Greenville College
- Assets
- $71.8m
- Revenue
- $45.5m
- Investments
- $6.5m
- Employees
- 742
- Location
- Greenville, IL
- Founding
- 11/1942
- Data as of
- 05/2022
- EIN
- 37-0681530
Organization Overview
Greenville College, operating under the name Greenville University, is located in Greenville, IL. The organization was established in 1942. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Greenville University employed 742 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenville University 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 05/2022, Greenville University generated $45.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $42.2m during the year ending 05/2022. While expenses have increased by 1.3% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM STUDENTS FOR LIVES OF CHARACTER AND SERVICE THROUGH A CHRIST-CENTERED EDUCATION.
Describe the Organization's Program Activity:
UNDERGRADUATE AND GRADUATE LEVEL EDUCATION SERVICES- INSTRUCTION, SCHOLARSHIPS, AND OTHER STUDENT SERVICES: CLASSES ARE HELD FOR APPROXIMATELY 984 STUDENTS. FACULTY, INSTRUCTION, EQUIPMENT AND SUPPLIES ARE PROVIDED FOR THE CLASSROOM AND LIBRARY. STUDENTS ARE AWARDED SCHOLARSHIPS ON THE BASIS OF NEED AND ACADEMIC ACHIEVEMENT. STUDENT SUPPORT SERVICES INCLUDED STUDENT DEVELOPMENT, RELIGIOUS LIFE, STUDENT ORGANIZATIONS AND MANY OTHER STUDENT ACTIVITIES.
AUXILIARY SERVICES - FOOD SERVICE, TEXTBOOK SERVICES, AND RESIDENCE HALLS: CAFETERIA-STYLE DINING SERVICES ARE OFFERED IN THE DINING COMMONS AND SNACK BAR/GRILL SERVICES ARE OFFERED IN THE STUDENT UNION. TEXTBOOK RENTAL SERVICES ARE PROVIDED TO ALL ENROLLED STUDENTS. EIGHT RESIDENCE HALLS AND NINE STUDENT HOUSES PROVIDE HOUSING FOR APPROXIMATELY 625 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Davis President | Officer | 40 | $168,792 |
Scott Giffen Chief Philanthropy Officer | 40 | $103,429 | |
Mark Biddinger CFO (beg 06/21) | Officer | 40 | $74,359 |
Douglas Newton At-Large | OfficerTrustee | 3 | $0 |
Kathleen Turpin Chair | OfficerTrustee | 6 | $0 |
Howard Costley Vice Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dynamic Campus Solutions Inc It Services | 5/30/22 | $1,531,416 |
3 Enrollment Marketing Marketing | 5/30/22 | $295,982 |
True Solutions Custodial Services | 5/30/22 | $358,631 |
Wiley Edu Llc Education Services | 5/30/22 | $510,592 |
Fresh Ideas Management Llc Food Services | 5/30/22 | $1,422,381 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,075 |
| Related organizations | $0 |
| Government grants | $7,853,768 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,321,723 |
| Noncash contributions included in lines 1a–1f | $264,160 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,193,566 |
| Total Program Service Revenue | $30,874,059 |
| Investment income | $625,787 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $94,315 |
| Net Gain/Loss on Asset Sales | $504,759 |
| Net Income from Fundraising Events | -$44,536 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,500,420 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,016,399 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $346,457 |
| Compensation of current officers, directors, key employees. | $94,077 |
| Compensation to disqualified persons | $35,415 |
| Other salaries and wages | $9,903,939 |
| Pension plan accruals and contributions | $257,397 |
| Other employee benefits | $1,356,096 |
| Payroll taxes | $668,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,404 |
| Fees for services: Accounting | $24,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $71,235 |
| Fees for services: Investment Management | $87,371 |
| Fees for services: Other | $3,388,320 |
| Advertising and promotion | $856,242 |
| Office expenses | $842,753 |
| Information technology | $758,220 |
| Royalties | $0 |
| Occupancy | $1,209,443 |
| Travel | $902,447 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $266,796 |
| Interest | $396,294 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,661,785 |
| Insurance | $491,538 |
| All other expenses | $683,766 |
| Total functional expenses | $42,249,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,000 |
| Savings and temporary cash investments | $4,463,063 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $489,881 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $88,558 |
| Prepaid expenses and deferred charges | $477,102 |
| Net Land, buildings, and equipment | $33,962,945 |
| Investments—publicly traded securities | $25,125,778 |
| Investments—other securities | $6,490,183 |
| Investments—program-related | $696,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $71,799,510 |
| Accounts payable and accrued expenses | $2,844,406 |
| Grants payable | $582,907 |
| Deferred revenue | $767,155 |
| 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 | $7,914,128 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,514,481 |
| Total liabilities | $13,623,077 |
| Net assets without donor restrictions | $27,243,117 |
| Net assets with donor restrictions | $30,933,316 |
| 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 | $71,799,510 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Greenville College has recieved totaling $126,290.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $45,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $37,500 |
Guidestream Charitable Gift Fund Spring Arbor, MI PURPOSE: Charitable Grant | $34,490 |
Christian College Consortium Inc Shoreview, MN PURPOSE: SCHOLARSHIP | $7,000 |
Grip Outreach For Youth Chicago, IL PURPOSE: SCHOLARSHIP FOR KOBE MITCHELL | $2,300 |
Endowment Analysis
| Beg. Balance | $31,676,358 |
| Earnings | -$1,642,793 |
| Net Contributions | $1,995,782 |
| Grants | $2,299,390 |
| Ending Balance | $29,729,957 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Campbellsville University Inc Campbellsville, KY | $197,242,279 | $142,326,474 |
Luther College Decorah, IA | $330,055,480 | $125,968,312 |
Centre College Of Kentucky Danville, KY | $677,636,297 | $215,283,093 |
Lawrence University Of Wisconsin Appleton, WI | $632,228,886 | $124,103,689 |
Lake Forest College Lake Forest, IL | $251,265,144 | $111,531,265 |
Trine University Inc Angola, IN | $221,741,150 | $121,889,140 |
Saint Marys College Notre Dame, IN | $523,384,557 | $143,002,673 |
St Norbert College Inc De Pere, WI | $336,117,917 | $103,405,590 |
Taylor University Upland, IN | $297,240,119 | $122,251,609 |
Millikin University Decatur, IL | $270,927,180 | $97,576,221 |
Wartburg College Waverly, IA | $247,960,217 | $101,117,542 |
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |