Alderson Broaddus College Inc

Organization Overview

Alderson Broaddus College Inc is located in Philippi, WV. The organization was established in 1952. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Alderson Broaddus College Inc employed 823 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alderson Broaddus College Inc 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 06/2021, Alderson Broaddus College Inc generated $38.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $38.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HIGHER LEARNING OPPORTUNITIES TO STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED HIGHER EDUCATION COLLEGE LEVEL LEARNING OPPORTUNITIES TO APPROXIMATELY 863 STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Operations Llc
Food Service Management
$2,493,268
March-westin Company Inc
Construction Services
$1,218,968
Lrap Risk Purchasing Group
Student Reimbursement Service
$223,631
Liaison International
Enrollment Management
$218,523
The Registry
Placement Firm For Executives
$256,100
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,200,087
All other contributions, gifts, grants, and similar amounts not included above$1,538,617
Noncash contributions included in lines 1a–1f $16,550
Total Revenue from Contributions, Gifts, Grants & Similar$8,738,704
Total Program Service Revenue$29,061,331
Investment income $152,940
Tax Exempt Bond Proceeds $0
Royalties $1,543
Net Rental Income $31,052
Net Gain/Loss on Asset Sales $500
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $69,651
Miscellaneous Revenue$0
Total Revenue $38,055,721

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Alderson Broaddus College Inc has recieved totaling $316,159.

Awarding OrganizationAmount
Greater Kanawha Valley Foundation

Charleston, WV

PURPOSE: GENERAL SUPPORT

$197,169
West Virginia Independent Colleges And Universities Inc

Charleston, WV

PURPOSE: SUPPORT OF OPERATIONS

$44,411
Clyde And Pansy Slater Charitable Trust 9371798100

Huntington, WV

PURPOSE: CONTRIBUTION

$18,927
Pearl G & Ruby Hollandsworth Memorial Tr

Clarksburg, WV

PURPOSE: CONTRIBUTION

$16,000
West Virginia Emulation Endowment Trust

Orlando, FL

PURPOSE: SCHOLARSHIP AWARDS FOR STUDENTS ATTENDING ALDERSON-BROADDUS COLLEGE

$12,700
Thomas E Digman Trust

Chicago, IL

PURPOSE: GENERAL

$10,667
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,456,342
Earnings$137,183
Net Contributions$361,642
Other Expense$270,059
Ending Balance$18,685,108

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$100,031,718
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$82,152,318
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$109,042,625
Randolph-Macon College
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$119,204,346

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