Civic Intelligence

Albright College

990 • Fiscal year 2022 • EIN 23-1352615

Jun 01, 2021 to May 31, 2022 • Filed on Apr 18, 2023

13th Bern Streets PO Box 15234Reading, PA 19612-5234

(610) 921-7749

Siviq Scores

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

Liabilities / Assets

66th percentile

0.45x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

76th percentile

1.29x

Higher debt load relative to revenue than 76% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Net Margin

19th percentile

-6.3%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

38th percentile

$382,123

Higher top officer pay than 38% of similar nonprofits.

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

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

40th percentile

-4.2%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Assets

Down

$210,751,210

Down $9,350,505 (-4.2%) from 2021

Net Assets

Down

$116,652,219

Down $9,885,277 (-7.8%) from 2021

Liabilities

Up

$94,098,991

Up $534,772 (+0.6%) from 2021

Revenue

Up

$73,121,754

Up $7,331,848 (+11%) from 2021

Expenses

Up

$77,701,670

Up $6,235,126 (+8.7%) from 2021

Net Income

Up

-$4,579,916

Up $1,096,722 (+19%) from 2021

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $138,006,074Liabilities 2010: $64,618,634Net Assets 2010: $73,387,4402010Assets 2011: $155,349,099Liabilities 2011: $63,564,938Net Assets 2011: $91,784,1612011Assets 2012: $154,297,145Liabilities 2012: $62,192,750Net Assets 2012: $92,104,3952012Assets 2013: $162,389,154Liabilities 2013: $61,676,754Net Assets 2013: $100,712,4002013Assets 2014: $169,717,068Liabilities 2014: $57,564,558Net Assets 2014: $112,152,5102014Assets 2015: $173,004,736Liabilities 2015: $54,453,012Net Assets 2015: $118,551,7242015Assets 2016: $169,860,437Liabilities 2016: $51,749,077Net Assets 2016: $118,111,3602016Assets 2017: $175,434,923Liabilities 2017: $49,567,864Net Assets 2017: $125,867,0592017Assets 2018: $179,209,101Liabilities 2018: $53,954,633Net Assets 2018: $125,254,4682018Assets 2019: $178,505,534Liabilities 2019: $53,433,888Net Assets 2019: $125,071,6462019Assets 2020: $172,962,647Liabilities 2020: $57,050,613Net Assets 2020: $115,912,0342020Assets 2021: $220,101,715Liabilities 2021: $93,564,219Net Assets 2021: $126,537,4962021Assets 2022: $210,751,210Liabilities 2022: $94,098,991Net Assets 2022: $116,652,2192022Assets 2023: $195,952,352Liabilities 2023: $105,191,247Net Assets 2023: $90,761,1052023Assets 2024: $224,581,987Liabilities 2024: $153,166,555Net Assets 2024: $71,415,4322024

Highlighted filing

2022

Assets$210,751,210
Liabilities$94,098,991
Net Assets$116,652,219

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $71,668,0512010Revenue 2011: $84,838,964Expenses 2011: $74,357,421Net Income 2011: $10,481,5432011Expenses 2012: $79,020,1012012Expenses 2013: $79,130,8352013Revenue 2014: $92,682,086Expenses 2014: $87,487,166Net Income 2014: $5,194,9202014Revenue 2015: $97,111,542Expenses 2015: $91,477,925Net Income 2015: $5,633,6172015Revenue 2016: $95,726,718Expenses 2016: $93,167,059Net Income 2016: $2,559,6592016Revenue 2017: $104,212,842Expenses 2017: $100,853,481Net Income 2017: $3,359,3612017Revenue 2018: $93,721,795Expenses 2018: $96,512,536Net Income 2018: -$2,790,7412018Revenue 2019: $107,221,873Expenses 2019: $99,094,230Net Income 2019: $8,127,6432019Revenue 2020: $67,395,108Expenses 2020: $67,919,533Net Income 2020: -$524,4252020Revenue 2021: $65,789,906Expenses 2021: $71,466,544Net Income 2021: -$5,676,6382021Revenue 2022: $73,121,754Expenses 2022: $77,701,670Net Income 2022: -$4,579,9162022Revenue 2023: $61,056,362Expenses 2023: $81,114,995Net Income 2023: -$20,058,6332023Revenue 2024: $61,687,498Expenses 2024: $84,379,091Net Income 2024: -$22,691,5932024

