Overview
What is Virginia University Of Lynchburg?
Virginia University of Lynchburg is a nonprofit institution, specifically a Historically Black College and University (HBCU), situated in Lynchburg, Virginia. It offers undergraduate and graduate degrees in various majors. The university's primary mission is to provide a robust liberal arts and Christian education program to all its students. With a dedicated workforce of 104 employees, the institution is committed to delivering a solid educational experience that integrates academic and faith-based perspectives.
What are the reviews and ratings of this charity?
**: 1-Star out of Four Stars (Charity Navigator Rating 50%)**50%)**
Virginia University of Lynchburg has received a 50% score on Charity Navigator, which translates to a one-star rating largely due to its Accountability & Finance metrics. The organization scores well in areas like its Audit and Oversight Committee, with a perfect score, and the independence of its board members. However, significant issues arise from the absence of a website listed on the tax form, missing documents related to retention and destruction, and a relatively low program expense ratio, which raises concern about the allocation of resources.
While the strengths of the organization indicate some effective governance structures, the limitations suggest a lack of transparency and efficiency in its financial practices. The low accountability score, alongside the missing financial documents online, may hinder potential support from donors looking for clear and accessible financial information. These factors could be detrimental to trust and confidence in the university's financial management and operational practices.
As of now, user reviews from GreatNonprofits are not available, limiting insight into the community's sentiment regarding the university's impact and effectiveness. Prospective donors and stakeholders are encouraged to consider these ratings and explore additional resources to gather more context about the university's mission and function within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia University Of Lynchburg legitimate?
Virginia University Of Lynchburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia University Of Lynchburg 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: $162,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,215,889
For more financial information, click here
What is the mission statement of Virginia University Of Lynchburg?
Virginia University of Lynchburg is committed to providing a robust liberal arts and Christian education program for all its students. This mission is at the core of its activities, ensuring that it offers undergraduate and graduate degrees in various majors. By doing so, the institution aims to equip students with a solid educational foundation, incorporating Christian values into their learning journey. This holistic approach to education empowers students to develop critical thinking skills, foster spiritual growth, and prepare for their future careers.
Who is the CEO of Virginia University Of Lynchburg?
Kathy Franklin is the Principal Officer of Virginia University Of Lynchburg.
What is the revenue of Virginia University Of Lynchburg?
Virginia University Of Lynchburg's revenue in 2022 was $11,059,992.
Who are the executives of Virginia University Of Lynchburg and what are their salaries?
The average compensation at Virginia University Of Lynchburg during 2022 was $22,867. There are 104 employees and 25 volunteers at Virginia University Of Lynchburg.
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Where can I find the form 990 for Virginia University Of Lynchburg?
Virginia University Of Lynchburg's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Virginia University Of Lynchburg
Virginia University of Lynchburg is committed to providing a robust liberal arts and Christian education program to all its students. This institution serves as a hub for undergraduate and graduate studies, offering various majors. Its mission is to equip students with a solid foundation in liberal arts and Christian principles, fostering well-rounded individuals who can contribute positively to society. By integrating academic rigor with spiritual growth, Virginia University of Lynchburg aims to develop individuals who are intellectually competent, morally responsible, and socially aware.
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Impact
July, 2024
Virginia University of Lynchburg's impact lies in providing a solid liberal arts and Christian education program to all students. As an HBCU liberal arts university in Lynchburg, VA, it offers undergraduate and graduate degrees in various majors, aiming to empower individuals through education. By focusing on academic excellence and spiritual development, the university plays a crucial role in shaping the future leaders of tomorrow across diverse fields. Through its commitment to education, Virginia University of Lynchburg contributes significantly to the intellectual and personal growth of its students, fostering a culture of learning and service within its community.
This information is meant to be a general summary of Virginia University Of Lynchburg. 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: $782,687
- Program Service Revenue: $7,366,410
- Gross Receipts: $11,059,992
Assets and Liabilities:
- Total Assets: $15,314,306
- Total Liabilities: $2,126,662
- Net Assets: $13,187,644
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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
$6,629,190
AUXILIARY REVENUE
Revenue
$737,220
Organization Details
Founding Year
1886
Phone
(434) 528-5876Principal Officer
Kathy Franklin
Main Address
2058 GARFIELD AVE, LYNCHBURG, VA, 24501
NTEE Category
Code: B42 - Education
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