Albion College
89% goes to programs $39 to raise $100 Strong reserves
Albion College is a 501(c)(3) organization based in Albion, Michigan, registered in 1972, with $100,603,831 in FY2023 revenue. CharityIndex grades it B+, and it directs about 89% of spending to programs.
611 E Porter St, Albion, MI, 49224 EIN 38-1359081 Since 1972
Revenue (FY2023)
$100.6M
▼ 3.1% vs prior year
Education median: $200K
Expenses (FY2023)
$122.0M
Net assets
$188.4M
Employees
1,289
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating89% to programs · $39 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Albion College: 89% to programs · $39 to raise $100 earns a B on this criterion. See the exact thresholds →
C+Financial health25% of the rating19 mo reserves · -21% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Albion College: 19 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Albion College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Albion College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Albion college is an undergraduate, liberal arts institution committed to academic excellence. we are learning-centered and recognize that valuable learning takes place in and outside of the classroom, on and off the campus.
What they do
Auxiliary - dining services - albion college is a residential institution and the primary function of the dining and hospitality services, managed by metz management company, is to provide food for our students, faculty, staff, and guests. we strive to provide a wide selection of high quality products and services through a variety of experiences. these experiences reflect our commitment to being responsive to the changing needs and desires of our diverse audience. operations include an all-you-can-eat dining hall, quick-serve restaurant, a coffee shop, lodging, catering services, faculty/staff lunch buffet and conference and event services.
Auxiliary - residence halls - albion college is a college community institution that emphasizes community and inclusion through education in and out of the classroom. albion college strives to provide our students with quality housing that enhances a student's learning experience.
Various other program services relating to the organization's mission. (kellogg ctr, conf services, equestrian ctr, w&g room rental)
Contact & location
- Address
- 611 E Porter St, Albion, MI, 49224
- City
- Albion
- State
- Michigan
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $69.7M (FY2013) to $100.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $73.5MNet assets $188.4M
Operating margin
-21.2%
Spent more than it raised in the latest fiscal year.
Total assets
$261.9M
Total liabilities
$73.5M
Net assets
$188.4M
Salaries & benefits
$33.5M
27% of expenses
Board members
21
20 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $100,603,831▼3.1% | $121,972,077▼2.0% | $188,385,526▼4.5% | $261,871,104▼4.2% | 990 |
| 2022 | $103,855,372▼15.5% | $124,409,281▼1.1% | $197,230,824▼9.6% | $273,211,461▼7.8% | 990 |
| 2021 | $122,939,198▲4.8% | $125,853,012▲2.4% | $218,062,744▼9.2% | $296,474,631▼5.0% | 990 |
| 2020 | $117,300,025▲10.2% | $122,945,336▲8.0% | $240,165,621▲18.2% | $312,037,412▲11.2% | 990 |
| 2019 | $106,439,083▼2.7% | $113,852,013▲1.5% | $203,186,692▼7.0% | $280,606,342▼2.8% | 990 |
| 2018 | $109,401,269▲8.0% | $112,194,641▲1.7% | $218,549,745▲0.1% | $288,650,215▼0.9% | 990 |
| 2017 | $101,279,128▲10.7% | $110,342,795▲14.0% | $218,232,022▼1.1% | $291,387,888▼1.8% | 990 |
| 2016 | $91,504,803▲9.9% | $96,777,822▲9.2% | $220,578,525▲4.3% | $296,633,419▲2.3% | 990 |
| 2015 | $83,255,997▲13.9% | $88,593,064▲10.5% | $211,529,700▼7.2% | $290,049,620▼5.0% | 990 |
| 2014 | $73,103,268▲4.9% | $80,183,813▲3.3% | $227,949,555▼5.3% | $305,461,488▼4.5% | 990 |
| 2013 | $69,680,721 | $77,615,874▲1.9% | $240,669,166▲7.7% | $320,016,109▲5.5% | 990 |
| 2012 | — | $76,146,822▲0.6% | $223,438,387▲5.4% | $303,428,008▲3.3% | 990 |
| 2011 | — | $75,718,915▲1.8% | $211,941,106▼6.6% | $293,858,225▼3.8% | 990 |
| 2010 | — | $74,344,632▲40.4% | $226,906,841▲16.4% | $305,623,185▲10.4% | 990 |
| 2009 | — | $52,961,373 | $194,887,620 | $276,834,880 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Dr Mathew Johnson Left 0923 — $344,615 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Mathew Johnson Left 0923 | Prior President (severance Pay) | 0 | $344,615 |
