Oglethorpe University Inc
86% goes to programs $54 to raise $100 Strong reserves
Oglethorpe University Inc is a 501(c)(3) organization based in Brookhaven, Georgia, registered in 1936, with $77,030,184 in FY2023 revenue. CharityIndex grades it B+, and it directs about 86% of spending to programs.
4484 Peachtree Rd Ne, Brookhaven, GA, 30319 EIN 58-0568698 Since 1936
Revenue (FY2023)
$77.0M
▼ 3.3% vs prior year
Education median: $200K
Expenses (FY2023)
$80.2M
Net assets
$119.8M
Employees
710
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 rating86% to programs · $54 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 Oglethorpe University Inc: 86% to programs · $54 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating18 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 Oglethorpe University Inc: 18 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 Oglethorpe University 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 Oglethorpe University Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Institution of higher education
What they do
Student services - the costs of extracurricular and student-oriented services and programs designed to enhance the learning environment.
Academic support, the costs of activities associated with the support of the campus and residential community.
Contact & location
- Address
- 4484 Peachtree Rd Ne, Brookhaven, GA, 30319
- City
- Brookhaven
- State
- Georgia
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $42.7M (FY2013) to $77.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $9.2MNet assets $119.8M
Operating margin
-4.1%
Spent more than it raised in the latest fiscal year.
Total assets
$129.0M
Total liabilities
$9.2M
Net assets
$119.8M
Salaries & benefits
$22.8M
28% of expenses
Board members
34
33 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $77,030,184▼3.3% | $80,224,175▲0.6% | $119,815,717▲0.2% | $129,042,825▼0.7% | 990 |
| 2022 | $79,636,682▲0.4% | $79,744,547▲6.2% | $119,529,018▲1.7% | $129,925,400 | 990 |
| 2021 | $79,351,321▲0.7% | $75,089,616▲11.5% | $117,520,198▼1.1% | $129,894,458▼3.4% | 990 |
| 2020 | $78,800,641▲23.4% | $67,329,330▲6.9% | $118,788,930▲14.5% | $134,446,425▲10.4% | 990 |
| 2019 | $63,852,257▲8.5% | $62,960,096▲11.1% | $103,779,628▲3.4% | $121,780,762▲1.7% | 990 |
| 2018 | $58,854,183▼15.6% | $56,690,659▲7.5% | $100,339,317▲1.3% | $119,774,341▲1.4% | 990 |
| 2017 | $69,733,113▲22.3% | $52,716,342▲7.2% | $99,035,262▲23.8% | $118,167,100▲21.0% | 990 |
| 2016 | $56,996,107▲14.1% | $49,161,119▲7.8% | $80,002,346▲11.4% | $97,634,004▲6.0% | 990 |
| 2015 | $49,942,801▼11.4% | $45,612,379▲3.3% | $71,840,330▲4.7% | $92,070,802▼0.1% | 990 |
| 2014 | $56,383,602▲32.2% | $44,176,376▲6.8% | $68,583,028▲20.6% | $92,206,983▲12.8% | 990 |
| 2013 | $42,661,336 | $41,344,514▲4.1% | $56,856,740▲3.3% | $81,757,463▼0.3% | 990 |
| 2012 | — | $39,718,717▼2.2% | $55,026,102▲5.6% | $81,973,593▲8.5% | 990 |
| 2011 | — | $40,631,719▲7.3% | $52,117,633▲16.8% | $75,521,733▲13.6% | 990 |
| 2010 | — | $37,870,692▲8.5% | $44,620,990▲1.4% | $66,457,191▲0.3% | 990 |
| 2009 | — | $34,905,438 | $44,010,896 | $66,268,280 | 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: Peter David Stobie — $291,562 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Peter David Stobie | Senior Vp Coo Cfo | 40 | $291,562 |
| Kathryn Mcclymond | President/ex-officio | 60 | $281,928 |
| Nicholas Ladany | Ex-president/ex-officio | 40 | $236,866 |
| Stephen Craft | Dean of the Hammack Business School | 40 | $205,954 |
| Rebecca Sandidge | Vp of Enrollment Management | 40 | $198,154 |
| Regina Mincberg Bennett | General Counsel & Chief of Staff | 40 | $164,264 |
| Meredith Lynne Raimondo | Vice President of Student Affairs | 40 | $162,944 |
| Kendra A King Momon | Associate Provost | 40 | $162,614 |
| Cameron M Bready | Trustee | 1 | — |
| Dr William O Shropshire | Trustee | 1 | — |
| Joselyn Butler Baker | Secretary | 2 | — |
| Milford Mcguirt | Treasurer | 2 | — |
| Mr Chad Smith | Trustee | 1 | — |
| Mr Cliff Foster | Trustee | 1 | — |
| Mr Cody L Partin | Trustee | 1 | — |
| Mr D Austin Gillis | Trustee | 1 | — |
| Mr David M Leonard | Trustee | 1 | — |
| Mr David R Pass | Trustee | 1 | — |
| Mr Denis J Duncan | Trustee | 1 | — |
| Mr Glen Jackson | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aramark Services | Food Service Vendor | $3,006,168 |
| Mckenney's Inc | Hvac Services | $1,070,360 |
| P3 Painting and Renovations Inc | Painting & Repairs Services | $314,390 |
| Epic LLC | Repairs Services & Construction | $299,912 |
| Ellucian Inc | Software | $254,881 |
Grants received · $4.9M total
72 grants to Oglethorpe University Inc totaling $4.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Frequently asked questions
- Is Oglethorpe University Inc a legitimate nonprofit?
- Yes. Oglethorpe University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-0568698, based in Brookhaven, Georgia. Donations are tax-deductible.
- What is Oglethorpe University Inc's EIN?
- Oglethorpe University Inc's Employer Identification Number (EIN) is 58-0568698.
- How much revenue does Oglethorpe University Inc report?
- Oglethorpe University Inc reported $77,030,184 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Oglethorpe University Inc's spending goes to programs?
- Oglethorpe University Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Oglethorpe University Inc have?
- CharityIndex grades Oglethorpe University Inc B+, based on program efficiency and fundraising cost.
- How much does Oglethorpe University Inc's highest-paid employee make?
- The highest reported compensation on Oglethorpe University Inc's latest Form 990 is $291,562, paid to Peter David Stobie (Senior Vp Coo Cfo).
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Data for Oglethorpe University Inc (EIN 58-0568698) 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.