Point University 
The information on this page was last updated 2/13/2023. If you see errors or omissions, please email: [email protected]
Summary
Founded in 1937, Point University is an accredited, nonprofit institution educating and equipping a diverse Christian community of cultural leaders motivated to live out their faith in the marketplace. The University provides a broad, comprehensive curriculum designed to prepare students for their chosen professions and awards associate, bachelor's, and master's degrees.
Contact information
Mailing address:
Point University
507 West 10th St
West Point, GA 31833
Website: point.edu
Phone: 706-385-1000
Email: [email protected]
Organization details
EIN: 586044761
CEO/President: Dean C. Collins
Chairman: Andre Kennebrew
Board size: 14
Founder: Judge T. O. Hathcock
Ruling year: 1949
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2011
Purpose
Vision: To be the college of choice for students seeking a Christian learning community that is academically challenging, spiritually vibrant and globally engaged.
Mission statement
The mission of Point University is to educate students for Christ-centered service and leadership throughout the world.
Statement of faith
Point University is committed to the Lordship of Jesus Christ, the oneness of Christians, and the evangelization of the world. Since the unity of the church is created and maintained through a common faith in Jesus Christ, Point looks to the inspired biblical record for the foundation of its faith. The Bible is the source of our knowledge of God and His Son, Jesus Christ. The academic program of Point has at its center the Bible, and every degree includes a major or minor in biblical studies.
The trustees and employees of Point affirm the biblical concepts reflected in this statement of faith and have committed themselves to living a life that reflects their presence:
We believe in the one God, Creator of heaven and earth, who eternally exists in three persons: Father, Son and Holy Spirit.
We believe that God the Son assumed human nature, was born of a virgin, ministered in word and miracle, died for our sin, was raised bodily from the dead, ascended to God's right hand where he presently reigns.
We believe that the Holy Spirit indwells every Christian and is presently at work in the Christian community, empowering lives of godliness and service.
We believe that the Holy Bible is inspired by God, trustworthy in its teaching, and the final authority for all matters of faith and practice.
We believe that all of humanity, due to sin, is destined for death, corruption and separation from God apart from the redemptive work of Jesus Christ.
We believe that Jesus Christ established his church to be one holy people, to glorify God, and to carry out his saving mission among all nations.
We believe in God's saving grace that calls for faith, repentance, confession, baptism and new life and service through the Spirit.
We believe in the blessed hope of the second coming of Jesus Christ, who will raise the dead and judge all with justice and mercy, and in the consummation of the Kingdom of God.
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 152 of 1106 | 12 of 129 |
| Fund acquisition rating | | 238 of 1107 | 26 of 129 |
| Resource allocation rating | | 418 of 1107 | 51 of 129 |
| Asset utilization rating | | 263 of 1106 | 26 of 129 |
Financial ratios
| Funding ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 10% | 6% | 8% | 13% | 16% | 9% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 3% | 3% | 4% | 4% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 22% | 42% | 37% | 24% | 24% | 38% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 3% | 3% | 3% | 4% | 4% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 78% | 58% | 63% | 76% | 76% | 62% |
| Operating ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 85% | 83% | 81% | 82% | 83% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 100% | 96% | 97% | 102% | 96% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 85% | 79% | 78% | 84% | 80% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 0% | 4% | 3% | -2% | 4% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 0% | 6% | 6% | -4% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 12% | 14% | 16% | 14% | 13% |
| Investing ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.51 | 0.71 | 0.70 | 0.74 | 0.79 | 0.88 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.64 | 3.06 | 3.61 | 3.82 | 4.44 | 3.11 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.40 | 2.17 | 2.55 | 2.83 | 3.50 | 2.74 |
| Liquidity ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.60 | 3.20 | 3.56 | 3.71 | 3.26 | 3.88 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.12 | 0.31 | 0.28 | 0.27 | 0.31 | 0.26 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.34 | 3.80 | 3.39 | 3.10 | 2.38 | 3.25 |
| Solvency ratios | Sector median | 2022 | 2021 | 2020 | 2019 | 2018 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 24% | 52% | 50% | 54% | 56% | 54% |
Debt ratio Debt ratio = Debt / Total assets | 11% | 41% | 39% | 41% | 40% | 43% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 151% | 68% | 71% | 62% | 56% | 53% |
Financials
