Totals
- Total revenue
- $281,275,793
- Total expenses
- $225,814,849
- Contributions and grants received
- $12,922,829
- Grants paid
- $73,607,800
- Program service revenue
- $190,511,226
- Investment income
- $69,754,505
- Other revenue
- $8,087,233
- Total assets, end of year
- $989,013,761
- Total liabilities, end of year
- $333,225,650
- Net assets or fund balances, end of year
- $655,788,111
- Program services expenses (Part IX)
- $201,454,654
- Management and general expenses
- $19,646,406
- Fundraising expenses
- $4,713,789
- Program service expenses (Part III)
- $201,454,654
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$1,640,479
-
1f · All other contributions, gifts and grants
$11,282,350
-
1g · Noncash contributions included above
$528,030
-
2a · Program service revenue: Student Tuition
total $154,877,952 · related or exempt $154,877,952 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Auxiliary Res Hall, Dining
total $31,170,549 · related or exempt $31,170,549 · unrelated business $0 · excluded $0
-
2c · Program service revenue: All Other Revenue
total $3,125,701 · related or exempt $3,125,701 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Student Fees
total $911,534 · related or exempt $911,534 · unrelated business $0 · excluded $0
-
2e · Program service revenue: Philanthropy and Other Programs
total $425,490 · related or exempt $425,490 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $10,972,229 · related or exempt $3,138 · unrelated business $0 · excluded $10,969,091
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $66,259 · related or exempt $66,259 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $5,869,167 · personal property $0
-
6b · Less rental expenses
real property $2,897,979 · personal property $0
-
6c · Rental income or loss
real property $2,971,188 · personal property $0
-
6d · Net rental income or loss
total $2,971,188 · related or exempt $2,971,188 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $125,456,909 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $66,674,633 · other assets $0
-
7c · Gain or loss
securities $58,782,276 · other assets $0
-
7d · Net gain or loss
total $58,782,276 · related or exempt $58,782,276 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11a · Other revenue: Langford RCI, LLC
total $5,049,786 · related or exempt $0 · unrelated business $5,049,786 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$5,049,786
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $73,569,425 · program services $73,569,425
-
3 · Grants to foreign organizations and individuals
total $38,375 · program services $38,375
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $3,807,461 · program services $0 · management and general $3,355,672 · fundraising $451,789
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $60,197,778 · program services $52,168,234 · management and general $5,897,086 · fundraising $2,132,458
-
8 · Pension plan contributions
total $5,701,885 · program services $4,957,183 · management and general $520,713 · fundraising $223,989
-
9 · Other employee benefits
total $12,505,780 · program services $10,486,556 · management and general $1,474,111 · fundraising $545,113
-
10 · Payroll taxes
total $4,207,325 · program services $3,476,904 · management and general $545,490 · fundraising $184,931
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $233,287 · program services $29,397 · management and general $202,925 · fundraising $965
-
11c · Fees: accounting
total $106,000 · program services $7,600 · management and general $98,400 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $344,921 · fundraising $344,921
-
11f · Fees: investment management
total $615,371 · program services $0 · management and general $615,371 · fundraising $0
-
11g · Fees: other
total $1,552,342 · program services $1,301,833 · management and general $233,983 · fundraising $16,526
-
12 · Advertising and promotion
total $526,696 · program services $361,262 · management and general $162,479 · fundraising $2,955
-
13 · Office expenses
total $3,927,600 · program services $3,522,173 · management and general $249,888 · fundraising $155,539
-
14 · Information technology
total $3,854,342 · program services $3,670,436 · management and general $169,118 · fundraising $14,788
-
15 · Royalties
total $11,102 · program services $8,693 · management and general $2,409 · fundraising $0
-
16 · Occupancy
total $11,302,421 · program services $8,298,443 · management and general $2,927,282 · fundraising $76,696
-
17 · Travel
total $5,211,037 · program services $4,346,467 · management and general $621,710 · fundraising $242,860
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $306,008 · program services $225,679 · management and general $67,808 · fundraising $12,521
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $11,714,931 · program services $11,092,063 · management and general $562,006 · fundraising $60,862
-
23 · Insurance
total $587,143 · program services $541,896 · management and general $33,791 · fundraising $11,456
-
24a · Other expenses: Dining Services/Food Purchases
total $11,520,308 · program services $11,520,308 · management and general $0 · fundraising $0
-
24b · Other expenses: Miscellaneous
total $6,703,423 · program services $5,972,339 · management and general $703,363 · fundraising $27,721
-
24c · Other expenses: Library Periodicals/Acquisitions
total $838,404 · program services $809,675 · management and general $25,489 · fundraising $3,240
-
24d · Other expenses: RMA Museum Acquisitions
total $209,504 · program services $209,504 · management and general $0 · fundraising $0
-
24e · All other expenses
total $6,221,980 · program services $4,840,209 · management and general $1,177,312 · fundraising $204,459
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $38,805,058 · end of year $105,266,626
-
3 · Pledges and grants receivable
beginning of year $19,311,956 · end of year $16,577,152
-
4 · Accounts receivable
beginning of year $1,278,189 · end of year $1,768,017
-
7 · Other notes and loans receivable
beginning of year $2,676,500 · end of year $1,948,228
-
8 · Inventories for sale or use
beginning of year $330,722 · end of year $255,824
-
9 · Prepaid expenses and deferred charges
beginning of year $4,192,894 · end of year $4,644,277
-
10a · Land, buildings and equipment: cost or other basis
$588,446,056
-
10b · Land, buildings and equipment: accumulated depreciation
$223,186,233
-
10c · Land, buildings and equipment, net
beginning of year $332,587,986 · end of year $365,259,823
-
11 · Investments: publicly traded securities
beginning of year $455,423,753 · end of year $471,181,258
-
13 · Investments: program-related
beginning of year $184,291 · end of year $153,285
-
15 · Other assets
beginning of year $21,340,013 · end of year $21,959,271
-
17 · Accounts payable and accrued expenses
beginning of year $14,518,323 · end of year $25,965,076
-
19 · Deferred revenue
beginning of year $7,060,189 · end of year $7,440,593
-
20 · Tax-exempt bond liabilities
beginning of year $215,932,101 · end of year $293,641,227
-
23 · Secured mortgages and notes payable
beginning of year $7,663,000 · end of year $5,182,000
-
25 · Other liabilities
beginning of year $2,243,821 · end of year $996,754
-
27 · Net assets without donor restrictions
beginning of year $170,677,470 · end of year $176,074,722
-
28 · Net assets with donor restrictions
beginning of year $458,036,458 · end of year $479,713,389
Mission and programs · 2024
Mission
Education and Public Service Mission: Rollins College educates students for global citizenship and responsible leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values.
Activities or mission (Part I)
Rollins College educates students for global citizenship and responsible leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values.
-
Rollins College provided liberal arts and graduate educational courses to 3,114 students who took a combined 48,681 credit hours of classes; a total of 620 undergraduate and 157 graduate degrees were awarded; and a variety of other educational and cultural programs were offered to the community during the fiscal year ended May 31, 2025.
Expenses $175,408,918 · Grants $73,607,800 · Revenue $172,273,506
-
Rollins College operated various auxiliary enterprises including dining facilities, housing and other services for the convenience and well-being of its student, faculty and staff.
Expenses $26,045,736 · Revenue $31,170,549
As filed on the 2024 return.
Listed in Part VII
-
Grant Cornwell
President
- Total calculated
- $1,036,240
- From this org
- $967,945
- From related orgs
- $0
- Other
- $68,295
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $983,354
- Bonus
- $0
- Other
- $0
- Deferred
- $39,675
- Nontaxable benefits
- $13,212
- Filer's total
- $1,036,241
-
Anil Menon
Dean Crummer Business
- Total calculated
- $646,938
- From this org
- $585,563
- From related orgs
- $0
- Other
- $61,375
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $578,434
- Bonus
- $0
- Other
- $0
- Deferred
- $39,675
- Nontaxable benefits
- $28,829
- Filer's total
- $646,938
-
Laurie K Houck
Vice President
- Total calculated
- $451,789
- From this org
- $399,464
- From related orgs
- $0
- Other
- $52,325
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $398,527
- Bonus
- $0
- Other
- $0
- Deferred
- $39,675
- Nontaxable benefits
- $13,587
- Filer's total
- $451,789
-
Edward A Kania
Vice President
- Total calculated
- $441,938
- From this org
- $382,488
- From related orgs
- $0
- Other
- $59,450
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $377,422
- Bonus
- $0
- Other
- $0
- Deferred
- $39,675
- Nontaxable benefits
- $24,841
- Filer's total
- $441,938
-
Faye Tydlaska
Vice President
- Total calculated
- $397,742
- From this org
- $337,907
- From related orgs
- $0
- Other
- $59,835
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $327,017
- Bonus
- $0
- Other
- $0
- Deferred
- $38,443
- Nontaxable benefits
- $32,282
- Filer's total
- $397,742
-
Donald Davidson
Vice President
- Total calculated
- $358,969
- From this org
- $303,000
- From related orgs
- $0
- Other
- $55,969
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $299,628
- Bonus
- $0
- Other
- $0
- Deferred
- $34,845
- Nontaxable benefits
- $24,496
- Filer's total
- $358,969
-
Donna A Lee
Vice President
- Total calculated
- $314,349
- From this org
- $270,582
- From related orgs
- $0
- Other
- $43,767
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $270,158
- Bonus
- $0
- Other
- $0
- Deferred
- $31,117
- Nontaxable benefits
- $13,074
- Filer's total
- $314,349
-
Samuel A Stark
Vice President
- Total calculated
- $314,074
- From this org
- $259,759
- From related orgs
- $0
- Other
- $54,315
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $249,079
- Bonus
- $0
- Other
- $0
- Deferred
- $26,765
- Nontaxable benefits
- $38,231
- Filer's total
- $314,075
-
William Seyfried
Assoc Dean
- Total calculated
- $289,838
- From this org
- $238,568
- From related orgs
- $0
- Other
- $51,270
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $227,600
- Bonus
- $0
- Other
- $0
- Deferred
- $27,435
- Nontaxable benefits
- $34,803
- Filer's total
- $289,838
-
Greg W Marshall
Professor
- Total calculated
- $284,865
- From this org
- $243,717
- From related orgs
- $0
- Other
- $41,148
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $237,515
- Bonus
- $0
- Other
- $0
- Deferred
- $23,315
- Nontaxable benefits
- $24,035
- Filer's total
- $284,865
-
Keenan Yoho
Professor
- Total calculated
- $268,785
- From this org
- $223,228
- From related orgs
- $0
- Other
- $45,557
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $211,038
- Bonus
- $0
- Other
- $0
- Deferred
- $24,125
- Nontaxable benefits
- $33,623
- Filer's total
- $268,786
-
Halil Kiymaz
Professor
- Total calculated
- $265,823
- From this org
- $225,187
- From related orgs
- $0
- Other
- $40,636
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $219,322
- Bonus
- $0
- Other
- $0
- Deferred
- $22,990
- Nontaxable benefits
- $23,510
- Filer's total
- $265,822
-
William H Short
Asst Treasurer
- Total calculated
- $245,237
- From this org
- $208,782
- From related orgs
- $0
- Other
- $36,455
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $202,701
- Bonus
- $0
- Other
- $0
- Deferred
- $24,010
- Nontaxable benefits
- $18,526
- Filer's total
- $245,237
-
Lorraine M Kyle
Executive Director
- Total calculated
- $194,470
- From this org
- $159,715
- From related orgs
- $0
- Other
- $34,755
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $153,126
- Bonus
- $0
- Other
- $0
- Deferred
- $18,367
- Nontaxable benefits
- $22,977
- Filer's total
- $194,470
-
Kathleen Currie
Assistant Secretary
- Total calculated
- $64,063
- From this org
- $57,358
- From related orgs
- $0
- Other
- $6,705
- Hours/week
- 50
-
Kathryn G Nichols
Asst Secretary
- Total calculated
- $52,832
- From this org
- $37,535
- From related orgs
- $0
- Other
- $15,297
- Hours/week
- 50
-
Eryka Jennings
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Rodney C Adkins
Vice Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Theodore B Alfond
Vice Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Sally K Albrecht
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Ryan Devos
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Bruce A Beal
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
William H Bieberbach
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Campbell P Brown
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Anthony DiResta
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Orlando L Evora
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Carroll Hanley Goggin
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Rick Goings
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Thomas J Hauske Jr
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
John Henry III
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Allan E Keen
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Gerald F Ladner
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
David H Lord
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Patricia Loret de Mola
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Andrea Massey-Farrell
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Stuart Parker
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
John C Myers III
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Robert B Ourisman
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Kathleen W Rollins
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Eric A Spiegel
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Philip E Tiedtke
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Jeffrey N Vahle
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Elizabeth Barksdale Pokorny
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Erin J Wallace
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Victor A Zollo Jr
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Richard Spencer
Trustee
- Total calculated
- $0
- Hours/week
- 5
-
Lee Saufley Swain
Trustee
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 1a
- In general, companion travel is reimbursable only if the accompanying person has a position with the college and is traveling to make a significant contribution in furtherance of college business. Exceptions to this policy must be approved in advance of travel. President housing/personal services as a condition of employment and for the convenience of the college, the president is required to live in the Barker House on campus. The residence is used frequently for college business including official gatherings of faculty, staff, students, alumni, donors and their families. As part of a program of appropriate and regular maintenance of this house, the college provides cleaning service for the public and private areas. Three officers received an annual membership to a local country club.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Holt Properties LLC
Acquire real property, commercial property rental · FL · income $2,971,188 · assets $15,357,488
Directly controlled by Rollins College
-
Langford RCI LLC
Hotel and Conference Center · FL · income $5,049,786 · assets $8,435,317
Directly controlled by Rollins College
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 April 2026
- IRS schema version
- 2024v5.0
- Source object
- 202641049349301019
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