Columbia International University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 8/5/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Columbia International University is a Christian university in Columbia, South Carolina offering undergraduate, graduate and seminary degrees. Undergraduate students complete two degrees- one in Bible and a second of their choice. Graduates prepare to join the other 17,000 alumni working in 150 countries to make an impact for Christ.


Contact information

Mailing address:
Columbia International University
7435 Monticello Road
Columbia, SC 29203

Website: ciu.edu

Phone: 800-777-2227

Email: yesciu@ciu.edu


Organization details

EIN: 570352247

CEO/President: Mark Smith

Chairman:

Board size: 26

Founder: Emily Dick

Ruling year: 1937

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1979


Purpose

CIU focuses on developing leaders while affirming the Bible as the foundation for all learning. We live by our motto "To Know Him and to Make Him Known."


Mission statement

Columbia International University educates people from a Biblical worldview to impact the nations with the message of Christ.


Statement of faith

Teaching at Columbia International University is based on the great fundamentals of the Christian faith, all of which center in the person of Jesus Christ, our crucified, risen, and glorified Savior and Lord. The following, together with other Christian principles of doctrine and practice, including the affirmation of the full trustworthiness of Scripture, which in its original writing was verbally inspired and without error, shall be the basis of the faith and doctrine of the Columbia International University:

The Bible is the inspired Word of God, the written record of His supernatural revelation of Himself to man, absolute in its authority, complete in its revelation, final in its content, and without any errors in its teachings.

All men in their natural state are lost, alienated from God, spiritually dead: "All have sinned, and fall short of the glory of God" (Rom. 3:23).

Salvation is only by grace, a free gift of God, through faith in the Lord Jesus, who died for our sins according to the Scriptures (1 Cor. 15:3). Those who thus receive Christ by faith have their sins forgiven (Eph. 1:7), their hearts cleansed (Acts 15:9), are born of the Spirit, become children of God (Jn. 1:12, 13), and are made new creatures in Christ (II Cor. 5:17).

God is One God, Who reveals Himself in three Persons, Father, Son, and Holy Spirit. Jesus Christ, as the Scriptures affirm, is the Son of God and Son of man. He was born of a virgin and is Himself very God. The Scriptures also declare the deity and personality of the Holy Spirit.

Our Lord Jesus rose from the dead in the same body that was laid to rest in the tomb (Jn. 20:25-27). The bodies of all believers who die will be raised from the dead, and they will receive an incorruptible body like unto His glorious body (I Cor. 15:53; Phil. 3:21). All other men shall be raised unto "the resurrection of judgment" (Jn. 5:28, 29).

Christians, born of the Spirit, are to live the new life in the present power of the Spirit. "If we live by the Spirit, by the Spirit let us also walk" (Gal. 5:16-25; Col. 2:6). The Christian's responsibility and his normal attitude of life is to yield himself to God (Rom. 6:13), trusting God to keep him.

Christian "living" includes Christian service, the winning of souls around us, and the preaching of the Gospel in the uttermost parts of the earth. In carrying on this work there is needed the supernatural power of the Holy Spirit which is granted to every believer as he yields and trusts (Acts 1:8; I Cor. 12:7; Eph. 3:20; Acts 5:32). And in all of this service, prayer is to have the central place (Jn. 14:12-14; Eph. 6:18, 19).

Jesus Christ will come again to earth the second time (Heb. 9:28), personally (Acts 1:11; I Thess. 4:16), bodily (Acts 1:11; Col. 2:9), and visibly (Matt. 26:64; Rev. 1:7). His coming will precede the age of universal peace and righteousness foretold in the Scriptures (Matt. 24:29, 30, 42; II Thess. 2:7, 8; Rev. 20:1-6). (Candidates for graduation need not affirm the premillennial position.)

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating828 of 999103 of 117
Fund acquisition rating830 of 1001104 of 117
Resource allocation rating729 of 100185 of 117
Asset utilization rating530 of 99958 of 117

