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Babson College

  • Wellesley, MA
  • Tax-exempt since Oct. 1923
  • EIN: 04-2103544

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 / Undergraduate College (4-year) (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.
Provided first-class or charter travel
Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Summary charts: organization finances over time

Revenue
$344M (2023)

Expenses
$305M (2023)

Total Assets
$1.12B (2023)

Total Liabilities
$249M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits 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.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$344,014,371
Expenses
$305,464,086
Net Income
$38,550,285
Net Assets
$866,751,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $48,818,122
14.2%
Program Services $269,429,722
78.3%
Investment Income $7,373,052
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,234,522
0.9%
Net Fundraising $0
Sales of Assets $15,160,817
4.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,842,796
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $107,325,457
35.1%
Assets/Debt
Total Assets $1,116,080,345
Total Liabilities $249,328,947
Net Assets $866,751,398
Other
Operated a school
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Stephen Spinelli (President) $831,897 $0 $110,216
Edward Chiu (Sr. Vp Of Advancement. See Sch. O.) $767,077 $0 $91,572
Katherine Craven (Chief Admin./Financial Officer) $531,608 $0 $34,263
Kelly Lynch (Senior Vice President) $512,455 $0 $36,443
Richard Bliss (Professor) $503,840 $0 $45,506
Jay Rao (Professor) $483,510 $0 $62,516
D R Widder (Vp Of Innovation) $428,323 $0 $64,089
Kenichi Matsuno (Vp Academic Affairs & Dean) $408,772 $0 $34,252
Ben Chevrette (Vice President, Development) $387,934 $0 $63,296
Michael Layish (Secretary & Clerk) $276,646 $0 $72,170
Harsha Agadi (Trustee) $0 $0 $0
Christine Angelakis (Trustee) $0 $0 $0
Patrick Baird (Trustee (Until 6/30/23)) $0 $0 $0
The Honorable Craig Benson (Vice Chair, Board Of Trustees) $0 $0 $0
Ettore V Biagioni (Trustee) $0 $0 $0
Andrew J Butler (Trustee) $0 $0 $0
Steve Cannon (Trustee) $0 $0 $0
Cyril Camus (Trustee) $0 $0 $0
Anthony Chiasson (Trustee) $0 $0 $0
Warren Cross Jr (Vice Chair, Board Of Trustees) $0 $0 $0
Richelieu Dennis Jr (Trustee) $0 $0 $0
Deborah De Santis (Trustee) $0 $0 $0
Craig M Donaldson (Trustee (Until 10/21/22)) $0 $0 $0
Brett A Gordon (Trustee) $0 $0 $0
Bruce Herring (Trustee) $0 $0 $0
See filing for compensation of 17 other people →
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990
Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$397,619,450
Expenses
$280,964,776
Net Income
$116,654,674
Net Assets
$818,168,000
Notable Sources of Revenue Percent of Total Revenue
Contributions $64,936,566
16.3%
Program Services $244,383,907
61.5%
Investment Income $6,720,304
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,308,930
0.8%
Net Fundraising $67
0.0%
Sales of Assets $78,269,820
19.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,384,095
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $93,136,246
33.1%
Assets/Debt
Total Assets $1,081,136,455
Total Liabilities $262,968,455
Net Assets $818,168,000
Other
Operated a school
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Stephen Spinelli (President) $681,308 $0 $84,333
Edward Chiu (Sr. Vp Of Advancement. See Sch O.) $544,880 $0 $77,064
Kenichi Matsuno (Vp Academic Affairs & Dean) $477,178 $0 $33,860
Richard Bliss (Professor) $444,899 $0 $39,448
Katherine Craven (Chief Admin./Financial Officer) $443,591 $0 $29,753
Jay Rao (Professor) $387,966 $0 $58,446
Andrew Corbett (Professor) $384,161 $0 $66,638
D R Widder (Vp Of Innovation) $358,011 $0 $49,316
Phillip Kim (Professor) $355,192 $0 $63,732
Mary Rose (Vp Campus/Comm Affairs. See Sch O.) $305,081 $0 $54,381
Michael Layish (Secretary & Clerk) $266,317 $0 $45,627
Harsha Agadi (Trustee (Eff. 5/13/22)) $0 $0 $0
Christine Angelakis (Trustee) $0 $0 $0
Patrick Baird (Trustee) $0 $0 $0
The Honorable Craig Benson (Vice Chair, Board Of Trustees) $0 $0 $0
Ettore V Biagioni (Trustee) $0 $0 $0
Andrew J Butler (Trustee (Eff. 10/15/21)) $0 $0 $0
Steve Cannon (Trustee) $0 $0 $0
Cyril Camus (Trustee) $0 $0 $0
Anthony Chiasson (Trustee) $0 $0 $0
Warren Cross Jr (Vice Chair, Board Of Trustees) $0 $0 $0
Timothy Demello (Trustee (Until 10/15/21)) $0 $0 $0
Richelieu Dennis Jr (Trustee) $0 $0 $0
