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Hollins University Corporation

Roanoke, VA · EIN 54-0506314 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Hollins University Corporation reported $77.4 million in revenue and $68.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.98 went to program services, $16.32 to management and general costs and $1.70 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 50.5% of the total. The highest compensation it reported for one person was $502,727 (PRESIDENT). 17 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $68M

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 June 30, 2025 · Form 990, Part VIII · total revenue $77M

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)
82.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
16.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
33.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
50.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$502,727$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.73%1.28%
People paid over $100,000
Part VII, line 2
178
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
73.513.3
Independent voting board members
Part VI 1a–1b
25 of 26100.0%

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
$56M expenses · 100.0% of program spending · grants $22M · revenue $39M

Hollins University is a nonprofit institution of higher education offering undergraduate, graduate, exchange, and abroad education programs. These programs prepare our students for lives of active learning and achievement

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
Director/trustee, 37.5 hrs/week
$453,020$0$49,707$502,727
EXECUTIVE VICE PRESIDENT-COO
Officer, 37.5 hrs/week
$278,530$0$83,288$361,818
PROVOST
Key employee, 37.5 hrs/week
$203,937$0$19,843$223,780
VP ADVANCEMENT
Highest compensated employee, 37.5 hrs/week
$203,168$0$7,482$210,650
VP FOR ENROLLMENT MANAGEMENT
Highest compensated employee, 37.5 hrs/week
$174,319$0$33,623$207,942
VP SSWBB
Highest compensated employee, 37.5 hrs/week
$176,472$0$15,848$192,320
SENIOR PHILANTHROPIC ADVISOR
Highest compensated employee, 37.5 hrs/week
$160,448$0$15,636$176,084
AVP Advancement
Highest compensated employee, 37.5 hrs/week
$144,051$0$12,734$156,785

17 people received more than $100,000 in reportable compensation from Hollins University Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (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$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$77M$68M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$77M$68M82.0%$419M$502,727
FY2024 ⓘ$70M$66M84.7%$383M$489,499
FY2023 ⓘ$63M$62M83.9%$360M$509,700
FY2022 ⓘ$138M$61M84.7%$350M$504,687
FY2021 ⓘ$66M$56M83.3%$306M$247,618
FY2020 ⓘ$57M$57M84.3%$254M$423,154

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–1b26 · 25 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 11aYes
  • 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 5931
  • Volunteers Part I, line 65

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MERIWETHER GODSEY INC
Food services
$2,502,237
AVIS CONSTRUCTION COMPANY INC
Construction Services
$1,183,241
CAMBRIDGE ASSOCIATES LLC
Investment management
$1,113,905
CPL
Architecture services
$899,850
ARCHAEA ENERGY
Energy management services
$677,261

Individuals listed as contractors are left out. 30 contractors were paid more than $100,000 in all.

Private foundation grants it received

57 private foundations reported grants to Hollins University Corporation totaling $1.3M 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 Hollins University Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hollins University Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Virginia

Questions people ask

How much of Hollins University Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Hollins University Corporation reported that 82.0% of its $68.5 million in expenses went to program services, 16.3% to management and general and 1.7% to fundraising (Form 990, Part IX).

How much does Hollins University Corporation pay its top executive?

The largest total compensation Hollins University Corporation reported for one person in the fiscal year ending June 30, 2025 was $502,727, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Hollins University Corporation get its money?

Of $77.4 million in revenue in the fiscal year ending June 30, 2025, 33.0% came from contributions and grants (including 0.7% from government grants) and 50.5% from program service revenue (Form 990, Part VIII).

Is Hollins University Corporation a registered charity?

The IRS lists EIN 54-0506314 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 June 30, 2025, object 202621289349302702 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501339349300915 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431319349300743 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349300429 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349304341 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141309349302784 · read the filing

All filings for EIN 54-0506314: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.