Antioch College Corporation
- Assets
- $62.4m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 243
- Location
- Yellow Springs, OH
- Founding
- 05/2009
- Data as of
- 06/2020
- EIN
- 26-1672457
Organization Overview
Antioch College Corporation, operating under the name Antioch College, is located in Yellow Springs, OH. The organization was established in 2009. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Antioch College employed 243 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antioch 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 06/2020, Antioch College generated $12.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $16.0m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A RIGOROUS LIBERAL ARTS POST-SECONDARY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES INCLUDE THE DEVELOPMENT OF CURRICULUM FOR THE RE-ESTABLISHED ANTIOCH COLLEGE. THE COLLEGE AWARDS THE BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES. THE GENERAL EDUCATION PROGRAM INCLUDES COURSES IN THE ARTS, HUMANITIES, SCIENCES, AND SOCIAL SCIENCES; GLOBAL SEMINARS IN WHICH STUDENTS CRITICALLY ANALYZE GLOBAL PROBLEMS THROUGH AN INTERDISCIPLINARY STUDY OF RESOURCES AND SYSTEMS; THEME-BASED WRITING AND QUANTITATIVE SKILLS SEMINARS; WORK PORTFOLIOS, WHICH ARE COURSES THAT ARE DELIVERED ONLINE WHILE STUDENTS ARE ON COOPERATIVE EDUCATION WORK ASSIGNMENTS; AND THE SENIOR REFLECTION PAPER.
GLEN HELEN NATURE PRESERVE:GLEN HELEN IS THE LEGACY OF ALUMNUS HUGH TAYLOR BIRCH, WHO, IN 1929, DONATED THE WOODED GLEN TO ANTIOCH COLLEGE IN MEMORY OF HIS DAUGHTER, HELEN. WITH THIS GIFT, THE COLLEGE ACCEPTED THE RESPONSIBILITY OF PRESERVING THE LAND IN PERPETUITY. ADDITIONAL GIFTS EXPANDED THE PRESERVE, WHICH NOW ENCOMPASSES 1,000 ACRES, ALL ACCESSIBLE FROM A 25-MILE NETWORK OF FOOTPATHS. TODAY, THAT MISSION IS CARRIED FORWARD BY ANTIOCH COLLEGE THROUGH THE GLEN HELEN ECOLOGY INSTITUTE, WHICH MANAGES THE LAND AND COORDINATES THE EDUCATIONAL PROGRAMS OF THE GLEN. ON EVEN A SHORT WALK, VISITORS CAN VIEW SPECTACULAR WILDFLOWERS, 400 YEAR-OLD TREES, LIMESTONE CLIFFS WITH WATERFALLS AND OVERHANGS, AND THE BEAUTIFUL YELLOW SPRING FOR WHICH THE TOWN IS NAMED. THE GLEN IS AN INTEGRAL PART OF THE LEGACY OF THE COLLEGE AND WILL BE AN IMPORTANT RESOURCE FOR THE DEVELOPMENT OF ITS CURRICULUM. THE GLEN IS A VALUABLE RESOURCE FOR HIKING, BIRDING, AND EXPLORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Manley President | Officer | 40 | $285,899 |
Kevin Mcgruder VP Of Academic Affairs | Officer | 40 | $123,446 |
Mila Cooper VP Of Student Life | Officer | 40 | $116,660 |
Gariot Louima VP Of Admissions | Officer | 40 | $105,655 |
Hannah Montgomery VP Of Operations | Officer | 40 | $101,668 |
April Wolford VP Of Advancement | Officer | 40 | $78,308 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas & Marker Construction Co Construction Contracting Services | 6/29/19 | $333,844 |
Eab Global Inc Recruitment Support Services | 6/29/19 | $224,207 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,773,785 |
| Investment income | $404,955 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $165,636 |
| Net Gain/Loss on Asset Sales | -$491,559 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,155 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,472,069 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,595,486 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $921,262 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,701,473 |
| Pension plan accruals and contributions | $68,149 |
| Other employee benefits | $979,532 |
| Payroll taxes | $457,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $470,706 |
| Advertising and promotion | $326,250 |
| Office expenses | $206,130 |
| Information technology | $183,357 |
| Royalties | $0 |
| Occupancy | $814,871 |
| Travel | $103,546 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $296,487 |
| Interest | $357,388 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,107,568 |
| Insurance | $321,126 |
| All other expenses | $0 |
| Total functional expenses | $16,015,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,396,500 |
| Savings and temporary cash investments | $1,523,527 |
| Pledges and grants receivable | $13,606,624 |
| Accounts receivable, net | $566,449 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,199 |
| Investments—publicly traded securities | $10,431,176 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,582,193 |
| Total assets | $62,390,988 |
| Accounts payable and accrued expenses | $701,552 |
| Grants payable | $0 |
| Deferred revenue | $100,142 |
| 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 | $7,575,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,202,002 |
| Total liabilities | $9,578,696 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $52,812,292 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Antioch College Corporation has recieved totaling $392,032.
| Awarding Organization | Amount |
|---|---|
Morgan Family Foundation Yellow Springs, OH PURPOSE: (COMPETITIVE) INCREASING SUSTAINABLE ENROLLMENT FOR A COLLEGE OF PRACTICE | $100,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $80,000 |
The Endeavor Foundation Inc New York, NY PURPOSE: STRENGTHENING ANTI-RACISM, EQUITY, AND INCLUSION EFFORTS | $50,000 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: COLLEGE/UNIV (EDUCATION) | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $42,870 |
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: EDUCATION | $27,500 |
Endowment Analysis
| Beg. Balance | $20,456,411 |
| Earnings | $743,707 |
| Net Contributions | $6,200 |
| Ending Balance | $21,206,318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Hill School Pottstown, PA | $339,549,890 | $89,638,080 |
Regents Of The Mercersburg College Mercersburg, PA | $535,140,744 | $49,172,082 |
Western Reserve Academy Hudson, OH | $203,998,204 | $58,141,913 |
The Seven Hills Schools Cincinnati, OH | $111,206,150 | $34,365,521 |
Malvern Preparatory School Malvern, PA | $76,971,760 | $36,046,304 |
21st Century Cyber Charter School West Chester, PA | $42,600,686 | $36,468,461 |
Kipp Columbus Columbus, OH | $13,048,078 | $26,481,739 |
Wellington School Columbus, OH | $38,979,520 | $21,884,199 |
Lexington School Inc Lexington, KY | $82,981,335 | $20,273,926 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |