Overview
What is Loyalist College Of Applied Arts & Technology?
Loyalist College of Applied Arts & Technology is a publicly-assisted post-secondary institution located at 376 Wallbridge-Loyalist Road, Belleville, Ontario, Canada (K8N 5B9). With over 50 certificate, diploma, and post-graduate diploma programs, as well as continuing education and apprenticeships, the college accommodates both full-time and part-time students. Ancillary services include student residences, parking, a bookstore, and food services. The college's mission is to offer a wide range of programs leading to certificates and diplomas, in addition to industry-specific training and continuing education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
Loyalist College of Applied Arts & Technology has received an 84% rating from Charity Navigator, which reflects its commitment to accountability and finance. The rating is based entirely on the accountability & finance score, showcasing the organization's strong governance practices, including a majority independent board and comprehensive financial oversight.
The nonprofit has demonstrated excellent compliance with various policies, such as conflict of interest and whistleblower protections, contributing to a robust accountability framework. Additionally, the organization maintains transparent financial practices, as evidenced by its listed website on tax forms and the availability of board meeting minutes.
However, one area of concern is the liabilities to assets ratio, which is at 66.06%. While the organization excels in program expense ratio, this high ratio may indicate potential financial risks that could impact future operations. Overall, Loyalist College appears to be well-managed with solid financial practices, though stakeholders should be mindful of its liability situation.
This AI summary has been generated from information found on Charity Navigator.
Is Loyalist College Of Applied Arts & Technology legitimate?
Loyalist College Of Applied Arts & Technology is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyalist College Of Applied Arts & Technology 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: $772,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,913,497
For more financial information, click here
What is the mission statement of Loyalist College Of Applied Arts & Technology?
Loyalist College of Applied Arts & Technology is a publicly assisted institution dedicated to offering over 50 post-secondary certificates, diplomas, and post-graduate programs, as well as continuing education and apprenticeships. The college's mission revolves around providing full-time and part-time programs that lead to certificates and diplomas for students. Additionally, the college is committed to offering continuing education and industry-specific training. The institution's primary goal is to equip students with essential skills and knowledge to excel in their chosen fields. The college's expansive offerings include ancillary services such as student residences, parking lots, bookstores, and food services.
Who is the CEO of Loyalist College Of Applied Arts & Technology?
Unavailable The CEO's salary of Loyalist College Of Applied Arts & Technology is $171,065 and their total compensation is $171,065.
What is the revenue of Loyalist College Of Applied Arts & Technology?
Loyalist College Of Applied Arts & Technology's revenue in 2023 was $121,305,552.
Who are the executives of Loyalist College Of Applied Arts & Technology and what are their salaries?
Here are 17 key members and their salaries (Loyalist College Of Applied Arts & Technology's CEO's salary is $171,065 and their total compensation is $171,065):
- Compensation: $171,065
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- Other: $0
- Compensation: $147,900
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- Compensation: $162,195
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- Compensation: $139,851
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- Other: $0
- Compensation: $124,925
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- Other: $0
- Compensation: $151,089
- Related: $0
- Other: $0
- Compensation: $147,900
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Where can I find the form 990 for Loyalist College Of Applied Arts & Technology?
Loyalist College Of Applied Arts & Technology's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Loyalist College Of Applied Arts & Technology
Loyalist College of Applied Arts & Technology is a publicly assisted institution dedicated to offering over 50 post-secondary certificate, diploma, and post-graduate diploma programs. The college goes beyond traditional education by providing continuing education and industry-specific training to its students. In simple terms, Loyalist College empowers learners with the skills and knowledge required to succeed in various fields and industries.
Through full-time and part-time programs, Loyalist College equips students with certificates and diplomas that can open doors to diverse career opportunities. Moreover, the college offers ancillary services such as student residences, parking lots, bookstores, and food services, ensuring students have access to essential resources as they pursue their academic goals. These additional offerings contribute to a well-rounded learning experience that prepares students for both their professional and personal lives.
Furthermore, Loyalist College's mission extends beyond the classroom. By providing continuing education and industry-specific training, the college stays attuned to the evolving needs of industries and workforces. This adaptability enables learners to acquire the most up-to-date skills and knowledge, making them valuable assets to their future employers. In summary, Loyalist College of Applied Arts & Technology is a vibrant learning community that is committed to fostering the growth and development of its students, preparing them for successful careers and lifelong learning.
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Impact
October, 2024
Loyalist College of Applied Arts & Technology plays a significant role in shaping the educational landscape by offering over 50 post-secondary certificates, diplomas, and postgraduate diploma programs. Its diverse array of programs supports both full-time and part-time learners, ensuring that education is accessible to a broad audience. The college emphasizes continuing education and industry-specific training, equipping students with the necessary skills to thrive in the workforce.
In addition to its academic offerings, Loyalist College enhances student life through various ancillary services, including residences, parking, bookstores, and food services. This holistic approach not only fosters a supportive learning environment but also contributes to the overall development of the community by preparing a skilled labor force that meets local and regional needs. By focusing on practical training and community engagement, Loyalist College has a lasting impact on both its students and the surrounding area.
This information is meant to be a general summary of Loyalist College Of Applied Arts & Technology. 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: $3,119,223
- Program Service Revenue: $96,269,337
- Gross Receipts: $121,305,552
Assets and Liabilities:
- Total Assets: $163,092,947
- Total Liabilities: $118,963,315
- Net Assets: $44,129,632
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition Fees
Revenue
$34,955,385
Ancillary Fees
Revenue
$2,048,275
Other
Revenue
$59,265,677
Organization Details
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