College Of The Atlantic

Organization Overview

College Of The Atlantic is located in Bar Harbor, ME. The organization was established in 1969. 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, College Of The Atlantic employed 621 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Of The Atlantic 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, College Of The Atlantic generated $26.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $28.2m during the year ending 06/2022. While expenses have increased by 2.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF A FOUR YEAR ACCREDITED DEGREE COLLEGE, OPERATION OF A SMALL GRADUATE PROGRAM AND OTHER SUMMER EDUCATION PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION, FEES AND ROOM AND BOARD. COLLEGE OF THE ATLANTIC OFFERS UNDERGRADUATE CLASSES TO APPROXIMATELY 350 STUDENTS. A DEGREE IN HUMAN ECOLOGY CAN BE EARNED FOR UNDERGRADUATES AND A MASTERS OF PHILOSOPHY DEGREE IN HUMAN ECOLOGY CAN BE EARNED FOR GRADUATE STUDENTS. THE COLLEGE PROVIDES ON CAMPUS HOUSING TO APPROXIMATELY 160 STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Darron Collins
President
$276,327
Kenneth Hill
Dean
$110,655
Melissa Cook
Controller
$109,857
John Cooper
Faculty
$109,358
Ronald E Beard
Secretary
$4,429
Beth Gardiner
Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
El Shea Inc
Construction
$3,439,635
Winger's Welding
Welding Service
$143,592
Cambridge Associates Llc
Investment Mgr
$137,500
John P Gordon Architect
Architect
$189,976
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$55,560
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,029,074
All other contributions, gifts, grants, and similar amounts not included above$6,907,140
Noncash contributions included in lines 1a–1f $386,122
Total Revenue from Contributions, Gifts, Grants & Similar$7,991,774
Total Program Service Revenue$17,375,689
Investment income $623,773
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 $465,038
Miscellaneous Revenue$0
Total Revenue $26,542,064

Grants Recieved

Over the last fiscal year, we have identified 6 grants that College Of The Atlantic has recieved totaling $74,000.

Awarding OrganizationAmount
Turnbull Family Foundation Inc

Greenwich, CT

PURPOSE: GENERAL SUPPORT

$37,500
Machias Savings Bank Community Development Foundation

Machias, ME

PURPOSE: PROGRAM SUPPORT GRANT

$12,500
General E R Quesada Educational

Portland, ME

PURPOSE: UNRESTRICTED

$10,000
Becton Family Foundation Tr

Homosassa, FL

PURPOSE: CONTRIBUTION TO BROAD REACH CAMPAIGN

$8,000
James Deering Danielson Foundation

Chicago, IL

PURPOSE: EDUCATIONAL

$5,000
Sims-Maes Foundation Inc

Boston, MA

PURPOSE: GENERAL PURPOSES

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$81,831,154
Earnings-$14,256,449
Net Contributions$3,455,308
Other Expense$3,243,129
Ending Balance$67,786,884

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