| Balance sheet | |||||
| Assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Cash | $7,906,098 | $7,488,156 | $8,988,199 | $7,113,226 | $7,112,343 |
| Receivables, inventories, prepaids | $6,854,805 | $4,724,805 | $2,701,258 | $2,716,388 | $6,668,378 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $14,760,903 | $12,212,961 | $11,689,457 | $9,829,614 | $13,780,721 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $29,598,215 | $31,899,028 | $33,014,251 | $33,859,216 | $29,042,771 |
| Other long-term assets | $795,634 | $0 | $0 | $0 | $0 |
| Total long-term assets | $30,393,849 | $31,899,028 | $33,014,251 | $33,859,216 | $29,042,771 |
| Total assets | $45,154,752 | $44,111,989 | $44,703,708 | $43,688,830 | $42,823,492 |
| Liabilities | 2022 | 2021 | 2020 | 2019 | 2018 |
| Payables and accrued expenses | $3,749,104 | $2,807,527 | $1,651,166 | $2,122,252 | $2,876,022 |
| Other current liabilities | $859,916 | $619,593 | $1,497,495 | $890,574 | $671,405 |
| Total current liabilities | $4,609,020 | $3,427,120 | $3,148,661 | $3,012,826 | $3,547,427 |
| Debt | $18,361,012 | $17,289,153 | $18,252,077 | $17,630,737 | $18,375,896 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $364,641 | $1,478,392 | $2,701,439 | $3,617,460 | $1,033,163 |
| Total long-term liabilities | $18,725,653 | $18,767,545 | $20,953,516 | $21,248,197 | $19,409,059 |
| Total liabilities | $23,334,673 | $22,194,665 | $24,102,177 | $24,261,023 | $22,956,486 |
| Net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Without donor restrictions | $16,287,078 | $16,242,618 | $14,905,642 | $13,775,359 | $9,613,330 |
| With donor restrictions | $5,533,001 | $5,674,706 | $5,695,889 | $5,652,448 | $10,253,676 |
| Net assets | $21,820,079 | $21,917,324 | $20,601,531 | $19,427,807 | $19,867,006 |
| Revenues and expenses | |||||
| Revenue | 2022 | 2021 | 2020 | 2019 | 2018 |
| Total contributions | $13,418,657 | $11,893,101 | $8,117,665 | $8,131,000 | $15,121,734 |
| Program service revenue | $19,516,961 | $19,576,760 | $25,186,342 | $24,364,683 | $23,442,847 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($1,455,454) | $44,720 | $163,184 | $41,940 | $192,682 |
| Other revenue | $483,168 | $887,422 | $797,628 | $1,164,086 | $550,634 |
| Total other revenue | $18,544,675 | $20,508,902 | $26,147,154 | $25,570,709 | $24,186,163 |
| Total revenue | $31,963,332 | $32,402,003 | $34,264,819 | $33,701,709 | $39,307,897 |
| Expenses | 2022 | 2021 | 2020 | 2019 | 2018 |
| Program services | $27,249,561 | $25,680,253 | $26,705,903 | $28,317,782 | $31,337,667 |
| Management and general | $3,977,230 | $4,487,988 | $5,340,663 | $4,755,842 | $5,068,989 |
| Fundraising | $833,786 | $917,969 | $1,044,529 | $1,339,421 | $1,377,094 |
| Total expenses | $32,060,577 | $31,086,210 | $33,091,095 | $34,413,045 | $37,783,750 |
| Change in net assets | 2022 | 2021 | 2020 | 2019 | 2018 |
| Surplus (deficit) | ($97,245) | $1,315,793 | $1,173,724 | ($711,336) | $1,524,147 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($97,245) | $1,315,793 | $1,173,724 | ($711,336) | $1,524,147 |
Compensation
| Name | Title | Compensation |
| Dr Dean C Collins | President | $246,154 |
| Stephen T Weaver | Faculty | $146,115 |
| Nadeena Power | CFO | $138,774 |
| Stacy Bartlett | Chief of Staff | $125,440 |
Compensation data as of: 6/30/2022
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 2/13/2023. To update the information below, please email: [email protected]
History
Point University was founded as Atlanta Christian College in 1937 by Judge T. O. Hathcock (1879-1966), who served on the bench in Fulton County, Georgia, from 1914 until 1942. Point University's main campus is located in West Point, GA, while its historic campus was located in East Point, Ga., a suburb of Atlanta. The campus was a part of a 300-acre farm inherited by Mrs. Hathcock. With a barn, livestock and cultivated fields, the campus in its earliest days had a distinctly rural flavor.
Following its founding, Point University devoted attention primarily to the education of ministers, missionaries and other church-related workers. In 1965, the college became an accredited member of the American Association of Bible Colleges (AABC). In 1990, in conjunction with a broadening of the curriculum, the college was accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award the associate and baccalaureate degrees. The early childhood and middle grades education program have earned accreditation by the National Council on Accreditation of Teacher Education (NCATE) and the Professional Standards Commission (PSC) of the State of Georgia.
In February 2011, the board of trustees announced that the college's name would change to Point University on July 1. In fall 2012, the traditional, residential campus relocated to West Point, GA, and the growing Greater Valley area.
The University's curriculum currently offers majors in areas of study ranging from biblical studies to biology. Degree programs are offered for traditional college students, high school students pursuing dual credit enrollment, working adults and graduate level students. Its main campus is located in West Point, Ga., with various site locations as well as online.