Overview
What is St Olaf College?
St. Olaf College is a four-year, residential liberal arts institution situated in Northfield, Minnesota, with a student population of approximately 3,000, including 2,988 full-time and 24 part-time students. Accredited by the Higher Learning Commission, the college's academic programs are also recognized by several professional organizations, such as the American Chemical Society, Commission on Collegiate Nursing Education, Council on Social Work Education, National Association of Schools of Dance, National Association of Schools of Music, National Association of Schools of Theatre, and National Council for Accreditation of Teacher Education. St. Olaf College fosters an inclusive, globally engaged community, where students excel in the liberal arts, examine faith and values, and explore meaningful vocations. The student-to-faculty ratio of 11.8:1 supports this mission by providing students with a rich educational experience through classroom, laboratory, and off-campus opportunities.
Official website here: www.stolaf.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
St. Olaf College has achieved a perfect score of 100% on Charity Navigator, reflecting its strong commitment to accountability and finance. This rating is derived from a single beacon score focused entirely on financial practices, indicating that the organization excels in transparency and governance. The college has consistently demonstrated a high level of independence on its board, with 95% of its members being independent, which enhances its decision-making integrity.
The college's fiscal responsibility is highlighted by its impressive program expense ratio of 92.38%, meaning that a significant portion of its funds is directed towards its educational programs. Additionally, the organization has no reported material diversion of assets and maintains robust audit and oversight practices. Policies regarding conflict of interest, whistleblower protections, and document retention are properly established and listed, further showcasing its dedication to ethical operations.
Despite the strong financial health and oversight mechanisms, there are no noted limitations or concerns in the available data. St. Olaf College stands out as a well-managed nonprofit that prioritizes responsible stewardship of its resources and a commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Olaf College legitimate?
St Olaf College is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Olaf 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: $2,453,136
Professional Fundraising Fees: $68,126
Other Salaries and Wages: $53,030,357
For more financial information, click here
Official website here: www.stolaf.edu
What is the mission statement of St Olaf College?
St. Olaf College inspires students to excel in the liberal arts, reflect on faith and values, and explore meaningful vocations in a diverse, globally engaged community grounded in Lutheran tradition. The institution challenges over 3,000 students each year, both full-time and part-time, to broaden their horizons through a comprehensive education. The student-to-faculty ratio of 11.8:1 enables personalized learning experiences that span classrooms, laboratories, and off-campus opportunities. Accredited by the Higher Learning Commission, St. Olaf College offers a range of programs in the natural sciences, social sciences, arts, and humanities, all of which are additionally recognized by various professional organizations.
Official website here: www.stolaf.edu
Who is the CEO of St Olaf College?
David Anderson is the President of St Olaf College.
Official website here: www.stolaf.edu
What is the revenue of St Olaf College?
St Olaf College's revenue in 2022 was $293,547,623.
Official website here: www.stolaf.edu
Who are the executives of St Olaf College and what are their salaries?
The average compensation at St Olaf College during 2022 was $17,088. There are 3247 employees and 149 volunteers at St Olaf College.
Here are 48 key members and their salaries:
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- Compensation: $160,266
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- Compensation: $154,656
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- Other: $17,400
- Compensation: $147,961
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- Other: $16,026
- Compensation: $141,503
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- Other: $38,192
- Compensation: $138,585
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- Other: $20,099
Official website here: www.stolaf.edu
Where can I find the form 990 for St Olaf College?
St Olaf College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stolaf.edu
Learn more at the official website: www.stolaf.edu
Mission Statement of St Olaf College
St. Olaf College, a renowned post-secondary educational institution, inspires students to excel in the liberal arts, scrutinize faith and values, and contemplate meaningful vocations in an inclusive, globally engaged community, nourished by Lutheran tradition. The college challenges its students to reach their academic potential and broaden their horizons through classroom, laboratory, and off-campus experiences.
St. Olaf College, a degree-granting institution accredited by the Higher Learning Commission of the North Central Association of Colleges and Secondary Schools, boasts an impressive student-to-faculty ratio of 11.8:1. This supportive environment enables students to receive personalized attention and engage in a rich academic experience. The college's academic programs in various disciplines, including Chemistry, Nursing, Social Work, Dance, Music, Theatre, and Education, are also accredited by several professional organizations.
At St. Olaf College, students are encouraged to explore their intellectual curiosity and personal growth in a community that values inclusivity and global awareness. The college's commitment to fostering an inclusive learning environment embraces students from diverse backgrounds, fostering a vibrant, interconnected student body. By infusing its educational experience with the richness of the Lutheran tradition, St. Olaf College empowers its students to lead lives of purpose and meaning, prepared to make a significant impact in their communities and the world.
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Impact
October, 2024
St. Olaf College significantly impacts its students and the broader community by fostering a strong liberal arts education rooted in examination of faith and values. With an enrollment of nearly 3,000 full-time students, it creates a dynamic and inclusive learning environment while facilitating personal growth and ethical exploration.
The college emphasizes a commitment to excellence, supported by a student-to-faculty ratio of 11.8:1, ensuring personalized attention and engagement through classroom, laboratory, and off-campus experiences. This approach not only enhances academic learning but also prepares graduates to tackle meaningful vocations that positively contribute to society.
St. Olaf's comprehensive accreditation by various educational bodies upholds its commitment to high academic standards across multiple disciplines, ranging from the sciences to the arts. By cultivating a globally engaged community that values diversity, St. Olaf College equips students with critical thinking skills and a sense of purpose, creating graduates who are well-prepared to make an impact in their fields and communities.
This information is meant to be a general summary of St Olaf 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: $64,025,237
- Program Service Revenue: $188,631,761
- Gross Receipts: $478,507,916
Assets and Liabilities:
- Total Assets: $1,064,982,864
- Total Liabilities: $175,820,903
- Net Assets: $889,161,961
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$155,868,244
AUXILIARY SALES AND SE
Revenue
$30,584,472
OTHER
Revenue
$2,179,045
Organization Details
Founding Year
1874
Phone
(507) 786-2222Principal Officer
David Anderson
Main Address
1520 ST OLAF AVENUE, NORTHFIELD, MN, 55057
Website
www.stolaf.eduNTEE Category
Code: B420 - Education
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