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Doral College Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 651115240 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is Doral College Inc?

Doral College Inc, located in Miami, Florida, is a forward-thinking educational institution that integrates learning with opportunities. With around 5,000 students enrolled, the college offers associate and bachelor's degrees, delivering dynamic educational experiences by blending traditional and online learning, supportive partnerships, and technology. Doral College's mission is to empower highly motivated and dedicated students to surpass conventional barriers, having established a postsecondary academic concurrent enrollment program. The college boasts a dedicated workforce of 140 individuals, dedicated to providing a comprehensive educational experience for its students.


Official website here: www.doralcollege.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 87% (Three-Star out of Four Star rating)

Doral College Inc has achieved a solid score of 87%, reflecting a strong emphasis on accountability and financial management. The organization demonstrates a commitment to transparency with an entirely independent board, which has contributed to its high marks in various accountability metrics, including financial oversight and governance policies.

Strengths of Doral College Inc include a robust financial structure with no material diversion of assets and a commendable liabilities-to-assets ratio of 1.53%. The organization has also established comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, all of which bolster its integrity and operational effectiveness.

However, the program expense ratio of 62.86% suggests that while the college invests significantly in its programs, there is room for improvement in maximizing resources allocated directly towards its mission. Overall, Doral College Inc exhibits strong governance and financial accountability, positioning it as a reliable nonprofit in its sector.


This AI summary has been generated from information found on Charity Navigator.

Is Doral College Inc legitimate?

Doral College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Doral College Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,722,080

For more financial information, click here


Official website here: www.doralcollege.com

What is the mission statement of Doral College Inc?

Doral College Inc, an innovative higher education institution, was established with the mission to provide a postsecondary academic concurrent enrollment program. This program offers a unique path for students to complete their college degrees by blending traditional and online learning, supportive partnerships, and technology. The college aims to empower highly motivated and dedicated students, enabling them to overcome conventional barriers. By doing so, Doral College Inc offers comprehensive educational experiences, integrating instructional programs and student services. As of June 30, 2022, the college had 5,000 students enrolled in various courses.


Official website here: www.doralcollege.com

What is the revenue of Doral College Inc?

Doral College Inc's revenue in 2024 was $5,541,067.


Official website here: www.doralcollege.com

Who are the executives of Doral College Inc and what are their salaries?

The average compensation at Doral College Inc during 2024 was $15,826. There are 172 employees and 53 volunteers at Doral College Inc.

Here are 10 key members and their salaries:


Luis Fuste (Director,Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Garcia (Director, Vc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Morales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Carlos Infante (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Quijano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Iglesias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Marty (President)
  • Compensation: $208,918
  • Related: $0
  • Other: $0
Cristina Guerra (Vice President For Student)
  • Compensation: $121,275
  • Related: $0
  • Other: $0
Guillermo Rivera (Vice President For Academi)
  • Compensation: $121,275
  • Related: $0
  • Other: $0


Official website here: www.doralcollege.com

Where can I find the form 990 for Doral College Inc?

Doral College Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.doralcollege.com

Learn more at the official website: www.doralcollege.com

Mission Statement of Doral College Inc

Doral College Inc was established with a mission to offer a postsecondary academic concurrent enrollment program, paving an innovative path towards the completion of college degrees. This higher education institution aims to empower highly motivated and dedicated students, helping them overcome conventional barriers. By blending traditional and online learning, supportive partnerships, and technology, Doral College Inc delivers dynamic educational experiences. The organization's goal is to provide an alternative route for students to earn their associate and bachelor's degrees, making higher education more accessible and inclusive.

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Impact




July, 2024

Doral College Inc is making a significant impact by offering innovative higher education opportunities to highly motivated and dedicated students. By blending traditional and online learning methods, supportive partnerships, and technology, Doral College is empowering students to overcome conventional barriers to education. With a focus on providing associate and bachelor's degree programs, the college is helping to bridge the gap between education and opportunity for its 5,000 enrolled students. Through its comprehensive instructional programs and student services, Doral College Inc is paving the way for students to achieve their academic and career goals.




This information is meant to be a general summary of Doral College Inc. 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.

Revenue
$5,541,067 (2024)
Expenses
$4,563,059 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $91,625
  • Program Service Revenue: $5,019,029
  • Gross Receipts: $5,541,067

Assets and Liabilities:

  • Total Assets: $3,588,173
  • Total Liabilities: $69,483
  • Net Assets: $3,518,690

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EDUCATIONAL SERVICES R

Revenue

$5,019,029

Organization Details

Founding Year

2001

Principal Officer

Luis Fuste

NTEE Category

Code: B20 - Education

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