Civic Intelligence

Gordon College

990 • Fiscal year 2018 • EIN 04-2104258

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 19, 2019

255 Grapevine RoadWenham, MA 01984

(978) 867-4883

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.32x

Higher debt load relative to assets than 52% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

51st percentile

0.50x

Higher debt load relative to revenue than 51% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Net Margin

25th percentile

-1.3%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$420,609

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Asset Growth

39th percentile

1.0%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-18%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Assets

Up

$145,212,752

Up $1,388,513 (+1.0%) from 2017

Net Assets

Up

$98,805,019

Up $1,768,577 (+1.8%) from 2017

Liabilities

Down

$46,407,733

Down $380,064 (-0.8%) from 2017

Revenue

Down

$93,390,806

Down $20,791,625 (-18%) from 2017

Expenses

Up

$94,567,522

Up $4,735,603 (+5.3%) from 2017

Net Income

Down

-$1,176,716

Down $25,527,228 (-105%) from 2017

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $109,981,117Liabilities 2010: $53,672,156Net Assets 2010: $56,308,9612010Assets 2011: $115,869,401Liabilities 2011: $52,328,771Net Assets 2011: $63,540,6302011Assets 2012: $115,801,843Liabilities 2012: $53,624,266Net Assets 2012: $62,177,5772012Assets 2013: $116,329,594Liabilities 2013: $52,261,396Net Assets 2013: $64,068,1982013Assets 2014: $121,175,236Liabilities 2014: $52,242,822Net Assets 2014: $68,932,4142014Assets 2015: $118,852,324Liabilities 2015: $50,256,374Net Assets 2015: $68,595,9502015Assets 2016: $117,733,930Liabilities 2016: $49,970,203Net Assets 2016: $67,763,7272016Assets 2017: $143,824,239Liabilities 2017: $46,787,797Net Assets 2017: $97,036,4422017Assets 2018: $145,212,752Liabilities 2018: $46,407,733Net Assets 2018: $98,805,0192018Assets 2019: $195,126,400Liabilities 2019: $47,270,903Net Assets 2019: $147,855,4972019Assets 2020: $201,331,768Liabilities 2020: $54,140,961Net Assets 2020: $147,190,8072020Assets 2021: $215,426,952Liabilities 2021: $53,560,309Net Assets 2021: $161,866,6432021Assets 2022: $191,933,809Liabilities 2022: $47,479,033Net Assets 2022: $144,454,7762022Assets 2023: $182,425,243Liabilities 2023: $31,160,767Net Assets 2023: $151,264,4762023Assets 2024: $187,919,534Liabilities 2024: $30,404,411Net Assets 2024: $157,515,1232024

Highlighted filing

2018

Assets$145,212,752
Liabilities$46,407,733
Net Assets$98,805,019

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $65,315,9252010Expenses 2011: $67,198,6662011Expenses 2012: $71,516,0212012Revenue 2013: $73,704,485Expenses 2013: $76,616,577Net Income 2013: -$2,912,0922013Revenue 2014: $84,549,848Expenses 2014: $84,577,754Net Income 2014: -$27,9062014Revenue 2015: $89,160,910Expenses 2015: $88,177,547Net Income 2015: $983,3632015Revenue 2016: $91,081,027Expenses 2016: $88,766,518Net Income 2016: $2,314,5092016Revenue 2017: $114,182,431Expenses 2017: $89,831,919Net Income 2017: $24,350,5122017Revenue 2018: $93,390,806Expenses 2018: $94,567,522Net Income 2018: -$1,176,7162018Revenue 2019: $142,703,285Expenses 2019: $95,714,411Net Income 2019: $46,988,8742019Revenue 2020: $92,822,591Expenses 2020: $91,195,466Net Income 2020: $1,627,1252020Revenue 2021: $107,400,748Expenses 2021: $89,528,409Net Income 2021: $17,872,3392021Revenue 2022: $76,874,493Expenses 2022: $75,541,560Net Income 2022: $1,332,9332022Revenue 2023: $62,766,673Expenses 2023: $74,166,129Net Income 2023: -$11,399,4562023Revenue 2024: $76,043,450Expenses 2024: $78,578,942Net Income 2024: -$2,535,4922024

