Mc Daniel College Inc
95% goes to programs $6 to raise $100 Strong reserves Growing revenue
Mc Daniel College Inc is a 501(c)(3) organization based in Westminster, Maryland, registered in 1934, with $163,017,939 in FY2024 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
2 College Hl, Westminster, MD, 21157 EIN 52-0591694 Since 1934
Revenue (FY2024)
$163.0M
▲ 25.2% vs prior year
Education median: $200K
Expenses (FY2024)
$134.0M
Net assets
$234.4M
Employees
1,480
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% to programs · $6 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 Mc Daniel College Inc: 95% to programs · $6 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +18% 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 Mc Daniel College Inc: 21 mo reserves · +18% margin earns a A 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 Mc Daniel 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 Mc Daniel College Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Students are the focus at mcdaniel and providing the ideal learning environment is our goal.
What they do
Auxiliary services: dining hall services for 1,220 students and residence hall services for 1,290 students.residence hall - at mcdaniel, first, second and third year students all live on campus. in fact, all students are guaranteed housing for all four years. exceptions to the residency requirements are made for those who live nearby with their parents, are married, or are over age 24 or part time.you'll find a range of options, including classic dorm style arrangements and apartment suites, staffed by friendly and capable resident assistants, who are supervised by professional staff. all residences are wired for cable and the internet.dining hall - at mcdaniel, students have a wide range of dining choices, chosen from a variety of meal plans designed for dorm, apartment, or commuter student living. all dining locations are within walking distance and offer extensive hours.
Graduate program of study - full time student equivalency 937.the mission of graduate and professional studies is to prepare culturally competent professionals committed to leadership in their field. students are placed in the center of a community rich in the liberal arts tradition, an emphasis on the foundation of knowledge andcritical decision making based on current research, theory and practice are central to the various programs.two graduate degrees are granted by mcdaniel college: the master of liberal arts, and the master of science. mcdaniel college is accredited by the commission on higher education of the middle states association of colleges and schools. the school is also accredited by the american chemical society, council on social work education, national council for accreditation of teacher education and the maryland state department of education.mcdaniel college graduate and professional studies does more than prepare teachers, administrators, counselors, and a host of educational specialists. at mcdaniel, you will find professional programs in exercise science, gerontology, and human resource management.
Contact & location
- Address
- 2 College Hl, Westminster, MD, 21157
- City
- Westminster
- State
- Maryland
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $101.0M (FY2013) to $163.0M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $49.1MNet assets $234.4M
Operating margin
17.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$283.6M
Total liabilities
$49.1M
Net assets
$234.4M
Salaries & benefits
$40.5M
30% of expenses
Board members
37
37 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $163,017,939▲25.2% | $133,979,013▲2.9% | $234,450,000▲18.1% | $283,578,807▲14.4% | 990 |
| 2023 | $130,205,035▲2.2% | $130,165,145▲0.5% | $198,511,892▲12.2% | $247,790,413▲8.3% | 990 |
| 2022 | $127,413,498▼3.2% | $129,570,108▲0.5% | $176,995,900▼1.3% | $228,894,809▼3.2% | 990 |
| 2021 | $131,683,953▲7.6% | $128,880,474▲7.2% | $179,240,151▼8.8% | $236,481,387▼9.0% | 990 |
| 2020 | $122,423,493▲7.5% | $120,249,523▲4.4% | $196,615,894▲29.1% | $259,992,859▲19.5% | 990 |
| 2019 | $113,872,650▲6.7% | $115,230,241▲11.0% | $152,355,744▼2.6% | $217,534,229▲0.1% | 990 |
| 2017 | $106,680,305▲7.4% | $103,854,471▲2.8% | $156,475,912▲6.9% | $217,345,854▲3.9% | 990 |
| 2016 | $99,326,928▲0.4% | $100,997,164▲1.7% | $146,351,137▲7.0% | $209,284,297▲3.9% | 990 |
