Missouri Baptist University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 10/26/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Missouri Baptist University is an evangelical Christian, liberal arts institution. The University is committed to enriching its students' lives spiritually, intellectually, and professionally, and to preparing students to serve in a global and culturally diverse society.


Contact information

Mailing address:
Missouri Baptist University
1 College Park Drive
St. Louis, MO 63141-8660

Website: mobap.edu

Phone: 314-434-1115

Email: admissions@mobap.edu


Organization details

EIN: 430817015

CEO/President: Dr. Alton Lacey

Chairman: James Plymale

Board size: 37

Founder:

Year founded: 2003

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

To teach, empower, and inspire students for service and lifelong learning. Missouri Baptist University is an evangelical Christian, liberal arts institution and has as its purpose the offering of programs of study leading to professional certificates, undergraduate degrees, and graduate degrees in an environment where academic excellence is emphasized and a Biblically based Christian perspective is maintained.


Mission statement

The University seeks to prepare students who are motivated by ideals of service for effective performance in careers which are appropriate to the Christian commitment of MBU.


Statement of faith

The University is affiliated with the Missouri Baptist Convention, a network of 1,800 independent Southern Baptist churches that work together to carry out the Great Commission. The Missouri Baptist Convention is affiliated with the national Southern Baptist Convention (SBC), which holds to the Baptist Faith & Message (2000) as its statement of faith (which can be found here: https://bfm.sbc.net/bfm2000/)

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating280 of 81724 of 100
Fund acquisition rating525 of 81771 of 100
Resource allocation rating203 of 81718 of 100
Asset utilization rating287 of 81728 of 100

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
19%64%50%75%51%38%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
10%1%2%2%3%4%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
90%99%98%98%97%96%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%90%89%89%88%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%96%96%98%95%
Program output ratio Program output ratio =
Program services /
Total revenue
82%88%86%85%87%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%4%4%2%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%2%4%4%2%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%9%10%10%10%11%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.620.610.610.600.59
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.884.914.955.016.225.75
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.693.043.023.043.743.41
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.866.928.127.585.305.27
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.170.140.120.130.190.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.803.373.483.432.602.85
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%42%43%46%47%45%
Debt ratio Debt ratio =
Debt /
Total assets
17%39%41%42%43%41%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
142%93%93%90%88%93%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$15,834,122$15,443,428$15,586,057$12,058,300$12,150,646
Receivables, inventories, prepaids$659,792$836,103$368,226$428,473$706,308
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$16,493,914$16,279,531$15,954,283$12,486,773$12,856,954
Long-term investments$5,211,866$4,898,146$4,606,130$4,248,314$4,227,671
Fixed assets$56,451,340$56,345,614$57,155,027$58,141,747$53,165,525
Other long-term assets$2,788,129$3,102,372$2,198,526$2,847,830$3,696,744
Total long-term assets$64,451,335$64,346,132$63,959,683$65,237,891$61,089,940
Total assets$80,945,249$80,625,663$79,913,966$77,724,664$73,946,894
 
Liabilities20192018201720162015
Payables and accrued expenses$2,079,289$1,666,077$1,850,887$2,195,322$2,184,793
Other current liabilities$304,483$338,594$254,071$162,015$252,674
Total current liabilities$2,383,772$2,004,671$2,104,958$2,357,337$2,437,467
Debt$31,486,658$32,710,892$33,803,850$33,196,808$30,181,000
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$280,773$229,070$476,597$1,067,221$679,920
Total long-term liabilities$31,767,431$32,939,962$34,280,447$34,264,029$30,860,920
Total liabilities$34,151,203$34,944,633$36,385,405$36,621,366$33,298,387
 
Net assets20192018201720162015
Unrestricted$38,477,927$37,991,078$36,839,494$35,269,257$34,801,435
Temporarily restricted$4,160,741$3,689,120$2,898,729$2,260,775$2,240,580
Permanently restricted$4,155,378$4,000,832$3,790,338$3,573,266$3,606,492
Net assets$46,794,046$45,681,030$43,528,561$41,103,298$40,648,507
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$767,972$1,186,477$925,036$1,309,955$1,646,796
Program service revenue$49,451,508$48,628,533$48,674,076$45,410,178$43,380,511
Membership dues$0$0$0$0$0
Investment income$670,344$893,700$432,139$453,765$474,281
Other revenue$328,196$279,901$254,727$283,220$562,469
Total other revenue$50,450,048$49,802,134$49,360,942$46,147,163$44,417,261
Total revenue$51,218,020$50,988,611$50,285,978$47,457,118$46,064,057
 
Expenses20192018201720162015
Program services$45,060,030$43,622,516$42,929,113$41,126,220$38,496,234
Management and general$4,623,966$4,975,371$4,848,516$4,901,572$4,763,800
Fundraising$490,860$594,290$697,646$666,130$623,449
Total expenses$50,174,856$49,192,177$48,475,275$46,693,922$43,883,483
 
