Overview
What is Reed Institute?
Reed Institute, also known as Reed College, is a nonprofit organization based in Portland, Oregon. With a team of 1709 employees, they are dedicated to providing education in the liberal arts and sciences. The Institute has been the recipient of 29 federal grants, which have supported research in various fields, including Biology, Chemistry, Humanities, Physics, Psychology, Math, and even the operation of a nuclear reactor. The mission of Reed College encompasses the pursuit of knowledge and learning across these disciplines.
Official website here: www.reed.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Reed Institute has achieved a perfect score of 100%, reflecting its strong commitment to accountability and financial transparency. With a substantial portion of its board being independent (96%), the organization demonstrates a robust governance structure that prioritizes ethical oversight. Additionally, the organization has received full points in key areas such as its audit and oversight committee, material diversion of assets, and various policies that ensure responsible management of resources.
Financially, the Reed Institute excels with a program expense ratio of 90.21%, indicating that the vast majority of its expenditures are directed towards its mission-driven activities. The low liabilities to assets ratio of 17.05% further suggests that the organization maintains a healthy balance sheet, which is crucial for its sustainability and operational effectiveness.
While the data reflects a well-managed organization, no specific limitations or areas for improvement were noted in the available ratings. Overall, the Reed Institute stands out as a model of nonprofit excellence, delivering confidence to donors and stakeholders through its high performance in multiple accountability metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Reed Institute legitimate?
Reed Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reed Institute 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: $2,705,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,202,864
For more financial information, click here
Official website here: www.reed.edu
What is the mission statement of Reed Institute?
The Reed Institute is dedicated to the pursuit of knowledge in the liberal arts and sciences. Its mission is centered around providing quality education in these areas. The Institute has a strong focus on research, as evidenced by the 29 grants it received for federal funding. This funding supported various departments, including Biology, Chemistry, Humanities, Physics, Psychology, Math, and the nuclear reactor. Through these academic departments, the Reed Institute continues to advance knowledge and offer opportunities for research and exploration in the liberal arts and sciences.
Official website here: www.reed.edu
What is the revenue of Reed Institute?
Reed Institute's revenue in 2023 was $150,353,460.
Official website here: www.reed.edu
Who are the executives of Reed Institute and what are their salaries?
The average compensation at Reed Institute during 2023 was $27,267. There are 1757 employees and 836 volunteers at Reed Institute.
Here are 44 key members and their salaries:
- Compensation: $588,465
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- Other: $48,161
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- Other: $20,310
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- Other: $43,493
- Compensation: $226,996
- Related: $0
- Other: $45,287
- Compensation: $208,694
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- Compensation: $213,470
- Related: $0
- Other: $31,043
- Compensation: $190,542
- Related: $0
- Other: $41,825
- Compensation: $189,563
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- Other: $35,187
- Compensation: $182,951
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- Other: $32,165
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Official website here: www.reed.edu
Where can I find the form 990 for Reed Institute?
Reed Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.reed.edu
Learn more at the official website: www.reed.edu
Mission Statement of Reed Institute
The Reed Institute, a distinguished nonprofit organization, is dedicated to the pursuit of knowledge in the liberal arts and sciences. Its mission is to foster intellectual growth and academic excellence by providing education in various disciplines. With a strong commitment to research, the Institute has secured 29 grants funded by federal sources, supporting departments spanning the fields of Biology, Chemistry, Humanities, Physics, Psychology, Mathematics, and the operation of a nuclear reactor. Through these initiatives, the Reed Institute empowers students and scholars to explore new ideas, conduct groundbreaking research, and broaden their horizons. The Institute's unwavering dedication to promoting learning and discovery has made it a vital component in advancing knowledge and shaping the next generation of thinkers.
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Impact
October, 2024
Reed Institute significantly impacts the educational landscape by providing a robust liberal arts and sciences curriculum, fostering critical thinking and creativity among its students. With 29 research grants funded through federal resources, the institute has bolstered various departments, including Biology, Chemistry, Humanities, Physics, Psychology, Math, and its nuclear reactor facility, enhancing research opportunities and academic rigor. Located in Portland, Oregon, Reed Institute's commitment to a comprehensive education enriches both the community and the intellectual development of its students, preparing them for diverse fields and challenges in an ever-evolving world.
This information is meant to be a general summary of Reed Institute. 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 2023.
- Investment Income: $1,662,915
- Program Service Revenue: $114,923,252
- Gross Receipts: $217,523,744
Assets and Liabilities:
- Total Assets: $1,011,067,544
- Total Liabilities: $181,952,607
- Net Assets: $829,114,937
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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
$93,928,243
Aux-Dorm fees
Revenue
$8,528,508
Aux-Cafeteria fees
Revenue
$6,850,500
Aux-Bookstore fees
Revenue
$951,615
Other fees
Revenue
$4,664,386
Organization Details
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