Southern Nazarene University

Summary

Founded in 1899, Southern Nazarene University is a private, Christian, liberal arts university-a service of the Church of the Nazarene. Located on a 44-acre campus just west of Oklahoma City, SNU grew out of several small colleges committed to training people for service to God and to one another.


Contact information

Mailing address:
Southern Nazarene University
6729 NW 39th Expressway
Bethany, OK 73008

Website: snu.edu

Phone: 405-789-6400

Email: admissions@snu.edu


Organization details

EIN: 730587210

CEO/President: Dr. J Keith Newman

Chairman:

Board size: 0

Founder:

Year founded: 1959

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

We are a sent people, responding to the call of Christ and empowered by the Holy Spirit to go into all the world, witnessing to the Lordship of Christ and participating with God in the building of the Church and the extension of His kingdom. Our mission begins in worship, ministers to the world in evangelism and compassion, encourages believers toward Christian maturity through discipleship and prepares women and men for Christian service through Christian higher education.


Mission statement

Southern Nazarene University's Mission is "To make Christlike disciples through higher education in Christ-centered community."


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 rating524 of 61876 of 85
Fund acquisition rating277 of 61832 of 85
Resource allocation rating525 of 61881 of 85
Asset utilization rating537 of 61865 of 85

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%18%20%17%17%13%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%1%1%1%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%8%7%7%12%15%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%1%1%1%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%92%93%93%88%85%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%73%69%70%44%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%100%101%102%97%93%
Program output ratio Program output ratio =
Program services /
Total revenue
80%73%70%71%42%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%0%-1%-2%3%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%0%-2%-2%3%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%25%29%29%54%17%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.990.540.520.620.420.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.814.044.013.393.192.99
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.182.172.082.121.341.41
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.664.032.932.822.384.97
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.250.340.350.420.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.714.163.813.665.206.81
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
11%52%52%43%41%37%
Debt ratio Debt ratio =
Debt /
Total assets
0%36%36%25%21%23%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
79%89%93%91%140%133%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$4,295,167$2,259,445$2,176,202$4,076,509$4,929,518
Receivables, inventories, prepaids$4,344,239$5,408,959$6,904,193$5,868,724$3,499,295
Short-term investments$19,842,128$20,689,622$19,839,650$20,230,034$20,565,384
Other current assets$0$0$0$0$0
Total current assets$28,481,534$28,358,026$28,920,045$30,175,267$28,994,197
Long-term investments$2,129,340$2,016,410$1,845,225$0$0
Fixed assets$84,079,126$82,754,356$66,892,729$62,692,237$53,641,312
Other long-term assets$458,605$515,001$444,029$3,476,558$4,096,560
Total long-term assets$86,667,071$85,285,767$69,181,983$66,168,795$57,737,872
Total assets$115,148,605$113,643,793$98,102,028$96,344,062$86,732,069
 
Liabilities20182017201620152014
Payables and accrued expenses$3,180,980$3,404,841$1,565,637$3,651,243$3,102,522
Other current liabilities$3,886,324$6,277,749$8,682,810$9,012,479$2,730,897
Total current liabilities$7,067,304$9,682,590$10,248,447$12,663,722$5,833,419
Debt$41,134,864$41,447,959$24,797,725$20,109,925$19,575,096
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$11,949,037$7,771,778$7,571,199$6,835,121$6,831,865
Total long-term liabilities$53,083,901$49,219,737$32,368,924$26,945,046$26,406,961
Total liabilities$60,151,205$58,902,327$42,617,371$39,608,768$32,240,380
 
Net assets20182017201620152014
Unrestricted$36,132,345$37,068,581$38,757,506$39,020,969$30,755,178
Temporarily restricted$10,282,778$9,090,001$7,815,331$8,866,423$14,924,822
Permanently restricted$8,582,277$8,582,884$8,911,820$8,847,902$8,811,689
Net assets$54,997,400$54,741,466$55,484,657$56,735,294$54,491,689
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$4,693,221$4,250,295$4,428,581$5,200,635$6,412,851
Program service revenue$52,898,303$47,468,596$50,665,346$26,121,929$26,794,281
Membership dues$0$0$0$0$0
Investment income$1,806,419$2,415,362$807,892$748,543$1,780,426
Other revenue$2,664,331$3,898,411$4,034,151$9,749,041$9,053,443
Total other revenue$57,369,053$53,782,369$55,507,389$36,619,513$37,628,150
Total revenue$62,062,274$58,032,664$59,935,970$41,820,148$44,041,001
 
Expenses20182017201620152014
Program services$45,237,191$40,821,705$42,654,512$17,723,040$33,179,379
Management and general$15,753,004$17,200,320$17,843,281$21,786,457$6,785,125
Fundraising$825,949$847,798$758,154$882,324$855,416
Total expenses$61,816,144$58,869,823$61,255,947$40,391,821$40,819,920
 
Change in net assets20182017201620152014
Surplus (deficit)$246,130($837,159)($1,319,977)$1,428,327$3,221,081
Other changes in net assets$0$0$0$0$0
Total change in net assets$246,130($837,159)($1,319,977)$1,428,327$3,221,081

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


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