Taylor University

Summary

For more than 170 years, Taylor University has stayed true to its heritage, challenging each generation of students to integrate faith with learning and follow Christ's calling. Though our University's history is not blemish-free, tough times have kept us anchored in faith and committed to our university's mission. Founded in 1846 as Fort Wayne Female College, Taylor University now stands as the oldest non-denominational school in Council for Christian Colleges and Universities (CCCU).


Contact information

Mailing address:
Taylor University
236 W Reade Ave
Upland, IN 46989-1001

Website: taylor.edu

Phone: 800-882-3456

Email: admissions@taylor.edu


Organization details

EIN: 350868181

CEO/President: Paige Cunningham

Chairman:

Board size: 23

Founder:

Year founded: 1953

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: Yes

Member of ECFA since: 1980


Purpose

With more than 60 majors across the arts, humanities, sciences, and social sciences, and a Foundational Core curriculum that promotes a broad base of knowledge, Taylor encourages students to ask hard questions, apply themselves to the tasks at hand, and embrace their callings.


Mission statement

Taylor's mission is to develop servant leaders marked with a passion to minister Christ's redemptive love and truth to a world in need.


Statement of faith

Taylor University is firmly committed to the lordship of Jesus Christ and evangelical Christianity. To assure the central place of Christian principles in the philosophy and life of the University, the trustees, administration, faculty, and staff believe that:

There is one God, eternally existent in three persons-Father, Son, and Holy Spirit-the only Creator, Redeemer, and Sustainer of all things in heaven and on earth.

The Bible is the only inspired, authoritative written word of God, true and trustworthy in all it affirms.

Jesus Christ is the eternal, living Word of God. Through his incarnation he revealed God's plan of redemption by his virgin birth, sinless life, atoning death, bodily resurrection, and ascension. He will return in power and glory to judge the living and the dead.

The Holy Spirit is present in the life of every believer, testifying to the lordship of Christ, illuminating the Scriptures, and empowering believers for fruitful service and obedience to God's commands.

Humankind, though uniquely created in God's image, rebelled and stands in need of redemption. God, by his grace, extends salvation, reconciliation, and eternal life to anyone who comes to Christ by faith.

The Church is the global body of believers across time who affirm that Jesus Christ is Lord and demonstrate their faith and unity in Christ by loving and serving him and all people.

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating297 of 61834 of 85
Fund acquisition rating371 of 61873 of 85
Resource allocation rating106 of 61817 of 85
Asset utilization rating454 of 61828 of 85

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%23%33%34%12%23%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%3%3%4%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%13%9%10%24%14%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%3%3%4%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%87%91%90%76%86%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%89%90%89%88%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%94%104%101%83%94%
Program output ratio Program output ratio =
Program services /
Total revenue
80%84%93%89%74%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%6%-4%-1%17%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%3%-2%0%8%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%8%7%8%8%8%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.990.360.360.360.330.35
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.811.962.042.131.902.04
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.180.710.740.760.620.71
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.6626.2419.6918.9824.0125.15
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.040.050.050.040.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.7116.2615.3815.0218.5216.28
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%16%16%18%17%19%
Debt ratio Debt ratio =
Debt /
Total assets
0%10%11%12%12%13%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
79%233%232%231%253%233%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$2,881,478$2,254,112$3,846,350$6,954,940$2,487,007
Receivables, inventories, prepaids$8,070,874$5,470,323$8,782,741$18,611,030$7,172,224
Short-term investments$120,077,418$114,005,638$103,107,112$107,198,212$106,811,014
Other current assets$0$0$0$0$0
Total current assets$131,029,770$121,730,073$115,736,203$132,764,182$116,470,245
Long-term investments$7,393,847$6,654,003$6,361,418$6,815,142$6,548,136
Fixed assets$107,528,604$109,518,026$112,897,551$101,882,113$103,223,789
Other long-term assets$10,648,324$10,836,624$11,611,778$11,114,212$11,506,215
Total long-term assets$125,570,775$127,008,653$130,870,747$119,811,467$121,278,140
Total assets$256,600,545$248,738,726$246,606,950$252,575,649$237,748,385
 
