Colorado Christian University

Summary

Colorado Christian University is the premier interdenominational Christian college in Colorado and the eight-state Rocky Mountain region, delivering world class education to thousands of students.


Contact information

Mailing address:
Colorado Christian University
8787 W Alameda Ave
Lakewood, CO 80226

Website: ccu.edu

Phone: 303-857-5782

Email:


Organization details

EIN: 840442429

CEO/President: Donald W. Sweeting, Ph.D.

Chairman: Gary E. Armstrong

Board size: 19

Founder: Clifton Fowler

Year founded: 1954

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1981


Purpose

Christ-centered community of learners and scholars committed to the integration of exemplary academics, spiritual formation, and engagement with the world.


Mission statement

We envision graduates who think critically and creatively, lead with high ethical and professional standards, embody the character and compassion of Jesus Christ, and who thereby are prepared to impact the world.


Statement of faith

Colorado Christian University unites with the broad, historic evangelical faith rather than affiliating with any specific denomination. In this commitment, the University embraces the following declarations of the National Association of Evangelicals: We Believe the Bible to be the inspired, the only infallible, authoritative Word of God. We Believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit. We Believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory. We Believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential. We Believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life. We Believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation. We Believe in the spiritual unity of believers in our Lord Jesus Christ. These declarations do not comprise all that individual Christians may consider important elements of faith; rather, they establish the essential framework within which members of the University both unite in shared beliefs and explore differences.

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 rating371 of 53515 of 20
Fund acquisition rating267 of 53510 of 20
Resource allocation rating296 of 53514 of 20
Asset utilization rating431 of 53510 of 20

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%23%19%28%6%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%1%2%2%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%6%9%8%22%8%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%94%91%92%78%92%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%81%82%78%82%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%91%87%93%81%87%
Program output ratio Program output ratio =
Program services /
Total revenue
80%73%71%73%66%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%9%13%7%19%13%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%9%14%7%21%15%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%17%17%19%17%15%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.170.630.610.600.570.73
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.572.932.892.362.422.95
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.231.851.771.421.392.16
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.323.785.315.346.204.03
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.260.190.190.160.25
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.614.775.506.877.234.18
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%31%33%36%36%27%
Debt ratio Debt ratio =
Debt /
Total assets
0%21%24%27%26%11%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
71%109%110%106%111%100%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$28,238,461$29,269,760$37,236,500$36,175,249$13,545,920
Receivables, inventories, prepaids$8,706,318$13,346,412$11,340,892$6,573,025$5,906,436
Short-term investments$19,236,783$10,381,237$10,287,293$9,931,435$10,240,018
Other current assets$0$0$0$0$0
Total current assets$56,181,562$52,997,409$58,864,685$52,679,709$29,692,374
Long-term investments$8,579,182$6,886,718$7,223,844$8,411,916$8,696,802
Fixed assets$92,136,718$90,393,277$68,430,818$64,235,584$42,511,949
Other long-term assets$7,613,552$2,955,159$4,443,817$2,286,454$6,558,660
Total long-term assets$108,329,452$100,235,154$80,098,479$74,933,954$57,767,411
Total assets$164,511,014$153,232,563$138,963,164$127,613,663$87,459,785
 
Liabilities20182017201620152014
Payables and accrued expenses$5,410,566$3,488,412$3,673,034$4,940,790$3,322,240
Other current liabilities$9,469,050$6,490,149$7,350,416$3,556,619$4,053,451
Total current liabilities$14,879,616$9,978,561$11,023,450$8,497,409$7,375,691
Debt$34,891,963$36,933,715$37,632,694$32,932,633$9,565,005
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,229,617$3,580,807$2,023,936$4,527,605$6,238,693
Total long-term liabilities$36,121,580$40,514,522$39,656,630$37,460,238$15,803,698
Total liabilities$51,001,196$50,493,083$50,680,080$45,957,647$23,179,389
 
Net assets20182017201620152014
Unrestricted$101,525,704$94,037,306$81,990,638$76,224,279$61,985,931
Temporarily restricted$11,984,114$8,702,174$6,292,446$5,431,737$2,294,465
Permanently restricted$0$0$0$0$0
Net assets$113,509,818$102,739,480$88,283,084$81,656,016$64,280,396
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$7,261,227$9,546,133$7,355,329$19,911,663$5,876,313
Program service revenue$105,833,885$98,916,122$82,614,766$71,233,400$64,128,956
Membership dues$0$0$0$0$0
Investment income$1,388,542($199,997)$107,446$252,328$3,550,640
Other revenue$66,531$84,817$84,650($516,058)($128,882)
Total other revenue$107,288,958$98,800,942$82,806,862$70,969,670$67,550,714
Total revenue$114,550,185$108,347,075$90,162,191$90,881,333$73,427,027
 
Expenses20182017201620152014
Program services$84,172,771$76,468,981$65,560,131$59,958,748$53,328,942
Management and general$18,038,261$15,547,974$15,988,614$12,275,027$9,629,092
Fundraising$1,668,372$1,808,860$2,047,899$1,133,632$1,092,793
Total expenses$103,879,404$93,825,815$83,596,644$73,367,407$64,050,827
 
Change in net assets20182017201620152014
Surplus (deficit)$10,670,781$14,521,260$6,565,547$17,513,926$9,376,200
Other changes in net assets$0$0$0$0$0
Total change in net assets$10,670,781$14,521,260$6,565,547$17,513,926$9,376,200

Response from ministry

No response has been provided by this ministry.


History

In 1914, Denver Bible Institute was founded on two principles - grace and truth. The first classes encompassed only two students and one teacher, but from those modest beginnings, Colorado Christian University was born. In 1945, Denver Bible Institute became Denver Bible College, a four-year college with three academic schools: the College of Liberal Arts, the Theological School, and the Bible Institute. Four years later, the school became Rockmont College - around the same time that Western Bible Institute was founded. It wasn't until the 1980s that drastic change occurred again. The two schools merged in 1985, forming Colorado Christian College. By 1989, however, the need for a flagship Christian institution in Colorado was evident: Colorado Baptist University joined Colorado Christian College to form the school we know today. Throughout our history, CCU has seen God's hand orchestrating each step in the journey and we look toward the future with great anticipation for where he will lead us as the journey continues. Today, there are more than 8,000 CCU undergraduate and graduate students spread throughout all 50 states and several countries - scholars dedicated to integrating high-level academics with timeless faith. More than 100 years later, students continue to learn in grace and truth. Through the years many things about Colorado Christian University have changed. The University now consists of two colleges, the College of Undergraduate Studies with a traditional residential program and the College of Adult and Graduate Studies, offering undergraduate programs and master's degrees for adult students. Thousands of students have come and gone, the campus facilities have seen countless improvements, new programs have been launched to train the next generation of Christian leaders, students have gone on mission trips to countries that didn't exist when we were founded, and the University has been blessed by growing enrollments. Even now CCU continues to grow and change with a firm foundation that rests on the grace and truth of Christ.


Program accomplishments


Needs