Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
EIN 06-1519057 • 501(c)3 • Needham, MA
Profile
Olin College prepares students to become exemplary engineering innovators who recognize needs, design solutions, and engage in creative enterprises for the good of the world. Olin is dedicated to continual discovery and development of effective learning approaches and environments, and to co-developing educational transformation with collaborators around the globe.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
54th percentile
Higher debt load relative to assets than 54% of similar nonprofits.
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
50th percentile
Higher top officer pay than 50% of similar nonprofits.
Top officer pay equals 2.2% of source-year revenue.
Asset Growth
33rd percentile
Faster asset growth than 33% of similar nonprofits.
Revenue Growth
73rd percentile
Faster revenue growth than 73% of similar nonprofits.
Assets
Up$500,657,439
Up $13,247,353 (+2.7%) from 2023
Liabilities
Down$162,885,431
Down $4,616,396 (-2.8%) from 2023
Net Assets
Up$337,772,008
Up $17,863,749 (+5.6%) from 2023
Revenue
Up$38,962,247
Up $5,979,088 (+18%) from 2023
Expenses
Up$62,639,905
Up $2,843,254 (+4.8%) from 2023
Net Income
Up-$23,677,658
Up $3,135,834 (+12%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Olin College prepares students to become exemplary engineering innovators who recognize needs, design solutions, and engage in creative enterprises for the good of the world. Olin is dedicated to continual discovery and development of effective learning approaches and environments, and to co-developing educational transformation with collaborators around the globe.
Highly selective four-year undergraduate engineering college with a unique interdisciplinary, project-based curriculum emphasizing entrepreneurship, liberal arts, and rigorous science and engineering fundamentals.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $340,655,776 | $347,471,385 | ▲ $6,815,609 |
| Investments in Publicly Traded Securities | $69,099,863 | $78,464,869 | ▲ $9,365,006 |
| Land, Buildings, and Equipment, Net | $67,723,718 | $66,059,612 | ▼ $1,664,106 |
| Cash and Non-Interest-Bearing Accounts | $53,133 | $2,736,084 | ▲ $2,682,951 |
| Prepaid Expenses and Deferred Charges | $2,253,598 | $1,739,985 | ▼ $513,613 |
| Savings and Temporary Cash Investments | $6,169,410 | $1,348,569 | ▼ $4,820,841 |
| Accounts Receivable | $834,703 | $969,690 | ▲ $134,987 |
| Pledges and Grants Receivable | $235,043 | $159,293 | ▼ $75,750 |
| Other Notes and Loans Receivable, Net | $12,967 | $15,340 | ▲ $2,373 |
| Total Assets | $487,410,086 | $500,657,439 | ▲ $13,247,353 |
| Other Assets Total | $371,875 | $1,692,612 | ▲ $1,320,737 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $147,626,174 | $143,952,667 | ▼ $3,673,507 |
| Other Liabilities | $13,322,314 | $12,101,605 | ▼ $1,220,709 |
| Accounts Payable and Accrued Expenses | $5,435,648 | $5,852,706 | ▲ $417,058 |
| Deferred Revenue | $1,117,691 | $978,453 | ▼ $139,238 |
| Total Liabilities | $167,501,827 | $162,885,431 | ▼ $4,616,396 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $281,674,537 | $299,462,641 | ▲ $17,788,104 |
| Net Assets Without Donor Restrictions | $38,233,722 | $38,309,367 | ▲ $75,645 |
| Total Net Assets Fund Balance | $319,908,259 | $337,772,008 | ▲ $17,863,749 |
| Total Liabilities and Net Assets / Fund Balance | $487,410,086 | $500,657,439 | ▲ $13,247,353 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $47,801,231 | $88,393,063 | $136,194,294 |
| Land | $14,604,513 | - | $14,604,513 |
| Equipment | $2,605,513 | $11,545,658 | $14,151,171 |
| Other Land Buildings | $1,048,355 | $89,782 | $1,138,137 |
| Other Securities | $16,109,623 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $409,755,639 | $205,011 | ▲ $39,483,729 | $8,489,715 | $425,936,254 |
