Wabash College
- Assets
- $586.8m
- Revenue
- $93.9m
- Investments
- $313.3m
- Employees
- 983
- Location
- Crawfordsville, IN
- Founding
- 11/1941
- Data as of
- 06/2022
- EIN
- 35-0868202
Organization Overview
Wabash College is located in Crawfordsville, IN. The organization was established in 1941. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Wabash College employed 983 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wabash 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 06/2022, Wabash College generated $93.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $87.2m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 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.
Since 2015, Wabash College has awarded 178 individual grants totaling $4,560,683. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WABASH COLLEGE IS A LIBERAL ARTS COLLEGE FOR MEN THAT EDUCATES THEM TO THINK CRITICALLY, ACT RESPONSIBLY, LEAD EFFECTIVELY, AND LIVE HUMANELY.
Describe the Organization's Program Activity:
INSTRUCTION - THE ACADEMIC INSTRUCTION PROGRAM. STUDENT SERVICES AND ATHLETICS - ACTIVITIES WHOSE PRIMARY GOAL IS TO CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL-BEING AS WELL AS INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF THE CLASSROOM. ACADEMIC SUPPORT AND LIBRARY - SUPPORT SERVICES FOR INSTRUCTION, RESEARCH, AND PUBLIC SERVICE. INCLUDES LIBRARY AND COMPUTER SERVICES. 840 STUDENTS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Feller Scott E President | OfficerTrustee | 50 | $494,820 |
Jones Steven L Dean For Prof. Development | 50 | $228,335 | |
Cooks Kendra A Chief Financial Off/treasurer | Officer | 50 | $198,232 |
Janssen Michelle L Dean For Advancement | 50 | $199,016 | |
Mcdorman Todd F Acting Dean Of The College | 50 | $158,405 | |
Amidon Jr James L Secretary/chief Of Staff | Officer | 50 | $154,806 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo And Affiliates Campus Services | 6/29/22 | $3,580,452 |
Compass Group Usa Inc Food Service | 6/29/22 | $2,557,204 |
Strategic Investment Group Llc Investment Services | 6/29/22 | $1,143,945 |
Campus Cooks Llc Food Service | 6/29/22 | $782,126 |
Shepley Bulfinch Richardson Abbot Architecture | 6/29/22 | $729,575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,233 |
| Government grants | $2,498,521 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,028,346 |
| Noncash contributions included in lines 1a–1f | $905,511 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,535,100 |
| Total Program Service Revenue | $47,544,191 |
| Investment income | $15,177,429 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,457,598 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $75,580 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,874,702 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $701,724 |
| Grants and other assistance to domestic individuals. | $27,684,940 |
| Grants and other assistance to Foreign Orgs/Individuals | $30,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $966,678 |
| Compensation of current officers, directors, key employees. | $152,553 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,533,641 |
| Pension plan accruals and contributions | $112,913 |
| Other employee benefits | $3,295,757 |
| Payroll taxes | $1,354,974 |
| Fees for services: Management | $102,332 |
| Fees for services: Legal | $167,626 |
| Fees for services: Accounting | $190,571 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $250,409 |
| Fees for services: Investment Management | $1,286,250 |
| Fees for services: Other | $3,136,932 |
| Advertising and promotion | $676,948 |
| Office expenses | $814,456 |
| Information technology | $759,087 |
| Royalties | $0 |
| Occupancy | $8,497,023 |
| Travel | $1,608,105 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,325 |
| Interest | $1,058,374 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,285,719 |
| Insurance | $813,296 |
| All other expenses | $1,110,745 |
| Total functional expenses | $87,190,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,198 |
| Savings and temporary cash investments | $32,579,549 |
| Pledges and grants receivable | $23,911,341 |
| Accounts receivable, net | $602,697 |
| 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 | $1,094,512 |
| Net Land, buildings, and equipment | $126,792,567 |
| Investments—publicly traded securities | $47,773,969 |
| Investments—other securities | $313,286,904 |
| Investments—program-related | $3,395,640 |
| Intangible assets | $0 |
| Other assets | $37,397,678 |
| Total assets | $586,840,055 |
| Accounts payable and accrued expenses | $1,670,240 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $38,397,600 |
| 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 | $0 |
| Other liabilities | $10,574,942 |
| Total liabilities | $50,642,782 |
| Net assets without donor restrictions | $249,765,061 |
| Net assets with donor restrictions | $286,432,212 |
| 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 | $586,840,055 |
Grants Awarded
Over the last fiscal year, Wabash College has awarded $701,724 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AUSTIN PRESBYTERIAN THEOLOGY PURPOSE: EDUCATIONAL ASSISTANCE | $38,412 |
KANKAKEE VALLEY SCHOOL CORP PURPOSE: EDUCATIONAL ASSISTANCE | $82,384 |
CHICAGO THEOLOGICAL SEMINARY PURPOSE: EDUCATIONAL ASSISTANCE | $29,865 |
BOSTON UNIVERSITY PURPOSE: EDUCATIONAL ASSISTANCE | $14,900 |
COLUMBIA THEOLOGICAL SEMINARY PURPOSE: EDUCATIONAL ASSISTANCE | $10,000 |
GEORGE FOX UNIVERSITY PURPOSE: EDUCATIONAL ASSISTANCE | $10,000 |