Highlighted filing

2022

Revenue$73,121,754
Expenses$77,701,670
Net Income-$4,579,916
Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Apr 18, 2023
Return Version
2021v4.2
Gross Receipts
$77,790,600
Mission and Program Overview

Mission

As a diverse community of learners, we cultivate integrity, curiosity, connection and resilience.

Promoting a commitment to lifelong learning with a foundation in the liberal arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$76,938,331$75,672,301▼ $1,266,030
Investments in Publicly Traded Securities$56,127,721$46,200,481▼ $9,927,240
Intangible Assets$34,586,172$33,393,545▼ $1,192,627
Investments Other Securities$13,859,357$17,855,684▲ $3,996,327
Pledges and Grants Receivable$3,312,098$10,826,872▲ $7,514,774
Investments Program Related$4,470,643$3,785,454▼ $685,189
Savings and Temporary Cash Investments$10,732,542$2,935,011▼ $7,797,531
Prepaid Expenses and Deferred Charges$1,287,345$1,553,803▲ $266,458
Accounts Receivable$1,527,270$1,355,290▼ $171,980
Cash and Non-Interest-Bearing Accounts$175,757$522,005▲ $346,248
Inventories for Sale or Use$328,446$371,699▲ $43,253
Total Assets$220,101,715$210,751,210▼ $9,350,505
Other Assets Total$16,756,033$16,279,065▼ $476,968
Liabilities
Other Liabilities$39,042,530$38,293,044▼ $749,486
Tax Exempt Bond Liabilities$37,134,880$35,670,259▼ $1,464,621
Accounts Payable and Accrued Expenses$10,474,595$12,520,640▲ $2,046,045
Deferred Revenue$1,120,000$2,804,684▲ $1,684,684
Mortgage Notes Payable Secured by Investment Property$3,000,000$2,573,746▼ $426,254
Grants Payable$2,792,214$2,236,618▼ $555,596
Total Liabilities$93,564,219$94,098,991▲ $534,772
Net Assets / Fund Balance
Net Assets With Donor Restrictions$88,463,972$87,198,124▼ $1,265,848
Net Assets Without Donor Restrictions$38,073,524$29,454,095▼ $8,619,429
Total Net Assets Fund Balance$126,537,496$116,652,219▼ $9,885,277
Total Liabilities and Net Assets / Fund Balance$220,101,715$210,751,210▼ $9,350,505

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$58,974,573$68,050,396$127,024,969
Equipment$7,689,934$36,890,106$44,580,040
Other Land Buildings$4,167,105$8,787,872$12,954,977
Land$4,830,063-$4,830,063
Leasehold Improvements$10,626$277,358$287,984
Other Assets Org$13--
Other Securities$50,142--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$67,451,163$1,103,537▼ $1,304,686$1,298,538$63,837,604
2020$54,844,527$767,565▲ $16,517,631$2,223,185$67,451,163
2019$58,865,085$1,153,703▲ $1,255,189$4,814,399$54,844,527
2018$57,545,229$4,141,433▲ $685,727$1,764,040$58,865,085
2017$56,513,049$355,679▲ $3,643,251$1,524,599$57,545,229
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacquelyn S Fetrow PhdPresidentFT$319,719$62,404$382,123
Wendy K ParsonsVP- AdvancementFT$167,202$33,280$200,482
Dwayne L WalkerVP - Enrollment MgtFT$156,331$35,862$192,193
Jeffrey L StraderVP, Finance/strat. PtnFT$149,556$41,491$191,047
Karen CampbellSr. VP for Academic AffairsFT$140,966$17,604$158,570
Samantha WesnerSr. VP-stud. & Camp. LifeFT$129,746$15,254$145,000
Joshua WilliamsonCollege PhysicianFT$116,560$28,250$144,810
Brenda Ingram-wallaceAssoc. Prof. of Psych.FT$123,920$14,556$138,476
Rodney WarfieldProf. of EducationFT$124,335$13,364$137,699
Jason U HoerrVP, Digital Strat./infras.FT$92,908$40,417$133,325
Anthony MerlinoAssociate DeanFT$112,424$16,228$128,652
Karen JorganProf. of SpanishFT$107,772$13,271$121,043
Jennifer StoudtVP for CommunicationsFT$93,947$13,405$107,352
Richard FerryCo-dir., AthleticsFT$75,567$21,209$96,776
Janice LuckCo-dir., AthleticsFT$78,043$15,544$93,587

Highest Paid Contractors

ContractorServicesLocationCompensation
Aramark CorporationFood Svc Provider131 S DEARBORN 6TH FL, Chicago, IL 60603$2,681,947
Eab Global INCRecruiting ServicePO BOX 603519, Charlotte, NC 28260-3519$584,237
Tyco Fire & Security (us) Management InFire And Safety290 CORPORATE DRIVE, Reading, PA 19605$188,032
Kozloff Stoudt PCLegal Services2640 WESTVIEW DR, Wyomissing, PA 19610$179,448
Weidenhammer Systems CorpIt Services935 BERKSHIRE BLVD, Reading, PA 19610$173,402
Revenue and Support

Revenue Composition

Contributions and Grants
$16,593,250
Program Service Revenue
$47,617,636
Investment Income
$7,224,008
Other Revenue
$1,686,860
All Other Contributions
$4,604,466
Change in Net Assets
$-4,579,916

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 Traded4$169,247Nyse
Other Non Cash Contri Table1$595Cost
Total Noncash Contributions5$169,842-

Audited Revenue Reconciliation

Revenue per Audited Statements
$72,927,671
Revenue Not Reported on Financial Statements
$194,083
Revenue Not Reported on Form 990
$-29,307,671
Other Revenue Adjustments
$194,083
Total Revenue per Audited Statements
$43,620,000
Total Revenue per Form 990
$73,121,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$27,405,023
Other Expenses$27,386,956
Grants and Similar Amounts Paid$22,909,691
Total Fundraising Expense$1,820,223
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$22,909,691--$22,909,691
Other Salaries and Wages$14,454,821$4,494,966$933,485$19,883,272
Depreciation Depletion$6,682,233$414,541$87,650$7,184,424
All Other Expenses$2,807,368$1,106,294$168,580$4,082,242
Occupancy$3,455,241$82,158$17,371$3,554,770
Other Employee Benefits$2,395,208$761,557$156,984$3,313,749
Interest$2,166,131$134,379$28,413$2,328,923
Fees for Services Other$643,528$1,376,327$64,040$2,083,895
Current Officers, Directors, Trustees, and Key Employees$628,443$996,391$81,720$1,706,554
Payroll Taxes$1,107,830$418,194$74,604$1,600,628
Office Expenses$983,139$129,386$94,498$1,207,023
Insurance$888,958$50,493$10,676$950,127
Pension Plan Contributions$657,049$201,510$42,261$900,820
Advertising$369,175$502,954-$872,129
Information Technology$307,712$261,767-$569,479
Travel$329,705$42,001$23,801$395,507
Other Expenses$262,739$198$5,641$268,578
Fees for Services Legal-$128,650-$128,650
Fees for Services Accounting-$103,000-$103,000
Fees for Service Investment Mgmnt Fees-$59,215-$59,215
Conferences and Meetings$37,095$5,174-$42,269
Royalties$620--$620
Total Functional Expenses$64,346,437$11,535,010$1,820,223$77,701,670

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$77,701,670
Total Expenses per Audited Statements$57,741,000
Expenses per Audited Statements$57,591,643
Expenses Not Reported on Financial Statements$20,110,027
Other Expense Adjustments$20,110,027
Expenses Not Reported on Form 990$149,357
International Activity