| 2022 | $419,072,981 | $350,394 | ▲ $16,875,683 | $12,842,063 | $409,755,639 |
| 2021 | $455,637,223 | $368,173 | ▼ $16,481,353 | $6,746,708 | $419,072,981 |
| 2020 | $369,736,884 | $638,709 | ▲ $108,539,149 | $12,660,133 | $455,637,223 |
| 2019 | $383,956,119 | $666,153 | ▲ $10,524,512 | $13,004,591 | $369,736,884 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Gilda Barabino | President/trustee (ex-officio) | FT | $643,616 | $199,578 | $843,194 |
| Donna Golemme | VP for Finance & Administration | FT | $314,410 | $73,701 | $388,111 |
| Mark Somerville | Provost (until Aug 2023) | FT | $257,117 | $77,275 | $334,392 |
| Anne-marie Dorning | VP Martking & Comm (until Feb 2024) | FT | $187,153 | $79,085 | $266,238 |
| Christopher Lee | Associate Dean | FT | $141,991 | $113,212 | $255,203 |
| Jeremy Goodman Until Apr 2024 | VP Admin Services & Innovation | FT | $189,191 | $52,571 | $241,762 |
| Lauren Taaffe | Vice President & Chief of Staff | FT | $216,424 | $18,203 | $234,627 |
| Jennifer Edmonds | Associate VP for Finance/controller | FT | $181,497 | $51,520 | $233,017 |
| Alisha Sarang-sieminski | Former Dean of the College | FT | $210,403 | $19,096 | $229,499 |
| Charles Jason Woodard | Professor | FT | $128,511 | $98,395 | $226,906 |
| Robert Martello | Professor | FT | $138,655 | $88,015 | $226,670 |
| Richard Osterberg | Chief Information Officer | FT | $173,101 | $47,422 | $220,523 |
| Nicholas Macke | Chief Hr Officer | FT | $174,588 | $33,432 | $208,020 |
| Jessica Townsend | Former Interim Acad VP for Ext Eng | FT | $83,745 | $73,138 | $156,883 |
| Alyson Goodrow | Chief Marketing & Comm. Officer | FT | $141,480 | $11,202 | $152,682 |
| Emily Roper-doten | Former Dean Admission & Fin. Aid | FT | $89,173 | $42,907 | $132,080 |
| Albert Sacco Jr | Chief Acadmeic Officer & Provost | FT | $66,787 | $5,348 | $72,135 |
| Name | Title |
|---|---|
| Jeannie Diefenderfer | Chair (since Oct 2023) |
| Beverly Wyse | Chair (until Oct 2023) |
| George Milne Jr | Vice Chair |
| Al Bunshaft | Trustee |
| Bruce Herring | Trustee |
| Chee Chew | Trustee |
| Lee Edwards | Trustee |
| Maia Bittner | Trustee |
| Michael Sutton | Trustee |
| Scott Harris | Trustee |
| William B Norden | Trustee |
| Luke Morris | Trustee (since Aug 2023) |
| Chris Wallace | Trustee (since May 2024) |
| Lynn Pasquerella | Trustee (until May 2024) |
| Venky Narayanamurti | Trustee (until Oct 2023) |
| Richard T Roca | Clerk |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Aramark Facilities Svcs | Facility Services Management | PO BOX 33170, Newark, NJ 07188 | $2,692,549 |
| Summit Rock | Investment Advisors & Management Fees | 9 WEST 57TH STREET 12TH FLOOR, New York, NY 10019 | $2,493,733 |
| Rebecca's Commissary INC | Dining Services | 99 SOUTH BEDFORD STREET SUITE 7, Bedford, MA 01803 | $1,779,180 |
| Zvi Construction LLC | Building Contractors | 6909 SW 18TH STREET STE A103, Boca Raton, FL 33433 | $1,248,524 |
| Babson College | Shared Administration | 231 FOREST STREET, Babson Park, MA 02457 | $698,953 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 4 | $94,348 | Fair Market Value (FMV) |
| Total Noncash Contributions | 4 | $94,348 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $26,437,554 |
| Salaries, Compensation, and Employee Benefits | $21,157,206 |
| Grants and Similar Amounts Paid | $15,045,145 |
| Total Fundraising Expense | $1,260,316 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $10,821,381 | $3,313,149 | $523,630 | $14,658,160 |
| Grants to Domestic Individuals | $14,106,446 | - | - | $14,106,446 |
| Occupancy | $6,620,601 | $342,829 | $7,582 | $6,971,012 |
| Fees for Services Other | $3,808,841 | $1,580,390 | $168,499 | $5,557,730 |
| Depreciation Depletion | $3,931,139 | $150,664 | $4,501 | $4,086,304 |
