2026-04-20T09:52:27+00:00 2025-06-30 580692043 MAULDIN & JENKINS LLC 200 Galleria Parkway Suite 1700 Atlanta GA 30339 990 2024-07-01 271823146 Ralston College Inc RALS 9125812245 PO Box 8302 Savannah GA 314128302 Nathan Carr Chairman 9125812245 2026-04-20 true Melissa Seward P02145103 7709558600 2026-04-03 2024 2025-03-06 01:10:19Z Nathan Carr PO Box 8302 Savannah GA 314128302 17154820 false X WWW.RALSTON.AC X 2010 GA LIBERAL ARTS COLLEGE DEVOTED TO HIGHER EDUCATION 10 9 49 9 0 9608728 8609561 1474200 1626000 140191 409241 -2486185 92325 8736934 10737127 1810200 1823025 0 1658574 2661591 0 652313 5625276 6400537 9094050 10885153 -357116 -148026 16569664 15429186 6109520 4940412 10460144 10488774 THE MISSION OF RALSTON COLLEGE IS TO PROVIDE A RIGOROUS, TRANSFORMATIVE EDUCATION IN THE HUMANITIES, AND TO REVIVE THEREBY THE CONDITIONS OF A FREE AND FLOURISHING CULTURE. false false 6531646 1823025 1626000 RALSTON COLLEGE INC. ("RALSTON") IS A NOT-FOR-PROFIT EDUCATIONAL INSTITUTION LOCATED IN SAVANNAH, GEORGIA. RALSTON EXISTS TO SHARE THE RICHES OF HUMANISTIC INQUIRY WITH STUDENTS ENROLLED IN ITS DEGREE PROGRAMS AND MORE BROADLY WITH ALL THOSE WHO SEEK TRUTH WITH COURAGE. In fiscal year ending June 30, 2025, Ralston College completed its third academic year offering a Master of Arts in the Humanities, an intensive program in the Greek language and in the ideas, ideals, and historic development of Western civilization. The College graduated 26 students in May of 2025, conducted a successful admissions cycle for the 2025-26 academic year, and expanded its outreach to a wide audience with its public lectures and podcast. 6531646 true true false false false false false false false false true false false true true true false true true false true false false false false false false false true true false false false false false false false false true true false false false false true false false false false false true 50 0 true 49 true false false false false false false false false false false false false X 10 9 false false false false false false false true true false false false true true true true true true true true false false GA X THE ORGANIZATION 9125812245 PO BOX 8302 SAVANNAH GA 314128302 Adam Rutledge Chairman, outgoing 10.0 X X 0 0 0 M Tyus Butler Secretary 1.0 X X 0 0 0 Nathan Carr Chairman, incoming 1.0 X X 0 0 0 Stephen James Blackwood President 40.0 X X 247089 0 0 Thatcher Gearhart Treasurer 2.0 X X 0 0 0 Douglas Hedley Director 1.0 X 0 0 0 Gavin Gunning Dunbar Director 1.0 X 0 0 0 Lawrence Mone Director 1.0 X 0 0 0 Roger Kimball Director 1.0 X 0 0 0 Ryan Taliaferro Director 1.0 X 0 0 0 Ashley Bradford CEO 40.0 X 352968 0 0 Joseph Conlon Director of Greek Program 40.0 X 169377 0 0 Kathryn Rook Lecturer in Rhetoric 40.0 X 108877 0 0 Nicole Blackwood Creative Director 40.0 X 144819 0 0 Peter James Bryson Director of MA Program 40.0 X 116228 0 0 1139358 0 0 6 false true false Kessler-26 E Gaston LLC 4901 Vineland Road Suite 650 ORLANDO FL 32811 Rent 1007973 ALITHEA TRAVEL 129 JAMESTOWN AVE PORTSMOUTH VA 23704 GREEK TERM TRAVEL AND BOOKING 449927 Brooks Construction Group LLC 207 Grimball Point Rd SAVANNAH GA 31406 Renovations on properties 282720 Kessler Whitaker LLC 4901 Vineland Road Suite 650 ORLANDO FL 32811 Rent 257925 MAULDIN & JENKINS LLC 200 GALLERIA PKWY ATLANTA GA 30339 MONTHLY ACCOUNTING AND CFO SERVICES 214861 12 8609561 8609561 TUITION AND FEES 611310 1626000 1626000 0 0 0 0 1626000 153782 153782 35675 4081 31594 0 31594 31594 6669071 6413612 0 255459 255459 255459 REIMBURSEMENTS, REFUNDS, ETC. 900099 38545 38545 GAIN ON LEASE ABANDONEMENT 900099 22186 22186 0 0 0 0 60731 10737127 1626000 0 501566 X 1823025 1823025 543175 260524 241104 41547 161165 77221 71128 12816 1528493 732366 674579 121548 28563 14051 14508 4 267433 131559 135837 37 132762 55913 73664 3185 69034 69034 216103 216103 1250750 704910 235071 310769 70241 9251 47165 13825 529 42 438 49 89265 43078 43629 2558 2359670 1343667 1012434 3569 861410 730043 47488 83879 130098 106978 2026 21094 148333 148333 358564 16133 342431 SUPPLIES 257730 137477 94148 26105 REPAIRS AND MAINTENANCE 176646 100587 75792 267 DUES AND SUBSCRIPTIONS 103830 8264 85880 9686 FURNITURE AND EQUIPMENT 56903 32402 24415 86 251431 204155 45987 1289 10885153 6531646 3701194 652313 87772 51217 2728232 7315312 1370174 0 0 0 0 358917 532158 990376 194759 7082552 795617 0 0 6312191 5364708 16569664 15429186 316191 320472 0 0 5793329 4619940 6109520 4940412 X 10460144 9118774 0 1370000 10460144 10488774 16569664 15429186 -148026 -3344 180000 0 X X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 672196 32865 639331 114085 36761 77324 204095 125133 78962 795617 DEPOSITS 810324 ROU ASSET 4554384 5364708 Federal Income Taxes LEASE LIABILITY 4619940 4619940 X 9111865 -3443 0 -3443 9115308 0 0 9115308 9263235 0 0 9263235 0 0 9263235 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote RALSTON IS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"). ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE IS SUBJECT TO INCOME TAXES. UNDER THE CODE, THE TAXABLE ACTIVITIES OF MUSGROVE ARE ALLOWED TO BE REPORTED IN CONJUNCTION WITH ACTIVITIES OF RALSTON FOR TAX REPORTING PURPOSES. DURING 2025 AND 2024, ALL THE ACTIVITIES OF RALSTON AND MUSGROVE QUALIFY AS EXEMPT ACTIVITIES AND DO NOT GIVE RISE TO UNRELATED BUSINESS INCOME. THE COLLEGE ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE COLLEGE TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. IN GENERAL, THE COLLEGE IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR TAX YEARS ENDING BEFORE JUNE 30, 2022. THE COLLEGE HAS NO UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740). true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY RALSTON COLLEGE INC. PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY BY MEANS OF ITS WEBSITE: WWW.RALSTON.AC/POLICY-OF-NONDISCRIMINATION Europe (Including Iceland and Greenland) 0 0 Program Services Planning and logistics for study abroad program 737130 0 0 0 0 0 0 737130 0 737130 false false false false false false false TUITION AND STUDENT HOUSING ASSISTANCE 28 1823025 X X true true X X X X false false false false false false false false false Stephen James Blackwood President 247089 0 0 0 0 0 0 0 0 0 247089 0 0 0 Ashley Bradford CEO 352968 0 0 0 0 0 0 0 0 0 352968 0 0 0 Joseph Conlon Director of Greek Program 138177 0 31200 0 0 0 0 0 0 0 169377 0 0 0 Nicole Blackwood Family member of officer 161165 Employee of College false Alithea Travel LLC Owned by family member of officer 170517 Planning and logistics for study abroad program false Washwood Films Owned by family member of officer 112050 Videography services false Form 990, Part VI, Line 11b Review of form 990 by governing body A COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy PURSUANT TO ARTICLE VII OF THE CONFLICT OF INTEREST POLICY OF RALSTON COLLEGE INC. PERIODIC REVIEWS (WHICH MAY USE OUTSIDE ADVISORS) ARE CONDUCTED TO ENSURE THAT RALSTON COLLEGE INC. OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION IS SET BY COMPENSATION COMMITTEE AND APPROVED BY BOARD OF DIRECTORS. Form 990, Part VI, Line 19 Required documents available to the public DOCUMENTS ARE AVAILABLE UPON REQUEST Form 990, Part IX, Line 11g Other Fees GRAPHIC DESIGN - Total Expense: 119588, Program Service Expense: 79083, Management and General Expenses: 40505, Fundraising Expenses: ; CURRICULUM & ADMISSION - Total Expense: 720314, Program Service Expense: 451273, Management and General Expenses: 105164, Fundraising Expenses: 163877; VIDEOGRAPHY - Total Expense: 263956, Program Service Expense: 174554, Management and General Expenses: 89402, Fundraising Expenses: ; DEVELOPMENT CONSULTANTS - Total Expense: 146892, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: 146892; Form 990, Part XI, Line 8 During the year ended June 30, 2025, the College identified an error in the previously reported beginning net assets related to the recognition of a multi-year unconditional pledge. In accordance with ASC 958-605, Not-for-Profit Entities--Revenue Recognition, unconditional promises to give should be recognized as contribution and grant revenue in the period the promise is made. The pledge, which was made in 2024, was not recorded until 2025 when the first payment was received. As a result, contribution revenue and pledges receivable were understated in prior periods. To correct this error, beginning net assets as of July 1,2024, have been restated to reflect the recognition of the pledge in the appropriate period resulting in an increase in net assets of $180,000 at July 1, 2024. Form 990, Part XII, Line 2c Change of oversight process or selection process THERE HAS BEEN NO CHANGE TO THE ORGANIZATION'S OVERSIGHT OR AUDIT SELECTION PROCESS. MUSGROVE HOUSE LLC 113 W GORDON ST SAVANNAH GA 31401 REAL ESTATE ACTIVITIES GA 2175388 134688 RALSTON COLLEGE INC