Deborah De Santis (Trustee) $0 $0 $0
Craig M Donaldson (Trustee) $0 $0 $0
See filing for compensation of 23 other people →
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990
Filed on May 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$304,101,925
Expenses
$252,934,350
Net Income
$51,167,575
Net Assets
$812,040,905
Notable Sources of Revenue Percent of Total Revenue
Contributions $37,979,875
12.5%
Program Services $206,250,072
67.8%
Investment Income $2,997,269
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,810,677
0.9%
Net Fundraising $0
Sales of Assets $54,064,032
17.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,386,796
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $92,486,187
36.6%
Assets/Debt
Total Assets $1,084,295,364
Total Liabilities $272,254,459
Net Assets $812,040,905
Other
Operated a school
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Stephen Spinelli (Trustee/President) $682,621 $0 $87,764
Edward Chiu (Sr. Vp Of Advanc. See Sch O) $586,878 $0 $77,026
Katherine Craven (Chief Admin Officer) $424,313 $0 $27,712
Richard Bliss (Professor) $408,036 $0 $31,362
Phillip Knutel (Former Officer/Cio See Sch O) $358,044 $0 $61,006
Dr Widder (Vp Of Innovation) $350,717 $0 $49,316
Mark Rice (Professor) $348,040 $0 $54,881
Mark Potter (Professor) $347,639 $0 $55,993
Jay Rao (Professor) $340,134 $0 $50,744
Diana Zais (Vp For Development See Sch O) $296,778 $0 $50,908
Mary Rose (Vp Campus/Comm Affrs See Sch O) $284,558 $0 $51,417
Donna Bonaparte (Vp For Hr See Schedule O) $268,009 $0 $32,769
Michael Layish (Secretary & Clerk) $252,458 $0 $57,768
Kenichi Matsuno Eff 101620 (Vp Academic Affairs & Dean) $251,584 $0 $20,221
Jane Edmonds (Vp Prog & Comm Out See Sch O) $164,051 $0 $16,021
Christine Angelakis (Trustee) $0 $0 $0
The Honor Craig R Benson (Vice Chair, Board Of Trustee) $0 $0 $0
Ettore V Biagioni (Trustee) $0 $0 $0
Marla M Capozzi (Chair, Board Of Trustee) $0 $0 $0
Paul W Chisholm (Trustee (Until 10/16/20)) $0 $0 $0
Warren Cross Jr (Vice Chair, Board Of Trustee) $0 $0 $0
Timothy A Demello (Trustee) $0 $0 $0
Richelieu W Dennis Jr (Trustee) $0 $0 $0
Deborah L Desantis (Trustee) $0 $0 $0
Gary T Dicamillo (Trustee (Until 10/16/20)) $0 $0 $0
See filing for compensation of 27 other people →
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990
Filed on May 3, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$294,185,810
Expenses
$259,126,797
Net Income
$35,059,013
Net Assets
$603,339,493
Notable Sources of Revenue Percent of Total Revenue
Contributions $49,080,302
16.7%
Program Services $217,944,851
74.1%
Investment Income $2,645,666
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,205,420
1.1%
Net Fundraising $0
Sales of Assets $21,309,571
7.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,430,602
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $96,282,208
37.2%
Assets/Debt
Total Assets $863,238,815
Total Liabilities $259,899,322
Net Assets $603,339,493
Other
Operated a school
Provided first-class or charter travel
Compensation
Key Employees and Officers Compensation Related Other
Edward Chiu (Sr. Vp Of Advancement) $581,131 $0 $74,621
Jay A Rao (Professor) $544,404 $0 $52,611
Richard Bliss (Professor) $500,187 $0 $37,945
Katherine Craven (Chief Admin Officer) $439,813 $0 $31,597
Mark Potter (Professor) $419,167 $0 $63,221
Mark Rice (Provost) $410,473 $0 $57,934
Dr Kerry Healey (Former Trustee/President) $409,328 $0 $45,457
Heidi Neck (Professor) $403,169 $0 $51,213
Andrew L Zacharakis (Professor) $375,521 $0 $61,193
Phillip Knutel (Former Officer/Cio See Sch O) $336,948 $0 $69,179
Dr Stephen Spinelli (Trustee/President (Eff 7/1/19)) $313,617 $0 $65,805
Mary Rose (Vp For Campus & Commun Affairs) $295,992 $0 $58,088
Diana Zais (Vp For Development See Sch O) $275,776 $0 $55,541
Donna Bonaparte (Vp For Hr See Sch O) $272,353 $0 $39,853
Michael Layish (Vp Gen Coun/Secretary/Clerk) $254,775 $0 $63,970
Alfred Nanni (Faculty) $191,638 $0 $42,550
Jane Edmonds (Vp Prog & Comm Out See Sch O) $156,951 $0 $21,228
Christine Angelakis (Trustee) $0 $0 $0
The Honor Craig R Benson (Vice Chair, Board Of Trustee) $0 $0 $0
Ettore V Biagioni (Trustee) $0 $0 $0
Khaled Bichara (Trustee (Until 10/18/19)) $0 $0 $0
Marla M Capozzi (Chair, Board Of Trustee) $0 $0 $0
Paul W Chisholm (Trustee) $0 $0 $0
Warren Cross (Vice Chair, Board Of Trustee) $0 $0 $0
Said Darwazah (Trustee (Until 10/18/19)) $0 $0 $0
