Prescott College Inc is located in Prescott, AZ. The organization was established in 1975. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Prescott College Inc employed 588 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prescott 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 06/2022, Prescott College Inc generated $26.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $24.6m during the year ending 06/2022. While expenses have increased by 4.4% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TOGETHER, WE CREATE INTERDISCIPLINARY, EXPERIENTIAL, AND DIVERSE LEARNING ENVIRONMENTS THAT INSPIRE FUTURE LEADERS TO DEVELOP A HEALTHY, JUST AND SUSTAINABLE WORLD.
Describe the Organization's Program Activity:
UNDERGRADUATE - ON-CAMPUS: PRESCOTT COLLEGE OFFERS EXPERIENCE-BASED BACHELOR OF ARTS, BACHELOR OF SCIENCE, AND BACHELOR OF FINE ARTS DEGREES FOCUSED ON JUSTICE, THE ENVIRONMENT, EDUCATION, ADVENTURE EDUCATION, AND THE HUMAN EXPERIENCE WITHIN A LIBERAL ARTS CURRICULUM. IN 2022, PRESCOTT COLLEGE EARNED A STARS SILVER RATING IN RECOGNITION OF ITS SUSTAINABILITY ACHIEVEMENTS FROM THE ASSOCIATION FOR THE ADVANCEMENT OF SUSTAINABILITY IN HIGHER EDUCATION (AASHE). STARS, THE SUSTAINABILITY TRACKING, ASSESSMENT & RATING SYSTEM MEASURES AND ENCOURAGES SUSTAINABILITY IN ALL ASPECTS OF HIGHER EDUCATION. PRESCOTT COLLEGE HAS ALSO BEEN RECOGNIZED BY US NEWS AND WORLD REPORT IN 2022 AS A TOP PERFORMER FOR SOCIAL MOBILITY. FALL 2021 FULL-TIME EQUIVALENTS 236
UNDERGRADUATE - ON-LINE: PRESCOTT COLLEGE OFFERS ONLINE YET EXPERIENCE-BASED BACHELOR OF ARTS, BACHELOR OF SCIENCE, AND BACHELOR OF FINE ARTS DEGREES FOCUSED ON JUSTICE, THE ENVIRONMENT, EDUCATION, ADVENTURE EDUCATION, AND THE HUMAN EXPERIENCE WITHIN A LIBERAL ARTS CURRICULUM. IN 2022 PRESCOTT COLLEGE EARNED A STARS SILVER RATING IN RECOGNITION OF ITS SUSTAINABILITY ACHIEVEMENTS FROM THE ASSOCIATION FOR THE ADVANCEMENT OF SUSTAINABILITY IN HIGHER EDUCATION (AASHE). STARS, THE SUSTAINABILITY TRACKING, ASSESSMENT & RATING SYSTEM MEASURES AND ENCOURAGES SUSTAINABILITY IN ALL ASPECTS OF HIGHER EDUCATION. PRESCOTT COLLEGE HAS ALSO BEEN RECOGNIZED BY US NEWS AND WORLD REPORT IN 2022 AS A TOP PERFORMER FOR SOCIAL MOBILITY. FALL 2021 FULL-TIME EQUIVALENTS 129
COUNSELING - MASTERS - PRESCOTT COLLEGE'S CACREP-ACCREDITED MS IN COUNSELING GIVES STUDENTS THE OPPORTUNITY TO FOCUS ON AREAS OF EMPHASIS INCLUDING: HUMAN SEXUALITY COUNSELING; MARRIAGE, COUPLE, AND FAMILY COUNSELING; SOCIAL JUSTICE IN COUNSELING; AND SOMATIC COUNSELING. STUDENTS CAN ALSO EARN POST GRADUATE CERTIFICATES IN ADVENTURE-BASED COUNSELING, NATURE-BASED COUNSELING, OR EXPRESSIVE ART THERAPY TO ENHANCE THEIR LEARNING AND FUTURE PRACTICE. IN 2023, PRESCOTT COLLEGE LAUNCHED A NEW EDUCATION SPECIALIST (ED.S.) DEGREE IN EXPERIENTIAL COUNSELING. THE PROGRAM IS DESIGNED TO DEVELOP SKILLS AND KNOWLEDGE NECESSARY TO INCORPORATE THE EXPERIENCE OF EXPERIENTIAL COUNSELING, PARTICULARLY IN ADVENTURE-BASED, NATURE-BASED, AND OUTDOOR MODALITIES. GRADUATES OF THE PROGRAM WILL BE EMPLOYABLE IN A RANGE OF SETTINGS, FROM EDUCATIONAL TO CLINICAL. FALL 2021 FULL-TIME EQUIVALENTS 159
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Paul Burkhardt Provost | Officer | 40 | $166,770 | 
| Barbara Morris President/ceo | OfficerTrustee | 40 | $153,879 | 
| John Flicker President/ceo Thru July 2022 | OfficerTrustee | 40 | $130,633 | 
