Civic Intelligence

Simmons College

990 • Fiscal year 2014 • EIN 04-2103629

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

300 The FenwaySuiteBoston, MA 02115

(617) 521-2877

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.46x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

82nd percentile

1.23x

Higher debt load relative to revenue than 82% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Net Margin

40th percentile

4.2%

Higher net margin than 40% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

41st percentile

$687,264

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Asset Growth

37th percentile

4.3%

Faster asset growth than 37% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

56th percentile

6.2%

Faster revenue growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Assets

Up

$430,151,592

Up $17,673,191 (+4.3%) from 2013

Net Assets

Up

$231,897,590

Up $19,301,638 (+9.1%) from 2013

Liabilities

Down

$198,254,002

Down $1,628,447 (-0.8%) from 2013

Revenue

Up

$160,996,383

Up $9,414,386 (+6.2%) from 2013

Expenses

Down

$154,258,700

Down $3,350,805 (-2.1%) from 2013

Net Income

Up

$6,737,683

Up $12,765,191 (+212%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $393,182,956Liabilities 2010: $215,067,469Net Assets 2010: $178,115,4872010Assets 2011: $415,872,241Liabilities 2011: $210,398,005Net Assets 2011: $205,474,2362011Assets 2012: $412,424,483Liabilities 2012: $207,492,334Net Assets 2012: $204,932,1492012Assets 2013: $412,478,401Liabilities 2013: $199,882,449Net Assets 2013: $212,595,9522013Assets 2014: $430,151,592Liabilities 2014: $198,254,002Net Assets 2014: $231,897,5902014Assets 2015: $427,555,616Liabilities 2015: $201,133,756Net Assets 2015: $226,421,8602015Assets 2016: $418,823,329Liabilities 2016: $200,650,986Net Assets 2016: $218,172,3432016Assets 2017: $427,007,105Liabilities 2017: $192,820,458Net Assets 2017: $234,186,6472017Assets 2018: $434,397,904Liabilities 2018: $192,060,404Net Assets 2018: $242,337,5002018Assets 2019: $423,847,127Liabilities 2019: $184,265,395Net Assets 2019: $239,581,7322019Assets 2020: $504,770,000Liabilities 2020: $271,550,201Net Assets 2020: $233,219,7992020Assets 2021: $600,839,705Liabilities 2021: $322,298,844Net Assets 2021: $278,540,8612021Assets 2022: $569,733,532Liabilities 2022: $333,482,757Net Assets 2022: $236,250,7752022Assets 2023: $555,475,518Liabilities 2023: $313,701,010Net Assets 2023: $241,774,5082023Assets 2024: $565,498,206Liabilities 2024: $314,101,250Net Assets 2024: $251,396,9562024

Highlighted filing

2014

Assets$430,151,592
Liabilities$198,254,002
Net Assets$231,897,590

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $141,647,0702010Expenses 2011: $143,114,9272011Expenses 2012: $145,168,0092012Revenue 2013: $151,581,997Expenses 2013: $157,609,505Net Income 2013: -$6,027,5082013Revenue 2014: $160,996,383Expenses 2014: $154,258,700Net Income 2014: $6,737,6832014Revenue 2015: $172,865,232Expenses 2015: $173,884,390Net Income 2015: -$1,019,1582015Revenue 2016: $207,763,500Expenses 2016: $200,118,949Net Income 2016: $7,644,5512016Revenue 2017: $229,876,371Expenses 2017: $222,456,772Net Income 2017: $7,419,5992017Revenue 2018: $246,344,292Expenses 2018: $238,187,998Net Income 2018: $8,156,2942018Revenue 2019: $244,049,316Expenses 2019: $247,070,720Net Income 2019: -$3,021,4042019Revenue 2020: $234,956,189Expenses 2020: $239,411,518Net Income 2020: -$4,455,3292020Revenue 2021: $219,229,470Expenses 2021: $220,931,695Net Income 2021: -$1,702,2252021Revenue 2022: $254,418,400Expenses 2022: $250,050,396Net Income 2022: $4,368,0042022Revenue 2023: $224,969,965Expenses 2023: $238,706,696Net Income 2023: -$13,736,7312023Revenue 2024: $220,504,078Expenses 2024: $226,607,526Net Income 2024: -$6,103,4482024

