Civic Intelligence

Wesleyan College

EIN 58-0593438 • 501(c)3 • Macon, GA

View Organization Page

Profile

Educational Institution

4760 Forsyth RoadMacon, GA 31210-4462

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.12x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.37x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$295,051

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

40th percentile

3.8%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$105,632,762

Up $3,834,713 (+3.8%) from 2023

Liabilities

Down

$12,595,776

Down $3,576 (-0.0%) from 2023

Net Assets

Up

$93,036,986

Up $3,838,289 (+4.3%) from 2023

Operations
Liabilities / Revenue47th percentileNet Margin66th percentile

Revenue

Up

$34,048,696

Up $3,281,109 (+11%) from 2023

Expenses

Up

$30,210,407

Up $2,540,137 (+9.2%) from 2023

Net Income

Up

$3,838,289

Up $740,972 (+24%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $85,096,669Liabilities 2010: $13,842,402Net Assets 2010: $71,254,2672010Assets 2011: $102,090,359Liabilities 2011: $20,809,577Net Assets 2011: $81,280,7822011Assets 2012: $96,556,328Liabilities 2012: $19,729,448Net Assets 2012: $76,826,8802012Assets 2013: $100,797,801Liabilities 2013: $20,187,826Net Assets 2013: $80,609,9752013Assets 2014: $106,761,696Liabilities 2014: $19,741,969Net Assets 2014: $87,019,7272014Assets 2015: $105,106,828Liabilities 2015: $21,012,738Net Assets 2015: $84,094,0902015Assets 2016: $100,740,405Liabilities 2016: $19,769,751Net Assets 2016: $80,970,6542016Assets 2017: $102,742,114Liabilities 2017: $18,602,460Net Assets 2017: $84,139,6542017Assets 2018: $100,599,518Liabilities 2018: $18,118,040Net Assets 2018: $82,481,4782018Assets 2019: $96,970,565Liabilities 2019: $16,536,034Net Assets 2019: $80,434,5312019Assets 2020: $93,556,815Liabilities 2020: $14,510,185Net Assets 2020: $79,046,6302020Assets 2021: $108,613,719Liabilities 2021: $14,036,919Net Assets 2021: $94,576,8002021Assets 2022: $99,050,163Liabilities 2022: $12,948,783Net Assets 2022: $86,101,3802022Assets 2023: $101,798,049Liabilities 2023: $12,599,352Net Assets 2023: $89,198,6972023Assets 2024: $105,632,762Liabilities 2024: $12,595,776Net Assets 2024: $93,036,9862024

Highlighted filing

2024

Assets$105,632,762
Liabilities$12,595,776
Net Assets$93,036,986
Open 2024 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $19,849,5512010Expenses 2011: $20,383,1002011Expenses 2012: $21,135,9982012Revenue 2013: $25,660,756Expenses 2013: $21,877,661Net Income 2013: $3,783,0952013Revenue 2014: $28,973,042Expenses 2014: $22,563,291Net Income 2014: $6,409,7512014Revenue 2015: $20,240,344Expenses 2015: $23,165,982Net Income 2015: -$2,925,6382015Revenue 2016: $20,739,336Expenses 2016: $23,862,772Net Income 2016: -$3,123,4362016Revenue 2017: $26,748,530Expenses 2017: $23,579,530Net Income 2017: $3,169,0002017Revenue 2018: $22,335,355Expenses 2018: $23,993,531Net Income 2018: -$1,658,1762018Revenue 2019: $24,708,474Expenses 2019: $26,755,421Net Income 2019: -$2,046,9472019Revenue 2020: $22,907,446Expenses 2020: $24,295,347Net Income 2020: -$1,387,9012020Revenue 2021: $40,806,463Expenses 2021: $25,276,293Net Income 2021: $15,530,1702021Revenue 2022: $18,147,535Expenses 2022: $26,622,955Net Income 2022: -$8,475,4202022Revenue 2023: $30,767,587Expenses 2023: $27,670,270Net Income 2023: $3,097,3172023Revenue 2024: $34,048,696Expenses 2024: $30,210,407Net Income 2024: $3,838,2892024

