Azusa Pacific University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 6/23/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Located in SoCal, east of Los Angeles, Azusa Pacific University is an evangelical, Christian university committed to God First and excellence in higher education. The university offers bachelor's, master's, and doctoral degrees.


Contact information

Mailing address:
Azusa Pacific University
901 E. Alosta Ave.
Azusa, CA 91702

Website: apu.edu

Phone: 626-969-3434

Email: admissions@apu.edu


Organization details

EIN: 951744369

CEO/President: Dr. Paul R. Ferguson

Chairman: Tom Miller

Board size: 18

Founder: Mary Hill

Year founded: 1946

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1984


Purpose

Azusa Pacific University is an evangelical Christian community of disciples and scholars who seek to advance the work of God in the world through academic excellence in liberal arts and professional programs of higher education that encourage students to develop a Christian perspective of truth and life.


Mission statement

Today at Azusa Pacific University, we work together as a team of difference makers to advance the work of God in the world through scholarship, teaching, and building disciples across all levels and delivery systems of collegiate education.


Statement of faith

As an educational institution with a Wesleyan tradition at its core, it seems natural to us to embrace a statement of faith that is common among many Christian traditions. APU's Statement of Faith first appeared in 1900, introduced by Philena B. Hadley and Mary Hill as "History and Spirit." It was revisited and clarified in 1956, under President C.P. Haggard. To provide application to these guiding beliefs, "Daily Living Expectations" were added to offer a deeper understanding of the character of the faculty, staff, and administration at APU.

We believe the Bible to be the inspired, the only infallible, authoritative word of God.

We believe that there is one God, creator of heaven and earth, 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, and in His ascension to the right hand of the Father, and in His personal return to power and glory.

We believe in the fall and consequent total moral depravity of humanity, resulting in our exceeding sinfulness and lost estate, and necessitating our regeneration by the Holy Spirit.

We believe in the present and continuing ministry of sanctification by the Holy Spirit by whose infilling the believing Christian is cleansed and empowered for a life of holiness and service.

We believe in the resurrection of both the saved and the lost; those who are saved to the resurrection of life and those who are lost to the resurrection of damnation.

We believe in the spiritual unity of believers in our Lord Jesus Christ.

Daily Living Expectations - The following are fundamentals held to be essential, and the university expects faculty and staff not only to believe in them, but to practice them in daily living: a caring, effective love both of God and humanity, a Christ-like unity and acceptance between believers, a lifestyle dedicated to God's will in society, a growing, victorious state of mind because of the indwelling Christ, a daily affirmation of Christ as Lord, a willingness to serve the Lord, even when it means sacrifice, a desire to be sensitive to the personal work of the Holy Spirit, a working faith in God's promises for all needs and daily life situations, a witness for Christ without hypocrisy, and a firm, committed desire to be God's person.

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating312 of 91332 of 111
Fund acquisition rating586 of 91574 of 111
Resource allocation rating391 of 91547 of 111
Asset utilization rating199 of 91313 of 111

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%28%34%26%40%30%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%1%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%4%4%5%3%4%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%1%1%1%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
87%96%96%95%97%96%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%86%87%86%86%84%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%102%98%105%101%97%
Program output ratio Program output ratio =
Program services /
Total revenue
81%88%85%90%86%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-2%2%-5%-1%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-4%4%-9%-1%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%13%12%13%13%15%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.860.900.960.880.85
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.732.743.373.423.283.72
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.622.373.053.272.883.16
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.084.134.333.484.474.11
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.240.230.290.220.24
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.953.833.032.613.232.87
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%55%52%53%52%55%
Debt ratio Debt ratio =
Debt /
Total assets
16%34%36%37%37%39%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
139%53%53%49%54%53%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$21,640,783$19,089,621$4,490,514$19,826,823$27,267,314
Receivables, inventories, prepaids$22,933,133$19,706,929$19,751,258$18,436,443$18,898,627
Short-term investments$83,817,445$66,503,336$78,487,515$72,431,682$50,514,176
Other current assets$0$0$0$0$0
Total current assets$128,391,361$105,299,886$102,729,287$110,694,948$96,680,117
Long-term investments$24,631,629$41,520,796$33,358,960$34,684,885$41,246,890
Fixed assets$194,633,401$202,787,995$208,797,963$211,220,035$215,233,545
Other long-term assets$4,502,271$5,200,166$6,513,955$6,185,036$6,276,149
Total long-term assets$223,767,301$249,508,957$248,670,878$252,089,956$262,756,584
Total assets$352,158,662$354,808,843$351,400,165$362,784,904$359,436,701
 
