Overview
What is Ohio Wesleyan University?
Ohio Wesleyan University is a distinguished small liberal arts college situated in Delaware, Ohio. With a rigorous curriculum and strong student-faculty relationships, it offers experiential learning opportunities that link theoretical knowledge to practical realities, preparing students for service and leadership in their careers and communities. The university upholds its heritage by defining itself as a community committed to the free pursuit of truth and the development of students' intellectual and character qualities. Ohio Wesleyan University, as outlined in its charter, is conducted on the most liberal principles, accessible to all religious denominations, and dedicated to the benefit of its citizens. The institution measures its success by accomplishing three objectives in its educational endeavors: imparting knowledge, developing and enhancing essential student abilities, and contextualizing education within values. With a workforce of 1264 employees, Ohio Wesleyan University represents a thriving intellectual and character-building community.
Official website here: www.owu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Ohio Wesleyan University has achieved a commendable Four-Star rating from Charity Navigator, reflecting excellent performance in Accountability and Finance. The organization's score is entirely based on its outstanding accountability practices, indicating a strong commitment to transparency and responsible financial management.
The university boasts an exemplary record of independent governance, with a fully independent board of directors. Additionally, the financial oversight mechanisms are robust, including a well-functioning Audit and Oversight Committee, ensuring that there is no material diversion of assets. The organization also maintains clear conflict of interest, whistleblower, and document retention policies, further enhancing its accountability framework.
In terms of financial health, Ohio Wesleyan University displays an impressive program expense ratio of 89.51%, signifying that a large majority of its budget is directed toward its programs. The institution's liabilities to assets ratio is also favorable at 15.89%, reflecting strong fiscal stability. Overall, Ohio Wesleyan University demonstrates both effective governance and responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Wesleyan University legitimate?
Ohio Wesleyan University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Wesleyan 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: $1,389,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,564,720
For more financial information, click here
Official website here: www.owu.edu
What is the mission statement of Ohio Wesleyan University?
Ohio Wesleyan University is a leading small liberal arts college, characterized by strong connections between students and faculty. The institution's heritage, as outlined in its charter, is rooted in the liberal principles, accessible to all religious denominations, and created for the benefit of the public. In keeping with this legacy, Ohio Wesleyan defines itself as a community of educators and learners dedicated to the pursuit of truth. The university aims to instill essential qualities in its students, including intellect and character, which will benefit them throughout their lives. Ohio Wesleyan measures its success by achieving three objectives: imparting knowledge, developing and enhancing students' capabilities, and contextualizing education within values.
Official website here: www.owu.edu
Who is the CEO of Ohio Wesleyan University?
Rockwell F Jones is the Principal Officer of Ohio Wesleyan University.
Official website here: www.owu.edu
What is the revenue of Ohio Wesleyan University?
Ohio Wesleyan University's revenue in 2022 was $121,947,555.
Official website here: www.owu.edu
Who are the executives of Ohio Wesleyan University and what are their salaries?
The average compensation at Ohio Wesleyan University during 2022 was $18,160. There are 1264 employees and 890 volunteers at Ohio Wesleyan University.
Here are 48 key members and their salaries:
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Official website here: www.owu.edu
Where can I find the form 990 for Ohio Wesleyan University?
Ohio Wesleyan University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.owu.edu
Learn more at the official website: www.owu.edu
Mission Statement of Ohio Wesleyan University
Ohio Wesleyan University, one of the nation's premier small liberal arts colleges, is renowned for its strong relationships between students and faculty and opportunities that prepare students for service and leadership. The university's mission, as enshrined in its charter, is to be conducted on the most liberal principles, accessible to all religious denominations, and designed for the benefit of the community at large. In keeping with its heritage, Ohio Wesleyan is a community of teachers and students dedicated to the free pursuit of truth.
The university's primary goal is to impart knowledge to its students. It achieves this by offering a rigorous academic curriculum and fostering a learning environment that encourages intellectual curiosity and critical thinking. Beyond academics, Ohio Wesleyan also seeks to develop and enhance certain important capabilities in its students. These include qualities of intellect and character that will be useful to them, regardless of their chosen career paths. The university measures its success by the extent to which it has accomplished these objectives in its work with students.
Ohio Wesleyan University is more than just an institution of higher learning. It is a community that values the free pursuit of truth and personal growth. The university's commitment to its students extends beyond the classroom, with opportunities for service and leadership that allow students to apply their knowledge and skills in real-world contexts. In this way, Ohio Wesleyan University equips its students with the tools they need to succeed in their future endeavors, all while instilling a strong sense of personal values and integrity.
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Impact
October, 2024
Ohio Wesleyan University (OWU) stands out as one of the nation’s premier small liberal arts colleges, making a significant impact on both individual students and broader society. Its commitment to fostering strong mentoring relationships between faculty and students creates an enriching educational environment where personal growth and intellectual development flourish.
At OWU, the rigorous curriculum is designed not only to impart essential knowledge but also to cultivate critical thinking, creativity, and ethical leadership. The university emphasizes experiential learning, allowing students to link theoretical concepts with practical applications. This prepares graduates to engage effectively in their careers and contribute meaningfully to their communities.
In line with its mission, Ohio Wesleyan nurtures qualities of intellect and character in its students, equipping them with the skills necessary to navigate an ever-changing world. The university prides itself on being accessible to a diverse range of religious and cultural backgrounds, fostering an inclusive atmosphere where the free pursuit of truth is paramount.
Through its educational practices, OWU aims to achieve three core objectives: imparting knowledge, enhancing essential capabilities, and situating education within a framework of values. This holistic approach not only prepares students for successful careers but also encourages them to take on roles as informed and responsible leaders in society. The impact of Ohio Wesleyan University extends far beyond its campus, shaping engaged citizens who are poised to make a difference in the world.
This information is meant to be a general summary of Ohio Wesleyan 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: $16,275,812
- Program Service Revenue: $81,718,728
- Gross Receipts: $121,947,555
Assets and Liabilities:
- Total Assets: $489,978,014
- Total Liabilities: $82,181,188
- Net Assets: $407,796,826
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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
$64,168,985
AUXILIARY SERVICES
Revenue
$15,651,124
OTHER INCOME
Revenue
$1,535,687
BOOKSTORE
Revenue
$362,932
Organization Details
Founding Year
1842
Phone
(740) 368-2000Principal Officer
Rockwell F Jones
Main Address
61 SOUTH SANDUSKY STREET, DELAWARE, OH, 43015
Website
www.owu.eduNTEE Category
Code: B420 - Education
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