Highlighted filing

2014

Revenue$160,996,383
Expenses$154,258,700
Net Income$6,737,683
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$160,996,383
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$188,006,092$181,835,939▼ $6,170,153
Investments Other Securities$103,594,567$118,514,872▲ $14,920,305
Investments in Publicly Traded Securities$65,701,985$72,660,656▲ $6,958,671
Savings and Temporary Cash Investments$24,893,315$18,837,981▼ $6,055,334
Cash and Non-Interest-Bearing Accounts$7,790,385$8,986,441▲ $1,196,056
Accounts Receivable$5,632,400$8,586,183▲ $2,953,783
Prepaid Expenses and Deferred Charges$4,858,621$5,965,312▲ $1,106,691
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$412,478,401$430,151,592▲ $17,673,191
Other Assets Total$12,001,036$14,764,208▲ $2,763,172
Liabilities
Tax Exempt Bond Liabilities$176,716,569$173,973,679▼ $2,742,890
Accounts Payable and Accrued Expenses$8,713,860$8,160,959▼ $552,901
Other Liabilities$8,197,774$8,118,729▼ $79,045
Deferred Revenue$5,277,203$7,312,254▲ $2,035,051
Escrow Account Liability$977,043$688,381▼ $288,662
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Total Liabilities$199,882,449$198,254,002▼ $1,628,447
Net Assets / Fund Balance
Temporarily Rstr Net Assets$70,602,520$81,220,324▲ $10,617,804
Unrestricted Net Assets$76,767,760$79,621,129▲ $2,853,369
Permanently Rstr Net Assets$65,225,672$71,056,137▲ $5,830,465
Total Net Assets Fund Balance$212,595,952$231,897,590▲ $19,301,638
Total Liabilities and Net Assets / Fund Balance$412,478,401$430,151,592▲ $17,673,191

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$163,739,543$86,343,043$250,082,586
Equipment$17,281,396$36,310,821$53,592,217
Land$815,000-$815,000
Other Securities$8,672,831--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$168,818,367$5,018,544▲ $17,025,797$1,084,697$187,875,676
2012$156,618,376$1,532,420▲ $17,009,769$4,796,014$168,818,367
2011$161,839,794$3,048,249▼ $1,431,324$5,233,635$156,618,376
2010$141,511,154$2,924,080▲ $24,430,493$5,629,332$161,839,794
2009$140,053,294$3,007,951▲ $7,117,233$7,345,967$141,511,154
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Helen G DrinanPresident/TrusteeFT$445,335$241,929$687,264
Stefano FalconiSr VP Fin/Admin & TreasurerFT$337,111$56,637$393,748
Carmen Aponte BaezTrustee (UNTIL 5/14)-$340,675$53,073$393,748
Marianne LordVice President of AdvancementFT$254,943$40,325$295,268
Barbara Latz CohenTrustee-$256,697$38,571$295,268
Cathy MinehanDeanFT$248,200$20,868$269,068
John W HumphreyTrustee-$251,153$17,915$269,068
Andrew EffratAssociate ProvostFT$224,324$41,034$265,358
Karen HammondTrust/VICE-CHR BRD(AS OF 5/14)PT$228,180$37,178$265,358
Cheryl E HowardVP of MarketingFT$227,700$24,200$251,900
Lauren BriskyChair (UNTIL 5/14)/TRUSTEEPT$230,281$21,619$251,900
Regina Melfi SherwoodVP Talent & Human CAP StrategyFT$201,621$41,768$243,389
Jennifer A Kelly ChoiTrusteePT$202,335$41,054$243,389
Stefan KrugDeanFT$187,805$45,895$233,700
Jill A GreenthalClerk (as of 5/14)/trustee-$189,062$44,638$233,700
Suzanne MurphyVice Pres Strategic InitiativeFT$184,644$46,837$231,481
Atsuko Toko FishTrustee-$185,634$45,847$231,481
Kathleen B RogersVP/GENERAL CounselFT$204,200$24,503$228,703
Deborah C BrittainTrustee-$205,688$23,015$228,703
Sarah H NeillVP Student AffairsFT$179,888$26,136$206,024
Jane BuyersVice-CHR Brd(unt 5/14)/trusteePT$180,956$25,068$206,024
Judy BealDeanFT$168,938$36,192$205,130
Kathleen MORRISSEY LaPointTrustee-$180,692$24,438$205,130
Michele V CloonanFormer Dean/fac MemberFT$177,100$22,975$200,075
James D FlynnTrustee-$181,855$18,220$200,075
Charlena SeymourFORMER provost (UNTIL 6/30/13)FT$137,071$37,966$175,037
Ngina LythcottTrustee (UNTIL 5/14)-$155,633$19,404$175,037
Sheila C ConboyProvost (AS OF 7/1/13)/Sr VPFT$135,795$33,505$169,300
Dwight B CraneTrusteePT$137,038$32,262$169,300
Diane GrossmanFORMER DEAN/Fac MEMBERFT$113,163$13,063$126,226
JudITH Samdperil MannTrustee (UNTIL 5/14)-$114,618$11,608$126,226

