Overview
What is Mount Vernon Nazarene University?
Mount Vernon Nazarene University, situated at 800 Martinsburg Road in Mount Vernon, Ohio (43050), is a reputed four-year educational institution. It grants degrees ranging from Associate to Masters levels in various academic fields, as authorized by its Board of Trustees and the State of Ohio, as well as the Higher Learning Commission. The university's mission extends beyond academics, as it supports the educational and theological endeavors of the Church of the Nazarene and similar religious and educational organizations. In the 2021-2022 academic year, it conferred 517 undergraduate and graduate degrees, boasting an average student financial aid of $19,859 against total direct costs of $42,110, and an average enrollment count of 1,985 students.
Official website here: www.mvnu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Mount Vernon Nazarene University has received a commendable Four-Star rating from Charity Navigator, reflecting its high performance in accountability and finance. The university's overall score is exclusively derived from its strong accountability practices, underscoring its commitment to transparency and effective governance.
The organization boasts an entirely independent board of directors, which enhances its governance structure. Key financial metrics are impressive, including a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant portion of its funds is dedicated to its educational programs rather than administrative costs. These attributes suggest a well-managed institution that prioritizes its mission.
While the ratings and information highlight the university's strengths, potential limitations are not explicitly mentioned. However, as with any institution, it is important for stakeholders to consider the broader context and specific needs of the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Vernon Nazarene University legitimate?
Mount Vernon Nazarene University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Vernon Nazarene 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: $562,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,734,337
For more financial information, click here
Official website here: www.mvnu.edu
What is the mission statement of Mount Vernon Nazarene University?
Mount Vernon Nazarene University is a recognized institution of higher learning, granting both undergraduate and graduate degrees in various academic fields. Beyond academics, the university plays a critical role in supporting the educational and theological initiatives of the Church of the Nazarene and similar religious and educational organizations. The university's mission encompasses the pursuit of knowledge and the provision of resources, enabling these entities to thrive in their respective domains.
Official website here: www.mvnu.edu
Who is the CEO of Mount Vernon Nazarene University?
Unavailable The CEO's salary of Mount Vernon Nazarene University is $198,414 and their total compensation is $267,625.
Official website here: www.mvnu.edu
What is the revenue of Mount Vernon Nazarene University?
Mount Vernon Nazarene University's revenue in 2022 was $63,465,382.
Official website here: www.mvnu.edu
Who are the executives of Mount Vernon Nazarene University and what are their salaries?
The average compensation at Mount Vernon Nazarene University during 2022 was $13,695. There are 1190 employees and 75 volunteers at Mount Vernon Nazarene University.
Here are 32 key members and their salaries (Mount Vernon Nazarene University's CEO's salary is $198,414 and their total compensation is $267,625):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $70
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $350
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $121,864
- Related: $0
- Other: $13,080
- Compensation: $198,414
- Related: $0
- Other: $69,211
- Compensation: $120,743
- Related: $0
- Other: $31,786
- Compensation: $115,798
- Related: $0
- Other: $11,784
- Compensation: $120,186
- Related: $0
- Other: $48,052
Official website here: www.mvnu.edu
Where can I find the form 990 for Mount Vernon Nazarene University?
Mount Vernon Nazarene University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvnu.edu
Learn more at the official website: www.mvnu.edu
Mission Statement of Mount Vernon Nazarene University
Mount Vernon Nazarene University, a respected four-year liberal arts institution, is dedicated to conferring undergraduate and graduate degrees in a diverse range of academic disciplines. Beyond its academic pursuits, the university plays a pivotal role in supporting the educational and theological initiatives of the Church of the Nazarene and similar religious and educational organizations. In essence, Mount Vernon Nazarene University functions as a key partner in fostering knowledge and faith.
Established as an accredited higher learning institution, Mount Vernon Nazarene University is renowned for its commitment to providing quality education. The university grants both two-year and four-year degrees, alongside graduate degrees, allowing students to expand their horizons in various fields. Simultaneously, it offers invaluable assistance to the Church of the Nazarene and like-minded organizations, furthering their educational and theological objectives.
By serving as a crucial logistical support system, Mount Vernon Nazarene University strengthens the Church of the Nazarene's impact on the community and beyond. Its dedication to enhancing educational opportunities extends beyond its own student body, thereby contributing to a broader and more profound influence within the realm of academia and spiritual growth.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Mount Vernon Nazarene University (MVNU) significantly impacts its community and beyond through its commitment to higher education and personal development. As an accredited four-year liberal arts university, MVNU offers a diverse range of academic programs, including associate, bachelor's, and graduate degrees. This broad educational offering allows students to pursue degrees in various disciplines, fostering critical thinking, creativity, and ethical leadership.
In the 2021-2022 academic year, MVNU conferred 517 degrees, reflecting its dedication to student success and academic excellence. With an average enrollment of nearly 2,000 students, the university serves a substantial population, providing them with essential educational opportunities and resources. The average institution-based financial aid of $19,859 helps to alleviate the financial burdens of students against a total direct cost of $42,110, making higher education more accessible to a diverse student body.
Moreover, MVNU plays a vital role in supporting the educational and theological missions of the Church of the Nazarene and similar organizations. This partnership enhances its reach and impact, fostering a strong sense of community and shared values among students and faculty alike. Through its programs and initiatives, MVNU cultivates a transformative learning environment that prepares graduates to contribute positively to society, both locally in Mount Vernon, Ohio, and globally.
This information is meant to be a general summary of Mount Vernon Nazarene 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: $1,715,392
- Program Service Revenue: $54,426,317
- Gross Receipts: $71,160,902
Assets and Liabilities:
- Total Assets: $102,841,076
- Total Liabilities: $12,663,218
- Net Assets: $90,177,858
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT TUITION AND FEES
Revenue
$44,730,244
STUDENT HOUSING AND FOOD SERVICES
Revenue
$8,546,530
STUDENT ORGANIZATION AND ACTIVITY REVENUE
Revenue
$561,355
AUXILIARY EXEMPT FUNCTION REVENUE
Revenue
$588,188
Organization Details
Founding Year
1968
Phone
(740) 397-9000Main Address
800 Martinsburg Road, Mount Vernon, OH, 43050
Website
www.mvnu.eduNTEE Category
Code: B430 - Education
If you are a representative of Mount Vernon Nazarene University and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.