Highlighted filing

2018

Revenue$93,390,806
Expenses$94,567,522
Net Income-$1,176,716
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 19, 2019
Return Version
2017v2.0
Gross Receipts
$96,483,009
Mission and Program Overview

Mission

Gordon College's primary responsibility is to prepare students for the long haul, to make them spiritually, intellectually, relationally and professionally ready for a lifetime of growth - from the first job out of college and beyond, into fields not yet existing. Our mission is to the foundation of all we do as we inspire the next generation toward faithful leadership for the common good.

Gordon College strives to graduate men and women distinguished by intellectual maturity and Christian character, committed to lives of service and prepared for leadership worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$57,403,148$55,116,837▼ $2,286,311
Investments Other Securities$39,624,977$45,849,111▲ $6,224,134
Pledges and Grants Receivable$28,315,032$23,844,761▼ $4,470,271
Investments in Publicly Traded Securities$10,055,033$10,508,622▲ $453,589
Investments Program Related$3,233,361$3,185,083▼ $48,278
Accounts Receivable$1,648,502$1,753,278▲ $104,776
Cash and Non-Interest-Bearing Accounts$1,615,883$1,204,810▼ $411,073
Prepaid Expenses and Deferred Charges$650,706$679,423▲ $28,717
Receivables From Officers Etc$121,593$184,967▲ $63,374
Savings and Temporary Cash Investments$395,398$163,226▼ $232,172
Inventories for Sale or Use$55,706$21,690▼ $34,016
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$143,824,239$145,212,752▲ $1,388,513
Other Assets Total$704,900$2,700,944▲ $1,996,044
Liabilities
Tax Exempt Bond Liabilities$33,787,222$32,613,133▼ $1,174,089
Other Liabilities$8,744,556$7,079,901▼ $1,664,655
Accounts Payable and Accrued Expenses$1,541,178$2,791,846▲ $1,250,668
Mortgage Notes Payable Secured by Investment Property$138,835$1,843,522▲ $1,704,687
Deferred Revenue$2,291,344$1,811,159▼ $480,185
Escrow Account Liability$284,662$268,172▼ $16,490
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Total Liabilities$46,787,797$46,407,733▼ $380,064
Net Assets / Fund Balance
Permanently Rstr Net Assets$46,177,792$48,794,774▲ $2,616,982
Temporarily Rstr Net Assets$24,442,622$25,718,107▲ $1,275,485
Unrestricted Net Assets$26,416,028$24,292,138▼ $2,123,890
Total Net Assets Fund Balance$97,036,442$98,805,019▲ $1,768,577
Total Liabilities and Net Assets / Fund Balance$143,824,239$145,212,752▲ $1,388,513

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$49,414,059$76,994,485$126,408,544
Equipment$3,212,193$28,332,896$31,545,089
Other Land Buildings$893,313$10,425,916$11,319,229
Land$1,597,272-$1,597,272
Leasehold Improvements$0$0$0
Closely Held Equity Interests$45,849,111--
Financial Derivatives$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$49,942,959$5,843,872▲ $3,388,246$995,212$56,810,323
2016$44,166,187$2,727,170▲ $5,441,734$976,230$49,942,959
2015$44,316,144$1,792,579▼ $392,561$542,126$44,166,187
2014$44,008,437$1,006,476▲ $780,514$515,265$44,316,144
2013$37,938,929$1,765,931▲ $5,736,994$477,225$44,008,437
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
D Michael LindsayPresidentFT$327,355$93,254$420,609
Paul EdwardsSenior Vice President for AdvancementFT$251,494$54,751$306,245
Richard SweeneyVice President for Marketing & Strategic CommunicationsFT$126,414$83,040$209,454
Daniel TymannExecutive Vice PresidentFT$158,154$36,514$194,668
Michael AhearnVice President for Finance and AdministrationFT$158,400$31,765$190,165
Janel CurryProvostFT$161,646$15,171$176,817
Jennifer JukanovichVice President for Student LifeFT$122,354$32,834$155,188
Sean ClarkProfessor of KinesiologyFT$112,343$40,131$152,474
David LeeProfessor of PhysicsFT$114,206$24,518$138,724
Janet ArndtDirector of Graduate Program and Associate ProfessorFT$118,829$14,336$133,165