| Current Officers, Directors, Trustees, and Key Employees | $635,914 | $1,547,699 | $207,218 | $2,390,831 |
| Fees for Service Investment Mgmnt Fees | - | $2,078,748 | - | $2,078,748 |
| Other Employee Benefits | $1,495,870 | $457,986 | $72,383 | $2,026,239 |
| Information Technology | $480,222 | $755,585 | $29,650 | $1,265,457 |
| Payroll Taxes | $840,796 | $257,424 | $40,685 | $1,138,905 |
| Office Expenses | $579,793 | $375,546 | $45,660 | $1,000,999 |
| Pension Plan Contributions | $696,222 | $213,160 | $33,689 | $943,071 |
| Foreign Grants | $915,194 | - | - | $915,194 |
| Travel | $630,139 | $135,150 | $66,840 | $832,129 |
| All Other Expenses | $304,147 | $308,494 | $58,237 | $670,878 |
| Insurance | - | $270,411 | - | $270,411 |
| Other Expenses | $245,457 | $8,349 | $58 | $253,864 |
| Fees for Services Accounting | - | $210,410 | - | $210,410 |
| Fees for Services Legal | $13,219 | $137,910 | $5 | $151,134 |
| Advertising | $5,226 | $125,347 | $846 | $131,419 |
| Conferences and Meetings | $85,822 | $21,067 | $3 | $106,892 |
| Grants to Domestic Orgs | $23,505 | - | - | $23,505 |
| Total Functional Expenses | $49,033,110 | $12,346,479 | $1,260,316 | $62,639,905 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $62,639,905 |
| Expenses per Audited Statements | $45,720,264 |
| Total Expenses per Audited Statements | $45,720,264 |
| Expenses Not Reported on Financial Statements | $16,919,641 |
| Other Expense Adjustments | $14,840,893 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Rise Against Hunger Inc | Raleigh, NC | 501(c)(3) | General Program Support | $10,000 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America and the Caribbean | Investments | Scholarships | 0 | 0 | $194,229,515 |
| Europe (including Iceland & Greenland) | Grantmaking | Scholarships | 0 | 0 | $694,877 |
| South America | Grantmaking | Scholarships | 0 | 0 | $83,862 |
| East Asia and the Pacific | Grantmaking | Scholarships | 0 | 0 | $79,949 |
| East Asia and the Pacific | Program Services | Conferences & Faculty Research & Teaching Away | 0 | 0 | $37,451 |
| Europe (including Iceland & Greenland) | Program Services | Conferences | 0 | 0 | $27,027 |
| Middle East and North Africa | Grantmaking | Scholarships | 0 | 0 | $22,490 |
| Central America and the Caribbean | Grantmaking | Scholarships | 0 | 0 | $15,793 |
| South Asia | Grantmaking | Grants Awarded to Individuals | 0 | 0 | $14,993 |
| Sub-saharan Africa | Program Services | - | 0 | 0 | $5,262 |
| Sub-saharan Africa | Grantmaking | Conferences | 0 | 0 | $3,230 |
| South America | Program Services | Conferences | 0 | 0 | $1,111 |
| North America | Program Services | Conferences | 0 | 0 | $757 |
| Central America and the Caribbean | Program Services | Conferences & Travel | 0 | 0 | $300 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Taxable Bonds | $10,000,000 |
| Interest Rate Agreement | $2,101,605 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Mdfa Series C2 & C3 | 2008-09-04 | $84,000,000 | Refunding of series a-1 & a-2 |
| C | Mdfa Series E | 2013-05-09 | $65,553,326 | REFUNDING OF SERIES B |
| D | Mdfa Series F | 2023-08-22 | $50,303,587 | REFUNDING REVENUE BONDS |
| B | Mdfa Series D | 2013-05-09 | $38,255,000 | Partial refunding of series c2 & c3 |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $84,000,156 | $67,478 | $38,000,000 | $672,658 |
| C | $66,553,326 | $97,074 | - | $540,230 |
| D | $50,303,587 | - | - | $593,945 |
| B | $38,255,000 | $107,024 | $49,612,568 | $187,552 |
“The college's core form 990 and related schedules were prepared by our tax advisory firm and reviewed by the audit committee of the board of trustees and senior management. All feedback was incorporated in the form. Prior to filing with the irs, the final form 990 is distributed to the full board for review through an email link to the college's intranet.”
