Ralston College Inc
- Assets
- $78.6k
- Revenue
- $551.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Savannah, GA
- Founding
- 12/2010
- Data as of
- 06/2021
- EIN
- 27-1823146
Organization Overview
Ralston College Inc is located in Savannah, GA. The organization was established in 2010. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Ralston College Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ralston College Inc 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 06/2021, Ralston College Inc generated $551.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 41.6% each year . All expenses for the organization totaled $759.7k during the year ending 06/2021. While expenses have increased by 34.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIBERAL ARTS COLLEGE DEVOTED TO HIGHER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE FISCAL YEAR ENDING ON JUNE 30, 2021, RALSTON COLLEGE UNDERTOOK A RANGE OF EDUCATIONAL ACTIVITIES SUCH AS PODCASTS, LECTURES, INTERVIEWS, AND ARTICLES FOR A WIDE PUBLIC AUDIENCE, AS WELL AS THE CREATION OF A NEW WEBSITE TO SUPPORT THESE AND FUTURE OFFERINGS. THE COLLEGE DID NOT HOLD LIVE IN-PERSON EVENTS DURING THIS PERIOD OWING TO THE COVID-19 PANDEMIC. A HIGHLIGHT OF THE YEAR WAS THE APPROVAL BY THE STATE OF GEORGIA TO OFFER A MASTER OF ARTS IN THE HUMANITIES. THE FIRST STUDENTS WILL BE ACCEPTED INTO THE MA PROGRAM IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen James Blackwood President And Governor | OfficerTrustee | 40 | $64,800 |
James Atkins Pritchard Dean, Secretary, And Governor | OfficerTrustee | 40 | $64,800 |
Gavin Gunning Dunbar Chairman And Governor | Trustee | 3 | $0 |
M Tyus Butler Governor | Trustee | 1 | $0 |
Robert H Jarman Governor | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $549,264 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $549,264 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,548 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $551,812 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $460 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,552 |
| Compensation of current officers, directors, key employees. | $44,798 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,277 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,456 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $25,400 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $187,876 |
| Advertising and promotion | $4,886 |
| Office expenses | $29,715 |
| Information technology | $248,601 |
| Royalties | $0 |
| Occupancy | $81,437 |
| Travel | $8,712 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,923 |
| Interest | $18,042 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,598 |
| Insurance | $3,795 |
| All other expenses | $0 |
| Total functional expenses | $759,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,608 |
| Savings and temporary cash investments | $2,509 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $65,426 |
| Investments—publicly traded securities | $58 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $78,601 |
| Accounts payable and accrued expenses | $10,030 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $64,982 |
| Other liabilities | $0 |
| Total liabilities | $75,012 |
| Net assets without donor restrictions | $3,589 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $78,601 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ralston College Inc has recieved totaling $517,000.
| Awarding Organization | Amount |
|---|---|
Donors Trust Inc Alexandria, VA PURPOSE: for general operations | $512,000 |
Chesed Inc Atlanta, GA PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION | $2,500 |
Mrs Giles Whiting Foundation New York, NY PURPOSE: GENERAL SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Lenoir-Rhyne University Hickory, NC | $251,750,614 | $101,403,823 |
Trevecca Nazarene University Nashville, TN | $238,062,092 | $96,180,255 |
Bethune-Cookman University Daytona Beach, FL | $214,110,723 | $117,726,569 |
Birmingham-Southern College Birmingham, AL | $106,162,162 | $42,694,906 |
Flagler College Inc St Augustine, FL | $205,599,935 | $73,291,832 |
Oglethorpe University Inc Atlanta, GA | $134,446,425 | $78,800,641 |
Faulkner University Montgomery, AL | $101,589,206 | $70,137,760 |
Claflin University Orangeburg, SC | $159,550,066 | $90,488,927 |
Catawba College Salisbury, NC | $404,243,208 | $275,797,439 |
Oakwood University Inc Huntsville, AL | $115,223,075 | $64,178,393 |
Benedict College Columbia, SC | $122,453,279 | $61,010,211 |