Overview
What is Washington College?
Washington College is a distinguished institute of higher education based in Chestertown, Maryland, with the address 300 Washington Avenue, 21620. The college is dedicated to fostering analytic thinking, aesthetic insight, imagination, ethical sensitivity, and clarity of expression in its students, enabling them to graduate within four years. With a wide range of majors and academic programs, Washington College empowers students to design their course of study based on their intellectual interests and career aspirations. Additionally, it offers professional preparation tracks in premedical studies, pre-law, and dual degree programs in engineering, nursing, and pharmacy. This nonprofit institution, with a staff of 1,095, is committed to challenging and inspiring emerging citizen leaders to discover lives of purpose and passion. Its core values, based on George Washington's principles, include integrity, determination, curiosity, civility, leadership, and moral courage.
Official website here: www.washcoll.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
Washington College has achieved an impressive 96% score from Charity Navigator, signifying a strong commitment to accountability and financial health. The rating reflects the organization’s robust governance, highlighted by a board composed of 96% independent members and a comprehensive audit and oversight committee. Such strong oversight mechanisms contribute to the organization's fiscal responsibility and transparency.
The financial metrics illustrate a healthy operational model, with a low liabilities-to-assets ratio of 17.47% and a program expense ratio of 84.24%. This indicates that a significant portion of their resources is dedicated to their programs rather than administrative costs, which is a positive sign for donors looking to support effective initiatives.
While the organization excels in financial management and governance, individual program effectiveness and impact metrics are not covered in the rating. This could be a consideration for potential donors looking to understand the direct outcomes of Washington College's programs. Overall, the high ratings reflect a well-managed organization attentive to accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Washington College legitimate?
Washington College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington 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: $1,013,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,610,671
For more financial information, click here
Official website here: www.washcoll.edu
What is the mission statement of Washington College?
Washington College inspires and challenges emerging citizen leaders to discover lives filled with purpose and passion. This institution is built on the core values of integrity, determination, curiosity, civility, leadership, and moral courage, which are also shared by its founding patron, George Washington. The college provides academic rigor and opportunities for self-discovery in a supportive residential community of well-qualified, diverse, and motivated individuals. In this environment, students develop analytic thinking skills, clear communication abilities, aesthetic insights, ethical sensitivity, and civic responsibility.
Official website here: www.washcoll.edu
Who is the CEO of Washington College?
Dr Michael J Sosulski is the Principal Officer of Washington College.
Official website here: www.washcoll.edu
What is the revenue of Washington College?
Washington College's revenue in 2022 was $131,582,653.
Official website here: www.washcoll.edu
Who are the executives of Washington College and what are their salaries?
The average compensation at Washington College during 2022 was $21,575. There are 1095 employees at Washington College.
Here are 46 key members and their salaries:
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Official website here: www.washcoll.edu
Where can I find the form 990 for Washington College?
Washington College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.washcoll.edu
Learn more at the official website: www.washcoll.edu
Mission Statement of Washington College
Washington College, a respected institution, inspires and challenges emerging citizen leaders to uncover meaningful lives filled with purpose and passion. Adhering to the core values instilled by its founding patron, George Washington, the college prioritizes integrity, determination, curiosity, civility, leadership, and moral courage.
In this supportive, residential community of well-qualified, diverse, and motivated individuals, Washington College fosters academic rigor and self-discovery. Students develop critical thinking skills, refining their ability to analyze complex issues and communicate ideas clearly. The college also nurtures aesthetic insight, ethical sensitivity, and civic responsibility, essential traits for engaged citizens.
Washington College's mission extends beyond academics. Its commitment to fostering a community of emerging leaders is reflected in the development of habits that foster success in all areas of life. By encouraging students to explore new ideas and perspectives, the college prepares them for a world that demands adaptability and creativity. In this way, Washington College empowers its students to lead lives of purpose and passion, making a positive impact on their communities and the world.
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Impact
October, 2024
Washington College significantly shapes future leaders by challenging and inspiring students to lead lives of purpose and passion. The institution excels as a higher education establishment, promoting critical skills such as analytic thought, ethical sensitivity, and clarity of expression. It succeeds in graduating students within a four-year timeframe, effectively preparing them for further education or productive careers.
With a diverse array of majors and academic programs, students can tailor their studies to fit their intellectual interests and career goals. Unique concentrations are available, including Behavioral Neuroscience, Clinical Psychology, and East Asian Studies. Additionally, Washington College offers professional preparation tracks in premedical studies and pre-law, along with dual degree programs in fields such as engineering, nursing, and pharmacy.
The college fosters a vibrant, supportive residential community characterized by well-qualified and diverse individuals. Its core values—integrity, determination, curiosity, civility, leadership, and moral courage—reflect the institution's commitment to cultivating not just educated individuals, but ethical and responsible citizens equipped to make meaningful contributions to society.
This information is meant to be a general summary of Washington 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: $46,847,634
- Program Service Revenue: $61,304,647
- Gross Receipts: $227,981,498
Assets and Liabilities:
- Total Assets: $475,865,680
- Total Liabilities: $72,038,274
- Net Assets: $403,827,406
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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
$48,347,719
AUXILIARY ENTERPRISES
Revenue
$12,956,928
Organization Details
Founding Year
1782
Phone
(410) 778-7204Principal Officer
Dr Michael J Sosulski
Main Address
300 WASHINGTON AVENUE, CHESTERTOWN, MD, 216201197
Website
www.washcoll.eduNTEE Category
Code: B420 - Education
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