Overview
What is Malone University?
Malone University is a nonprofit institution of higher learning situated in Canton, Ohio, with a student body of around 811 (as of Fall 2021). With a commitment to intellectual enrichment grounded in Christian faith, the university aims to create graduates who possess a deep love for truth and a mature faith. Comprised of one college and three schools, Malone offers undergraduates 50 majors, 41 minors, and 8 pre-professional programs. The university intends for its students to acquire the necessary wisdom, knowledge, skills, and expertise to serve, engage, and transform their communities effectively. The mission of Malone University is to provide students with an education rooted in biblical faith, fostering men and women who are intellectually mature, wise, and committed to helping the Church, community, and the world. The total workforce at Malone University consists of 724 employees.
Official website here: www.malone.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Malone University has received a commendable Four-Star rating from Charity Navigator, which reflects its strong performance in accountability and finance. The outstanding score of 96% is exclusively based on the accountability and finance beacon, indicating that the organization demonstrates high standards in these areas.
The university shows a majority of independent board members, with 81% of its 22 board members being independent. It also scores perfectly in various aspects such as financial oversight, absence of material diversion of assets, and having comprehensive policies for conflict of interest, whistleblowing, and document retention. Additionally, its program expense ratio is notably high at 82.99%, suggesting that a significant portion of its expenses is directed towards its programs rather than administrative costs.
While the data reflects strong governance and financial practices, there are no specific limitations mentioned. This positive assessment underscores Malone University's commitment to transparency and effective management, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Malone University legitimate?
Malone University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Malone 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: $927,418
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,917,936
For more financial information, click here
Official website here: www.malone.edu
What is the mission statement of Malone University?
Malone University's mission is centered around providing students with an education grounded in Biblical faith, with the goal of developing intellectually mature individuals committed to serving the church, community, and the world. The institution is renowned for producing exceptional graduates equipped to engage and transform their communities. The undergraduate educational goals encompass understanding various bodies of knowledge and cultural influences, mastering the foundations of the Christian faith, critical thinking and communication skills, gaining expertise in a profession or academic discipline, and exploring the implications of faith in all areas of living. With one college and three schools, Malone offers 50 undergraduate majors, 41 minors, and 8 pre-professional programs. The university's Fall 2021 traditional undergraduate enrollment was 811.3, with a student-to-faculty ratio of 11.8 to 1.
Official website here: www.malone.edu
Who is the CEO of Malone University?
Greg Miller is the Provost of Malone University.
Official website here: www.malone.edu
What is the revenue of Malone University?
Malone University's revenue in 2022 was $43,088,061.
Official website here: www.malone.edu
Who are the executives of Malone University and what are their salaries?
The average compensation at Malone University during 2022 was $14,980. There are 724 employees and 26 volunteers at Malone University.
Here are 38 key members and their salaries:
- Compensation: $198,673
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- Other: $71,237
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- Other: $15,065
- Compensation: $113,274
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- Other: $24,056
- Compensation: $118,493
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- Other: $7,415
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- Other: $15,168
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Official website here: www.malone.edu
Where can I find the form 990 for Malone University?
Malone University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.malone.edu
Learn more at the official website: www.malone.edu
Mission Statement of Malone University
Malone University, a higher education institution committed to intellectual enrichment within the context of Christian faith, aims to produce graduates who embody a deep-rooted love for truth and mature faith. The mission of Malone University is to provide students with an education grounded in Biblical faith, fostering intellectually mature and wisdom-endowed individuals who serve, engage, and transform their communities.
Malone's Christian liberal arts approach is renowned for producing exceptional graduates, equipped for all aspects of life. Students are encouraged to understand and critically engage with the knowledge and cultural influences that shape the world, while grounding themselves in the biblical, historical, and theological foundations of the Christian faith. They are challenged to think critically and creatively, communicate effectively in various contexts, and attain expertise in at least one discipline or profession. Moreover, Malone University inspires students to explore the implications of their Christian faith for all areas of living, encouraging intellectual, spiritual, and community pursuits.
Malone University is structured as one college and three schools, offering 50 undergraduate majors, 41 minors, and 8 pre-professional programs. The Fall 2021 traditional undergraduate enrollment stood at 811.3, boasting a student-to-faculty ratio of 11.8 to 1. With a headcount of 521 residents and 513 commuters, Malone University is a vibrant academic community dedicated to nurturing intellectually curious and spiritually grounded individuals.
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Impact
October, 2024
Malone University significantly influences its community by cultivating graduates equipped with a profound love of truth and a mature Christian faith. Through its distinctive Christian liberal arts approach, the university emphasizes intellectual enrichment that prepares students for multifaceted aspects of life.
The educational programs are designed to foster critical engagement with knowledge and cultural influences, ensuring that graduates understand the historical and theological foundations of Christianity. Students develop critical and creative thinking skills, enhancing their ability to communicate effectively across various contexts. This approach ensures that graduates attain expertise in specific disciplines while laying the groundwork for meaningful careers or advanced studies.
With a diverse offering of 50 undergraduate majors, 41 minors, and 8 pre-professional programs, Malone also emphasizes the significance of integrating faith with everyday pursuits, encouraging students to explore the implications of their beliefs in all areas of living. The favorable student-to-faculty ratio enables personalized mentorship and support, enriching the educational experience.
Ultimately, Malone University’s mission to foster intellectual maturity, wisdom, and a commitment to service empowers students to positively transform their communities, church, and the broader world.
This information is meant to be a general summary of Malone 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: $813,497
- Program Service Revenue: $36,129,432
- Gross Receipts: $45,645,930
Assets and Liabilities:
- Total Assets: $64,268,407
- Total Liabilities: $19,346,543
- Net Assets: $44,921,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION, FEES, ETC
Revenue
$30,005,506
AUXILIARY REVENUE
Revenue
$5,978,487
PARKING FEES
Revenue
$1,175
TESTING SERVICES
Revenue
$1,225
TRANSCRIPT FEES
Revenue
$13,655
Organization Details
Founding Year
1899
Phone
(330) 471-8100Principal Officer
Greg Miller
Main Address
2600 CLEVELAND AVE NW, CANTON, OH, 44709
Website
www.malone.eduNTEE Category
Code: B420 - Education
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