Overview
What is Hanover College?
Hanover College, established in 1827, is a respected institution of higher education in Hanover, Indiana. With a commitment to lifelong learning, it offers students the opportunity to explore more than 35 academic disciplines and even self-design their majors. The college is home to over 1,000 students, including those enrolled in its new Doctor of Physical Therapy (DPT) Program, which started with 79 students in 2021-2022 and ended the fiscal year with 74. Hanover College's mission is deeply rooted in providing a comprehensive education, employing approximately 717 staff to ensure the success of its students.
Official website here: www.hanover.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Hanover College has received an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The charity's overall score is derived entirely from a single beacon score, reflecting a high level of transparency and responsible financial management. Key strengths include a 100% independent board and excellent ratios in program expenses and liabilities to assets, showcasing a commitment to prioritizing programmatic work.
The college's governance practices are commendable, with policies such as conflict of interest and whistleblower protections clearly documented. The lack of any material diversion of assets further enhances its credibility, suggesting a robust oversight mechanism in place. Additionally, Hanover College maintains thorough documentation, including board meeting minutes, contributing to its transparency.
While the available data emphasizes financial health and governance, there is no detailed information regarding program outcomes or community impact. This limitation suggests that while the college excels in financial accountability, further insights into its educational effectiveness or direct benefits to the community would provide a more comprehensive picture of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Hanover College legitimate?
Hanover College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hanover 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: $672,627
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,756,270
For more financial information, click here
Official website here: www.hanover.edu
What is the mission statement of Hanover College?
Hanover College, established in 1827, is dedicated to delivering a genuine liberal arts education. With over 35 majors and the option for students to create their own custom majors, Hanover College caters to diverse academic interests. The institution offers eight pre-professional tracks and a graduate program, specifically in Physical Therapy, which welcomed 79 students in its inaugural year of 2021-2022. Hanover College's commitment to lifelong learning extends beyond its traditional undergraduate curriculum, providing students with a comprehensive educational experience.
Official website here: www.hanover.edu
Who is the CEO of Hanover College?
Unavailable
Official website here: www.hanover.edu
What is the revenue of Hanover College?
Hanover College's revenue in 2022 was $66,713,330.
Official website here: www.hanover.edu
Who are the executives of Hanover College and what are their salaries?
The average compensation at Hanover College during 2022 was $27,097. There are 717 employees and 41 volunteers at Hanover College.
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Official website here: www.hanover.edu
Where can I find the form 990 for Hanover College?
Hanover College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hanover.edu
Learn more at the official website: www.hanover.edu
Mission Statement of Hanover College
Hanover College, established in 1827, is a leading institution of higher education dedicated to the pursuit of lifelong learning in over 35 academic disciplines. This esteemed institution is renowned for its commitment to delivering a genuine liberal arts education. Hanover College empowers students to explore a diverse range of subjects through its 35 Majors of study and the option for self-designed majors. Additionally, the college offers eight Pre-Professional pathways, catering to students with specific career objectives.
At the heart of Hanover College's mission lies its dedication to providing a comprehensive education that goes beyond textbooks and classrooms. Since its inception, Hanover has been passionate about fostering a well-rounded learning experience for its students. This commitment is reflected in its diverse curriculum, which encourages critical thinking, creativity, and intellectual curiosity.
The college's educational approach is not limited to undergraduate studies. Hanover College also houses a Graduate Program, specifically a Doctor of Physical Therapy program, which welcomed 79 students during its inaugural year in 2021-2022. By offering this advanced degree, Hanover College expands its reach and broadens the scope of its educational offerings, enabling students to further their professional development.
In summary, Hanover College, with its rich history dating back to 1827, stands as a beacon of academic excellence and intellectual growth. Its mission is to provide students with a true liberal arts education, encompassing a wide range of disciplines, and fostering the development of critical thinking, creativity, and a lifelong love of learning. The college's commitment extends beyond undergraduate studies, as evidenced by its Graduate Program in Physical Therapy, ensuring students have the opportunity to advance their careers and make a positive impact in their chosen fields.
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Impact
October, 2024
Hanover College significantly impacts its community and beyond by providing a comprehensive liberal arts education. With a commitment to lifelong learning, Hanover offers over 35 academic disciplines, catering to a diverse student body of approximately 1,023 students. The college not only fosters intellectual growth but also supports individual aspirations through opportunities to self-design majors and pursue specialized pre-professional pathways.
A cornerstone of Hanover's impact is its Doctor of Physical Therapy program, which welcomed 79 students in its inaugural year and demonstrated robust enrollment trends, reflecting strong interest in advanced studies and healthcare professions. By investing in instructional salaries, student financial aid, and other educational resources, Hanover College enriches the academic experience and prepares students for successful careers.
Since its establishment in 1827, Hanover College has remained dedicated to nurturing critical thinking, creativity, and effective communication—skills essential for personal and professional success. This strong foundation equips graduates to contribute meaningfully to society, thus amplifying Hanover's overall influence in the realms of education and community development.
This information is meant to be a general summary of Hanover 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: $1,599,679
- Program Service Revenue: $52,600,561
- Gross Receipts: $87,102,411
Assets and Liabilities:
- Total Assets: $246,034,374
- Total Liabilities: $30,627,009
- Net Assets: $215,407,365
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES AND TUITION
Revenue
$43,049,269
STUDENT HOUSING
Revenue
$5,088,120
DINING HALL/SNACK BAR
Revenue
$4,011,551
FACULTY AND STAFF RESIDENCE
Revenue
$270,402
SUMMER CONFERENCES
Revenue
$116,606
Organization Details
Founding Year
1885
Phone
(812) 866-7000Main Address
495 College Avenue, Hanover, IN, 47243
Website
www.hanover.eduNTEE Category
Code: B420 - Education
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