COLBY-SAWYER COLLEGE Charity Report

Public IRS 990 nonprofit record

COLBY-SAWYER COLLEGE

EIN 02-0222120 · Education (B420)

What they do

Colby-Sawyer College is A Private, Independent, Residential, College With A Mission to Offer Undergraduate and Graduate Educational Programs Based In The Liberal Arts and Health, Social, and Natural Sciences, With A Focus On Vocational Exploration and Experiential Learning, Which Prepare Students to Thrive In, and Make A Positive Impact Upon A Dynamic, Diverse, and Interdependent World. Engaged Robust Partnerships Will Support Students Academic, Intellectual, Personal and Professional Growth, Align With Workforce Development Needs, and Enhance Individual and Community Well-being and Resilience. Colby-Sawyer College Was Founded As An Academy In 1837 and Has Been Integrated In Higher Education Since 1928.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.64%of revenue went to mission work74.0% of expenses · Program services

2.21%of revenue went to fundraising2.3% of expenses

$96.75spent for every $100 of revenueRevenue covered expenses this year.

22.91%of revenue went to management and office costs23.7% of expenses

$3.28in assets for every $1 spent this yearSome assets cannot be spent right away.

25.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $221,214 for EDEN WALES (VP ACADEMIC). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$48,161,648

Mission workProgram services$34,500,79771.64% of revenue74.0% of expenses

ManagementOffice and general costs$11,032,70022.91% of revenue23.7% of expenses

FundraisingAsking for donations$1,064,7752.21% of revenue2.3% of expenses

Revenue left after expensesReported annual surplus$1,563,3763.25% of revenueShown in gray on the chart

Total expenses$46,598,27296.75% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 74.0% mission · 23.7% management · 2.3% fundraisingTotal expenses: 96.75% of revenue

2023Expense mix: 71.9% mission · 26.0% management · 2.1% fundraisingTotal expenses: 92.38% of revenue

2022Expense mix: 80.5% mission · 17.9% management · 1.6% fundraisingTotal expenses: 92.43% of revenue

2021Expense mix: 81.4% mission · 17.0% management · 1.6% fundraisingTotal expenses: 86.16% of revenue

2020Expense mix: 82.3% mission · 16.2% management · 1.5% fundraisingTotal expenses: 76.79% of revenue

2019Expense mix: 83.5% mission · 14.9% management · 1.6% fundraisingTotal expenses: 91.74% of revenue

2018Expense mix: 89.6% mission · 8.9% management · 1.5% fundraisingTotal expenses: 93.20% of revenue

2017Expense mix: 84.1% mission · 14.3% management · 1.7% fundraisingTotal expenses: 105.98% of revenue

Money in and money out

Revenue$48,161,648

Expenses$46,598,272

Annual surplus $1,563,376 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$34,500,797 · 74.0% of expenses

Management and office costs$11,032,700 · 23.7% of expenses

Fundraising$1,064,775 · 2.3% of expenses

See all reported dollar amounts

Revenue$48,161,648

Expenses$46,598,272

Assets$152,944,168

Income$75,566,545

Contributions$12,420,636

Mission work (program services)$34,500,797

Fundraising$1,064,775

Management and general$11,032,700

Stocks and bonds$76,179,239

Accounting fees$86,525

Investing fees$73,285

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

EDEN WALESVP ACADEMIC · 40 hrs/week $221,214Base $198,074 · Other $23,140

LAURA SYKESPAST INTERIM PRESIDENT · 40 hrs/week $212,036Base $192,604 · Other $19,432

VALERIE LECLAIRVP ENROLLMENT MANAGEMENT · 40 hrs/week $203,065Base $165,283 · Other $37,782

SUSAN STUEBNERFORMER PRESIDENT $202,450Base $183,386 · Other $19,064

KAREN BONEWALDVP OF FINANCE & ADMINISTRATION · 40 hrs/week $198,047Base $193,208 · Other $4,839

JOAN LOFTUSASSOCIATE DEAN · 40 hrs/week $193,114Base $154,448 · Other $38,666

ROBIN DAVISVP STUDENT DEVELOPMENT · 40 hrs/week $174,213Base $137,057 · Other $37,156

DANIEL PARISHVP ADVANCEMENT · 40 hrs/week $169,065Base $165,400 · Other $3,665

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

EDEN WALESVP ACADEMIC

LAURA SYKESPAST INTERIM PRESIDENT

VALERIE LECLAIRVP ENROLLMENT MANAGEMENT

SUSAN STUEBNERFORMER PRESIDENT

KAREN BONEWALDVP OF FINANCE & ADMINISTRATION

JOAN LOFTUSASSOCIATE DEAN

ROBIN DAVISVP STUDENT DEVELOPMENT

DANIEL PARISHVP ADVANCEMENT

MARGARET V MULLEYTRUSTEE

WILLIAM H MITCHELLTRUSTEE

SALLY SHAW VEITCHTRUSTEE

STEPHEN WRIGHTTRUSTEE

SUSAN D POMERANTZTRUSTEE

SUSAN MACMICHAEL JOHNTRUSTEE

THOMAS C CSATARITRUSTEE

WENDY G CAREYTRUSTEE

AIMEE M CLAIBORNETRUSTEE

LISA M HOGARTYCHAIR

JOURDAIN K P BELLTRUSTEE

JOANN FRANKE OVERFIELDTRUSTEE

DEBORAH L COFFINTRUSTEE

DEAN G MCCURDYPRESIDENT

COLLIN D BRAYTRUSTEE

BRUCE P KINGTRUSTEE

BETH CONSTANTINIDES MEURLINTRUSTEE

BARBARA-JAN WILSONVICE CHAIR

ANN CARROLL HARRISTRUSTEE

AMY HEDISONTRUSTEE

About this charity

Recognized since: January 1941
Location: 541 MAIN ST, NEW LONDON, NH 03257-7818
County: Merrimack
In care of: Karen Bonewald
Primary officer: Karen Bonewald, VP Finance/Administration

How to reach them

WebsiteVisit the charity’s website Phone(603) 526-3000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BERRY DUNN MCNEIL & PARKER LLC
NTEE classification: Education (B420)