Elderhostel INC FY2021 filing

Tax-deductible

Boston, MA501(c)(3)Since 1975Recreation & SportsEIN 04-2632526

Elderhostel Inc., doing business as Road Scholar, sponsors, arranges or conducts educational programs around the world primarily for adults age 55 and older.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$3.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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 5
filings with a surplus
Average surplus $22.0M a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.3M
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $175K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$100.7M
75% of total assets
Worth a look: liabilities are 75% of assets; over 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.8M
Spent
$37.1M
To programs
68%
Net assets
$34.4M
By yearFY2021–FY2025
Revenue
$25.8M
FY2021
Revenue by fiscal year
FY2021$25.8M
FY2022$157.1M
FY2023$344.9M
FY2024$383.7M
FY2025$446.0M
Expenses
$37.1M
FY2021
Expenses by fiscal year
FY2021$37.1M
FY2022$158.1M
FY2023$307.0M
FY2024$344.1M
FY2025$401.0M
Net assets
$34.4M
FY2021
Net assets by fiscal year
FY2021$34.4M
FY2022$15.7M
FY2023$65.7M
FY2024$115.2M
FY2025$184.1M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 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 Apr 1978.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $25.4M Management & general 30% · $11.2M Fundraising 1% · $536K

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

Who runs it and what they're paid

26 people listed on the 990; $3.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President & CEO
$1,279,007Pt VII · Sec A
Chief Operating Officer
$205,693Pt VII · Sec A
Senior VP, Programs (thru Dec 2020)
$198,375Pt VII · Sec A
VP, Organizational Development & HR
$179,455Pt VII · Sec A
Senior VP, Revenue Management
$175,545Pt VII · Sec A
VP, Prg Dev, Contracting & Quality Services (thru Jan 2021)
$174,382Pt VII · Sec A
Senior VP, Communications & Marketing (thru Jan 2021)
$170,818Pt VII · Sec A
VP, Special Programs
$165,593Pt VII · Sec A

James Moses’s $1.3M as President & CEO is at the 43rd percentile of top reported officer pay among 21 $100M+ recreation & sports 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

NameFY2025FY2024FY2023FY2022FY2021
James Moses$1,334,926$1,038,882$1,078,191$955,334$1,279,007
Lowell Partridge$480,681$418,811$287,584$275,899$144,209
Eric Bird$473,512$438,445$303,948$223,357$205,693
Maeve Hartney$467,825$375,755$245,005$198,635$165,593
Mary Marks$453,026$374,846$246,680$246,388$175,545
Stephen August$335,445$339,211$216,481$186,073—
Joseph Lodato$336,954$282,870$204,764——
John McCarthy$336,286$289,166$225,156$195,576$157,266

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 Elderhostel INC executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Sponsors educational travel programs worldwide for adults 55 and older.

Provided by the organization

This section is blank until Elderhostel INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $12.3M of program spending, described in the organization's own filed words · FY2020.
01

Road Scholar's educational programs held outside the United States and Canada (ranging in length from one to six weeks or more for on-site programs, and one to five days for on-line programs) provide a stimulating academic experience introducing participants to the arts, history, literature, culture, architecture and natural environment…

$7.9Mprogram expense
02

Road Scholar's unique liberal arts educational programs in the United States and Canada (ranging in length from four days to three weeks for on-site programs, and one to five days for on-line programs and lectures), provide a stimulating academic experience exploring the arts, literature, sciences, history, culture, and environment of…

$4.1Mprogram expense
03

Road Scholar's Adventures Afloat programs (ranging in length from one week to four months). These programs are ship-based learning adventures that allow participants to experience the educational wonders of broad regions interconnected by the world's oceans and waterways.

