Powered by CharityEZ

CharityEZ

Charity report ready

BEREA COLLEGE

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This takes you back to the exact search that opened this report.

Public IRS 990 nonprofit record

BEREA COLLEGE

EIN 61-0444650 · Education (B420)

What they do

BEREA TRANSFORMS THE LIVES of STUDENTS and FAMILIES BY ADMITTING STUDENTS of HIGH PROMISE and LOW MEANS. CORE to ITS MISSION of TRANSFORMING LIVES and CIRCUMSTANCES, BEREA COLLEGE COVERS ALL COSTS BEYOND WHAT THE STUDENT AID INDEX IN THE FAFSA SPECIFIES ARE THE RESPONSIBILITY of THE STUDENT and FAMILY. FURTHERMORE, IT COVERS THESE COSTS WITHOUT PACKAGING LOANS, WHICH is WHY BEREA STUDENTS HAVE THE LOWEST EDUCATIONAL DEBT IN THE COUNTRY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $76.90 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 leaders47 people are listed in the latest report.

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

Money made simple

47.05%of revenue went to mission work76.9% of expenses · Program services
3.65%of revenue went to fundraising6.0% of expenses
$61.20spent for every $100 of revenueRevenue covered expenses this year.
10.50%of revenue went to management and office costs17.2% of expenses
$17.56in assets for every $1 spent this yearSome assets cannot be spent right away.
22.6%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.

Pay context: The highest compensation shown in this filing is $516,766 for NIXON CHERYL L (PRESIDENT). Compare pay with organizations of similar size and complexity.

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$212,253,438
Mission workProgram services$99,864,77847.05% of revenue76.9% of expenses
ManagementOffice and general costs$22,292,90510.50% of revenue17.2% of expenses
FundraisingAsking for donations$7,740,4753.65% of revenue6.0% of expenses
Revenue left after expensesReported annual surplus$82,355,28038.80% of revenueShown in gray on the chart
Total expenses$129,898,15861.20% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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: 76.9% mission · 17.2% management · 6.0% fundraisingTotal expenses: 61.20% of revenue
2023Expense mix: 76.7% mission · 17.6% management · 5.6% fundraisingTotal expenses: 87.21% of revenue
2022Expense mix: 81.4% mission · 13.8% management · 4.8% fundraisingTotal expenses: 85.16% of revenue
2021Expense mix: 84.8% mission · 10.6% management · 4.6% fundraisingTotal expenses: 63.98% of revenue
2020Expense mix: 84.6% mission · 10.7% management · 4.8% fundraisingTotal expenses: 76.67% of revenue
2019Expense mix: 85.2% mission · 10.3% management · 4.5% fundraisingTotal expenses: 69.56% of revenue
2018Expense mix: 84.4% mission · 10.7% management · 4.9% fundraisingTotal expenses: 52.83% of revenue
2017Expense mix: 82.4% mission · 13.1% management · 4.5% fundraisingTotal expenses: 72.59% of revenue

Money in and money out

Revenue$212,253,438
Expenses$129,898,158
Annual surplus $82,355,280 Revenue was higher than expenses 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)$99,864,778 · 76.9% of expenses
Management and office costs$22,292,905 · 17.2% of expenses
Fundraising$7,740,475 · 6.0% of expenses
See all reported dollar amounts
Revenue$212,253,438
Expenses$129,898,158
Assets$2,281,399,170
Income$301,705,868
Contributions$47,964,636
Mission work (program services)$99,864,778
Fundraising$7,740,475
Grants given$9,375,482
Average grant$20,206
Management and general$22,292,905
Stocks and bonds$1,377,612,000
Accounting fees$204,737
Investing fees$1,041,826
People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation
NIXON CHERYL LPRESIDENT · 60 hrs/week $516,766Base $430,956 · Other $85,810
WILSON II JUDGE BSECRETARY/GENERAL COUNSEL · 40 hrs/week $329,591Base $286,989 · Other $42,602
BERRY CHADVP FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY · 50 hrs/week $323,545Base $288,204 · Other $35,341
ROELOFS LYLE DFORMER OFFICER (AS PRESIDENT OF BEREA COLLEGE) $313,195Base $280,626 · Other $32,569
AMBURGEY JEFFREY SVICE PRESIDENT FOR FINANCE · 50 hrs/week $262,585Base $220,187 · Other $42,398
SINGLETON DERRICKVP FOR OPERATIONS & SUSTAINABILITY · 50 hrs/week $252,557Base $205,869 · Other $46,688
STEELE SCOTTPROVOST · 50 hrs/week $243,031Base $207,317 · Other $35,714
SADERHOLM MATTDEAN OF FACULTY · 50 hrs/week $232,063Base $185,112 · Other $46,951
KENNISON MONICACHAIR OF NURSING · 40 hrs/week $225,600Base $189,627 · Other $35,973
THOMPSON TERICHIEF STRATEGY OFFICER · 50 hrs/week $194,889Base $171,698 · Other $23,191
LOGSDON PHILLIPCHIEF INFORMATION OFFICER · 50 hrs/week $188,641Base $144,960 · Other $43,681
TERESA DAVISSENIOR AVP FOR PHILANTHROPY · 40 hrs/week $188,107Base $158,708 · Other $29,399

