Campbellsville University

The information on this page was last updated 2/6/2023. If you see errors or omissions, please email: [email protected]


Summary

Campbellsville University is a private, comprehensive Christian institution located in South Central Kentucky that has an enrollment of over 4,500 students who represent 93 Kentucky counties, 27 states and 50 foreign nations, with over 13,000 alumni. The University is a non-profit 501 (c)(3) corporation.


Contact information

Mailing address:
Campbellsville University
1 University Drive
Campbellsville, KY 42718

Website: campbellsville.edu

Phone: 800-264-6014

Email: [email protected]


Organization details

EIN: 610469267

CEO/President: Joe Hopkins

Chairman:

Board size: 33

Founder:

Ruling year: 1943

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

To foster academic excellence through pre-professional certificates, associates, baccalaureate, and graduate programs through traditional, technical, and online systems. To achieve academic excellence through rigor and relevancy in undergraduate, master's and doctoral level programs. To provide an environment conducive for student success. To value diverse perspectives within a Christ-centered community. To model servant leadership and effective stewardship.


Mission statement

Campbellsville University is a comprehensive, Christian institution that offers non-credit technical programs, along with certificates, associates, undergraduate and graduate programs. The university is dedicated to academic excellence solidly grounded in the liberal arts that fosters personal growth, integrity and professional preparation within a caring environment. The university prepares students as Christian servant leaders for life-long learning, continued scholarship by linking discovery research to knowledge at the doctoral level, and active participation in a diverse, global society.


Statement of faith

Donor confidence score

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Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating131 of 11028 of 129
Fund acquisition rating376 of 110342 of 129
Resource allocation rating88 of 11035 of 129
Asset utilization rating359 of 110241 of 129

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%6%12%28%42%39%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%1%2%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
22%15%8%5%4%4%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%1%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
78%85%92%95%96%96%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%93%90%93%90%93%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%94%87%85%76%86%
Program output ratio Program output ratio =
Program services /
Total revenue
77%87%79%79%68%80%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%6%13%15%24%14%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%6%13%19%37%26%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%6%9%6%8%6%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.620.630.730.770.85
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.612.853.223.022.492.68
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.401.762.032.191.912.28
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.635.844.633.805.045.04
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.170.220.260.200.20
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.375.674.634.045.054.22
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%30%28%33%35%45%
Debt ratio Debt ratio =
Debt /
Total assets
12%23%18%24%26%36%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
152%114%114%92%85%64%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$26,729,862$20,572,752$19,461,631$17,437,282$15,087,192
Receivables, inventories, prepaids$9,921,103$7,340,277$8,659,122$8,575,314$7,098,017
Short-term investments$36,864,538$33,271,430$29,377,514$33,464,664$19,227,599
Other current assets$0$0$0$0$0
Total current assets$73,515,503$61,184,459$57,498,267$59,477,260$41,412,808
Long-term investments$0$0$0$0$0
Fixed assets$126,787,514$125,196,914$112,321,771$84,725,322$66,247,348
Other long-term assets$8,891,765$10,860,906$3,893,522$3,679,773$3,380,976
Total long-term assets$135,679,279$136,057,820$116,215,293$88,405,095$69,628,324
Total assets$209,194,782$197,242,279$173,713,560$147,882,355$111,041,132
 
Liabilities20222021202020192018
Payables and accrued expenses$8,883,861$10,448,429$10,795,296$6,396,125$5,024,669
Other current liabilities$3,703,345$2,772,231$4,316,006$5,397,720$3,192,500
Total current liabilities$12,587,206$13,220,660$15,111,302$11,793,845$8,217,169
Debt$48,423,686$35,808,567$40,976,012$38,112,562$40,462,579
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,464,239$6,774,088$1,315,806$1,795,937$1,826,082
Total long-term liabilities$49,887,925$42,582,655$42,291,818$39,908,499$42,288,661
Total liabilities$62,475,131$55,803,315$57,403,120$51,702,344$50,505,830
 
Net assets20222021202020192018
Without donor restrictions$110,920,451$108,488,368$90,851,152$71,316,948$36,793,223
With donor restrictions$35,799,200$32,950,596$25,459,288$24,863,063$23,742,079
Net assets$146,719,651$141,438,964$116,310,440$96,180,011$60,535,302
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$21,091,404$11,130,434$6,894,316$5,532,742$3,934,976
Program service revenue$112,870,422$125,712,556$134,863,900$138,615,449$102,549,185
Membership dues$0$0$0$0$0
Investment income$2,401,696$2,494,211$1,894,733$1,592,163$917,091
Other revenue$821,622$2,989,273$3,938,530$3,493,460$2,581,532
Total other revenue$116,093,740$131,196,040$140,697,163$143,701,072$106,047,808
Total revenue$137,185,144$142,326,474$147,591,479$149,233,814$109,982,784
 
Expenses20222021202020192018
Program services$119,954,088$112,217,746$116,611,377$102,121,417$87,546,245
Management and general$7,883,110$10,585,020$7,433,358$8,964,204$5,252,197
Fundraising$1,206,870$1,390,844$1,912,318$2,309,357$1,545,256
Total expenses$129,044,068$124,193,610$125,957,053$113,394,978$94,343,698
 
Change in net assets20222021202020192018
Surplus (deficit)$8,141,076$18,132,864$21,634,426$35,838,836$15,639,086
Other changes in net assets$0$0$0$0$0
Total change in net assets$8,141,076$18,132,864$21,634,426$35,838,836$15,639,086

Compensation

NameTitleCompensation
Dr Michael V CarterFormer President$379,176
Dr H Keith SpearsChancellor$356,175
Mr Kiran PallaInstructor In Business$273,817
Dr Anil PallaAsst Professor of Business$259,833
Dr Nagamani PallaLead Professor of Ba500$244,435
Dr Donna HedgepathProvost/Vp Acad Affairs$222,999
Dr Sunny OnyiriProfessor Business/Accounting$222,478
Dr Patricia CowherdProfessor of Business$199,494
Mr Timothy JuddVP of Finance$167,653
Dr John ConnerExecutive Director of Ops Gbp$167,579
Mr Otto TennantSVP Operations & Admin$163,230
Mr Claude HollingsworthVP Student Services/Athletics$154,769
Dr Benji KellyVP Development$152,367
Dr Michael Shane GarrisonVP Enrollment Services$134,052

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 2/6/2023. To update the information below, please email: [email protected]


History


Program accomplishments

Campbellsville University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award certificates, associate, bachelors, masters and doctoral degrees.


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