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%21%23%7%9%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%5%5%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%22%20%37%26%17%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%4%4%3%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
87%78%80%63%74%83%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%80%79%80%77%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%112%112%86%90%100%
Program output ratio Program output ratio =
Program services /
Total revenue
81%90%88%69%70%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-12%-12%14%10%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-8%-6%8%5%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%16%17%17%20%20%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.500.410.350.380.41
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.772.732.451.631.852.17
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.661.361.010.570.700.90
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.087.775.9125.3926.7018.35
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.130.170.040.040.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.787.699.9120.1016.5212.65
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%33%32%27%20%22%
Debt ratio Debt ratio =
Debt /
Total assets
17%25%21%21%14%15%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
140%134%166%209%211%189%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,009,906$1,075,304$11,215,896$2,018,911$2,656,460
Receivables, inventories, prepaids$2,667,636$4,871,086$17,202,294$5,547,529$4,108,181
Short-term investments$36,834,805$40,453,254$39,182,601$41,388,332$32,254,580
Other current assets$0$0$0$0$0
Total current assets$40,512,347$46,399,644$67,600,791$48,954,772$39,019,221
Long-term investments$1,964,256$1,964,255$3,274,239$2,982,564$6,270,006
Fixed assets$64,324,500$61,423,660$35,643,487$35,088,241$35,778,175
Other long-term assets$3,842,413$4,063,423$3,712,689$3,749,633$3,663,531
Total long-term assets$70,131,169$67,451,338$42,630,415$41,820,438$45,711,712
Total assets$110,643,516$113,850,982$110,231,206$90,775,210$84,730,933
 
Liabilities20202019201820172016
Payables and accrued expenses$3,111,083$5,407,555$2,096,111$1,499,606$675,889
Other current liabilities$2,099,587$2,449,991$566,560$333,769$1,450,982
Total current liabilities$5,210,670$7,857,546$2,662,671$1,833,375$2,126,871
Debt$27,916,791$24,238,817$22,852,823$12,312,520$12,748,129
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,758,797$4,127,379$3,742,353$4,315,511$3,761,944
Total long-term liabilities$31,675,588$28,366,196$26,595,176$16,628,031$16,510,073
Total liabilities$36,886,258$36,223,742$29,257,847$18,461,406$18,636,944
 
Net assets20202019201820172016
Without donor restrictions$42,959,034$34,425,739$36,494,428$37,837,911$35,228,740
With donor restrictions$30,798,224$43,201,501$44,478,931$34,475,893$30,865,249
Net assets$73,757,258$77,627,240$80,973,359$72,313,804$66,093,989
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$10,588,234$8,398,315$16,891,917$9,755,385$5,792,266
Program service revenue$37,343,613$31,603,530$27,591,518$26,916,809$28,152,810
Membership dues$0$0$0$0$0
Investment income$672,483$949,923$607,542$1,041,440$832,796
Other revenue$362,319$674,403$151,833$121,236$248,204
Total other revenue$38,378,415$33,227,856$28,350,893$28,079,485$29,233,810
Total revenue$48,966,649$41,626,171$45,242,810$37,834,870$35,026,076
 
Expenses20202019201820172016
Program services$43,908,832$36,684,486$30,995,810$26,469,399$27,169,259
Management and general$8,965,181$8,088,597$6,654,582$6,915,066$7,081,304
Fundraising$2,213,074$1,897,774$1,113,615$835,321$735,781
Total expenses$55,087,087$46,670,857$38,764,007$34,219,786$34,986,344
 
Change in net assets20202019201820172016
Surplus (deficit)($6,120,438)($5,044,686)$6,478,803$3,615,084$39,732
Other changes in net assets$0$0$0$0$0
Total change in net assets($6,120,438)($5,044,686)$6,478,803$3,615,084$39,732

Compensation

NameTitleCompensation
Mark SmithPresident$362,537
William JonesChancellor$181,976
Keith MarionSenior Vice President$160,152
Antonio FajardoHeadmaster, BLS$155,735
Rob HartmanChief Financial Officer$120,980
Ricky ChristmanVice President$117,259

Compensation data as of: 6/30/2020


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 8/5/2021. To update the information below, please email: info@ministrywatch.com


History

What is now Columbia International University exists because of the power of prayer. Thanks to the prayers of a Sunday school teacher and her friends, CIU has been a catalyst for preparing students for ministry and missions.

Emily Dick - concerned for the spiritual needs of Columbia's mill workers and their families - attended Moody Bible Institute in 1913 to better learn Scripture. Five years later and now back home; she and her circle of six other "praying women" saw their dream of a local Bible school come true. The man of God who would lead the new work was Robert C. McQuilkin, CIU's first president.

The school began classes in the fall of 1922 in rented rooms at the former Colonia Hotel in downtown Columbia and at the YMCA, and officially became Columbia Bible School in 1923. Two hotel rooms served as the classroom and the office, and the hotel's sunroom was used for popular Friday evening classes open to the public. In 1929, the school's name changed to Columbia Bible College and six years later, the school began offering graduate courses. The college moved to its current location on Monticello Road in 1960 and the name was changed again in 1994 to Columbia International University.


Program accomplishments


Needs