Clinton College is located in Rock Hill, SC. The organization was established in 1996. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Clinton College employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clinton 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, Clinton College generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $7.8m during the year ending 06/2022. While expenses have increased by 14.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CLINTON COLLEGE WAS FOUNDED IN 1894 BY THE AFRICAN METHODIST EPISCOPAL (AME) ZION CHURCH AS A PRIVATE LIBERAL ARTS INSTITUTION. THE COLLEGE IS COMMITTED TO FACILITATING SUTDENTS' ACADEMIC ACHIEVEMENT, MORAL AND SPIRITUAL GROWTH, LEADERSHIP DEVELOPMENT, AND CITIZENSHIP IN A GLOBAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINTON COLLEGE IS SUCCESSFULLY MEETING ITS MISSION OF PROVIDING A LEARNING MILIEU FOR STUDENTS TO PROMOTE ACADEMIC ACHIEVEMENT AND POSITIVE MORAL AND SPIRITUAL DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bishop Keeneth Monroe Trustee | Trustee | 0 | $0 |
Bishop George Battle Trustee | Trustee | 0 | $0 |
Rev Sandra Hbenton Trustee | Trustee | 0 | $0 |
Rev Sharon Browning Trustee | Trustee | 0 | $0 |
Rev Robert Christian Trustee | Trustee | 0 | $0 |
Rev William Cox Trustee | Trustee | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Perkins Management Food Service Providers | 6/29/19 | $392,883 |
Mp Computers Technology Support | 6/29/19 | $143,216 |
Majestic Security Security Services | 6/29/19 | $114,926 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $9,978,391 |
All other contributions, gifts, grants, and similar amounts not included above | $749,158 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,727,549 |
Total Program Service Revenue | $477,255 |
Investment income | $26,310 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,231,114 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
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 | $3,431,788 |
Pension plan accruals and contributions | $11,221 |
Other employee benefits | $190,386 |
Payroll taxes | $287,011 |
Fees for services: Management | $0 |
Fees for services: Legal | $35,477 |
Fees for services: Accounting | $40,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $223,801 |
Advertising and promotion | $137,915 |
Office expenses | $372,745 |
Information technology | $426,720 |
Royalties | $0 |
Occupancy | $552,289 |
Travel | $149,319 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $150 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $312,212 |
Insurance | $41,696 |
All other expenses | $701,104 |
Total functional expenses | $7,760,636 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,141,363 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $94,642 |
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 | $3,489 |
Net Land, buildings, and equipment | $3,731,286 |
Investments—publicly traded securities | $541,754 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,293,177 |
Total assets | $9,805,711 |
Accounts payable and accrued expenses | $205,408 |
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 | $205,408 |
Net assets without donor restrictions | $9,533,836 |
Net assets with donor restrictions | $66,467 |
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 | $9,805,711 |