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Dean College

Franklin, MA · EIN 04-2104149 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Dean College reported $73.8 million in revenue and $75.9 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $92.48 went to program services, $6.68 to management and general costs and $0.84 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.8% of the total. The highest compensation it reported for one person was $542,713 (PRESIDENT (UNTIL 05/19/24)). 26 people received more than $100,000 in reportable compensation. Revenue rose 5% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $76M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $74M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.36$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
92.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$542,713$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.72%1.28%
People paid over $100,000
Part VII, line 2
268
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.913.3
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$33M expenses · 46.9% of program spending · grants $23M · revenue $50M

Instruction: the college had full time enrollment of 1,001 and part-time enrollment of 49. The students are from all over the united states and numerous foreign countries. The college offers 16 associate and 20 bachelor degrees

$19M expenses · 27.3% of program spending · grants $8.8M · revenue $19M

Auxiliary services: the college has 13 residential facilities ranging from traditional dormitories, small houses, and apartments. The college also offers a full service dining hall for the students. Approximately 90% of students reside on campus

$14M expenses · 19.6% of program spending

Student services: the college provides the students with an advising center staffed by full time advisors, a one-stop shop center that provides registration, billing and financial aid, an active campus life department and an athletic program

$4.4M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT (UNTIL 05/19/24)
Former, 55.00 hrs/week
$512,282$0$30,431$542,713
INTERIM PRESIDENT (UNTIL 05/11/25)
Officer, 55.00 hrs/week
$253,829$0$0$253,829
INTERIM PRESIDENT (AS OF 05/12/25)
Officer, 55.00 hrs/week
$192,950$0$42,749$235,699
VP OF MARKETING (UNTIL 08/14/24)
Highest compensated employee, 50.00 hrs/week
$195,488$0$33,782$229,270
VP OF ACADEMIC AFFAIRS
Highest compensated employee, 50.00 hrs/week
$195,064$0$30,984$226,048
EXECUTIVE VICE PRESIDENT & SECRETARY
Officer, 50.00 hrs/week
$199,055$0$25,199$224,254
VP FINANCIAL SERVICES & TREASURER
Officer, 50.00 hrs/week
$192,174$0$22,109$214,283
VP OF ENROLLMENT SERVICES
Highest compensated employee, 50.00 hrs/week
$173,178$0$38,493$211,671

26 people received more than $100,000 in reportable compensation from Dean College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $904K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$74M$76M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$74M$76M92.5%$69M$542,713
FY2024 ⓘ$72M$76M92.0%$70M$560,016
FY2023 ⓘ$71M$76M91.0%$65M$1,365,930
FY2022 ⓘ$77M$77M90.2%$68M$902,243
FY2021 ⓘ$63M$61M91.2%$68M$586,550
FY2020 ⓘ$70M$67M91.8%$52M$934,662

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5736
  • Volunteers Part I, line 622

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ARAMARK SERVICES INC
Food service
$2,873,382
HARVARD MAINTENANCE LLC
Custodial
$1,421,160
SODEXO INC & AFFILIATES
Food service
$701,230
BRIGHTVIEW LANDSCAPES LLC
Landscaping
$584,410
WS AIKEN INC
Contractor - roofing
$506,748

Individuals listed as contractors are left out. 26 contractors were paid more than $100,000 in all.

Private foundation grants it received

18 private foundations reported grants to Dean College totaling $295K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Dean College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Dean College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Massachusetts

Questions people ask

How much of Dean College's spending goes to programs?

In the fiscal year ending May 31, 2025, Dean College reported that 92.5% of its $75.9 million in expenses went to program services, 6.7% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does Dean College pay its top executive?

The largest total compensation Dean College reported for one person in the fiscal year ending May 31, 2025 was $542,713, for the role of PRESIDENT (UNTIL 05/19/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Dean College get its money?

Of $73.8 million in revenue in the fiscal year ending May 31, 2025, 2.4% came from contributions and grants (including 1.4% from government grants) and 92.8% from program service revenue (Form 990, Part VIII).

Is Dean College a registered charity?

The IRS lists EIN 04-2104149 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202601019349300000 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202540949349301324 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202441039349300544 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202331039349301858 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202211039349300636 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202131059349300528 · read the filing

All filings for EIN 04-2104149: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.