College of the Ozarks

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/10/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

C of O is committed to its founding mission of providing a quality, Christian education to those who are found worthy, but who are without sufficient means to obtain such training. Instead of paying tuition, all full-time students work campus jobs to defray the cost of education. Upon complete participation in the Work Education Program, the College guarantees to meet the entire cost of education for students, allowing them the opportunity to graduate debt-free. The College openly discourages debt by not participating in any government loan programs and leads by example through having no institutional debt of any kind.


Contact information

Mailing address:
College of the Ozarks
100 Opportunity Ave
Point Lookout, MO 65726

Website: cofo.edu

Phone: 1-800-222-0525

Email: https://www.cofo.edu/Contact/Email


Organization details

EIN: 440556862

CEO/President: Jerry Davis

Chairman: General Terrence R. Dake

Board size: 18

Founder: James Forsythe

Year founded: 1941

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

Our vision is to develop citizens of Christ-like character who are well-educated, hardworking and patriotic. Christian values and character, hard work, and financial responsibility comprise the fundamental building blocks of the "Hard Work U." experience.


Mission statement

The mission of College of the Ozarks is to provide the advantages of a Christian education for youth of both sexes, especially those found worthy, but who are without sufficient means to procure such training.


Statement of faith

As an interdenominational school, the college affirms two basic, historical statements to describe the faith it hopes to foster. I believe in God, the Father almighty, Creator of heaven and earth, and in Jesus Christ, his only Son, our Lord, who was conceived by the Holy Spirit, born of the Virgin Mary, suffered under Pontius Pilate, was crucified, died and was buried; he descended into hell; on the third day he rose again from the dead; he ascended into heaven, and is seated at the right hand of God the Father almighty; from there he will come to judge the living and the dead. I believe in the Holy Spirit, the holy universal Church, the communion of saints, the forgiveness of sins, the resurrection of the body, and life everlasting. Amen. - Apostles' Creed We believe in one God, the Father, the Almighty, maker of heaven and earth, of all that is, seen and unseen. We believe in one Lord, Jesus Christ, the only Son of God, eternally begotten of the Father, God from God, Light from Light, true God from true God, begotten, not made, of one Being with the Father. Through him all things were made. For us and for our salvation he came down from heaven: by the power of the Holy Spirit he became incarnate from the Virgin Mary, and was made man. For our sake he was crucified under Pontius Pilate; he suffered death and was buried. On the third day he rose again in accordance with the Scriptures; he ascended into heaven and is seated at the right hand of the Father. He will come again in glory to judge the living and the dead, and his kingdom will have no end. We believe in the Holy Spirit, the Lord, the giver of life, who proceeds from the Father and the Son. With the Father and the Son he is worshiped and glorified. He has spoken through the Prophets. We believe in one holy universal and apostolic Church. We acknowledge one baptism for the forgiveness of sins. We look for the resurrection of the dead, and the life of the world to come. Amen. - Nicene Creed

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating209 of 91321 of 111
Fund acquisition rating13 of 9157 of 111
Resource allocation rating276 of 91524 of 111
Asset utilization rating647 of 91389 of 111

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%3%5%4%5%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%26%12%14%11%11%
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
87%74%88%86%89%89%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%89%87%86%88%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%96%83%78%77%80%
Program output ratio Program output ratio =
Program services /
Total revenue
81%86%73%67%68%68%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%4%17%22%23%20%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%1%3%3%5%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%11%12%13%11%13%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.140.140.120.150.14
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.731.661.691.651.671.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.620.240.230.190.250.24
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.0850.5454.3564.7772.5571.21
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.020.020.020.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.9549.8750.5761.5747.3549.15
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%6%5%5%5%6%
Debt ratio Debt ratio =
Debt /
Total assets
16%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
139%662%686%818%631%668%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$6,476,288$2,682,354$1,435,191$4,661,345$2,284,203
Receivables, inventories, prepaids$10,080,802$5,523,758$5,103,075$6,698,090$5,026,548
Short-term investments$383,080,982$375,323,646$405,144,115$355,370,865$319,540,971
Other current assets$0$0$0$0$0
Total current assets$399,638,072$383,529,758$411,682,381$366,730,300$326,851,722
Long-term investments$0$0$0$0$0
Fixed assets$104,893,955$102,453,378$99,198,164$86,122,992$80,062,200
Other long-term assets$160,517,734$160,816,563$166,607,483$158,359,663$149,896,942
Total long-term assets$265,411,689$263,269,941$265,805,647$244,482,655$229,959,142
Total assets$665,049,761$646,799,699$677,488,028$611,212,955$556,810,864
 
