Mc Daniel College Inc is located in Westminster, MD. The organization was established in 1934. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Mc Daniel College Inc employed 864 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mc Daniel 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 05/2020, Mc Daniel College Inc generated $113.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $115.2m during the year ending 05/2020. While expenses have increased by 2.5% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
STUDENTS ARE THE FOCUS AT MCDANIEL AND PROVIDING THE IDEAL LEARNING ENVIRONMENT IS OUR GOAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNDERGRADUATE PROGRAM OF STUDY: 1,743 FULL TIME STUDENT EQUIVALENCY.MCDANIEL COLLEGE HAS A LONG HISTORY AS A SMALL PRIVATE COLLEGE OF THE LIBERAL ARTS, MCDANIEL OFFERS COURSES OF STUDY IN MORE THAN 70 AREAS, INCLUDING PRE-PROFESSIONAL PROGRAMS, TEACHING CERTIFICATION, AND OFF-CAMPUS PROGRAMS. STUDENTS MAY PURSUE TRADITIONAL, DUAL, OR DOUBLE MAJORS, OR DESIGN THEIR OWN COURSE OF STUDY.THE AVERAGE CLASS SIZE IS 14 STUDENTS; THE STUDENT-FACULTY RATIO IS 13:1, MCDANIEL HAS 128 FULL-TIME FACULTY; 95 PERCENT HOLD TERMINAL DEGREES IN THEIR DISCIPLINES, ALL COURSES AND LABORATORIES ARE TAUGHT BY REGULAR FACULTY MEMBERS, NOT TEACHING ASSISTANTS, THE COLLEGE OFFERS COUNTLESS OPPORTUNITIES FOR OFF-CAMPUS STUDY BOTH WITHIN THE UNITED STATES AND OVERSEAS, AMONG THEM: STUDY IN BUDAPEST, HUNGARY THROUGH AN AGREEMENT WITH COLLEGE INTERNATIONAL WHICH FOLLOWS MCDANIEL'S CURRICULUM,MCDANIEL IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS.
AUXILARY SERVICES: DINING HALL SERVICES FOR 1,169 STUDENTS AND RESIDENCE HALL SERVICES FOR 1,313 STUDENTS.RESIDENCE HALL - AT MCDANIEL, FIRST, SECOND AND THIRD YEAR STUDENTS ALL LIVE ON CAMPUS, IN FACT, ALL STUDENTS ARE GUARANTEED HOUSING FOR ALL FOUR YEARS, EXCEPTIONS TO THE RESIDENCY REQUIREMENTS ARE MADE FOR THOSE WHO LIVE NEARBY WITH THEIR PARENTS, ARE MARRIED, OR ARE OVER AGE 24 OR PART TIME.YOU'LL FIND A RANGE OF OPTIONS, INCLUDING CLASSIC DORM STYLE ARRANGEMENTS AND APARTMENT SUITES, STAFFED BY FRIENDLY AND CAPABLE RESIDENT ASSISTANTS, WHO ARE SUPERVISED BY PROFESSIONAL STAFF, ALL RESIDENCES ARE WIRED FOR CABLE AND THE INTERNET.DINING HALL - AT MCDANIEL, STUDENTS HAVE A WIDE RANGE OF DINING CHOICES, CHOSEN FROM A VARIETY OF MEAL PLANS DESIGNED FOR DORM, APARTMENT, OR COMMUTER STUDENT LIVING, ALL DINING LOCATIONS ARE WITHIN WALKING DISTANCE AND OFFER EXTENSIVE HOURS.
