George Stone Adventist School

Organization Overview

George Stone Adventist School is located in Lincoln, NE. The organization was established in 1947. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, George Stone Adventist School employed 868 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. George Stone Adventist School 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 05/2022, George Stone Adventist School generated $35.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $32.5m during the year ending 05/2022. While expenses have increased by 1.6% 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO OFFER A COLLEGE EXPERIENCE INCLUDING EDUCATION, HOUSING, AND ASSOCIATED PROGRAMS IN LINCOLN, NE

Describe the Organization's Program Activity:

INSTRUCTION AND PUBLIC SERVICE: UNION COLLEGE PROVIDES AN EXCEPTIONAL LIBERAL ARTS EDUCATION WITH 634 UNDERGRADUATE STUDENTS AND 88 MASTER'S LEVEL STUDENTS. THE 10 TO 1 STUDENT TEACHER RATIO ALLOWS FOR EXCELLENT STUDENT/TEACHER INTERACTION. UNION COLLEGE OFFERS MORE THAN 60 MAJORS, MINORS, AND EMPHASES IN 29 FIELDS OF STUDY INCLUDING BACHELOR'S DEGREES IN RELIGION, BUSINESS, EDUCATION, NURSING, ENGLISH, AND INTERNATIONAL RESCUE & RELIEF, AS WELL AS A MASTER'S DEGREE IN PHYSICIAN ASSISTANT STUDIES.


ACADEMIC SUPPORT AND STUDENT SERVICES: ACADEMIC SUPPORT INCLUDES THE LIBRARY, ACADEMIC ADMINISTRATION, INSTITUTIONAL RESEARCH, AND ACADEMIC INSTITUTIONAL TECHNOLOGY. STUDENT SERVICES SUPPORTS STUDENTS THROUGH COUNSELING, RECORDS OFFICE, ADMISSIONS AND OTHER STUDENT SUPPORT.


AUXILIARY SERVICES:AUXILIARY SERVICES AT UNION COLLEGE EXIST TO FURNISH GOODS OR SERVICES TO STUDENTS, FACULTY, STAFF, INSTITUTIONAL DEPARTMENTS AND THE PUBLIC. THE MOST PROMINENT OF THESE SERVICES PROVIDE SUPPORT TO OUR STUDENTS AND INCLUDE RESIDENCE HALLS, BOOKSTORE, AND CAMPUS HOUSING.


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Board, Officers & Key Employees

Name (title)Compensation
Megan Heidtbrink
Pa Chair
$134,780
Michelle Peterson
Pa Faculty
$107,172
Vinita Sauder
President/secretary
$93,152
Steve Trana
VP For Financial Admin
$75,239
Gary Thurber
Trustee
$0
Hubert Morel Jr
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sysco Lincoln
Food Service
$319,184
Carnegie Dartlet
Advertising And Promotion
$104,272
Eab
Enrollment Marketing
$212,518
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,432,382
Government grants $5,845,692
All other contributions, gifts, grants, and similar amounts not included above$3,232,553
Noncash contributions included in lines 1a–1f $741,856
Total Revenue from Contributions, Gifts, Grants & Similar$11,510,627
Total Program Service Revenue$21,917,760
Investment income $1,225,668
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $163,551
Net Gain/Loss on Asset Sales $557,326
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $530,722
Miscellaneous Revenue$0
Total Revenue $35,905,654

Grants Recieved

Over the last fiscal year, we have identified 6 grants that George Stone Adventist School has recieved totaling $1,781,599.

Awarding OrganizationAmount
Adventist Health System Sunbelt Healthcare Corporation

Altamonte Springs, FL

PURPOSE: General Support

$1,500,000
Shawnee Mission Medical Center Inc

Shawnee Mission, KS

PURPOSE: GENERAL SUPPORT

$120,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$56,000
Greater Salina Community Foundation

Salina, KS

PURPOSE: Special Project

$50,000
Lincoln Community Foundation Inc

Lincoln, NE

PURPOSE: SCHOLARSHIPS, GENERAL SUPPORT

$47,599
Archie Tonge Education Fund

Pollock Pines, CA

PURPOSE: Assistance to Seventh-Day Adventist

$8,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,403,582
Earnings-$84,456
Net Contributions$676,114
Other Expense$978,215
Ending Balance$14,017,025

Peer Organizations

Organization NameAssets
Luther College
Decorah, IA
$125,968,312
Wartburg College
Waverly, IA
$101,117,542
College Of The Ozarks
Point Lookout, MO
$134,988,466
Coe College
Cedar Rapids, IA
$91,175,984
Benedictine College
Atchison, KS
$96,440,027
Augustana University Association
Sioux Falls, SD
$99,152,573
Ottawa University
Ottawa, KS
$83,319,178
Drury University
Springfield, MO
$75,721,067
Nebraska Wesleyan University
Lincoln, NE
$80,524,359
Central College
Pella, IA
$65,374,610
Cornell College
Mount Vernon, IA
$87,743,634
Doane University
Crete, NE
$66,548,317

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