Clinton College
- Assets
- $6.2m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 76
- Location
- Rock Hill, SC
- Founding
- 09/1996
- Data as of
- 06/2021
- EIN
- 57-0387838
Organization Overview
Clinton College is located in Rock Hill, SC. The organization was established in 1996. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Clinton College employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clinton 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 06/2021, Clinton College generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $4.5m during the year ending 06/2021. While expenses have increased by 7.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CLINTON COLLEGE WAS FOUNDED IN 1894 BY THE AFRICAN METHODIST EPISCOPAL (AME) ZION CHURCH AS A PRIVATE LIBERAL ARTS INSTITUTION. THE COLLEGE IS COMMITTED TO FACILITATING SUTDENTS' ACADEMIC ACHIEVEMENT, MORAL AND SPIRITUAL GROWTH, LEADERSHIP DEVELOPMENT, AND CITIZENSHIP IN A GLOBAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINTON COLLEGE IS SUCCESSFULLY MEETING ITS MISSION OF PROVIDING A LEARNING MILIEU FOR STUDENTS TO PROMOTE ACADEMIC ACHIEVEMENT AND POSITIVE MORAL AND SPIRITUAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Lester Mccorn President | Officer | 40 | $120,000 |
Archinya Ingram VP For Business Services | Officer | 40 | $95,000 |
Dr Alvin Mclamb VP For Academic Affairs | Officer | 40 | $85,000 |
Dr Angelyne Brown VP For Student Servoces | Officer | 40 | $85,000 |
Adrian Scott VP For Institutional Advancement | Officer | 40 | $80,000 |
Barbara Edwards VP For Institutional Effectiveness | Officer | 40 | $70,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mp Computers Technology Support | 6/29/19 | $143,216 |
Majestic Security Security Services | 6/29/19 | $114,926 |
Perkins Management Food Service Providers | 6/29/19 | $392,883 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,738,328 |
| All other contributions, gifts, grants, and similar amounts not included above | $648,608 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,386,936 |
| Total Program Service Revenue | $828,550 |
| Investment income | $20,388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,235,874 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $465,000 |
| Compensation of current officers, directors, key employees. | $465,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,096,797 |
| Pension plan accruals and contributions | $18,837 |
| Other employee benefits | $206,678 |
| Payroll taxes | $209,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,115 |
| Advertising and promotion | $2,550 |
| Office expenses | $235,230 |
| Information technology | $112,242 |
| Royalties | $0 |
| Occupancy | $310,482 |
| Travel | $1,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $343 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $272,795 |
| Insurance | $39,722 |
| All other expenses | $146,895 |
| Total functional expenses | $4,530,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,058,557 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $270,540 |
| 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 | $3,489 |
| Net Land, buildings, and equipment | $3,131,097 |
| Investments—publicly traded securities | $507,664 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,243,224 |
| Total assets | $6,214,571 |
| Accounts payable and accrued expenses | $12,237 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,237 |
| Net assets without donor restrictions | $5,862,032 |
| Net assets with donor restrictions | $340,302 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,214,571 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clinton College has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Comporium Foundation Inc Rock Hill, SC PURPOSE: EDUCATION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Marys School Raleigh, NC | $74,590,364 | $23,129,284 |
Andrew College Cuthbert, GA | $29,741,190 | $11,623,662 |
Clinton College Rock Hill, SC | $6,214,571 | $5,235,874 |
Wilkes Community College Foundation Inc Wilkesboro, NC | $12,311,546 | $8,211,087 |
Wake Technical Community College Foundation Inc Raleigh, NC | $24,851,874 | $5,743,743 |
Abraham Baldwin Agricultural College Foundation Inc Tifton, GA | $42,241,656 | $6,873,276 |
Blue Ridge Community College Education Foundation Inc Flat Rock, NC | $18,307,552 | $2,874,613 |
Durham Technical Community College Foundation Inc Durham, NC | $8,356,113 | $2,180,134 |
Haywood Community College Foundation Incorporated Clyde, NC | $15,571,052 | $1,365,078 |
Johnston Community College Foundation Inc Smithfield, NC | $13,045,075 | $2,978,358 |
Lenoir Community College Foundation Inc Kinston, NC | $12,180,001 | $1,514,133 |
Georgia Highlands College Foundation Inc Rome, GA | $18,630,392 | $928,746 |