Emmaus Bible College

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/27/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Emmaus Bible College is a 4-year private college that equips students for their future by providing them with a Christ-centered education, uncompromised Biblical teaching, and valuable professional degrees.


Contact information

Mailing address:
Emmaus Bible College
2570 Asbury Road
Dubuque, IA 52001

Website: emmaus.edu

Phone: 563-588-8000

Email: info@emmaus.edu


Organization details

EIN: 362270695

CEO/President: Philip Boom

Chairman: Dr. Steven L. Leary

Board size: 18

Founder: R.E. Harlow

Year founded: 1947

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1989


Purpose

Emmaus Bible College will be flourishing, relevant, and accessible as a trusted name for transformational learning rooted in biblical truth. Emmaus purposes to:

Empower learners to realize their full potential through high-quality academic and student development programs that are biblically grounded and culturally relevant.

Provide an attractive, safe environment conducive to learning and spiritual and personal growth.

Encourage the personal welfare and professional development of each faculty and staff member.

Sustain and enhance the human, physical, and financial resources needed to achieve mission and vision.

Enrich external constituencies through education, ministry, and service.

Through its academic programs, Emmaus purposes to:

Increase understanding and application of the Bible and Christian theology.

Encourage spiritual growth and development of Christian character.

Challenge for the development and integration of a biblical worldview.

Develop foundational knowledge and skills to support lifelong learning.

Cultivate educated contributors to contemporary society.

Equip servant-leaders with skills and knowledge appropriate to their chosen professions or fields of service.


Mission statement

Our mission as a biblical higher education community is to glorify God by educating and equipping learners to impact the world for Christ through faithful and effective service in their ministries, professions, and communities.


Statement of faith

The teaching of Emmaus Bible College is based on the following:

The Bible is inspired of God, inerrant in the original documents and of final authority in all matters of faith and practice.

There is one God, eternally existent in three Persons, Father, Son and Holy Spirit.

The Lord Jesus Christ is fully God and fully man. He was born of a virgin and is sinlessly perfect. His sacrifice is substitutionary and representative. He rose bodily from the dead and ascended to His Father's right hand, where He now ministers as our Great High Priest. He will come to rapture His Church and subsequently return to reign over the earth.

Each member of the human race is fallen, sinful and lost, and regeneration by the Holy Spirit is absolutely essential for the salvation of man. Redemption is wholly by the blood of Christ, and salvation is by grace, through faith in our Lord Jesus Christ.

The Holy Spirit indwells the believer who is thus empowered to live a godly life.

There will be resurrection of the saved and of the lost, of the saved unto eternal life, and of the lost unto eternal conscious judgment.

The Church began with the descent of the Holy Spirit at Pentecost and is composed of all true believers in the Lord Jesus Christ. These believers are united to Him and to one another by the indwelling Spirit. The Church's calling, hope and destiny are heavenly, and its chief functions are to glorify God and to witness for Christ until His return.

Christ, the risen head of the Church, is the giver of spiritual gifts to all believers. Gifted individuals such as evangelists, pastors and teachers are responsible to Him for their service and are given "for the equipping of the saints for the work of the ministry, for the edifying of the body of Christ."

There are two Christian ordinances, baptism and the Lord's Supper. Baptism by immersion signifies that the believer, having died with Christ, is buried with Him in baptism and also is risen with Christ to walk in newness of life. The Lord's Supper is a memorial feast, instituted by the Lord Himself exclusively for His own.

Every true child of God possesses eternal life and being justified, sanctified and sealed with the Holy Spirit, is safe and secure for all eternity.

The personal imminent return of the Lord Jesus Christ to translate His Church will be followed by the Tribulation and the inauguration of Christ's reign over the earth; He will then deliver up the Kingdom to God the Father that the Triune God may be all in all.

The teaching of Emmaus Bible College follows the historic, evangelical interpretation of the Scriptures, which has in general, been accepted by the Christian church since its inception. It recognizes no sectarian barriers and seeks to declare the whole counsel of God without over-stressing any single line of truth.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating125 of 9404 of 112
Fund acquisition rating13 of 9427 of 112
Resource allocation rating407 of 94249 of 112
Asset utilization rating332 of 94030 of 112

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%6%8%10%11%17%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%2%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%40%27%25%27%26%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%3%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
87%60%73%75%73%74%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%86%86%86%85%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%96%97%96%102%119%
Program output ratio Program output ratio =
Program services /
Total revenue
81%83%84%83%87%99%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%4%3%4%-2%-19%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%3%2%4%-2%-16%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%11%11%11%12%13%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.640.680.710.720.78
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.743.483.763.553.944.94
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.642.242.562.522.843.83
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.0711.9220.0514.2911.459.50
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.080.050.070.090.11
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.864.904.454.423.862.80
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%20%21%25%28%25%
Debt ratio Debt ratio =
Debt /
Total assets
16%13%16%18%20%16%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
140%125%116%105%100%97%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$332,142$463,863$919,563$719,917$348,169
Receivables, inventories, prepaids$591,318$228,828$260,242$290,505$201,819
Short-term investments$2,366,420$2,255,557$1,918,539$1,722,510$1,529,996
Other current assets$0$0$0$0$0
Total current assets$3,289,880$2,948,248$3,098,344$2,732,932$2,079,984
Long-term investments$0$0$0$0$0
Fixed assets$4,615,984$4,669,614$4,827,188$5,058,085$5,281,801
Other long-term assets$3,546,209$3,478,854$3,062,313$2,968,547$2,904,565
Total long-term assets$8,162,193$8,148,468$7,889,501$8,026,632$8,186,366
Total assets$11,452,073$11,096,716$10,987,845$10,759,564$10,266,350
 
Liabilities20202019201820172016
Payables and accrued expenses$124,487$92,336$107,746$131,784$136,641
Other current liabilities$151,423$54,719$109,105$106,819$82,337
Total current liabilities$275,910$147,055$216,851$238,603$218,978
Debt$1,516,748$1,736,944$1,970,988$2,175,962$1,612,773
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$455,086$480,235$581,627$624,047$713,916
Total long-term liabilities$1,971,834$2,217,179$2,552,615$2,800,009$2,326,689
Total liabilities$2,247,744$2,364,234$2,769,466$3,038,612$2,545,667
 
Net assets20202019201820172016
Without donor restrictions$3,936,964$3,824,662$3,728,842$3,432,810$3,749,006
With donor restrictions$5,267,365$4,907,820$4,489,537$4,288,142$3,971,677
Net assets$9,204,329$8,732,482$8,218,379$7,720,952$7,720,683
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,056,920$2,106,240$2,003,083$2,014,301$1,744,285
Program service revenue$4,452,048$5,494,377$5,913,791$5,403,990$4,887,981
Membership dues$0$0$0$0$0
Investment income$73,114$82,642$145,124$124,818$43,738
Other revenue$86,404$71,891$93,983$21,645$32,854
Total other revenue$4,611,566$5,648,910$6,152,898$5,550,453$4,964,573
Total revenue$7,668,486$7,755,150$8,155,981$7,564,754$6,708,858
 
Expenses20202019201820172016
Program services$6,359,483$6,515,400$6,734,502$6,572,342$6,662,243
Management and general$840,399$868,707$874,816$956,544$1,008,251
Fundraising$182,889$171,160$207,870$219,635$295,093
Total expenses$7,382,771$7,555,267$7,817,188$7,748,521$7,965,587
 
Change in net assets20202019201820172016
Surplus (deficit)$285,715$199,883$338,793($183,767)($1,256,729)
Other changes in net assets$0$0$0$0$0
Total change in net assets$285,715$199,883$338,793($183,767)($1,256,729)

