Colorado Christian University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 6/29/2021. To update the information in this column, please email: info@ministrywatch.com


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: ccuadmissions@ccu.edu


Organization details

EIN: 840442429

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

Chairman: Tim McTavish

Board size: 23

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

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating515 of 94060 of 112
Fund acquisition rating477 of 94255 of 112
Resource allocation rating593 of 94270 of 112
Asset utilization rating413 of 94044 of 112

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%15%18%23%19%28%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%1%1%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%10%8%6%9%8%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
87%90%92%94%91%92%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%82%81%81%82%78%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%89%91%87%93%
Program output ratio Program output ratio =
Program services /
Total revenue
81%80%72%73%71%73%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%11%9%13%7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%2%11%9%14%7%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%16%18%17%17%19%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.570.570.630.610.60
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.742.733.062.932.892.36
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.641.561.741.851.771.42
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.075.216.663.785.315.34
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.190.150.260.190.19
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.866.225.854.775.506.87
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%36%33%31%33%36%
Debt ratio Debt ratio =
Debt /
Total assets
16%28%26%21%24%27%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
140%113%117%109%110%106%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$40,431,763$33,609,209$28,238,461$29,269,760$37,236,500
Receivables, inventories, prepaids$11,679,987$7,377,371$8,706,318$13,346,412$11,340,892
Short-term investments$22,451,247$21,883,683$19,236,783$10,381,237$10,287,293
Other current assets$0$0$0$0$0
Total current assets$74,562,997$62,870,263$56,181,562$52,997,409$58,864,685
Long-term investments$4,545,747$5,396,376$8,579,182$6,886,718$7,223,844
Fixed assets$120,847,616$117,719,185$92,136,718$90,393,277$68,430,818
Other long-term assets$3,568,117$6,086,177$7,613,552$2,955,159$4,443,817
Total long-term assets$128,961,480$129,201,738$108,329,452$100,235,154$80,098,479
Total assets$203,524,477$192,072,001$164,511,014$153,232,563$138,963,164
 
Liabilities20202019201820172016
Payables and accrued expenses$4,554,708$4,547,997$5,410,566$3,488,412$3,673,034
Other current liabilities$9,755,756$4,898,107$9,469,050$6,490,149$7,350,416
Total current liabilities$14,310,464$9,446,104$14,879,616$9,978,561$11,023,450
Debt$57,345,923$49,569,526$34,891,963$36,933,715$37,632,694
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$910,549$5,005,337$1,229,617$3,580,807$2,023,936
Total long-term liabilities$58,256,472$54,574,863$36,121,580$40,514,522$39,656,630
Total liabilities$72,566,936$64,020,967$51,001,196$50,493,083$50,680,080
 
Net assets20202019201820172016
Without donor restrictions$109,460,413$111,717,993$101,525,704$94,037,306$81,990,638
With donor restrictions$21,497,128$16,333,041$11,984,114$8,702,174$6,292,446
Net assets$130,957,541$128,051,034$113,509,818$102,739,480$88,283,084
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$12,411,216$9,594,786$7,261,227$9,546,133$7,355,329
Program service revenue$102,153,172$106,112,765$105,833,885$98,916,122$82,614,766
Membership dues$0$0$0$0$0
Investment income$4,173,671$7,755,737$1,388,542($199,997)$107,446
Other revenue$98,515$62,174$66,531$84,817$84,650
Total other revenue$106,425,358$113,930,676$107,288,958$98,800,942$82,806,862
Total revenue$118,836,574$123,525,462$114,550,185$108,347,075$90,162,191
 
Expenses20202019201820172016
Program services$95,618,850$88,392,407$84,172,771$76,468,981$65,560,131
Management and general$18,714,547$19,378,566$18,038,261$15,547,974$15,988,614
Fundraising$1,838,994$1,741,663$1,668,372$1,808,860$2,047,899
Total expenses$116,172,391$109,512,636$103,879,404$93,825,815$83,596,644
 
Change in net assets20202019201820172016
Surplus (deficit)$2,664,183$14,012,826$10,670,781$14,521,260$6,565,547
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,664,183$14,012,826$10,670,781$14,521,260$6,565,547

Compensation

NameTitleCompensation
Donald SweetingPresident/CEO$323,636
Daniel CohrsEVP / CFO$250,343
Sarah ScherlingVP Academic Affairs-Cags$205,673
Shannon DreyfussVP Campus Development$202,429
James McCormickVP Student Life$187,710
Jeffrey HuntVP Centennial Institute$185,994
Kyle UsreyVP Academic Affairs - Cus$183,544
Thomas ScheffelCorporate Counsel / Secretary$14,622
Tim McTavishVice Chair$12,000

Compensation data as of: 6/30/2020


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 6/29/2021. To update the information below, please email: info@ministrywatch.com


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