University of Mary Hardin-Baylor

The information on this page was last updated 1/10/2024. If you see errors or omissions, please email: [email protected]


Summary

For 177 years, the University of Mary Hardin-Baylor has equipped students for purposeful lives that honor God. As the oldest continually operating university in Texas, we are fiercely proud of and immensely grateful for our unique story.

Propelled by an unapologetically Kingdom-minded commitment, UMHB is dedicated to helping students deepen their faith while championing each student's remarkable potential.

Together, we live with purpose, on purpose.


Contact information

Mailing address:
University of Mary Hardin-Baylor
900 College St #8003
Belton, TX 76513-2578

Website: go.umhb.edu

Phone: 254-295-4698

Email: [email protected]


Organization details

EIN: 741161940

CEO/President: Randy O'Rear, Ed.D.

Chairman: Vince J. Banks

Board size: 37

Founder: Robert Emmett Bledsoe Baylor

Ruling year: 1964

Tax deductible: Yes

Fiscal year end: 05/31

Member of ECFA: No

Member of ECFA since:


Purpose

UMHB will be the university of choice for Christian higher education in the Southwest.

Imperatives:

We will deepen our commitment to our Christian mission and Baptist heritage.
We will offer a high-quality educational experience while remaining one of the most competitively priced private universities in the Southwest.
We will offer exceptional academic programs that distinguish UMHB as a leading university.
We will strengthen our commitment to excellent teaching.
We will be recognized for our student-focused culture.
We will foster and grow a robust residential campus community.
We will cultivate a campus culture of global engagement.
We will provide attractive facilities that advance student learning and campus life.
We will secure the financial resources needed to accomplish our vision.
We will hire, develop, and retain highly qualified people who are passionate about contributing to the UMHB experience.


Mission statement

The University of Mary Hardin-Baylor prepares students for leadership, service, and faith-informed discernment in a global society. Academic excellence, personal attention, broad-based scholarship and a commitment to a Baptist vision for education distinguish our Christ-centered learning community.


Statement of faith

Christian Faith and the Intellectual Life

We recognize that all truth, whether revealed in Scripture or creation, has its origin in God. Since all truth is grounded in God, we believe that the pursuit of truth and the Christian faith are mutually reinforcing. We strive to develop graduates who integrate Christian perspectives and attitudes into every dimension of life: character, relationships, vocation, and service. To empower students to integrate a passionate Christian faith with human knowledge, we dedicate ourselves not only to grounding them in the basics of Scripture and in the historical beliefs of the Christian faith, but also to broadening their horizons, deepening their insight, sharpening their intellect, and cultivating their ability to appreciate the good, the true, and the beautiful. We seek committed Christians for our faculty and staff who will support the university's mission and who will be active participants in their local church. In short, our goal is to produce graduates who love God with their whole mind.

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 rating784 of 1112104 of 130
Fund acquisition rating861 of 1113109 of 130
Resource allocation rating134 of 111311 of 130
Asset utilization rating1066 of 1112128 of 130

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%41%13%18%27%20%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%2%1%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
20%5%14%8%6%8%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
80%95%86%92%94%92%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%92%92%92%93%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%91%85%88%94%89%
Program output ratio Program output ratio =
Program services /
Total revenue
79%84%78%81%87%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%9%15%12%6%11%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%3%7%5%3%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%6%6%6%6%6%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.310.310.300.340.33
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.7012.6510.959.1312.7511.77
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.453.943.402.764.333.89
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.082.373.163.702.482.20
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.420.320.270.400.45
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.221.762.413.181.651.69
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
25%13%16%18%22%24%
Debt ratio Debt ratio =
Debt /
Total assets
11%7%10%12%14%16%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
148%279%269%270%228%229%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$23,988,976$30,818,959$38,980,741$22,858,421$24,768,758
Receivables, inventories, prepaids$6,802,567$5,504,540$3,396,013$4,425,606$5,059,151
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$30,791,543$36,323,499$42,376,754$27,284,027$29,827,909
Long-term investments$171,902,674$172,941,520$154,937,301$122,985,716$120,687,223
Fixed assets$184,268,977$186,416,265$187,443,809$195,385,570$198,370,176
Other long-term assets$2,573,411$1,995,177$2,001,962$2,238,117$2,307,314
Total long-term assets$358,745,062$361,352,962$344,383,072$320,609,403$321,364,713
Total assets$389,536,605$397,676,461$386,759,826$347,893,430$351,192,622
 