See filing for compensation of 29 other people →
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990
Filed on May 17, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$280,741,520
Expenses
$265,842,275
Net Income
$14,899,245
Net Assets
$557,624,127
Notable Sources of Revenue Percent of Total Revenue
Contributions $37,575,035
13.4%
Program Services $224,232,180
79.9%
Investment Income $2,361,343
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,786,135
1.3%
Net Fundraising -$74,369
Sales of Assets $12,857,268
4.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,797,680
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $94,810,308
35.7%
Assets/Debt
Total Assets $817,307,765
Total Liabilities $259,683,638
Net Assets $557,624,127
Other
Operated a school
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dr Kerry Healey (Trustee/President) $750,614 $0 $61,039
Edward Chiu (Sr. Vp Of Advancement) $592,007 $0 $61,096
Jay A Rao (Professor) $492,135 $0 $50,168
Richard Bliss (Professor) $429,962 $0 $36,610
Katherine Craven (Chief Admin Officer) $428,026 $0 $31,087
Andrew L Zacharakis (Professor) $410,559 $0 $57,749
Mark Potter (Professor) $399,720 $0 $62,020
Heidi Neck (Professor) $389,132 $0 $48,109
Mark Rice (Provost (Start 5/18)) $297,154 $0 $28,232
Mary Rose (Vp For Campus & Commun Affairs) $287,126 $0 $56,224
Phillip Knutel (Cio See Sch O) $286,040 $0 $61,210
Donna Bonaparte (Vp For Hr See Sch O) $264,532 $0 $38,357
Diana Zais (Vp For Development See Sch O) $242,094 $0 $49,623
Alfred Nanni (Faculty) $239,657 $0 $50,810
Michael Layish (Vp Gen Coun/Secretary/Clerk) $239,575 $0 $60,141
Jane Edmonds (Vp Prog & Comm Out See Sch O) $153,793 $0 $20,937
Michael Johnson (Former Provost (Until 5/18)) $145,860 $0 $15,836
Marni Allen Until 818 (Assistant Clerk) $95,527 $0 $8,669
Christine Angelakis (Trustee) $0 $0 $0
The Honor Craig R Benson (Vice Chair, Board Of Trustee) $0 $0 $0
Ettore V Biagioni (Trustee) $0 $0 $0
Khaled Bichara (Trustee) $0 $0 $0
Marla M Capozzi (Chair, Board Of Trustee) $0 $0 $0
Paul W Chisholm (Trustee) $0 $0 $0
Warren Cross (Vice Chair, Board Of Trustee) $0 $0 $0
See filing for compensation of 34 other people →
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990
Filed on May 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$286,482,823
Expenses
$251,450,725
Net Income
$35,032,098
Net Assets
$511,527,113
Notable Sources of Revenue Percent of Total Revenue
Contributions $46,246,422
16.1%
Program Services $223,108,885
77.9%
Investment Income $1,401,346
0.5%
Bond Proceeds $374,210
0.1%
Royalties $0
Rental Property Income $3,565,171
1.2%
Net Fundraising $23,890
0.0%
Sales of Assets $11,763,262
4.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $3,532,539
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $91,840,973
36.5%
Assets/Debt
Total Assets $779,723,786
Total Liabilities $268,196,673
Net Assets $511,527,113
Other
Operated a school
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dr Kerry Healey (Trustee/President) $754,239 $0 $60,567
Richard Bliss (Professor) $486,942 $0 $34,729
Shahid Ansari (Ceo Babson Global/Faculty) $478,058 $0 $30,511
Jay A Rao (Professor) $450,247 $0 $47,164
Michael Johnson (Provost (Until 5/18)) $445,034 $0 $32,724
Janice Bell (Managing Dir Of Babson Global) $414,649 $0 $31,658
Katherine Craven (Chief Admin Officer) $405,786 $0 $30,503
Edward Chiu (Sr. Vp Of Advancement) $399,661 $0 $58,580
Anirudh Dhebar (Professor) $389,045 $0 $52,801
Andrew L Zacharakis (Professor) $382,421 $0 $54,663
Phillip Knutel (Cio See Sch O) $287,481 $0 $35,382
Mary Rose (Vp For Campus & Commun Affairs) $272,478 $0 $54,382
Donna Bonaparte (Vp For Hr See Sch O) $252,683 $0 $36,843
Alfred Nanni (Faculty) $233,096 $0 $56,580
Diana Zais (Vp For Development See Sch O) $232,260 $0 $50,280
Michael Layish (Vp Gen Coun/Secretary/Clerk) $228,539 $0 $54,691
Elaine Eisenman (Former Dean Of Beee) $167,684 $0 $494
Jane Edmonds (Vp Prog & Comm Out See Sch O) $150,442 $0 $20,576
Marni Allen (Assistant Clerk) $148,631 $0 $15,281
Michael Angelakis (Trustee (Until 1/18)) $0 $0 $0
Christine Angelakis (Trustee (Start 10/17)) $0 $0 $0
The Honor Craig Benson (Vice Chair, Board Of Trustee) $0 $0 $0
Ettore V Biagioni (Trustee) $0 $0 $0
Khaled Bichara (Trustee) $0 $0 $0
Howard Brown (Trustee) $0 $0 $0
See filing for compensation of 43 other people →
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990
Filed on May 9, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$251,081,595
Expenses
$243,794,630
Net Income
$7,286,965
Net Assets
$448,290,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $27,601,088
11.0%
Program Services $210,555,935
83.9%
Investment Income $2,082,735
0.8%
Bond Proceeds $220,910
0.1%
Royalties $0
Rental Property Income $3,516,821
1.4%
Net Fundraising -$2,519
Sales of Assets $7,110,147
2.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $4,170,725
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $88,449,338
36.3%
Assets/Debt
Total Assets $678,881,773
Total Liabilities $230,591,127
Net Assets $448,290,646
Other
Operated a school
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dr Kerry Healey (Trustee/President) $723,698 $0 $61,810
Shahid Ansari (Ceo Babson Global) $465,354 $0 $30,031
Janice Bell (Managing Dir Of Babson Global) $404,529 $0 $31,049
Elaine Eisenman (Dean Of Bee (Until 8/16)) $401,998 $0 $40,248
Katherine Craven (Chief Admin Officer) $396,607 $0 $30,058
Heidi Neck (Professor) $380,843 $0 $40,185
Edward Chiu (Sr. Vp Of Advancement) $379,333 $0 $36,915
Richard Bliss (Professor) $378,584 $0 $32,636
Andrew L Zacharakis (Professor) $373,379 $0 $53,507
Jay A Rao (Professor) $367,166 $0 $45,843
Jonathan Moll (Vp Gen Coun/Sectry(until 2/17)) $317,618 $0 $51,685
Phillip Knutel (Cio See Sch O) $271,565 $0 $47,521
Mary Rose (Vp For Campus & Commun Affairs) $264,398 $0 $53,458
Donna Bonaparte (Vp For Hr See Sch O) $238,086 $0 $36,059
Alfred Nanni (Faculty) $234,344 $0 $38,035
Diana Zais (Vp For Development See Sch O) $219,268 $0 $54,233
Michael Johnson (Provost (Start 7/16)) $196,880 $0 $5,430
Gordon Prichett (Former Provost Interim) $195,059 $0 $18,928
Michael Layish (Vp Gen Coun/Sectry(as Of 2/17)) $174,358 $0 $47,683
Carol Hacker (Vp Alumni & Friends See Sch O) $153,029 $0 $23,601
Jane Edmonds (Vp Prog & Comm Out See Sch O) $147,537 $0 $20,208
Marni Allen (Assistant Clerk) $140,849 $0 $13,840
Marla M Capozzi (Vice Chair, Board Of Trustees) $12,566 $0 $0
Michael J Angelakis (Trustee) $0 $0 $0
The Honor Craig Benson (Trustee) $0 $0 $0
See filing for compensation of 42 other people →
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990
Filed on May 4, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$232,808,076
Expenses
$230,502,707
Net Income
$2,305,369
Net Assets
$400,496,497
Notable Sources of Revenue Percent of Total Revenue
Contributions $22,073,133
9.5%
Program Services $203,175,130
87.3%
Investment Income $2,117,828
0.9%
Bond Proceeds $156,682
0.1%
Royalties $0
Rental Property Income $2,727,882
1.2%
Net Fundraising -$16,382
Sales of Assets $2,588,827
1.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $5,197,585
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $83,368,039
36.2%
Assets/Debt
Total Assets $633,954,756
Total Liabilities $233,458,259
Net Assets $400,496,497
Other
Operated a school
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dr Kerry Healey (Trustee/President) $719,000 $0 $62,296
Jay A Rao (Faculty) $464,827 $0 $43,845
Anirudh Dhebar (Professor Marketing) $391,968 $0 $52,691
Katherine Craven (Chief Admin Officer) $377,773 $0 $30,013
Shahid Ansari (Ceo Babson Global) $373,863 $0 $29,958
Heidi Neck (Professor) $372,339 $0 $37,019
Andrew L Zacharakis (Professor) $353,613 $0 $51,290
Patricia Greene (Professor) $351,917 $0 $28,488
Elaine Eisenman (Dean Of Babson Exe. Edu.) $351,240 $0 $44,627
Alfred Nanni (Faculty) $331,918 $0 $59,442
Jonathan Moll (Vp General Coun/Secretary) $308,146 $0 $49,145
Mary Rose (Vp For Campus & Commun Affairs) $258,877 $0 $51,417
Phillip Knutel (Cio (See Sch O)) $244,116 $0 $51,618
Donna Bonaparte (Vp For Hr (See Sch O)) $236,050 $0 $34,590
Diana Zais (Vp For Development(see Sch O)) $212,264 $0 $51,503
Gordon Prichett (Provost Interim(starting 7/15)) $207,546 $0 $22,463
Carol Hacker (Vp Alumni & Friends(see Sch O)) $201,177 $0 $22,957
Ranch Kimball (Former Coo) $177,500 $0 $0
Michael Layish (Clerk (Starting 5/16)) $170,117 $0 $36,540
Jane Edmonds (Vp Governance/Clerk(see Sch O)) $144,481 $0 $18,850
Philip Shapiro (Former Vp Finance) $134,737 $0 $7,391
Edward Chiu (Sr Vp Advncmnt (Starting 9/15)) $122,231 $0 $6,423
Marni Allen (Asst Clerk (Starting 5/16)) $39,607 $0 $65
Marla M Capozzi (Vice Chair (Starting 10/15)) $16,246 $0 $0
Gary T Dicamillo (Trustee) $7,191 $0 $0
See filing for compensation of 39 other people →
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Document Links

