Overview
What is Allegheny College?
Allegheny College, established in 1815, is a renowned nonprofit institution of higher education located in Meadville, Pennsylvania. With a rich history as one of the oldest 1% of colleges in the US, it currently ranks as the 32nd oldest college in the country. The college prides itself on offering a comprehensive four-year liberal arts and sciences education to its students, encouraging them to explore various fields and expand their horizons. Allegheny College requires students to choose both a major and a minor (outside their major division) by the end of their sophomore year, making it one of the few liberal arts colleges with this requirement. The college has a total of 44 buildings on campus, including a central area of 79 acres and a recreation area of 203 acres, along with the Bousson Forest Nature Preserve of 283 acres. Allegheny College's faculty and staff are dedicated to upholding high academic standards and fostering a supportive learning environment where students can develop intellectually, morally, and socially, while promoting personal and civic responsibility. The college has a substantial workforce of 1,403 employees and invests $54 million in financial assistance for students to help them attain their degrees.
Official website here: www.allegheny.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star rating)
Allegheny College has achieved a remarkable 96% score, indicating strong performance in accountability and finance. This rating reflects the organization's commitment to transparency and effective management practices. The high score is primarily based on significant metrics, with a perfect score in several areas indicating robust financial health and governance.
The college boasts a fully independent board, comprising 91% of its members, which enhances oversight and decision-making. Additionally, its financial practices are rated favorably, with no material diversion of assets reported and a high program expense ratio of nearly 88%. This suggests that a substantial portion of funds is directed toward fulfilling its educational mission.
While the rating is impressive, it is primarily focused on financial performance rather than programmatic impact. Prospective donors and stakeholders may want to consider how effectively the college translates its financial health into educational outcomes and community engagement. Overall, Allegheny College exemplifies strong financial accountability and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Allegheny College legitimate?
Allegheny College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allegheny 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: $1,868,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,563,484
For more financial information, click here
Official website here: www.allegheny.edu
What is the mission statement of Allegheny College?
Allegheny College is a leading institution of higher education that focuses on the holistic development of young adults. Its mission is geared towards preparing students for successful and meaningful lives by promoting their intellectual, moral, and social growth, as well as encouraging personal and civic responsibility. The faculty and staff at Allegheny uphold high academic standards while adopting a supportive learning approach. Graduates of Allegheny College are well-equipped to think critically and creatively, communicate effectively through writing and speaking, and navigate challenges in a diverse and interconnected world. The institution fosters an academic environment that nurtures students' abilities to meet various life's demands.
Official website here: www.allegheny.edu
Who is the CEO of Allegheny College?
Ronald B Cole Phd is the Provost & Dean Of College of Allegheny College.
Official website here: www.allegheny.edu
What is the revenue of Allegheny College?
Allegheny College's revenue in 2022 was $130,249,949.
Official website here: www.allegheny.edu
Who are the executives of Allegheny College and what are their salaries?
The average compensation at Allegheny College during 2022 was $20,978. There are 1403 employees and 59 volunteers at Allegheny College.
Here are 43 key members and their salaries:
- Compensation: $353,971
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- Other: $79,624
- Compensation: $199,137
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- Other: $68,296
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- Compensation: $182,547
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- Other: $37,202
- Compensation: $173,417
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- Other: $19,311
- Compensation: $160,112
- Related: $0
- Other: $11,847
- Compensation: $139,915
- Related: $0
- Other: $36,885
- Compensation: $121,294
- Related: $0
- Other: $14,904
- Compensation: $119,560
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- Other: $24,963
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Official website here: www.allegheny.edu
Where can I find the form 990 for Allegheny College?
Allegheny College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.allegheny.edu
Learn more at the official website: www.allegheny.edu
Mission Statement of Allegheny College
Allegheny College, a esteemed institution of higher education, is dedicated to shaping the next generation of young adults into successful and meaningful contributors to society. This is accomplished through Allegheny's unique undergraduate residential education model, which emphasizes students' intellectual, moral, and social development, and encourages personal and civic responsibility.
The faculty and staff at Allegheny bring together high academic standards and a supportive approach to learning. Students are equipped to think critically and creatively, communicate effectively through clear writing and persuasive speaking, and tackle challenges in a diverse and interconnected world. Allegheny College does not only focus on academic excellence, but also prioritizes the personal and ethical growth of its students. This holistic approach ensures that graduates are well-rounded individuals prepared to make a positive impact in their communities and beyond.
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Impact
October, 2024
Allegheny College significantly impacts its students and the wider community by providing a robust education steeped in the liberal arts and sciences. Established in 1815, it is among the oldest colleges in the United States, emphasizing a well-rounded and intellectually stimulating environment.
The institution's unique curriculum challenges students to select both a major and a minor outside their major discipline by the end of their sophomore year, fostering a comprehensive educational experience that broadens their perspectives and skills. This approach prepares students to think critically and creatively, equipping them with the abilities to write clearly, speak persuasively, and navigate the complexities of a diverse, interconnected world.
Financially, Allegheny College demonstrates its commitment to accessible education by providing $54 million in assistance to help students achieve their degrees. This support comes from various sources, including gifts, grants, and endowment income, ensuring that students can focus on their academic and personal growth.
On campus, Allegheny offers a vibrant residential experience with 40 major buildings on a sprawling 79-acre campus, complemented by an additional 203 acres for recreation and the Bousson Forest Nature Preserve of 283 acres. This environment not only enhances learning but also promotes personal and civic responsibility through engagement with nature and community.
Overall, Allegheny College's mission of preparing students for successful and meaningful lives through intellectual, moral, and social development underscores its influence on future generations, fostering leaders who are ready to address global challenges.
This information is meant to be a general summary of Allegheny 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: $13,299,023
- Program Service Revenue: $99,688,304
- Gross Receipts: $196,430,286
Assets and Liabilities:
- Total Assets: $421,873,412
- Total Liabilities: $72,463,547
- Net Assets: $349,409,865
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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
$78,307,619
AUXILIARY REVENUE
Revenue
$21,380,685
Organization Details
Founding Year
1817
Phone
(814) 332-4790Principal Officer
Ronald B Cole Phd
Main Address
520 NORTH MAIN STREET, MEADVILLE, PA, 16335
Website
www.allegheny.eduNTEE Category
Code: B420 - Education
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