Liabilities20182017201620152014
Payables and accrued expenses$4,301,578$5,599,525$5,572,451$5,125,934$4,214,328
Other current liabilities$691,668$583,556$525,829$403,776$417,228
Total current liabilities$4,993,246$6,183,081$6,098,280$5,529,710$4,631,556
Debt$24,948,990$26,589,241$30,206,100$30,253,631$31,680,612
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$10,358,068$6,494,764$7,551,616$8,074,848$9,275,273
Total long-term liabilities$35,307,058$33,084,005$37,757,716$38,328,479$40,955,885
Total liabilities$40,300,304$39,267,086$43,855,996$43,858,189$45,587,441
 
Net assets20182017201620152014
Unrestricted$111,188,013$112,385,749$109,163,611$100,361,523$99,064,643
Temporarily restricted$34,223,474$30,110,218$29,878,379$46,720,644$33,242,272
Permanently restricted$70,888,754$66,975,673$63,708,964$61,635,293$59,854,029
Net assets$216,300,241$209,471,640$202,750,954$208,717,460$192,160,944
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$12,586,628$8,224,327$9,006,212$23,900,965$12,245,301
Program service revenue$78,775,898$76,093,493$74,725,134$72,452,036$71,600,910
Membership dues$0$0$0$0$0
Investment income$7,503,927$2,414,693$3,130,188$2,681,509$3,442,492
Other revenue($2,752)($4,681)$278($1,437)$2,250
Total other revenue$86,277,073$78,503,505$77,855,600$75,132,108$75,045,652
Total revenue$98,863,701$86,727,832$86,861,812$99,033,073$87,290,953
 
Expenses20182017201620152014
Program services$83,085,023$80,784,518$77,645,759$72,801,433$73,337,228
Management and general$7,000,184$6,677,183$6,880,100$6,817,675$6,266,269
Fundraising$2,912,861$2,689,197$3,087,051$2,826,536$2,826,536
Total expenses$92,998,068$90,150,898$87,612,910$82,445,644$82,430,033
 
Change in net assets20182017201620152014
Surplus (deficit)$5,865,633($3,423,066)($751,098)$16,587,429$4,860,920
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,865,633($3,423,066)($751,098)$16,587,429$4,860,920

Response from ministry

No response has been provided by this ministry.


History

Since its establishment as Fort Wayne Female College by the North Indiana Conference of the Methodist Episcopal Church in 1846, Taylor University has proudly stood for the Gospel of Jesus Christ and hosted countless people who have impacted the world with those same values. One of the most influential people at Taylor was a young black man with no money in his pockets, just a heart to serve the Lord. God still uses the story and soul of Sammy Morris to bring many to Taylor seeking the same blessing, purpose, and call. And let's not forget our missionary namesake, Bishop William Taylor; Thaddeus Reade, who led Taylor through financial difficulty and the move to Upland; and Harold Ockenga, who mentored Billy Graham and whose impact led to launch both Fuller and Gordon-Conwell Seminaries. The list goes on-from Milo Rediger, who served as a mentor to many during his tenure at Taylor, to Don Odle, whose life-changing encounter with Jesus at Taylor led to the launch of Venture for Victory-one of the first, if not the first, sports evangelism outreach efforts. Additionally, many Taylor women-such as Alice Hamilton and Olive May Draper-have gone on to do wonderful things for God and His kingdom. Over nearly two centuries, Taylor's mission has been passed from generation to generation of students, professors, presidents, and other influential members of our family. There are many more instrumental people who have shaped the vision and mission of Taylor University throughout the last 170-plus years. But three things bind all these Taylor heroes together-their heart for God, their urgent pursuit to proclaim the word of God in an atmosphere of faith and learning, and their humble approach to serving those whom God placed in their path. But our history doesn't end with these heroes. Today our university holds many stories about current alumni, students, staff, and faculty who are serving each other and the global community. Through war, depression, recession, and tragedy, Taylor University has continued to serve God, our community, and our world.


Program accomplishments

Taylor ranks second among Indiana schools, including Notre Dame, Butler, and Purdue, and second nationally among CCCU schools, including Trinity, Westmont, and Calvin, for average incoming freshman SAT score. Wide variety of study and service abroad opportunities, Taylor is ranked third nationally of baccalaureate schools for the number of students who experienced a short-term trip. 98% of graduates secure a full-time or part-time job, post-graduate internship, or graduate school placement within six months after graduation.


Needs