Defiance College
- Assets
- $41.0m
- Revenue
- $24.2m
- Investments
- $145.7k
- Employees
- 409
- Location
- Defiance, OH
- Founding
- 11/1946
- Data as of
- 06/2023
- EIN
- 34-4430762
Organization Overview
Defiance College is located in Defiance, OH. The organization was established in 1946. 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, Defiance College employed 409 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Defiance 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, Defiance College generated $24.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $28.5m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEFIANCE COLLEGE GRADUATES STUDENTS TO LEAD DISTINCTIVE LIVES IN THEIR CHOSEN PROFESSIONS THROUGH A SPIRIT OF SERVICE BY PREPARING THEM TO KNOW, TO UNDERSTAND, TO LEAD, AND TO SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEFIANCE COLLEGE IS NOT-FOR-PROFIT EDUCATIONAL INSTITUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richanne Mankey Edd President | 50 | $208,611 | |
Agnes Caldwell PHD Executive Vice President And Academic Dean | Officer | 50 | $168,789 |
Jeremy Taylor Ph D VP Of Enrollment Management | Officer | 50 | $119,156 |
Robert Head Board Chair | 1 | $0 | |
Lisa Marsalek VP & Dean Of Student Affairs | Officer | 50 | $99,796 |
Barbara Silvis Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hallmark Management Services Food Services | 6/29/23 | $1,144,886 |
Paramount Care Inc Health Insurance | 6/29/23 | $635,605 |
Service Master By Mccann Cleaning Services | 6/29/23 | $439,022 |
State Bank Credit Card Service | 6/29/23 | $567,750 |
Athem Bcbs Ohio Insurance | 6/29/23 | $365,942 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,282,519 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,550,641 |
| Noncash contributions included in lines 1a–1f | $66,868 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,833,160 |
| Total Program Service Revenue | $19,645,307 |
| Investment income | $1,412,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,200,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,429,409 |
| 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. | $802,889 |
| Compensation of current officers, directors, key employees. | $356,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,509,881 |
| Pension plan accruals and contributions | $257,938 |
| Other employee benefits | $1,658,413 |
| Payroll taxes | $475,411 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,640 |
| Fees for services: Accounting | $48,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $110,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $153,633 |
| Office expenses | $2,251,604 |
| Information technology | $362,169 |
| Royalties | $0 |
| Occupancy | $2,482,411 |
| Travel | $340,728 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $279,957 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,453,508 |
| Insurance | $174,421 |
| All other expenses | $0 |
| Total functional expenses | $28,513,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,832 |
| Savings and temporary cash investments | $1,074,235 |
| Pledges and grants receivable | $365,971 |
| Accounts receivable, net | $104,745 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $528,910 |
| Inventories for sale or use | $37,556 |
| Prepaid expenses and deferred charges | $285,822 |
| Net Land, buildings, and equipment | $18,159,914 |
| Investments—publicly traded securities | $20,274,720 |
| Investments—other securities | $145,738 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,980,443 |
| Accounts payable and accrued expenses | $1,064,819 |
| Grants payable | $0 |
| Deferred revenue | $184,910 |
| 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 | $5,700,028 |
| Other liabilities | $584,206 |
| Total liabilities | $7,533,963 |
| Net assets without donor restrictions | $12,669,892 |
| Net assets with donor restrictions | $20,776,588 |
| 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 | $40,980,443 |