Cause IQ organization profile

Spelman College

Spelman College is a college based in Atlanta, GA that was founded in 1881. As of 2018 they had $168 million in revenue and $615 million in assets.

We are dedicated to academic excellence in the liberal arts and sciences and the intellectual, creative, ethical, and leadership development of its students.

EIN:

58-0566243

City:

Atlanta

State:

Georgia

Website:

spelman.edu

Phone:

404-681-3643

Facebook:

facebook.com/SpelmanCollege

Twitter:

@spelmancollege

Founded:

1881

Type:

501(c)(3)

NTEE:

B42: Undergraduate colleges

Revenue:

$168,157,416

Assets:

$615,801,515

Employees:

1,560

Fiscal year end:

June

Revenue trends:

Asset trends:

Program areas at Spelman College

Instruction founded in 1881, Spelman College is a private, nonprofit institution of higher education based in atlanta, Georgia. The College is accredited by the commission on colleges of the southern association of colleges and schools and provides quality liberal arts education and training services for approximately 2,100 undergraduate students. In addition, the College maintains special programs such as continuing education, summer science and dual degrees in engineering.

Research Spelman College performs research, training and other similar services under grants with governmental agencies or sponsoring organizations.

Auxiliary enterprises as a residential liberal arts College, Spelman College provides on campus housing for approximately 1,400 students. Spelman also provides dining services to its residential students, as well as commuter students, faculty, staff and others. Spelman operates a 500 space parking deck for faculty, staff, and students. Additionally, Spelman offers a variety of summer conferences for high school students and other interested students.

Form 990s for Spelman College

Fiscal year ending	Date received by IRS	Form	PDF link
2018-06	Jun 19, 2019	990	View PDF
2017-06	Oct 16, 2018	990	View PDF
2016-06	Sep 27, 2017	990	View PDF
2015-06	Aug 1, 2016	990	View PDF
2014-06	Jul 22, 2015	990	View PDF
...and four more Form 990 PDFs

Financials for Spelman College

Field	2018	2017	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$8,000,000	$0	999%
Government grants (contributions)	$7,839,000	$7,235,315	8.3%
Normal grants, contributions, etc.	$36,439,096	$12,050,590	202.4%
<em>Non-cash contributions included in above</em>	$129,690	$120,407	7.7%
Total grants, contributions, etc.	$52,278,096	$19,285,905	171.1%

Field	2018	2017	% Change
Total grants, contributions, etc.	$52,278,096	$19,285,905	171.1%
Program services	$80,721,017	$77,664,306	3.9%
Investment income and dividends	$3,713,446	$2,904,082	27.9%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$30,360,773	$18,162,804	67.2%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$1,084,084	$986,998	9.8%
Total revenues	$168,157,416	$119,004,095	41.3%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$174,824	$259,392	-32.6%
Grants to individuals in USA	$19,519,517	$17,472,928	11.7%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$2,565,306	$2,171,327	18.1%
Compensation not included above, to disqualified persons	$375,065	$673,211	-44.3%
Non-officer salaries and wages	$38,053,171	$37,754,786	0.8%
Pension/retirement accruals and contributions	$2,081,000	$1,975,260	5.4%
Other employee benefits	$6,250,972	$6,309,310	-0.9%
Payroll taxes	$2,905,626	$2,821,966	3.0%
Management fees	$0	$0
Legal fees	$547,579	$593,212	-7.7%
Accounting fees	$282,766	$288,246	-1.9%
Lobbying fees	$66,000	$60,658	8.8%
Pro. fundraising fees	$172,061	$53,406	222.2%
Investment mgmt fees	$1,601,851	$1,571,398	1.9%
Other fee-for-service	$7,614,113	$7,149,759	6.5%
Advertising and promotion	$0	$0
Office expenses	$3,751,113	$3,843,038	-2.4%
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$4,016,765	$4,100,773	-2.0%
Travel	$2,769,776	$2,273,237	21.8%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$2,502,160	$2,665,643	-6.1%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$4,016,653	$5,316,375	-24.4%
Insurance	$1,627,612	$1,668,679	-2.5%
All other expenses	$18,350,849	$14,836,711	23.7%
Total expenses	$119,244,779	$113,859,315	4.7%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$30,568,375	$25,729,033	18.8%
Pledges and grants receivable	$28,892,802	$5,917,349	388.3%
Accounts receivable	$1,598,648	$1,721,247	-7.1%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$163,192,046	$163,231,591	-0.0%
Investments, publicly traded securities	$40,919,219	$52,026,988	-21.4%
Investments, other securities	$348,487,583	$314,199,720	10.9%
Investments, program-related	$1,100,031	$1,371,996	-19.8%
Intangible assets	$0	$0
Other assets	$1,042,811	$1,014,009	2.8%
Total assets	$615,801,515	$565,211,933	9.0%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$11,860,654	$13,347,782	-11.1%
Grants payable	$0	$0
Deferred revenue	$626,611	$659,171	-4.9%
Tax-exempt bond liabilities	$75,617,118	$80,359,815	-5.9%
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$1,151,592	$1,616,525	-28.8%
Total liabilities	$89,255,975	$95,983,293	-7.0%

