairs
$145,172Pt VII · Sec A
$131,757Pt VII · Sec A
VP of Academics
$111,371Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2021FY2020
David a Ellis$211,989$320,930
Nancy Crimmin$273,677$303,285
Lorita Williams$196,000
Alan Ritacco$178,000$141,508
Julie Bailey$104,717$168,300
Frank Millerick$145,172$154,588
Richard Naylor$153,023$145,645
Mary Ellen Mahoney$131,757$138,733

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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Statement of Revenue

Part VIII
Program service revenue$56.9M · 88%
Contributions & grants$6.4M · 10%
Investment income$1.3M · 2%
Program service revenue88%$56.9M
Contributions & grants10%$6.4M
Investment income2%$1.3M
— government grantsLn 1e$5.2M
Total revenueLn 12$64.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.22 Fundraising $0.01
Program services76%$49.5M
Management & general22%$14.6M
Fundraising1%$767K
Total functional expensesLn 25$64.8M

Balance Sheet

Part X · end of year
CashLn 1$1.8M
Total assetsLn 16$39.7M
Total liabilitiesLn 26$18.4M
Total net assetsLn 32$21.3M
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.0M · Operating expenses/yr $64.8M
1.3 months
Where the money goes
Program services
Program services $49.5M · Total expenses $64.8M
76%
Management & General
Management & general $14.6M · Total expenses $64.8M
22%
Fundraising
Fundraising $767K · Total expenses $64.8M
1%
Cost to raise $1
Fundraising expense (2-yr avg) $801K · Solicited contributions (2-yr avg) $1.5M
$0.52 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $6.4M · Total revenue $64.6M
10%
Government reliance
Government grants $5.2M · Total revenue $64.6M
8%
Earned-income share
Program service revenue $56.9M · Total revenue $64.6M
88%
Investment reliance
Investment income $1.3M · Total revenue $64.6M
+2%
Program self-sufficiency
Program service revenue $56.9M · Total expenses $64.8M
88%
Growth & trend
Revenue growth (YoY)
This year $64.6M · Prior year $68.5M
-6%
Net-asset trend (YoY)
End of year $21.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $64.6M · Expenses $64.8M
0%
Liabilities-to-Assets
Total liabilities — · Total assets $39.7M
Net-asset ratio
Net assets $21.3M · Total assets $39.7M
54%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.7M · Other securities (Pt X, ln 12) $1.4M · Total assets (Pt X, ln 16) $39.7M
13%
People & payroll
Highest Reported Total Compensation
Individual Nancy Crimmin · Reported title PRESIDENT · Highest reported compensation $274K · Total expenses $64.8M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $19.1M · Total expenses $64.8M
30%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 22%
Fundraising cost ratio 12%
Revenue growth -6%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$5
Grants paid · 2 grants · $53.1M · 2019–2020
Unitemized GrantFY2020$26,731,897
Unitemized GrantFY2019$26,387,766

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$64.6M revenue · viewing · ⤓ 990 PDF
FY2020$68.5M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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