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Aramarkfood serviceS-$3,431,626
Dtz INCFacilities Mgmt Serv-$2,646,150
Robert D ConnorsGeneral Contractor-$810,100
RoyallEducation Consultant-$568,783
Goodwin Procter LLPLegal Services-$452,701
Revenue and Support

Revenue Composition

Contributions and Grants
$14,669,183
Program Service Revenue
$136,297,949
Investment Income
$6,927,355
Other Revenue
$3,101,896
All Other Contributions
$12,412,889
Change in Net Assets
$6,737,683

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded54$1,546,326Fair Market Value
Total Noncash Contributions54$1,546,326-

Audited Revenue Reconciliation

Revenue per Audited Statements
$160,996,383
Revenue Not Reported on Form 990
$-20,175,299
Total Revenue per Audited Statements
$140,821,084
Total Revenue per Form 990
$160,996,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$71,929,049
Other Expenses$49,511,406
Grants and Similar Amounts Paid$32,818,245
Total Fundraising Expense$2,430,607
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$43,953,623$9,362,548$1,458,466$54,774,637
Grants to Domestic Individuals$32,738,691--$32,738,691
Depreciation Depletion$10,382,236$1,456,702-$11,838,938
Other Employee Benefits$5,514,480$1,640,382$8,196$7,163,058
Interest$4,747,254$1,672,627-$6,419,881
All Other Expenses$5,073,164$710,846$42,072$5,826,082
Payroll Taxes$3,070,279$797,834$120,039$3,988,152
Occupancy$3,199,375$720,264-$3,919,639
Pension Plan Contributions$2,586,654$672,161$101,131$3,359,946
Current Officers, Directors, Trustees, and Key Employees-$2,330,801$296,590$2,627,391
Information Technology$676,919$1,299,020$76,654$2,052,593
Fees for Services Other$1,299,364$422,506$23,674$1,745,544
Travel$1,279,906$130,204$119,421$1,529,531
Advertising$178,661$498,138$686$677,485
Insurance$12,658$617,004-$629,662
Office Expenses$530,937$73,399$6,584$610,920
Other Expenses$78,169$380,683$54,782$513,634
Fees for Services Legal$5,550$317,894-$323,444
Fees for Service Investment Mgmnt Fees$58,827$264,136-$322,963
Conferences and Meetings$184,897$56,013$8,254$249,164
Fees for Services Accounting-$241,826-$241,826
Grants to Domestic Orgs$79,554--$79,554
Comp Disqual Persons-$15,865-$15,865
Total Functional Expenses$125,747,721$26,080,372$2,430,607$154,258,700

