Ohio Christian University

Summary

A Christ-centered, academic community committed to changing the world by preparing world-impacting Christian servant leaders. Ohio Christian University is committed to offering a complete education that develops students intellectually, professionally, and spiritually. OCU offers degree programs for residential undergraduate students, graduate students, adult and Online student. The Trailblazer Academy allows high school students to complete college classes. All programs are designed to equip students to become leaders in their careers, communities, families, and the world.


Contact information

Mailing address:
Ohio Christian University
1476 Lancaster Pike
Circleville, OH 43113

Website: ohiochristian.edu

Phone: 1-877-762-8669

Email: enroll@ohiochristian.edu


Organization details

EIN: 310971599

CEO/President: Dr. Jon S. Kulaga

Chairman:

Board size: 0

Founder:

Year founded: 1979

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Our vision for each of our students is that they become world-impacting Christian student leaders in all areas of their lives.


Mission statement

Our mission: Ohio Christian University prepares students to serve effectively in the church and society by providing a holistic, Christ-centered, biblically integrated education in the Wesleyan Tradition. We recognize that professions in business, teacher education, psychology, and ministry require the leadership of focused, academically-excellent, and ministry-minded individuals.


Statement of faith

We believe in one God, self-existent in three Persons, co-equal and co-eternal; Father, Son and Holy Spirit. We believe in the Bible, God's infallible Word, fully inspired by the Holy Spirit, the supreme authority for faith and practice. We believe in the deity of Jesus Christ, who became man, being conceived of the Holy Spirit and born of a virgin. He lived a sinless life and died a substitutionary death as a complete sacrifice for the sins of all mankind. He arose bodily from the dead and ascended to the right hand of the Father where He is now our interceding High Priest. We believe that the Holy Spirit is a Divine Person who reveals Christ, both in a ministry to the world by restraining evil and by convicting of sin, and in a ministry to the Church by indwelling, empowering, guiding, and teaching all Christians. We believe that man was made in the image and likeness of God and by transgression incurred guilt before God, depravity of soul, and spiritual death. We believe in the universal atonement Christ provided for all mankind and that they who do repent and believe on Him are justified and regenerated from the guilt and practice of sin. We believe in entire sanctification as a definite crisis experience subsequent to regeneration. It is wrought on the basis of faith and consecration through the infilling of the Holy Spirit by which the believer is cleansed from all sin and to which the Spirit testifies. We believe in the progressive growth in grace toward Christian maturity through a consistent Christian life of good works which springs from faith in God and obedience to His Word. This growth we believe to be a necessary complement to the above mentioned crisis experience. We believe in the true universal Church as the Body of Christ and Temple of the Holy Spirit. It is composed of all true believers in Christ. It was created by Him for worship and fellowship and is commissioned by Him to publish the Gospel to all the world. We believe in the personal return of Christ who shall come with power and great glory to gather the Church to Himself, to establish His millennial kingdom, and to judge the quick and the dead. We believe in the resurrection of the just, who shall enter into an actual eternal heaven, and the resurrection of the unjust, who shall go away into an actual and eternal hell.

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating164 of 7257 of 87
Fund acquisition rating510 of 72671 of 87
Resource allocation rating124 of 7265 of 87
Asset utilization rating116 of 7257 of 87

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
19%35%31%29%54%28%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%2%2%3%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
10%5%6%8%6%7%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%2%2%4%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
90%95%94%92%94%93%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
86%91%91%88%89%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%109%95%95%92%90%
Program output ratio Program output ratio =
Program services /
Total revenue
81%99%86%84%82%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-9%5%5%8%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-8%6%6%11%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%7%7%10%8%8%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.790.800.790.830.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.016.164.964.023.312.67
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.644.853.973.162.762.09
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.264.783.613.023.845.70
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.140.210.280.330.260.18
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.031.962.192.543.224.72
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%27%26%35%31%34%
Debt ratio Debt ratio =
Debt /
Total assets
18%19%16%22%18%19%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
143%93%93%82%83%84%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$3,771,033$3,685,152$4,650,724$3,944,617$7,191,477
Receivables, inventories, prepaids$3,810,503$6,368,394$9,026,395$10,410,880$9,493,456
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$7,581,536$10,053,546$13,677,119$14,355,497$16,684,933
Long-term investments$5,274,830$5,036,198$5,294,584$4,611,641$4,487,411
Fixed assets$32,654,998$33,444,234$31,462,009$24,383,625$22,090,031
Other long-term assets$1,213,200$1,293,960$4,589,353$4,109,785$1,269,232
Total long-term assets$39,143,028$39,774,392$41,345,946$33,105,051$27,846,674
Total assets$46,724,564$49,827,938$55,023,065$47,460,548$44,531,607
 
