Alliance University, formerly Nyack College

The information on this page was last updated 3/22/2023. If you see errors or omissions, please email: [email protected]


Alliance University, formerly known as Nyack College, is the nation's most ethnically diverse Christian school in the history of higher education. Located in the heart of New York City - the epicenter for culture and innovation - AU prepares students to take the whole Gospel to the whole world. With a focus on integrating spiritual transformation with academic excellence, AU equips students to serve their communities - personally transformed, globally engaged, and socially relevant.

Contact information

Mailing address:
Alliance University
2 Washington St.
New York, NY 10004


Phone: 212-625-0500

Email: [email protected]

Organization details

EIN: 131740285

CEO/President: Rajan S. Matthews

Chairman: Rev. Scott G. Slocum

Board size: 20

Founder: A.B. Simpson

Ruling year: 1958

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


For more than 140 years, our mission has remained steadfast. Intentional about offering a transformational experience, we prepare our students to be global citizens. Our institutional values are integral to fulfilling the mission of seeing our graduates go on to lead lives of purpose and service to others, continuing the legacy of our founder.

Be the university of first choice for all students seeking a transforming Christian education so that they become change agents for global transformation through the gospel of the Lord Jesus Christ.

Mission statement

Alliance University is committed to our STUDENTS as our first priority and will work to ensure they flourish under the wise hand of a loving God. Faculty and staff are our most important ACADEMIC resource. Through their professionalism and personal godly commitment and life, they will, as role models, teach our students to flourish. We will strive to be a community that lives out our VALUES. We will adopt and practice sound ECONOMIC and fiscal models of performance and operations.

Statement of faith

Alliance University is committed to our core values in our service to God and to others. Our core values are the guiding principles that lead to student success and transformation. This transformation leads to positive change for the student, those they will serve, and the world.

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating31 of 10963 of 130
Fund acquisition rating161 of 109820 of 130
Resource allocation rating73 of 10984 of 130
Asset utilization rating62 of 10965 of 130

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

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Balance sheet
Receivables, inventories, prepaids$7,019,027$9,013,836$8,659,540$7,843,173$7,733,438
Short-term investments$46,427$1,198,501$2,455,572$2,347,425$2,237,044
Other current assets$0$0$0$0$0
Total current assets$8,267,145$13,698,080$13,585,243$17,017,444$14,033,715
Long-term investments$0$0$0$0$0
Fixed assets$46,055,839$48,052,589$63,465,153$64,498,547$67,527,479
Other long-term assets$624,501$2,814,056$2,599,110$2,584,185$2,645,974
Total long-term assets$46,680,340$50,866,645$66,064,263$67,082,732$70,173,453
Total assets$54,947,485$64,564,725$79,649,506$84,100,176$84,207,168
Payables and accrued expenses$2,526,431$2,793,478$2,236,530$2,646,185$3,702,229
Other current liabilities$1,009,864$1,421,007$1,356,119$1,896,648$1,797,613
Total current liabilities$3,536,295$4,214,485$3,592,649$4,542,833$5,499,842
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$5,095,582$3,320,191$4,541,445$1,989,109$6,313,637
Total long-term liabilities$56,016,689$54,940,508$95,165,555$86,665,364$75,836,747
Total liabilities$59,552,984$59,154,993$98,758,204$91,208,197$81,336,589
Net assets20222021202020192018
Without donor restrictions($19,318,886)($9,445,631)($33,239,331)($21,168,447)($10,993,137)
With donor restrictions$14,713,387$14,855,363$14,130,633$14,060,426$13,863,716
Net assets($4,605,499)$5,409,732($19,108,698)($7,108,021)$2,870,579
Revenues and expenses
Total contributions$8,465,623$12,894,717$4,211,607$3,126,612$3,763,329
Program service revenue$34,461,199$36,412,528$35,077,054$44,788,649$47,626,829
Membership dues$0$0$0$0$0
Investment income$427,682$28,804,001$296,510$437,865$856,847
Other revenue$243,442$191,596$406,471$372,859$258,988
Total other revenue$35,132,323$65,408,125$35,780,035$45,599,373$48,742,664
Total revenue$43,597,946$78,302,842$39,991,642$48,725,985$52,505,993
Program services$48,597,886$47,123,596$47,263,489$53,335,339$53,177,779
Management and general$4,529,442$6,648,812$4,850,553$5,404,313$5,091,937
Total expenses$53,302,624$54,015,204$52,205,081$58,825,470$58,343,947
Change in net assets20222021202020192018
Surplus (deficit)($9,704,678)$24,287,638($12,213,439)($10,099,485)($5,837,954)
Other changes in net assets$0$0$0$0$0
Total change in net assets($9,704,678)$24,287,638($12,213,439)($10,099,485)($5,837,954)


David F TurkProvost & VP$177,373
Kenneth E BaldesTrustee$165,525
Cornelius F SpitzerCFO$138,923
Dr Gary D FriesenTrustee$134,135
Anita L UnderwoodDean Bus & Leadrsh$125,891
Stephen MaretProf of Psychology$115,058
Rajan S Mathews-Start 712021President$115,000
Sharron T GreavesProf Communication$110,574
Rev Thomas R FlandersTrustee$79,446
Rev Kelvin WalkerTrustee$77,094
Dr Duane A WheelandVice Chairman$73,830

Compensation data as of: 6/30/2022

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 3/22/2023. 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 Dr. A.B. Simpson. At the time, Simpson was the 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 welcome the immigrants who were pouring into the city. Many in the church resisted this compassionate call and rejected Simpson's vision for the church.

One Sunday morning in 1882, Simpson declared from the pulpit, "I am not interested in being a respectable Christian." He resigned from the pastorate and established the Missionary Training Institute, where people would be trained to take the good news of God's love wherever it needed to be heard.

That school today is known as Alliance University.

Since its inception on the back of a Broadway stage, Alliance University has grown to become an institution of over 2,000 students pursuing a variety of undergraduate, graduate, and seminary programs. At the heart of it all is the commitment to share the love of Christ in the communities of our nation and abroad.

Dr. A.B. Simpson described this commitment as taking "the whole gospel" to "the whole world." Today, Alliance University is known as the most diverse Christian school in higher education-the fulfillment of A.B. Simpson's vision for a community from all walks of life united in a common purpose.

Program accomplishments