Columbia International University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 8/6/2020. 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

Year founded: 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 rating675 of 81792 of 100
Fund acquisition rating620 of 81786 of 100
Resource allocation rating630 of 81776 of 100
Asset utilization rating473 of 81766 of 100

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
19%23%7%9%13%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%5%2%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
10%20%37%26%17%19%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%4%3%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
90%80%63%74%83%81%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%79%80%77%78%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%112%86%90%100%80%
Program output ratio Program output ratio =
Program services /
Total revenue
82%88%69%70%78%60%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%-12%14%10%0%20%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%-6%8%5%0%13%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%17%17%20%20%22%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.410.350.380.410.41
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.882.451.631.852.172.18
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.010.570.700.900.89
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.865.9125.3926.7018.3519.32
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.170.170.040.040.050.05
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.809.9120.1016.5212.6512.72
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%32%27%20%22%22%
Debt ratio Debt ratio =
Debt /
Total assets
17%21%21%14%15%15%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
142%166%209%211%189%189%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$1,075,304$11,215,896$2,018,911$2,656,460$2,021,919
Receivables, inventories, prepaids$4,871,086$17,202,294$5,547,529$4,108,181$6,650,017
Short-term investments$40,453,254$39,182,601$41,388,332$32,254,580$30,958,434
Other current assets$0$0$0$0$0
Total current assets$46,399,644$67,600,791$48,954,772$39,019,221$39,630,370
Long-term investments$1,964,255$3,274,239$2,982,564$6,270,006$5,224,193
Fixed assets$61,423,660$35,643,487$35,088,241$35,778,175$36,534,420
Other long-term assets$4,063,423$3,712,689$3,749,633$3,663,531$4,866,746
Total long-term assets$67,451,338$42,630,415$41,820,438$45,711,712$46,625,359
Total assets$113,850,982$110,231,206$90,775,210$84,730,933$86,255,729
 
Liabilities20192018201720162015
Payables and accrued expenses$5,407,555$2,096,111$1,499,606$675,889$717,588
Other current liabilities$2,449,991$566,560$333,769$1,450,982$1,333,269
Total current liabilities$7,857,546$2,662,671$1,833,375$2,126,871$2,050,857
Debt$24,238,817$22,852,823$12,312,520$12,748,129$13,166,382
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$4,127,379$3,742,353$4,315,511$3,761,944$3,907,166
Total long-term liabilities$28,366,196$26,595,176$16,628,031$16,510,073$17,073,548
Total liabilities$36,223,742$29,257,847$18,461,406$18,636,944$19,124,405
 
Net assets20192018201720162015
Unrestricted$34,425,739$36,494,428$37,837,911$35,228,740$34,923,699
Temporarily restricted$0$39,833,397$29,846,737$26,259,748$27,616,645
Permanently restricted$43,201,501$4,645,534$4,629,156$4,605,501$4,590,980
Net assets$77,627,240$80,973,359$72,313,804$66,093,989$67,131,324
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$8,398,315$16,891,917$9,755,385$5,792,266$8,403,880
Program service revenue$31,603,530$27,591,518$26,916,809$28,152,810$27,396,903
Membership dues$0$0$0$0$0
Investment income$949,923$607,542$1,041,440$832,796$8,339,833
Other revenue$674,403$151,833$121,236$248,204$192,112
Total other revenue$33,227,856$28,350,893$28,079,485$29,233,810$35,928,848
Total revenue$41,626,171$45,242,810$37,834,870$35,026,076$44,332,728
 
Expenses20192018201720162015
Program services$36,684,486$30,995,810$26,469,399$27,169,259$26,747,900
Management and general$8,088,597$6,654,582$6,915,066$7,081,304$7,859,877
Fundraising$1,897,774$1,113,615$835,321$735,781$858,448
Total expenses$46,670,857$38,764,007$34,219,786$34,986,344$35,466,225
 
Change in net assets20192018201720162015
Surplus (deficit)($5,044,686)$6,478,803$3,615,084$39,732$8,866,503
Other changes in net assets$0$0$0$0$0
Total change in net assets($5,044,686)$6,478,803$3,615,084$39,732$8,866,503

Compensation

NameTitleCompensation
Mark SmithPresident$322,700
William JonesChancellor$175,157
Keith MarionSenior Vice President$157,202
Antonio FajardoHeadmaster, BLS$155,831
Rob HartmanChief Financial Officer$119,226

Compensation data as of: 6/30/2019


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 8/6/2020. 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


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