“All officers and trustees are required to disclose annually any direct or indirect financial or other material interest which he or she or a family member has or reasonably expects to have in any proposed or existing contract, transaction, or arrangement with the college prior to the start of any negotiations with respect to such matter. Trustee disclosures are reviewed by the chairperson and clerk of the board. Final review of potential trustee conflicts is made by the full board, the executive committee, or other board committee having decision-making authority over the substantive matter in question. Any restrictions imposed on persons with a conflict would depend on the nature of the conflict.”
“The college engages an independent external consulting firm to benchmark compensation data from comparable higher education institutions for the president of the college. The executive committee of the board of trustees is provided the market data for discussion and recommendation for change in salary. The president's compensation is approved by the executive committee, all of whom are independent. Human resources conducts and documents an annual review of compensation for staff, including officers of the college. The compensation review process for all staff positions, including officers, includes comparing market and salary survey data from independent professional sources. New officer positions are benchmarked for comparable salaries with peer higher education institutions. The percentage increase in salary for staff, including officers, is approved as part of the annual budget process by the finance & facilities committee of the board of trustees and full board of trustees. Any officer promotion, bonus and change in salary beyond the standard staff increase is approved by the executive committee of the board of trustees. All trustees are independent of the college.”
“The governing documents, conflict of interest policy and financial statements are available to the public upon request. The audited financial statements and by-laws are also available via the organization's and massachusetts attorney general's websites.”
“Change in fmv interest rate agreement 2,541,446. Gain on modification of debt 3,444,652.”
“Most of the college's endowment is made up of the olin endowment, which is required to be held in perpetuity, subject to the exceptions explained below, in order to fund merit scholarships for all students. The grant agreement that created the olin endowment provides for its use in certain circumstances, such as for the payment of certain debt service should unrestricted net assets be insufficient for that purpose, and for certain capital outlays.”
“The college accounts for the effect of any uncertain tax positions based on a "more likely than not" threshold to the recognition of the tax positions being sustained based on the technical merits of the position under scrutiny by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a "cumulative probability assessment" that aggregates the estimated tax liability for all uncertain tax positions. The college has identified its tax status as a tax exempt entity as its only significant tax position; however, the college has determined that such tax position does not result in an uncertainty requiring recognition. The college is not currently under examination by any taxing jurisdictions. The college's federal and state tax returns are generally open for examination for three years following the date filed.”
“Gain on modification of debt 3,444,652.”
“Financial aid 15,018,410. Rental expenses -177,517. Mark to market swap -2,541,446.”
“Financial aid 15,018,410. Rental expenses -177,517.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5435648 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 5852706 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 834703 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 969690 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | HIGHLY SELECTIVE FOUR-YEAR UNDERGRADUATE ENGINEERING COLLEGE WITH A UNIQUE INTERDISCIPLINARY, PROJECT-BASED CURRICULUM EMPHASIZING ENTREPRENEURSHIP, LIBERAL ARTS, AND RIGOROUS SCIENCE AND ENGINEERING FUNDAMENTALS. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 846 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 125347 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 5226 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 131419 |
| IRS990/AllOtherContributionsAmt | 0 | 2008208 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 58237 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 308494 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 304147 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 670878 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DONNA GOLEMME |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7812922416 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1000 OLIN WAY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEEDHAM |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 024921200 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 53133 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2736084 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 16 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 207218 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 1547699 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 635914 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 2390831 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 3 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 21067 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 85822 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 106892 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 2692549 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 2493733 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 1779180 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 1248524 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 698953 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | PO BOX 33170 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 9 WEST 57TH STREET 12TH FLOOR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 99 SOUTH BEDFORD STREET SUITE 7 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 6909 SW 18TH STREET STE A103 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 4 | 231 FOREST STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | NEWARK |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | NEW YORK |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | BEDFORD |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | BOCA RATON |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 4 | BABSON PARK |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | NY |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | FL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | MA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 07188 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 10019 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 01803 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 33433 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 4 | 02457 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | ARAMARK FACILITIES SVCS |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | SUMMIT ROCK |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | REBECCA'S COMMISSARY INC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | ZVI CONSTRUCTION LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | BABSON COLLEGE |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | FACILITY SERVICES MANAGEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | INVESTMENT ADVISORS & MANAGEMENT FEES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | DINING SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | BUILDING CONTRACTORS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | SHARED ADMINISTRATION |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2834018 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 15045145 |