| Carla Snook Marketing Strategist | 40 | $120,526 | |
| Andrea Jaeckel CFO | Officer | 40 | $116,652 | 
| Jerri Brown Deputy COO | 40 | $113,035 | 
| Vendor Name (Service) | Service Year | Compensation | 
|---|---|---|
| Ellucian Company Software Licenses & Maintenance | 6/29/22 | $163,479 | 
| Gold-atlas Expeditions Field Station Support | 6/29/22 | $149,162 | 
| Collegiate Enterprise Solutions Llc Consulting | 6/29/22 | $130,325 | 
| Ebsco Industries Inc Consulting | 6/29/22 | $124,365 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $10,000 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $3,402,646 | 
| All other contributions, gifts, grants, and similar amounts not included above | $2,034,586 | 
| Noncash contributions included in lines 1a–1f | $27,980 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,447,232 | 
| Total Program Service Revenue | $21,045,321 | 
| Investment income | $69,580 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $125,314 | 
| Net Gain/Loss on Asset Sales | -$12,130 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $72,400 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $26,747,717 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 | 
| Grants and other assistance to domestic individuals. | $6,136,578 | 
| Grants and other assistance to Foreign Orgs/Individuals | $160,932 | 
| Benefits paid to or for members | $0 | 
| Compensation of current officers, directors, key employees. | $828,033 | 
| Compensation of current officers, directors, key employees. | $645,098 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $9,290,354 | 
| Pension plan accruals and contributions | $114,301 | 
| Other employee benefits | $1,171,778 | 
| Payroll taxes | $802,708 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $58,347 | 
| Fees for services: Accounting | $90,261 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $14,740 | 
| Fees for services: Other | $1,347,728 | 
| Advertising and promotion | $467,621 | 
| Office expenses | $156,159 | 
| Information technology | $740,627 | 
| Royalties | $0 | 
| Occupancy | $1,106,243 | 
| Travel | $192,369 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $0 | 
| Interest | $263,911 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $721,848 | 
| Insurance | $358,227 | 
| All other expenses | $0 | 
| Total functional expenses | $24,609,020 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,997,869 | 
| Savings and temporary cash investments | $4,087,382 | 
| Pledges and grants receivable | $772,258 | 
| Accounts receivable, net | $1,768,074 | 
| 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 | $375,882 | 
| Net Land, buildings, and equipment | $20,539,888 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $769,926 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $13,500 | 
| Total assets | $31,324,779 | 
| Accounts payable and accrued expenses | $1,506,884 | 
| Grants payable | $0 | 
| Deferred revenue | $1,913,650 | 
| Tax-exempt bond liabilities | $7,709,883 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $4,853 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $12,445 | 
| Total liabilities | $11,147,715 | 
| Net assets without donor restrictions | $17,179,336 | 
| Net assets with donor restrictions | $2,997,728 | 
| 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 | $31,324,779 |