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$154,258,700
Expenses per Audited Statements$121,519,448
Total Expenses per Audited Statements$121,519,448
Expenses Not Reported on Financial Statements$32,739,252
Other Expense Adjustments$32,739,252
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
04-1958460-501(c)(3)-$55,400
04-2103639-501(c)(3)-$17,800
04-3167352-501(c)(3)-$6,354

International Summary

Spending
$35,856,864

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments---$20,561,805
Europe (Including Iceland and Greenland)Investments---$15,125,763
Europe (Including Iceland and Greenland)Program ServicesRecruitment--$35,100
Europe (Including Iceland and Greenland)Program ServicesProf. Development--$31,714
Sub-Saharan AfricaProgram ServicesProf. Development--$24,879
Europe (Including Iceland and Greenland)Program ServicesAcademic Support--$16,320
Sub-Saharan AfricaProgram ServicesInstructional--$9,950
East Asia and the PacificProgram ServicesProf. Development--$9,487
East Asia and the PacificProgram ServicesInstructional--$6,906
North AmericaProgram ServicesInstitutional Support--$5,256
Middle East and North AfricaProgram ServicesProf. Development--$3,480
South AsiaProgram ServicesRecruitment--$3,328
Europe (Including Iceland and Greenland)Program ServicesInstructional--$3,280
North AmericaProgram ServicesProf. Development--$3,097
Middle East and North AfricaProgram ServicesRecruitment--$3,053
Europe (Including Iceland and Greenland)Program ServicesInsitutional Support--$2,726
Europe (Including Iceland and Greenland)Program ServicesStudent Services--$1,840
South AmericaProgram ServicesProf. Development--$1,800
East Asia and the PacificProgram ServicesStudy Abroad--$1,770
North AmericaProgram ServicesInstructional--$1,470
Central America and the CaribbeanProgram ServicesProf. Development--$985
Central America and the CaribbeanProgram ServicesRecruitment--$781
Central America and the CaribbeanProgram ServicesStudy Abroad--$749
North AmericaProgram ServicesStudent Services--$531
South AmericaProgram ServicesRecruitment--$306
North AmericaProgram ServicesRecruitment--$200
East Asia and the PacificProgram ServicesAcademic Support--$159
Middle East and North AfricaProgram ServicesAcademic Support--$92
North AmericaProgram ServicesRecruitment Faculty--$37
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Blue Cross Blue ShieldPresident is directorMedical Insurance CoverageNo$5,597,919
Goodwin Procter LlpOfficer/trustee Is ChairLegal ServicesNo$452,701

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
U.s. Government Loan Advances$3,099,655
Annuities Payable$1,794,806
Asset Retirement Obligation$1,593,592
Deposit Payable$889,935
Loan Payable$740,741

Bond Issues

BondIssuerIssuedIssue PricePurpose
C04-24560112009-01-22$59,998,380Refin e bond, construct, swap term
A04-34318142006-01-12$49,610,000New academic bldg, garage, & other
B04-34318142007-01-04$45,343,798Refunding series c, d, f bonds
D04-34318142013-09-05$19,156,227Refinance series f & i bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$59,998,380$31,140,000$18,270,000$1,199,968
A$49,610,000$1,813,175$100,000$563,922
B$45,343,798$44,282,763$2,300,000$575,599
D$19,156,227$992,386$0$374,131