Highest Paid Contractors

ContractorServicesLocationCompensation
Bon Appetit Management CompanyDining Service ManagementPO Box 417632, Suite 2, Boston, MA 02241$1,149,116
Windover ConstructionBuilding Construction66 Cherry Hill Dr, Beverly, MA 01915$457,163
Goodwin Proctor LLPInvestment Management75 State Street, Boston, MA 02109$261,805
-Legal servicesExchange Place, Boston, MA 02109$232,982
-Auditing33960 Treasury Center, Chicago, IL 60694$177,099
Revenue and Support

Revenue Composition

Contributions and Grants
$11,748,236
Program Service Revenue
$78,751,960
Investment Income
$2,371,463
Other Revenue
$519,147
All Other Contributions
$10,894,917
Change in Net Assets
$-1,176,716

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 Traded33$924,271fair market value on date received
Total Noncash Contributions33$924,271-

Audited Revenue Reconciliation

Revenue per Audited Statements
$65,254,516
Revenue Not Reported on Financial Statements
$28,136,290
Revenue Not Reported on Form 990
$1,813,057
Other Revenue Adjustments
$27,842,561
Total Revenue per Audited Statements
$67,067,573
Total Revenue per Form 990
$93,390,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$40,133,877
Grants and Similar Amounts Paid$27,862,562
Other Expenses$26,514,702
Total Fundraising Expense$5,424,721
Professional Fundraising Fees$56,381

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$21,335,908$5,277,448$1,748,920$28,362,276
Grants to Domestic Individuals$24,420,690--$24,420,690
Other Employee Benefits$5,183,490$1,501,700$531,231$7,216,421
Fees for Services Other$5,262,973$1,059,582$511,870$6,834,425
Depreciation Depletion$4,609,257$285,647$54,767$4,949,671
Occupancy$4,067,290$117,548$22,381$4,207,219
Foreign Grants$3,441,872--$3,441,872
Travel$2,499,086$234,239$532,970$3,266,295
Office Expenses$1,723,020$500,401$304,906$2,528,327
Payroll Taxes$1,400,685$406,074$145,312$1,952,071
Information Technology$554,684$733,229$99,846$1,387,759
Current Officers, Directors, Trustees, and Key Employees$0$946,162$319,713$1,265,875
Pension Plan Contributions$838,137$205,786$73,969$1,117,892
Insurance$100,063$213,082$2,719$315,864
Fees for Service Investment Mgmnt Fees-$293,729-$293,729
Advertising$137,844$0$84,828$222,672
Comp Disqual Persons$194,342$0$25,000$219,342
Other Expenses$206,376$0$0$206,376
Fees for Services Legal$0$188,021$0$188,021
Fees for Services Accounting$0$187,295$0$187,295
All Other Expenses$128,196$10,466$10,274$148,936
Fees for Services Professional Fundraising--$56,381$56,381
Conferences and Meetings$37,955$3,328$1,740$43,023
Total Functional Expenses$81,485,743$7,657,058$5,424,721$94,567,522

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$94,567,522
Total Expenses per Audited Statements$65,298,996
Expenses per Audited Statements$64,955,598
Expenses Not Reported on Financial Statements$29,611,924
Other Expense Adjustments$29,318,195
Expenses Not Reported on Form 990$343,398
International Activity

