Point University

The information on this page was last updated 6/19/2024. If you see errors or omissions, please email: [email protected]


Summary

At Point, our Christian faith grounds our mission and informs how we operate. We are equipping the next generation to take their faith into the marketplace in new and culturally-relevant ways-erasing the lines between who they are and what they do. We want students to see their life and their mission as one and the same.


Contact information

Mailing address:
Point University
507 West 10th St
West Point, GA 31833

Website: point.edu

Phone: 706-385-1000

Email: [email protected]


Organization details

EIN: 586044761

CEO/President: Dean C. Collins

Chairman: Andre Kennebrew

Board size: 14

Founder: Judge T. O. Hathcock

Ruling year: 1949

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2011


Purpose

Vision: To be the college of choice for students seeking a Christian learning community that is academically challenging, spiritually vibrant and globally engaged.


Mission statement

The mission of Point University is to educate students for Christ-centered service and leadership throughout the world.


Statement of faith

Point University is committed to the Lordship of Jesus Christ, the oneness of Christians, and the evangelization of the world. Since the unity of the church is created and maintained through a common faith in Jesus Christ, Point looks to the inspired biblical record for the foundation of its faith. The Bible is the source of our knowledge of God and His Son, Jesus Christ. The academic program of Point has at its center the Bible, and every degree includes a major or minor in biblical studies.

The trustees and employees of Point affirm the biblical concepts reflected in this statement of faith and have committed themselves to living a life that reflects their presence:

We believe in the one God, Creator of heaven and earth, who eternally exists in three persons: Father, Son and Holy Spirit.

We believe that God the Son assumed human nature, was born of a virgin, ministered in word and miracle, died for our sin, was raised bodily from the dead, ascended to God's right hand where he presently reigns.

We believe that the Holy Spirit indwells every Christian and is presently at work in the Christian community, empowering lives of godliness and service.

We believe that the Holy Bible is inspired by God, trustworthy in its teaching, and the final authority for all matters of faith and practice.

We believe that all of humanity, due to sin, is destined for death, corruption and separation from God apart from the redemptive work of Jesus Christ.

We believe that Jesus Christ established his church to be one holy people, to glorify God, and to carry out his saving mission among all nations.

We believe in God's saving grace that calls for faith, repentance, confession, baptism and new life and service through the Spirit.

We believe in the blessed hope of the second coming of Jesus Christ, who will raise the dead and judge all with justice and mercy, and in the consummation of the Kingdom of God.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating487 of 111260 of 131
Fund acquisition rating751 of 1114104 of 131
Resource allocation rating591 of 111462 of 131
Asset utilization rating211 of 111222 of 131

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
13%18%6%8%13%16%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%3%3%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
18%15%42%37%24%24%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%3%3%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
82%85%58%63%76%76%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%84%85%83%81%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%108%100%96%97%102%
Program output ratio Program output ratio =
Program services /
Total revenue
82%91%85%79%78%84%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%-8%0%4%3%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
1%-17%0%6%6%-4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%13%12%14%16%14%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.820.710.700.740.79
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.642.993.063.613.824.44
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.412.442.172.552.833.50
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.912.563.203.563.713.26
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.130.390.310.280.270.31
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.382.993.803.393.102.38
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%62%52%50%54%56%
Debt ratio Debt ratio =
Debt /
Total assets
11%39%41%39%41%40%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
147%47%68%71%62%56%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$10,343,919$7,906,098$7,488,156$8,988,199$7,113,226
Receivables, inventories, prepaids$6,059,265$6,854,805$4,724,805$2,701,258$2,716,388
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$16,403,184$14,760,903$12,212,961$11,689,457$9,829,614
Long-term investments$0$0$0$0$0
Fixed assets$26,022,217$29,598,215$31,899,028$33,014,251$33,859,216
Other long-term assets$6,582,697$795,634$0$0$0
Total long-term assets$32,604,914$30,393,849$31,899,028$33,014,251$33,859,216
Total assets$49,008,098$45,154,752$44,111,989$44,703,708$43,688,830
 
