University of Mary Hardin-Baylor

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/10/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Chartered by the Republic of Texas, UMHB was established to provide the finest in Christian higher education. And for 175 years, our focus on that mission has never wavered.


Contact information

Mailing address:
University of Mary Hardin-Baylor
900 College St #8003
Belton, TX 76513-2578

Website: go.umhb.edu

Phone: 254-295-4698

Email: jbpalmer@umhb.edu


Organization details

EIN: 741161940

CEO/President: Linda Livingstone

Chairman:

Board size: 37

Founder: Robert Emmett Bledsoe Baylor

Year founded: 1964

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

UMHB will be the university of choice for Christian higher education in the Southwest.


Mission statement

The University of Mary Hardin-Baylor prepares students for leadership, service, and faith-informed discernment in a global society. Academic excellence, personal attention, broad-based scholarship and a commitment to a Baptist vision for education distinguish our Christ-centered learning community.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating462 of 81762 of 100
Fund acquisition rating431 of 81753 of 100
Resource allocation rating144 of 8179 of 100
Asset utilization rating751 of 81798 of 100

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
19%20%26%22%47%40%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%2%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
10%8%7%8%5%6%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%2%3%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
90%92%93%92%95%94%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%92%92%92%91%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%89%90%89%90%88%
Program output ratio Program output ratio =
Program services /
Total revenue
82%82%82%81%82%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%11%10%11%10%12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%5%5%6%5%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%6%6%6%6%8%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.330.320.330.330.30
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.8811.7713.0222.7516.4711.14
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.693.894.167.485.393.33
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
5.862.202.131.061.661.69
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.170.450.470.940.600.59
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.801.691.530.090.881.47
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%24%26%26%28%31%
Debt ratio Debt ratio =
Debt /
Total assets
17%16%18%17%20%21%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
142%229%232%224%219%232%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$24,768,758$19,868,358$7,449,050$12,187,272$18,021,868
Receivables, inventories, prepaids$5,059,151$6,642,587$6,857,587$6,548,462$10,389,652
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$29,827,909$26,510,945$14,306,637$18,735,734$28,411,520
Long-term investments$120,687,223$121,723,672$123,092,446$110,041,722$112,024,588
Fixed assets$198,370,176$196,182,455$187,251,555$178,647,830$174,670,275
Other long-term assets$2,307,314$679,027$826,464$1,115,013$1,297,853
Total long-term assets$321,364,713$318,585,154$311,170,465$289,804,565$287,992,716
Total assets$351,192,622$345,096,099$325,477,102$308,540,299$316,404,236
 
Liabilities20192018201720162015
Payables and accrued expenses$11,371,504$10,555,414$11,206,157$9,351,292$14,326,672
Other current liabilities$2,169,131$1,901,607$2,294,504$1,949,117$2,499,794
Total current liabilities$13,540,635$12,457,021$13,500,661$11,300,409$16,826,466
Debt$55,901,731$61,176,353$56,269,987$60,912,731$65,119,578
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$16,275,184$15,724,270$15,443,009$14,526,839$14,898,933
Total long-term liabilities$72,176,915$76,900,623$71,712,996$75,439,570$80,018,511
Total liabilities$85,717,550$89,357,644$85,213,657$86,739,979$96,844,977
 
Net assets20192018201720162015
Unrestricted$173,065,630$160,151,462$145,058,408$139,652,971$129,295,037
Temporarily restricted$33,404,194$43,828,462$44,786,125$33,066,852$42,883,700
Permanently restricted$59,005,248$51,758,531$50,418,912$49,080,497$47,380,522
Net assets$265,475,072$255,738,455$240,263,445$221,800,320$219,559,259
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$10,439,543$8,710,759$10,240,633$5,666,139$6,372,304
Program service revenue$114,627,491$108,675,881$105,232,484$102,460,442$96,482,340
Membership dues$0$0$0$0$0
Investment income$5,493,569$5,400,010$5,076,840$4,343,258$4,763,597
Other revenue$6,042$2,795$5,530$5,615$5,547
Total other revenue$120,127,102$114,078,686$110,314,854$106,809,315$101,251,484
Total revenue$130,566,645$122,789,445$120,555,487$112,475,454$107,623,788
 
