Overview
What is Big Ten Academic Alliance?
The Big Ten Academic Alliance is a collaboration of 14 esteemed research universities, some of which are members of the Big Ten Conference and the University of Chicago. This academic consortium, based in Champaign, Illinois, aims to advance the academic missions of its members by generating unique opportunities for students and faculty. They serve the common good by sharing expertise, pooling campus resources, and fostering innovative programming. With a team of approximately 23 employees, they work together to create a vibrant and dynamic academic community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Big Ten Academic Alliance has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a 94% score, the organization demonstrates effective management and transparency, underscoring its commitment to serving its mission effectively. The presence of a fully independent board of 14 members further enhances its governance structure.
The organization excels in key financial metrics, achieving full points in areas such as audit oversight and the absence of material asset diversion. Its program expense ratio of 88.96% suggests that a significant portion of its resources is directed toward its programs rather than administrative costs. This efficiency is a positive indicator of the charity's operational effectiveness.
While the data reflects strong organizational practices, ongoing evaluation of its program outcomes could provide additional insights into its long-term impact. However, the current financial practices and governance structure position the Big Ten Academic Alliance as a reliable nonprofit dedicated to its academic mission.
This AI summary has been generated from information found on Charity Navigator.
Is Big Ten Academic Alliance legitimate?
Big Ten Academic Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Ten Academic Alliance 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: $365,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,793,828
For more financial information, click here
What is the mission statement of Big Ten Academic Alliance?
The Big Ten Academic Alliance is a collaborative consortium of 14 top-tier research universities, some of which are members of the Big Ten Conference and the University of Chicago. Their shared mission is to advance the academic objectives of its member institutions, generate distinctive opportunities for students and faculty, and contribute to the greater good by sharing expertise, leveraging campus resources, and fostering innovative programming. The alliance facilitates collaboration among its members to promote academic excellence and address common challenges through knowledge exchange, resource pooling, and creative initiatives.
What is the revenue of Big Ten Academic Alliance?
Big Ten Academic Alliance's revenue in 2024 was $12,568,616.
Who are the executives of Big Ten Academic Alliance and what are their salaries?
The average compensation at Big Ten Academic Alliance during 2024 was $89,954. There are 24 employees at Big Ten Academic Alliance.
Here are 19 key members and their salaries:
- Compensation: $0
- Related: $226,595
- Other: $0
- Compensation: $0
- Related: $265,909
- Other: $0
- Compensation: $0
- Related: $534,867
- Other: $78,839
- Compensation: $0
- Related: $535,287
- Other: $65,672
- Compensation: $0
- Related: $580,790
- Other: $6,551
- Compensation: $0
- Related: $789,367
- Other: $61,926
- Compensation: $0
- Related: $515,805
- Other: $205,149
- Compensation: $0
- Related: $532,097
- Other: $33,840
- Compensation: $0
- Related: $418,999
- Other: $0
- Compensation: $0
- Related: $1,028,669
- Other: $33,000
- Compensation: $0
- Related: $434,329
- Other: $52,926
- Compensation: $0
- Related: $804,567
- Other: $127,578
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $641,087
- Other: $61,195
- Compensation: $0
- Related: $470,058
- Other: $59,055
- Compensation: $0
- Related: $669,874
- Other: $41,513
- Compensation: $0
- Related: $276,906
- Other: $7,785
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $246,522
- Related: $0
- Other: $36,511
Where can I find the form 990 for Big Ten Academic Alliance?
Big Ten Academic Alliance's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Big Ten Academic Alliance
The Big Ten Academic Alliance, a consortium of 14 esteemed research universities, collaborates to enhance their academic missions and create distinctive opportunities for students and faculty. Comprising members from the Big Ten Conference and the University of Chicago, this organization works towards serving the common good by pooling expertise, leveraging resources, and fostering innovative programming.
These top-tier institutions come together to advance their individual research endeavors, generating unique learning experiences for their students and faculty. By pooling their collective knowledge and resources, they aim to push the boundaries of academic discovery and contribute to the betterment of society as a whole. The Big Ten Academic Alliance provides a platform for inter-university collaboration, enabling the sharing of ideas and best practices within the academic community.
In conjunction with their academic pursuits, the member universities also seek to generate exclusive opportunities for their students and faculty. Through the Alliance, they can engage in cross-institutional projects and initiatives, broadening their horizons and fostering a sense of collaboration and cooperation. Furthermore, the Big Ten Academic Alliance's creative and innovative programming empowers students and faculty to explore new fields of study and research, leading to groundbreaking discoveries and advancements.
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Impact
October, 2024
The Big Ten Academic Alliance has significantly impacted higher education by fostering collaboration among 14 prestigious research universities. By uniting institutions within the Big Ten Conference and including the University of Chicago, it generates unique opportunities for students and faculty across a range of academic fields.
This consortium enhances access to shared resources, expertise, and innovative programming, enabling members to further their academic missions effectively. Through initiatives like shared libraries, collaborative research projects, and joint academic programs, it not only strengthens the quality of education but also encourages the exchange of ideas and best practices among leading scholars and educators.
Furthermore, the Alliance plays a vital role in serving the common good by addressing societal challenges through academic collaboration. It cultivates an environment where institutions can leverage their collective strengths to find solutions to pressing issues, thus positively influencing both local and global communities. Overall, its impact extends beyond the member institutions, enriching the educational landscape and contributing to the advancement of knowledge and societal well-being.
This information is meant to be a general summary of Big Ten Academic Alliance. 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 2024.
- Program Service Revenue: $12,357,251
- Gross Receipts: $12,568,616
Assets and Liabilities:
- Total Assets: $15,588,606
- Total Liabilities: $6,433,216
- Net Assets: $9,155,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$6,856,977
MEMBER DUES
Revenue
$4,664,260
ASSESSMENT REVENUE
Revenue
$836,014
Organization Details
Founding Year
2013
Principal Officer
Keith Marshall
NTEE Category
Code: B12 - Education
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