International Summary

Offices
1
Employees
24
Spending
$5,874,286

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificGrantmaking-00$2,128,231
Europe (including Iceland and Greenland)Program ServicesStudy Abroad124$1,739,150
Sub-Saharan AfricaGrantmaking-00$448,325
South AmericaGrantmaking-00$420,410
South AsiaGrantmaking-00$155,495
East Asia and the PacificProgram ServicesStudy Abroad00$145,231
Central America and the CaribbeanProgram ServicesStudy Abroad00$86,072
Europe (including Iceland and Greenland)FundraisingDonor Cultivation00$84,042
Europe (including Iceland and Greenland)Grantmaking-00$80,683
Sub-Saharan AfricaProgram ServicesStudy Abroad00$74,779
Central America and the CaribbeanProgram ServicesService Learning00$71,534
Russia and the newly independent StatesGrantmaking-00$56,742
North America (including Canada and Mexico, but not the United States)Grantmaking-00$52,146
Middle East and North AfricaProgram ServicesStudy Abroad00$50,675
Central America and the CaribbeanGrantmaking-00$50,590
Central America and the CaribbeanProgram ServicesService Learning00$49,418
Middle East and North AfricaGrantmaking-00$49,250
South AmericaProgram ServicesStudy Abroad00$41,950
Sub-Saharan AfricaProgram ServicesService Learning00$16,593
East Asia and the PacificProgram ServicesRecruitment00$16,289
Europe (including Iceland and Greenland)Program ServicesService Learning00$15,308
Europe (including Iceland and Greenland)Program ServicesStudy Abroad staff review00$12,356
North America (including Canada and Mexico, but not the United States)Program ServicesService Learning00$12,146
Sub-Saharan AfricaProgram ServicesGlobal Internships00$4,393
Russia and the newly independent StatesProgram ServicesService Learning00$4,250
East Asia and the PacificProgram ServicesGlobal Internships00$4,178
Central America and the CaribbeanProgram ServicesGlobal Internships00$3,050
Europe (including Iceland and Greenland)Program ServicesGlobal Internships00$1,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$56,381
Fundraising Direct Expenses$47,231
Fundraising Gross Income$800

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
CFL Dinner$230,728$800$11,671$-10,871
Total Events$230,728$800$47,231$-46,431
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jonathan Tymannbrother of Executive Vice PresidentEmployment compensationNo$149,929
Sarah Welchdaughter of Executive Vice PresidentEmployment compensationNo$42,223
Rebecca Lindsayspouse of PresidentEmployment compensationNo$25,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$121,593$184,967▲ $63,374
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fair value interest rate swap$2,674,232
Perkins loan advances$2,526,841
Annuity payment obligations$1,471,400
Conditional asset retirement obligation$407,428

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2013-02-19$38,480,000Refund prior issue (issued 10/31/2012)

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$38,480,000$38,480,000$0$0

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
Yes
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, Section A, Line 2

: One of our trustees, David Beatty, is the CEO of Daintree Advisors. Another trustee, Mary Shahian is the Managing Director of Daintree Advisors. Trustee, Lisa Forkner's husband is also employed by Daintree Advisors.

Form 990, Part VI, Section B, Line 11B

The controller prepares the 990 and submits it for review to the Vice President for Finance and the President. The Form 990 is also reviewed by tax advisors from a national accounting firm. Once the Form 990 is approved by the President and Vice President, prior to filing with the Internal Revenue Service, the Form 990, as it will ultimately be filed, is provided to the board for review and approval.

Form 990, Part VI, Section B, Line 12C

An annual Disclosure Form delineating conflicts is distributed to all trustees at the annual board meeting and must be signed by each trustee. A copy is mailed to any trustee who is absent and must be signed and returned. Trustees must recuse themselves from any discussion of or vote on any issue involving conflicts of interest. Key employees and officers must also sign an annual conflict of interest form which clearly delineates conflicts of interest. The Vice President for Finance and Administration monitors and reviews the conflict of interest statements. The President's Office collects and maintains them.

Form 990, Part VI, Section B, Line 15

The executive committee of the board serves as the compensation committee for the president's position. The executive committee is comprised of independent board members. CCC, CCCU and other peer institutions compensation studies of college presidents are reviewed by the committee and the salary is set by committee vote. The president has an annual review by the committee and is judged based on attainment of goals for the year. The president submits compensation comparability data to the committee for the provost, vice president for finance and executive vice president positions. Compensation increases and bonuses, if any, are based upon job performance and the independent studies. Minutes are kept of the process and the committee vote. The last review process took place in 2018.

