MITCHELL COLLEGE Charity Report

Public IRS 990 nonprofit record

MITCHELL COLLEGE

EIN 06-0662150 · Education (B410)

What they do

MITCHELL COLLEGE, BASED IN HISTORIC NEW LONDON, CT, PROVIDES A STRENGTH-BASED, HOLISTIC EDUCATION THAT GIVES STUDENTS THE ADAPTABILITY THEY NEED to LEAD FULL PROFESSIONAL and PERSONAL LIVES. OUR NON-TRADITIONAL EDUCATIONAL FOCUS is DESIGNED to DEVELOP THE STRENGTHS of EACH STUDENT and HIGHLIGHT THESE AREAS. ADDITIONALLY, OUR EDUCATION is BASED ON THE PREMISE THAT EACH STUDENT FINDS IDENTITY, MEANING, and PURPOSE THROUGH THE DEVELOPMENT of THEIR EMOTIONAL, SOCIAL, and CREATIVE POTENTIALS, NOT LIMITED SIMPLY to THEIR COGNITIVE DEVELOPMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

65.95%of revenue went to mission work62.7% of expenses · Program services

1.48%of revenue went to fundraising1.4% of expenses

$105.23spent for every $100 of revenueSpending was higher than revenue this year.

37.80%of revenue went to management and office costs35.9% of expenses

$1.29in assets for every $1 spent this yearSome assets cannot be spent right away.

14.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,450,099 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $371,466 for TRACY ESPY (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$27,745,172

Mission workProgram services$18,297,46465.95% of revenue62.7% of expenses

ManagementOffice and general costs$10,487,17737.80% of revenue35.9% of expenses

FundraisingAsking for donations$410,6301.48% of revenue1.4% of expenses

Total expenses$29,195,271105.23% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 62.7% mission · 35.9% management · 1.4% fundraisingTotal expenses: 105.23% of revenue

2023Expense mix: 70.0% mission · 28.3% management · 1.7% fundraisingTotal expenses: 115.76% of revenue

2022Expense mix: 70.8% mission · 27.4% management · 1.9% fundraisingTotal expenses: 105.48% of revenue

2021Expense mix: 71.3% mission · 27.0% management · 1.7% fundraisingTotal expenses: 91.33% of revenue

2020Expense mix: 70.6% mission · 28.4% management · 1.0% fundraisingTotal expenses: 99.98% of revenue

2019Expense mix: 74.1% mission · 24.8% management · 1.1% fundraisingTotal expenses: 95.63% of revenue

2018Expense mix: 73.4% mission · 25.6% management · 1.0% fundraisingTotal expenses: 100.06% of revenue

2017Expense mix: 76.0% mission · 23.0% management · 1.0% fundraisingTotal expenses: 97.70% of revenue

Money in and money out

Revenue$27,745,172

Expenses$29,195,271

Annual shortfall $1,450,099 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$18,297,464 · 62.7% of expenses

Management and office costs$10,487,177 · 35.9% of expenses

Fundraising$410,630 · 1.4% of expenses

See all reported dollar amounts

Revenue$27,745,172

Expenses$29,195,271

Assets$37,715,478

Income$29,627,815

Contributions$3,918,471

Mission work (program services)$18,297,464

Fundraising$410,630

Management and general$10,487,177

Stocks and bonds$8,640,333

Accounting fees$114,532

Investing fees$8,283

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TRACY ESPYPRESIDENT · 60 hrs/week $371,466Base $291,573 · Other $79,893

ROBERT PERUZZOTTIVP FINANCE & OPERATIONS · 60 hrs/week $216,055Base $194,594 · Other $21,461

KELLY HARTCHIEF OF STAFF · 50 hrs/week $199,934Base $176,467 · Other $23,467

ELIZABETH ANN BEAULIEUVP ADADEMIC AFFAIRS · 50 hrs/week $182,366Base $147,022 · Other $35,344

JOSEPH PARDEEDIRECTOR FACILITIES · 50 hrs/week $161,691Base $119,494 · Other $42,197

ALICIA MARTINEZDEAN OF STUDENT EXPERIENCE · 50 hrs/week $153,709Base $134,810 · Other $18,899

MASON MICHELLEEXECUTIVE DIRECTOR ADMISSI · 60 hrs/week $110,258Base $110,063 · Other $195

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

TRACY ESPYPRESIDENT

ROBERT PERUZZOTTIVP FINANCE & OPERATIONS

KELLY HARTCHIEF OF STAFF

ELIZABETH ANN BEAULIEUVP ADADEMIC AFFAIRS

JOSEPH PARDEEDIRECTOR FACILITIES

ALICIA MARTINEZDEAN OF STUDENT EXPERIENCE

MASON MICHELLEEXECUTIVE DIRECTOR ADMISSI

RICHARD DAVINOCHAIRPERSON

MOISH TOVTRUSTEE

NANCY DOLANSECRETARY

NORMAN SOLOMONTRUSTEE

PATRICK CAULFIELDTRUSTEE

MARK ALBERTITRUSTEE

SHANNON CHRISTIANTRUSTEE

THOMAS RUFFINGTREASURER

WALTER KUHNTRUSTEE

YULANDA HARRISTRUSTEE

MICHAEL OCONNORVICE-CHAIR

KEVIN COLEMANTRUSTEE

JOHNATHAN ATKINSONTRUSTEE (UNTIL 12/10/24)

JASON GUYOTTRUSTEE

HELENE BANKSTRUSTEE

GEORGE WHITETRUSTEE

DAVID SANDBERGTRUSTEE

CORNELL YARBOUGHTRUSTEE

CHARLES PRATTTRUSTEE

BARBARA PRATTTRUSTEE

ANDY KOHATRUSTEE

About this charity

Recognized since: January 1946
Location: 437 PEQUOT AVE, NEW LONDON, CT 06320-4452
County: New London
In care of: KATHLEEN HALLAHAN
Primary officer: KATHLEEN HALLAHAN, INTERIM VP OF FINANCE

How to reach them

WebsiteVisit the charity’s website Emailadmissions@mitchell.edu Phone(860) 701-5016

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Education (B410)

MITCHELL COLLEGE

MITCHELL COLLEGE

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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