University of Northwestern - St. Paul

The information on this page was last updated 4/6/2023. If you see errors or omissions, please email: [email protected]


Summary

Developing leaders through academically excellent, Christian education since 1902. University of Northwestern (UNW) is a Christian university located in the heart of the Twin Cities of Minneapolis and St. Paul, Minnesota.


Contact information

Mailing address:
University of Northwestern - St. Paul
3003 Snelling Ave N
St. Paul, MN 55113

Website: unwsp.edu

Phone: 651-631-5100

Email: [email protected]


Organization details

EIN: 410711610

CEO/President: Alan S. Cureton

Chairman: Dan Stolrtz

Board size: 17

Founder: William Bell Riley

Ruling year: 1965

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Because of God's compelling love, we will teach wisdom and understanding to reach all nations for Christ. 2 Corinthians 5:14, Proverbs 1:7, Matthew 28:19


Mission statement

University of Northwestern - St. Paul exists to provide Christ-centered higher education equipping students to grow intellectually and spiritually, to serve effectively in their professions, and to give God-honoring leadership in the home, church, community and world.


Statement of faith

Northwestern's educational programs and media ministries are firmly founded upon definitely formulated and explicitly stated biblical doctrines as follows:

I. The Scriptures

We believe that the Scriptures of the Old and New Testaments are verbally and plenarily inspired of God, are inerrant in the original writings, and are the infallible authority in all matters of faith and conduct (II Timothy 3:16).

II. The Godhead

We believe in one God, eternally existing in three persons, Father, Son, and Holy Spirit (John 1:1-2). These three are equal in every divine perfection and execute distinct but harmonious offices in the work of creation and redemption (John 15:2).

III. The Father

We believe in God the Father, Creator of heaven and earth, perfect in holiness, infinite in wisdom, measureless in power (Genesis 1:1, Exodus 15:11, Job 12:13, Matthew 19:26). We rejoice that He concerns Himself mercifully in the affairs of men, that He hears and answers prayer (Matthew 6:6), and that He saves from sin and death all who come to Him through Jesus Christ (John 1:12).

IV. The Son, Jesus Christ

We believe in Jesus Christ, the eternal and only begotten Son of God, conceived by the Holy Spirit, born of the Virgin Mary, sinless in His life, making atonement for the sin of the world by His substitutionary death on the cross. We believe in His bodily resurrection, His ascension into heaven, His present high priestly intercession for His people (Hebrews 9:24), and His personal, visible, imminent (Hebrews 9:28), and premillennial return to this earth according to His promise.

V. The Holy Spirit

We believe in the Holy Spirit, who came forth from God to convince the world of sin, of righteousness, and of judgment, and to regenerate, sanctify, and comfort those who believe in Jesus Christ (John 16:7-8).

VI. The Salvation of Man

We believe that man was created in the image of God (Genesis 1:26), that he sinned in Adam, and that all men by nature and by choice are sinners having incurred not only physical death but also that spiritual death which is separation from God (Romans 3:23). We also believe that "God so loved the world that He gave His only begotten Son that whosoever believeth in Him should not perish but have everlasting life." Therefore, those who by faith, apart from human merit, works, or ceremonies, accept Christ as Lord and Saviour are justified on the grounds of His shed blood and become children of God. We believe in the bodily resurrection of the just and the unjust (I Corinthians 15:22, Acts 17:31). The saved will rejoice forever in God's presence, and the lost will be forever separated from God in everlasting conscious punishment. We believe that every human being is responsible to God alone in all matters of faith (Jude 24).

VII. The Church

We believe in the Church-a living, spiritual body of which Christ is the Head and of which all regenerated people are members. We believe that a visible church is a company of believers in Jesus Christ, buried with him in baptism and associated for worship, work, and fellowship (Ephesians 1:22-23). We believe that to these visible churches were committed for observance "till He come" the ordinances of baptism (Matthew 3:13-15) and the Lord's Supper (I Corinthians 11:23-26); and that God has laid upon these churches the task of persuading a lost world to accept Jesus Christ as Saviour and to enthrone Him as Lord and Master. We believe that human betterment and social improvement are essential products of the Gospel. We believe that Church and State must be kept separate as having different functions, each fulfilling its duties free from the dictation or patronage of the other.

VIII. The Responsibility

We believe that we are under divine obligation to contend earnestly for the faith once delivered unto the saints by proclaiming to a lost world the acceptance of Jesus Christ as Saviour and the enthroning of Him as Lord and Master (Jude 3, Acts 16:30, Colossians 3:1-3).

