Shepherds Baptist Ministries Inc / Shepherds College 
The information on this page was last updated 5/29/2023. If you see errors or omissions, please email: [email protected]
Summary
Shepherds College is the nation's leading post-secondary school created with the learning needs of students with intellectual and developmental disabilities in mind.
Throughout the three years at Shepherds College, students will be equipped to reach Appropriate Independence through the development of vocational, social, and life skills. We offer three, immersive occupational majors.
Contact information
Mailing address:
Shepherds College
1805 15th Ave
Union Grove, WI 53182-1597
Website: shepherdscollege.edu
Phone: 262-878-5620
Email: [email protected]
Organization details
EIN: 390988997
CEO/President: Tracy Terrill, EdD
Chairman: Ron Pierre and Jessica Braeger
Board size: 11
Founder:
Ruling year: 2022
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2016
Purpose
A guiding principle at Shepherds College is that each of us has been "designed by God on purpose and for a purpose." This principle provides direction for the Spiritual Life component of the Shepherds College experience. Students at Shepherds College will have ample opportunity to discover the God that has designed them and investigate the specific purpose He has for their lives.
Each semester, select classes will feature teaching centered on the Bible and its practical application for our everyday lives. Weekly chapel services are also part of the Shepherds College program. In addition, students attend a local church and actively participate in the church community. Students are provided with numerous opportunities to receive counseling based on the Truths of God's Word.
As we attempt to prepare each Shepherds College student for Appropriate Independence, we are committed to providing a setting that will encourage spiritual growth. We believe learning and life should both be centered on Jesus Christ.
Mission statement
Because people with intellectual and developmental disabilities have unrealized God-given potential, Shepherds College provides a uniquely designed learning environment for our students to discover and maximize that potential, so they each are empowered to lead a fulfilling life.
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 162 of 1117 | 13 of 127 |
| Fund acquisition rating | | 29 of 1118 | 11 of 127 |
| Resource allocation rating | | 815 of 1118 | 93 of 127 |
| Asset utilization rating | | 100 of 1117 | 6 of 127 |
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 13% | 0% | 0% | 0% | 0% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 16% | 24% | 29% | 40% | 42% | 43% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 84% | 76% | 71% | 60% | 58% | 57% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 79% | 80% | 84% | 85% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 111% | 105% | 92% | 88% | 89% |
Program output ratio Program output ratio = Program services / Total revenue | 82% | 88% | 84% | 77% | 75% | 73% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -11% | -5% | 8% | 12% | 11% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | -10% | -3% | 7% | 10% | 11% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 21% | 20% | 16% | 15% | 18% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.85 | 0.64 | 0.62 | 0.61 | 0.62 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.64 | 6.62 | 4.85 | 5.18 | 8.76 | 15.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.44 | 5.60 | 3.09 | 3.23 | 5.32 | 9.26 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 7.92 | 1.68 | 2.63 | 3.99 | 2.82 | 1.21 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.13 | 0.59 | 0.38 | 0.25 | 0.35 | 0.83 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.38 | 0.87 | 2.40 | 2.79 | 1.46 | 0.22 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 24% | 17% | 17% | 16% | 18% | 27% |
Debt ratio Debt ratio = Debt / Total assets | 11% | 0% | 1% | 2% | 5% | 10% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 151% | 98% | 131% | 135% | 135% | 118% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $832,949 | $1,733,692 | $746,799 | $1,084,190 | $528,662 |
