Anderson University

Summary

Anderson University is a selective, comprehensive Christian university offering bachelor's, master's, and doctoral degrees on campus, in Greenville and online.


Contact information

Mailing address:
Anderson University
316 Boulevard
Anderson, SC 29621

Website: andersonuniversity.edu

Phone: 864-231-2000

Email: help@andersonuniversity.edu


Organization details

EIN: 570324906

CEO/President: Evans P Whitaker

Chairman:

Board size: 0

Founder: Daniel Brown, J.P. Reed, Stephen McCulley

Year founded: 1935

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

For God and humanity, Anderson University seeks to be an innovative, entrepreneurial, premier comprehensive university where liberal arts, professional studies, and graduate studies thrive within an uplifting, welcoming, and distinctively Christian community of diverse faculty, staff and students dedicated to intellectually rigorous learning, a caring and hospitable campus culture, and personal transformation.


Mission statement

Anderson University is an academic community affiliated with the South Carolina Baptist Convention. It provides a competitive education in the liberal arts, professional, and graduate disciplines, and a co-curricular focus on the development of character, servant leadership, and cultural engagement. This is a diverse community that is intentionally Christ-centered, people-focused, student-oriented, quality-driven, and future-directed.


Statement of faith

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating264 of 58614 of 53
Fund acquisition rating270 of 58621 of 53
Resource allocation rating147 of 58621 of 53
Asset utilization rating437 of 58616 of 53

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%26%22%14%14%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%4%5%8%6%7%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%1%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%96%95%92%94%93%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%87%82%84%84%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%90%90%87%82%88%
Program output ratio Program output ratio =
Program services /
Total revenue
80%78%74%73%68%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%10%10%13%18%12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%7%7%10%14%9%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%12%17%15%15%16%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.070.490.470.450.470.49
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.692.252.332.442.042.29
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.181.111.091.100.971.11
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.7912.8512.588.578.267.03
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.080.080.120.120.14
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.7110.0110.169.6010.899.27
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%26%28%29%25%22%
Debt ratio Debt ratio =
Debt /
Total assets
0%17%19%19%16%12%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%151%154%156%157%160%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$35,444,540$32,171,675$27,639,924$32,210,000$27,018,213
Receivables, inventories, prepaids$2,904,475$3,500,098$4,231,933$2,905,404$2,697,756
Short-term investments$38,572,626$36,350,499$31,917,340$31,214,999$21,957,732
Other current assets$0$0$0$0$0
Total current assets$76,921,641$72,022,272$63,789,197$66,330,403$51,673,701
Long-term investments$4,366,372$3,906,207$3,544,931$6,802,492$10,594,615
Fixed assets$87,238,901$87,783,753$83,800,670$57,874,991$51,783,039
Other long-term assets$4,274,253$4,318,862$4,499,575$4,356,852$4,122,909
Total long-term assets$95,879,526$96,008,822$91,845,176$69,034,335$66,500,563
Total assets$172,801,167$168,031,094$155,634,373$135,364,738$118,174,264
 
Liabilities20182017201620152014
Payables and accrued expenses$4,642,874$4,416,915$5,774,629$4,253,421$3,129,679
Other current liabilities$1,342,576$1,306,603$1,672,094$3,781,463$4,217,051
Total current liabilities$5,985,450$5,723,518$7,446,723$8,034,884$7,346,730
Debt$29,621,852$31,311,978$29,541,077$21,245,107$14,366,948
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$8,524,425$10,044,981$8,889,706$5,230,061$4,817,910
Total long-term liabilities$38,146,277$41,356,959$38,430,783$26,475,168$19,184,858
Total liabilities$44,131,727$47,080,477$45,877,506$34,510,052$26,531,588
 
Net assets20182017201620152014
Unrestricted$96,229,409$90,159,290$74,230,003$66,685,654$58,452,171
Temporarily restricted$11,689,739$10,415,514$16,590,808$15,323,611$14,626,656
Permanently restricted$20,750,292$20,375,813$18,936,056$18,845,421$18,563,849
Net assets$128,669,440$120,950,617$109,756,867$100,854,686$91,642,676
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$4,243,231$4,741,586$6,267,147$5,066,243$4,483,457
Program service revenue$86,263,876$80,488,285$74,766,671$66,611,292$59,540,968
Membership dues$0$0$0$0$0
Investment income$3,951,675$1,362,463($126,681)$6,961,949$1,251,393
Other revenue($48,572)$43,645$34,305$24,689$47,812
Total other revenue$90,166,979$81,894,393$74,674,295$73,597,930$60,840,173
Total revenue$94,410,210$86,635,979$80,941,442$78,664,173$65,323,630
 
Expenses20182017201620152014
Program services$74,080,694$64,281,047$58,869,276$53,744,426$47,845,356
Management and general$9,847,676$12,996,451$10,674,921$9,771,003$8,894,692
Fundraising$1,109,475$1,041,618$902,814$695,745$642,740
Total expenses$85,037,845$78,319,116$70,447,011$64,211,174$57,382,788
 
Change in net assets20182017201620152014
Surplus (deficit)$9,372,365$8,316,863$10,494,431$14,452,999$7,940,842
Other changes in net assets$0$0$0$0$0
Total change in net assets$9,372,365$8,316,863$10,494,431$14,452,999$7,940,842

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments

Anderson University is one of the premier private Christian universities in the country. Known among its peers as an institution that provides a rigorous educational experience, grounded in faith and innovation, AU is regularly recognized by national organizations for affordability, excellence, and a commitment to our student's engagement and growth.


Needs