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Five Colleges Incorporated

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$10M (2023)

Expenses
$10.3M (2023)

Total Assets
$35.2M (2023)

Total Liabilities
$8.53M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,026,013
Expenses
$10,327,953
Net Income
-$301,940
Net Assets
$26,661,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,624,978
16.2%
Program Services $7,849,971
78.3%
Investment Income $551,064
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $613,653
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,139,509
20.7%
Assets/Debt
Total Assets $35,196,036
Total Liabilities $8,534,584
Net Assets $26,661,452
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Sarah Pfatteicher (Executive Director/Clerk) $274,215 $0 $42,414
Yvette Morneau (Treasurer) $133,040 $0 $14,510
Ruth Rauluk (Director Of Risk Managment) $118,719 $0 $27,960
Maria Toyofuku (Dir. Of It And Enterprise Initiative) $112,040 $0 $13,613
Raymond Rennard (Director Of Academic Programs) $108,603 $0 $13,460
Lashonda Pettiford (Assistant Treasurer) $102,251 $0 $13,004
Edward Wingebach (President) $0 $0 $0
Kumble Subbaswamy (Vice President) $0 $0 $0
Michael Elliot (Board Member) $0 $0 $0
Kathleen Mccartney (Board Member) $0 $0 $0
Beverly Daniel Tatum (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,361,692
Expenses
$9,934,528
Net Income
$427,164
Net Assets
$25,796,781
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,184,295
21.1%
Program Services $7,706,312
74.4%
Investment Income $471,085
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $496,495
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,125,116
21.4%
Assets/Debt
Total Assets $34,378,872
Total Liabilities $8,582,091
Net Assets $25,796,781
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Sarah Pfatteicher (Executive Director/Clerk) $262,571 $0 $40,618
Yvette Morneau (Treasurer) $127,953 $0 $13,409
Ruth Rauluk (Director Of Risk Managment) $121,881 $0 $28,074
Maria Toyofuku (Dir. Of It And Enterprise Initiatives) $107,908 $0 $19,462
Raymond Rennard (Director Of Academic Programs) $104,513 $0 $11,933
Lashonda Pettiford (Assistant Treasurer) $98,825 $0 $12,246
Kathleen Mccartney (President) $0 $0 $0
Sonya Stephens (Vice President) $0 $0 $0
Carolyn Martin (Board Member) $0 $0 $0
Edward Wingebach (Board Member) $0 $0 $0
Kumble Subbaswamy (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,875,764
Expenses
$9,556,858
Net Income
$318,906
Net Assets
$28,175,666
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,235,102
22.6%
Program Services $7,279,270
73.7%
Investment Income $361,392
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $381,909
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,134,345
22.3%
Assets/Debt
Total Assets $37,135,646
Total Liabilities $8,959,980
Net Assets $28,175,666
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Sarah Pfatteicher (Executive Director/Clerk) $256,650 $0 $34,141
Yvette Morneau (Treasurer) $123,789 $0 $12,831
Maria Toyofuku (Dir. Of It And Enterprise Initiatives) $107,742 $0 $18,660
Raymond Rennard (Director Of Academic Programs) $103,157 $0 $10,821
Kathleen Mccartney (President) $0 $0 $0
Sonya Stephens (Vice President) $0 $0 $0
Carolyn Martin (Board Member) $0 $0 $0
Edward Wingebach (Board Member) $0 $0 $0
Kumble Subbaswamy (Board Member) $0 $0 $0
Martin Meehan (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,048,612
Expenses
$9,618,150
Net Income
$1,430,462
Net Assets
$23,889,498
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,979,788
27.0%
Program Services $7,643,250
69.2%
Investment Income $425,574
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $384,228
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,866,881
19.4%
Assets/Debt
Total Assets $33,094,368
Total Liabilities $9,204,870
Net Assets $23,889,498
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Sarah Pfatteicher (Executive Director/Clerk) $252,814 $0 $33,272
Yvette Morneau (Treasurer) $123,718 $0 $12,809
Maria Toyofuku (Director Of It And Enterprise Initiatives) $105,501 $0 $18,769
Kumble Subbaswamy (President) $0 $0 $0
Sonya Stephens (Board Member) $0 $0 $0
Kathleen Mc Cartney (Vice President) $0 $0 $0
Carolyn Martin (Board Member) $0 $0 $0
Edward Wingebach (Board Member) $0 $0 $0
Martin Meehan (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,382,613
Expenses
$9,644,183
Net Income
-$261,570
Net Assets
$22,361,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,096,159
11.7%
Program Services $7,855,633
83.7%
Investment Income $430,821
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $370,397
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,804,579
18.7%
Assets/Debt
Total Assets $31,482,900
Total Liabilities $9,121,819
Net Assets $22,361,081
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Neal B Abraham (Executive Director To April 2018) $183,670 $0 $29,579
Sarah Pfatteicher (Executive Director/Clerk) $176,601 $0 $31,830
Yvette Morneau (Treasurer) $119,483 $0 $12,465
Kumble Subbaswamy (President) $0 $0 $0
Sonya Stephens (Board Member) $0 $0 $0
Kathleen Mc Cartney (Vice President) $0 $0 $0
Carolyn Martin (Board Member) $0 $0 $0
Miriam Nelson (Board Member To April 2019) $0 $0 $0
Martin Meehan (Board Member) $0 $0 $0
Kenneth Rosenthal (Board Member April 2019 To August 2019) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,881,429
Expenses
$10,616,176
Net Income
-$1,734,747
Net Assets
$22,199,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $998,314
11.2%
Program Services $7,503,322
84.5%
Investment Income $373,808
4.2%
Bond Proceeds $5,985
0.1%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $532,092
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,807,317
17.0%
Assets/Debt
Total Assets $31,645,985
Total Liabilities $9,446,142
