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OLIVET COLLEGE

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Public IRS 990 nonprofit record

OLIVET COLLEGE

EIN 38-1459365 · Education (B420)

What they do

to PROVIDE A UNIQUE LIBERAL ARTS EDUCATION ALLOWING STUDENTS to ENGAGE IN BOTH CURRICULAR and CO CURRICULAR PROGRAMS THAT COMBINE REAL WORLD EXPERIENCES WITH LECTURES and SERVICE LEARNING.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $86.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders42 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.86%of revenue went to mission work86.3% of expenses · Program services
1.52%of revenue went to fundraising1.4% of expenses
$108.79spent for every $100 of revenueSpending was higher than revenue this year.
13.21%of revenue went to management and office costs12.1% of expenses
$1.61in assets for every $1 spent this yearSome assets cannot be spent right away.
7.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,984,055 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$45,312,869
Mission workProgram services$42,531,55693.86% of revenue86.3% of expenses
ManagementOffice and general costs$5,987,34813.21% of revenue12.1% of expenses
FundraisingAsking for donations$688,0201.52% of revenue1.4% of expenses
Total expenses$49,296,924108.79% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 86.3% mission · 12.1% management · 1.4% fundraisingTotal expenses: 108.79% of revenue
2023Expense mix: 87.3% mission · 10.6% management · 2.1% fundraisingTotal expenses: 109.09% of revenue
2022Expense mix: 88.3% mission · 9.1% management · 2.6% fundraisingTotal expenses: 108.90% of revenue
2021Expense mix: 89.9% mission · 8.4% management · 1.8% fundraisingTotal expenses: 98.30% of revenue
2020Expense mix: 89.7% mission · 8.4% management · 2.0% fundraisingTotal expenses: 96.59% of revenue
2019Expense mix: 89.3% mission · 6.9% management · 3.8% fundraisingTotal expenses: 102.32% of revenue
2018Expense mix: 88.5% mission · 7.7% management · 3.9% fundraisingTotal expenses: 108.41% of revenue
2017Expense mix: 88.0% mission · 7.6% management · 4.4% fundraisingTotal expenses: 93.71% of revenue

Money in and money out

Revenue$45,312,869
Expenses$49,296,924
Annual shortfall $3,984,055 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$42,531,556 · 86.3% of expenses
Management and office costs$5,987,348 · 12.1% of expenses
Fundraising$688,020 · 1.4% of expenses
See all reported dollar amounts
Revenue$45,312,869
Expenses$49,296,924
Assets$79,301,204
Income$56,097,058
Contributions$3,545,169
Mission work (program services)$42,531,556
Fundraising$688,020
Management and general$5,987,348
Stocks and bonds$17,307,153
Investing fees$53,083
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (42)

PAUL BURKHARDTPROVOST

JEFF WILDERNTREASURER

JOHN JONESTRUSTEE AT-LARGE

KAREN CHANEYASSOC. PROVOST

KAREN PRESTONTRUSTEE

KAY KOSSENTRUSTEE

KIRK HENDERSHOTT-KRAETZERFACULTY

LINDA HARLESTON-EATONTRUSTEE AT-LARGE

MARK DERUITERVP/CFO

MIKE DIETERLETRUSTEE

PAMELA HEOSTRUSTEE

JASON CONKINTRUSTEE

PHILLIP REEDFACULTY

ROD HATHAWAYTRUSTEE

RYAN SHOCKEYVP/CHIEF OF STAFF

SARA WALLACETRUSTEE

SARAH JENNINGSTRUSTEE

SUE TOPPINGTRUSTEE

THOMAS BURKETRUSTEE

VERONICA MURFFTRUSTEE

VICKI STOUFFERVP FOR ADVANCEMENT

DR JOHN SCHWARZTRUSTEE

AUDRA CARSONTRUSTEE

BARRY POULSONFACULTY

BREANNA OKEEFETRUSTEE

CHUCK MEFFORDTRUSTEE

CORNELIUS DARCYVP ENROLLMENT MANAGEMENT

DAVID LABRECQUETRUSTEE AT-LARGE

DENISE P HOODTRUSTEE

DENNIS FRANKPROGRAM DIRECTOR, COUNSELING

DR ALYSSA KENISTONTRUSTEE

DR DARLENE LEETRUSTEE

ALBERT ROSENTHALERTRUSTEE

DR JUSTIN KLAMERUSTRUSTEE

DR MARGARET DIMONDVICE CHAIR

DR SHARON HOBBSSECRETARY

DR STEPHEN BURTONTRUSTEE

DR STEVEN COREYPRESIDENT

DR TIMOTHY HODGECHAIR

G ASENATH ANDREWSTRUSTEE

JAMES ROSE JRTRUSTEE

JAMEY FITZPATRICKTRUSTEE

About this charity

Recognized since
January 1952
Location
320 S MAIN ST, OLIVET, MI 49076-9406
County
Eaton
In care of
% MARK DERUITER
Primary officer
KARA GILLIARD, CFO

How to reach them

WebsiteVisit the charity’s website Emailmmccauley@uolivet.edu Phone(269) 749-7000

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
FORVIS MAZARS LLP
NTEE classification
Education (B420)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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