Form 990, Part VI, Section C, Line 19

Our governing documents are available upon request and on our public web site. Our conflict of interest policy is available on our public web site. Our financial statements are available upon request and copies are maintained in the College library.

Filing and Contact Details

Filer

Filer Name
Gordon College
EIN
04-2104258
Phone
9788674883
Address
255 Grapevine Road, Wenham, MA 01984

Signing Officer

Name
John Truschel
Title
Vice President for Finance
Phone
9788674120
Signed
2019-04-19

Organization Details

Principal Officer
D Michael Lindsay
Formed
1889
Legal Domicile
Ma
Voting Board Members
32
Independent Board Members
29
Employees
950
Volunteers
41
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

Analyzing implications of IRS Notice 2018-99.

Form 990, Part XI, Line 9

Other changes in net assets include: Change in fair value of split interest agreements (108,133) Interest rate swap fair value adjustment 1,475,633

Financial Statement Notes

Schedule D, Part III, Line 1

The College holds certain collections of works of art and furnishings. These collections are housed in a protected environment and are used for exhibition purposes for the public, for education and research, as well as for the furtherance of service to the public. These collections are not disposed of for financial gains nor are they encumbered in any manner. Accordingly, these collections are not capitalized or recorded for purposes of preparing the accompanying financial statements.

Schedule D, Part III, Line 4

Occasionally the College receives gifts of art or collectibles which are put on display in various buildings throughout the campus. We also maintain library archives of College historical documents and book collections kept for posterity.

Schedule D, Part IV, Line 2B

The College maintains custodial or "pass through" accounts for Federal student loans, Pell grant and state grants. Funds are held in these accounts until distributed to individual students. The College also maintains custodial accounts for student government and student ministry groups and activities.

Schedule D, Part V, Line 4

The intended use of endowment funds is driven by donor restrictions on our endowments. Approximately 65% of appropriated revenues this year were in scholarship awards. 20% of revenues supported general activities and physical plant. The remaining 15% was allocated to instructional activities and academic support programs. Distributions of income are made using a total return method. We used a spending rate of 6% of the 3 year rolling average of the fair market value of the investments

Schedule D, Part X, Line 2

The College is a not-for-profit organization as described in Section 501(c)(3) of the Internal Revenue Code, as amended (the "Code"), and is generally exempt from income taxes pursuant to Section 501(a) of the Code. The College is required to assess uncertain tax positions and has determined that there were no such positions that are material to the financial statements.

Schedule D, Part XI, Line 2D

This figure includes the FWS apportionment budget allocation of 188,033 included in income on the financial statements, special events expenses of 47,231 included in expense on the financial statements.

Schedule D, Part XI, Line 4B

Included here are: scholarships and grants of 27,387,268 treated as tuition discount on the financial statements; Federal financial aid and grants of 455,294 treated as pass through activity on the financial statements and not reflected in income; $1 rounding issue.

Schedule D, Part XII, Line 2D

This figure includes: FWS apportionment budget allocation of 188,033 included in income on the financial statements; special events expenses of 47,231 included in expense on the financial statements; change in fair value of split interest agreements of 108,133 and rounding of $1.

Schedule D, Part XII, Line 4B

Included here are: scholarships and grants of 27,387,268 treated as tuition discount on the financial statements; Federal financial aid and grants of 455,294 treated as pass through activity on the financial statements and not reflected in expense; change in fair value of interest rate swap agreements of 1,475,633.

