Emory & Henry College is located in Emory, VA. The organization was established in 1970. 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, Emory & Henry College employed 720 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emory & Henry 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 06/2021, Emory & Henry College generated $70.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $62.7m during the year ending 06/2021. While expenses have increased by 2.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WITH A MISSION STATEMENT FOUNDED UPON "INCREASE IN EXCELLENCE", THE COLLEGE IS CONSISTENTLY RANKED AMONG THE NATION'S BEST PRIVATE LIBERAL ARTS INSTITUTIONS. EMORY & HENRY COLLEGE IS AMONG THE TOP 40 INSTITUIONS IN THE NATION THAT TRANSFORMS STUDENTS LIVES. AS NOTED IN ONE OF THE NATION'S BEST SELLING COLLEGE GUIDE BOOKS, "VIRGINIA HAS NO SHORTAGE OF FAMILIAR SCHOOLS WITH ROBUST REPUTATIONS. BUT EMORY & HENRY DOES THE FINEST JOB OF THEM ALL PRODUCING CONTRIBUTORS TO SOCIETY" (OSWOLS, COLLEGES THAT CHANGE LIVES). AMONG OTHER TOP RANKINGS, THE INSTITUTION IS RECOGNIZED FOR ITS SERVICE TO COMMUNITIES AND RECEIVED TOP TIER RECOGNITION IN THE WASHINGTON MONTHLY, US NEWS AND WORLD REPORT, NEWSWEEK AND MANY OTHER PUBLICATIONS. MOST RECENTLY, IT WAS NAMED A TOP 25 RURAL COLLEGE IN THE NATION BY COLLEGE RAPTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
E&H COLLEGE PROVIDED FORMAL INSTRUCTION AND RELATED ACADEMIC SUPPORT FOR 1,169 FULL-TIME EQUIVALENT UNDERGRADUATE AND GRADUATE STUDENTS TOWARD THE FULFILLMENT OF BACHELOR OF SCIENCE AND BACHELOR OF ART DEGREES IN A VARIETY OF FIELDS OF STUDY, AS WELL AS GRADUATE DEGREES IN PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND PHYSICIAN ASSISTANCE. THE COLLEGE'S UNDERGRADUATE ACADEMIC PROGRAM IS SHAPED BY GOALS TO DEVELOP THE STUDENTS' INTELLECTUAL ABILITIES, TO STRENGTHEN THEIR ABILITY TO THINK CRITICALLY ABOUT ETHICAL DECISIONS AND RESPONSIBLE ACTIONS, TO EVOKE A COMMITMENT TO SERVE OTHERS, AND TO NURTURE THEIR CURIOSITY THROUGH LIFELONG LEARNING. STUDENT FINANCIAL AID WAS PROVIDED TO MOST UNDERGRADUATE STUDENTS THROUGH A VARIETY OF SCHOLARSHIPS AND GRANTS, SUPPORTING THE PURSUIT OF DEGREES. FORMAL CLASSROOM INSTRUCTION WAS PROVIDED BY FACULTY MEMBERS IN SMALL CLASSROOM SETTINGS. TO ENHANCE THE ACADEMIC EXPERIENCE FOR STUDENTS, SERVICES WERE PROVIDED THROUGH THE LIBRARY, THE POWELL RESOURCE CENTER(FOR ACADEMC COUNSELING, PERSONAL COUNSELING, SKILL DEVELOPMENT, TESTING RESOURCES, TUTORING, WORKSHOPS, AND ACADEMIC ACCOMMODATIONS FOR STUDENTS WITH DOCUMENTED DISABILITIES), THE AMPERSAND CENTER (PROJECT LEARNING AND CAREER COUNSELING), AND THE OFFICE OF THE ACADEMIC DEAN. WRITING LABS AND QUANTITATIVE LABS WERE AVAILABLE TO STUDENTS ON AN ONGOING BASIS.
AUXILIARY SERVICES WERE PROVIDED TO ALL STUDENTS. AS A PRIMARILY RESIDENTIAL CAMPUS, MOST UNDERGRADUATE STUDENTS WERE PROVIDED HOUSING AND MEALS. THE MERCANTILE CONTINUED TO PROVIDE BOOKS, ART AND SCHOOL SUPPLIES, MEDICAL EQUIPMENT AND ESSENTIAL GROCERY AND HEALTH PRODUCTS TO STUDENTS FOR THEIR CONVENIENCE.
