Columbia International University

The information on this page was last updated 4/30/2024. If you see errors or omissions, please email: [email protected]


Summary

For nearly a century, CIU has educated people from a biblical worldview to impact the nations with the message of Christ. Today, we continue that effort, offering 24 undergraduate majors, graduate and seminary programs, professional certificates, and convenient online programs for working adults.


Contact information

Mailing address:
Columbia International University
7435 Monticello Road
Columbia, SC 29203

Website: ciu.edu

Phone: 800-777-2227

Email: [email protected]


Organization details

EIN: 570352247

CEO/President: Dr. Bill Jones

Chairman:

Board size: 21

Founder: Emily Dick

Ruling year: 1937

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1979


Purpose

CIU focuses on developing leaders while affirming the Bible as the foundation for all learning. We live by our motto "To Know Him and to Make Him Known."


Mission statement

Columbia International University educates people from a Biblical worldview to impact the nations with the message of Christ.


Statement of faith

Teaching at Columbia International University is based on the great fundamentals of the Christian faith, all of which center in the person of Jesus Christ, our crucified, risen, and glorified Savior and Lord. The following, together with other Christian principles of doctrine and practice, including the affirmation of the full trustworthiness of Scripture, which in its original writing was verbally inspired and without error, shall be the basis of the faith and doctrine of the Columbia International University:

The Bible is the inspired Word of God, the written record of His supernatural revelation of Himself to man, absolute in its authority, complete in its revelation, final in its content, and without any errors in its teachings.

All men in their natural state are lost, alienated from God, spiritually dead: "All have sinned, and fall short of the glory of God" (Rom. 3:23).

Salvation is only by grace, a free gift of God, through faith in the Lord Jesus, who died for our sins according to the Scriptures (1 Cor. 15:3). Those who thus receive Christ by faith have their sins forgiven (Eph. 1:7), their hearts cleansed (Acts 15:9), are born of the Spirit, become children of God (Jn. 1:12, 13), and are made new creatures in Christ (II Cor. 5:17).

God is One God, Who reveals Himself in three Persons, Father, Son, and Holy Spirit. Jesus Christ, as the Scriptures affirm, is the Son of God and Son of man. He was born of a virgin and is Himself very God. The Scriptures also declare the deity and personality of the Holy Spirit.

Our Lord Jesus rose from the dead in the same body that was laid to rest in the tomb (Jn. 20:25-27). The bodies of all believers who die will be raised from the dead, and they will receive an incorruptible body like unto His glorious body (I Cor. 15:53; Phil. 3:21). All other men shall be raised unto "the resurrection of judgment" (Jn. 5:28, 29).

Christians, born of the Spirit, are to live the new life in the present power of the Spirit. "If we live by the Spirit, by the Spirit let us also walk" (Gal. 5:16-25; Col. 2:6). The Christian's responsibility and his normal attitude of life is to yield himself to God (Rom. 6:13), trusting God to keep him.

Christian "living" includes Christian service, the winning of souls around us, and the preaching of the Gospel in the uttermost parts of the earth. In carrying on this work there is needed the supernatural power of the Holy Spirit which is granted to every believer as he yields and trusts (Acts 1:8; I Cor. 12:7; Eph. 3:20; Acts 5:32). And in all of this service, prayer is to have the central place (Jn. 14:12-14; Eph. 6:18, 19).

Jesus Christ will come again to earth the second time (Heb. 9:28), personally (Acts 1:11; I Thess. 4:16), bodily (Acts 1:11; Col. 2:9), and visibly (Matt. 26:64; Rev. 1:7). His coming will precede the age of universal peace and righteousness foretold in the Scriptures (Matt. 24:29, 30, 42; II Thess. 2:7, 8; Rev. 20:1-6). (Candidates for graduation need not affirm the premillennial position.)

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Transparency grade

A

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating669 of 111090 of 129
Fund acquisition rating736 of 111196 of 129
Resource allocation rating707 of 111183 of 129
Asset utilization rating407 of 111051 of 129

