NFP500

#398 of 500 · Arts, Culture & Sport

Elderhostel Inc

EIN 04-2632526 · MA · NTEE N500 · Form 990, fiscal 2024

Operates under the name Road Scholar, is a nonprofit organization based in Boston, Massachusetts, founded in 1975. It provides educational travel and lifelong learning programs primarily for older adults, offering thousands of learning adventures across the United States and around the world. Programs pair travel with expert-led instruction on topics such as history, culture, nature, and the arts, fostering learning, discovery, and community among participants who value education as a lifelong pursuit.

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Financials, fiscal 2024

Revenue
$383.7M
Expenses
$344.1M
Total assets
$300.0M
Net assets
$115.2M
Operating margin
10.3%
1-year growth
11.2%
5-year growth (CAGR)
10.8%
Reserve (years of spending)
4.0
Contributions share
0.8%
Programme spending
93.8%
Fundraising cost
0.0%
Executive pay share
1.03%
Employees
544
Revenue per employee
$705K
Grants paid
n/a
Years filing
46

NFP Health Score: 77 / 100

Financial 58 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

Road Scholar inspires adults to learn, discover and travel, with learning adventures that engage expert instructors, provide extraordinary access, and stimulate discourse and friendship among people for whom learning is the journey of a lifetime.

Revenue history

YearRevenue
2020$254.3M
2021$25.8M
2022$157.1M
2023$344.9M
2024$383.7M