EIN 38-1459365

Olivet College

IRS 501(c) type
501(c)(3)
Num. employees
505
City
Year formed
1920
Most recent tax filings
2022-06-01
Description
To provide a unique liberal arts education allowing students to engage in both curricular and co-curricular programs that combine real world experiences with lectures and service learning. To provide a liberal arts education.
Total revenues
$41,045,976
2022
Total expenses
$40,347,156
2022
Total assets
$55,278,439
2022
Num. employees
505
2022

Program areas at Olivet College

Financial aid in various forms to assist individuals in financing their undergrauate education. 831 students benefitted.
Instruction and related support- providing a liberal arts undergraduate education. 843 undergraduate students enrolled in fiscal year 2021-2022.
Auxiliary- room, board, athletics and bookstore for students obtaining their undergraduate education.
Non-educational events for students:
Co-curricular programs offered to
Students this includes athletics and
Student life events to enhance the
Educational experience.

Who funds Olivet College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$775,500
Michigan Colleges AllianceEducation$303,516
The Steven F and Melinda I Roznowski FoundationCapital Campaign$150,000
...and 20 more grants received totalling $1,510,047
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$6,381,191
Department of EducationEDUCATION STABILIZATION FUND$2,921,136
Department of EducationEDUCATION STABILIZATION FUND$1,858,248
...and 5 more federal grants / contracts

Personnel at Olivet College

NameTitleCompensation
Mark DeruiterVice President and Chief Financial Officer$137,764
Ryan ShockeyVice President and Chief Of...$101,429
Delstene AtkinsonSpecial Assistant for Strategic Academic Initiatives$99,373
Vicki StoufferBoard Member$66,311
Daniel GreenInterim Vice President of Enrollment Management
...and 24 more key personnel

Financials for Olivet College

RevenuesFYE 06/2022
Total grants, contributions, etc.$8,013,881
Program services$31,504,193
Investment income and dividends$526,814
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$938,833
Net income from fundraising events$-1,792
Net income from gaming activities$5,712
Net income from sales of inventory$30,307
Miscellaneous revenues$28,028
Total revenues$41,045,976

Form 990s for Olivet College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-02-09990View PDF
2020-062021-05-05990View PDF
2019-062021-01-21990View PDF
2018-062019-08-16990View PDF
2017-062018-05-14990View PDF
...and 7 more Form 990s

Organizations like Olivet College

OrganizationLocationRevenue
Brevard College CorporationBrevard, NC$40,087,405
Quincy University CorporationQuincy, IL$50,168,607
Lincoln Christian University (LCU)Lincoln, IL$11,063,987
Carroll CollegeHelena, MT$65,024,048
Marian UniversityFond Du Lac, WI$44,467,822
Waynesburg UniversityWaynesburg, PA$58,603,986
Grace Christian UniversityWyoming, MI$16,344,303
Academy of the New Church Secondary Schools (ANCSS)Bryn Athyn, PA$52,913,341
Greenville UniversityGreenville, IL$45,500,420
Stonehill CollegeNorth Easton, MA$175,947,145
Data update history
July 11, 2023
Used new vendors
Identified 3 new vendors, including , , and
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
May 10, 2023
Used new vendors
Identified 4 new vendors, including , , , and
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Amerisure Charitable Foundation
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
320 S Main St
Olivet, MI 49076
Metro area
Lansing-East Lansing, MI
Website URL
olivetcollege.edu/ 
Phone
(269) 749-7000
Facebook page
OlivetCollege 
Twitter profile
@olivetcollege 
IRS details
EIN
38-1459365
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1920
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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