Carolina Graduate University Inc

The information for Carolina Graduate University Inc is as of the organization's most recent filing in June 2016. This organization is located in Greensboro, NC. It has been in existence for 13 years, following its founding in 2003.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Carolina Graduate University Inc's NTEE code is B50. The "B" tells us that the organization is classified along with Education. The "50" tells us that the organization is a Graduate & Professional Schools. The NTEE describes Graduate & Professional Schools as separately incorporated postsecondary educational institutions that provide opportunities for people who have completed their undergraduate education to receive advanced, postgraduate training in a professional field leading to a masters degree or doctorate.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of Carolina Graduate University Inc is to provide graduate theological education for men and women from multi-denominational backgrounds, cooperating with the Holy Spirit as He forms students spiritually, intellectually, and vocationally to shepherd God's people with integrity of heart and lead them with skillful hands.

Program Areas

This program area provides graduate theological education for men and women from multi-denominational backgrounds, and offers scholarships for tuition on behalf of students.

Organization Staffing

Carolina Graduate University Inc is run by Frank Scurry, who is the President. The organization has 2 employees, none of whom are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

Carolina Graduate University Inc is well-governed, with seven voting members and seven independent members. Potential conflicts of interest do not exist, and the organization has not delegated management to an outside firm. Board meetings are documented and the organization has a conflict of interest policy with disclosure requirements, as well as a written whistleblower policy and a document retention policy. Although Carolina Graduate University Inc does not substantiate and review leadership or officer salaries, it does provide copies of the 990 to the board prior to filing. Overall, Carolina Graduate University Inc has a strong governance structure in place.

Organization Growth

Carolina Graduate University Inc has experienced a decrease in both its total revenue and total expenses over the observed time period. Contributions and grants received, program service revenue, and other revenue all decreased, while grants paid, employee salaries, and investment income all increased. The total number of employees remained the same.