Overview
What is Virginia Wesleyan University?
Virginia Wesleyan University is a fully accredited liberal arts institution, rooted in the United Methodist faith and established in 1961. Committed to fostering intellectual growth, they cater to students of diverse backgrounds, encouraging them to excel in a comprehensive education. The university's mission lies in preparing students for the intricacies of life and career in a dynamic and evolving world.
Official website here: www.vwc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Virginia Wesleyan University has achieved a remarkable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The university's overall score is based entirely on its performance in the Accountability & Finance category, where it scored an impressive 96%. This rating indicates that the institution operates with a strong commitment to responsible financial management and transparency.
The university demonstrates significant strengths in governance, with a fully independent board comprising 31 members, ensuring unbiased decision-making. Furthermore, it has established comprehensive policies, including a conflict of interest policy and a whistleblower policy, which contribute to its ethical standards. The institution's effective oversight is evidenced by its solid financial statements and the absence of any material diversion of assets.
On the financial side, Virginia Wesleyan University maintains a healthy balance, with a low liabilities-to-assets ratio of 15.68% and a program expense ratio of 76.79%. These figures suggest a focus on directing a substantial portion of its resources toward fulfilling its mission. Overall, the university's strong accountability and financial practices position it well as a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Wesleyan University legitimate?
Virginia Wesleyan University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Wesleyan 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: $1,133,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,958,922
For more financial information, click here
Official website here: www.vwc.edu
What is the mission statement of Virginia Wesleyan University?
Virginia Wesleyan University aims to provide students of various ages, religions, and backgrounds with a challenging liberal arts education. This education is designed to equip students with the necessary skills to tackle the intricacies of life and career in a world that is constantly evolving and complex. The university's mission is centered around engaging students in rigorous academic pursuits, preparing them to face the demands of the modern world.
Official website here: www.vwc.edu
Who is the CEO of Virginia Wesleyan University?
Mary Ryberg is the Chair of Virginia Wesleyan University.
Official website here: www.vwc.edu
What is the revenue of Virginia Wesleyan University?
Virginia Wesleyan University's revenue in 2022 was $75,316,458.
Official website here: www.vwc.edu
Who are the executives of Virginia Wesleyan University and what are their salaries?
The average compensation at Virginia Wesleyan University during 2022 was $25,383. There are 634 employees and 16 volunteers at Virginia Wesleyan University.
Here are 44 key members and their salaries:
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Official website here: www.vwc.edu
Where can I find the form 990 for Virginia Wesleyan University?
Virginia Wesleyan University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vwc.edu
Learn more at the official website: www.vwc.edu
Mission Statement of Virginia Wesleyan University
Virginia Wesleyan University, a fully accredited liberal arts institution founded in 1961, is dedicated to providing a rigorous education that prepares students of various ages, religions, and backgrounds for the complexities of life and their careers in a rapidly changing world. The university's mission is threefold: to engage, to prepare, and to inspire.
Through its rigorous liberal arts curriculum, Virginia Wesleyan University engages students with diverse perspectives and ideas. The academic program offers a solid foundation in the liberal arts, enabling students to develop critical thinking skills and a deep understanding of various disciplines. By fostering intellectual curiosity and academic excellence, the university prepares students for lifelong learning and success.
Moreover, Virginia Wesleyan University's mission extends beyond the classroom. The institution is committed to providing students with the resources and support they need to flourish. This includes opportunities for research, internships, study abroad programs, and service learning projects, which enable students to gain practical experience and apply their knowledge to real-world situations.
In summary, Virginia Wesleyan University's mission is to provide a transformative education that engages students, prepares them for the challenges of the world, and inspires them to reach their full potential. Through its rigorous academic program, diverse student body, and commitment to personal growth, the university is preparing the next generation of leaders, thinkers, and innovators.
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Impact
October, 2024
Virginia Wesleyan University has a significant impact by providing a robust liberal arts education that empowers students from diverse backgrounds to navigate the complexities of life and career. Founded in 1961 and located in Virginia Beach, Virginia, the university is dedicated to fostering an inclusive community where individuals of varying ages and religions can thrive academically and personally. Its rigorous curriculum prepares graduates to face contemporary challenges, ensuring they are well-equipped to contribute meaningfully to society. Through its commitment to education, Virginia Wesleyan is shaping the leaders and thinkers of tomorrow.
This information is meant to be a general summary of Virginia Wesleyan 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,858,604
- Program Service Revenue: $51,372,334
- Gross Receipts: $75,345,543
Assets and Liabilities:
- Total Assets: $215,366,636
- Total Liabilities: $38,843,832
- Net Assets: $176,522,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT FEES
Revenue
$41,563,040
ROOM & BOARD
Revenue
$9,616,987
BOOKSTORE
Revenue
$192,307
Organization Details
Founding Year
1961
Phone
(757) 455-3317Principal Officer
Mary Ryberg
Main Address
5817 WESLEYAN DRIVE, VIRGINIA BEACH, VA, 23455
Website
www.vwc.eduNTEE Category
Code: B42 - Education
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