Liabilities20202019201820172016
Payables and accrued expenses$1,859,356$2,235,703$2,236,964$1,432,837$1,230,855
Other current liabilities$6,048,345$4,821,586$4,119,429$3,622,110$3,359,090
Total current liabilities$7,907,701$7,057,289$6,356,393$5,054,947$4,589,945
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$32,719,420$26,467,447$24,920,412$27,418,831$26,594,338
Total long-term liabilities$32,719,420$26,467,447$24,920,412$27,418,831$26,594,338
Total liabilities$40,627,121$33,524,736$31,276,805$32,473,778$31,184,283
 
Net assets20202019201820172016
Without donor restrictions$357,181,159$354,771,667$383,337,734$326,242,011$283,763,871
With donor restrictions$267,241,481$258,503,296$262,873,489$252,497,166$241,862,710
Net assets$624,422,640$613,274,963$646,211,223$578,739,177$525,626,581
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$25,270,848$12,675,957$14,070,537$13,456,138$10,518,614
Program service revenue$47,642,066$49,696,169$46,739,859$45,231,221$42,079,190
Membership dues$0$0$0$0$0
Investment income$24,397,899$44,067,845$39,342,328$59,018,022$44,349,553
Other revenue$370,917$993,211$726,873$1,382,333$1,931,509
Total other revenue$72,410,882$94,757,225$86,809,060$105,631,576$88,360,252
Total revenue$97,681,730$107,433,182$100,879,597$119,087,714$98,878,866
 
Expenses20202019201820172016
Program services$83,549,122$77,933,864$67,837,876$80,716,413$67,612,109
Management and general$10,031,581$10,736,619$10,544,101$10,300,004$10,368,516
Fundraising$677,573$667,746$610,751$651,814$703,121
Total expenses$94,258,276$89,338,229$78,992,728$91,668,231$78,683,746
 
Change in net assets20202019201820172016
Surplus (deficit)$3,423,454$18,094,953$21,886,869$27,419,483$20,195,120
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,423,454$18,094,953$21,886,869$27,419,483$20,195,120

Compensation

NameTitleCompensation
Jerry DavisPresident$487,129
Tom HealeyDirector of Keeter Center$196,207
Sue HeadVP For Cultural$192,463
Eric BolgerVP For Academics$186,244
Jeffrey SchneiderDirector of Computer Center$173,459
Marvin SchoeneckeDean of Administration$169,932
Robert J StricklinExec Chef, Food/Beverage Director$166,899
Sam KetcherAssistant Treasurer$160,896
Marci L LinsonVP For Patriotism$157,516
Justin CarswellVP For Christian Ed$152,857
Charles F HughesFormer Treasurer$144,957
Weston T WiebeTreasurer$101,365
Tamara SchneiderCorporate Secretary$84,733
Elizabeth BlevinsAsst Corporate Secretary$77,357
Howell W KeeterVice President$67,339

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 2/10/2021. To update the information below, please email: info@ministrywatch.com


History

College of the Ozarks is a fully accredited, Christian, liberal arts college located just outside Branson, Missouri. Founded in 1906 by Presbyterian minister Reverend James Forsythe as a high school called The School of the Ozarks, the institution became a junior college in 1956 before becoming a four-year bachelor's program in 1965. It has been called College of the Ozarks since 1990. The institution provides the opportunity for full-time students to work at one of more than 100 campus jobs or industries to help pay for part of their cost of education. The remaining portion of the students' expenses is covered through scholarships provided by gifts and contributions from donors who believe in and support the programs and policies of the College. These student work programs and donor contributions allow C of O to operate as a no-tuition college. In 2012, College of the Ozarks reopened School of the Ozarks, a classical laboratory high school. The addition of School of the Ozarks was followed soon after with the full implementation of a lower school in the fall of 2015, completing the K-college format.


Program accomplishments


Needs