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IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt01740
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03328
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt037955
IRS990/ConferencesMeetingsGrp/TotalAmt043023
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01149116
IRS990/ContractorCompensationGrp/CompensationAmt1457163
IRS990/ContractorCompensationGrp/CompensationAmt2261805
IRS990/ContractorCompensationGrp/CompensationAmt3232982
IRS990/ContractorCompensationGrp/CompensationAmt4177099
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO Box 417632
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt166 Cherry Hill Dr
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt275 State Street
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3Exchange Place
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt433960 Treasury Center
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt0Suite 2
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Boston
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Beverly
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Boston
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Boston
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4Chicago
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002241
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd101915
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd202109
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd302109
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd460694
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Bon Appetit Management Company
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Windover Construction
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Goodwin Proctor LLP
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Wellington Trust Company
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1Grant Thornton LLP
IRS990/ContractorCompensationGrp/ServicesDesc0Dining Service Management
IRS990/ContractorCompensationGrp/ServicesDesc1Building Construction
IRS990/ContractorCompensationGrp/ServicesDesc2Investment Management
IRS990/ContractorCompensationGrp/ServicesDesc3Legal services
IRS990/ContractorCompensationGrp/ServicesDesc4Auditing
IRS990/ContriRptFundraisingEventAmt0229928
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011748236
IRS990/CYGrantsAndSimilarPaidAmt027862562
IRS990/CYInvestmentIncomeAmt02371463
IRS990/CYOtherExpensesAmt026514702
IRS990/CYOtherRevenueAmt0519147
IRS990/CYProgramServiceRevenueAmt078751960
IRS990/CYRevenuesLessExpensesAmt0-1176716
IRS990/CYSalariesCompEmpBnftPaidAmt040133877
IRS990/CYTotalExpensesAmt094567522
IRS990/CYTotalFundraisingExpenseAmt05424721
IRS990/CYTotalProfFndrsngExpnsAmt056381
IRS990/CYTotalRevenueAmt093390806
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt02291344
IRS990/DeferredRevenueGrp/EOYAmt01811159
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt054767
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0285647
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04609257
IRS990/DepreciationDepletionGrp/TotalAmt04949671
IRS990/Desc0Higher Education: Our largest program service is providing education and instruction to individuals giving them an opportunity to earn a degree. Gordon College is the only nondenominational Christian liberal arts college in New England. It offers 40 majors and confers 3 separate undergraduate degrees: Bachelor of Arts, Bachelor of Science and Bachelor of Music. Undergraduate enrollment of 1591 students is drawn from 44 states and 52 countries. In 2017-18, Gordon College issued 374 undergraduate degrees (with a six-year graduation rate of 69%). Gordon had a faculty to student ratio of 11 to 1 with 68% of the students from outside Massachusetts. Of the 94 full-time faculty, 85% have earned doctorates. Gordon College students can take advantage of a wide variety of off-campus programs, both domestic and abroad. During 2017-18, 152 students participated in off-campus programs and short-term international seminars.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
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IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0284662
IRS990/EscrowAccountLiabilityGrp/EOYAmt0268172
IRS990/ExpenseAmt062143157
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0187295
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt0187295
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0188021
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt0188021
IRS990/FeesForServicesLobbyingGrp/FundraisingAmt00
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0511870
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01059582
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05262973
IRS990/FeesForServicesOtherGrp/TotalAmt06834425
