Voorhees College
Nonprofit profile at a glance
- EIN
- 570329786
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Denmark, SC, USA
- Phone
- 8037801149
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Undergraduate College (4-year)
Reported finances
- Revenue
- $36,885,380
- Expenses
- $39,114,238
- Assets
- $35,714,358
- Liabilities
- $4,017,408
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- Dr Damara Hightower-Mitchel (Provost and Founding Executive Director)
Highest reported compensation
- Ronnie Hopkins (VP of Academic Affairs): $188,370 total reported compensation
- Dr Damara Hightower-Mitchel (Provost and Founding Executive Director): $166,238 total reported compensation
- Tondelya Green-Jackson (Director Center for Excellence): $105,788 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate a teaching facility and provide higher education opportunities to interested and eligible individuals.
What it reported doing in 2024
Student Services -programs, departments, and activities that support students outside the classroom. Their purpose is to promote student success, retention, graduation, and overall well-being. These include Academic Support, Student Affairs, Career Services, Counseling Wellness, Health Services, Financial Aid and Enrollment Services, etc.
Operating model
- Revenue model
- Grant-funded. 62% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 69
- Accountability: 77
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71%; rating input score 71
- Program expense ratio: 65.9%; rating input score 66
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 6th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 80.3%; rating input score 80; 16th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.91; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: 8.7% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 17th percentile among comparable filings
Details
- Where the money goes: 71% of revenue deployed · 65.9% of spending went to programs
- Governance: 22 of 22 board members independent · 4 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $36.8M in reported program spending
- Leadership: top reported pay $188K · 25 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes grants and executive pay
- Filing history: 12 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- High — Sustainability: Operating margin scored 15/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.