International Summary

Offices
0
Employees
0
Spending
$238,693

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumInvestments-00$188,551
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investments-00$50,142
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,413
Fundraising Direct Expenses$6,381
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Red & White Golf$117,077$25,413$6,381$19,032
Total Events$117,077$25,413$6,381$19,032
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
-Former Board Trustee and Owner of Weidenhammer SystemsMR. WEIDENHAMMER IS OWNER OF WEIDENHAMMER SYSTEMS. THE ENTITY PROVIDES INFORMATION TECHNOLOGY SERVICES TO THE COLLEGE. ALL TRANSACTIONS ARE AT ARM'S LENGTH.No$153,844
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$35,384,977
Student Deposits and Advance Payments$1,404,691
Charitable Gift Annuity Contract Liab$716,306
Deposits Held for Others$578,689
Early Retirement$192,307
Post Retirement Healthcare Benefits$16,074

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe Berks County Municipal Authority2017-07-03$10,000,000Acquire property & refund issue - 9/2/14
BThe Berks County Municipal Authority2017-08-01$10,000,000Refund prior issue - 12/30/2013
CThe Berks County Municipal Authority2017-08-01$10,000,000Refund prior issue - 12/30/2013
DThe Berks County Municipal Authority2017-08-01$5,500,000Refund prior issue - 12/30/2013
AWernersville Municipal Authority2017-12-20$3,430,000Acquire property & refund issue

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$10,000,000$7,339,024$814,325$176,524
B$10,000,000$10,000,000$1,451,456$53,722
C$10,000,000$10,000,000$1,451,456-
D$5,500,000$5,500,000$744,526-
A$3,468,217-$304,738-

Bond Financing Compliance

No rebate due
Yes
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
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The college engages aramark corporation to provide food services for the college community. Barnes and noble college bookstore, llc operates and provides services for the college's bookstore. Bright horizons family solutions operates the albright early learning center.

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

The initial review is performed by the college's finance department. Once management is satisfied, the form 990 is distributed to the audit committee of the board of trustees for review. Following that review, a complete copy of the return is posted on the board of trustees' intranet site for the full board's access prior to filing with the irs.

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

Article xi, conflict of interest of the board of trustees' bylaws requires all of the college's trustees and officers to sign a "conflict of interest disclosure statement" annually acknowledging his or her affirmative duty to disclose conflicts of interest, and/or potential conflicts of interest. The board of trustees' trusteeship and governance committee routinely reviews and discusses potential conflicts of interest and the annual statements. The college will not transact business with any entity in which a trustee and/or officer has an interest unless such interest is appropriately disclosed; the interested trustee/officer abstains from deliberation or voting on the matter; and the action or transaction is documented clearly in the best interest of the college. The policy explicitly addresses the responsibility to disclose conflicts of interest associated with family members and businesses.

Form 990, Part VI, Section B, Line 15

The president is the college's chief executive officer. Article v of the board of trustees' bylaws requires that the president, in conjunction with the compensation committee, develop annual performance objectives for approval by the full board. It further requires that the compensation committee determine the president's compensation based on the annual performance assessment and report such for approval by the board of trustees. The compensation of other officers (vice-presidents) and annual performance assessments are the responsibility of the president. On an annual basis, the college uses the data provided to review executive compensation levels through participation in their executive compensation survey for colleges and universities. These surveys give comparative data, including salaries for executive level officials (president and vice-presidents), to ensure that compensation does not exceed fair market value. The president, in concert with the director of human resources, is responsible for reviewing and establishing ongoing salary levels for the respective vice-presidents. Minutes are kept of all board of trustee meetings and committee meetings, including the compensation committee. With regard to vice-presidents, performance assessments and evaluations are documented in their respective personnel files.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Albright College
EIN
23-1352615
Phone
6109217749
Address
13TH BERN STREETS PO BOX 15234, READING, PA 19612-5234

Signing Officer

Name
Jeffrey L Strader
Title
VP, Finance/strat. Ptn
Phone
6109217749
Signed
2023-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacquelyn S Fetrow
Formed
1928
Legal Domicile
Pa
Voting Board Members
32
Independent Board Members
31
Employees
984
Volunteers
92

Preparer

Firm
Baker Tilly US Llp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of annuity contract agreements 313,808.