Compensation

NameTitleCompensation
Philip BoomPresident$102,097
Israel ChavezVice President of Student Life$72,526
Mark A PressonVP for Admin/Finance (part year)$65,000
Lisa BeattyVice President for Academic Affairs$64,656
William LongstreetVP of Advancement (part year)$30,842
Tom KookVice President of Enrollment/Mktg$4,800

Compensation data as of: 6/30/2020


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 9/27/2021. To update the information below, please email: info@ministrywatch.com


History

In 1938 a young missionary in Belgian Congo became burdened by the need for a school in North America where young people could gather for intensive study of the Bible in a context where the principles of New Testament Christianity could be taught without compromise. Shortly thereafter, R.E. Harlow left his Congo mission station and returned to Toronto. In collaboration with two friends, John Smart and C. Ernest Tatham, he undertook the work of organizing Emmaus Bible School. The growth of the school's ministry is indicative of the divine blessing it has enjoyed.

The school's name appears just once in the Bible in Luke 24:13. Although Emmaus was a very small village, the events that occurred near there make its name one to be remembered. Three days after the death of the Lord Jesus, two of His disciples were walking from Jerusalem to Emmaus. They were depressed that their Master had been killed because they were hoping it was He who was going to redeem Israel. The Lord joined them in their walk, and though they didn't recognize Him, He talked to them about His resurrection, and showed them in all the Scripture "the things concerning Himself." These disciples, later reporting the incident to other disciples, recounted with joy,

Did not our hearts burn within us while He talked with us on the road, and while He opened the Scriptures to us? (Luke 24:32)

This incident explains the use of the name Emmaus. It expresses the purpose of the college: a place where young men and women come to have the Scriptures opened to them, where they learn "the things concerning Himself."

1941 Evening school classes commence in Central Hall, Toronto, Canada, under the leadership of the school founders, R.E. Harlow, John Smart, and C. Earnest Tatham.

1942 The correspondence school is established to meet a need for systematic Bible study materials for men and women serving in the military during World War II.

1945 Resident school classes begin in Central Hall, Toronto.

1946 Increased enrollment necessitates the purchase of a building at 81 Harcourt Avenue, Toronto.

1947 Growing enrollments lead to the establishment of a campus on Normal Avenue, Chicago, Illinois. The school offers a one-year Biblical Studies program.

1949 The Chicago, Normal Avenue campus begins to offer an upper level, senior division of studies.

1953 To accommodate continuing growth, the school acquires a former YMCA building at 156 N. Oak Park Avenue, Oak Park, Illinois. Co-founder R. E. Harlow is named Principal of Emmaus Bible School.

1954 The Toronto and Chicago campuses merge. All classes are now offered at the Oak Park campus.

1956 Emmaus Bible School becomes a member of the Evangelical Training Association (ETA).

1959 William McDonald becomes the second President of Emmaus Bible School.

1960 The school purchases a 20-unit apartment building in close proximity to the Oak Park campus to house additional resident students.

1965 John Smart, one of the three founders, assumes the presidency of Emmaus.

1966 Property adjacent to the Oak Park Avenue building is purchased for future expansion. The school adds a missions program to the curriculum.

1967 The Groveland Apartment building provides housing for male resident students.

1968 Construction of a new faculty wing is completed.

1972 Emmaus Bible School hosts its first Missionary Emphasis Week focused on overseas missions.

1974 Renovation of the Oak Park building results in the addition of an 1800-square-foot student center.

1976 Daniel H. Smith is inaugurated as the fourth President of Emmaus Bible School.

1979 Emmaus Bible School hosts its first Home Worker's Week focused on ministries in North America.

1983 The school hosts its first Christian Ministries Seminar combining the Missionary Emphasis Week and Home Worker's Week into a program highlighting avenues for service both at home and abroad. The board approves the purchase of the former Aquinas Institute of Theology campus in Dubuque, Iowa.

