Great Lakes Colleges Association Inc
- Assets
- $22.3m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Ann Arbor, MI
- Founding
- 05/1962
- Data as of
- 06/2021
- EIN
- 38-1678376
Organization Overview
Great Lakes Colleges Association Inc, operating under the name Glca, is located in Ann Arbor, MI. The organization was established in 1962. 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, Glca employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glca 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, Glca generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.9%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Glca has awarded 87 individual grants totaling $4,615,844. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN GENERAL TO PROMOTE AND CARRY ON OBJECTIVES EXCLUSIVELY OF A CHARITABLE, SCIENTIFIC, OR EDUCATIONAL NATURE, AND IN PARTICULAR, TO PROMOTE THE EDUCATIONAL ADVANCEMENT AND THE ADMINISTRATIVE EFFICIENCY OF THE MEMBER INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MELLON GLOBAL CROSSROADS GRANT - GRANT THAT SUPPORTS INCREASED GLOBALIZATION AND COLLABORATION ACROSS OUR GLCA CAMPUSES - PROVIDES FUNDING FOR GLOBAL AND INTERNATIONAL PROGRAMS FOR FACULTY AND STAFF PROFESSIONAL DEVELOPMENT, RESEARCH AND CAMPUS PROGRAMS
GLOBAL LIBERAL ARTS ALLIANCE (GLAA) GRANT THAT SUPPORTS INTERNATIONAL PROGRAMS OF A COLLABORATIVE NATURE BETWEEN MULTIPLE GLCA AND GLAA INSTITUTIONS.
OTHER PROGRAM SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mcdonald President | Officer | 40 | $243,300 |
Derek Vaughan Vice President | Officer | 40 | $155,637 |
Gregory Wegner Director Of Program Development | 40 | $137,300 | |
Simon Gray Program Officer | 40 | $111,500 | |
Sean Decatur Chair | OfficerTrustee | 0.5 | $0 |
Adam Weinberg Vice Chair | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $138,215 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,215 |
| Total Program Service Revenue | $853,428 |
| Investment income | $390,873 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,500 |
| Net Gain/Loss on Asset Sales | $771,025 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,158,041 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $225,578 |
| Grants and other assistance to domestic individuals. | $23,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,458 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $432,000 |
| Compensation of current officers, directors, key employees. | $138,680 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,654 |
| Pension plan accruals and contributions | $60,422 |
| Other employee benefits | $29,627 |
| Payroll taxes | $38,652 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $144 |
| Fees for services: Other | $6,864 |
| Advertising and promotion | $0 |
| Office expenses | $1,902 |
| Information technology | $6,140 |
| Royalties | $0 |
| Occupancy | $94,154 |
| Travel | $1,914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,956 |
| Insurance | $19,416 |
| All other expenses | $1,064 |
| Total functional expenses | $1,543,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,421,502 |
| Savings and temporary cash investments | $2,761,214 |
| Pledges and grants receivable | $69,142 |
| Accounts receivable, net | $453,403 |
| 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 | $32,356 |
| Net Land, buildings, and equipment | $37,385 |
| Investments—publicly traded securities | $17,542,368 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,816 |
| Total assets | $22,324,186 |
| Accounts payable and accrued expenses | $1,335,833 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,335,833 |
| Net assets without donor restrictions | $8,016,460 |
| Net assets with donor restrictions | $12,971,893 |
| 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 | $22,324,186 |
Grants Awarded
Over the last fiscal year, Great Lakes Colleges Association Inc has awarded $225,578 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, IN PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $75,500 |
Meadville, PA PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $46,325 |
Wooster, OH PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $42,012 |
Delaware, OH PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $24,129 |
Albion, MI PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $23,056 |
Greencastle, IN PURPOSE: GRANTS TO PROVIDE CAMPUS RELEASE TIME FOR FACULTY LIAISONS PLUS INDIVIDUAL GRANTS TO FACULTY FOR RESEARCH &/OR TEACHING | $9,572 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Great Lakes Colleges Association Inc has recieved totaling $69,142.
| Awarding Organization | Amount |
|---|---|
The Endeavor Foundation Inc New York, NY PURPOSE: GLOBAL LIBERAL ARTS ALLIANCE STRATEGIC INNOVATION FUND | $69,142 |
Endowment Analysis
| Beg. Balance | $14,424,622 |
| Earnings | $3,729,952 |
| Admin Expense | $40,075 |
| Other Expense | $572,133 |
| Ending Balance | $17,542,366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baker College Flint, MI | $33,908,610 | $19,974,450 |
Baker College Flint, MI | $26,174,553 | $16,788,668 |
Calumet College Whiting, IN | $23,910,768 | $16,116,296 |
Bellin College Inc Green Bay, WI | $39,042,736 | $15,163,582 |
Wilberforce University Wilberforce, OH | $28,180,485 | $40,652,171 |
Grace Christian University Wyoming, MI | $13,530,874 | $15,083,160 |
Art Academy Of Cincinnati Cincinnati, OH | $6,583,513 | $9,495,180 |
Pontifical College Josephinum Columbus, OH | $57,627,425 | $9,311,900 |
Baker College Flint, MI | $15,732,306 | $4,978,817 |
Kuyper College Grand Rapids, MI | $13,506,417 | $6,841,093 |
Gods Bible School College And Missionary Training Home Cincinnati, OH | $9,412,262 | $6,100,308 |
Michigan Colleges Alliance Southfield, MI | $5,177,739 | $4,811,451 |