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Lines 6 & 7A

Simmons currently has 46 corporators (the corporation): 36 members of the board of trustees plus 10 additional members serving as a consultative body to the president and board of trustees, and as non-voting members of one board committee. The corporation's primary duties are to elect annually the trustee membership and amend the simmons' by-laws. Form 990, part vi, line 11b the form 990 is prepared and signed by pricewaterhousecoopers as paid preparer. The form 990 is reviewed with the audit committee, and the compensation sections of the form 990 are reviewed with the compensation committee. The form 990 is provided to the board of trustees prior to the form's filing with the irs. Form 990, part vi, line 12c in its conflict of interest disclosure form the college asks all trustees and officers to declare any conflict of interest. Completed conflict of interest disclosure statements are reviewed by the general counsel who also serves as secretary to the board. The general counsel prepares a written report for the audit committee which sets forth all disclosure or comments made by respondents concerning potential or actual conflicts and that report is presented to the audit committee, president and board chair for discussion and necessary follow-up each year. At a minimum, those with conflicts are instructed to refrain from voting on matters where there are or may be perceived to be a conflict and to recuse themselves during any discussion of the issue. Form 990, part vi, line 15 the executive development and compensation committee is governed by a detailed charter which grants it jurisdiction over compensation matters for all simmons officers. The president makes salary recommendations for the officers each year to the compensation committee and the committee reviews the performance of the officers against salary data prepared by external compensation experts. The committee then makes recommendations for officer salaries to the board of trustees for review and approval. Form 990, part vi, line 19 simmons college financial statements are available upon request and are posted on the college's website. The college's governing documents and conflict of interest policy are available upon request. Form 990, part xi, line 9 extinguishment of debt ($3,723,464)

Filing and Contact Details

Filer

EIN
04-2103629
In Care Of
% PHILIP N SHAPIROINTERIM VP
Phone
6175212877

Signing Officer

Name
Philip N Shapiro
Title
Int. Vice President
Phone
6175212877
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Helen Drinan
Formed
1899
Legal Domicile
Ma
Voting Board Members
30
Independent Board Members
28
Employees
3,532
Volunteers
1,430

Preparer

Preparer
Paul Tanis
Phone
6175212877
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1, and Part III, Line 1

MISSION STATEMENT SIMMONS COLLEGE EXISTS TO EDUCATE, EMPOWER AND TRANSFORM THE LIVES OF ITS STUDENTS, PREPARING THEM FOR LEADERSHIP IN THE PROFESSIONS, IN THEIR COMMUNITIES, AND IN THE WORLD. SIMMONS' ENDURING COMMITMENT IS TO PROVIDE AN EXCEPTIONAL HIGHER EDUCATION EXPERIENCE THAT DISTINCTIVELY INTEGRATES THEORY AND PRACTICE; ACADEMIC EXCELLENCE IN THE LIBERAL ARTS AND SCIENCES COMBINED WITH RIGOROUS PROFESSIONAL TRAINING. SIMMONS' HISTORY IS ROOTED IN VISIONARY THINKING AND SOCIAL RESPONSIBILITY; OUR MANDATE TO PREPARE UNDERGRADUATE WOMEN FOR PROFESSIONAL SUCCESS AND MEANINGFUL LIVES REMAINS AT THE CORE OF OUR MISSION. OUR GRADUATE SCHOOLS SERVE WOMEN AND MEN WHO ARE PASSIONATE ABOUT LEARNING, LEADING, AND MAKING A DIFFERENCE IN THEIR PROFESSIONS. SIMMONS STUDENTS GRADUATE INTELLECTUALLY EQUIPPED, PROFESSIONALLY SKILLED AND TECHNOLOGICALLY PROFICIENT FOR CUTTING-EDGE CAREERS THAT ADDRESS OUR GLOBAL SOCIETY'S GREATEST CHALLENGES AND UNMET NEEDS, TODAY AND IN THE FUTURE. FORM 990, PART III, LINE 4C ACADEMIC SUPPORT AND STUDENT SERVICES: Includes expenditures for activities that support and enhance the student's education, as well as contribute to their emotional and physical well-being. Included in this category is the College library which houses over 275,000 print volumes, subscribes to 312 print journals, and provides access to 60,000 e-journals, 30,000 e-books, and 117 electronic databases for articles, reference content, statistics and beyond. During fiscal year 2014, students checked out 22,608 books and accessed Course Reserve items 79,656 times. Also included in this category is the College's Health Center whose staff handled 2,901 student/patient visits during fiscal year 2014. Another component of this category is the Career Education Center which had 2,720 student contacts during fiscal year 2014 through multiple channels such as career coaching, in-class workshops, recruitment activities and career fairs. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES ARE COMPRISED OF SPONSORED RESEARCH AND WORK STUDY, AUXILIARY OPERATIONS, AND MISCELLANEOUS PROGRAM SERVICE EXPENSES. FORM 990, PART VI, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTS OF THE CHAIR AND THE VICE CHAIR OF THE BOARD OF TRUSTEES, THE PRESIDENT, THE CHAIRS OF THE FINANCE COMMITTEE, THE AUDIT COMMITTEE, AND THE COMMITTEE ON TRUSTEESHIP AND GOVERNANCE, THE CHAIRS OF ANY OTHER STANDING COMMITTEES OF THE BOARD OF TRUSTEES, AND ANY OTHER TRUSTEES AS MAY BE DESIGNATED BY THE BOARD OF TRUSTEES FROM TIME TO TIME. IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE HAS THE FULL POWER AND AUTHORITY OF THE BOARD OF TRUSTEES, EXCEPT TO SELL REAL ESTATE AND TO CONFER DEGREES.