1984 Emmaus Bible School becomes Emmaus Bible College and relocates to its new 17-acre campus in Dubuque, Iowa

1985 Emmaus offers college-level evening courses in the Dubuque area.

1986 Emmaus receives accreditation from the Accrediting Association of Bible Colleges (AABC) and begins to grant bachelor degrees. The Trust Services department is established to assist the Lord's people with their estate planning and financial stewardship needs.

1989 The College purchases adjacent land for a future athletic field.

1991 Emmaus celebrates its 50th anniversary. Work on the new athletic field is completed.

1992 The college establishes the Emmaus Archives to preserve the unique history of Emmaus Bible College.

1993 Emmaus joins the National Christian College Athletic Association and officially begins competing in men's and women's basketball at the collegiate level.

1994 Construction of the Pollard Field House is completed. Emmaus is approved by the Accrediting Association of Bible Colleges to offer a degree in Elementary Teacher Education.

1996 Emmaus marks 50 years of commencement exercises and awards degrees to the first graduates from the Elementary Education program.

1997 The State of Iowa Department of Education approves the Elementary Education program for teacher licensure. The Robbie Pile Dining Hall is dedicated.

1998 Three new double majors are added to the academic offerings: Biblical Studies/Intercultural Studies, Biblical Studies/Youth Ministries, and Biblical Studies/Computer Systems Management.

1999 The Emmaus Ministry Resources project is instituted in partnership with Stewards Ministries.

2000 Kenneth A. Daughters is inaugurated as the fifth President of Emmaus Bible College. Dr. Daniel Smith is appointed the first Chancellor. Daniel H. Smith Hall opens in October to house maintenance shops, business offices, the computer classroom and lab, and three dormitory floors.

2001 The first issue of Journey magazine is published in the spring, followed by the first Iron Sharpens Iron conference in May. Emmaus Trust Services becomes Believers Stewardship Services.

2001 Emmaus celebrates its 60th anniversary.

2002 Emmaus Correspondence School becomes ECS Ministries.

2003 The college community engages in a comprehensive institutional self-evaluation in preparation for an accreditation team visit from the Higher Learning Commission.

2004 Emmaus Bible College achieves candidate status with the Higher Learning Commission of the North Central Association of Colleges and Schools.

2005 A new double major in Biblical Studies/Music Ministry is added to the academic offerings. Work is completed on a new Science Lab.

2006 Emmaus Bible College is regionally accredited by The Higher Learning Commission and becomes a member of the North Central Association of Colleges and Schools. The college also receives reaffirmation of accreditation from the Association for Biblical Higher Education (ABHE) and reaffirmation of State of Iowa approval of the Elementary Education program for teacher licensure.

2007 Two new programs in Biblical Studies/Nursing and Biblical Studies/Business Administration are offered in cooperation with Northeast Iowa Community College.

2008 Emmaus Bible College is recognized for "the extraordinary and exemplary community service contributions of its students, faculty, and staff in meeting community and national needs" by The President's Higher Education Community Service Honor Roll.

2009 Two new double majors are added to the academic offerings: Biblical Studies/Business Administration and Biblical Studies/Counseling Psychology. Men's soccer and women's volleyball are added as intercollegiate sports. The David A. Glock auditorium is dedicated. The college celebrates 25 years in Dubuque, Iowa.

2011 The Higher Learning Commission of the North Central Association of Colleges and Schools reaffirms regional accreditation for Emmaus Bible College until 2020-2021.

2012 The State of Iowa reaffirms approval of the Elementary Education program for teacher licensure and approves Secondary Education programs in business, psychology, and world history. A Camp Ministries major, offered in cooperation with Camp Forest Springs (WI), and an Associate of Arts degree in General Studies are added to the academic program offerings.

2013 Mr. Philip Boom is inaugurated as the sixth president of Emmaus Bible College.

2014 Several new programs are added to the academic offerings: an Associate of Arts in Secondary Education, a Secondary Education Math endorsement, and minors in Archaeology and Spanish Language.

2015 Emmaus Bible College begins offering online courses through Emmaus Distance Learning (EDL).


Program accomplishments


Needs