Change in net assets20192018201720162015
Surplus (deficit)$1,043,164$1,796,434$1,810,703$763,196$2,180,574
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,043,164$1,796,434$1,810,703$763,196$2,180,574

Compensation

NameTitleCompensation
Keith RossPresident$272,930
R Alton LaceyFormer Chancellor Emeritus$198,761
Arlen R DykstraProvost$174,208
Andy ChambersSr. VP of Student Development$149,488
Ken RevenaughSr VP of Business Affairs$149,187
Amber PyattDirector of Nursing$148,175
Bryce ChapmanVP Enrollment, Marketing, Comm$145,385
Thomas SmithDirector of Athletics$135,998
Melanie BishopDean of Education$133,186
Shelton SmithProfessor of Education$123,986
Jerry DeeseAssoc. Professor Mathematics$116,763

Compensation data as of: 6/30/2019


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 10/26/2020. To update the information below, please email: info@ministrywatch.com


History

When you stroll through our campus, it's hard to believe that a little more than 50 years ago it was a small campus extension with a handful of students. Now, MBU is a flourishing Christian-based university with a growing enrollment, an expanding campus and a highly regarded faculty.

1957: Hannibal-LaGrange College opens an extension at Tower Grove Baptist Church in midtown St. Louis for 68 students taking courses for pastors and laymen

1960: The influence of students, Baptist leaders, pastors and laymen leads the Missouri Baptist Convention to approve the establishment of a Baptist college in St. Louis

1964: The first meeting of the Board of Trustees of Missouri Baptist College

1967: The groundbreaking of the original 81-acre site

1968: Almost 200 students begin classes

1973: The first class of 29 students graduates with Bachelor of Arts degrees

1978: The school achieves its initial accreditation from the North Central Association under the leadership of the college's third president, Dr. Robert Sutherland

1991 - 1995: Dr. Thomas S. Field updates buildings and focuses on securing stable resources for the college

1995: Missouri Baptist University appoints Dr. R. Alton Lacey as University president, ushering in a chapter of the University marked by expansive growth.

The same year, the college doubled its housing capacity with the opening of North Hall.

1999: Spirit of Excellence Campaign raises $10 million for the Pillsbury Chapel and Dale Williams Fine Arts Center

2000: The University was approved to offer its first masters-level program, the Master of Science in Education. Today, the University offers seven graduate degree programs.

2002: Groundbreaking of Dale Williams Fine Arts Center, which prompts Dr. Lacey to famously say, "This building will stand as a reminder of those who came before, who laid the foundation of this whole enterprise, and it will point to the future with great hope and faith."

Then Missouri Baptist College becomes Missouri Baptist University, providing a more fitting description of the institution's increasingly important role in higher education.

2002: MBU opened its flagship building, the Pillsbury Chapel and Dale Williams Fine Arts Center. Every year, more than 100,000 visitors attend various events and performances inside the 53,000-square-foot facility.

2008: MBU began offering its first online degree program, The Master of Science in Education. Today, the University has 9 online programs and hundreds of classes.

2009: The University launched its first terminal degree program, the Doctor of Education.

2011: The University's next chapter of residential living was unveiled with Spartan Village. Situated on the northern end of campus, the first phase of Spartan Village included the opening of The Carl and Deloris Petty Sports and Recreation Complex and modern apartment style living.

2011: Missouri Baptist University opens the Carl and Deloris Petty Sports and Recreation Complex, a state of the art, 47,000 square foot facility aimed at aiding learning and health and wellness.

2013: Phase II of Spartan Village was completed with the construction of a 4,500 square foot bookstore, an expanded and revamped dining hall and a community-focused resident living facility for more than 100 students.

2013: More than 5,200 students-the most ever-were enrolled at MBU.

2014: MBU celebrates its 50th anniversary and Dr. Lacey's 20th year as University president. MBU Football plays its inaugural season, and the University broke ground for a football complex and practice field.

2015: MBU dedicates the Don and Mary Pillsbury Wainwright Performance Hall, located in the The Pillsbury Chapel and Dale Williams Fine Arts Center. New academic programs were launched including an exclusively online corporate security master's degree, an undergraduate commercial voice degree.

MBU also begins offering an Ed.D. in higher education in fall 2015 as well as the new MBU Adult and Online division, which offers four undergraduate degree tracks entirely online at an affordable price for the busy working adult.

2016: MBU completes the final phase of Spartan Village with the completion of Spartan South, dorm-style buildings with a capacity of 80 students.

MBU began its first year of a new honors program, MBU Honors.

2017: President Lacey announces retirement, effective at the completion of the 2017-2018 school year, after 24 years of service to the University.


Program accomplishments


Needs