Financial Statement Notes

Schedule D, Part III, Line 4

The Simmons College art collection is comprised of paintings, drawings, prints, sculpture, and photography which is used to support the college's curriculum. Schedule D, Part IV, Line 2b The College maintains agency accounts for Alumnni and student groups. The college acts as a fiscal agent for the funds. Schedule D, Part V, Line 4 The Simmons Endowment Fund is used to support the educational mission of the college. It is intended to provide an intergenerational source of funding for student scholarships, research, instructional programs, and general operations of the College. Schedule D, Part X - Fin 48 Simmons College does not have a FIN 48 footnote as any uncertain tax positions were deemed immaterial for the year ended June 30, 2014. Schedule D, Part XI, Line 2d Student Aid ($32,738,691) EXTINGUISHMENT OF DEBT ($3,723,464) ROUNDING ($563) ______________ TOTAL ($36,462,718) Schedule D, Part XII, Line 4b Student Aid $32,738,691 ROUNDING $561 _____________ TOTAL $32,739,252

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IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt23Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt24Trustee (UNTIL 5/14)
IRS990/Form990PartVIISectionAGrp/TitleTxt25Trustee (UNTIL 5/14)
IRS990/Form990PartVIISectionAGrp/TitleTxt26Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt27Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt28Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt29Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt30Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt31Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt32TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt33TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt34TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt35TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt36Sr VP Fin/Admin & Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt37VP of Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt38VP/GENERAL Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt39VP STUDENT AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt40VP TALENT & HUMAN CAP STRATEGY
IRS990/Form990PartVIISectionAGrp/TitleTxt41VICE PRESIDENT OF ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt42Provost (AS OF 7/1/13)/Sr VP
IRS990/Form990PartVIISectionAGrp/TitleTxt43VICE PRES STRATEGIC INITIATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt44FORMER DEAN/FAC MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt45Dean
IRS990/Form990PartVIISectionAGrp/TitleTxt46ASSOCIATE PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt47DEAN
IRS990/Form990PartVIISectionAGrp/TitleTxt48DEAN
IRS990/Form990PartVIISectionAGrp/TitleTxt49FORMER provost (UNTIL 6/30/13)

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$565$314$251$221$227$6.10
2023Detailed filing. Detailed filing data is available for this year.$555$314$242$225$239$13.7
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$570$333$236$254$250$4.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$601$322$279$219$221$1.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$505$272$233$235$239$4.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$424$184$240$244$247$3.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$434$192$242$246$238$8.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$427$193$234$230$222$7.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$419$201$218$208$200$7.64
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$428$201$226$173$174$1.02
2014Detailed filing. Detailed filing data is available for this year.$430$198$232$161$154$6.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$412$200$213$152$158$6.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$412$207$205$145
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$416$210$205$143
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$393$215$178$142