Missouri Baptist University 
The information on this page was last updated 3/22/2023. If you see errors or omissions, please email: [email protected]
Summary
Missouri Baptist University is an evangelical Christian, liberal arts institution. The University is committed to enriching its students' lives spiritually, intellectually, and professionally, and to preparing students to serve in a global and culturally diverse society.
Contact information
Mailing address:
Missouri Baptist University
One College Park Dr
St. Louis, MO 63141-8698
Website: mobap.edu
Phone: 314-434-1115
Email: [email protected]
Organization details
EIN: 430817015
CEO/President: Dr. Keith Ross
Chairman: Chad Hodges
Board size: 34
Founder:
Ruling year: 2003
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: No
Member of ECFA since:
Purpose
To teach, empower, and inspire students for service and lifelong learning. Missouri Baptist University is an evangelical Christian, liberal arts institution and has as its purpose the offering of programs of study leading to professional certificates, undergraduate degrees, and graduate degrees in an environment where academic excellence is emphasized and a Biblically based Christian perspective is maintained.
Mission statement
The University seeks to prepare students who are motivated by ideals of service for effective performance in careers which are appropriate to the Christian commitment of MBU.
Statement of faith
The University is affiliated with the Missouri Baptist Convention, a network of 1,800 independent Southern Baptist churches that work together to carry out the Great Commission. The Missouri Baptist Convention is affiliated with the national Southern Baptist Convention (SBC), which holds to the Baptist Faith & Message (2000) as its statement of faith (which can be found here: https://bfm.sbc.net/bfm2000/)
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 175 of 1115 | 11 of 130 |
| Fund acquisition rating | | 469 of 1116 | 53 of 130 |
| Resource allocation rating | | 214 of 1116 | 18 of 130 |
| Asset utilization rating | | 289 of 1115 | 32 of 130 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 13% | 11% | 5% | 5% | 18% | 64% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 1% | 1% | 1% | 1% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 18% | 8% | 18% | 15% | 5% | 1% |
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 | 82% | 92% | 82% | 85% | 95% | 99% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 89% | 91% | 90% | 90% | 90% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 103% | 95% | 89% | 95% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 92% | 86% | 80% | 86% | 88% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | -3% | 5% | 11% | 5% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | -3% | 5% | 11% | 5% | 2% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 10% | 9% | 9% | 9% | 9% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.51 | 0.66 | 0.64 | 0.55 | 0.58 | 0.62 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.61 | 3.95 | 3.89 | 3.82 | 4.54 | 4.91 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.41 | 2.59 | 2.50 | 2.12 | 2.63 | 3.04 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 7.92 | 13.99 | 12.60 | 10.72 | 10.79 | 6.92 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.13 | 0.07 | 0.08 | 0.09 | 0.09 | 0.14 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.43 | 4.30 | 4.41 | 5.14 | 4.15 | 3.37 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 24% | 36% | 36% | 39% | 47% | 42% |
Debt ratio Debt ratio = Debt / Total assets | 11% | 32% | 34% | 35% | 43% | 39% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 148% | 97% | 99% | 110% | 91% | 93% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $22,747,962 | $23,064,317 | $24,169,452 | $18,643,873 | $15,834,122 |
| Receivables, inventories, prepaids | $560,532 | $524,525 | $444,365 | $929,785 | $659,792 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $23,308,494 | $23,588,842 | $24,613,817 | $19,573,658 | $16,493,914 |
| Long-term investments | $6,364,195 | $5,766,814 | $6,853,066 | $5,352,816 | $5,211,866 |
| Fixed assets | $56,569,681 | $58,520,836 | $60,085,198 | $61,707,008 | $56,451,340 |
| Other long-term assets | $5,893,891 | $3,890,102 | $2,484,464 | $2,275,163 | $2,788,129 |
| Total long-term assets | $68,827,767 | $68,177,752 | $69,422,728 | $69,334,987 | $64,451,335 |
| Total assets | $92,136,261 | $91,766,594 | $94,036,545 | $88,908,645 | $80,945,249 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $1,308,296 | $1,518,238 | $1,988,350 | $1,404,539 | $2,079,289 |
| Other current liabilities | $357,917 | $353,763 | $307,962 | $409,544 | $304,483 |
| Total current liabilities | $1,666,213 | $1,872,001 | $2,296,312 | $1,814,083 | $2,383,772 |
| Debt | $29,894,270 | $31,392,021 | $32,849,770 | $37,994,762 | $31,486,658 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $1,920,784 | $188,885 | $1,385,023 | $2,320,767 | $280,773 |
| Total long-term liabilities | $31,815,054 | $31,580,906 | $34,234,793 | $40,315,529 | $31,767,431 |
| Total liabilities | $33,481,267 | $33,452,907 | $36,531,105 | $42,129,612 | $34,151,203 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $48,980,259 | $49,262,051 | $47,918,341 | $38,708,885 | $38,477,927 |
| With donor restrictions | $9,674,735 | $9,051,636 | $9,587,099 | $8,070,148 | $8,316,119 |
| Net assets | $58,654,994 | $58,313,687 | $57,505,440 | $46,779,033 | $46,794,046 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $4,728,802 | $11,045,080 | $8,755,009 | $2,490,764 | $767,972 |
| Program service revenue | $52,496,870 | $49,577,536 | $48,593,184 | $50,444,356 | $49,451,508 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $1,072,535 | $1,136,941 | $730,312 | $699,132 | $670,344 |
| Other revenue | $344,681 | $321,033 | $293,536 | $294,028 | $328,196 |
| Total other revenue | $53,914,086 | $51,035,510 | $49,617,032 | $51,437,516 | $50,450,048 |
