Associated Colleges Of The South Inc

Organization Overview

Associated Colleges Of The South Inc is located in Atlanta, GA. The organization was established in 1992. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Colleges Of The South 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 06/2022, Associated Colleges Of The South Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 2.7% 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.

Since 2015, Associated Colleges Of The South Inc has awarded 88 individual grants totaling $2,365,906. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ASSOCIATED COLLEGES OF THE SOUTH SEEKS TO CHAMPION AND ENHANCE RESIDENTIAL LIBERAL ARTS EDUCATION THROUGH COLLABORATIVE PROJECTS AMONG ITS SIXTEEN MEMBER INSTITUTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FACULTY PROGRAM: THE FACULTY PROGRAM INCLUDES WORKSHOPS THAT FOCUS ON TEACHING METHODS AS OPPOSED TO DISCIPLINARY CONTENT. THE FACULTY PROGRAM ALSO INCLUDES GRANTS GIVEN TO ASSIST FACULTY IN REFINING COURSES, TEACHING NEW SKILLS AND APPROACHES, AND ADVANCING RESEARCH EFFORTS.


DIVERSITY PROGRAM: THE DIVERSITY PROGRAM ACKNOWLEDGES THE LACK OF RACIAL DIVERSITY AMONG THE FACULTY AND STAFF OF THE ASSOCIATION'S INSTITUTIONS AND PROPOSES WAYS TO ADDRESS AND IMPROVE THAT SITUATION. THE ASSOCIATION HELD MEETINGS WITH REPRESENTATIVES OF THE MEMBER INSTITUTIONS. THE FINDINGS OF THE PROGRAM ARE INCORPORATED INTO THE ASSOCIATION'S STRATEGIC PLAN.


MEMBER SERVICES: MEMBER SERVICES ENCOMPASSES ALL OF THE WORK THE ASSOCIATION DOES FOR ITS MEMBER INSTITUTIONS, OTHER THAN THE FACULTY AND DIVERSITY PROGRAMS. CURRENTLY, MEMBER SERVICES INCLUDES THE TUITION EXCHANGE PROGRAM, RELATIONSHIP BUILDING WITH MEMBER INSTITUTIONS, AND MEETINGS OF SENIOR ADMINISTRATIVE OFFICERS AT THE COLLEGES FOR NETWORKING AND COST-SAVINGS INITIATIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Fabritius
President
$224,400
Wofford Oliver Douglas
Chief Financial Officer
$127,500
Daniel Colman
Chair
$0
William Dudley
Secretary
$0
Christopher Holoman
Treasurer
$0
Carol E Quillen
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$576,000
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,500,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,076,000
Total Program Service Revenue$211,122
Investment income $80,227
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $101,854
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,469,203

Grants Awarded

Over the last fiscal year, Associated Colleges Of The South Inc has awarded $187,925 in support to 5 organizations.

Grant RecipientAmount

FURMAN UNIVERSITY

Org PageRecipient Profile

Greenville, SC

PURPOSE: EDUCATION

$72,400

Danville, KY

PURPOSE: EDUCATION

$48,437

UNIVERSITY OF THE SOUTH

PURPOSE: EDUCATION

$32,720

BIRMINGHAM SOUTHERN COLLEGE

Org PageRecipient Profile

Birmingham, AL

PURPOSE: EDUCATION

$19,008

WASHINGTON AND LEE UNIVERSITY

Org PageRecipient Profile

Lexington, VA

PURPOSE: EDUCATION

$15,360
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Associated Colleges Of The South Inc has recieved totaling $1,350,000.

Awarding OrganizationAmount
Andrew W Mellon Foundation

New York, NY

PURPOSE: TO SUPPORT AN INITIATIVE THAT EXPANDS TRAINING IN INCLUSIVE PEDAGOGY AND COLLABORATIVE INSTRUCTION

$1,350,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,406,121
Earnings-$365,763
Other Expense-$150,000
Ending Balance$2,890,358

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