Liabilities20192018201720162015
Payables and accrued expenses$877,471$1,385,783$2,729,486$1,576,193$974,131
Other current liabilities$708,419$1,396,451$1,797,947$2,162,339$1,950,951
Total current liabilities$1,585,890$2,782,234$4,527,433$3,738,532$2,925,082
Debt$9,073,763$7,899,688$12,339,391$8,621,931$8,535,950
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,733,626$2,124,126$2,580,690$2,270,302$3,586,461
Total long-term liabilities$10,807,389$10,023,814$14,920,081$10,892,233$12,122,411
Total liabilities$12,393,279$12,806,048$19,447,514$14,630,765$15,047,493
 
Net assets20192018201720162015
Unrestricted$27,752,215$30,649,791$25,866,082$23,460,455$20,457,926
Temporarily restricted$2,847,854$2,640,883$6,258,960$6,566,686$6,279,647
Permanently restricted$3,731,216$3,731,216$3,450,509$2,802,642$2,746,541
Net assets$34,331,285$37,021,890$35,575,551$32,829,783$29,484,114
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$1,541,766$2,467,987$3,639,184$2,633,173$2,917,955
Program service revenue$32,073,572$38,530,398$40,773,293$40,003,998$35,779,556
Membership dues$0$0$0$0$0
Investment income$243,756$1,028,749$888,826$270,994$178,878
Other revenue$33,480$17,053$51,387$113,549$95,066
Total other revenue$32,350,808$39,576,200$41,713,506$40,388,541$36,053,500
Total revenue$33,892,574$42,044,187$45,352,690$43,021,714$38,971,455
 
Expenses20192018201720162015
Program services$33,612,343$36,208,664$37,949,599$35,138,354$31,487,863
Management and general$2,628,505$2,901,341$4,261,602$2,982,969$2,639,483
Fundraising$536,013$763,707$1,060,956$1,428,669$819,085
Total expenses$36,776,861$39,873,712$43,272,157$39,549,992$34,946,431
 
Change in net assets20192018201720162015
Surplus (deficit)($2,884,287)$2,170,475$2,080,533$3,471,722$4,025,024
Other changes in net assets$0$0$0$0$0
Total change in net assets($2,884,287)$2,170,475$2,080,533$3,471,722$4,025,024

Compensation

NameTitleCompensation
Dr Jon KulagaPresident$370,423
J Craig BrownVice-President$157,413
Ted W PerryVice-President$117,069

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


History

More than sixty years ago the Council of the Churches of Christ in Christian Union determined to establish a Christian college. After months of preparation, in September 1948, what we now know as Ohio Christian University (OCU) was opened as Circleville Bible College at 469 East Ohio Street in Circleville, Ohio. As the college grew it was becoming increasingly clear that the Ohio Street location would no longer be adequate, so more than forty acres was purchased just three (3) miles east of Circleville on US Route 22. OCU was founded in 1948 as Circleville Bible College for the purpose of educating clergy for the Churches of Christ in Christian Union. While remaining true to its founders' vision, Ohio Christian University has expanded its outreach by becoming accredited by the Higher Learning Commission, by being affiliated with the Association for Biblical Higher Education and the Council for Christian Colleges and Universities, and by adding certificate, associate, bachelor, and master's degree programs in multiple disciplines. Choose between all of our campus programs, or programs offered entirely online.


Program accomplishments


Needs