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Nonprofit · EIN 54-0505941

RANDOLPH COLLEGE

Tax-exempt · LYNCHBURG, VA 24503

Financials

$43.9M$44.8M2023$50.2M$50.7M2024
Revenue Expenses · by fiscal year end
Financials of RANDOLPH COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$50,220,398$50,710,193-$489,795$289,146,794$21,346,855$267,799,939
June 30, 2024990$43,932,622$44,833,551-$900,929$284,439,609$23,159,437$261,280,172
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,701,897
of which government grants
$589,865
Program service revenue
$29,283,618
Investment income
$16,207,136
Net gain from sales of assets
$12,675,728
Net income from fundraising events
$27,747
Other revenue
$27,747

Expenses

Grants and similar amounts paid
$11,662,318
Compensation of officers, directors and key employees
$864,475
Other salaries and wages
$16,893,475
Salaries, compensation and benefits (total)
$22,550,751
Professional fundraising fees
$0
Depreciation
$2,766,863
Program services (functional)
$41,277,687
Management and general (functional)
$6,284,733
Fundraising (functional)
$3,147,773

Balance sheet and other

Total assets, start of year
$284,439,609
Total assets, end of year
$289,146,794
Total liabilities, end of year
$21,346,855
Net assets, end of year
$267,799,939
Land, buildings and equipment
$75,421,506
Net assets without donor restrictions
$109,590,967
Net assets with donor restrictions
$158,208,972
Gross receipts
$50,222,733
Employees
721
Volunteers
35
Year formed
1891
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SUE OTT ROWLANDSCOLLEGE PRESIDENT
Officer
40$412,869$58,625
JONATHAN P TYREETREASURER/VP FOR FINANCE AND ADMINISTRATION
Officer
40$186,232$48,620
TIM SMITHPROVOST AND VP FOR ACADEMIC AFFAIRS
Highest-paid employee
40$186,868$37,055
JOHN F KEENERVP FOR INSTITUTIONAL EFFECTIVENESS AND REGISTRAR
Highest-paid employee
40$171,716$41,244
FARAH M MARKSVP FOR INSTITUTIONAL ADVANCEMENT
Highest-paid employee
40$149,847$43,314
MEGHAN HALBROOKASSOCIATE PROFESSOR OF SPORT AND EXERCISE STUDIES
Highest-paid employee
40$134,815$31,825
CARL GIRELLIPROFESSOR OF LINGUISTICS
Highest-paid employee
40$132,550$33,552
STEVEN E WILLISSECRETARY/SPECIAL ASSISTANT TO THE PRESIDENT
Officer
40$103,469$27,360
KATHLEEN S GRAVESTRUSTEE CHAIR
Trustee or director
2$0$0
EUGENIA LIVINGS WELBURNTRUSTEE VICE-CHAIR
Trustee or director
2$0$0
MARGARET K BECKSTOFFERTRUSTEE
Trustee or director
2$0$0
KATHY E BROWNTRUSTEE
Trustee or director
2$0$0
MARLON A BROWNTRUSTEE
Trustee or director
2$0$0
ALISON E BUCKLEYTRUSTEE
Trustee or director
2$0$0
KAREN E CAMPBELLTRUSTEE
Trustee or director
2$0$0
19 more people on this return
NameTitleHours / weekCompensation
CARL C COFFEYTRUSTEE
Trustee or director
2$0
ELIZABETH H CRIGHTONTRUSTEE
Trustee or director
2$0
JAMIE L D'INNOCENZOTRUSTEE
Trustee or director
2$0
KATHERINE A DOYLETRUSTEE
Trustee or director
2$0
SANDRA M GARBISCHTRUSTEE
Trustee or director
2$0
JOY A INKPENTRUSTEE
Trustee or director
2$0
LORENA J KERNTRUSTEE
Trustee or director
2$0
SHERI C LAMBERTTRUSTEE
Trustee or director
2$0
MARGARET D MOORETRUSTEE
Trustee or director
2$0
LESLEY C MORGANTRUSTEE
Trustee or director
2$0
CAROLINE R NOYESTRUSTEE
Trustee or director
2$0
NANCY L PASTERNACKTRUSTEE
Trustee or director
2$0
SUSAN N PRICETRUSTEE
Trustee or director
2$0
GILBERT E JR SCHILLTRUSTEE
Trustee or director
2$0
GLEE C SMITHTRUSTEE
Trustee or director
2$0
HOLLIS R SPILLERTRUSTEE
Trustee or director
2$0
HENRY G JR WHITETRUSTEE
Trustee or director
2$0
ALEXANDRA H YAKUBOVTRUSTEE
Trustee or director
2$0
KAREN E ZARUBATRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 35 people
NameTitleHours / weekCompensationOther / benefits
SUE OTT ROWLANDSCOLLEGE PRESIDENT
Officer
40$403,364$50,684
JOHN F KEENERVP FOR INSTITUTIONAL EFFECTIVENESS AND REGISTRAR
Highest-paid employee
40$183,473$48,676
JONATHAN P TYREETREASURER/VP FOR FINANCE AND ADMINISTRATION
Officer
40$180,583$41,763
NICKCOLE MAYNARD-ERRAMIFORMER DIRECTOR OF HUMAN RESOURCES
Highest-paid employee
40$159,481$32,132
FARAH M MARKSVP FOR INSTITUTIONAL ADVANCEMENT
Highest-paid employee
40$147,634$38,785
ELIZABETH A PERRY-SIZEMOREPRESIDENTIAL FELLOW
Highest-paid employee
40$153,000$22,146
A KATRIN SCHENKASSOCIATE PROFESSOR OF PHYSICS
Highest-paid employee
40$128,790$29,328
STEVEN E WILLISSECRETARY/SPECIAL ASSISTANT TO THE PRESIDENT
Officer
40$101,456$21,598
KATHLEEN S GRAVESTRUSTEE CHAIR
Trustee or director
2$0$0
EUGENIA LIVINGS WELBURNTRUSTEE VICE-CHAIR
Trustee or director
2$0$0
MARGARET K BECKSTOFFERTRUSTEE
Trustee or director
2$0$0
KATHY E BROWNTRUSTEE
Trustee or director
2$0$0
MARLON A BROWNTRUSTEE
Trustee or director
2$0$0
ALISON E BUCKLEYTRUSTEE
Trustee or director
2$0$0
KAREN E CAMPBELLTRUSTEE
Trustee or director
2$0$0
CARL C COFFEYTRUSTEE
Trustee or director
2$0$0
ELIZABETH H CRIGHTONTRUSTEE
Trustee or director
2$0$0
KATHERINE A DOYLETRUSTEE
Trustee or director
2$0$0
JOY A INKPENTRUSTEE
Trustee or director
2$0$0
LORENA J KERNTRUSTEE
Trustee or director
2$0$0
SHERI C LAMBERTTRUSTEE
Trustee or director
2$0$0
MARGARET D MOORETRUSTEE
Trustee or director
2$0$0
LESLEY C MORGANTRUSTEE
Trustee or director
2$0$0
CAROLINE R NOYESTRUSTEE
Trustee or director
2$0$0
KATIE A PAGETRUSTEE
Trustee or director
2$0$0
SUSAN N PRICETRUSTEE
Trustee or director
2$0$0
MARC A SCHEWELTRUSTEE
Trustee or director
2$0$0
GILBERT E JR SCHILLTRUSTEE
Trustee or director
2$0$0
GLEE C SMITHTRUSTEE
Trustee or director
2$0$0
HOLLIS R SPILLERTRUSTEE
Trustee or director
2$0$0
CHARLES B WHITETRUSTEE
Trustee or director
2$0$0
HENRY G JR WHITETRUSTEE
Trustee or director
2$0$0
ALEXANDRA H YAKUBOVTRUSTEE
Trustee or director
2$0$0
KAREN E ZARUBATRUSTEE
Trustee or director
2$0$0
EDNA A REHBEINTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
2500 RIVERMONT AVE, LYNCHBURG, VA 24503-1555
In care of
% CONTROLLER
Principal officer (990 for 2024)
RANDOLPH COLLEGE INC, 2500 RIVERMONT AVENUE, LYNCHBURG, VA 24503
Signed the 990
JONATHAN P TYREE, TREASURER/VP FOR FINANCE AND ADMIN
Phone
(434) 947-8000