Net Assets $22,199,843
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Neal Abraham (Exec Director/Ceo,Clerk Through April 23, 2018) $295,293 $0 $45,400
Barbara Lucey (Treasurer Through Dec 31, 2017) $123,525 $0 $9,272
Yvette Morneau (Assistant Treasurer) $104,283 $0 $11,900
Kumble Subbaswamy (Vice President) $0 $0 $0
Sonya Stephens (Board Member) $0 $0 $0
Kathleen Mc Cartney (Board Member) $0 $0 $0
Carolyn Martin (Board Member) $0 $0 $0
Jonathan Lash (President) $0 $0 $0
Martin Meehan (Board Member) $0 $0 $0
Sarah Ka Pfatteicher (Executive Director/ Clerk Beginning April 23, 2018) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,271,662
Expenses
$9,661,378
Net Income
$1,610,284
Net Assets
$23,402,949
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,763,880
15.6%
Program Services $8,932,318
79.2%
Investment Income $557,612
4.9%
Bond Proceeds $17,852
0.2%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $525,205
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,947,413
20.2%
Assets/Debt
Total Assets $36,313,127
Total Liabilities $12,910,178
Net Assets $23,402,949
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Neal Abraham (Exec Director/Ceo,Clerk) $264,943 $0 $41,850
Barbara Lucey (Treasurer Through Dec 31, 2017) $109,035 $0 $21,340
Yvette Morneau (Assistant Treasurer) $74,192 $0 $10,425
Kumble Subbaswamy (Vice President) $0 $0 $0
Sonya Stephens (Board Member) $0 $0 $0
Kathleen Mc Cartney (Board Member) $0 $0 $0
Carolyn Martin (Board Member) $0 $0 $0
Jonathan Lash (President) $0 $0 $0
Martin Meehan (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,137,424
Expenses
$10,972,396
Net Income
$1,165,028
Net Assets
$21,056,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,804,506
14.9%
Program Services $9,794,541
80.7%
Investment Income $538,377
4.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $500,065
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,955,510
17.8%
Assets/Debt
Total Assets $25,487,197
Total Liabilities $4,430,903
Net Assets $21,056,294
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Neal Abraham (Exec Director/Ceo,Clerk) $258,434 $0 $41,000
Barbara Lucey (Treasurer) $105,605 $0 $23,000
Yvette Morneau (Assistant Treasurer) $71,587 $0 $12,000
Kumble Subbaswamy (Board Member) $0 $0 $0
Lynn Pasquerella (Board Member) $0 $0 $0
Kathleen Mc Cartney (Board Member) $0 $0 $0
Carolyn Martin President (Board Member) $0 $0 $0
Jonathan Lash (Board Member) $0 $0 $0
Martin Meehan (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,255,181
Expenses
$10,298,376
Net Income
$956,805
Net Assets
$20,660,562
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,572,093
14.0%
Program Services $8,983,605
79.8%
Investment Income $699,483
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $492,875
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,891,583
18.4%
Assets/Debt
Total Assets $24,130,965
Total Liabilities $3,470,403
Net Assets $20,660,562
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Neal Abraham (Exec Director/Ceo,Clerk) $272,618 $0 $40,000
Barbara Lucey (Treasurer) $114,149 $0 $23,000
Yvette Morneau (Assistant Treasurer) $88,981 $0 $11,300
Kumble Subbaswamy (Board Member) $0 $0 $0
Lynn Pasquerella (Board Member) $0 $0 $0
Kathleen Mc Cartney (Board Member) $0 $0 $0
Carolyn Martin President (Board Member) $0 $0 $0
Jonathan Lash (Board Member) $0 $0 $0
Martin Meehan (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,104,735
Expenses
$9,899,744
Net Income
$204,991
Net Assets
$20,369,662
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,904,270
18.8%
Program Services $7,204,480
71.3%
Investment Income $995,985
9.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $491,324
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,749,637
17.7%
Assets/Debt
Total Assets $24,167,732
Total Liabilities $3,798,070
Net Assets $20,369,662
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Neal Abraham (Exec Director/Ceo,Clerk) $277,495 $0 $39,100
Barbara Lucey (Treasurer) $119,846 $0 $23,900
Yvette Morneau (Assistant Treasurer) $89,320 $0 $10,900
Lynn Pasquerella (Board Member) $0 $0 $0
Kathleen Mc Cartney (Board Member) $0 $0 $0
Kumble Subbaswamy (Board Member) $0 $0 $0
Carolyn Martin President (Board Member) $0 $0 $0
Jonathan Lash (Board Member) $0 $0 $0
Robert Caret (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,730,559
Expenses
$10,072,901
Net Income
-$342,342
Net Assets
$19,476,206
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,839,504
18.9%
Program Services $7,397,949
76.0%
Investment Income $493,106
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $480,452
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,713,098
17.0%
Assets/Debt
Total Assets $23,335,431
Total Liabilities $3,859,225
Net Assets $19,476,206

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,188,360
Expenses
$9,111,732
Net Income
$76,628
Net Assets
$19,098,879
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,666,076
29.0%
Program Services $6,186,350
67.3%
Investment Income $335,934
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $473,634
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,673,641
18.4%
Assets/Debt
Total Assets $21,640,636
Total Liabilities $2,541,757
Net Assets $19,098,879

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,045,019
Expenses
$9,088,507
Net Income
-$43,488
Net Assets
$19,119,337
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,399,749
26.5%
Program Services $6,318,439
69.9%
Investment Income $326,831
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $432,765
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,716,756
18.9%
Assets/Debt
Total Assets $23,239,051
Total Liabilities $4,119,714
Net Assets $19,119,337

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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