Overview
What is Philander Smith College?
Philander Smith College, located in Little Rock, Arkansas, is a historic, four-year liberal arts institution related to the United Methodist Church. With a workforce of 316 employees, the college offers four degrees: Bachelor of Business Administration, Bachelor of Science, Bachelor of Social Work, and Bachelor of Arts. In addition, they provide certificates and dual credits for various career pathways. The mission of Philander Smith College is to graduate academically accomplished students, instilling in them a strong sense of social justice and a determination to create positive change in the world. The college's students emerge as ethical critical thinkers, problem solvers, civic-minded leaders, advocates of cultural and global understanding, agents of social, moral, and spiritual responsibility, and lifelong learners and active members of their local, national, and global communities. The college offers a supportive and engaging learning environment, producing graduates prepared for a diverse range of fields, such as economics, technology, health, sciences, education, public policy, the humanities, and integrated disciplines like social and criminal justice. Philander Smith College is an essential contributor to the educational landscape, fostering the next generation of change-makers and innovators.
Official website here: www.philander.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% - Four-Star out of Four Stars
Philander Smith College has achieved a strong Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. The organization has excelled in maintaining an independent board, with all 19 members being independent, and has demonstrated effective oversight through its audit and financial oversight committees. The college's commitment to transparency is evident, as it has well-documented policies regarding conflict of interest and record retention.
The college's financial management reflects a robust program expense ratio of 77.39%, showing that a significant portion of its resources is allocated directly to its programs. Additionally, the college has no reported material diversion of assets, which further underscores its financial integrity. The organization’s overall financial health is bolstered by a low liabilities-to-assets ratio of 18.59%, suggesting strong fiscal management.
However, there is a noted limitation in the absence of a whistleblower policy, which could impact the college's overall governance framework. Despite this minor gap, Philander Smith College remains a well-rated institution with a strong commitment to accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Philander Smith College legitimate?
Philander Smith College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philander Smith 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: $633,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,126,604
For more financial information, click here
Official website here: www.philander.edu
What is the mission statement of Philander Smith College?
Philander Smith College is a historically black, four-year liberal arts institution related to the United Methodist Church. The college's mission is to graduate students who are academically accomplished and socially responsible, equipped to make a positive impact on the world. Students at Philander Smith College pursue degrees in business administration, science, social work, arts, and various certificates and dual credits for career readiness. The institution cultivates citizens who are ethical critical thinkers and problem solvers, civic-minded leaders, agents of social, moral, and spiritual responsibility, advocates of cultural and global understanding, and lifelong learners and active members of local, national, and global communities.
Official website here: www.philander.edu
Who is the CEO of Philander Smith College?
Dr Roderick L Smothers is the Principal Officer of Philander Smith College.
Official website here: www.philander.edu
What is the revenue of Philander Smith College?
Philander Smith College's revenue in 2022 was $31,438,360.
Official website here: www.philander.edu
Who are the executives of Philander Smith College and what are their salaries?
The average compensation at Philander Smith College during 2022 was $24,556. There are 316 employees and 120 volunteers at Philander Smith College.
Here are 25 key members and their salaries:
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- Other: $5,048
Official website here: www.philander.edu
Where can I find the form 990 for Philander Smith College?
Philander Smith College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.philander.edu
Learn more at the official website: www.philander.edu
Mission Statement of Philander Smith College
Philander Smith College, a historically black, four-year liberal arts institution affiliated with the United Methodist Church, is dedicated to graduating academically accomplished students who become advocates for social justice. The college's mission is threefold: to cultivate intellectually eager graduates, ethical critical thinkers, and civic-minded leaders prepared to make a difference in various sectors such as economics, technology, health, sciences, education, public policy, the humanities, and integrated disciplines like social and criminal justice.
Moreover, Philander Smith College aims to foster agents of social, moral, and spiritual responsibility, advocates of cultural and global understanding, and lifelong learners and active members of their local, national, and global communities. With a supportive and engaging learning environment, the college helps students emerge as well-rounded individuals who can effectively tackle problems and contribute meaningfully to society. The institution offers a range of undergraduate degrees, including the Bachelor of Business Administration, the Bachelor of Science, the Bachelor of Social Work, and the Bachelor of Arts, as well as certificates and dual credits for various career pathways. Through its comprehensive educational programs and commitment to social justice, Philander Smith College empowers students to change the world for the better.
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Impact
October, 2024
Philander Smith College plays a significant role in shaping the academic, social, and ethical landscape of its community and beyond. As a historically Black, four-year liberal arts institution affiliated with the United Methodist Church, it enables students to pursue degrees in vital fields such as business administration, social work, and the sciences. The college fosters an engaging and supportive environment where students become academically accomplished individuals and ethical critical thinkers.
The impact of Philander Smith College extends beyond academic achievement; it cultivates civic-minded leaders who are prepared to address challenges in economics, technology, health, education, and public policy. The college emphasizes social, moral, and spiritual responsibility, empowering students to become agents of positive change within their communities.
Moreover, Philander Smith College promotes cultural and global understanding, encouraging students to be lifelong learners and active participants in local, national, and global arenas. By graduating advocates for social justice, the college contributes to the development of a more equitable society, determined to change the world for the better. In doing so, it leaves a lasting imprint on both its students and the wider community.
This information is meant to be a general summary of Philander Smith 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: $381,567
- Program Service Revenue: $11,696,247
- Gross Receipts: $31,810,776
Assets and Liabilities:
- Total Assets: $65,341,640
- Total Liabilities: $7,316,709
- Net Assets: $58,024,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$9,039,830
DORM FEES
Revenue
$1,666,502
MEAL PLAN
Revenue
$888,978
OTHER AUXILIARY FEES
Revenue
$62,410
BOOKSTORE SALES
Revenue
$38,527
Organization Details
Founding Year
1877
Phone
(501) 370-5341Principal Officer
Dr Roderick L Smothers
Main Address
812 W 13TH STREET, LITTLE ROCK, AR, 72202
Website
www.philander.eduNTEE Category
Code: B420 - Education
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