Overview
What is President & Trustees Of Colby College?
The President & Trustees of Colby College, located at 4122 Mayflower Hill, Waterville, Maine, 04901, is a prominent nonprofit institution focused on higher education. With 2,262 undergraduate students in the 2021/22 academic year, they graduated 529 students and welcomed approximately 230 studying abroad. The organization boasts an 87.45% graduation rate within five years and maintains a 10:1 student-to-faculty ratio. Colby's mission is to deliver a distinctive educational experience and foster a comprehensive understanding of human knowledge to help each student realize their full potential. Their operations encompass faculty salaries, dormitories, dining, academic and student support services, campus upkeep, and other associated costs, employing a workforce of 2,776 individuals.
Official website here: www.colby.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Colby College has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization scored 96%, reflecting excellence in various key performance indicators. Notably, they have a fully independent board and robust financial oversight practices, which contribute to their high rating.
The college boasts exemplary governance structures, with 94% of board members being independent and a comprehensive audit and oversight committee. They have also established clear policies regarding conflict of interest, whistleblower protections, and document retention, all of which enhance transparency and institutional integrity. Their financial health is further evidenced by a low liabilities-to-assets ratio, demonstrating effective management of resources.
While the ratings highlight numerous strengths, the summary does not indicate any significant limitations or concerns regarding the organization's operations. Overall, Colby College appears to be a well-managed institution with a strong focus on accountability and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is President & Trustees Of Colby College legitimate?
President & Trustees Of Colby College is a legitimate nonprofit organization registered as a 501(c)(3) entity. President & Trustees Of Colby College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,407,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,835,961
For more financial information, click here
Official website here: www.colby.edu
What is the mission statement of President & Trustees Of Colby College?
The President & Trustees of Colby College are dedicated to delivering a distinctive educational experience that allows students to explore their unique potential. Through instruction of approximately 2,262 undergraduate students each year, Colby aims to broaden their students' knowledge and equip them with the tools to succeed. In the 2021/22 academic year, 529 students graduated, and an estimated 230 students engaged in study abroad programs. The college maintains a student-to-faculty ratio of 10:1, ensuring a personalized learning environment. With a focus on student and academic support services, campus maintenance, and other related expenses, the college invests in the development of its students.
Official website here: www.colby.edu
Who is the CEO of President & Trustees Of Colby College?
David A Greene is the Principal Officer of President & Trustees Of Colby College.
Official website here: www.colby.edu
What is the revenue of President & Trustees Of Colby College?
President & Trustees Of Colby College's revenue in 2022 was $403,263,000.
Official website here: www.colby.edu
Who are the executives of President & Trustees Of Colby College and what are their salaries?
The average compensation at President & Trustees Of Colby College during 2022 was $26,745. There are 2776 employees and 2000 volunteers at President & Trustees Of Colby College.
Here are 65 key members and their salaries:
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Official website here: www.colby.edu
Where can I find the form 990 for President & Trustees Of Colby College?
President & Trustees Of Colby College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colby.edu
Learn more at the official website: www.colby.edu
Mission Statement of President & Trustees Of Colby College
The President & Trustees of Colby College are dedicated to delivering a distinctive educational experience that equips each student with a comprehensive understanding of human knowledge. Their mission is to foster an environment that empowers students to realize their full potential. Colby College prides itself on providing undergraduate instruction to a student body of 2,262, with 529 students graduating in the 2021/22 academic year. Approximately 230 students undertook study abroad programs during this period. The institution boasts an impressive graduation rate of 87.45%, with a student-to-faculty ratio of 10:1. This ratio underscores the College's commitment to ensuring personalized attention and academic rigor. The President & Trustees of Colby College invest heavily in faculty, dormitories and dining, student and academic support services, campus maintenance, and related costs to create an optimal learning environment.
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Impact
August, 2024
President & Trustees Of Colby College, through its dedication to providing postsecondary education, has a significant impact on the development and education of its students. With a focus on offering a unique educational experience and broadening students' knowledge, the college instructs a substantial number of undergraduate students each year. In the 2021/22 academic year, 529 students graduated from Colby College, showcasing the institution's role in preparing individuals for the future.
Additionally, the college's commitment to academic excellence is evident in its impressive completion rate, with 87.45% of students completing their degree within five years. The low student-to-faculty ratio of 10:1 underscores the institution's emphasis on individualized attention and support for its students.
By providing a range of essential services, including faculty instruction, student support, and campus maintenance, President & Trustees Of Colby College creates a nurturing environment for student growth and learning. This commitment to education and holistic development contributes significantly to shaping the future leaders and professionals who will make a positive impact on society.
Overall, President & Trustees Of Colby College's impact extends far beyond its campus in WATERVILLE, ME, as it equips students with the knowledge and skills to fulfill their unique potential and contribute meaningfully to the world in various fields.
This information is meant to be a general summary of President & Trustees Of Colby College. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $140,964,000
- Program Service Revenue: $173,142,000
- Gross Receipts: $936,826,000
Assets and Liabilities:
- Total Assets: $2,249,032,000
- Total Liabilities: $409,310,000
- Net Assets: $1,839,722,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and fees
Revenue
$136,372,000
Auxiliary
Revenue
$34,645,000
Organization Details
Founding Year
1821
Phone
(207) 859-4769Principal Officer
David A Greene
Main Address
4120 Mayflower Hill, Waterville, ME, 04901
Website
www.colby.eduNTEE Category
Code: B420 - Education
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