Emmanuel College
- Assets
- $33.2m
- Revenue
- $27.3m
- Investments
- $0.0
- Employees
- 437
- Location
- Franklin Springs, GA
- Founding
- 10/1964
- Data as of
- 06/2022
- EIN
- 58-0633977
Organization Overview
Emmanuel College is located in Franklin Springs, GA. The organization was established in 1964. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Emmanuel College employed 437 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emmanuel 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, Emmanuel College generated $27.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $26.1m during the year ending 06/2022. While expenses have increased by 2.1% 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
COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF EMMANUEL COLLEGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ron White President | 40 | $149,789 | |
Bishop Ad Beacham Jr Trustee | Trustee | 0.5 | $0 |
Bishop Tim Lamb Trustee | Trustee | 0.5 | $0 |
Rev Abel E Palomo Trustee | Trustee | 0.5 | $0 |
Mr Phillip Bowen Trustee | Trustee | 0.5 | $0 |
Dr Kevin Arthur Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,074,129 |
| Noncash contributions included in lines 1a–1f | $18,302 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,074,129 |
| Total Program Service Revenue | $21,165,192 |
| Investment income | $53,767 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $213,491 |
| Net Gain/Loss on Asset Sales | $470 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,286,390 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,363,331 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,789 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,628,233 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $981,201 |
| Payroll taxes | $514,066 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,070 |
| Fees for services: Accounting | $34,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,718 |
| Advertising and promotion | $202,466 |
| Office expenses | $89,868 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $748,446 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,091 |
| Interest | $361,666 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $865,648 |
| Insurance | $274,341 |
| All other expenses | $2,684,727 |
| Total functional expenses | $26,119,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,340 |
| Savings and temporary cash investments | $1,542,794 |
| Pledges and grants receivable | $300 |
| Accounts receivable, net | $1,824,627 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $79,784 |
| Prepaid expenses and deferred charges | $110,377 |
| Net Land, buildings, and equipment | $27,565,575 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,112,026 |
| Total assets | $33,236,823 |
| Accounts payable and accrued expenses | $1,110,417 |
| 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 | $8,704,890 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,815,307 |
| Net assets without donor restrictions | $19,218,826 |
| Net assets with donor restrictions | $4,202,690 |
| 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 | $33,236,823 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Emmanuel College has recieved totaling $364,349.
| Awarding Organization | Amount |
|---|---|
Wellons Family Foundation Morehead City, NC PURPOSE: GENERAL FUND | $156,500 |
Charles Russell Wellons Foundation Durham, NC PURPOSE: EDUCATION | $60,000 |
Usa Triathlon Foundation Colorado Springs, CO PURPOSE: See Part IV | $35,000 |
Usa Triathlon Foundation Colorado Springs, CO PURPOSE: See Part IV | $35,000 |
The Stephens Endowment Morganton, NC PURPOSE: OPERATIONS | $15,000 |
Midway Usa Foundation Inc Columbia, MO PURPOSE: TO FUND YOUTH SHOOTING SPORTS | $11,913 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eckerd College St Petersburg, FL | $226,479,498 | $127,879,721 |
Anderson University Anderson, SC | $269,873,980 | $130,183,026 |
Wofford College Spartanburg, SC | $486,613,567 | $116,076,279 |
Palm Beach Atlantic University Inc West Palm Beach, FL | $243,912,659 | $119,213,584 |
Spelman College Atlanta, GA | $855,779,306 | $182,970,731 |
Ringling College Of Art And Design Inc Sarasota, FL | $401,598,018 | $119,229,866 |
Lee University Cleveland, TN | $200,405,989 | $108,753,431 |
Morehouse College Atlanta, GA | $491,950,493 | $206,029,432 |
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Lenoir-Rhyne University Hickory, NC | $251,750,614 | $101,403,823 |
Trevecca Nazarene University Nashville, TN | $238,062,092 | $96,180,255 |
Bethune-Cookman University Daytona Beach, FL | $214,110,723 | $117,726,569 |