Highlighted filing

2024

Revenue$34,048,696
Expenses$30,210,407
Net Income$3,838,289
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$105,632,762
Liabilities
$12,595,776
Net assets
$93,036,986
Revenue
$34,048,696
Expenses
$30,210,407
Net income
$3,838,289
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$106$12.6$93.0$34.0$30.2$3.84
2023Detailed filing. Detailed filing data is available for this year.$102$12.6$89.2$30.8$27.7$3.10
2022Detailed filing. Detailed filing data is available for this year.$99.1$12.9$86.1$18.1$26.6$8.48
2021Detailed filing. Detailed filing data is available for this year.$109$14.0$94.6$40.8$25.3$15.5
2020Detailed filing. Detailed filing data is available for this year.$93.6$14.5$79.0$22.9$24.3$1.39
2019Detailed filing. Detailed filing data is available for this year.$97.0$16.5$80.4$24.7$26.8$2.05
2018Detailed filing. Detailed filing data is available for this year.$101$18.1$82.5$22.3$24.0$1.66
2017Detailed filing. Detailed filing data is available for this year.$103$18.6$84.1$26.7$23.6$3.17
2016Detailed filing. Detailed filing data is available for this year.$101$19.8$81.0$20.7$23.9$3.12
2015Detailed filing. Detailed filing data is available for this year.$105$21.0$84.1$20.2$23.2$2.93
2014Detailed filing. Detailed filing data is available for this year.$107$19.7$87.0$29.0$22.6$6.41
2013Summary only. Only limited summary data is available for this year.$101$20.2$80.6$25.7$21.9$3.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.6$19.7$76.8$21.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$20.8$81.3$20.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.1$13.8$71.3$19.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$34,048,696
Mission and Program Overview

Mission

EDUCATIONAL INSTITUTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$43,226,897$45,276,043▲ $2,049,146
Land, Buildings, and Equipment, Net$34,549,856$35,338,389▲ $788,533
Investments Other Securities$12,294,210$12,861,577▲ $567,367
Pledges and Grants Receivable$2,030,123$3,029,297▲ $999,174
Cash and Non-Interest-Bearing Accounts$575,588$1,108,084▲ $532,496
Accounts Receivable$1,417,833$936,829▼ $481,004
Prepaid Expenses and Deferred Charges$143,800$192,445▲ $48,645
Other Notes and Loans Receivable, Net$205,471$172,842▼ $32,629
Total Assets$101,798,049$105,632,762▲ $3,834,713
Other Assets Total$7,354,271$6,717,256▼ $637,015
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,878,090$9,806,462▼ $1,071,628
Other Liabilities$933,093$1,022,314▲ $89,221
Deferred Revenue$371,059$970,657▲ $599,598
Accounts Payable and Accrued Expenses$417,110$796,343▲ $379,233
Total Liabilities$12,599,352$12,595,776▼ $3,576
Net Assets / Fund Balance
Net Assets With Donor Restrictions$64,258,351$62,463,540▼ $1,794,811
Net Assets Without Donor Restrictions$24,940,346$30,573,446▲ $5,633,100
Total Net Assets Fund Balance$89,198,697$93,036,986▲ $3,838,289
Total Liabilities and Net Assets / Fund Balance$101,798,049$105,632,762▲ $3,834,713

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,307,535$27,464,570$55,772,105
Other Land Buildings$5,843,502$12,617,742$18,461,244
Leasehold Improvements$857,515$3,047,671$3,905,186
Equipment$90,846$319,325$410,171
Land$238,991-$238,991
Other Assets Org$356,416--
Other Securities$12,861,577--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$59,147,763$226,985▲ $6,929,144$-5,634,977$60,668,915
2022$58,240,802$668,547▲ $5,936,982$-5,698,568$59,147,763
2021$66,391,798$2,471,529▼ $7,855,562$-2,766,957$58,240,802
2020$53,357,692$936,894▲ $14,595,244$-2,498,038$66,391,792
2019$56,767,129$283,359▲ $2,832,108$-6,524,904$53,357,692
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meaghan BlightPresidentFT$268,791$26,260$295,051
Drew DavidsonVP-enr & MarFT$170,902$18,056$188,958
Drew DavidsonVP-enr & Marketing-$170,902$18,056$188,958
Timothy KlockoCFOFT$142,036$11,587$153,623
Sarah MccarthyVP of AdvancFT$136,694$1,493$138,187
Melody a BlakeProvost andFT$138,114$24$138,138
Carrie IngoldsbyVP of Sa andFT$100,929$8,314$109,243
Virgina WilcoxProf of Educ-$107,162-$107,162
Latonya ParkerChief Div ofFT$50,718$5,588$56,306

Board Members and Trustees

NameTitle
See Attached List of TrusteesTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Spillers Design & ConstructionConstructionPO BOX 222, Lizella, GA 31052$3,049,609
C&w Facility Services INCServices140 KENDRICK STREET, Needhad, VA 02494$1,871,070
Metz Culinary ManagementFood ServicesTWO WOODLAND DRIVE, Dallas, PA 18612$1,012,314
Rt LondonDesign/furnitur1642 BROADWAY NORTHWEST, Grand Rapids, MI 49504$452,880
A Book CompanyTextbooks2377 PALUMBO DR, Lexington, KY 40509$448,727
Revenue and Support

Revenue Composition

Contributions and Grants
$10,908,274
Program Service Revenue
$16,159,232
Investment Income
$1,184,290
Other Revenue
$5,796,900
All Other Contributions
$9,968,762
Change in Net Assets
$3,838,289