Financial Statement Notes

PART III, LINE 1A:

The college does not assign values to collection items. Collection items are generally held for educational purposes and are not disposed of for financial gain or otherwise encumbered in any manner.

PART III, LINE 4:

Albright college maintains a diverse collection of two and three dimensional works of art across the campus. The majority of the works of art are original prints and photographs from the 1960s up to the 1990s, with an emphasis on works by american artists. All works of art are available for study and research by students, faculty, staff, and the general public. Exhibitions and educational programs are developed around various aspects of the works of art for the campus and the general public. Some educational programs are developed specifically for k-12 school groups and adults from the region in the freedman gallery, while other programs and works of art are taken directly to offsite educational institutions. Works of art are frequently taken into classes for lectures and training purposes. Many of the works of art are available for use by other educational institutions. All works of art are handled by specifically trained staff and students.

PART V, LINE 4:

The endowment funds are intended to be used to support student financial aid, instruction and other college operations.

PART X, LINE 2:

The college follows the fasb guidance related to accounting for uncertainty in income taxes. The guidance clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The guidance also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, and disclosure. Management has determined that there are no significant uncertain tax positions meeting the recognition criteria in 2022 and 2021. The college's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in operating expenses.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Student aid -19,753,714. Tuition discount -3,800. Investment expenses -59,215. Change in value of annuity contract agreements 313,808.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rental expenses -92,834. Fundraising event expenses -6,381. Program expenses netted against revenue 293,298.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses attributable to the costa rica corporation 50,142. Rental expenses 92,834. Fundraising event expense 6,381.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Student aid 19,753,714. Tuition discount 3,800. Program expenses netted against revenue 293,298. Investment expenses 59,215.

