Overview
What is Elyon College?
Elyon College is a nonprofit institution situated in Brooklyn, New York, specifically at 1400 WEST 6TH STREET. Its primary mission is to offer educational opportunities to students, enabling them to earn Associate's degrees in Science and Applied Science, as well as various certificates in various programs. The college is dedicated to providing quality education to its students and currently employs a team of 37 individuals. The institution's goal is to equip students with the necessary skills and knowledge required to excel in their chosen fields.
Official website here: www.elyoncollege.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Elyon College has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and financial practices. The organization has demonstrated strong governance with 100% independent board members and a solid program expense ratio of 75.81%, signifying that a significant portion of its resources is directed towards its mission-related activities.
However, there are several critical areas where Elyon College falls short. The organization has not provided financial statements, lacks essential policies such as conflict of interest and whistleblower protections, and has not posted its tax form on its website. These deficiencies reflect a lack of transparency and accountability that could raise concerns among potential donors and stakeholders.
In summary, while Elyon College shows strengths in governance and program expenditure, it must address its significant gaps in financial documentation and policy implementation to enhance its trustworthiness and overall effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Elyon College legitimate?
Elyon College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elyon 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $364,385
For more financial information, click here
Official website here: www.elyoncollege.edu
What is the mission statement of Elyon College?
Elyon College is committed to offering education to students, enabling them to obtain Associate's degrees in Science and Applied Science, as well as certificates in various programs. The institution's primary mission is to provide a learning environment that empowers students to advance their academic careers and prepare for their future endeavors. By offering diverse educational programs, Elyon College aims to equip students with the necessary skills and knowledge to succeed in their chosen fields. The college is dedicated to fostering a supportive learning environment where students can thrive and achieve their educational goals.
Official website here: www.elyoncollege.edu
Who is the CEO of Elyon College?
Chaim A Waldman is the Trustee of Elyon College.
Official website here: www.elyoncollege.edu
What is the revenue of Elyon College?
Elyon College's revenue in 2022 was $1,294,707.
Official website here: www.elyoncollege.edu
Who are the executives of Elyon College and what are their salaries?
The average compensation at Elyon College during 2022 was $9,848. There are 37 employees at Elyon College.
Here are 6 key members and their salaries:
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Official website here: www.elyoncollege.edu
Where can I find the form 990 for Elyon College?
Elyon College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elyoncollege.edu
Learn more at the official website: www.elyoncollege.edu
Mission Statement of Elyon College
Elyon College, a reputable institution, is committed to providing education to its students. Its primary objective is to enable students to earn degrees in Associates in Science and Associates in Applied Science, as well as acquire certificates in various programs. This mission is carried out through a dedicated approach to education, aimed at equipping students with the necessary knowledge and skills to succeed in their chosen fields. By offering these degrees and certificates, Elyon College plays a pivotal role in shaping the future of its students, helping them to achieve their academic and professional goals.
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Impact
July, 2024
Elyon College's impact lies in empowering students to earn degrees of Associates in Science and Associates in Applied Science, as well as certificates in various programs. By providing education in these fields, Elyon College is shaping the workforce by equipping individuals with knowledge and skills that are essential for their career advancement and personal growth. Through its programs, Elyon College is contributing to the development of a well-educated and skilled workforce in Brooklyn, NY, ultimately aiding in the economic and social development of the community.
This information is meant to be a general summary of Elyon 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.
- Program Service Revenue: $1,277,707
- Gross Receipts: $1,294,707
Assets and Liabilities:
- Total Assets: $861,985
- Total Liabilities: $188,436
- Net Assets: $673,549
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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
$972,964
CARES ACT-HEERF STUD PAY FUND
Revenue
$163,200
CARES ACT-HEERF SCHOOL USED
Revenue
$141,543
Organization Details
Founding Year
2012
Principal Officer
Chaim A Waldman
Main Address
1400 WEST 6TH STREET, BROOKLYN, NY, 11204
Website
www.elyoncollege.eduNTEE Category
Code: B41 - Education
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