Sterling College

Organization Overview

Sterling College is located in Craftsbury Common, VT. The organization was established in 1960. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2023, Sterling College employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sterling College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Sterling College generated $9.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $8.8m during the year ending 06/2023. While expenses have increased by 1.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

STERLING COLLEGE IS DEEPLY COMMITTED TO ITS MISSION OF ADVANCING ECOLOGICAL THINKING AND ACTION. AS A PREMIER, ENVIRONMENTALLY FOCUSED LIBERAL ARTS COLLEGE, WE ARE STEADFAST IN OUR DEDICATION TO EDUCATION, SUSTAINABILITY, AND THE WELL-BEING OF BOTH THE PLANET AND ITS INHABITANTS. OUR EMPHASIS ON EXPERIENTIAL LEARNING AND REAL-WORLD APPLICATION HAS MADE US A LEADER IN FOSTERING TALENT DEDICATED TO CORRECTING ENVIRONMENTAL DEGRADATION. TO FULFILL THIS VISION, WE ARE ACTIVELY SEEKING QUALIFIED APPLICANTS WHO SHARE OUR COMMITMENT TO ENVIRONMENTAL STEWARDSHIP, EXPERIENTIAL PEDAGOGY, INTERDISCIPLINARY EDUCATION, AND COMMUNITY ENRICHMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED BA DEGREE PROGRAMS THROUGH HIGH QUALITY POST-SECONDARY EDUCATION IN SUSTAINABLE AGRICULTURE AND FOOD SYSTEMS, OUTDOOR EDUCATION AND CLIMATE CHANGE. FULLY IMPLEMENTED OUR ECOGATHER ONLINE PROGRAM, INCLUDING THE BUILD OUT OF 24 COURSES.


COSTS TO OPERATE AND MAINTAIN FACILITIES, INCLUDES A LIBRARY FOR THE CONTINUED EDUCATION AND USE OF STUDENTS. RESTRUCTURED OUR BUDGET TO BETTER ALIGN KNOWN REVENUES AND EXPENSES. BUILDING LONG-TERM SUSTAINABLE PARTNERSHIPS WITH VALUES ALIGNED STATE AND REGIONAL PARTNERS, EMPLOYERS AND FUNDING ENTITIES.


REVITALIZED MARKETING AND RECRUITMENT EFFORTS AS WE RECOVER FROM THE PANDEMIC AND CONTINUE TO PROVIDE HEALTH AND COUNSELING SERVICES TO STUDENTS.


PROVIDED DINING SERVICES, HOUSING, AND WORKING FARM OPPORTUNITIES FOR STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Allison Hooper
Chair
$0
Sherilyn Peterson
Vice Chair
$0
Eric Becker
Treasurer
$0
Wendy Koenig
Secretary
$0
Helen Ouellette
Trustee
$0
Michael Tessler
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $349,571
All other contributions, gifts, grants, and similar amounts not included above$4,139,384
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,488,955
Total Program Service Revenue$4,561,525
Investment income $21,533
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $19,316
Net Gain/Loss on Asset Sales -$11,624
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,079,705

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