$287Kprogram expense

Run this program? Claim this org to tell your story

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 · FY2024
See all 5 funders →
Grants paid · 2 grants · $47K · 2021–2021
Unitemized GrantFY2021$28,169
Unitemized GrantFY2021$19,197

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$25.8M
Ln 12
Investment incomeLn 3$16.1M
Gifts and grantsLn 1h$6.1M
Fees for servicesLn 2g$3.2M
Money outPt IX
$37.1M
Ln 25
Programscol B$25.4M
Managementcol C$11.2M
Fundraisingcol D$536K
Owns and owesPt X
$34.4M
net assets · Ln 32
Cash and savingsLn 1–2$21.4M
Total assetsLn 16$135.1M
LiabilitiesLn 26$100.7M
PeoplePt VI, VII
26
listed · VII A
PaidVII A14
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.1M
Government grantsLn 1e$2.5M
Noncash giftsLn 1g$151K
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$3.2M
Investment incomeLn 3$16.1M
Other incomeLn 4–11$415K
Gains on assetsLn 7$14.8M
Total revenueLn 12$25.8M
Assets in detailPt X, end of year
CashLn 1$451K
SavingsLn 2$21.0M
Cash and savings togetherLn 1–2$21.4M
InvestmentsLn 11–13$98.8M
Land, buildings, equipmentLn 10c$2.4M
Other assetsLn 15$1.4M
Total assetsLn 16$135.1M
LiabilitiesLn 26$100.7M
Net assetsLn 32$34.4M
OperationsPt I, VI
EmployeesI 5359
VolunteersI 6150
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 FY21End FY21
Cash and savingsLn 1–2$18.3M$21.4M
InvestmentsLn 11–13$86.3M$98.8M
Land, buildings, equipmentLn 10c$13.1M$2.4M
Total assetsLn 16$129.9M$135.1M
LiabilitiesLn 26$98.1M$100.7M
Net assetsLn 32$31.8M$34.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$1K$1K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$1.7M$327K$1.4M$11K
Pay of disqualified personsLn 6$186K$0$186K$0
Other salaries and wagesLn 7$11.8M$7.5M$4.1M$176K
Pension plan contributionsLn 8$725K$463K$249K$12K
Other employee benefitsLn 9$2.4M$1.6M$797K$19K
Payroll taxesLn 10$956K$538K$405K$13K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$75K$0$75K$0
Accounting feesLn 11c$82K$0$82K$0
Lobbying feesLn 11d$15K$0$15K$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$175K$0$175K$0
Other fees for servicesLn 11g$713K$677K$6K$30K
Advertising and promotionLn 12$293K$293K$0$0
Office expensesLn 13$590K$69K$500K$20K
Information technologyLn 14$2.9M$475K$2.4M$4K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$865K$928K−$75K$12K
TravelLn 17$1K$554$470$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$99K$0$99K$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$1.9M$606K$1.3M$12K
InsuranceLn 23$248K$12K$236K$0
Other expenses (24a–d)Ln 24$9.3M$10.1M−$785K$0
All other expensesLn 24e$2.0M$1.7M$38K$226K
Total functional expensesLn 25$37.1M$25.4M$11.2M$536K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $446.0M$401.0M$45.0M$184.1M 990 PDF
FY2024 $383.7M$344.1M$39.6M$115.2M 990 PDF
FY2023 $344.9M$307.0M$37.9M$65.7M 990 PDF
FY2022 $157.1M$158.1M−$991K$15.7M 990 PDF
FY2021 Viewing $25.8M$37.1M−$11.3M$34.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $25,807,817 across 16 lines filed
Lines not itemized here account for $28,978 of total revenue; see the IRS return.
VIII-1a Federated campaigns$967
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$2,520,474
VIII-1f All other contributions, gifts and grants$3,555,239
VIII-1g Noncash contributions (included above)$150,949
VIII-1h Total contributions, gifts and grants$6,076,680
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,240,967 · Unrelated business $0 · Excluded from tax $0$3,240,967
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,303,826$1,303,826
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $117,861$117,861
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $215,035$215,035
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $14,771,306$14,771,306
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $53,164 · Excluded from tax $0$53,164
VIII-12 Total revenueRelated to mission $3,269,945 · Unrelated business $53,164 · Excluded from tax $16,408,028$25,807,817
