Overview
What is Clarks Summit University?
Clarks Summit University is a fully accredited, private, Christian institution situated in a suburban area of Scranton/Wilkes-Barre, Pennsylvania. With around 1,100 students, the university offers a wide range of undergraduate, graduate, and seminary degree programs, from one-year Bible certificates to doctoral programs. The curriculum spans various disciplines, including intercultural youth ministries, worship pastor, business administration, and teacher education. The university's staff consists of 23 full-time faculty members, 16 of whom hold terminal doctorate degrees. The institution is recognized by both the Commission on Higher Education of the Middle States Association of Colleges and Schools and the Association for Biblical Higher Education, and all degrees are approved by the Commonwealth of Pennsylvania. Over 95% of undergraduate students receive financial aid. The university's mission is to provide outstanding biblical higher education through on-campus, online, and distance learning options, fostering critical leadership and life skills, and contributing to a better quality of life in northeastern Pennsylvania and beyond.
Official website here: www.clarkssummitu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Clarks Summit University has received a Three-Star rating from Charity Navigator, indicating a good level of accountability and transparency in its financial practices. With an overall score of 83%, the organization excels particularly in areas such as board independence and financial oversight, showcasing a commitment to responsible governance. The presence of a majority independent board and well-documented policies further enhances its credibility.
The organization's strong performance is reflected in its top marks for various accountability metrics, including an independent board of members and a solid audit process. Clarks Summit University has also demonstrated no material diversion of assets, adhering to best practices in financial management. Its program expense ratio is commendable, indicating that a significant portion of its funding is directed towards its programs.
However, there are areas for improvement, particularly in the liabilities to assets ratio, which could indicate potential financial risk. While the university appears to maintain a solid operational foundation, stakeholders may want to keep an eye on this financial metric to ensure long-term sustainability. Overall, Clarks Summit University shows a commitment to responsible management that benefits its mission and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Clarks Summit University legitimate?
Clarks Summit University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarks Summit University 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: $457,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,014,398
For more financial information, click here
Official website here: www.clarkssummitu.edu
What is the mission statement of Clarks Summit University?
Clarks Summit University is a fully accredited, Christ-centered educational institution that offers undergraduate, graduate, and seminary degree programs. Located in a suburban area, the university provides outstanding biblical higher education through on-campus, online, and distance learning options. The institution's mission is to equip students with critical leadership and life skills, enabling them to serve and lead effectively. The university's contributions extend beyond its campus, positively impacting the lives of people in various regions, including northeastern Pennsylvania and numerous foreign countries. With a scenic 114-acre campus featuring 17 major buildings, athletic facilities, and a 4 1/2-acre lake, Clarks Summit University has educated nearly 13,000 individuals who have made their mark in all 50 U.S. states and numerous international countries.
Official website here: www.clarkssummitu.edu
Who is the CEO of Clarks Summit University?
James Lytle is the President of Clarks Summit University.
Official website here: www.clarkssummitu.edu
What is the revenue of Clarks Summit University?
Clarks Summit University's revenue in 2022 was $11,847,715.
Official website here: www.clarkssummitu.edu
Who are the executives of Clarks Summit University and what are their salaries?
The average compensation at Clarks Summit University during 2022 was $11,495. There are 389 employees and 46 volunteers at Clarks Summit University.
Here are 24 key members and their salaries:
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- Compensation: $72,395
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- Other: $14,709
- Compensation: $52,592
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- Compensation: $52,626
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- Compensation: $77,286
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- Other: $13,539
Official website here: www.clarkssummitu.edu
Where can I find the form 990 for Clarks Summit University?
Clarks Summit University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clarkssummitu.edu
Learn more at the official website: www.clarkssummitu.edu
Mission Statement of Clarks Summit University
Clarks Summit University, a fully accredited, private Christian organization, is dedicated to providing undergraduate, graduate, and seminary degree programs. This institution, rooted in Christianity, offers outstanding biblical higher education through various learning options, including on-campus, online, and distance learning. The primary goal of Clarks Summit University is to equip students with critical leadership and life skills, enabling them to serve and lead in their respective fields. The institution's influence extends beyond its campus, contributing positively to the quality of life in various communities, both locally and internationally. With a scenic 114-acre campus, Clarks Summit University boasts 17 major buildings, athletic facilities, and a 4 1/2-acre lake. Over 13,000 individuals have earned degrees from this esteemed institution, representing every state in the United States and numerous foreign countries.
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Impact
October, 2024
Clarks Summit University significantly impacts the community and global landscape through its commitment to providing high-quality, Christ-centered education. With nearly 1,100 students enrolled in a diverse range of programs—from one-year Bible certificates to full doctorate degrees—the university shapes future leaders who are equipped with critical skills for various fields, including ministry, education, and business administration.
Situated in a suburban area of the Scranton/Wilkes-Barre metropolitan region, Clarks Summit University's impressive campus enables a vibrant learning environment. The institution employs a dedicated faculty, with 16 members holding terminal doctorate degrees, ensuring students receive expert guidance and personalized education. The university's online and distance learning options further extend its reach, allowing students from various backgrounds to pursue their academic and spiritual development.
Financial accessibility is a priority at Clarks Summit University, with over 95 percent of undergraduate students receiving some form of financial aid. This commitment ensures that a diverse student body can engage in meaningful learning experiences that contribute to their personal and professional growth.
The university not only enhances individual lives but also enriches the surrounding community. Through its educational programs and the values instilled in its graduates, Clarks Summit University plays a vital role in fostering a better quality of life in Northeastern Pennsylvania and beyond. With nearly 13,000 alumni making a difference in all 50 states and numerous countries, the university's influence continues to grow, impacting families, communities, and nations through the legacy of its graduates.
This information is meant to be a general summary of Clarks Summit University. 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: $29,157
- Program Service Revenue: $7,869,701
- Gross Receipts: $11,847,715
Assets and Liabilities:
- Total Assets: $12,253,431
- Total Liabilities: $6,948,074
- Net Assets: $5,305,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$5,791,249
AUXILIARY ENTERPRISES
Revenue
$2,078,452
Organization Details
Founding Year
1932
Phone
(570) 586-2400Principal Officer
James Lytle
Main Address
538 VENARD ROAD, CLARKS SUMMIT, PA, 18411
Website
www.clarkssummitu.eduNTEE Category
Code: B500 - Education
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