VARIOUS SERVICES WERE PROVIDED TO STUDENTS THROUGH MANY PROGRAMS AND OFFICES, INCLUDING INTRAMURAL SPORTS, GENERAL ATHLETICS, THE OUTDOOR PROGRAM, SPIRITUAL LIFE, THE MARTIN BROCK STUDENT CENTER, ADMISSIONS, FINANCIAL AID, THE REGISTRAR, THE STUDENT HEALTH CENTER, THE APPALACHIAN CENTER FOR COMMUNITY SERVICE, THE BONNER PROGRAM, THE CENTRALIZED STUDENT ASSISTANCE OFFICE, AND THE OFFICE OF THE DEAN OF STUDENTS. MOST STUDENTS RECEIVED SOME FORM OF FINANCIAL AID THROUGH VARIOUS SCHOLARSHIPS AND GRANTS, PROVIDING THE OPPORTUNITY TO PURSUE DEGREES. CAMPUS EMPLOYMENT AND INTERNSHIPS WERE MADE AVAILABLE TO MANY STUDENTS, PROVIDING FINANCIAL RESOURCES AND VALUABLE WORK EXPERIENCES. MANY COMMUNITY SERVICE OPPORTUNITIES WERE PROVIDED THROUGH THE APPALACHIAN CENTER, THE OUTDOOR PROGRAM, AND THE CHAPLAIN'S OFFICE. THE COLLEGE'S EQUESTRIAN RIDING TEAM CONTINUED TO BE SUCCESSFUL, OFFERING OPPORTUNITIES FOR STUDENTS TO GAIN EXPERTISE IN THE HUNTER, JUMPER, AND DRESSAGE AREAS. RIDING IS OPEN TO ALL STUDENTS AT EMORY & HENRY, REGARDLESS OF THEIR MAJOR OR LEVEL OF RIDING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John W Wells President | OfficerTrustee | 40 | $218,049 |
Ada L Fincher Dean | 40 | $163,097 | |
Glen L Irion Professor | 40 | $131,448 | |
Jean M Irion Professor | 40 | $126,593 | |
Jennifer Pearce VP Mktg And Comm | 40 | $122,416 | |
Christy Mcghee Professor | 40 | $121,223 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sodexo Inc Affiliates Food Service Provider | 6/29/21 | $2,096,317 |
Ja Street Associates General Contractor | 6/29/21 | $666,300 |
Jenzabar Software | 6/29/21 | $391,134 |
National Management Resources Facilities Service Provider | 6/29/21 | $1,954,964 |
Apogee Telecom Internet Service Provider | 6/29/21 | $800,531 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,318,397 |
All other contributions, gifts, grants, and similar amounts not included above | $6,571,178 |
Noncash contributions included in lines 1a–1f | $2,103,494 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,889,575 |
Total Program Service Revenue | $48,916,107 |
Investment income | $1,007,589 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,750,036 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $70,928,101 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $21,883,436 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $15,527,667 |
Pension plan accruals and contributions | $220,100 |
Other employee benefits | $1,862,939 |
Payroll taxes | $1,096,485 |
Fees for services: Management | $0 |
Fees for services: Legal | $52,521 |
Fees for services: Accounting | $79,365 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $516,675 |
Fees for services: Other | $270,573 |
Advertising and promotion | $214,393 |
Office expenses | $1,367,932 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,828,798 |
Travel | $274,180 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,794,279 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,278,515 |
Insurance | $511,550 |
All other expenses | $425,677 |
Total functional expenses | $62,704,582 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,673 |
Savings and temporary cash investments | $16,837,096 |
Pledges and grants receivable | $1,301,658 |
Accounts receivable, net | $1,733,117 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $738,340 |
Inventories for sale or use | $442,094 |
Prepaid expenses and deferred charges | $237,074 |
Net Land, buildings, and equipment | $133,834,161 |
Investments—publicly traded securities | $84,312,286 |
Investments—other securities | $28,371,109 |
Investments—program-related | $3,743,637 |
Intangible assets | $0 |
Other assets | $3,760,879 |
Total assets | $275,319,124 |
Accounts payable and accrued expenses | $1,966,228 |
Grants payable | $668,939 |
Deferred revenue | $1,236,384 |
Tax-exempt bond liabilities | $3,423,717 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $64,598,700 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,569,170 |
Total liabilities | $73,463,138 |
Net assets without donor restrictions | $81,416,204 |
Net assets with donor restrictions | $120,439,782 |
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 | $275,319,124 |
Over the last fiscal year, we have identified 1 grants that Emory & Henry College has recieved totaling $8,000.
Awarding Organization | Amount |
---|---|
Alma Morelock Charitable Trust Dallas, TX PURPOSE: ELIZABETH, ALMA & PHIL | $8,000 |
Beg. Balance | $91,060,429 |
Earnings | $28,041,013 |
Net Contributions | $591,158 |
Other Expense | $1,487,335 |
Grants | $2,921,559 |
Ending Balance | $115,283,706 |
Organization Name | Assets | Revenue |
---|---|---|
Campbellsville University Inc Campbellsville, KY | $197,242,279 | $142,326,474 |
Centre College Of Kentucky Danville, KY | $677,636,297 | $215,283,093 |
Roanoke College Salem, VA | $354,210,741 | $126,475,040 |
Goucher College Baltimore, MD | $394,278,148 | $93,748,228 |
Lee University Cleveland, TN | $200,405,989 | $108,753,431 |
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Lenoir-Rhyne University Hickory, NC | $251,750,614 | $101,403,823 |
Randolph-Macon College Ashland, VA | $426,120,167 | $119,204,346 |
Bridgewater College Bridgewater, VA | $220,158,848 | $86,618,271 |
Trevecca Nazarene University Nashville, TN | $238,062,092 | $96,180,255 |
Washington College Chestertown, MD | $509,587,236 | $93,610,957 |
Hampden-Sydney College Hampdensydney, VA | $332,900,116 | $118,845,969 |