Expenses20192018201720162015
Program services$107,099,711$101,287,278$98,212,876$92,399,029$84,397,709
Management and general$6,827,213$6,789,349$6,578,550$6,024,575$7,702,588
Fundraising$2,059,054$2,283,204$2,285,980$2,653,821$2,521,274
Total expenses$115,985,978$110,359,831$107,077,406$101,077,425$94,621,571
 
Change in net assets20192018201720162015
Surplus (deficit)$14,580,667$12,429,614$13,478,081$11,398,029$13,002,217
Other changes in net assets$0$0$0$0$0
Total change in net assets$14,580,667$12,429,614$13,478,081$11,398,029$13,002,217

Compensation

NameTitleCompensation
Randal O'RearPresident$642,258
Steve TheodoreCOO & Sr VP For Admin$359,622
John VassarProvost & Sr VP For Academ$292,639
Jennifer RammVP For Business & Finance$255,286
Colin WilbornDean - Executive Dean, Mayborn College of Health S$233,750
Cliff FosterDean - School of Exercise$231,302
Susan OwensVP of Human Resources$226,965
Daniel MynattVice Provost For Instituti$212,300
Kenneth SmithDean - McLane College of Business$205,353

Compensation data as of: 5/31/2019


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 2/10/2021. To update the information below, please email: info@ministrywatch.com


History

The University of Mary Hardin-Baylor traces its distinguished history to the days when Texas had yet to gain statehood and when Baptist missionary work was just beginning in the frontier Republic. As early as 1839, representatives of churches in Washington County issued an appeal to the Home Mission Board of New York to inaugurate a missionary movement in Texas. Missionaries Rev. James Huckins and Rev. William M. Tryon were sent, and soon after, Judge R.E.B. Baylor came to Texas as a teacher, lawyer, soldier and preacher. Tryon and Baylor were appointed to prepare a charter to establish a Baptist university. On February 1, 1845, a charter was granted by the 9th Congress of the Republic of Texas, approved by President Anson Jones at Washington-on-the-Brazos, and the long awaited Baptist university became a reality. The school initially included a Preparatory Division in addition to co-educational classes for college students. In 1851, under the same charter, a Female Department and a Male Department were created, ending co-education. In 1866, the Female Department obtained a separate charter and its own board of trustees. In 1886, due to changing transportation and economics in the area, it was deemed necessary to move both schools. The Male Department consolidated with Waco University in Waco, Texas, retaining the name Baylor University. The Female Department (Baylor Female College since the 1866 separation) moved to Belton, Texas. Since the move to Belton, the school has undergone several name changes including: 1925, Baylor College for Women; 1934, Mary Hardin-Baylor College (named in honor of a benefactor); and 1978, University of Mary Hardin-Baylor. In 1971, the oldest college for women west of the Mississippi became co-educational. UMHB's illustrious history includes such notable milestones as starting the first work-study program for women in a college west of the Mississippi (1893); serving as the campus model for the Baptist Student Union (1920); establishing the first school of journalism in a college for women in America and being the second institution in Texas to offer the degree of Bachelor of Journalism (1921); and being recognized as the first Texas Baptist college accepted into full membership in the Southern Association of Colleges and Schools (1926). Since these auspicious "firsts," UMHB has continued to make history as a leader in the fields of education, business, nursing, and church leadership; in athletics through conference and national play; and in other important areas of campus life. Today, UMHB enjoys a robust student enrollment of around 4,000 students and employs more than 400 full-time faculty and staff committed to Christian higher education.


Program accomplishments


Needs