| Receivables, inventories, prepaids | $656,102 | $484,915 | $1,364,292 | $140,130 | $176,718 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,489,051 | $2,218,607 | $2,111,091 | $1,224,320 | $705,380 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $7,427,893 | $7,598,992 | $7,846,181 | $8,247,298 | $8,605,519 |
| Other long-term assets | $939,914 | $946,704 | $975,042 | $1,257,966 | $1,272,541 |
| Total long-term assets | $8,367,807 | $8,545,696 | $8,821,223 | $9,505,264 | $9,878,060 |
| Total assets | $9,856,858 | $10,764,303 | $10,932,314 | $10,729,584 | $10,583,440 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $856,322 | $761,613 | $490,785 | $321,606 | $329,382 |
| Other current liabilities | $28,718 | $82,767 | $37,731 | $111,968 | $254,177 |
| Total current liabilities | $885,040 | $844,380 | $528,516 | $433,574 | $583,559 |
| Debt | $0 | $76,486 | $240,672 | $524,192 | $1,052,926 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $820,461 | $870,136 | $940,789 | $997,416 | $1,210,415 |
| Total long-term liabilities | $820,461 | $946,622 | $1,181,461 | $1,521,608 | $2,263,341 |
| Total liabilities | $1,705,501 | $1,791,002 | $1,709,977 | $1,955,182 | $2,846,900 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $7,999,668 | $8,848,372 | $9,103,443 | $8,606,181 | $7,603,501 |
| With donor restrictions | $151,689 | $124,929 | $118,894 | $168,221 | $133,039 |
| Net assets | $8,151,357 | $8,973,301 | $9,222,337 | $8,774,402 | $7,736,540 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $1,786,364 | $1,897,817 | $2,976,678 | $3,130,500 | $3,131,883 |
| Program service revenue | $5,707,612 | $4,657,126 | $4,464,831 | $4,252,213 | $4,241,393 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $0 | ($2,551) | ($2,551) | $7,021 | ($33,397) |
| Other revenue | $0 | $0 | $0 | $0 | $20,865 |
| Total other revenue | $5,707,612 | $4,654,575 | $4,462,280 | $4,259,234 | $4,228,861 |
| Total revenue | $7,493,976 | $6,552,392 | $7,438,958 | $7,389,734 | $7,360,744 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $6,610,271 | $5,492,429 | $5,754,705 | $5,564,678 | $5,343,747 |
| Management and general | $1,721,882 | $1,372,639 | $1,059,689 | $945,626 | $1,188,652 |
| Fundraising | $0 | $0 | $0 | $0 | $0 |
| Total expenses | $8,332,153 | $6,865,068 | $6,814,394 | $6,510,304 | $6,532,399 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($838,177) | ($312,676) | $624,564 | $879,430 | $828,345 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($838,177) | ($312,676) | $624,564 | $879,430 | $828,345 |
Compensation
| Name | Title | Compensation |
| Tracy Terrill | President | $197,923 |
| Brian Canright | Vice President | $141,068 |
| Karyn A Borucki | Asst Treasurer (part year), Controller | $105,814 |
| Bryan Tomczak | VP of Finance / Asst. Treasurer | $99,844 |
| Joy Phillips | Asst. Secretary | $42,005 |
Compensation data as of: 6/30/2024
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 5/29/2023. To update the information below, please email: [email protected]
History
It was 1957 in Milwaukee, Wisconsin when parents of a son with intellectual disabilities approached their Sunday school class at Garfield Baptist (Spring Creek Church) and asked a probing question. "Could our class actually do something to help children with intellectual disabilities?" Answering that question would lead to the establishment of a ministry that would go on to have a profound impact on the lives of people with intellectual disabilities.
In 1964, Shepherds Home and School opened its doors, welcoming 36 children. At that time, little was being done in public education to address the needs of this special population. Shepherds Home and School provided an essential service to these children and their families.
In 2008, Shepherds Ministries returned to its educational roots with the establishment of Shepherds College, a three-year, post-secondary school for individuals with intellectual disabilities. And that's when it all began.
Program accomplishments
Quick facts about Shepherds College
199 Graduates
1:8 Staff-to-Student Ratio
$4m Scholarships
80% Gainful Employment Rate
Needs
Shepherds Foundation is the fundraising arm of Shepherds College. All donations will be processed through Shepherds Foundation and used to benefit our students with intellectual and developmental disabilities at Shepherds College.