Overview
What is Newberry College?
Newberry College is a nonprofit institution based in Newberry, South Carolina, with an address at 2100 College Street, ZIP code 29108. The college is dedicated to delivering personalized education and a tight-knit community, blending a strong liberal arts foundation with specialized professional programs. With a mission rooted in the Lutheran tradition, Newberry College strives to foster intellectual, social, physical, and spiritual growth for approximately 1,000 students, preparing them for impactful futures through lifelong learning and engaged citizenship in the global society. The college employs 525 individuals to facilitate its operations.
Official website here: www.newberry.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star Rating
Newberry College has achieved a notable Four-Star rating from Charity Navigator, reflecting an impressive overall score based entirely on its Accountability & Finance metric. This rating indicates a strong commitment to transparency and effective financial management, which is crucial for donor trust and organizational integrity.
The nonprofit has demonstrated outstanding accountability practices, including having a fully independent board and a comprehensive set of policies for audits, conflicts of interest, and whistleblowing. With no material diversion of assets reported and a high program expense ratio, the organization shows that it is dedicated to using its resources effectively to further its mission.
One area of note is the liabilities to assets ratio, which stands at 54.39%, suggesting that while the college maintains a solid financial position, there is room for improvement in managing its liabilities. Overall, Newberry College's strong financial practices and governance reflect positively on its operations and commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Newberry College legitimate?
Newberry College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newberry 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: $581,349
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,143,911
For more financial information, click here
Official website here: www.newberry.edu
What is the mission statement of Newberry College?
Newberry College inspires and cultivates students for a lifetime of service and leadership. It achieves this through intellectual transformation, social development, promoting physical well-being, and spiritual growth. By providing a Christian education in the Lutheran tradition, Newberry College fosters an academic community that supports students in their pursuit of personal development, meaningful careers, and active citizenship within the global society. With a focus on personal attention and challenging academic programs, the college prepares its students for successful futures.
Official website here: www.newberry.edu
What is the revenue of Newberry College?
Newberry College's revenue in 2023 was $62,705,043.
Official website here: www.newberry.edu
Who are the executives of Newberry College and what are their salaries?
The average compensation at Newberry College during 2023 was $24,250. There are 566 employees and 31 volunteers at Newberry College.
Here are 33 key members and their salaries:
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- Other: $3,289
Official website here: www.newberry.edu
Where can I find the form 990 for Newberry College?
Newberry College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.newberry.edu
Learn more at the official website: www.newberry.edu
Mission Statement of Newberry College
Newberry College, a renowned educational institution, is dedicated to fostering the growth and development of around a thousand students. The organization's mission is multifaceted, focusing on intellectual transformation, social development, physical well-being, and spiritual growth. Newberry College upholds a Christian education in the Lutheran tradition, encouraging students to embark on a journey of continuous learning and personal development.
Through its supportive academic community, Newberry College nurtures students towards lives of service and leadership. The institution's commitment to personal attention, challenging academic programs, and a close-knit environment sets the stage for students to flourish. Newberry College's strong foundation in liberal arts is complemented by specialized professional degree programs, ensuring students are well-prepared for successful futures and engaged citizenship in the global society.
At Newberry College, students are challenged to expand their knowledge and embrace new perspectives. They are provided with the tools and resources necessary to cultivate their abilities and explore their potential. The organization's values of intellectual transformation, social development, physical well-being, and spiritual growth are integrated into every aspect of the educational experience. As students progress through their academic journey at Newberry College, they are encouraged to embody these values and apply them to their personal and professional lives, ultimately becoming well-rounded individuals ready to make a positive impact on the world.
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Impact
October, 2024
Newberry College significantly impacts its students and the broader community by providing a personalized and challenging undergraduate education for approximately 1,000 students. The college fosters a close-knit environment that emphasizes personal attention and intellectual growth, ensuring each student feels welcomed and supported.
Through a robust liberal arts foundation and specialized professional degree programs, Newberry College prepares students for successful futures in various fields. The curriculum is designed to not only equip students with the necessary skills for their chosen vocations but also to encourage lifelong learning and personal development.
In line with its mission, Newberry College promotes leadership and service by nurturing students in a Christian context rooted in the Lutheran tradition. This holistic approach to education emphasizes intellectual transformation, social development, physical well-being, and spiritual growth, ultimately shaping engaged citizens capable of making meaningful contributions to society.
Overall, Newberry College plays a vital role in developing well-rounded individuals who are prepared to embrace the challenges of a global society while fostering a culture of service and leadership.
This information is meant to be a general summary of Newberry 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 2023.
- Investment Income: $476,576
- Program Service Revenue: $49,592,424
- Gross Receipts: $61,861,807
Assets and Liabilities:
- Total Assets: $71,038,341
- Total Liabilities: $37,165,775
- Net Assets: $33,872,566
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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
$36,361,390
Other Program Income
Revenue
$203,700
Auxiliary Enterprises
Revenue
$13,027,334
Organization Details
Founding Year
1856
Principal Officer
Maurice Scherrens
Website
www.newberry.eduNTEE Category
Code: B420 - Education
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