| Total revenue | $58,642,888 | $62,080,590 | $58,372,041 | $53,928,280 | $51,218,020 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $53,842,190 | $53,541,601 | $46,840,238 | $46,485,328 | $45,060,030 |
| Management and general | $6,095,228 | $5,025,803 | $4,782,070 | $4,465,467 | $4,623,966 |
| Fundraising | $499,487 | $520,022 | $473,354 | $455,479 | $490,860 |
| Total expenses | $60,436,905 | $59,087,426 | $52,095,662 | $51,406,274 | $50,174,856 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($1,794,017) | $2,993,164 | $6,276,379 | $2,522,006 | $1,043,164 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($1,794,017) | $2,993,164 | $6,276,379 | $2,522,006 | $1,043,164 |
Compensation
| Name | Title | Compensation |
| Keith Ross | President | $315,068 |
| Andy Chambers | Provost/Sr VP For Academic Aff | $177,583 |
| Darryl Woodworth | VP of Business Affairs | $166,345 |
| Bryce Chapman | VP Enrollment, Marketing, Comm | $160,271 |
| Amber Heimberger | Dean of Nursing | $158,069 |
| Thomas Smith | Avp/Director of Athletics | $140,845 |
| Melanie Bishop | VP Graduate Affairs & Prof. St | $132,173 |
| Robin Murray | Assoc. Dean of Nursing | $126,365 |
| Lydia Thebeau | VP Academic Affairs | $123,584 |
| Pam Savage | Controller | $117,816 |
| Ashlee Johnson | VP For Advancement | $104,404 |
| Jon Hessel | VP Student Dev. & Dean of Stud | $52,937 |
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 3/22/2023. To update the information below, please email: [email protected]
History
When you stroll through our campus, it's hard to believe that a little more than 50 years ago it was a small campus extension with a handful of students. Now, MBU is a flourishing Christian-based university with a growing enrollment, an expanding campus and a highly regarded faculty.
1957: Hannibal-LaGrange College opens an extension at Tower Grove Baptist Church in midtown St. Louis for 68 students taking courses for pastors and laymen
1960: The influence of students, Baptist leaders, pastors and laymen leads the Missouri Baptist Convention to approve the establishment of a Baptist college in St. Louis
1964: The first meeting of the Board of Trustees of Missouri Baptist College
1967: The groundbreaking of the original 81-acre site
1968: Almost 200 students begin classes
1973: The first class of 29 students graduates with Bachelor of Arts degrees
1978: The school achieves its initial accreditation from the North Central Association under the leadership of the college's third president, Dr. Robert Sutherland
1991 - 1995: Dr. Thomas S. Field updates buildings and focuses on securing stable resources for the college
1995: Missouri Baptist University appoints Dr. R. Alton Lacey as University president, ushering in a chapter of the University marked by expansive growth.
The same year, the college doubled its housing capacity with the opening of North Hall.
1999: Spirit of Excellence Campaign raises $10 million for the Pillsbury Chapel and Dale Williams Fine Arts Center
2000: The University was approved to offer its first masters-level program, the Master of Science in Education. Today, the University offers seven graduate degree programs.
2002: Groundbreaking of Dale Williams Fine Arts Center, which prompts Dr. Lacey to famously say, "This building will stand as a reminder of those who came before, who laid the foundation of this whole enterprise, and it will point to the future with great hope and faith."
Then Missouri Baptist College becomes Missouri Baptist University, providing a more fitting description of the institution's increasingly important role in higher education.
2002: MBU opened its flagship building, the Pillsbury Chapel and Dale Williams Fine Arts Center. Every year, more than 100,000 visitors attend various events and performances inside the 53,000-square-foot facility.
2008: MBU began offering its first online degree program, The Master of Science in Education. Today, the University has 9 online programs and hundreds of classes.
2009: The University launched its first terminal degree program, the Doctor of Education.
2011: The University's next chapter of residential living was unveiled with Spartan Village. Situated on the northern end of campus, the first phase of Spartan Village included the opening of The Carl and Deloris Petty Sports and Recreation Complex and modern apartment style living.
2011: Missouri Baptist University opens the Carl and Deloris Petty Sports and Recreation Complex, a state of the art, 47,000 square foot facility aimed at aiding learning and health and wellness.
2013: Phase II of Spartan Village was completed with the construction of a 4,500 square foot bookstore, an expanded and revamped dining hall and a community-focused resident living facility for more than 100 students.
2013: More than 5,200 students-the most ever-were enrolled at MBU.
2014: MBU celebrates its 50th anniversary and Dr. Lacey's 20th year as University president. MBU Football plays its inaugural season, and the University broke ground for a football complex and practice field.
2015: MBU dedicates the Don and Mary Pillsbury Wainwright Performance Hall, located in the The Pillsbury Chapel and Dale Williams Fine Arts Center. New academic programs were launched including an exclusively online corporate security master's degree, an undergraduate commercial voice degree.
MBU also begins offering an Ed.D. in higher education in fall 2015 as well as the new MBU Adult and Online division, which offers four undergraduate degree tracks entirely online at an affordable price for the busy working adult.
2016: MBU completes the final phase of Spartan Village with the completion of Spartan South, dorm-style buildings with a capacity of 80 students.
MBU began its first year of a new honors program, MBU Honors.
2017: President Lacey announces retirement, effective at the completion of the 2017-2018 school year, after 24 years of service to the University.
MBU receives initial approval from the Missouri Board of Nursing to begin offering a nursing degree in January 2018.