Overview
What is Magdalen College?
Magdalen College is a four-year liberal arts institution located in Warner, New Hampshire. It offers both Associate of Arts and Bachelor of Arts degrees in liberal studies, integrating Roman Catholic theology into its curriculum. The college operates with a mission to uphold Catholic principles and employs the Socratic pedagogical method of inquiry. By fostering an ordered common life, Magdalen College aims to establish and govern a Roman Catholic institution of higher learning, in accordance with the principles outlined in Pope John Paul II's apostolic constitution on Catholic universities. The college boasts a dedicated workforce of 69 individuals, continuing its mission to provide a comprehensive and faith-based education.
Official website here: www.magdalen.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Magdalen College has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial management. The overall score is derived entirely from the Accountability & Finance beacon, showcasing the organization’s commitment to transparency and responsible financial practices. Key strengths include a high percentage of independent board members and an effective audit and oversight committee, which are crucial for maintaining integrity in governance.
The nonprofit boasts a program expense ratio of 84.84%, reflecting that a significant portion of its expenditures goes directly to its programs, which is encouraging for potential donors. Additionally, all required policies, including those addressing conflicts of interest and whistleblower protections, are in place, further bolstering its credibility.
While the organization demonstrates strong financial accountability, it is important for stakeholders to consider the overall impact of its programs and services beyond just financial metrics. Future assessments may benefit from evaluating the effectiveness of its initiatives to present a more comprehensive view of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Magdalen College legitimate?
Magdalen College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magdalen 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: $137,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $916,030
For more financial information, click here
Official website here: www.magdalen.edu
What is the mission statement of Magdalen College?
Magdalen College, being a four-year liberal arts institution, is committed to establishing and managing a Catholic higher learning institution, aligning with the principles outlined in Pope John Paul II's apostolic constitution on Catholic universities. The college accomplishes its mission by fostering an integrated and organized community life, guided by Catholic principles, and rooted in the Socratic method of inquiry for study. The primary goal is to provide Associate of Arts and Bachelor of Arts degrees in liberal studies, encouraging intellectual growth and spiritual development within this educational framework.
Official website here: www.magdalen.edu
Who is the CEO of Magdalen College?
Ryan Messmore is the Chairman of Magdalen College.
Official website here: www.magdalen.edu
What is the revenue of Magdalen College?
Magdalen College's revenue in 2023 was $2,671,615.
Official website here: www.magdalen.edu
Who are the executives of Magdalen College and what are their salaries?
The average compensation at Magdalen College during 2023 was $15,265. There are 69 employees and 27 volunteers at Magdalen College.
Here are 8 key members and their salaries:
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- Compensation: $134,272
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- Other: $31,706
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Official website here: www.magdalen.edu
Where can I find the form 990 for Magdalen College?
Magdalen College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.magdalen.edu
Learn more at the official website: www.magdalen.edu
Mission Statement of Magdalen College
Magdalen College, a four-year liberal arts institution, is dedicated to creating and governing a Roman Catholic higher learning establishment. Aligning with the principles outlined in Pope John Paul II's apostolic constitution on Catholic universities, the college's mission is twofold. Firstly, it seeks to provide associate of arts and bachelor of arts degrees in liberal studies. Secondly, it aims to foster an integrated and ordered common life, guided by Catholic principles and rooted in the Socratic pedagogical method of inquiry. This mission enables Magdalen College to promote intellectual growth and cultivate a community that aligns with its Catholic values.
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Impact
July, 2024
Magdalen College's impact lies in its unique approach to higher education, combining liberal arts education with Roman Catholic theology and the Socratic pedagogical method. By offering Associate and Bachelor of Arts degrees in Liberal Studies, the college aims to cultivate a community grounded in Catholic principles and dedicated to intellectual inquiry. Through its integrated program of study and commitment to a common life guided by these values, Magdalen College contributes to the shaping of informed, ethical individuals who can make meaningful contributions to society.
This information is meant to be a general summary of Magdalen 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 2023.
- Investment Income: $36,235
- Program Service Revenue: $1,919,092
- Gross Receipts: $2,785,336
Assets and Liabilities:
- Total Assets: $3,658,951
- Total Liabilities: $3,774,668
- Net Assets: -$115,717
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION, ROOM, & BOARD - NET
Revenue
$1,891,100
SUMMER PROGRAM
Revenue
$27,992
Organization Details
Founding Year
1973
Phone
(603) 456-2656Principal Officer
Ryan Messmore
Main Address
511 KEARSARGE MOUNTAIN ROAD, WARNER, NH, 032789206
Website
www.magdalen.eduNTEE Category
Code: B42 - Education
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