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (47)

NIXON CHERYL LPRESIDENT

WILSON II JUDGE BSECRETARY/GENERAL COUNSEL

BERRY CHADVP FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY

ROELOFS LYLE DFORMER OFFICER (AS PRESIDENT OF BEREA COLLEGE)

AMBURGEY JEFFREY SVICE PRESIDENT FOR FINANCE

SINGLETON DERRICKVP FOR OPERATIONS & SUSTAINABILITY

STEELE SCOTTPROVOST

SADERHOLM MATTDEAN OF FACULTY

KENNISON MONICACHAIR OF NURSING

THOMPSON TERICHIEF STRATEGY OFFICER

LOGSDON PHILLIPCHIEF INFORMATION OFFICER

TERESA DAVISSENIOR AVP FOR PHILANTHROPY

PEARCE JANCHAIR OF COMPUTER SCIENCE

MACK DWAYNEVP FOR DIVERSITY EQUITY INCLUSION

LAWSON STEVEASSOC VP FOR HUMAN RESOURCES

ROBINSON COLLISDEAN OF LABOR

SOWERS NANCYCHAIR OF ECONOMICS & BUSINESS

POYNTER BARRYVICE PRESIDENT FOR ACCOUNTING (PARTIAL YEAR)

ROOP DENNIS RTRUSTEE

ALLUMSVICKI ETRUSTEE

ROBBINS WILLIAM LTRUSTEE

TUFFOUR EMMANUEL ATRUSTEE

TUAN ROCKY STRUSTEE

SEABURY II CHARLES WARDTRUSTEE

ZEIGLER STEPHANIE BOWLINGCHAIR

SLOAN DAVIDTRUSTEE

THOMPSON TYLER STRUSTEE

TORRES MEGANTRUSTEE

FLEMING JOHN ETRUSTEE

BLADE VANCETRUSTEE

BONNYMAN ANNE BERRYTRUSTEE

BRIDY JOSEPH JOHNTRUSTEE

CAMPBELL STEPHENTRUSTEE

COMPTON DWAYNETRUSTEE

CROWE CHARLESTRUSTEE

DAUGHERTY BILLTRUSTEE

DEAN DONNA JTRUSTEE

EARP SAMANTHAVICE CHAIR

PHILLIPS ROBERTTRUSTEE

FLOWERS MICHAEL DTRUSTEE

GALLARDO YOLITRUSTEE

GENTRY JODI DTRUSTEE

JENKINS SCOTT MDIRECTOR

JENNINGS GLENN RTRUSTEE

JOHNSON SHAWN C DTRUSTEE

LANE BRENDA WTRUSTEE

LOWE JR EUGENE YTRUSTEE

About this charity

Recognized since
January 1953
Location
CPO 2214, BEREA, KY 40404-0001
County
Madison
In care of
Barry Poynter
Primary officer
Barry Poynter, Vice President for Finance

How to reach them

WebsiteVisit the charity’s website Phone(859) 985-3082

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CROWE LLP
NTEE classification
Education (B420)
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

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

Back to search results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free