Campbell University

The information on this page was last updated 2/6/2023. If you see errors or omissions, please email: [email protected]


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: [email protected]


Organization details

EIN: 560529940

CEO/President: J. Bradley Creed

Chairman: Benjamin N. Thompson

Board size: 45

Founder: James Archibald Campbell

Ruling year: 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. 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.


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.

Donor confidence score

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Transparency grade

C

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating381 of 110150 of 129
Fund acquisition rating575 of 110268 of 129
Resource allocation rating122 of 110210 of 129
Asset utilization rating663 of 110193 of 129

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%11%9%7%15%21%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
22%8%10%16%10%8%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%1%1%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
78%92%90%84%90%92%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%92%91%93%92%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%89%88%92%97%101%
Program output ratio Program output ratio =
Program services /
Total revenue
77%82%80%86%89%94%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%11%12%8%3%-1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%6%7%5%2%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%7%8%6%7%5%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.360.340.390.430.44
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.612.112.052.382.482.29
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.400.750.700.941.051.02
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.6318.6621.8616.5912.8115.18
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.050.050.060.080.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.3715.1516.4312.0010.4911.01
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%26%27%31%30%26%
Debt ratio Debt ratio =
Debt /
Total assets
11%12%12%25%22%19%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
151%207%215%175%165%167%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$61,640,301$55,550,737$45,474,585$32,980,841$15,648,670
Receivables, inventories, prepaids$9,711,275$16,946,650$18,044,255$19,603,284$18,798,469
Short-term investments$237,213,535$259,337,764$193,528,791$177,013,339$204,007,641
Other current assets$0$0$0$0$0
Total current assets$308,565,111$331,835,151$257,047,631$229,597,464$238,454,780
Long-term investments$16,106$568,674$568,674$562,574$562,574
Fixed assets$324,269,310$335,958,762$343,462,390$326,736,946$299,068,735
Other long-term assets$17,227,599$10,379,849$11,826,275$11,709,555$8,158,817
Total long-term assets$341,513,015$346,907,285$355,857,339$339,009,075$307,790,126
Total assets$650,078,126$678,742,436$612,904,970$568,606,539$546,244,906
 
Liabilities20222021202020192018
Payables and accrued expenses$10,856,603$8,006,865$7,312,057$11,248,067$9,702,607
Other current liabilities$5,683,387$7,171,992$8,180,187$6,680,258$6,006,305
Total current liabilities$16,539,990$15,178,857$15,492,244$17,928,325$15,708,912
Debt$77,552,382$81,461,541$150,574,036$126,268,485$106,313,767
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$76,277,512$84,057,946$25,269,791$24,264,413$19,718,841
Total long-term liabilities$153,829,894$165,519,487$175,843,827$150,532,898$126,032,608
Total liabilities$170,369,884$180,698,344$191,336,071$168,461,223$141,741,520
 
Net assets20222021202020192018
Without donor restrictions$266,510,771$258,569,625$231,912,182$218,037,761$209,293,681
With donor restrictions$213,197,471$239,474,467$189,656,717$182,107,555$195,209,705
Net assets$479,708,242$498,044,092$421,568,899$400,145,316$404,503,386
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$20,201,207$27,410,206$42,106,668$25,171,619$18,461,371
Program service revenue$209,536,461$215,269,960$208,995,860$209,383,141$208,763,460
Membership dues$0$0$0$0$0
Investment income$25,372,273$18,576,882$5,779,165$11,854,837$11,833,650
Other revenue$4,175,402$2,520,418$4,579,624$3,625,895$2,481,698
Total other revenue$239,084,136$236,367,260$219,354,649$224,863,873$223,078,808
Total revenue$259,285,343$263,777,466$261,461,317$250,035,492$241,540,179
 
Expenses20222021202020192018
Program services$213,203,980$210,658,745$225,071,608$221,866,952$226,965,657
Management and general$15,836,162$18,026,611$13,500,444$16,537,071$11,916,018
Fundraising$2,234,134$2,538,995$2,998,111$3,752,057$3,954,612
Total expenses$231,274,276$231,224,351$241,570,163$242,156,080$242,836,287
 
Change in net assets20222021202020192018
Surplus (deficit)$28,011,067$32,553,115$19,891,154$7,879,412($1,296,108)
Other changes in net assets$0$0$0$0$0
Total change in net assets$28,011,067$32,553,115$19,891,154$7,879,412($1,296,108)

Compensation

NameTitleCompensation
J Bradley CreedPresident$462,534
James PowersAssoc. Dean Clinical Integ.$335,338
J Rich LeonardDean, School of Law$324,600
Brian Kessler As of 5121Dean, Cusom$299,724
Michael MahalikVice Dean Academic Affairs$295,202
David TolentinoAssoc. Dean Clinical Affairs$292,489
David MeeVP For Enrollment Mgt$282,466
Sandra ConnollyVP For Business & CFO$261,732
Mark HammondVP Academic Affairs/Provost$244,141
John RobersonExecutive Vp, Board Secretary$224,273
Britt DavisVP Institutional Advancement$206,955
Dennis BazemoreVP For Student Life$193,230
Sherri Yerk-ZwicklVP For Info Technology & CIO$180,740
Julie ByrdComptroller, Board Treasurer$143,790
Faithe BeamVP Spiritual Life & Campus Min$112,122

Compensation data as of: 5/31/2022


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 2/6/2023. To update the information below, please email: [email protected]


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.

1887 - Opened as Buies Creek Academy when there were no other schools in the area

1967 - Started the first trust and wealth management program in the U.S

1976 - Opened the first law school in North Carolina in 35 years

1986 - Opened the first pharmacy school in the U.S. in 40 years

2013 - Started North Carolina's first bachelor's degree in homeland security

2013 - Opened the first medical school in North Carolina in 35 years


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


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