IRS990/FeesForServicesProfFundraising/FundraisingAmt056381
IRS990/FeesForServicesProfFundraising/TotalAmt056381
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0293729
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0293729
IRS990/ForeignActivitiesInd01
IRS990/ForeignCountryCd0IT
IRS990/ForeignFinancialAccountInd01
IRS990/ForeignGrantsGrp/ProgramServicesAmt03441872
IRS990/ForeignGrantsGrp/TotalAmt03441872
IRS990/ForeignOfficeInd01
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd29X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd31X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3272199
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3329265
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3426096
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3514190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3630894
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3777193
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3825384
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3914336
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4024518
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4139681
IRS990/Form990PartVIISectionAGrp/PersonNm0Herman J Smith Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1Bradford Warner
IRS990/Form990PartVIISectionAGrp/PersonNm2David Beatty
IRS990/Form990PartVIISectionAGrp/PersonNm3Timothy Breene
IRS990/Form990PartVIISectionAGrp/PersonNm4David Cameron
IRS990/Form990PartVIISectionAGrp/PersonNm5Daniel Cho
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Judith M Dean
IRS990/Form990PartVIISectionAGrp/PersonNm7Laura Fastie-Grapshi
IRS990/Form990PartVIISectionAGrp/PersonNm8Lisa Forkner
IRS990/Form990PartVIISectionAGrp/PersonNm9Dr Marla Frederick
IRS990/Form990PartVIISectionAGrp/PersonNm10Dr John M Gurley
IRS990/Form990PartVIISectionAGrp/PersonNm11Cherie S Harder
IRS990/Form990PartVIISectionAGrp/PersonNm12Peter Herschend
IRS990/Form990PartVIISectionAGrp/PersonNm13Dr Stuart Knechtle
IRS990/Form990PartVIISectionAGrp/PersonNm14Rev Raymond Lee
IRS990/Form990PartVIISectionAGrp/PersonNm15Bronwyn Loring
IRS990/Form990PartVIISectionAGrp/PersonNm16Rev Dr Roberto Miranda
IRS990/Form990PartVIISectionAGrp/PersonNm17Barry Rowan
IRS990/Form990PartVIISectionAGrp/PersonNm18Rev Samuel Schreiner III
IRS990/Form990PartVIISectionAGrp/PersonNm19Santiago Sedaca
IRS990/Form990PartVIISectionAGrp/PersonNm20Mary M Shahian
IRS990/Form990PartVIISectionAGrp/PersonNm21Aaron Shin
IRS990/Form990PartVIISectionAGrp/PersonNm22Dr Carrie Tibbles
IRS990/Form990PartVIISectionAGrp/PersonNm23Myron Ullman
IRS990/Form990PartVIISectionAGrp/PersonNm24Suannah Young
IRS990/Form990PartVIISectionAGrp/PersonNm25Foster Chase
IRS990/Form990PartVIISectionAGrp/PersonNm26Dr Dorothy Chappell
IRS990/Form990PartVIISectionAGrp/PersonNm27David Wright
IRS990/Form990PartVIISectionAGrp/PersonNm28Dr Talal Debs
IRS990/Form990PartVIISectionAGrp/PersonNm29Douglas H Gilbert
IRS990/Form990PartVIISectionAGrp/PersonNm30Shapri LoMaglio
IRS990/Form990PartVIISectionAGrp/PersonNm31Mark Norman
IRS990/Form990PartVIISectionAGrp/PersonNm32D Michael Lindsay
IRS990/Form990PartVIISectionAGrp/PersonNm33Paul Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm34Daniel Tymann
IRS990/Form990PartVIISectionAGrp/PersonNm35Janel Curry
IRS990/Form990PartVIISectionAGrp/PersonNm36Michael Ahearn
IRS990/Form990PartVIISectionAGrp/PersonNm37Richard Sweeney
IRS990/Form990PartVIISectionAGrp/PersonNm38Jennifer Jukanovich
IRS990/Form990PartVIISectionAGrp/PersonNm39Janet Arndt
IRS990/Form990PartVIISectionAGrp/PersonNm40David Lee
IRS990/Form990PartVIISectionAGrp/PersonNm41Sean Clark
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$188$30.4$158$76.0$78.6$2.54
2023Detailed filing. Detailed filing data is available for this year.$182$31.2$151$62.8$74.2$11.4
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$192$47.5$144$76.9$75.5$1.33
2021Detailed filing. Detailed filing data is available for this year.$215$53.6$162$107$89.5$17.9
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$201$54.1$147$92.8$91.2$1.63
2019Detailed filing. Detailed filing data is available for this year.$195$47.3$148$143$95.7$47.0
2018Detailed filing. Detailed filing data is available for this year.$145$46.4$98.8$93.4$94.6$1.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$144$46.8$97.0$114$89.8$24.4
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$118$50.0$67.8$91.1$88.8$2.31
2015Detailed filing. Detailed filing data is available for this year.$119$50.3$68.6$89.2$88.2$0.98
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$121$52.2$68.9$84.5$84.6$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$116$52.3$64.1$73.7$76.6$2.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$116$53.6$62.2$71.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$116$52.3$63.5$67.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$110$53.7$56.3$65.3