Mission

SEE DETAILED DESCRIPTION OF ORGANIZATION'S PRIMARY MISSION PROVIDED ON SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTION: 776 FULL-TIME UNDERGRADUATE AND GRADUATE STUDENTS AND 40 PART-TIME STUDENTS (BASED ON FALL 2024 ENROLLMENT)
    Expenses $41,277,687 · grants $11,662,318 · revenue $29,333,889

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
54-0505941
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1944
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$289,146,794
Income (IRS master file)
$50,222,733

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990-TJune 2025–––IRS
990June 2024–––IRS
990-TJune 2024–––IRS
990June 2023$26,358,729$40,534,853$280,008,378IRS
990-TJune 2023–––IRS
990June 2022$52,320,654$38,611,524$288,608,919IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about RANDOLPH COLLEGE

What is the EIN of RANDOLPH COLLEGE?
The employer identification number (EIN) of RANDOLPH COLLEGE is 54-0505941.
Is RANDOLPH COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
Are donations to RANDOLPH COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RANDOLPH COLLEGE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RANDOLPH COLLEGE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RANDOLPH COLLEGE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RANDOLPH COLLEGE?
The 990 for the year ended June 30, 2025 names RANDOLPH COLLEGE INC.
Who are the officers and directors of RANDOLPH COLLEGE?
The 990 for the year ended June 30, 2025 lists 34 people; 8 received compensation from the organization, the highest $412,869 (SUE OTT ROWLANDS, COLLEGE PRESIDENT).
How much revenue does RANDOLPH COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $50,220,398, expenses of $50,710,193 and total assets of $289,146,794 at year end.

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