| Leroy Wright | Vp of Student Development | 40 | $279,972 |
| Marc Newman | Vp of Institutional Advancement | 40 | $265,159 |
| Gary Black | Chief Financial Officer | 40 | $245,474 |
| Joseph Calvaruso Left 1031 | Interim President | 40 | $206,493 |
| Dr Wayne Webster | President | 40 | $187,836 |
| Amanda Dubiel | Vp of Enrollment | 40 | $168,706 |
| Lisa Lewis | Interim Provost | 40 | $162,397 |
| Vicki Baker | Professor, Econ & Management | 40 | $152,602 |
| Taran Mczee | Vp of Belonging & Culture | 40 | $141,230 |
| Nicolle Zellner | Professor, Physics | 40 | $131,635 |
| Amy Routhier | Assistant Vp of Advancement | 40 | $123,718 |
| Connie O'brien | Asst. Professor, Econ & Management | 40 | $119,886 |
| Allison M Maki | Board of Trustees Member | 3.1 | — |
| Arthur Fremont Gray | Board of Trustees Member | 3.1 | — |
| Austin G Baidas | Board of Trustees Member | 3.1 | — |
| Brian G Mcpheely | Chair of Student Development | 3.9 | — |
| David A Bard | Board of Trustees Member | 3.1 | — |
| Eleanor Debo | Board of Trustees Member | 3.1 | — |
| Jeffrey Alan Ott | Executive Committee | 3.9 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Hes Intermediate Holdings | Custodial Services | $1,277,361 |
| Hes Intermediate Holdings | Custodial Services | $1,277,361 |
| Wg Construction Services | Construction Services | $601,344 |
| Wg Construction Services | Construction Services | $601,344 |
| Warner Norcross & Judd LLP | Legal Services | $416,281 |
| Warner Norcross & Judd LLP | Legal Services | $416,281 |
| Barbour Heating and Air LLC | Hvac Services | $254,310 |
| Barbour Heating and Air LLC | Hvac Services | $254,310 |
| Shepards Care Services LLC | Assisted Living Services | $230,556 |
| Shepards Care Services LLC | Assisted Living Services | $230,556 |
Grants received · $7.5M total
90 grants to Albion College totaling $7.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Institute of Physics Incorporated | Tut excel program for purpose of belonging, resilience, retention, and identity through robotics | 2024 | $200,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $60,600 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $52,000 |
| American Endowment Foundation | Educational | 2024 | $23,500 |
| The Seattle Foundation | To provide general support | 2024 | $20,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $11,889 |
| American Online Giving Foundation Inc | General support | 2024 | $11,199 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $250,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $248,042 |
| Donor Advised Charitable Giving | Education | 2023 | $36,535 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $30,500 |
| American Endowment Foundation | Educational | 2023 | $27,200 |
| American Online Giving Foundation Inc | General support | 2023 | $17,707 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $17,000 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $8,250 |
Grants made · $48K in FY2022
1 grant totaling $48K in FY2022. All grants made by Albion College →
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of the Bohm Theatre | Support of local theater | $48,388 |
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Frequently asked questions
- Is Albion College a legitimate nonprofit?
- Yes. Albion College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-1359081, based in Albion, Michigan. Donations are tax-deductible.
- What is Albion College's EIN?
- Albion College's Employer Identification Number (EIN) is 38-1359081.
- How much revenue does Albion College report?
- Albion College reported $100,603,831 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Albion College's spending goes to programs?
- Albion College spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Albion College have?
- CharityIndex grades Albion College B+, based on program efficiency and fundraising cost.
- How much does Albion College's highest-paid employee make?
- The highest reported compensation on Albion College's latest Form 990 is $344,615, paid to Dr Mathew Johnson Left 0923 (Prior President (severance Pay)).
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Data for Albion College (EIN 38-1359081) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.