Beloit College
79% goes to programs $10 to raise $100 Strong reserves
Beloit College is a 501(c)(3) organization based in Beloit, Wisconsin, registered in 1941, with $82,394,916 in FY2023 revenue. CharityIndex grades it B+, and it directs about 79% of spending to programs.
700 College St, Beloit, WI, 53511 EIN 39-0808497 Since 1941
Revenue (FY2023)
$82.4M
▲ 4.0% vs prior year
Education median: $200K
Expenses (FY2023)
$85.9M
Net assets
$178.4M
Employees
1,032
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating79% to programs · $10 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 Beloit College: 79% to programs · $10 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating25 mo reserves · -4% 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 Beloit College: 25 mo reserves · -4% margin earns a B+ 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 Beloit College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Beloit College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Beloit college is a residential, independent, national liberal arts college and wisconsin's oldest continuous institution of higher learning. the college is a national leader in delivering a rigorous, time-tested liberal arts experience that students are required to apply and test in their chosen fields of study, local community, social organizations and around the world. the college's commitment to its students, faculty, staff, namesake city and world are called out in its mission statement, a student-ratified statement of culture, as well as its public commitments to inclusivity and diversity, access, and the public good. to learn more about beloit, visit www.beloit.edu/our-story/.
Contact & location
- Address
- 700 College St, Beloit, WI, 53511
- City
- Beloit
- State
- Wisconsin
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $77.8M (FY2013) to $82.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $31.2MNet assets $178.4M
Operating margin
-4.2%
Spent more than it raised in the latest fiscal year.
Total assets
$209.6M
Total liabilities
$31.2M
Net assets
$178.4M
Salaries & benefits
$24.4M
28% of expenses
Board members
28
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $82,394,916▲4.0% | $85,855,097▲1.2% | $178,369,852▲1.0% | $209,597,704▲0.5% | 990 |
| 2022 | $79,216,298▼8.1% | $84,824,256▲1.0% | $176,637,096▼0.5% | $208,467,553▼0.9% | 990 |
| 2021 | $86,166,985▲14.6% | $83,989,322▲8.1% | $177,546,839▼4.4% | $210,386,491▼3.9% | 990 |
| 2020 | $75,213,044▼1.6% | $77,674,978▼1.1% | $185,681,019▲3.4% | $218,918,881▲11.0% | 990 |
| 2019 | $76,424,376▼19.0% | $78,535,765▼9.3% | $179,532,049▲0.7% | $197,195,962▼12.5% | 990 |
| 2018 | $94,391,172▼9.3% | $86,617,633▼3.0% | $178,243,966▼4.2% | $225,318,936▼11.8% | 990 |
| 2017 | $104,073,571▲10.8% | $89,320,609▲0.2% | $186,054,066▲6.2% | $255,528,681▲2.7% | 990 |
| 2016 | $93,933,089▲9.2% | $89,122,237▲8.5% | $175,141,570▲10.5% | $248,744,463▲6.5% | 990 |
| 2015 | $86,055,564▼3.5% | $82,126,273▲6.4% | $158,536,321▼6.8% | $233,558,156▼6.2% | 990 |
| 2014 | $89,136,184▲14.6% | $77,195,618 | $170,057,996▲5.3% | $248,978,268▲4.8% | 990 |
| 2013 | $77,785,742 | $77,173,231▲7.1% | $161,457,606▲4.9% | $237,489,078▲1.6% | 990 |
| 2012 | — | $72,089,351▼3.5% | $153,864,559▲8.8% | $233,649,445▲5.9% | 990 |
| 2011 | — | $74,675,297▲9.7% | $141,438,452▼7.4% | $220,675,323▼3.7% | 990 |
| 2010 | — | $68,086,100▲0.4% | $152,778,642▲9.6% | $229,100,293▲6.3% | 990 |
| 2009 | — | $67,788,550 | $139,382,322 | $215,529,799 | 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 H Scott Bierman — $388,925 (0.45% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr H Scott Bierman | Former President | 0 | $388,925 |
| Mr Eric Boynton | President | 40 | $275,045 |
| Ms Stacie T Scott Treasvp | Finance & Planning (until 3/22/24) | 40 | $200,495 |
| Mr Daniel Schooff | Vp Advancement | 40 | $184,426 |
| Mr Cecil Youngblood | Dean of Equity, Community & Student | 40 | $171,954 |
| Ms Donna Oliver | Provost and Dean of the College | 40 | $157,283 |
| Mr Edward Wilder | Chief Information Officer | 40 | $136,557 |
| Ms Leslie Davidson | Vp of Enrollment (until 09/29/23) | 40 | $133,124 |
| Ms Lorraine Rhead Vp of Hr | & Operations (until 12/31/23) | 40 | $133,028 |
| Ms Erica Daniels Secretary | & Chief of Staff (until 05/31/24) | 40 | $121,459 |
| Ms Martha Stolze | Director of Admissions | 40 | $108,626 |
| Ms Yaffa Grossman | Registrar | 40 | $104,790 |
| Ms Heather Mclean | Associate Vp - Human Resources | 40 | $102,500 |
| Mr David Degeorge | Director of Athletics | 40 | $100,450 |
| Mr Alan George | Trustee | 1 | — |
| Mr Alex Catalan | Trustee | 1 | — |
| Mr Bill Fitzgerald | Trustee | 1 | — |
| Mr Christopher D Bartol | Trustee | 1 | — |
| Mr Dick Niemiec | Chair | 1 | — |
| Mr Donald Carson | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bon Appetit Management Co | Food Service | $3,287,602 |
| Brabazon Title Team Group LLC | Title Services | $1,535,636 |
| Furman Bros LLC | Maintenance Services | $553,240 |
| Angus-young Associates Inc | Architectural Services | $439,900 |
| Hc Anderson Roofing Co Inc | Roofing Services | $262,515 |
Grants received · $5.6M total
126 grants to Beloit College totaling $5.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $106,500 |
| Fjc | General operating support | 2024 | $36,000 |
| Greater Milwaukee Foundation Inc | Victor vega educational fund | 2024 | $23,797 |
| American Online Giving Foundation Inc | General support | 2024 | $16,668 |
| American Endowment Foundation | Educational | 2024 | $15,500 |
| Paypal Charitable Giving Fund | General support | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $8,311 |
| Ayco Charitable Foundation | Education | 2024 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $340,950 |
| Donor Advised Charitable Giving | Education | 2023 | $127,883 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $106,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $50,000 |
| Fjc | General operating support | 2023 | $34,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $30,500 |
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Compare Beloit College
Frequently asked questions
- Is Beloit College a legitimate nonprofit?
- Yes. Beloit College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-0808497, based in Beloit, Wisconsin. Donations are tax-deductible.
- What is Beloit College's EIN?
- Beloit College's Employer Identification Number (EIN) is 39-0808497.
- How much revenue does Beloit College report?
- Beloit College reported $82,394,916 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Beloit College's spending goes to programs?
- Beloit College spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Beloit College have?
- CharityIndex grades Beloit College B+, based on program efficiency and fundraising cost.
- How much does Beloit College's highest-paid employee make?
- The highest reported compensation on Beloit College's latest Form 990 is $388,925, paid to Dr H Scott Bierman (Former President).
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Data for Beloit College (EIN 39-0808497) 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.