Campbell University

The information on this page was last updated 6/5/2024. If you see errors or omissions, please email: [email protected]


Summary

Campbell University is a university of the liberal arts, sciences, and professions that is committed to helping students develop an integrated Christian personality characterized by a wholeness of body, mind and spirit.


Contact information

Mailing address:
Campbell University
143 Main Street
Buies Creek, NC 27506

Website: campbell.edu

Phone: (800) 334-4111

Email: [email protected]


Organization details

EIN: 560529940

CEO/President: J. Bradley Creed

Chairman: James Eugene (Gene) Lewis III

Board size: 45

Founder: James Archibald Campbell

Ruling year: 1939

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

Fueled by a higher calling, we provide a transformational learning experience that prepares students for servant leadership and equips them with skills and habits to make a difference in the lives of others.


Mission statement

The mission of Campbell University is to graduate students with exemplary academic and professional skills who are prepared for purposeful lives and meaningful service. The University is informed and inspired by its Baptist heritage and three basic theological and biblical presuppositions: learning is appointed and conserved by God as essential to the fulfillment of human destiny; in Christ all things consist and find ultimate unity; and the Kingdom of God in this world is rooted and grounded in Christian community. The University embraces the conviction that there is no conflict between the life of faith and the life of inquiry.


Statement of faith

The University is informed and inspired by its Baptist heritage and three basic theological and biblical presuppositions: learning is appointed and conserved by God as essential to the fulfillment of human destiny; in Christ all things consist and find ultimate unity; and the Kingdom of God in this world is rooted and grounded in Christian community. The University embraces the conviction that there is no conflict between the life of faith and the life of inquiry.

Donor confidence score

Show donor confidence score details

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating386 of 111260 of 130
Fund acquisition rating646 of 111388 of 130
Resource allocation rating96 of 11135 of 130
Asset utilization rating660 of 111291 of 130

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%16%11%9%7%15%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%1%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
20%7%8%10%16%10%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%1%1%1%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
80%93%92%90%84%90%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%93%92%91%93%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%100%89%88%92%97%
Program output ratio Program output ratio =
Program services /
Total revenue
79%93%82%80%86%89%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%0%11%12%8%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%0%6%7%5%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%6%7%8%6%7%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.360.360.340.390.43
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.702.112.112.052.382.48
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.450.760.750.700.941.05
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.0817.5118.6621.8616.5912.81
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.060.050.050.060.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.2214.9015.1516.4312.0010.49
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
25%25%26%27%31%30%
Debt ratio Debt ratio =
Debt /
Total assets
11%11%12%12%25%22%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
148%209%207%215%175%165%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$34,675,142$61,640,301$55,550,737$45,474,585$32,980,841
Receivables, inventories, prepaids$10,319,589$9,711,275$16,946,650$18,044,255$19,603,284
Short-term investments$256,227,022$237,213,535$259,337,764$193,528,791$177,013,339
Other current assets$0$0$0$0$0
Total current assets$301,221,753$308,565,111$331,835,151$257,047,631$229,597,464
Long-term investments$16,106$16,106$568,674$568,674$562,574
Fixed assets$316,443,344$324,269,310$335,958,762$343,462,390$326,736,946
Other long-term assets$17,723,378$17,227,599$10,379,849$11,826,275$11,709,555
Total long-term assets$334,182,828$341,513,015$346,907,285$355,857,339$339,009,075
Total assets$635,404,581$650,078,126$678,742,436$612,904,970$568,606,539
 
Liabilities20232022202120202019
Payables and accrued expenses$11,005,702$10,856,603$8,006,865$7,312,057$11,248,067
Other current liabilities$6,201,065$5,683,387$7,171,992$8,180,187$6,680,258
Total current liabilities$17,206,767$16,539,990$15,178,857$15,492,244$17,928,325
Debt$68,717,299$77,552,382$81,461,541$150,574,036$126,268,485
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$71,292,583$76,277,512$84,057,946$25,269,791$24,264,413
Total long-term liabilities$140,009,882$153,829,894$165,519,487$175,843,827$150,532,898
Total liabilities$157,216,649$170,369,884$180,698,344$191,336,071$168,461,223
 
Net assets20232022202120202019
Without donor restrictions$265,749,296$266,510,771$258,569,625$231,912,182$218,037,761
With donor restrictions$212,438,636$213,197,471$239,474,467$189,656,717$182,107,555
Net assets$478,187,932$479,708,242$498,044,092$421,568,899$400,145,316
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$16,663,329$20,201,207$27,410,206$42,106,668$25,171,619
Program service revenue$206,275,814$209,536,461$215,269,960$208,995,860$209,383,141
Membership dues$0$0$0$0$0
Investment income$3,609,317$25,372,273$18,576,882$5,779,165$11,854,837
Other revenue$2,689,452$4,175,402$2,520,418$4,579,624$3,625,895
Total other revenue$212,574,583$239,084,136$236,367,260$219,354,649$224,863,873
Total revenue$229,237,912$259,285,343$263,777,466$261,461,317$250,035,492
 
Expenses20232022202120202019
Program services$212,082,255$213,203,980$210,658,745$225,071,608$221,866,952
Management and general$13,880,778$15,836,162$18,026,611$13,500,444$16,537,071
Fundraising$2,699,207$2,234,134$2,538,995$2,998,111$3,752,057
Total expenses$228,662,240$231,274,276$231,224,351$241,570,163$242,156,080
 
Change in net assets20232022202120202019
Surplus (deficit)$575,672$28,011,067$32,553,115$19,891,154$7,879,412
Other changes in net assets$0$0$0$0$0
Total change in net assets$575,672$28,011,067$32,553,115$19,891,154$7,879,412

Compensation

NameTitleCompensation
J Bradley CreedPresident$479,583
Brian KesslerDean, Cusom$450,852
J Rich LeonardDean, School of Law$334,293
James PowersAssoc. Dean Clinical Integ.$310,281
David TolentinoAssoc. Dean Clinic Affairs$301,469
Nicholas PenningsChair, Family Medicine$298,017
David MeeVP For Enrollment Mgt$296,115
Sandra ConnollyVP For Business & CFO$271,119
Mark HammondVP Academic Affairs/Provost$256,247
John RobersonExecutive Vp, Board Secretary$232,174
Britt DavisVP Institutional Advancement$212,787
Sherri Yerk-ZwicklVP For Info Tech. & CIO$187,600
Faithe BeamVP Spiritual Life & Campus Min$156,776
Julie ByrdController, Board Treasurer$149,358
Dennis BazemoreVP For Student Life$147,617

Compensation data as of: 5/31/2023


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 6/5/2024. To update the information below, please email: [email protected]


History

On Jan. 5, 1887, James Archibald Campbell, a 26-year-old Baptist minister, welcomed 16 students to a small church in Buies Creek, N.C., for the first day of classes for the school he founded: Buies Creek Academy. By the end of the first term, there were 92 students.

Since then, Buies Creek Academy has evolved to become Campbell Junior College (1926), Campbell College (1961), and Campbell University (1979). Throughout these transformations, the university has remained true to its founding principles to address the most pressing needs of North Carolina and to educate men and women for Christian service around the world.

1887 - Opened as Buies Creek Academy when there were no other schools in the area

1967 - Started the first trust and wealth management program in the U.S

1976 - Opened the first law school in North Carolina in 35 years

1986 - Opened the first pharmacy school in the U.S. in 40 years

2013 - Started North Carolina's first bachelor's degree in homeland security

2013 - Opened the first medical school in North Carolina in 35 years


Program accomplishments

Ranked "A Best in the Southeast" college by Princeton Review, and among Best Universities in the South by U.S. News & World Report


Needs