Overview
What is Midway University Inc Fka Midway College?
Midway University Inc, formerly known as Midway College, is a respected higher education institution based in Midway, Kentucky. Established in 1847 as the Kentucky Female Orphan School, the university has grown to offer a liberal arts foundation and career-focused preparation through undergraduate majors. In addition, the university caters to adults with coeducational accelerated undergraduate and graduate programs in the evenings at the main campus and online. Midway University aims to foster individual growth, responsible citizenship, and meaningful careers through personalized educational experiences. The accredited institution provides degrees ranging from associate to master's degrees, with a current workforce of 485 employees.
Official website here: www.midway.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
Midway University Inc, previously known as Midway College, has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 92% in the Accountability & Finance category, demonstrating that it effectively manages its resources and maintains transparency in its operations. This rating is particularly noteworthy as it reflects a strong commitment to ethical standards and governance.
The organization has several strengths, including a fully independent board comprising 23 members, which enhances its credibility and decision-making processes. Additionally, it has a solid financial structure with a low liabilities-to-assets ratio of 35%, and a high program expense ratio of 86.16%, showing that a significant portion of its budget is directed towards its programs and services. This reinforces its operational efficiency and mission-driven focus.
However, one area of concern is the lack of a whistleblower policy, which may raise questions about internal safeguards for reporting unethical behavior. While this limitation does not significantly impact the overall score, addressing it could further strengthen the nonprofit's governance and stakeholder trust. Overall, Midway University Inc displays a robust financial and operational standing, making it a reputable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Midway University Inc Fka Midway College?
90% of 18 reviewers on Facebook recommend Midway University Inc. Here is a summary of their reviews: Many individuals appreciate the quality of education offered at the university, describing it as excellent. The positive sentiment highlights the faculty's dedication and the supportive learning environment provided to students.
Overall, the consensus among users is that Midway University excels in delivering on its promise of providing a solid educational foundation. Alumni and current students alike express satisfaction with their experiences, often emphasizing the university's commitment to student success.
This AI summary has been generated from reviews found on Facebook.
Is Midway University Inc Fka Midway College legitimate?
Midway University Inc Fka Midway College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midway University Inc Fka Midway 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: $1,237,470
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,628,303
For more financial information, click here
Official website here: www.midway.edu
What is the mission statement of Midway University Inc Fka Midway College?
Midway University, previously known as Midway College, is dedicated to fostering individual growth and responsible citizenship among its students through personalized educational experiences. Established in 1847, this institution of higher education offers various programs leading to Associate, Baccalaureate, and Master's degrees. Emphasizing both a liberal arts foundation and career-focused preparation, the university caters to undergraduate students, as well as adult learners through accelerated programs in the evenings and online. All programs are designed to equip students with the skills necessary for rewarding careers and responsible citizenship.
Official website here: www.midway.edu
Who is the CEO of Midway University Inc Fka Midway College?
Dr John P Marsden is the Chair of Midway University Inc Fka Midway College.
Official website here: www.midway.edu
What is the revenue of Midway University Inc Fka Midway College?
Midway University Inc Fka Midway College's revenue in 2022 was $32,615,868.
Official website here: www.midway.edu
Who are the executives of Midway University Inc Fka Midway College and what are their salaries?
The average compensation at Midway University Inc Fka Midway College during 2022 was $18,280. There are 485 employees and 34 volunteers at Midway University Inc Fka Midway College.
Here are 31 key members and their salaries:
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Official website here: www.midway.edu
Where can I find the form 990 for Midway University Inc Fka Midway College?
Midway University Inc Fka Midway College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midway.edu
Learn more at the official website: www.midway.edu
Mission Statement of Midway University Inc Fka Midway College
Midway University Inc, formerly known as Midway College, is a respected institution of higher education that inspires and motivates students to achieve personal growth, responsible citizenship, and meaningful careers. Established in 1847, this accredited university offers a rich educational experience by combining a liberal arts foundation with career-focused preparation.
Midway University's mission is to foster individual development in its students, enabling them to become well-rounded individuals and responsible citizens. Through its comprehensive curriculum, the university provides a solid foundation in the liberal arts while preparing students for rewarding careers. The institution offers various degrees at the associate, baccalaureate, and master's levels. These programs are designed to help students reach their goals and make significant contributions to their communities.
Midway University's undergraduate programs are grounded in the liberal arts, offering students a broad-based education that covers various disciplines. Simultaneously, the university provides career-focused preparation by offering majors that align with in-demand industries. In addition to traditional programs, Midway University also caters to adult learners, offering accelerated coeducational adult undergraduate and graduate programs in the evenings at the main campus and online. This flexibility allows students to balance their education with work and family commitments.
In summary, Midway University Inc is a forward-thinking institution that empowers students to reach their full potential. By combining a solid liberal arts foundation with career-focused preparation, the university prepares its graduates for successful and responsible lives. Its commitment to individual growth and development sets it apart as a leader in higher education.
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Impact
October, 2024
Midway University Inc, formerly known as Midway College, has a significant impact by fostering individual growth, responsible citizenship, and meaningful careers among its students. The institution engages students through a personalized educational experience that combines a solid liberal arts foundation with career-focused preparation across various undergraduate majors.
Located in Midway, Kentucky, Midway University caters to a diverse population, offering both traditional and accelerated programs in the evenings and online. This flexibility allows adult learners and non-traditional students to pursue their educational goals while balancing other responsibilities. The range of degrees offered, which includes associate, baccalaureate, and master's programs, prepares students for rewarding careers and instills a sense of civic responsibility.
Through its commitment to education since its founding in 1847, Midway University continues to play an essential role in the local community and beyond, contributing to the personal and professional development of its graduates and enhancing the overall educational landscape.
This information is meant to be a general summary of Midway University Inc Fka Midway 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 2022.
- Investment Income: $1,601,551
- Program Service Revenue: $26,920,355
- Gross Receipts: $33,226,555
Assets and Liabilities:
- Total Assets: $66,224,424
- Total Liabilities: $23,167,266
- Net Assets: $43,057,158
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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
$23,774,283
AUXILIARY
Revenue
$3,069,803
CAFETERIA SALES
Revenue
$76,269
Organization Details
Founding Year
1865
Phone
(859) 846-5308Principal Officer
Dr John P Marsden
Main Address
512 EAST STEPHENS STREET, MIDWAY, KY, 40347
Website
www.midway.eduNTEE Category
Code: B41Z - Education
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