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Signum University

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453208712 ✦ Bedford, NH ✦ Designated as a 501(c)(3)

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Overview

What is Signum University?

Signum University is a nonprofit organization located at 1 HARDY ROAD BOX 389, Bedford, NH 03110. Their primary mission is to establish an inclusive and globally accessible digital campus, reducing costs for students while offering a dynamic online academic community. This environment encourages exceptional teaching, fosters intellectual engagement, and promotes a fair and generous treatment of employees and students alike. Signum University provides learning resources through their online library and offers courses leading to certificates or master's degrees in language and literature. They also conduct professional development courses in interpersonal skills, run after-school clubs in language arts for children, organize educational conferences, and host various public education programs freely available to everyone. Signum University's total employee count stands at 33.


Official website here: www.signumuniversity.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Signum University has achieved an 81% overall score, indicating a solid level of accountability and financial health. The organization scores particularly well in governance, with 100% of its board members being independent and a significant size of 13 independent members, demonstrating strong oversight and ethical management practices.

Financially, Signum University excels with a program expense ratio of 92.10%, signaling that the majority of its funds are directed towards its mission-driven activities. Additionally, the existence of comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention further enhances its credibility and operational transparency.

While the ratings reflect a well-managed organization, the three-star rating suggests there may be areas for improvement to achieve a higher level of excellence. However, the absence of any material diversions of assets indicates a robust financial integrity that supports its educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Signum University legitimate?

Signum University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Signum 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: $80,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $694,545

For more financial information, click here


Official website here: www.signumuniversity.org

What is the mission statement of Signum University?

Signum University's mission is to establish a globally accessible digital campus, reducing student costs and providing an engaging online academic community. This platform fosters exceptional teaching, encourages intellectual engagement, and ensures a fair and generous treatment for employees and students alike. Signum offers courses leading to certificates or master's degrees in language and literature, conducts professional development courses in interpersonal skills, organizes afterschool language arts clubs for children, hosts educational conferences, and offers various public education programs that are freely available to everyone. Signum's educational services and scholarship enhancement include classroom teaching and the direct provision of learning resources to students through its online library.


Official website here: www.signumuniversity.org

Who is the CEO of Signum University?

Corey Olsen is the President of Signum University.


Official website here: www.signumuniversity.org

What is the revenue of Signum University?

Signum University's revenue in 2023 was $927,883.


Official website here: www.signumuniversity.org

Who are the executives of Signum University and what are their salaries?

The average compensation at Signum University during 2023 was $23,496. There are 33 employees and 15 volunteers at Signum University.


Here are 13 key members and their salaries:


Corey Olsen (President)
  • Compensation: $27,993
  • Related: $0
  • Other: $0
Faith Acker (Curriculum Coordinator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keli Fancher (Dean Of Digital Campus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Deforest (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Powell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liza Gold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Higgins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Rybski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Hoff (Dean Of People)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcom Harden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Swain (Faculty Governor)
  • Compensation: $17,573
  • Related: $0
  • Other: $0
Laurie Alden (Governor)
  • Compensation: $35,241
  • Related: $0
  • Other: $0
Lynn Schlesinger (Student Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.signumuniversity.org

Where can I find the form 990 for Signum University?

Signum University's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.signumuniversity.org

Learn more at the official website: www.signumuniversity.org

Mission Statement of Signum University

Signum University, a distinguished nonprofit organization, aims to establish a globally accessible digital campus that reduces student costs while providing an engaging online academic community. Their mission is to foster exceptional teaching, intellectual engagement, and ensure a fair and generous treatment of both employees and students alike. By offering courses leading to a certificate or master's degree in language and literature, conducting professional development courses in interpersonal skills for professionals, running after-school clubs in language arts for children, organizing educational conferences, and hosting numerous free public education programs, Signum University strives to make quality education accessible and affordable to all. Their mission is centered around the idea of creating a vibrant online academic community that supports students and employees alike, promoting a culture of learning and growth.

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Impact




July, 2024

Signum University's impact is far-reaching and multi-faceted. By establishing an open and globally accessible digital campus, Signum is reducing student costs and providing a vibrant online academic community that fosters exceptional teaching and opportunities for intellectual engagement. Furthermore, Signum ensures fair and generous treatment for both employees and students.

The university offers courses towards certificates and master's degrees in language and literature, conducts professional development courses in interpersonal skills for professionals, runs afterschool clubs in language arts for kids, organizes educational conferences, and hosts numerous public education programs that are freely available to everyone. Through its educational services and scholarship enhancement, Signum is enhancing classroom teaching and providing learning resources through its online library.

Signum University's commitment to accessible and high-quality education is evident in its impactful programs and initiatives that serve individuals of all ages and backgrounds, contributing to the advancement of education and intellectual growth globally.




This information is meant to be a general summary of Signum 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.

Revenue
$927,883 (2023)
Expenses
$982,761 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2
  • Program Service Revenue: $825,897
  • Gross Receipts: $927,883

Assets and Liabilities:

  • Total Assets: $44,010
  • Total Liabilities: $78,348
  • Net Assets: -$34,338

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MA PROGRAM

Revenue

$520,457

SOFTWARE SERVICE INCOM

Revenue

$223,170

CONFERENCES

Revenue

$56,850

SIGNUM STORE

Revenue

$25,420

Organization Details

Founding Year

2012

Principal Officer

Corey Olsen

Main Address

1 HARDY ROAD BOX 389, BEDFORD, NH, 03110

NTEE Category

Code: B40 - Education

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