990
Filed on May 15, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$232,535,952
Expenses
$220,607,866
Net Income
$11,928,086
Net Assets
$412,040,869
Notable Sources of Revenue Percent of Total Revenue
Contributions $17,512,072
7.5%
Program Services $202,200,650
87.0%
Investment Income $3,633,549
1.6%
Bond Proceeds $12,593
0.0%
Royalties $0
Rental Property Income $2,690,214
1.2%
Net Fundraising $0
Sales of Assets $6,486,874
2.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,128,129
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $80,523,889
36.5%
Assets/Debt
Total Assets $600,473,682
Total Liabilities $188,432,813
Net Assets $412,040,869
Other
Operated a school
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Dr Kerry Healey (Trustee/President) $670,456 $0 $101,272
Jay A Rao (Faculty) $471,452 $0 $47,612
Samuel Dunn (Vp Facilities Mgt (Unt 10/14)) $436,187 $0 $35,789
Elaine Eisenman (Dean Of Babson Exe. Edu.) $422,437 $0 $43,752
Ranch Kimball (Coo (Until 10/14)) $400,554 $0 $39,589
Phillip Shapiro (Vp For Finance (Until 2/14)) $391,869 $0 $45,119
Shahid Ansari (Former Provost) $388,776 $0 $30,330
Andrew L Zacharakis (Professor) $374,207 $0 $43,764
Paul Mulligan (Associate Professor) $371,699 $0 $33,835
Leslie Charm (Senior Lecturer) $366,729 $0 $24,506
Michael L Fetters (Professor) $353,976 $0 $24,473
Katherine Craven (Cao) $315,812 $0 $21,420
Alfred Nanni (Provost (Starting 7/14)) $292,628 $0 $56,772
Jonathan Moll (Vp And General Counsel) $280,816 $0 $53,740
Mary Rose (Vp For Campus & Commun Affairs) $224,507 $0 $47,005
Donna Bonaparte (Vp For Hr) $223,980 $0 $33,347
Dennis Hanno (Provost (Until 7/14)) $222,283 $0 $34,412
Diana Zais (Vp For Development) $205,773 $0 $50,500
Carol Hacker (Vp Of Alumni&Friends Network) $194,722 $0 $24,312
Jane Edmonds (Vp For Governance/Clerk) $140,873 $0 $19,180
Grant Gosselin (Vp Enrollment/Dean(until 7/14)) $105,077 $0 $24,447
Tracee Petrillo (Former Clerk) $102,344 $0 $14,789
Marla M Capozzi (Trustee) $56,761 $0 $0
Gordon Prichett (Trustee) $15,500 $0 $0
Gary T Dicamillo (Trustee) $6,982 $0 $0
See filing for compensation of 37 other people →
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Document Links

