Overview
What is Glasgow Caledonian New York College?
Glasgow Caledonian New York College, referred to as GCNYC, is a nonprofit institution located at 64 Wooster Street, New York, NY 10012. Their mission is to foster enterprising and compassionate leaders in social impact, sustainable fashion, and risk management. During the 2022/23 fiscal year, they conducted three semesters in September, January, and April. GCNYC delivers exclusive Master of Science degrees in Impact-Focused Business Investing, Sustainable Fashion, and Risk, Resilience, and Integrity Management. These programs aim to instill a balance between profitability, community welfare, and environmental sustainability, aligning with the United Nations' Sustainable Development Goals. With a dedicated workforce of 35 individuals, GCNYC is a vibrant hub for forward-thinking education in New York City.
Official website here: www.ienyc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 56% - One-Star out of Four Star Rating
Glasgow Caledonian New York College has received a low rating of 56% from Charity Navigator, indicating potential concerns regarding its financial health and management practices. The college demonstrates strong governance characteristics, such as having a majority of independent board members and robust policies for oversight, including conflict of interest and whistleblower protections.
However, the organization faces significant challenges in its financial performance, highlighted by a concerning liabilities to assets ratio of 390.16% and a low program expense ratio of 30.74%. These figures suggest that a large portion of its resources may not be directed toward its programs, which could impact its overall effectiveness and sustainability.
While the college maintains strong accountability measures, the lack of transparency, as evidenced by a missing tax form on its website, raises additional concerns for potential donors and stakeholders. Overall, while the nonprofit has strengths in governance, its financial indicators warrant careful consideration.
This AI summary has been generated from information found on Charity Navigator.
Is Glasgow Caledonian New York College legitimate?
Glasgow Caledonian New York College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glasgow Caledonian New York 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: $2,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,650,239
For more financial information, click here
Official website here: www.ienyc.edu
What is the mission statement of Glasgow Caledonian New York College?
Glasgow Caledonian New York College, as a college committed to the greater good, provides Master of Science degrees. These degrees focus on Impact-Focused Business Investing, Sustainable Fashion, and Risk, Resilience, and Integrity Management. The college's mission is to cultivate enterprising and compassionate leaders in social impact, sustainable fashion, and risk management. Guided by knowledgeable faculty, students learn to rethink business within the framework of the UN Sustainable Development Goals, ensuring profitability while promoting community well-being and environmental sustainability.
Official website here: www.ienyc.edu
What is the revenue of Glasgow Caledonian New York College?
Glasgow Caledonian New York College's revenue in 2024 was $5,448,623.
Official website here: www.ienyc.edu
Who are the executives of Glasgow Caledonian New York College and what are their salaries?
The average compensation at Glasgow Caledonian New York College during 2024 was $48,602. There are 34 employees and 12 volunteers at Glasgow Caledonian New York College.
Here are 15 key members and their salaries:
- Compensation: $263,900
- Related: $0
- Other: $9,237
- Compensation: $0
- Related: $217,529
- Other: $28,438
- Compensation: $130,000
- Related: $0
- Other: $2,600
- Compensation: $0
- Related: $109,890
- Other: $21,209
- Compensation: $104,350
- Related: $0
- Other: $2,087
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ienyc.edu
Where can I find the form 990 for Glasgow Caledonian New York College?
Glasgow Caledonian New York College's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ienyc.edu
Learn more at the official website: www.ienyc.edu
Mission Statement of Glasgow Caledonian New York College
Glasgow Caledonian New York College, known as the College for the Common Good, is dedicated to shaping future leaders in social impact, sustainable fashion, and risk management. Guided by knowledgeable faculty, the institution delivers unique Master of Science degrees, encouraging students to rethink business practices within the framework of the United Nations' Sustainable Development Goals. This approach ensures that profitability is balanced with the well-being of communities and the planet. The college prepares its students to become enterprising and compassionate leaders, integrating social responsibility and environmental stewardship into their professional pursuits.
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Impact
July, 2024
Glasgow Caledonian New York College is making a significant impact as New York City's College for the Common Good. Through their unique Master of Science programs in Impact-Focused Business Investing, Sustainable Fashion, and Risk, Resilience, and Integrity Management, the College is preparing students to be enterprising and compassionate leaders in various fields. By focusing on the UN Sustainable Development Goals, the College is equipping students with the knowledge and skills to balance profitability with social and environmental well-being. Through their three semesters each fiscal year, Glasgow Caledonian New York College is shaping the next generation of professionals who are committed to creating positive change in the world.
This information is meant to be a general summary of Glasgow Caledonian New York 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 2024.
- Investment Income: $2,122
- Program Service Revenue: $341,661
- Gross Receipts: $5,448,623
Assets and Liabilities:
- Total Assets: $10,122,351
- Total Liabilities: $39,494,139
- Net Assets: -$29,371,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Fee Income
Revenue
$341,661
Organization Details
Founding Year
2017
Principal Officer
Professor Mike Mannion
Website
www.ienyc.eduNTEE Category
Code: B42 - Education
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