Part IX · Statement of functional expenses $37,131,476 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $1,247$1,247
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $326,803 · Management $1,372,449 · Fundraising $10,713$1,709,965
IX-6 Pay of disqualified personsPrograms $0 · Management $186,098 · Fundraising $0$186,098
IX-7 Other salaries and wagesPrograms $7,517,016 · Management $4,123,177 · Fundraising $176,290$11,816,483
IX-8 Pension plan contributionsPrograms $463,382 · Management $249,270 · Fundraising $12,125$724,777
IX-9 Other employee benefitsPrograms $1,608,664 · Management $797,239 · Fundraising $19,427$2,425,330
IX-10 Payroll taxesPrograms $538,479 · Management $404,633 · Fundraising $13,279$956,391
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $74,657 · Fundraising $0$74,657
IX-11c Accounting feesPrograms $0 · Management $81,634 · Fundraising $0$81,634
IX-11d Lobbying feesPrograms $0 · Management $15,000 · Fundraising $0$15,000
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $174,547 · Fundraising $0$174,547
IX-11g Other fees for servicesPrograms $677,127 · Management $6,173 · Fundraising $30,000$713,300
IX-12 Advertising and promotionPrograms $293,173 · Management $0 · Fundraising $0$293,173
IX-13 Office expensesPrograms $69,492 · Management $500,388 · Fundraising $19,685$589,565
IX-14 Information technologyPrograms $475,422 · Management $2,430,198 · Fundraising $3,530$2,909,150
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $927,603 · Management −$74,806 · Fundraising $12,219$865,016
IX-17 TravelPrograms $554 · Management $470 · Fundraising $0$1,024
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $99,325 · Fundraising $0$99,325
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $606,463 · Management $1,280,036 · Fundraising $12,322$1,898,821
IX-23 InsurancePrograms $12,000 · Management $236,076 · Fundraising $0$248,076
IX-24 Other expenses (24a–d)Programs $10,126,884 · Management −$785,442 · Fundraising $0$9,341,442
IX-24e All other expensesPrograms $1,742,373 · Management $38,155 · Fundraising $225,927$2,006,455
IX-25 Total functional expensesPrograms $25,386,682 · Management $11,209,277 · Fundraising $535,517$37,131,476
Part X · Balance sheet $135,068,845 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $627,938$451,159
X-2 Savings and temporary cash investmentsStart of year $17,679,972$20,998,221
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $2,901,988$6,020,399
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $9,318,720$5,016,033
X-10c Land, buildings and equipment, netStart of year $13,072,813$2,401,706
X-11 Publicly traded securitiesStart of year $84,339,571$96,948,275
X-12 Other securitiesStart of year $1,918,923$1,842,767
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$1,390,285
X-16 Total assetsStart of year $129,859,925$135,068,845
X-17 Accounts payable and accrued expensesStart of year $4,863,589$4,575,385
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $81,967,839$88,788,649
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$4,887,586
X-25 Other liabilitiesStart of year $11,225,345$2,425,161
X-26 Total liabilitiesStart of year $98,056,773$100,676,781
X-27 Net assets without donor restrictionsStart of year $29,080,062$30,729,996
X-28 Net assets with donor restrictionsStart of year $2,723,090$3,662,068
X-32 Total net assets or fund balancesStart of year $31,803,152$34,392,064
X-33 Total liabilities and net assetsStart of year $129,859,925$135,068,845
Part XI · Reconciliation of net assets $34,392,064 net assets at year end
XI-1 Total revenue$25,807,817
XI-2 Total expenses$37,131,476
XI-3 Revenue less expenses−$11,323,659
XI-4 Net assets at start of year$31,803,152
XI-5 Net unrealized gains (losses) on investments$5,066,639
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$8,845,932
XI-10 Net assets at end of year$34,392,064

Form 990 e-file (XML) FY2021 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.