Liabilities20202019201820172016
Payables and accrued expenses$17,522,692$16,747,653$24,056,708$19,113,548$18,387,583
Other current liabilities$13,582,701$7,582,608$5,463,990$5,636,668$5,111,676
Total current liabilities$31,105,393$24,330,261$29,520,698$24,750,216$23,499,259
Debt$119,120,766$127,408,079$131,139,301$134,937,232$139,192,443
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$41,946,616$32,657,350$25,870,798$30,084,181$35,565,339
Total long-term liabilities$161,067,382$160,065,429$157,010,099$165,021,413$174,757,782
Total liabilities$192,172,775$184,395,690$186,530,797$189,771,629$198,257,041
 
Net assets20202019201820172016
Without donor restrictions$89,770,969$95,362,118$90,833,618$106,749,442$102,601,254
With donor restrictions$70,214,918$75,051,035$74,035,750$66,263,833$58,578,406
Net assets$159,985,887$170,413,153$164,869,368$173,013,275$161,179,660
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$13,293,298$11,632,471$14,895,905$9,513,034$12,347,554
Program service revenue$284,612,121$299,216,567$293,290,587$290,510,093$282,756,090
Membership dues$0$0$0$5,499$5,499
Investment income($3,395,043)$9,080,604$3,996,423$7,527,227$9,225,961
Other revenue$3,567,215$7,716,486$8,512,561$8,739,684$10,833,794
Total other revenue$284,784,293$316,013,657$305,799,571$306,782,503$302,821,344
Total revenue$298,077,591$327,646,128$320,695,476$316,295,537$315,168,898
 
Expenses20202019201820172016
Program services$262,096,939$277,957,076$289,729,619$273,147,745$257,226,361
Management and general$38,751,998$39,085,297$42,412,516$41,893,599$44,526,717
Fundraising$3,738,695$3,959,131$3,874,951$3,842,777$3,699,401
Total expenses$304,587,632$321,001,504$336,017,086$318,884,121$305,452,479
 
Change in net assets20202019201820172016
Surplus (deficit)($6,510,041)$6,644,624($15,321,610)($2,588,584)$9,716,419
Other changes in net assets$0$0$0$0$0
Total change in net assets($6,510,041)$6,644,624($15,321,610)($2,588,584)$9,716,419

Compensation

NameTitleCompensation
Jon R WallaceFormer President & Trustee$936,726
Dr David BixbyExec VP Advancement$389,733
Dr Mark StantonProvost (Part year)$349,051
Dr Paul FergusonPresident & Trustee$331,155
Mark S DickersonCounsel to the President (Part Year)$229,926
Dr John ThorntonChair - School of Accounting$221,873
Corbin HoornbeekVP Advancement$214,109
Robert RollerFormer Key Employee$210,728
Dr Anita Fitzgerald HenckDean - School of Education$208,895
John C JenningsVP-University Integrity & General Counsel$208,644
Heather PetridisVP For Enrollment Management$206,261
Dr Robert K WelshDean of BAS$203,403
Dr David WeeksDean- Honors College$201,145
Dr Aja LeshDean- School Of Nursing$194,380
Donald DavisVice President/CIO$186,737
David PeckVP University Relations$186,433
Dr Stephen P JohnsonDean - College of Music & Arts$183,061
Dr Robert DukeDean - APU Seminary$182,943
Dr Todd EmersonMedical Director$179,852
Vicky BowdenVice Provost$176,345
Ross AllenVP for Finance & Business/CFO (Part Year)$167,446
Shino SimmonsVP of Student Affairs$162,950
Alanna CajthamlCFO-VP Of Finance & Business Strategy$89,630
Larry AcostaTrustee$24,545

