Nyack College

The information on this page was last updated 5/13/2022. If you see errors or omissions, please email: [email protected]


Nyack is a Christian college and seminary in Nyack, NY.

Contact information

Mailing address:
Nyack College
2 Washington St
New York, NY 10004

Website: nyack.edu

Phone: 212-625-0500

Email: [email protected]

Organization details

EIN: 131740285

CEO/President: Rajan S. Matthews

Chairman: Rev. Scott G. Slocum

Board size: 22

Founder: A.B. Simpson

Ruling year: 1958

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Nyack seeks to exalt Jesus Christ and fulfill its mission by being: Academically Excellent, Globally Engaged, Intentionally Diverse, Personally Transforming, and Socially Relevant.

Mission statement

Nyack College, a Christian and Missionary Alliance educational institution, through its undergraduate, graduate and seminary programs, pursues its historic mission of preparing men and women to "take the whole Gospel to the whole world."

Statement of faith

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating78 of 10222 of 118
Fund acquisition rating175 of 102522 of 118
Resource allocation rating129 of 10252 of 118
Asset utilization rating292 of 102221 of 118

This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.

Financial ratios

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Balance sheet
Receivables, inventories, prepaids$8,659,540$7,843,173$7,733,438$7,893,477$8,028,614
Short-term investments$2,455,572$2,347,425$2,237,044$5,077,608$10,137,957
Other current assets$0$0$0$0$0
Total current assets$13,585,243$17,017,444$14,033,715$14,902,256$22,799,597
Long-term investments$0$0$0$0$0
Fixed assets$63,465,153$64,498,547$67,527,479$70,686,828$72,296,050
Other long-term assets$2,599,110$2,584,185$2,645,974$2,517,042$2,392,701
Total long-term assets$66,064,263$67,082,732$70,173,453$73,203,870$74,688,751
Total assets$79,649,506$84,100,176$84,207,168$88,106,126$97,488,348
Payables and accrued expenses$2,236,530$2,646,185$3,702,229$4,918,401$3,671,094
Other current liabilities$1,356,119$1,896,648$1,797,613$1,905,471$1,755,927
Total current liabilities$3,592,649$4,542,833$5,499,842$6,823,872$5,427,021
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$4,541,445$1,989,109$6,313,637$8,031,244$5,257,384
Total long-term liabilities$95,165,555$86,665,364$75,836,747$72,303,593$76,662,709
Total liabilities$98,758,204$91,208,197$81,336,589$79,127,465$82,089,730
Net assets20202019201820172016
Without donor restrictions($33,239,331)($21,168,447)($10,993,137)($4,678,587)$2,767,289
With donor restrictions$14,130,633$14,060,426$13,863,716$13,657,248$12,631,329
Net assets($19,108,698)($7,108,021)$2,870,579$8,978,661$15,398,618
Revenues and expenses
Total contributions$4,211,607$3,126,612$3,763,329$2,833,180$3,352,357
Program service revenue$35,077,054$44,788,649$47,626,829$47,948,606$49,766,201
Membership dues$0$0$0$0$0
Investment income$296,510$437,865$856,847$1,543,538$582,059
Other revenue$406,471$372,859$258,988$622,620$311,008
Total other revenue$35,780,035$45,599,373$48,742,664$50,114,764$50,659,268
Total revenue$39,991,642$48,725,985$52,505,993$52,947,944$54,011,625
Program services$47,263,489$53,335,339$53,177,779$53,380,741$56,295,456
Management and general$4,850,553$5,404,313$5,091,937$5,575,052$5,890,240
Total expenses$52,205,081$58,825,470$58,343,947$59,049,994$62,326,564
Change in net assets20202019201820172016
Surplus (deficit)($12,213,439)($10,099,485)($5,837,954)($6,102,050)($8,314,939)
Other changes in net assets$0$0$0$0$0
Total change in net assets($12,213,439)($10,099,485)($5,837,954)($6,102,050)($8,314,939)


Dr Michael G ScalesPresident$285,057
David C JenningsExec Vp/Treas.$191,193
David F TurkProvost & VP$174,170
Kenneth E BaldesTrustee$139,180
Jonathan A GatesEnglish Professor$139,032
Cornelius F SpitzerCFO$138,022
Anita L UnderwoodDean Bus & Leadrsh$128,696
Jeffrey T QuinnVP College Relatns$117,393
Dr Gary D FriesenTrustee$113,220
Dr Duane A WheelandVice Chairman$89,515
Rev Kelvin WalkerTrustee$79,139
Rev Thomas R FlandersTrustee$69,953
Rev Han Young BaekTrustee$55,122

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 5/13/2022. To update the information below, please email: [email protected]


Over one hundred and thirty years ago, God ignited an overwhelming love for people of every race and tongue in the heart of a Canadian named A.B. Simpson. In those days, Simpson was pastor of a large and affluent church in Manhattan. In response to what God was doing in his own life, Simpson urged his congregants to reach out to the immigrants who were pouring into the city. He even went so far as to bring the poor and the downtrodden into his church. When he began to do this, many in the church were less than pleased.

So in a Sunday morning sermon in 1882, Simpson declared, "I am not interested in being a respectable Christian." He left the church and began a new venture in which his burning desire to serve all people could be satisfied. He left his church to start a school in which people would be trained to take the Good News of God's love wherever this news needed to be heard.

That school today is known as Nyack College.

Since its inception on the back of a Broadway stage in 1882, Nyack College has grown to become an institution of over 2,500 students pursuing a wide variety of graduate and undergraduate degrees on multiple campuses. At the heart of it all, is a burning commitment to bring the good news of God's love wherever this news needed to be heard.

A.B. Simpson described this commitment as taking "the whole gospel" to "the whole world." Today, as Nyack College serves students who represent "the whole world," the result is a diverse and vibrant community unlike any other in higher education.

Program accomplishments