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IRS990/Desc0NAMED A TOP NATIONAL COLLEGE BY WALL STREET JOURNAL/TIMES HIGHER EDUCATION, ALBRIGHT COLLEGE (FOUNDED 1856) IS HOME TO A DIVERSE COMMUNITY OF LEARNERS WHO CULTIVATE INTEGRITY, CURIOSITY, CONNECTION AND RESILIENCE. THROUGH LEARNING EXPERIENCES THAT ENGAGE A STUDENT'S CREATIVE AND INNOVATIVE CAPACITIES ACROSS ALL DISCIPLINES, BOTH INSIDE AND OUTSIDE OF THE CLASSROOM, AN ALBRIGHT COLLEGE EDUCATION GUARANTEES THAT EACH STUDENT LEARNS HOW TO ENGAGE THE WORLD, UNDERSTAND THE WORLD, AND IS PREPARED TO MAKE AN IMPACT ON A RAPIDLY CHANGING WORLD. LOCATED IN READING, PA., ALBRIGHT IS HOME TO UNDERGRADUATE STUDENTS, ADULT LEARNERS AND GRADUATE STUDENTS.ALBRIGHT STUDENTS ARE CHALLENGED TO SEE THE WORLD IN DIFFERENT WAYS BY PROFESSORS WHO ARE DEDICATED MENTORS AND EXPERTS IN THEIR FIELDS. AND WITH A CLOSE-KNIT COMMUNITY LIKE ALBRIGHT, PROFESSORS KNOW STUDENTS ON AN INDIVIDUAL BASIS. IN FACT, MANY STUDENTS WORK ONE-ON-ONE WITH FACULTY MENTORS THROUGH PROGRAMS LIKE THE ALBRIGHT CREATIVE RESEARCH EXPERIENCE AND FACULTY-LED TRAVEL. ALBRIGHT HAS A LONG HISTORY IN PRE-PROFESSIONAL PREPARATION, BOASTING A 90% ACCEPTANCE RATE TO MEDICAL SCHOOL.ALBRIGHT IS A SUPPORTIVE, 24/7 RESIDENTIAL COMMUNITY WITH MORE THAN 70 STUDENT GROUPS, HONOR SOCIETIES, CLUBS, GREEK LIFE AND A VARIETY OF AFFINITY HOUSES - ALL OFFERING OPPORTUNITIES FOR LEADERSHIP AND SERVICE. MORE THAN 33 PERCENT OF UNDERGRADUATES PARTICIPATE ON ALBRIGHT'S 24 VARSITY ATHLETIC TEAMS FOR WHICH THE QUALITY OF THE EDUCATIONAL EXPERIENCE AND SUCCESSFUL DEGREE COMPLETION ARE PRIORITIES. AND ALBRIGHT'S FOUR-YEAR SHARED COMMUNITY LIVING EXPERIENCE AIMS TO ENHANCE STUDENTS' SOCIAL, INTELLECTUAL AND INTERPERSONAL GROWTH, RESULTING IN BETTER GRADES AND OUTCOMES.ALBRIGHT'S SCHOOL OF PROFESSIONAL STUDIES OFFERS ACCELERATED BACHELOR'S DEGREES FOR POST-TRADITIONAL LEARNERS, ONLINE DEGREE PROGRAMS, CERTIFICATES AND MASTER'S DEGREES IN EDUCATION, BUSINESS, APPLIED PSYCHOLOGY AND ATHLETIC LEADERSHIP.AFTER GRADUATION, MEDIAN INCOME LEVELS OF ALBRIGHT ALUMNI OUTPACE THE EARNINGS OF GRADUATES FROM MOST OTHER PRIVATE AND PUBLIC COLLEGES. ALBRIGHT GRADUATES GAIN DEEP PROBLEM SOLVING SKILLS TO GO CONFIDENTLY INTO ANY CAREER AND DISCOVER THEIR FULL POTENTIAL.53% PERSONALIZE DEGREES | 83% LIVE ON CAMPUS | 41% OUT-OF-STATE STUDENTS | 97% RECEIVE FINANCIAL AID | 48% NON-WHITE | 33% STUDENT-ATHLETES | 12:1 STUDENT-FACULTY RATIO | 150+ PERSONALIZED COMBINATION OF MAJORS.RECENT ACCOLADES INCLUDE:- BEST COLLEGES IN THE NORTHEAST - PRINCETON REVIEW- TOP 14 NATIONAL LIBERAL ARTS COLLEGE PERFORMER ON SOCIAL MOBILITY - U.S. NEWS & WORLD REPORT- TOP NATIONAL LIBERAL ARTS COLLEGE - U.S. NEWS & WORLD REPORT- BEST COLLEGES FOR FINANCIAL AID - LENDEDU- TOP NATIONAL AND NORTHEAST COLLEGE - WALL STREET JOURNAL/TIMES HIGHER EDUCATION
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$225$153$71.4$61.7$84.4$22.7
2023Detailed filing. Detailed filing data is available for this year.$196$105$90.8$61.1$81.1$20.1
2022Detailed filing. Detailed filing data is available for this year.$211$94.1$117$73.1$77.7$4.58
2021Detailed filing. Detailed filing data is available for this year.$220$93.6$127$65.8$71.5$5.68
2020Detailed filing. Detailed filing data is available for this year.$173$57.1$116$67.4$67.9$0.52
2019Detailed filing. Detailed filing data is available for this year.$179$53.4$125$107$99.1$8.13
2018Detailed filing. Detailed filing data is available for this year.$179$54.0$125$93.7$96.5$2.79
2017Detailed filing. Detailed filing data is available for this year.$175$49.6$126$104$101$3.36
2016Detailed filing. Detailed filing data is available for this year.$170$51.7$118$95.7$93.2$2.56
2015Detailed filing. Detailed filing data is available for this year.$173$54.5$119$97.1$91.5$5.63
2014Detailed filing. Detailed filing data is available for this year.$170$57.6$112$92.7$87.5$5.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$61.7$101$79.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$154$62.2$92.1$79.0
2011Summary only. Only limited summary data is available for this year.$155$63.6$91.8$84.8$74.4$10.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$138$64.6$73.4$71.7