990
Filed on May 9, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$229,097,817
Expenses
$213,850,496
Net Income
$15,247,321
Net Assets
$391,548,085
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,810,199
9.1%
Program Services $196,225,857
85.7%
Investment Income $2,224,668
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,613,801
1.1%
Net Fundraising $26,927
0.0%
Sales of Assets $7,204,341
3.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $5,378,710
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $75,416,856
35.3%
Assets/Debt
Total Assets $576,615,266
Total Liabilities $185,067,181
Net Assets $391,548,085
Other
Operated a school
Provided first-class or charter travel
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Jay A Rao (Faculty) $487,107 $0 $47,685
Dr Leonard A Schlesinger (Former President) $419,545 $0 $64,642
Dr Kerry Healey (Trustee/President (Starting 7/1/13)) $413,109 $0 $52,889
Samuel Dunn (V.P. For Facilities Mgt/Cio) $387,848 $0 $36,844
Dennis Hanno (Provost) $374,560 $0 $56,896
Patricia Guinan (Faculty) $372,681 $0 $39,867
Paul Mulligan (Faculty) $353,979 $0 $37,046
Elaine Eisenman (Dean Of Babson Exe. Edu.) $349,041 $0 $43,866
Shahid Ansari (Former Provost) $333,659 $0 $28,635
Michael Fetters (Faculty) $326,351 $0 $23,011
Jean Pierre Jeannet (Faculty) $318,627 $0 $13,545
Philip Shapiro (V.P. For Finance (Until 2/14)) $309,663 $0 $57,322
Jonathan Moll (V.P. And General Counsel) $245,531 $0 $54,630
Donna Bonaparte (V.P. For Hr) $217,352 $0 $32,640
Mary Rose (V.P. For Campus & Community Affairs) $212,710 $0 $46,265
Diana Zais (V.P. For Development) $199,441 $0 $50,407
Carol Hacker (V.P.Of Alumni&Friends Netw) $184,949 $0 $34,510
Ranch Kimball (Coo(starting 7/22/13)) $184,301 $0 $3,869
Grant Gosselin (V.P. For Enrollment/Dean Of Admission) $173,222 $0 $46,857
Tracee Petrillo (Clerk (Until 10/13)) $141,701 $0 $23,250
Jane Edmonds (Vp For Gov/Clerk (Starting 10/13)) $46,974 $0 $299
Gordon Prichett (Trustee) $16,250 $0 $0
Gary T Dicamillo (Trustee) $6,779 $0 $0
Marla M Capozzi (Trustee) $4,000 $0 $0
Michael J Angelakis (Trustee) $0 $0 $0
See filing for compensation of 35 other people →
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Document Links

