Ashland University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 6/22/2021. To update the information in this column, please email:


Ashland University is a mid-sized, private, comprehensive university conveniently located a short distance from Akron, Cleveland and Columbus, Ohio. Ashland University values the individual student and offers a unique educational experience that combines the challenge of strong, applied academic programs with a faculty and staff who build nurturing relationships with their students.

Situated on a beautiful 135-acre campus with trees, brick walkways and flower gardens, Ashland University affords close proximity to the big city while offering the advantages of an intimate campus experience in a small-town setting. Deeply rooted in tradition, yet always moving forward, Ashland University provides unparalleled opportunities for students to learn, grow and find their place in the world.


Ashland University is home to nearly 2,200 full-time, undergraduate students. Ninety-two percent of these students are from Ohio, while students also come from 27 other states and 31 countries. Fifty-seven percent of the on-campus students are female. The average ACT score for the 2010 freshman class was 22.9, while the average high school grade point average for that class was 3.37. The University's total enrollment is nearly 6,500 students, and this includes graduate programs as well as off-campus centers in Cleveland, Columbus, Elyria, Mansfield, Massillon, Medina, Westlake and Detroit, Mich.


The University features a strong academic reputation, offering more than 70 undergraduate majors including programs in finance, political science, toxicology, environmental science, dietetics, athletic training and digital media. In addition, it offers most traditional liberal arts majors as well as a wide range of majors in business and education. The education program, which offers pre-K through doctorate level courses, is one of the largest among institutions in Ohio. Academic programs are enhanced by an Honors Program and the John M. Ashbrook Center for Public Affairs. In addition to its traditional undergraduate studies, Ashland offers a master of American history and government degree program; a master of fine arts in creative writing degree program; a master of business administration degree program; a master of education degree program; a doctor of education degree program; master's degrees and doctorate in theology through Ashland Theological Seminary; a bachelor of science in nursing program, and a bachelor's plus program for students with a non-education degree who want to teach.

Contact information

Mailing address:
Ashland University
401 College Avenue
Ashland, OH 44805


Phone: 419-289-4142


Organization details

EIN: 340714626

CEO/President: Dr. Carlos Campo


Board size: 30


Year founded: 1949

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Ashland University places great emphasis on the importance of each individual. The phrase "Accent on the Individual" has been our motto for many years and characterizes well the nature and content of the campus environment. It means that our concern for the student extends beyond ensuring a quality education in the classroom and laboratory to include a commitment to provide a stimulating and supportive environment in every respect. Ashland University aspires to be a nationally-recognized private university, where traditions of excellence are fostered and students discern their life calling and thrive.

Mission statement

Ashland University, guided by our Christian heritage, is a comprehensive, private university that provides a transformative learning experience, shaping graduates who work, serve and lead with integrity in their local, national, and global communities.

Statement of faith

Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating185 of 9407 of 112
Fund acquisition rating278 of 94229 of 112
Resource allocation rating185 of 94211 of 112
Asset utilization rating460 of 94052 of 112

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Balance sheet
Receivables, inventories, prepaids$24,627,434$18,358,276$16,462,674$16,708,859$19,959,115
Short-term investments$49,908,375$48,715,660$53,069,115$50,004,939$44,312,451
Other current assets$0$0$0$0$0
Total current assets$112,099,672$97,726,225$97,338,474$89,645,924$80,543,564
Long-term investments$2,985,550$3,253,388$1,767,181$2,258,175$2,759,933
Fixed assets$142,637,332$142,859,088$142,001,943$143,293,213$143,071,316
Other long-term assets$2,487,396$2,713,199$2,831,900$2,773,261$2,766,624
Total long-term assets$148,110,278$148,825,675$146,601,024$148,324,649$148,597,873
Total assets$260,209,950$246,551,900$243,939,498$237,970,573$229,141,437
Payables and accrued expenses$9,042,346$11,056,566$10,157,620$11,633,395$12,018,618
Other current liabilities$16,481,726$12,308,403$10,003,853$11,212,991$7,647,662
Total current liabilities$25,524,072$23,364,969$20,161,473$22,846,386$19,666,280
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$7,664,353$8,237,598$7,061,770$6,935,383$7,985,552
Total long-term liabilities$71,383,751$74,315,987$74,787,189$76,633,171$78,837,172
Total liabilities$96,907,823$97,680,956$94,948,662$99,479,557$98,503,452
Net assets20202019201820172016
Without donor restrictions$92,632,681$91,849,160$91,825,557$87,734,325$84,163,907
With donor restrictions$70,669,446$57,021,784$57,165,279$50,756,691$46,474,078
Net assets$163,302,127$148,870,944$148,990,836$138,491,016$130,637,985
Revenues and expenses
Total contributions$25,500,204$9,933,709$13,524,771$8,680,949$9,462,173
Program service revenue$115,675,595$115,296,054$112,371,355$110,204,578$98,847,402
Membership dues$0$0$0$0$0
Investment income$1,840,600$2,802,032$2,379,364$2,439,428$676,654
Other revenue$105,151($409,560)($578,868)($2,333)$655,353
Total other revenue$117,621,346$117,688,526$114,171,851$112,641,673$100,179,409
Total revenue$143,121,550$127,622,235$127,696,622$121,322,622$109,641,582
Program services$119,416,009$115,198,814$108,405,527$107,878,535$97,471,955
Management and general$8,447,906$8,137,616$7,393,006$6,078,286$6,356,597
Total expenses$130,432,488$126,232,400$118,774,329$115,922,451$106,227,651
Change in net assets20202019201820172016
Surplus (deficit)$12,689,062$1,389,835$8,922,293$5,400,171$3,413,931
Other changes in net assets$0$0$0$0$0
Total change in net assets$12,689,062$1,389,835$8,922,293$5,400,171$3,413,931


Dr Carlos CampoPresident$522,747
Elad GranotDean of Business and Economics$331,820
Robert StollAssoc. Professor - Management$247,108
Daniel FoxAssociate Professor of Business$212,903
Sivakumar VenkataramanayProfessor - Int'l Business$210,305
Victoria KaskeyAssoc. Professor - Accounting$205,727
Marc PasterisVP of Finance & CFO$198,930
Todd Marshall Int Prov Thru6/19, VP Cor Ed & Innov Eff. 7/19$197,406
Patrick EwingVP of Facilities Mgmt and Planning$177,190
Margaret A PomfretVP of Institutional Advancement$162,843
Robert PoolVP of Student Affairs$145,292
Catherine Williams Int VP ofEnrl Mgmt & Mktg (entered 7/19)$114,149
Amiel JarstferProvost (entered 7/19)$109,521
Wayne McCown Interim PresTheological Seminary (exited 6/19)$96,817
Peter Rios Interim VP ofEnrollement Mgmt (exited 6/19)$85,302
Juan Martinez Pres ofSeminary (entered 7/19 Thru. 11/19)$82,340
Christopher D BoydTrustee$10,206

Compensation data as of: 5/31/2020

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 6/22/2021. To update the information below, please email:


Founded in 1878 as Ashland College, the name of the institution was changed to Ashland University on May 12, 1989. This change was a practical and logical step based on the many diverse undergraduate, graduate and professional programs offered by the institution. Ashland continues to have a rich tradition as a private, comprehensive institution preparing students for exciting professions and careers. The University consists of four academic colleges -- College of Arts & Sciences, Dauch College of Business & Economics, Schar College of Education and Schar College of Nursing and Health Sciences -- as well as the Graduate, Online and Adult Studies; the Founders School for Continuing Education; and Ashland Theological Seminary.

Program accomplishments