| IRS990/CYInvestmentIncomeAmt | 0 | 5990551 |
| IRS990/CYOtherExpensesAmt | 0 | 26437554 |
| IRS990/CYOtherRevenueAmt | 0 | 1564072 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 28573606 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -23677658 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 21157206 |
| IRS990/CYTotalExpensesAmt | 0 | 62639905 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 1260316 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 38962247 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1117691 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 978453 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 4501 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 150664 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 3931139 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 4086304 |
| IRS990/Desc | 0 | FOUNDED IN 1997, FRANKLIN W. OLIN COLLEGE OF ENGINEERING, INC. (OLIN OR THE COLLEGE) IS AN UNDERGRADUATE ENGINEERING INSTITUTION WITH A MISSION TO TRANSFORM ENGINEERING EDUCATION TOWARD A WORLD IN WHICH ENGINEERING SERVES EVERYONE. THE COLLEGE HAS APPROXIMATELY 378 STUDENTS FROM AROUND THE WORLD AND HAS ATTRACTED 1,000 APPLICANTS FOR THE FALL 2024 ENTERING CLASS. OLIN'S INNOVATIVE APPROACH TO ENGINEERING EDUCATION STRESSES PROJECT-BASED, INTERDISCIPLINARY LEARNING AND FOCUSES ON HELPING ENGINEERS UNDERSTAND THE REAL-WORLD IMPACT OF THEIR WORK, AS WELL AS DEVELOP SKILLS TO TACKLE THE WORLD'S MOST IMPORTANT PROBLEMS, AND BE PASSIONATE ABOUT SERVING PEOPLE, SOCIETY, AND THE PLANET. EVERY ADMITTED STUDENT RECEIVES AN EIGHT SEMESTER HALF TUITION MERIT SCHOLARSHIP OVER FOUR YEARS. THE COLLEGE IS ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION (FORMERLY A PART OF NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES) AND THE COLLEGE'S THREE DEGREE PROGRAMS ARE ACCREDITED BY ABET, THE ACCREDITING ORGANIZATION FOR ENGINEERING PROGRAMS. |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 25 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 26 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 27 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 28 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 29 | 50.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 30 | 50.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | RICHARD T ROCA |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | AL BUNSHAFT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | CHEE CHEW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | LEE EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SCOTT HARRIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | BRUCE HERRING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | LUKE MORRIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | VENKY NARAYANAMURTI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | WILLIAM B NORDEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | LYNN PASQUERELLA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | MICHAEL SUTTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | CHRIS WALLACE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | DONNA GOLEMME |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | MARK SOMERVILLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | ANNE-MARIE DORNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | LAUREN TAAFFE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | NICHOLAS MACKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | ALYSON GOODROW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | ALBERT SACCO JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | JEREMY GOODMAN UNTIL APR 2024 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 25 | CHRISTOPHER LEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 26 | RICHARD OSTERBERG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 27 | JENNIFER EDMONDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 28 | CHARLES JASON WOODARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 29 | ROBERT MARTELLO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 30 | EMILY ROPER-DOTEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 31 | ALISHA SARANG-SIEMINSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 32 | JESSICA TOWNSEND |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 30 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT/TRUSTEE (EX-OFFICIO) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIR (UNTIL OCT 2023) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIR (SINCE OCT 2023) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE (SINCE AUG 2023) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE (UNTIL OCT 2023) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE (UNTIL MAY 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | TRUSTEE (SINCE MAY 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | VP FOR FINANCE & ADMINISTRATION |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | PROVOST (UNTIL AUG 2023) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | VP MARTKING & COMM (UNTIL FEB 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | VICE PRESIDENT & CHIEF OF STAFF |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | CHIEF HR OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | CHIEF MARKETING & COMM. OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | CHIEF ACADMEIC OFFICER & PROVOST |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | VP ADMIN SERVICES & INNOVATION |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | ASSOCIATE DEAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | CHIEF INFORMATION OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 27 | ASSOCIATE VP FOR FINANCE/CONTROLLER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 28 | PROFESSOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 29 | PROFESSOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 30 | FORMER DEAN ADMISSION & FIN. AID |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 31 | FORMER DEAN OF THE COLLEGE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 32 | FORMER INTERIM ACAD VP FOR EXT ENG |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1997 |
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| IRS990/FSAuditedInd | 0 | 1 |
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| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 3073498 |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GovernmentGrantsAmt | 0 | 825810 |
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| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 23505 |
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| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 9000 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 8589856 |
| IRS990/GrossReceiptsAmt | 0 | 44656122 |
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