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 6/23/2021. To update the information below, please email: info@ministrywatch.com


History

Azusa Pacific University, one of the largest Christian universities in the nation today, began on March 3, 1899, when a group of women and men passionate about creating a place for Christian education gathered to form the Training School for Christian Workers. It became the first Bible college on the West Coast geared toward preparing men and women for ministry and service. Meeting in a modest home in Whittier, California, and led by President Mary A. Hill, the school grew to an enrollment of 12 in its first term.

The early years of growth saw the school relocate and change leadership several times. Then, following mergers with three Southern California colleges, the university relocated in 1946 to the city of Azusa, where it resides today. The mergers and early growth of the university brought great strides, as well as great challenges, and yet the focus on the school's core vision never wavered.

In 1939, Cornelius P. Haggard, Th.D., became the school's 13th president. Among his many accomplishments, Haggard launched a variety of innovative fundraising efforts, including the annual Dinner Rally that continues today. He traveled the U.S. to raise resources for the school, trusting God would provide to meet the university's needs. Haggard served for the next 36 years, achieving many significant milestones along the way.

After Haggard's death, Paul E. Sago, Ph.D., became president, serving until 1989. Among his many accomplishments, Sago encouraged the development and growth of off-site educational regional campuses throughout Southern California, and presided over the addition of master's degree programs and the development of schools within the university.

Richard E. Felix, Ph.D., became president in 1990. Felix played an instrumental role in initiating the university's first doctoral programs. He also reframed the university's values as Four Cornerstones-Christ, Scholarship, Community, and Service-and oversaw the construction of seven new buildings, a doubling of student enrollment, and the quadrupling of graduate programs.

In 2000, Jon R. Wallace, DBA, an Azusa Pacific alumnus, assumed the role of president. Wallace served the university for a total of 43 years, including 19 as president. Known for his passion, energy, and connection with the campus community, he led the university through a period of growth, focusing on providing meaningful, transformational scholarship. Under his leadership, the university expanded its graduate program offerings; added new study away opportunities, including the South Africa campus; and completed several new buildings, including the $54 million Segerstrom Science Center. APU welcomed its 17th president, Paul W. Ferguson, Ph.D., DABT, in June 2019. He brings more than 30 years of experience in higher education as a professor in the field of toxicology/public health and as a university administrator, including serving as president of Ball State University and president of the University of Maine. Building on the university's legacy and looking toward the future, Ferguson initiated a strategic planning process to successfully guide the APU in the next 5 to 10 years, anchoring on the university's mission of cultivating a vibrant culture of God First, Christ-centered academic excellence. oday, APU offers 68 bachelor's degrees, 48 master's degrees, 18 certificates, 10 credentials, and 9 doctoral programs at the university's main campus in Azusa, seven regional locations, and online. The university holds accreditation from the WASC Senior College and University Commission as well as 14 other specialized accreditations.

The university's award-winning intercollegiate athletics program consists of 19 teams. Before becoming a member of the National Collegiate Athletic Association (NCAA) Division II in fall 2012, Cougar Athletics won an unprecedented eight consecutive National Association of Intercollegiate Athletics (NAIA) Directors' Cup awards. APU also belongs to the Pacific West Conference in all sports except for football, which belongs to the Great Northwest Athletic Conference (GNAC); women's water polo, which belongs to the Golden Coast Conference (GCC); women's swimming and diving, which belongs to the Pacific Collegiate Swim and Dive Conference (PCSC); and women's acrobatics and tumbling, which belongs to the National Collegiate Acrobatics & Tumbling Association (NCATA).

Through all this, Azusa Pacific continues advancing its core mission, preparing and graduating students who go on to make a difference in the lives of others.


Program accomplishments


Needs