Liabilities20232022202120202019
Payables and accrued expenses$4,452,764$3,749,104$2,807,527$1,651,166$2,122,252
Other current liabilities$1,966,991$859,916$619,593$1,497,495$890,574
Total current liabilities$6,419,755$4,609,020$3,427,120$3,148,661$3,012,826
Debt$18,953,094$18,361,012$17,289,153$18,252,077$17,630,737
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$4,909,039$364,641$1,478,392$2,701,439$3,617,460
Total long-term liabilities$23,862,133$18,725,653$18,767,545$20,953,516$21,248,197
Total liabilities$30,281,888$23,334,673$22,194,665$24,102,177$24,261,023
 
Net assets20232022202120202019
Without donor restrictions$13,211,949$16,287,078$16,242,618$14,905,642$13,775,359
With donor restrictions$5,514,261$5,533,001$5,674,706$5,695,889$5,652,448
Net assets$18,726,210$21,820,079$21,917,324$20,601,531$19,427,807
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$5,425,595$13,418,657$11,893,101$8,117,665$8,131,000
Program service revenue$31,243,163$19,516,961$19,576,760$25,186,342$24,364,683
Membership dues$0$0$0$0$0
Investment income($72,877)($1,455,454)$44,720$163,184$41,940
Other revenue$407,588$483,168$887,422$797,628$1,164,086
Total other revenue$31,577,874$18,544,675$20,508,902$26,147,154$25,570,709
Total revenue$37,003,469$31,963,332$32,402,003$34,264,819$33,701,709
 
Expenses20232022202120202019
Program services$33,826,540$27,249,561$25,680,253$26,705,903$28,317,782
Management and general$5,297,443$3,977,230$4,487,988$5,340,663$4,755,842
Fundraising$973,355$833,786$917,969$1,044,529$1,339,421
Total expenses$40,097,338$32,060,577$31,086,210$33,091,095$34,413,045
 
Change in net assets20232022202120202019
Surplus (deficit)($3,093,869)($97,245)$1,315,793$1,173,724($711,336)
Other changes in net assets$0$0$0$0$0
Total change in net assets($3,093,869)($97,245)$1,315,793$1,173,724($711,336)

Compensation

NameTitleCompensation
Dr Dean C CollinsPresident$343,526
Stephen T WeaverProfessor - Business$151,772
Stacey A BartlettChief of Staff$123,960
Margaret HodgeHR Director$110,626
Joshua RiceProfessor - Biblical Studies$102,335
Sena LandeyInterim Cfo/Outsourced$40,000

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 6/19/2024. To update the information below, please email: [email protected]


History

Point University was founded as Atlanta Christian College in 1937 by Judge T. O. Hathcock (1879-1966), who served on the bench in Fulton County, Georgia, from 1914 until 1942. Point University's main campus is located in West Point, GA, while its historic campus was located in East Point, Ga., a suburb of Atlanta. The campus was a part of a 300-acre farm inherited by Mrs. Hathcock. With a barn, livestock and cultivated fields, the campus in its earliest days had a distinctly rural flavor.

Following its founding, Point University devoted attention primarily to the education of ministers, missionaries and other church-related workers. In 1965, the college became an accredited member of the American Association of Bible Colleges (AABC). In 1990, in conjunction with a broadening of the curriculum, the college was accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award the associate and baccalaureate degrees. The early childhood and middle grades education program have earned accreditation by the National Council on Accreditation of Teacher Education (NCATE) and the Professional Standards Commission (PSC) of the State of Georgia.

In February 2011, the board of trustees announced that the college's name would change to Point University on July 1. In fall 2012, the traditional, residential campus relocated to West Point, GA, and the growing Greater Valley area.

The University's curriculum currently offers majors in areas of study ranging from biblical studies to biology. Degree programs are offered for traditional college students, high school students pursuing dual credit enrollment, working adults and graduate level students. Its main campus is located in West Point, Ga., with various site locations as well as online.


Program accomplishments


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