Liabilities20232022202120202019
Payables and accrued expenses$7,794,162$8,557,888$8,625,006$9,084,194$11,371,504
Other current liabilities$5,212,994$2,948,741$2,813,144$1,915,196$2,169,131
Total current liabilities$13,007,156$11,506,629$11,438,150$10,999,390$13,540,635
Debt$27,930,790$41,492,828$46,032,324$50,424,863$55,901,731
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$10,140,982$11,525,048$13,682,760$16,640,210$16,275,184
Total long-term liabilities$38,071,772$53,017,876$59,715,084$67,065,073$72,176,915
Total liabilities$51,078,928$64,524,505$71,153,234$78,064,463$85,717,550
 
Net assets20232022202120202019
Without donor restrictions$222,231,177$215,479,237$199,754,867$177,255,763$173,065,630
With donor restrictions$116,226,500$117,672,719$115,851,725$92,573,204$92,409,442
Net assets$338,457,677$333,151,956$315,606,592$269,828,967$265,475,072
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$6,468,733$19,880,150$10,936,641$7,856,929$10,439,543
Program service revenue$119,074,277$119,403,715$116,840,638$112,525,833$114,627,491
Membership dues$0$0$0$0$0
Investment income$7,102,584$6,207,579$5,716,694$5,423,431$5,493,569
Other revenue$2,262$3,017$776$5,970$6,042
Total other revenue$126,179,123$125,614,311$122,558,108$117,955,234$120,127,102
Total revenue$132,647,856$145,494,461$133,494,749$125,812,163$130,566,645
 
Expenses20232022202120202019
Program services$111,864,463$113,381,204$107,835,447$109,294,157$107,099,711
Management and general$6,797,786$7,688,023$7,018,158$6,736,545$6,827,213
Fundraising$2,643,858$2,551,454$1,966,014$2,082,112$2,059,054
Total expenses$121,306,107$123,620,681$116,819,619$118,112,814$115,985,978
 
Change in net assets20232022202120202019
Surplus (deficit)$11,341,749$21,873,780$16,675,130$7,699,349$14,580,667
Other changes in net assets$0$0$0$0$0
Total change in net assets$11,341,749$21,873,780$16,675,130$7,699,349$14,580,667

Compensation

NameTitleCompensation
Randal O'RearPresident$745,579
John VassarProvost & Sr VP For Academ$375,918
Steve TheodoreCOO & Sr VP For Admin$357,669
Jennifer RammVP For Business & Finance$304,594
Colin WilbornDean - Executive Dean$279,286
Cliffa FosterDean - School of Exercise$236,931
Susan OwensVP of Human Resources$233,630
Rebecca O'BanionVP For Advancement$229,442
Brandon SkaggsVP For Student Life$215,399

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 1/10/2024. To update the information below, please email: [email protected]


History

The University of Mary Hardin-Baylor traces its distinguished history to the days when Texas had yet to gain statehood and when Baptist missionary work was just beginning in the frontier Republic. As early as 1839, representatives of churches in Washington County issued an appeal to the Home Mission Board of New York to inaugurate a missionary movement in Texas. Missionaries Rev. James Huckins and Rev. William M. Tryon were sent, and soon after, Judge R.E.B. Baylor came to Texas as a teacher, lawyer, soldier and preacher. Tryon and Baylor were appointed to prepare a charter to establish a Baptist university. On February 1, 1845, a charter was granted by the 9th Congress of the Republic of Texas, approved by President Anson Jones at Washington-on-the-Brazos, and the long awaited Baptist university became a reality.

The school initially included a Preparatory Division in addition to co-educational classes for college students. In 1851, under the same charter, a Female Department and a Male Department were created, ending co-education. In 1866, the Female Department obtained a separate charter and its own board of trustees.

In 1886, due to changing transportation and economics in the area, it was deemed necessary to move both schools. The Male Department consolidated with Waco University in Waco, Texas, retaining the name Baylor University. The Female Department (Baylor Female College since the 1866 separation) moved to Belton, Texas. Since the move to Belton, the school has undergone several name changes including: 1925, Baylor College for Women; 1934, Mary Hardin-Baylor College (named in honor of a benefactor); and 1978, University of Mary Hardin-Baylor. In 1971, the oldest college for women west of the Mississippi became co-educational.

UMHB's illustrious history includes such notable milestones as starting the first work-study program for women in a college west of the Mississippi (1893); serving as the campus model for the Baptist Student Union (1920); establishing the first school of journalism in a college for women in America and being the second institution in Texas to offer the degree of Bachelor of Journalism (1921); and being recognized as the first Texas Baptist college accepted into full membership in the Southern Association of Colleges and Schools (1926).

Since these auspicious "firsts," UMHB has continued to make history as a leader in the fields of education, business, nursing, and church leadership; in athletics through conference and national play; and in other important areas of campus life.

Today, UMHB enjoys a robust student enrollment of around 3,900 students and employs more than 400 full-time faculty and staff committed to Christian higher education.


Program accomplishments


Needs