GRADUATE PROGRAM OF STUDY - FULL TIME STUDENT EQUIVALENCY 752.THE MISSION OF GRADUATE AND PROFESSIONAL STUDIES IS TO PREPARE CULTURALLY COMPETENT PROFESSIONALS COMMITTED TO LEADERSHIP IN THEIR FIELD, STUDENTS ARE PLACED IN THE CENTER OF A COMMUNITY RICH IN THE LIBERAL ARTS TRADITION, AN EMPHASIS ON THE FOUNDATION OF KNOWLEDGE ANDCRITICAL DECISION MAKING BASED ON CURRENT RESEARCH, THEORY AND PRACTICE ARE CENTRAL TO THE VARIOUS PROGRAMS.TWO GRADUATE DEGREES ARE GRANTED BY MCDANIEL COLLEGE: THE MASTER OF LIBERAL ARTS, AND THE MASTER OF SCIENCE. MCDANIEL COLLEGE IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS, THE SCHOOL IS ALSO ACCREDITED BY THE AMERICAN CHEMICAL SOCIETY, COUNCIL ON SOCIAL WORK EDUCATION, NATIONAL COUNCIL FOR ACCREDITATION OF TEACHER EDUCATION AND THE MARYLAND STATE DEPARTMENT OF EDUCATION.MCDANIEL COLLEGE GRADUATE AND PROFESSIONAL STUDIES DOES MORE THAN PREPARE TEACHERS, ADMINISTRATORS, COUNSELORS, AND A HOST OF EDUCATIONAL SPECIALISTS. AT MCDANIEL, YOU WILL FIND PROFESSIONAL PROGRAMS IN EXERCISE SCIENCE, GERONTOLOGY, AND HUMAN RESOURCE MANAGEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julianne Jasken President | Officer | 40 | $331,425 |
Roger Casey Emeritus | 40 | $282,878 | |
Janelle Holmboe VP Enrollment Mgmt. | Officer | 40 | $230,446 |
Lawrence Junkin Senior Avp Of Ia | 40 | $176,512 | |
Thomas J Zirpoli CEO Target Services | 40 | $169,115 | |
Vickie Mazer Dean Of Graduate & Prof Studies | 40 | $142,800 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aramark Management Services Physical Plant | 5/30/22 | $4,219,054 |
Whiting-turner Contracting Building Contractor | 5/30/22 | $1,105,916 |
Campus Works Inc It Services | 5/30/22 | $1,465,970 |
David Scott Robertsondba Cpm Home And O Building Contractor | 5/30/22 | $598,394 |
Whiteford Taylor Legal Contractor | 5/30/22 | $318,838 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,096,818 |
Investment income | $2,225,960 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $99,643 |
Net Gain/Loss on Asset Sales | $7,706,126 |
Net Income from Fundraising Events | $2,529 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $113,872,650 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $47,926,634 |
Grants and other assistance to Foreign Orgs/Individuals | $29,250 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,965,756 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $23,524,583 |
Pension plan accruals and contributions | $1,428,533 |
Other employee benefits | $5,605,061 |
Payroll taxes | $1,701,398 |
Fees for services: Management | $181,250 |
Fees for services: Legal | $90,550 |
Fees for services: Accounting | $91,468 |
Fees for services: Lobbying | $12,341 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,269,555 |
Fees for services: Other | $9,416,475 |
Advertising and promotion | $1,638,677 |
Office expenses | $2,745,257 |
Information technology | $391,787 |
Royalties | $0 |
Occupancy | $2,031,933 |
Travel | $486,531 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $423,655 |
Interest | $1,864,977 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,667,976 |
Insurance | $547,082 |
All other expenses | $0 |
Total functional expenses | $115,230,241 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,074 |
Savings and temporary cash investments | $16,211,419 |
Pledges and grants receivable | $1,558,638 |
Accounts receivable, net | $1,358,977 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $294,663 |
Prepaid expenses and deferred charges | $549,022 |
Investments—publicly traded securities | $82,146,293 |
Investments—other securities | $43,619,942 |
Investments—program-related | $1,355,359 |
Intangible assets | $0 |
Other assets | $5,830,143 |
Total assets | $217,534,229 |
Accounts payable and accrued expenses | $8,098,934 |
Grants payable | $0 |
Deferred revenue | $4,086,006 |
Tax-exempt bond liabilities | $41,231,646 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $5,769,860 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,992,039 |
Total liabilities | $65,178,485 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $152,355,744 |
Over the last fiscal year, we have identified 43 grants that Mc Daniel College Inc has recieved totaling $582,147.
Awarding Organization | Amount |
---|---|
Booye Mark T Charitable Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $113,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: MULTIPLE | $110,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $72,600 |
Hilda C Landers Charitable Tr Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $70,000 |
A T & Mary H Blades Foundation Inc Preston, MD PURPOSE: ENDOWED SCHOLARSHIPS | $25,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $24,785 |
Beg. Balance | $170,051,196 |
Earnings | -$10,833,963 |
Net Contributions | $1,252,325 |
Other Expense | $10,000,000 |
Grants | $8,174,990 |
Ending Balance | $142,294,568 |
Organization Name | Assets | Revenue |
---|---|---|
Howard University Washington, DC | $1,667,010,000 | $1,025,632,000 |
American University Washington, DC | $2,059,436,434 | $862,369,744 |
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
Duquesne University Of The Holy Spirit Pittsburgh, PA | $869,263,663 | $434,180,406 |
University Of Richmond Richmond, VA | $3,926,462,707 | $713,801,637 |
Catholic University Of America Washington, DC | $943,835,203 | $334,648,312 |
Bucknell University Lewisburg, PA | $1,702,706,536 | $331,765,475 |
Loyola University Maryland Inc Baltimore, MD | $700,282,931 | $288,447,259 |
University Of Scranton Scranton, PA | $640,906,842 | $255,085,812 |
Widener University Chester, PA | $372,673,637 | $243,095,055 |
Delaware State University Dover, DE | $471,247,109 | $212,915,533 |