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$2,308,275Market at Contribution Da
Total Noncash Contributions1$2,308,275-

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,230,423
Revenue Not Reported on Financial Statements
$6,818,273
Other Revenue Adjustments
$6,818,273
Total Revenue per Audited Statements
$27,230,423
Total Revenue per Form 990
$34,048,696
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,681,964
Salaries, Compensation, and Employee Benefits$10,989,986
Grants and Similar Amounts Paid$6,538,457
Total Fundraising Expense$815,640
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,978,852$1,613,325$577,767$8,169,944
Grants to Domestic Individuals$6,538,457--$6,538,457
All Other Expenses$2,506,272$1,392,497$106,651$4,005,420
Depreciation Depletion$1,594,371--$1,594,371
Other Employee Benefits$1,232,381$173,578$71,429$1,477,388
Current Officers, Directors, Trustees, and Key Employees$735,964$294,930$48,760$1,079,654
Other Expenses$132,832$649,674-$782,506
Interest$467,925--$467,925
Fees for Service Investment Mgmnt Fees-$279,816-$279,816
Pension Plan Contributions$223,773$28,194$11,033$263,000
Fees for Services Accounting-$84,630-$84,630
Fees for Services Legal-$56,433-$56,433
Total Functional Expenses$24,342,867$5,051,900$815,640$30,210,407

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$30,210,407
Expenses per Audited Statements$23,392,134
Total Expenses per Audited Statements$23,392,134
Expenses Not Reported on Financial Statements$6,818,273
Other Expense Adjustments$6,818,273
International Activity

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Salaries and Benefits$733,206
Agency Obligations$109,569
U.s. Government Loan Funds$84,869
Accrued Interest$83,829
Annuities Payable$10,841
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

“The college"s bylaws were amended in 2024. See attached.”

Form 990, Page 6, Part VI, Line 7A

“The organization's board of trustees select members of the governing body as provided in the bylaws which are included as a part of this return.”

Form 990, Page 6, Part VI, Line 7B

“Certain decisions of the governing body ar subject to approval by the boar d as provided in its bylaws, included herein.”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the president, cfo, and controller prior to submission.”

Form 990, Page 6, Part VI, Line 12C

“The board of trustees regularly and consistently monitors and enforces com pliance with the conflicts of interest policy - any conflicts are reviewed by the board of trustees.”

Form 990, Page 6, Part VI, Line 15A

“The board of trustees evaluates the compensation package of the president of the college on an annual basis. The board also reviews the pay rate inc reases for faculty and staff.”

Form 990, Page 6, Part VI, Line 15B

“The board of trustees evaluates the compensation package of the president of the college on an annual basis. The board also reviews the pay rate increases for faculty and staff.”

Form 990, Page 6, Part VI, Line 19

“The information is available upon request of the governing board. The for m 990 is available upon request as noted in part iv, section c, line 18.”

Filing and Contact Details

Filer

Filer Name
Wesleyan College
EIN
58-0593438
Phone
4784771110
Address
4760 FORSYTH ROAD, MACON, GA 31210-4462

Signing Officer

Name
Timothy Klocko
Title
CFO
Phone
4784771110
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meaghan Blight
Formed
1836
Legal Domicile
Ga
Voting Board Members
28
Independent Board Members
28
Employees
248
Volunteers
9

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
H Terrell Mcmichael Jr
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Recruitment 668,313 0 0 purchased maintenance 227,253 306,749 0 supplies, building maint 244,787 241,065 6,311 contract services 74,276 411,160 0 publicity and advertising 308,164 0 0 travel 162,278 70,973 21,693 insurance 107,480 107,480 0 furn/equip - non-capital 165,541 10,555 0 administrative services 153,511 0 0 membership dues 48,145 99,650 5,344 miscellaneous 0 104,894 7,265 entertainment 10,680 13,570 48,899 software packages 72,772 317 0 professional development 62,971 8,976 69 periodicals and magazines 53,880 0 0 printing and publications 32,016 0 9,303 lecture series 30,113 0 0 equipment lease rental 29,164 0 0 auto expenses 24,249 0 0 postage and shipping 9,039 1,903 7,767 orientation, commencement 17,574 0 0 telephone 1,743 15,205 0 library publications/book 2,323 0 0 total 2,506,272 1,392,497 106,651”

Form 990, Part XI, Line 9

“Financial aid -6,538,457 management fees -279,816 financial aid 6,538,457 management fees 279,816”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Earning for operation of the college and scholarships”

Schedule D, Page 4, Part XI, Line 4B

“Financial aid 6,538,457 management fees 279,816”

Schedule D, Page 4, Part XII, Line 4B

“Financial aid 6,538,457 management fees 279,816”

Raw XML AppendixShowing 400 of 617 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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