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%12%24%21%23%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%5%5%5%5%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
20%39%19%22%20%37%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%5%4%4%4%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
80%61%81%78%80%63%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%81%82%80%79%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%88%117%112%112%86%
Program output ratio Program output ratio =
Program services /
Total revenue
80%71%96%90%88%69%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%12%-17%-12%-12%14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%12%-11%-8%-6%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%14%14%16%17%17%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.590.530.500.410.35
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.692.432.512.732.451.63
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.441.421.341.361.010.57
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.236.548.707.775.9125.39
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.150.110.130.170.04
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.297.147.947.699.9120.10
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%33%33%33%32%27%
Debt ratio Debt ratio =
Debt /
Total assets
11%24%25%25%21%21%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
151%114%126%134%166%209%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$309,200$348,924$1,009,906$1,075,304$11,215,896
Receivables, inventories, prepaids$15,404,201$2,694,489$2,667,636$4,871,086$17,202,294
Short-term investments$30,420,605$41,814,012$36,834,805$40,453,254$39,182,601
Other current assets$0$0$0$0$0
Total current assets$46,134,006$44,857,425$40,512,347$46,399,644$67,600,791
Long-term investments$2,047,777$1,964,257$1,964,256$1,964,255$3,274,239
Fixed assets$59,976,964$61,465,154$64,324,500$61,423,660$35,643,487
Other long-term assets$3,788,860$4,289,765$3,842,413$4,063,423$3,712,689
Total long-term assets$65,813,601$67,719,176$70,131,169$67,451,338$42,630,415
Total assets$111,947,607$112,576,601$110,643,516$113,850,982$110,231,206
 
Liabilities20222021202020192018
Payables and accrued expenses$3,884,065$3,604,997$3,111,083$5,407,555$2,096,111
Other current liabilities$3,170,040$1,549,354$2,099,587$2,449,991$566,560
Total current liabilities$7,054,105$5,154,351$5,210,670$7,857,546$2,662,671
Debt$27,197,193$27,840,568$27,916,791$24,238,817$22,852,823
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$2,712,183$4,113,943$3,758,797$4,127,379$3,742,353
Total long-term liabilities$29,909,376$31,954,511$31,675,588$28,366,196$26,595,176
Total liabilities$36,963,481$37,108,862$36,886,258$36,223,742$29,257,847
 
Net assets20222021202020192018
Without donor restrictions$36,855,453$39,267,111$42,959,034$34,425,739$36,494,428
With donor restrictions$38,128,673$36,200,628$30,798,224$43,201,501$44,478,931
Net assets$74,984,126$75,467,739$73,757,258$77,627,240$80,973,359
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$28,952,964$9,600,520$10,588,234$8,398,315$16,891,917
Program service revenue$44,322,047$40,756,409$37,343,613$31,603,530$27,591,518
Membership dues$0$0$0$0$0
Investment income$874,575$422,633$672,483$949,923$607,542
Other revenue$909,002$698,139$362,319$674,403$151,833
Total other revenue$46,105,624$41,877,181$38,378,415$33,227,856$28,350,893
Total revenue$75,058,588$51,477,701$48,966,649$41,626,171$45,242,810
 
Expenses20222021202020192018
Program services$53,146,949$49,463,065$43,908,832$36,684,486$30,995,810
Management and general$9,024,721$8,239,363$8,965,181$8,088,597$6,654,582
Fundraising$3,522,237$2,334,660$2,213,074$1,897,774$1,113,615
Total expenses$65,693,907$60,037,088$55,087,087$46,670,857$38,764,007
 
Change in net assets20222021202020192018
Surplus (deficit)$9,364,681($8,559,387)($6,120,438)($5,044,686)$6,478,803
Other changes in net assets$0$0$0$0$0
Total change in net assets$9,364,681($8,559,387)($6,120,438)($5,044,686)$6,478,803

Compensation

NameTitleCompensation
Mark SmithPresident$310,168
Ricky ChristmanVice President$226,477
William JonesChancellor$224,016
Antonio FajardoHeadmaster, BLS$206,543
Brian SimmonsAssoc Provost$156,146
Rob HartmanChief Financial Officer$139,708
Michele Branch-FrappierDirector of Technology$113,181
Manuel EspinaTrustee$96,000

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 4/30/2024. To update the information below, please email: [email protected]


History

What is now Columbia International University exists because of the power of prayer. Thanks to the prayers of a Sunday school teacher and her friends, CIU has been a catalyst for preparing students for ministry and missions.

Emily Dick - concerned for the spiritual needs of Columbia's mill workers and their families - attended Moody Bible Institute in 1913 to better learn Scripture. Five years later and now back home; she and her circle of six other "praying women" saw their dream of a local Bible school come true. The man of God who would lead the new work was Robert C. McQuilkin, CIU's first president.

The school began classes in the fall of 1922 in rented rooms at the former Colonia Hotel in downtown Columbia and at the YMCA, and officially became Columbia Bible School in 1923. Two hotel rooms served as the classroom and the office, and the hotel's sunroom was used for popular Friday evening classes open to the public. In 1929, the school's name changed to Columbia Bible College and six years later, the school began offering graduate courses. The college moved to its current location on Monticello Road in 1960 and the name was changed again in 1994 to Columbia International University.

In 1929, the school's name changed to Columbia Bible College and six years later, the school began offering graduate courses. The college moved to its current location on Monticello Road in 1960 and the name was changed again in 1994 to Columbia International University.


Program accomplishments


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