Edgewood College Inc
88% goes to programs $41 to raise $100 Strong reserves
Edgewood College Inc is a 501(c)(3) organization based in Madison, Wisconsin, registered in 1946, with $68,871,673 in FY2024 revenue. CharityIndex grades it B, and it directs about 88% of spending to programs.
1000 Edgewood College Dr, Madison, WI, 53711 EIN 39-0806202 Since 1946
Revenue (FY2024)
$68.9M
▲ 9.5% vs prior year
Education median: $200K
Expenses (FY2024)
$70.3M
Net assets
$145.6M
Employees
1,133
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
CProgram efficiency40% of the rating88% to programs · $41 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 Edgewood College Inc: 88% to programs · $41 to raise $100 earns a C on this criterion. See the exact thresholds →
B+Financial health25% of the rating25 mo reserves · -2% 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 Edgewood College Inc: 25 mo reserves · -2% 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 Edgewood College Inc: 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 Edgewood College Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide a quality higher education.
What they do
Auxillary services- residence hall and food service serving approximately 496 student residents.
Contact & location
- Address
- 1000 Edgewood College Dr, Madison, WI, 53711
- City
- Madison
- State
- Wisconsin
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $65.9M (FY2013) to $68.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $17.1MNet assets $145.6M
Operating margin
-2.0%
Spent more than it raised in the latest fiscal year.
Total assets
$162.7M
Total liabilities
$17.1M
Net assets
$145.6M
Salaries & benefits
$30.3M
43% of expenses
Board members
22
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $68,871,673▲9.5% | $70,275,796▲12.9% | $145,617,990▲1.7% | $162,734,760▲2.1% | 990 |
| 2023 | $62,892,572▲6.6% | $62,248,234▲4.5% | $143,250,440▲4.1% | $159,379,864▲3.1% | 990 |
| 2022 | $58,997,427▼5.3% | $59,563,147▼0.2% | $137,580,563▼0.8% | $154,596,804▼0.2% | 990 |
| 2021 | $62,271,469▼3.6% | $59,675,218▲1.6% | $138,701,170▼2.0% | $154,943,300▼3.7% | 990 |
| 2020 | $64,618,208▲10.9% | $58,757,453▼7.3% | $141,490,389▲14.6% | $160,826,840▲9.9% | 990 |
| 2019 | $58,278,485▼7.3% | $63,365,090▲1.1% | $123,425,484▼3.4% | $146,286,530▼2.5% | 990 |
| 2018 | $62,864,352▼2.2% | $62,666,923▲2.0% | $127,796,026▼2.3% | $150,081,685▼2.3% | 990 |
| 2017 | $64,246,099▲2.7% | $61,435,621▲0.3% | $130,778,145▲4.3% | $153,623,675▲2.9% | 990 |
| 2016 | $62,573,586▼2.0% | $61,240,697▲1.2% | $125,380,695▲4.7% | $149,345,818▲1.0% | 990 |
| 2015 | $63,851,569▼4.4% | $60,519,384▲1.6% | $119,760,358▲0.2% | $147,843,139▲6.3% | 990 |
| 2014 | $66,798,398▲1.4% | $59,565,356▲0.2% | $119,569,091▲5.9% | $139,083,571▲4.7% | 990 |
| 2013 | $65,856,597 | $59,419,667▲3.9% | $112,935,670▲10.6% | $132,897,799▲8.5% | 990 |
| 2012 | — | $57,184,142▲7.6% | $102,132,280▲7.8% | $122,477,020▲4.1% | 990 |
| 2010 | — | $53,163,031▲10.1% | $94,768,604▲9.7% | $117,662,696▲7.4% | 990 |
| 2009 | — | $48,295,294 | $86,404,735 | $109,565,803 | 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 (FY2024)
Highest-paid: Andrew Manion — $363,349 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Manion | President | 40 | $363,349 |
| William Mangan | Vp For Academic Affairs | 40 | $205,569 |
| Margaret Noreuil | Dean of Nursing, Bus. & Health | 40 | $184,645 |
| Victoria Palmisano | Assoc Dean Business | 40 | $179,141 |
| Amanda Berg | Vice President of Finance | 40 | $179,082 |
| Ann Madden | Program Director Dnp-na | 40 | $164,892 |
| Paul Eggers | Vp For Growth and Innovation | 40 | $161,157 |
| Katie Vesperman | Vp Institutional Advancement | 40 | $143,517 |
| Quinn Mullikin | Assoc Dean Nursing | 40 | $142,738 |
| Arhelia Dalla Costa Behm | Vp For Administration | 40 | $141,964 |
| Louise Stracener | Board Member/faculty | 40 | $70,799 |
| Jeanne Leep | Board Member/faculty | 40 | $66,704 |
| Corinda Rainey-moore | Board Member | 1 | — |
| Dan Black | Board Member | 1 | — |
| Dan Fahey | Board Member | 1 | — |
| David Wittwer | Vice Chair | 1 | — |
| Jac Garner | Chair | 1 | — |
| Jake Orville | Board Member | 1 | — |
| Jeanan Yasiri Moe | Secretary | 1 | — |
| Joe Gothard | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Upgrad Inc | Marketing and Student Support Services | $3,863,637 |
| Consolidated Management Company | Food Service Vendor | $1,952,343 |
| Eab Global Inc | Marketing and Advisory Services | $715,106 |
| Cdw Government LLC | It Technology Purchasing Group | $583,692 |
| Waicu | Membership Services & It Consortium | $477,291 |
Grants received · $2.6M total
44 grants to Edgewood College Inc totaling $2.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Edgewood College Inc a legitimate nonprofit?
- Yes. Edgewood College Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-0806202, based in Madison, Wisconsin. Donations are tax-deductible.
- What is Edgewood College Inc's EIN?
- Edgewood College Inc's Employer Identification Number (EIN) is 39-0806202.
- How much revenue does Edgewood College Inc report?
- Edgewood College Inc reported $68,871,673 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Edgewood College Inc's spending goes to programs?
- Edgewood College Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Edgewood College Inc have?
- CharityIndex grades Edgewood College Inc B, based on program efficiency and fundraising cost.
- How much does Edgewood College Inc's highest-paid employee make?
- The highest reported compensation on Edgewood College Inc's latest Form 990 is $363,349, paid to Andrew Manion (President).
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Data for Edgewood College Inc (EIN 39-0806202) 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.