Campbell 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
Campbell University is a university of the liberal arts, sciences, and professions that is committed to helping students develop an integrated Christian personality characterized by a wholeness of body, mind and spirit.
Contact information
Mailing address:
Campbell University
143 Main Street
Buies Creek, NC 27506
Website: campbell.edu
Phone: (800) 334-4111
Email: news@campbell.edu
Organization details
EIN: 560529940
CEO/President: J. Bradley Creed
Chairman: Benjamin N. Thompson
Board size: 42
Founder: J.A. Campbell
Year founded: 1939
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: No
Member of ECFA since:
Purpose
Fueled by a higher calling, we provide a transformational learning experience that prepares students for servant leadership and equips them with skills and habits to make a difference in the lives of others.
Mission statement
The mission of Campbell University is to graduate students with exemplary academic and professional skills who are prepared for purposeful lives and meaningful service.
Statement of faith
The University is informed and inspired by its Baptist heritage and three basic theological and biblical presuppositions: learning is appointed and conserved by God as essential to the fulfillment of human destiny; in Christ all things consist and find ultimate unity; and the Kingdom of God in this world is rooted and grounded in Christian community. The University embraces the conviction that there is no conflict between the life of faith and the life of inquiry.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
Category | Rating | Overall rank | Sector rank |
Overall efficiency rating | ![]() ![]() ![]() ![]() | 227 of 817 | 20 of 100 |
Fund acquisition rating | ![]() ![]() ![]() | 310 of 817 | 39 of 100 |
Resource allocation rating | ![]() ![]() ![]() ![]() ![]() | 146 of 817 | 10 of 100 |
Asset utilization rating | ![]() ![]() ![]() | 462 of 817 | 63 of 100 |
Financial ratios
Funding ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 19% | 15% | 21% | 23% | 14% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 2% | 2% | 2% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 10% | 10% | 8% | 7% | 10% | 10% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 2% | 2% | 2% | 1% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 90% | 90% | 92% | 93% | 90% | 90% |
Operating ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 85% | 92% | 93% | 93% | 94% | 94% |
Spending ratio Spending ratio = Total expenses / Total revenue | 97% | 97% | 101% | 95% | 98% | 87% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 89% | 94% | 88% | 91% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 3% | 3% | -1% | 5% | 2% | 13% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 2% | 0% | 3% | 1% | 7% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 7% | 5% | 5% | 5% | 4% |
Investing ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.43 | 0.44 | 0.43 | 0.40 | 0.38 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.88 | 2.48 | 2.29 | 2.26 | 2.15 | 2.10 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 1.05 | 1.02 | 0.97 | 0.86 | 0.81 |
Liquidity ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 5.86 | 12.81 | 15.18 | 14.78 | 17.52 | 20.62 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.17 | 0.08 | 0.07 | 0.07 | 0.06 | 0.05 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.80 | 10.49 | 11.01 | 11.59 | 13.11 | 14.18 |
Solvency ratios | Sector median | 2019 | 2018 | 2017 | 2016 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 27% | 30% | 26% | 27% | 27% | 21% |
Debt ratio Debt ratio = Debt / Total assets | 17% | 22% | 19% | 19% | 19% | 13% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 142% | 165% | 167% | 172% | 182% | 207% |
Financials
Balance sheet | |||||
Assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Cash | $32,980,841 | $15,648,670 | $23,842,463 | $45,315,376 | $35,021,081 |
Receivables, inventories, prepaids | $19,603,284 | $18,798,469 | $21,100,694 | $21,330,751 | $19,871,470 |
Short-term investments | $177,013,339 | $204,007,641 | $194,732,854 | $176,143,539 | $175,084,372 |
Other current assets | $0 | $0 | $0 | $0 | $0 |
Total current assets | $229,597,464 | $238,454,780 | $239,676,011 | $242,789,666 | $229,976,923 |
Long-term investments | $562,574 | $562,574 | $568,674 | $568,674 | $522,706 |
Fixed assets | $326,736,946 | $299,068,735 | $292,651,267 | $269,156,352 | $243,242,713 |
Other long-term assets | $11,709,555 | $8,158,817 | $8,452,711 | $8,698,938 | $8,462,091 |
Total long-term assets | $339,009,075 | $307,790,126 | $301,672,652 | $278,423,964 | $252,227,510 |
Total assets | $568,606,539 | $546,244,906 | $541,348,663 | $521,213,630 | $482,204,433 |
Liabilities | 2019 | 2018 | 2017 | 2016 | 2015 |
Payables and accrued expenses | $11,248,067 | $9,702,607 | $10,548,688 | $9,207,355 | $7,196,970 |
Other current liabilities | $6,680,258 | $6,006,305 | $5,670,785 | $4,647,745 | $3,955,480 |
Total current liabilities | $17,928,325 | $15,708,912 | $16,219,473 | $13,855,100 | $11,152,450 |
Debt | $126,268,485 | $106,313,767 | $102,397,464 | $99,644,613 | $62,513,448 |
Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
Other long-term liabilities | $24,264,413 | $19,718,841 | $24,930,984 | $26,599,466 | $25,715,936 |
Total long-term liabilities | $150,532,898 | $126,032,608 | $127,328,448 | $126,244,079 | $88,229,384 |
Total liabilities | $168,461,223 | $141,741,520 | $143,547,921 | $140,099,179 | $99,381,834 |
Net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Unrestricted | $218,037,761 | $209,293,681 | $214,681,196 | $207,705,390 | $209,877,563 |
Temporarily restricted | $64,247,996 | $83,977,865 | $76,182,140 | $71,860,562 | $78,891,621 |
Permanently restricted | $117,859,559 | $111,231,840 | $106,937,406 | $101,548,499 | $94,053,415 |
Net assets | $400,145,316 | $404,503,386 | $397,800,742 | $381,114,451 | $382,822,599 |
Revenues and expenses | |||||
Revenue | 2019 | 2018 | 2017 | 2016 | 2015 |
Total contributions | $25,171,619 | $18,461,371 | $18,103,232 | $21,009,963 | $20,882,994 |
Program service revenue | $209,383,141 | $208,763,460 | $204,492,125 | $190,808,225 | $167,543,551 |
Membership dues | $0 | $0 | $0 | $0 | $0 |
Investment income | $11,854,837 | $11,833,650 | $17,587,379 | ($57,344) | $21,922,646 |
Other revenue | $3,625,895 | $2,481,698 | $2,991,620 | $2,905,432 | $1,549,767 |
Total other revenue | $224,863,873 | $223,078,808 | $225,071,124 | $193,656,313 | $191,015,964 |
Total revenue | $250,035,492 | $241,540,179 | $243,174,356 | $214,666,276 | $211,898,958 |
Expenses | 2019 | 2018 | 2017 | 2016 | 2015 |
Program services | $221,866,952 | $226,965,657 | $215,126,781 | $196,029,628 | $174,739,080 |
Management and general | $16,537,071 | $11,916,018 | $12,042,891 | $10,526,635 | $7,786,363 |
Fundraising | $3,752,057 | $3,954,612 | $4,144,467 | $3,002,119 | $2,691,201 |
Total expenses | $242,156,080 | $242,836,287 | $231,314,139 | $209,558,382 | $185,216,644 |
Change in net assets | 2019 | 2018 | 2017 | 2016 | 2015 |
Surplus (deficit) | $7,879,412 | ($1,296,108) | $11,860,217 | $5,107,894 | $26,682,314 |
Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
Total change in net assets | $7,879,412 | ($1,296,108) | $11,860,217 | $5,107,894 | $26,682,314 |
Compensation
Name | Title | Compensation |
J Bradley Creed | President | $470,752 |
John Kauffman | Dean, College of Osteopathic | $432,164 |
J Rich Leonard | Dean, School of Law | $330,461 |
David Tolentino | Assoc Dean Clinical Affairs | $298,419 |
James E Powers | Assoc Dean Clinical Integrat'n | $295,679 |
Harold Elliott | Chair, Dept of Psychiatry | $289,613 |
James Roberts | Vice-President For Business | $209,451 |
John Roberson | Exec Asst To the President | $170,114 |
Julie Byrd | Comptroller, Treasurer | $133,136 |
Compensation data as of: 5/31/2019
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
On Jan. 5, 1887, James Archibald Campbell, a 26-year-old Baptist minister, welcomed 16 students to a small church in Buies Creek, N.C., for the first day of classes for the school he founded: Buies Creek Academy. By the end of the first term, there were 92 students. Since then, Buies Creek Academy has evolved to become Campbell Junior College (1926), Campbell College (1961), and Campbell University (1979). Throughout these transformations, the university has remained true to its founding principles to address the most pressing needs of North Carolina and to educate men and women for Christian service around the world.
Program accomplishments
Ranked "A Best in the Southeast" college by Princeton Review, and among Best Universities in the South by U.S. News & World Report