Overview
What is Bethany College?
Bethany College is a nonprofit institution located at 31 E Campus Drive, Bethany, WV 26032, with a workforce of 453 employees. Their primary focus is on delivering education and instruction to students seeking a college education or degree. Financial assistance is also provided to students based either on their need or academic merit. The mission of Bethany College revolves around teaching and learning, with a strong emphasis on providing a liberal arts education and preparing professionals. This mission is carried out in an environment that encourages study, work, and service.
Official website here: www.bethanywv.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star Rating)
Bethany College has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 89%, the organization demonstrates a commitment to transparency, having achieved high marks in several key areas such as having a fully independent board and robust financial oversight mechanisms.
The college excels in its governance structure, boasting 96% of board members being independent, which enhances its decision-making processes. Additionally, it has a noteworthy program expense ratio of 85.48%, showing that a significant portion of its resources is allocated to its programs rather than administrative costs. This reflects positively on its mission-driven approach.
However, a notable area for improvement is the liabilities to assets ratio, which stands at 59.85%. While this is not uncommon for educational institutions, it suggests a potential concern regarding financial sustainability. Overall, Bethany College shows considerable strengths in governance and program funding, but it may benefit from addressing its financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Bethany College legitimate?
Bethany College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethany 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: $737,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,013,474
For more financial information, click here
Official website here: www.bethanywv.edu
What is the mission statement of Bethany College?
Bethany College is dedicated to the pursuit of teaching and learning as the foundation of its mission. At the heart of this commitment is the provision of a liberal arts education for students, encompassing both professional preparation and personal growth. The college offers instruction to full and part-time students seeking higher education and degrees. Additionally, Bethany College extends financial assistance to students in need or based on academic merit through scholarships and fellowships.
Official website here: www.bethanywv.edu
What is the revenue of Bethany College?
Bethany College's revenue in 2024 was $45,628,545.
Official website here: www.bethanywv.edu
Who are the executives of Bethany College and what are their salaries?
The average compensation at Bethany College during 2024 was $15,406. There are 568 employees and 2 volunteers at Bethany College.
Here are 33 key members and their salaries:
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- Other: $47,363
Official website here: www.bethanywv.edu
Where can I find the form 990 for Bethany College?
Bethany College's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bethanywv.edu
Learn more at the official website: www.bethanywv.edu
Mission Statement of Bethany College
Bethany College is dedicated to delivering a top-notch liberal arts education that goes beyond just teaching academic knowledge. Central to their mission is the preparation of professionals in an environment that fosters learning, work, and service. The institution takes pride in offering instruction to both full and part-time students, helping them gain the skills and knowledge needed for higher education and careers. Scholarships and fellowships are also a significant part of Bethany College's mission, with the organization providing financial assistance to students based on their financial need or academic merit. By doing so, Bethany College broadens its reach and ensures that a diverse student body can access quality education. This commitment to teaching and learning, rooted in a strong liberal arts foundation, empowers Bethany College students to excel in their chosen fields and contribute to their communities.
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Impact
October, 2024
Bethany College plays a significant role in shaping the educational landscape by offering a comprehensive liberal arts education tailored to the needs of its students. The college focuses on teaching and learning, providing an environment where both full-time and part-time students can thrive academically and personally.
Through its robust instructional programs, Bethany College helps students pursue college degrees and develops the next generation of professionals equipped with critical thinking skills and a broad knowledge base. The institution also places a strong emphasis on accessibility, offering scholarships and fellowships to students based on financial need or academic merit, ensuring that a diverse range of students can benefit from higher education.
Located in Bethany, West Virginia, the college fosters an atmosphere of study, work, and service, encouraging students to engage with their community and prepare for meaningful careers. By nurturing a commitment to education and personal growth, Bethany College significantly impacts its students and the wider community, promoting lifelong learning and civic responsibility.
This information is meant to be a general summary of Bethany 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 2024.
- Investment Income: $821,350
- Program Service Revenue: $30,413,892
- Gross Receipts: $60,790,483
Assets and Liabilities:
- Total Assets: $103,894,837
- Total Liabilities: $50,182,199
- Net Assets: $53,712,638
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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
$20,896,396
AUXILIARY ENTERPRISES
Revenue
$7,829,889
OTHER PROGRAM SERVICES
Revenue
$1,687,607
Organization Details
Founding Year
1840
Principal Officer
Dr Jamie Caridi
Website
www.bethanywv.eduNTEE Category
Code: B420 - Education
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