Colgate University Treasurers Office
Colgate University maintains strong financial health with consistent asset growth and positive operating margins.
EIN: 150532078 · Hamilton, NY · NTEE: B42Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $789.3M |
| Total Expenses | $322.5M |
| Program Spending | 80% |
| Net Assets | $1.6B |
| Transparency Score | 85/100 |
Is Colgate University Treasurers Office Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colgate University Treasurers Office directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colgate University Treasurers Office
Colgate University Treasurers Office (EIN: 150532078) is a nonprofit organization based in Hamilton, NY, classified under NTEE code B42Z. The organization reported total revenue of $789.3M and total assets of $2.1B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colgate University Treasurers Office's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colgate University Treasurers Office is a major nonprofit that has been operating for 72 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $350.0M |
| Total Expenses | $322.5M |
| Surplus / Deficit | +$27.5M |
| Total Assets | $2.1B |
| Total Liabilities | $490.3M |
| Net Assets | $1.6B |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 76.5 months |
Financial Health Grade: A
In 2023, Colgate University Treasurers Office reported a surplus of $27.5M with revenue exceeding expenses, holds 76.5 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Colgate University Treasurers Office's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.0% | +5.4% | +5.5% |
| 2022 | +8.9% | +11.9% | -1.9% |
| 2021 | +22.9% | +0.7% | +21.4% |
| 2020 | -9.7% | -2.3% | +1.0% |
| 2019 | +8.2% | +5.5% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1954 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Colgate University Treasurers Office with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Colgate University Treasurers Office allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size and suggests that executive compensation may be reported under different categories or is not a significant portion of the overall expenses, requiring further detailed review of the full 990 forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Colgate University Treasurers Office's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data
- Consistent 0% officer compensation reported, which may obscure actual executive pay if reported elsewhere
Strengths
The following positive indicators were identified for Colgate University Treasurers Office:
- Consistent positive operating margins, indicating financial sustainability
- Significant and consistent growth in assets, from $1.33 billion in 2014 to over $2 billion in 2023
- Strong revenue generation, with latest reported revenue at $789,267,573
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $490M liabilities vs $2.05B assets in 2023)
Frequently Asked Questions about Colgate University Treasurers Office
Is Colgate University Treasurers Office a legitimate charity?
Colgate University Treasurers Office (EIN: 150532078) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $789.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Colgate University Treasurers Office spend its money?
Colgate University Treasurers Office directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Colgate University Treasurers Office tax-deductible?
Colgate University Treasurers Office is registered as a tax-exempt nonprofit (EIN: 150532078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Colgate University Treasurers Office's spending goes to programs?
Colgate University Treasurers Office directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Colgate University Treasurers Office compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Colgate University Treasurers Office is above average for NTEE category B42Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Colgate University Treasurers Office located?
Colgate University Treasurers Office is headquartered in Hamilton, New York and files with the IRS under EIN 150532078. It is classified under NTEE code B42Z.
How many years of IRS 990 filings does Colgate University Treasurers Office have?
Colgate University Treasurers Office has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $789.3M in total revenue.
Is Colgate University Treasurers Office a good charity?
Based on the provided financial data, Colgate University Treasurers Office appears to be a financially sound institution with consistent revenue generation, asset growth, and positive operating margins. The consistent reporting of 0% officer compensation is a positive indicator of efficient resource allocation, though further detail on overall compensation would be beneficial.
How has Colgate University's financial position changed over the last decade?
Colgate University's financial position has significantly strengthened over the last decade. Assets grew from $1,333,737,030 in 2014 to $2,054,890,955 in 2023, and revenues have generally increased, demonstrating robust financial growth and stability.
What is the trend in expenses for Colgate University?
Expenses have shown a steady increase over the decade, rising from $217,015,565 in 2014 to $322,510,679 in 2023, which is commensurate with the growth in revenue and assets, indicating expanding operations.
Filing History
IRS 990 filing history for Colgate University Treasurers Office showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Colgate University Treasurers Office's revenue has grown by 72.5%, moving from $202.9M to $350.0M. Total assets increased by 78% over the same period, from $1.2B to $2.1B. Total functional expenses rose by 69.4%, from $190.3M to $322.5M. In its most recent filing year (2023), Colgate University Treasurers Office reported a surplus of $27.5M, with revenue exceeding expenses. The organization holds $490.3M in liabilities against $2.1B in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $1.6B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $350.0M | $322.5M | $2.1B | $490.3M | — | — |
| 2022 | $411.7M | $306.1M | $1.9B | $393.6M | — | View 990 |
| 2021 | $378.1M | $273.6M | $2.0B | $407.5M | — | — |
| 2020 | $307.5M | $271.8M | $1.6B | $415.3M | — | View 990 |
| 2019 | $340.7M | $278.2M | $1.6B | $416.0M | — | View 990 |
| 2018 | $315.0M | $263.7M | $1.6B | $417.7M | — | View 990 |
| 2017 | $272.8M | $246.2M | $1.5B | $426.1M | — | View 990 |
| 2016 | $255.1M | $235.2M | $1.4B | $334.4M | — | View 990 |
| 2015 | $267.3M | $227.9M | $1.4B | $320.2M | — | View 990 |
| 2014 | $246.6M | $217.0M | $1.3B | $277.9M | — | View 990 |
| 2013 | $241.6M | $206.5M | $1.2B | $275.0M | — | View 990 |
| 2012 | $213.0M | $185.9M | $1.1B | $254.6M | — | View 990 |
| 2011 | $1.2M | $10.5M | $1.2B | $253.9M | — | View 990 |
| 2011 | $202.9M | $190.3M | $1.2B | $260.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $350.0M, expenses of $322.5M, and assets of $2.1B (revenue -15.0% year-over-year).
- 2022: Revenue of $411.7M, expenses of $306.1M, and assets of $1.9B (revenue +8.9% year-over-year).
- 2021: Revenue of $378.1M, expenses of $273.6M, and assets of $2.0B (revenue +22.9% year-over-year).
- 2020: Revenue of $307.5M, expenses of $271.8M, and assets of $1.6B (revenue -9.7% year-over-year).
- 2019: Revenue of $340.7M, expenses of $278.2M, and assets of $1.6B (revenue +8.2% year-over-year).
- 2018: Revenue of $315.0M, expenses of $263.7M, and assets of $1.6B (revenue +15.5% year-over-year).
- 2017: Revenue of $272.8M, expenses of $246.2M, and assets of $1.5B (revenue +7.0% year-over-year).
- 2016: Revenue of $255.1M, expenses of $235.2M, and assets of $1.4B (revenue -4.6% year-over-year).
- 2015: Revenue of $267.3M, expenses of $227.9M, and assets of $1.4B (revenue +8.4% year-over-year).
- 2014: Revenue of $246.6M, expenses of $217.0M, and assets of $1.3B (revenue +2.1% year-over-year).
- 2013: Revenue of $241.6M, expenses of $206.5M, and assets of $1.2B (revenue +13.5% year-over-year).
- 2012: Revenue of $213.0M, expenses of $185.9M, and assets of $1.1B (revenue +17355.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $10.5M, and assets of $1.2B (revenue -99.4% year-over-year).
- 2011: Revenue of $202.9M, expenses of $190.3M, and assets of $1.2B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colgate University Treasurers Office:
Data Sources and Methodology
This transparency report for Colgate University Treasurers Office is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.