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Transparency grade

C

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating143 of 11028 of 127
Fund acquisition rating306 of 110338 of 127
Resource allocation rating301 of 110328 of 127
Asset utilization rating262 of 110227 of 127

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
13%10%9%12%17%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%3%3%3%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
17%31%31%28%26%21%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%3%3%3%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
83%69%69%72%74%79%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%88%89%72%71%70%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%91%91%92%97%97%
Program output ratio Program output ratio =
Program services /
Total revenue
82%81%81%66%69%68%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%9%9%8%3%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%8%9%8%3%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%8%8%25%24%25%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.740.810.700.760.77
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.582.713.243.163.713.63
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.412.012.622.222.812.80
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.238.365.715.745.104.87
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.120.180.170.200.21
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.385.253.784.473.433.40
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
25%14%15%22%27%27%
Debt ratio Debt ratio =
Debt /
Total assets
11%5%8%15%19%18%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
148%117%106%111%96%95%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$26,484,640$20,761,319$22,282,127$16,545,457$17,495,459
Receivables, inventories, prepaids$5,530,996$4,527,141$3,636,858$4,278,301$3,859,783
Short-term investments$24,371,689$17,917,728$19,842,861$16,259,592$15,611,161
Other current assets$0$0$0$0$0
Total current assets$56,387,325$43,206,188$45,761,846$37,083,350$36,966,403
Long-term investments$754,803$998,242$1,664,549$1,957,609$2,274,657
Fixed assets$72,039,991$77,048,090$79,483,871$80,364,003$81,211,029
Other long-term assets$23,892,811$18,706,591$17,822,681$18,042,838$13,812,343
Total long-term assets$96,687,605$96,752,923$98,971,101$100,364,450$97,298,029
Total assets$153,074,930$139,959,111$144,732,947$137,447,800$134,264,432
 
Liabilities20232022202120202019
Payables and accrued expenses$5,869,620$6,329,655$6,801,707$5,536,571$6,156,164
Other current liabilities$876,051$1,238,721$1,173,348$1,731,776$1,438,185
Total current liabilities$6,745,671$7,568,376$7,975,055$7,268,347$7,594,349
Debt$7,539,298$10,701,373$21,368,081$26,039,839$24,714,943
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$6,482,962$2,106,002$3,205,464$3,737,515$3,899,654
Total long-term liabilities$14,022,260$12,807,375$24,573,545$29,777,354$28,614,597
Total liabilities$20,767,931$20,375,751$32,548,600$37,045,701$36,208,946
 
Net assets20232022202120202019
Without donor restrictions$110,150,738$100,803,845$92,283,519$83,373,640$81,299,832
With donor restrictions$22,156,261$18,779,515$19,900,828$17,028,459$16,755,654
Net assets$132,306,999$119,583,360$112,184,347$100,402,099$98,055,486
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$38,339,415$38,212,344$30,511,155$27,931,959$22,543,537
Program service revenue$78,813,122$81,280,084$74,949,111$78,425,279$82,848,906
Membership dues$0$0$0$0$0
Investment income$6,652,827$4,305,035$4,200,650$1,046,198$1,118,382
Other revenue$454,211$507,316$339,523$124,014$185,816
Total other revenue$85,920,160$86,092,435$79,489,284$79,595,491$84,153,104
Total revenue$124,259,575$124,304,779$110,000,439$107,527,450$106,696,641
 
Expenses20232022202120202019
Program services$100,209,126$100,506,767$72,966,603$74,168,721$72,939,329
Management and general$9,454,572$9,045,461$24,978,645$25,483,700$26,371,674
Fundraising$3,773,629$3,575,659$3,537,114$4,635,123$4,331,521
Total expenses$113,437,327$113,127,887$101,482,362$104,287,544$103,642,524
 
Change in net assets20232022202120202019
Surplus (deficit)$10,822,248$11,176,892$8,518,077$3,239,906$3,054,117
Other changes in net assets$0$0$0$0$0
Total change in net assets$10,822,248$11,176,892$8,518,077$3,239,906$3,054,117

Compensation

NameTitleCompensation
Dr Alan CuretonPresident Thru 7/22$615,460
Dr April MoretonVP For Inst. Advancement Thru 11/22$222,779
Jason SharpSr. VP For Media$190,002
Dr Janet SommersProvost/Sr. VP For Academic Affairs$189,893
Dr Corbin HoornbeekPresident$181,011
John SommervilleCFO / Treasurer$180,914
Scott JonesAsst VP For Bus Ops & Tech/Media$158,696
David GattornaMedia Station Manager$158,187
Dave GordonMedia Station Manager$154,096
Nina BarnesVP For Student Life and HR$152,991
Arnold LindstrandTrustee$699

Compensation data as of: 6/30/2023


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 4/6/2023. To update the information below, please email: [email protected]


History

1902-1947

Northwestern opens on October 2, 1902 as Northwestern Bible and Missionary Training School, founded by William Bell Riley, well-known pastor and evangelist. Classes are held in First Baptist Church in Minneapolis and Jackson Hall, First Baptist's education building.

1948-1966

In a brief four-year tenure, Northwestern's second president, Rev. Billy Graham, launches KTIS and sees the campus move to Memorial Hall in Loring Park. Despite gaining national prominence under Graham, the college temporarily closes in 1966 for restructuring and relocation.

1967-1999

Guided by the leadership and faith of William B. Berntsen, the college reopens in 1972 on its current St. Paul campus and begins to expand. The college sees a steady addition of programs and buildings under the leadership of Berntsen, Donald Ericksen, and Wesley Willis.

2000-Present

Alan S. Cureton becomes president, the Mel Johnson Media Center is constructed, Riley Hall undergoes major remodeling, graduate programs begin, Billy Graham Community Life Commons opens, and Maranatha Hall receives new renovations and a new name. Educational facilities continue to expand and receive upgrades: Engineering receives a new home at Rosedale Square North; the School of Nursing moves into new lab, classroom, and chapel spaces in Wilson Center; and updates are made to the Ericksen Center, including new golf training bays featuring PGA-grade technology.


Program accomplishments


Needs