990
Filed on May 4, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

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

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$210,375,103
Expenses
$198,805,816
Net Income
$11,569,287
Net Assets
$345,582,744
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,275,700
5.4%
Program Services $188,299,609
89.5%
Investment Income $3,820,185
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $2,526,901
1.2%
Net Fundraising -$22,831
Sales of Assets $4,464,456
2.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $4,650,867
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $71,097,528
35.8%
Assets/Debt
Total Assets $497,548,639
Total Liabilities $151,965,895
Net Assets $345,582,744

Document Links

990
Filed on June 26, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$207,685,483
Expenses
$191,675,806
Net Income
$16,009,677
Net Assets
$303,280,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $22,033,031
10.6%
Program Services $179,699,975
86.5%
Investment Income $2,532,825
1.2%
Bond Proceeds -$1,224
Royalties $0
Rental Property Income $2,267,362
1.1%
Net Fundraising -$26,582
Sales of Assets $1,175,409
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $4,236,904
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $66,985,559
34.9%
Assets/Debt
Total Assets $463,027,872
Total Liabilities $159,747,713
Net Assets $303,280,159

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$202,803,363
Expenses
$188,340,286
Net Income
$14,463,077
Net Assets
$298,710,677
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,762,424
11.7%
Program Services $171,479,294
84.6%
Investment Income $1,963,848
1.0%
Bond Proceeds -$2,379
Royalties $0
Rental Property Income $1,340,367
0.7%
Net Fundraising -$18,741
Sales of Assets $4,270,593
2.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $4,139,562
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $65,791,502
34.9%
Assets/Debt
Total Assets $459,292,167
Total Liabilities $160,581,490
Net Assets $298,710,677

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated