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GRANITE EDVANCE CORPORATION

EIN 02-0368776 CONCORD, NH

Revenue 2024
$61,204,622
Expenses 2024
$59,200,848

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B820
Classification
1200
Street
3 BARRELL COURT

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

To support New Hampshire students and families in navigating their education and career pathways by providing free advisory services, student loans and scholarships for post-secondary education.

Activities or mission (Part I)

To support New Hampshire students and families in navigating their education and career pathways.

  • The Corporation was organized for the charitable and educational purpose of providing low-cost financial assistance primarily to eligible students attending college in New Hampshire or residents attending college out of state.

    Expenses $55,794,519 · Grants $1,026,288 · Revenue $53,741,564

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Peter Burger

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • William Dwyer

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Rick Elwell

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Chuck Lloyd

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • MB Lufkin

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Debra Miller

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Hans Olson

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Sandy Tracy

    Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Susan Huard

    Chair (end 12/2024); Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Paul Provost

    Trustee; Chair (start 1/2025)

    Total calculated
    $0
    Hours/week
    0.2
  • Gordon Koff

    Vice Chair; Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Carol Houle

    Treasurer; Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Jamie Burnett

    Secretary; Trustee

    Total calculated
    $0
    Hours/week
    0.2
  • Christiana Thornton

    President & CEO

    Total calculated
    $553,840
    From this org
    $507,256
    From related orgs
    $0
    Other
    $46,584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $385,427
    Bonus
    $121,529
    Other
    $300
    Deferred
    $12,711
    Nontaxable benefits
    $33,873
    Filer's total
    $553,840
  • Scott Rogers

    VP & CFO

    Total calculated
    $323,375
    From this org
    $281,207
    From related orgs
    $0
    Other
    $42,168
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,297
    Bonus
    $47,930
    Other
    $1,980
    Deferred
    $14,397
    Nontaxable benefits
    $27,771
    Filer's total
    $323,375
  • John Flanders

    VP & Chief Strategy/Lending Officer

    Total calculated
    $262,577
    From this org
    $224,643
    From related orgs
    $0
    Other
    $37,934
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,798
    Bonus
    $20,715
    Other
    $2,130
    Deferred
    $10,660
    Nontaxable benefits
    $27,274
    Filer's total
    $262,577
  • Blessing Chimwanda

    Gen. Counsel/Chief Compliance Off.

    Total calculated
    $242,410
    From this org
    $233,919
    From related orgs
    $0
    Other
    $8,491
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,414
    Bonus
    $21,275
    Other
    $1,230
    Deferred
    $6,981
    Nontaxable benefits
    $1,510
    Filer's total
    $242,410
  • Erik Sobel

    VP Technology Solutions & Security

    Total calculated
    $215,455
    From this org
    $194,743
    From related orgs
    $0
    Other
    $20,712
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,018
    Bonus
    $9,435
    Other
    $1,290
    Deferred
    $9,808
    Nontaxable benefits
    $10,904
    Filer's total
    $215,455
  • Danielle Barrick

    VP Chief Communications Officer

    Total calculated
    $201,554
    From this org
    $191,401
    From related orgs
    $0
    Other
    $10,153
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,597
    Bonus
    $12,574
    Other
    $1,230
    Deferred
    $8,539
    Nontaxable benefits
    $1,614
    Filer's total
    $201,554
  • Daniel Coughlan

    VP Capital Markets/Asset Management

    Total calculated
    $180,766
    From this org
    $152,779
    From related orgs
    $0
    Other
    $27,987
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,117
    Bonus
    $10,372
    Other
    $1,290
    Deferred
    $7,796
    Nontaxable benefits
    $20,191
    Filer's total
    $180,766
  • Kathy-Ann Maguire

    VP People & Talent Management

    Total calculated
    $186,530
    From this org
    $150,897
    From related orgs
    $0
    Other
    $35,633
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,077
    Bonus
    $10,530
    Other
    $1,290
    Deferred
    $7,981
    Nontaxable benefits
    $27,652
    Filer's total
    $186,530
  • Christopher Nadeau

    VP, Information Security & Business Solutions

    Total calculated
    $165,591
    From this org
    $131,156
    From related orgs
    $0
    Other
    $34,435
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $124,212
    Bonus
    $6,094
    Other
    $850
    Deferred
    $6,820
    Nontaxable benefits
    $27,615
    Filer's total
    $165,591
  • Carlton Lewis

    Solutions Architect

    Total calculated
    $142,654
    From this org
    $132,775
    From related orgs
    $0
    Other
    $9,879
    Hours/week
    40
  • Merek Weisensee

    AVP, Technical Solutions & Support

    Total calculated
    $138,362
    From this org
    $128,678
    From related orgs
    $0
    Other
    $9,684
    Hours/week
    40
  • Matthew Wallace

    VP, Education & Career Pathways

    Total calculated
    $145,708
    From this org
    $116,157
    From related orgs
    $0
    Other
    $29,551
    Hours/week
    40

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $61,204,622
    Expenses
    $59,200,848
    Contributions
    $40,000
    Grants paid
    $1,026,288
  • 2023
    Revenue
    $63,939,847
    Expenses
    $60,059,105
    Contributions
    $542,652
    Grants paid
    $650,500
  • 2022
    Revenue
    $61,725,667
    Expenses
    $60,413,588
    Contributions
    $113,000
    Grants paid
    $44,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $60,034,018
    Expenses
    $52,511,711
    Assets (EOY)
    $928,313,847
  • 2020 · 990

    Revenue
    $75,110,962
    Expenses
    $62,096,640
    Assets (EOY)
    $910,620,336
  • 2019 · 990

    Revenue
    $54,814,259
    Expenses
    $56,076,554
    Assets (EOY)
    $867,907,952
  • 2018 · 990

    Revenue
    $54,774,294
    Expenses
    $53,581,370
    Assets (EOY)
    $772,977,645
  • 2017 · 990

    Revenue
    $48,139,019
    Expenses
    $43,835,663
    Assets (EOY)
    $693,191,534
  • 2016 · 990

    Revenue
    $40,637,789
    Expenses
    $37,548,859
    Assets (EOY)
    $665,247,990
  • 2015 · 990

    Revenue
    $38,301,361
    Expenses
    $35,859,899
    Assets (EOY)
    $728,918,980
  • 2014 · 990

    Revenue
    $40,569,011
    Expenses
    $35,302,496
    Assets (EOY)
    $747,726,832
  • 2013 · 990

    Revenue
    $42,889,133
    Expenses
    $39,557,862
    Assets (EOY)
    $824,702,305
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $47,179,986
    Assets (EOY)
    $911,607,505

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

  • New Hampshire Department of Education

    $125,000

    2023 Education

  • University System of New Hampshire

    $100,000

    2024 To provide support to enrolled students with short-term financial needs.

  • Community College System of New Hampshire

    $100,000

    2024 To provide support to enrolled students with short-term financial needs.

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2022 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.