Overview
What is Elon University?
Elon University, located in Elon, North Carolina, is a renowned institution with a mission to foster intellectual growth and encourage free thought and spiritual development. With a workforce of approximately 4430 employees, Elon University offers a liberal arts undergraduate curriculum and graduate programs. The university's focus extends beyond academics; it transforms students' minds, bodies, and spirits. The organization's primary objective is to provide education for undergraduate and graduate students, ensuring their holistic development.
Official website here: www.elon.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Elon University has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based solely on a comprehensive assessment of the university's financial practices, showcasing its commitment to transparency and responsible governance. With a significant focus on accountability, Elon University has demonstrated strong financial management and oversight.
One of the standout features of Elon University is its independent board, comprised of 97% independent members, which reflects a commitment to unbiased governance. The organization also scores exceptionally well in various criteria, such as having a well-defined conflict of interest and whistleblower policy, suggesting a robust ethical framework. Additionally, the university maintains an impressive program expense ratio of 85.12%, indicating that a substantial portion of its resources is directed towards fulfilling its educational mission.
However, while the data highlights numerous strengths, it is essential for potential donors and stakeholders to consider the context of higher education institutions. Challenges such as fluctuating enrollment numbers and funding pressures can impact long-term sustainability. Nonetheless, Elon University's strong financial metrics and governance practices position it as a responsible and effective organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Elon University legitimate?
Elon University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elon 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: $2,505,097
Professional Fundraising Fees: $29,000
Other Salaries and Wages: $133,669,940
For more financial information, click here
Official website here: www.elon.edu
What is the mission statement of Elon University?
Elon University's mission is centered on transforming students' minds, bodies, and spirits while encouraging intellectual freedom. The institution offers a liberal arts undergraduate curriculum and graduate programs to facilitate this transformation. Its primary focus is on providing education expenses that cater to the intellectual growth and development of its students.
Official website here: www.elon.edu
What is the revenue of Elon University?
Elon University's revenue in 2024 was $412,993,975.
Official website here: www.elon.edu
Who are the executives of Elon University and what are their salaries?
The average compensation at Elon University during 2024 was $28,376. There are 4799 employees and 2438 volunteers at Elon University.
Here are 52 key members and their salaries:
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Official website here: www.elon.edu
Where can I find the form 990 for Elon University?
Elon University's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.elon.edu
Learn more at the official website: www.elon.edu
Mission Statement of Elon University
Elon University, a renowned educational institution, is driven by a mission to transform students' minds, bodies, and spirits while encouraging the freedoms of thought and conscience. Established with a liberal arts undergraduate curriculum and graduate programs, the university aims to nurture well-rounded individuals.
Elon University's commitment to its students goes beyond academics. Its mission extends to the holistic development of its learners, focusing on their intellectual, physical, and spiritual growth. The institution provides an academic environment that fosters critical thinking, creativity, and intellectual curiosity, empowering students to become responsible and engaged citizens.
The university's liberal arts curriculum offers a diverse range of disciplines, allowing students to explore various fields of knowledge and discover their unique passions. The graduate programs provide opportunities for specialized study and professional development, preparing students for careers and advanced academic pursuits. In summary, Elon University's mission is to provide eligible students with a transformative educational experience that fosters personal growth and intellectual discovery.
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Impact
October, 2024
Elon University plays a significant role in fostering personal and intellectual growth among its students. By focusing on the transformation of mind, body, and spirit, the institution encourages a holistic educational experience that promotes freedom of thought and liberty of conscience.
The university's liberal arts undergraduate curriculum and diverse graduate programs equip students with critical thinking skills, creativity, and ethical reasoning, preparing them for a variety of careers and leadership roles. Elon transforms students into well-rounded individuals who are not only knowledgeable in their fields but also socially responsible citizens.
Located in Elon, North Carolina, the university contributes to the local community through various initiatives, partnerships, and service projects, further enhancing its impact on societal development. Through high-quality education and a commitment to developing leadership qualities, Elon University shapes future generations poised to address the challenges of an ever-evolving world.
This information is meant to be a general summary of Elon 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 2024.
- Investment Income: $1,763,519
- Program Service Revenue: $380,639,035
- Gross Receipts: $428,723,919
Assets and Liabilities:
- Total Assets: $1,076,200,947
- Total Liabilities: $272,957,752
- Net Assets: $803,243,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & Fees
Revenue
$318,823,428
Auxillary Services
Revenue
$57,746,845
Athletics
Revenue
$4,068,762
Organization Details
Founding Year
1889
Principal Officer
Allen E Gant Jr
Website
www.elon.eduNTEE Category
Code: B430 - Education
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