Overview
What is Indiana Wesleyan University?
Indiana Wesleyan University is a Christ-centered academic community based in Marion, Indiana, with a committed workforce of 3851 individuals. They offer a wide range of liberal arts instruction and provide essential services such as textbook distribution and residential dining for their students. The university's mission is to seek truth through learning in various disciplines, adhering to Christian faith and philosophy. Their primary goal is to develop students in character, scholarship, and leadership, preparing them for service to God and society.
Official website here: www.indwes.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Indiana Wesleyan University has received a strong rating of 96% from Charity Navigator, highlighting its exceptional accountability and financial practices. The organization excels in governance, with 70% of its board being independent, and it demonstrates a commitment to transparency through comprehensive financial oversight and policy adherence. The university's financial management is evidenced by a low liabilities-to-assets ratio and a high program expense ratio, indicating effective use of funds towards its mission.
The organization has also implemented robust policies concerning conflict of interest, whistleblower protection, and document retention, which contribute to its overall governance quality. Additionally, the availability of board meeting minutes adds a layer of transparency that is valued by stakeholders. These strengths reflect Indiana Wesleyan University's dedication to responsible management and ethical operation.
However, while the financial and accountability scores are impressive, the summary provided does not include information about the university's programmatic impact or community engagement. Future evaluations could benefit from insights into how effectively it fulfills its educational mission beyond the financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana Wesleyan University legitimate?
Indiana Wesleyan University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana 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: $871,234
Professional Fundraising Fees: $246,586
Other Salaries and Wages: $69,280,954
For more financial information, click here
Official website here: www.indwes.edu
What is the mission statement of Indiana Wesleyan University?
Indiana Wesleyan University is a Christ-centered academic community with a mission to change the world. This institution is dedicated to developing students in character, scholarship, and leadership. Indiana Wesleyan University's purpose extends beyond academics, as it seeks truth through study in liberal arts and professional education within the context of Christian faith and philosophy. By doing so, it aims to prepare individuals for service to both God and humanity in the church and in society. The university offers a diverse range of instruction in the liberal arts curriculum, as well as essential services such as textbook distribution and residential dining for students.
Official website here: www.indwes.edu
Who is the CEO of Indiana Wesleyan University?
Nancy Schoonmaker is the President Emeritus of Indiana Wesleyan University.
Official website here: www.indwes.edu
What is the revenue of Indiana Wesleyan University?
Indiana Wesleyan University's revenue in 2023 was $197,828,333.
Official website here: www.indwes.edu
Who are the executives of Indiana Wesleyan University and what are their salaries?
The average compensation at Indiana Wesleyan University during 2023 was $18,217. There are 3851 employees and 340 volunteers at Indiana Wesleyan University.
Here are 39 key members and their salaries:
- Compensation: $228,820
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- Other: $52,759
- Compensation: $140,781
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- Other: $70,547
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- Compensation: $168,604
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- Other: $27,148
- Compensation: $160,158
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- Other: $28,111
- Compensation: $154,859
- Related: $0
- Other: $28,416
- Compensation: $139,563
- Related: $0
- Other: $36,236
- Compensation: $136,868
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- Other: $32,261
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Official website here: www.indwes.edu
Where can I find the form 990 for Indiana Wesleyan University?
Indiana Wesleyan University's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.indwes.edu
Learn more at the official website: www.indwes.edu
Mission Statement of Indiana Wesleyan University
Indiana Wesleyan University, a Christ-centered academic community, is dedicated to transforming the world by cultivating students in character, scholarship, and leadership. The university's purpose extends beyond academics, as it searches for truth through the study of liberal arts and professional education within the framework of Christian faith and philosophy. By developing individuals for service to God and man in the church and society, Indiana Wesleyan University sets itself apart.
The comprehensive instruction offered at Indiana Wesleyan University spans a wide range of disciplines in the liberal arts curriculum. Students are encouraged to explore various fields of knowledge, fostering a well-rounded education. In addition to this, the university offers essential services to enhance the student experience.
One such service is the textbook distribution program. This initiative ensures that students have access to the necessary materials for their classes, thus enabling them to focus on their studies rather than worrying about obtaining textbooks. Another vital service is the residential dining program. This service caters to students' nutritional needs, providing them with meals that fuel their bodies and minds, allowing them to fully engage in their academic pursuits and extracurricular activities. Together, these services contribute to an enriching and supportive learning environment at Indiana Wesleyan University.
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Impact
October, 2024
Indiana Wesleyan University (IWU) serves as a transformative academic community focused on nurturing students in character, scholarship, and leadership. Located in Marion, Indiana, IWU provides a comprehensive liberal arts curriculum that fosters critical thinking and moral reasoning, preparing students for meaningful contributions to both the church and society.
The university emphasizes the pursuit of truth through rigorous academic study intertwined with Christian faith and philosophy. This holistic approach empowers students to explore various disciplines while developing a strong ethical foundation.
Moreover, IWU enhances the student experience through various services, including textbook distribution, residential dining, and extensive support in their academic journeys. This commitment to student development and well-being reflects the institution's mission to develop individuals for service to God and humanity, ultimately impacting the broader community through educated, principled graduates.
This information is meant to be a general summary of Indiana 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 2023.
- Investment Income: $7,205,782
- Program Service Revenue: $174,903,737
- Gross Receipts: $290,126,131
Assets and Liabilities:
- Total Assets: $572,069,015
- Total Liabilities: $52,440,237
- Net Assets: $519,628,778
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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
$149,466,736
FOOD SERVICE
Revenue
$9,121,826
RESIDENCE HALLS
Revenue
$8,758,038
CONFERENCES
Revenue
$1,907,181
BOOKSTORE
Revenue
$1,311,456
Organization Details
Founding Year
1920
Phone
(765) 677-2947Principal Officer
Nancy Schoonmaker
Main Address
4201 S WASHINGTON STREET, MARION, IN, 46953
Website
www.indwes.eduNTEE Category
Code: B42Z - Education
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