Field	2018	2017	% Change
Unrestricted net assets	$154,661,383	$145,416,445	6.4%
Temporarily restricted net assets	$244,124,875	$199,777,921	22.2%
Permanently restricted net assets	$127,759,282	$124,034,274	3.0%

Vendors for Spelman College

Vendor	Services	Amount paid	Date
Martin Harps Syphoe and Company	Audit accounting		2020-02-11
████ ███	Tax accounting		2019-05-06
█████████ ██████████ ███████ ██ ███	Fundraising Consultant	$85,812	2018-06-01
███████████	Fundraising Management	$5,000	2018-06-01
███████ ████████ ███	Automation Services	$1,207,429	2018-06-01
██████████ █████ ██████████ ███	Investment Managers	$1,155,975	2018-06-01
██████ ████ ██████████ ███	Design Services	$1,108,472	2018-06-01
███████ ██████	Dining	$5,026,152	2018-06-01
...and four more vendors

Personnel at Spelman College

Name	Title	Compensation	Most recent data
Cynthia E. Jackson, C81	President and Chief Executive Officer , Workforce Loyalty , LLC / President and CEO, Workforce Loyalty, LLC	-	July 14, 2020
Mario Berry	Vice President and Chief Information Officer	$133,408	June 30, 2018
█████ ██ ██████████	Chief of Staff To the President and Associate Vice President for Title Iii and Government Relations	$156,427	July 14, 2020
██████ ██ ██████	Vice President for Institutional Advancement	$226,370	July 14, 2020
████ ██████	Vice President , Business and Financial Affairs , and Chief Financial Officer / Director , and Contracts	-	July 14, 2020
██████ ██ █████	Vice President for Enrollment Management Ihayes 1 @spelman.edu	$161,403	July 14, 2020
██████ ██ █████████ █████	Vice President for Student Affairs	-	July 14, 2020
████ ██ ████████ █████	Institutional Research , Planning and Effectiveness / Vice President Institutional Research / Institutional Research, Planning and Effectiveness	$204,491	July 14, 2020
███████ ███████ ███████	Vice Provost for Faculty Support	-	June 16, 2020
████ ███████ ████████	President	$425,520	June 30, 2018
...and 27 more key personnel

Peer undergraduate colleges

	Name	Type	Revenue	Location
1	Reinhardt University	501(c)(3)	$43 million	Waleska, GA
2	Young Harris College (YHC)	501(c)(3)	$51 million	Young Harris, GA
3	LaGrange College	501(c)(3)	$45 million	Lagrange, GA
4	Berry College	501(c)(3)	$147 million	Mount Berry, GA
5	Morehouse College	501(c)(3)	$120 million	Atlanta, GA
6	Agnes Scott College	501(c)(3)	$65 million	Decatur, GA
7	Wartburg College	501(c)(3)	$84 million	Waverly, IA
8	Virginia Wesleyan University	501(c)(3)	$64 million	Virginia Beach, VA
9	Mount St Joseph University	501(c)(3)	$58 million	Cincinnati, OH
10	Simpson College	501(c)(3)	$67 million	Indianola, IA
11	Daemen College	501(c)(3)	$75 million	Amherst, NY
12	Dickinson College	501(c)(3)	$209 million	Carlisle, PA
13	Ohio Wesleyan University (OWU)	501(c)(3)	$120 million	Delaware, OH
14	Harvey Mudd College	501(c)(3)	$112 million	Claremont, CA
15	The Culinary Institute of America (CIA)	501(c)(3)	$172 million	Hyde Park, NY
16	The New School	501(c)(3)	$530 million	New York, NY
17	Davidson College	501(c)(3)	$195 million	Davidson, NC
18	Canisius College	501(c)(3)	$104 million	Buffalo, NY
19	Saint Joseph's College of Maine	501(c)(3)	$59 million	Standish, ME
20	Presbyterian College	501(c)(3)	$68 million	Clinton, SC
21	Alvernia University	501(c)(3)	$87 million	Reading, PA
22	Stevenson University	501(c)(3)	$145 million	Stevenson, MD
23	Manhattanville College	501(c)(3)	$94 million	Purchase, NY
24	Thomas More University	501(c)(3)	$54 million	Crestview Hills, KY
25	Sarah Lawrence College	501(c)(3)	$118 million	Bronxville, NY

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Cause IQ organization profile

Spelman College

Program areas at Spelman College

Form 990s for Spelman College

Financials for Spelman College

Vendors for Spelman College

Personnel at Spelman College

Peer undergraduate colleges

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