North Carolina Wesleyan University

Organization Overview

North Carolina Wesleyan University is located in Rocky Mount, NC. The organization was established in 1961. 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, North Carolina Wesleyan University employed 773 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Wesleyan University 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, North Carolina Wesleyan University generated $57.1m 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 $54.9m during the year ending 05/2022. While expenses have increased by 2.9% 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 PREPARE STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES.

Describe the Organization's Program Activity:

INSTRUCTIONAL SERVICES TO UNIVERSITY STUDENTS


PUBLIC SERVICE - OPERATED THE DUNN CENTER FOR THE PERFORMING ARTS, OPEN TO THE COMMUNITY AND EASTERN NORTH CAROLINA.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Inc & Affiliates Cafeteria
Food Service And Maintenance
$2,480,690
Geosurfaces Southeast Inc
Construction Services
$940,882
Wellfleet Group Llc
Insurance Provider
$463,141
Jenzabar Inc
Software Provider
$451,425
Piedmont Service Group
Hvac Maintenance
$735,294
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $8,953,056
All other contributions, gifts, grants, and similar amounts not included above$3,156,244
Noncash contributions included in lines 1a–1f $83,719
Total Revenue from Contributions, Gifts, Grants & Similar$12,109,300
Total Program Service Revenue$44,185,298
Investment income $325,539
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $142,253
Net Gain/Loss on Asset Sales $289,001
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $57,107,518

Grants Recieved

Over the last fiscal year, we have identified 14 grants that North Carolina Wesleyan University has recieved totaling $392,188.

Awarding OrganizationAmount
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For general scholarship support.

$195,000
Boddie-Noell Foundation

Rocky Mount, NC

PURPOSE: CHARITABLE

$37,324
North Carolina Independent Colleges & Universities

Raleigh, NC

PURPOSE: PROVIDE SCHOLARSHIP FUNDS

$36,325
Educational Credit Management Corporation

Minneapolis, MN

PURPOSE: Project Success Emergency Aid & Food Pantry Assistance

$26,700
Olive A@stokes Scholarship Trust

Detroit, MI

PURPOSE: SCHOLARSHIPS

$20,800
Algernon Sydney Sullivan Foundation

Oxford, MS

PURPOSE: EDUCATIONAL

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,920,089
Earnings-$1,042,134
Admin Expense$83,220
Net Contributions$78,124
Grants$546,750
Ending Balance$13,326,109

Peer Organizations

Organization NameAssets
Anderson University
Anderson, SC
$130,183,026
Wofford College
Spartanburg, SC
$116,076,279
Spelman College
Atlanta, GA
$182,970,731
Roanoke College
Salem, VA
$126,475,040
Lee University
Cleveland, TN
$108,753,431
Morehouse College
Atlanta, GA
$206,029,432
Union University
Jackson, TN
$103,290,604
Lenoir-Rhyne University
Hickory, NC
$101,403,823
Randolph-Macon College
Ashland, VA
$119,204,346
Bridgewater College
Bridgewater, VA
$86,618,271
Trevecca Nazarene University
Nashville, TN
$96,180,255
Hampden-Sydney College
Hampdensydney, VA
$118,845,969

Create an account to unlock the data you need.

or