Overview
What is Kentucky Wesleyan College?
Kentucky Wesleyan College is a nonprofit educational institution, affiliated with the United Methodist Church, located at 3000 Frederica Street in Owensboro, Kentucky (42301). With a workforce of 494 employees, the college is dedicated to providing quality liberal arts education and opportunities for personal growth and leadership development. Their mission is to foster intellectual, spiritual, and physical growth in students, preparing them for achievements in life. The college offers a liberal arts education that stimulates, nourishes, and prepares future leaders for success.
Official website here: www.kwc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Kentucky Wesleyan College has achieved a strong rating of 92%, reflecting its commitment to transparency and effective financial management. The score is based entirely on Accountability & Finance, indicating that the organization excels in these areas, which is critical for building trust with donors and stakeholders. A Four-Star rating from Charity Navigator signifies a high level of operational excellence and sound financial practices.
The college boasts a fully independent board, which is a positive indicator of governance and oversight. It has received perfect scores in several key areas, including material diversion of assets, financial statement oversight, and the existence of essential policies such as conflict of interest and whistleblower protections. These factors contribute to a robust framework for accountability, ensuring that funds are utilized effectively for their intended purposes.
However, while the financial ratios reflect strong performance—such as a program expense ratio of 84.23%—the overall assessment is limited to fiscal management and does not address other potential areas like program impact or community engagement. Overall, Kentucky Wesleyan College demonstrates solid financial integrity, though prospective donors may want to consider additional factors beyond the financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Wesleyan College legitimate?
Kentucky Wesleyan College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Wesleyan 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: $1,030,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,869,276
For more financial information, click here
Official website here: www.kwc.edu
What is the mission statement of Kentucky Wesleyan College?
Kentucky Wesleyan College is dedicated to nourishing, stimulating, and preparing future leaders through a liberal arts education. This institution, in partnership with the United Methodist Church, offers quality instruction and related activities that foster intellectual, spiritual, and physical growth. The mission of Kentucky Wesleyan College is to provide students with a well-rounded education that prepares them for success in life. Through its liberal arts curriculum, the college aims to stimulate critical thinking and creativity, broaden perspectives, and promote personal growth. The college also offers opportunities for leadership development, allowing students to gain essential skills and experiences.
Official website here: www.kwc.edu
Who is the CEO of Kentucky Wesleyan College?
Dan Frazier is the President of Kentucky Wesleyan College.
Official website here: www.kwc.edu
What is the revenue of Kentucky Wesleyan College?
Kentucky Wesleyan College's revenue in 2022 was $34,478,846.
Official website here: www.kwc.edu
Who are the executives of Kentucky Wesleyan College and what are their salaries?
The average compensation at Kentucky Wesleyan College during 2022 was $15,992. There are 494 employees and 30 volunteers at Kentucky Wesleyan College.
Here are 32 key members and their salaries:
- Compensation: $228,582
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- Other: $22,979
- Compensation: $136,440
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- Other: $19,254
- Compensation: $103,794
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- Other: $25,347
- Compensation: $94,913
- Related: $0
- Other: $17,343
- Compensation: $93,394
- Related: $0
- Other: $4,325
- Compensation: $84,927
- Related: $0
- Other: $9,499
- Compensation: $84,927
- Related: $0
- Other: $9,499
- Compensation: $82,084
- Related: $0
- Other: $5,684
- Compensation: $76,461
- Related: $0
- Other: $8,748
- Compensation: $37,458
- Related: $0
- Other: $6,351
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Official website here: www.kwc.edu
Where can I find the form 990 for Kentucky Wesleyan College?
Kentucky Wesleyan College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kwc.edu
Learn more at the official website: www.kwc.edu
Mission Statement of Kentucky Wesleyan College
Kentucky Wesleyan College, in collaboration with the United Methodist Church, is dedicated to providing students with a top-notch liberal arts education that nourishes, stimulates, and prepares them not only intellectually but also spiritually and physically. The institution is committed to fostering future leaders who can successfully navigate through life. Kentucky Wesleyan College offers a quality education, enriching students with knowledge and opportunities for personal growth and leadership development.
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Impact
October, 2024
Kentucky Wesleyan College plays a pivotal role in shaping the intellectual, spiritual, and physical development of future leaders. By fostering a liberal arts education, the college nourishes and stimulates students, preparing them not only for academic success but also for personal growth and leadership in various aspects of life. In partnership with the United Methodist Church, the college emphasizes the holistic development of its students, encouraging them to excel academically while also nurturing their individual values and ethics. Located in Owensboro, Kentucky, Kentucky Wesleyan College serves as a vital institution in the community, providing quality education that empowers students to achieve their full potential and contribute positively to society.
This information is meant to be a general summary of Kentucky Wesleyan 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: $3,228,811
- Program Service Revenue: $24,555,459
- Gross Receipts: $48,990,321
Assets and Liabilities:
- Total Assets: $66,922,709
- Total Liabilities: $17,558,246
- Net Assets: $49,364,463
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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
$20,006,363
AUXILIARY INCOME
Revenue
$4,549,096
Organization Details
Founding Year
1858
Phone
(270) 926-3111Principal Officer
Dan Frazier
Main Address
3000 FREDERICA STREET, OWENSBORO, KY, 42301
Website
www.kwc.eduNTEE Category
Code: B420 - Education
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