| 2015 | $98,903,378▼3.7% | $99,292,342▼1.4% | $136,781,284▼5.1% | $201,376,145▼3.0% | 990 |
| 2014 | $102,718,959▲1.7% | $100,652,649▲5.4% | $144,117,990▼0.5% | $207,699,623▼1.2% | 990 |
| 2013 | $101,005,579 | $95,498,022▲4.0% | $144,858,355▲10.8% | $210,308,630▲5.8% | 990 |
| 2012 | — | $91,781,710▲3.4% | $130,689,453▲8.6% | $198,705,308▼2.4% | 990 |
| 2011 | — | $88,804,361▲4.0% | $120,348,554▼4.3% | $203,569,463▼2.7% | 990 |
| 2010 | — | $85,372,717▲0.8% | $125,739,780▲12.1% | $209,196,906▲6.4% | 990 |
| 2009 | — | $84,729,297 | $112,186,810 | $196,635,061 | 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: Julianne Jasken — $409,553 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Julianne Jasken | President | 35 | $409,553 |
| Flavius Lilly | Provost | 35 | $283,895 |
| Janelle Holmboe | Exec Vp of Constituent Engagement | 35 | $272,658 |
| Eric Simon | Vp Admin & Finance | 35 | $254,427 |
| Dave Sears | Vp Institutional Advancement | 35 | $238,371 |
| Vickie Mazer | Dean of Graduate & Prof Studies | 35 | $190,219 |
| Lawrence Junkin | Senior Avp of Ia | 35 | $176,755 |
| Matthew Ramsey | Grad. Chair & Human Svcs Coord. | 35 | $174,118 |
| Christine Moran | Avp Student Success | 35 | $161,627 |
| Heather Gable | Assoc. Professor/nursing Program Dir. | 35 | $157,466 |
| Carolyn Hojnowski | Avp of Development | 35 | $148,033 |
| Julie Fisher | Avp of Finance | 35 | $130,364 |
| Andrew Cunningham | Dir. Finan. Planning/asst. Treasurer | 35 | $98,005 |
| Erin Benevento | Chief of Staff/secretary | 35 | $87,242 |
| Andrea Phillips | Assoc. Chief of Staff & Events Coord. | 35 | $57,020 |
| Aaron Slaughter | Trustee | 1 | — |
| Albert J Mezzanotte Jr | Trustee | 1 | — |
| Barbara A Thomas | Trustee | 1 | — |
| Barbara Shelton | Trustee | 1 | — |
| Bob Pick | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Campus Works Inc | It Services | $2,173,004 |
| Aramark Management Services | Physical Plant | $1,988,178 |
| Cygnini LLC | Student Recruiting | $552,265 |
| Waybetter Marketing | Student Recruiting | $535,648 |
| Marshall Craft | Building Architect | $505,709 |
Grants received · $3.2M total
84 grants to Mc Daniel College Inc totaling $3.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $69,000 |
| American Online Giving Foundation Inc | General support | 2024 | $24,880 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $12,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,337 |
| Greater Washington Community Foundation | Scholarship | 2024 | $5,000 |
| Donor Advised Charitable Giving | Education | 2023 | $275,167 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $85,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $51,715 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $51,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $16,100 |
| American Online Giving Foundation Inc | General support | 2023 | $15,814 |
| National Philanthropic Tr | Education | 2023 | $15,500 |
| Tulsa Community Foundation | Scholarships | 2023 | $12,500 |
| The San Diego Foundation | For general support | 2023 | $7,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
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Compare Mc Daniel College Inc
Frequently asked questions
- Is Mc Daniel College Inc a legitimate nonprofit?
- Yes. Mc Daniel College Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-0591694, based in Westminster, Maryland. Donations are tax-deductible.
- What is Mc Daniel College Inc's EIN?
- Mc Daniel College Inc's Employer Identification Number (EIN) is 52-0591694.
- How much revenue does Mc Daniel College Inc report?
- Mc Daniel College Inc reported $163,017,939 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mc Daniel College Inc's spending goes to programs?
- Mc Daniel College Inc spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mc Daniel College Inc have?
- CharityIndex grades Mc Daniel College Inc A+, based on program efficiency and fundraising cost.
- How much does Mc Daniel College Inc's highest-paid employee make?
- The highest reported compensation on Mc Daniel College Inc's latest Form 990 is $409,553, paid to Julianne Jasken (President).
More nonprofits in Westminster
Explore more
Data for Mc Daniel College Inc (EIN 52-0591694) 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.