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Nonprofiteer
← SAYBROOK UNIVERSITY

Form 990 for tax year 2024

Filed by SAYBROOK UNIVERSITY.

Totals

Total revenue
$27,273,155
Total expenses
$23,834,722
Contributions and grants received
$209,099
Grants paid
$1,558,383
Program service revenue
$26,361,633
Investment income
$702,423
Other revenue
$0
Total assets, end of year
$25,402,088
Total liabilities, end of year
$6,660,917
Net assets or fund balances, end of year
$18,741,171
Program services expenses (Part IX)
$15,769,398
Management and general expenses
$7,863,538
Fundraising expenses
$201,786
Program service expenses (Part III)
$15,769,398

Program services were 66.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Michael Horowitz

    Corporate President/Trustee

    Total calculated
    $1,747,997
    From this org
    $0
    From related orgs
    $1,566,900
    Other
    $181,097
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $936,900 related
    Bonus
    $0 + $630,000 related
    Other
    $0
    Deferred
    $0 + $162,292 related
    Nontaxable benefits
    $0 + $18,805 related
    Filer's total
    $0 + $1,747,997 related
  • Robyn Parker

    Interim President (until 4/25)

    Total calculated
    $344,384
    From this org
    $292,066
    From related orgs
    $0
    Other
    $52,318
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,258
    Bonus
    $53,808
    Other
    $0
    Deferred
    $21,558
    Nontaxable benefits
    $30,760
    Filer's total
    $344,384
  • Nathan Long

    Trustee/College Pres. (until 6/24)

    Total calculated
    $568,816
    From this org
    $291,365
    From related orgs
    $223,199
    Other
    $54,252
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,615 + $197,268 related
    Bonus
    $78,750
    Other
    $0 + $25,931 related
    Deferred
    $16,993 + $920 related
    Nontaxable benefits
    $17,459 + $18,880 related
    Filer's total
    $325,817 + $242,999 related
  • Jeremy Moreland

    Trustee/College Pres. (as of 4/25)

    Total calculated
    $0
    Hours/week
    40
  • Patricia Breen

    Board Chair

    Total calculated
    $0
    Hours/week
    2
  • Diane Watson

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • David Ford

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Groh

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Ellen Helms

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Cherron Hoppes

    Trustee (until 9/24)

    Total calculated
    $0
    Hours/week
    2
  • Jana Johnston

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • Carolyn Mathis

    Trustee (until 5/25)

    Total calculated
    $0
    Hours/week
    2
  • Joann Smikle

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • James Thiering

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Gantz

    Corporate Treasurer

    Total calculated
    $400,478
    From this org
    $0
    From related orgs
    $375,738
    Other
    $24,740
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,863 related
    Bonus
    $0 + $70,875 related
    Other
    $0
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $590 related
    Filer's total
    $0 + $400,478 related
  • Greg Beno

    Asst. Corp. Treasurer

    Total calculated
    $276,060
    From this org
    $0
    From related orgs
    $257,592
    Other
    $18,468
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $225,050 related
    Bonus
    $0 + $32,542 related
    Other
    $0
    Deferred
    $0 + $18,001 related
    Nontaxable benefits
    $0 + $467 related
    Filer's total
    $0 + $276,060 related
  • Shari Mikos

    Corporate Secretary

    Total calculated
    $368,593
    From this org
    $0
    From related orgs
    $339,858
    Other
    $28,735
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,358 related
    Bonus
    $0 + $62,500 related
    Other
    $0
    Deferred
    $0 + $24,002 related
    Nontaxable benefits
    $0 + $4,733 related
    Filer's total
    $0 + $368,593 related
  • Elisa Davis

    Assistant Secretary (as of 10/24)

    Total calculated
    $53,079
    From this org
    $0
    From related orgs
    $49,184
    Other
    $3,895
    Hours/week
    2 + 38 related
  • Sara Sotello

    Asst. Corp. Secretary

    Total calculated
    $113,178
    From this org
    $0
    From related orgs
    $93,494
    Other
    $19,684
    Hours/week
    2 + 38 related
  • Karyn Browning

    VP of Admissions

    Total calculated
    $222,295
    From this org
    $194,121
    From related orgs
    $0
    Other
    $28,174
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,574
    Bonus
    $32,547
    Other
    $0
    Deferred
    $13,978
    Nontaxable benefits
    $14,196
    Filer's total
    $222,295
  • Donald Moss

    Dean of Online Programs

    Total calculated
    $167,750
    From this org
    $155,905
    From related orgs
    $0
    Other
    $11,845
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,772
    Bonus
    $10,133
    Other
    $0
    Deferred
    $10,956
    Nontaxable benefits
    $889
    Filer's total
    $167,750
  • Charlotte Hamilton

    Dean, Online Programs

    Total calculated
    $184,772
    From this org
    $140,454
    From related orgs
    $0
    Other
    $44,318
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,613
    Bonus
    $9,841
    Other
    $0
    Deferred
    $10,637
    Nontaxable benefits
    $33,681
    Filer's total
    $184,772
  • Shaniece McGill

    Vice Provost of Student Life & Dean of Students

    Total calculated
    $168,002
    From this org
    $128,064
    From related orgs
    $0
    Other
    $39,938
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $112,314
    Bonus
    $15,750
    Other
    $0
    Deferred
    $10,018
    Nontaxable benefits
    $29,920
    Filer's total
    $168,002

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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
Saybrook University, with support from a related organization, TCS Education System, used one or more of the methods described below to establish the top management official's compensation: - Executive Committee - Independent Compensation Consultant - Compensation Survey or Study - Form 990 of other organizations - Approval by the Board of Executive Committee
Part I, Line 4b
Part I, Line 4b: TCS Education System provides a supplemental deferred compensation plan for certain executives. The following individuals participate in the plan: - Michael Horowitz
Part I, Line 7
The target opportunity for the discretionary award is established through market compensation and internal policy so as to relate pay, performance and rewards. Upon reviewing annual performance, the Executive Committee of the Board of Trustees determines results and the granting of discretionary awards, if any.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
8 April 2026
IRS schema version
2024v5.5
Source object
202601009349300630

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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