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

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating698 of 110292 of 129
Fund acquisition rating698 of 110393 of 129
Resource allocation rating140 of 110313 of 129
Asset utilization rating1054 of 1102127 of 129

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%13%18%27%20%26%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%1%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
22%14%8%6%8%7%
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
78%86%92%94%92%93%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%92%92%93%92%92%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%85%88%94%89%90%
Program output ratio Program output ratio =
Program services /
Total revenue
77%78%81%87%82%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%15%12%6%11%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%7%5%3%5%5%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%6%6%6%6%6%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.310.300.340.330.32
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.6110.959.1312.7511.7713.02
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.403.402.764.333.894.16
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.633.163.702.482.202.13
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.320.270.400.450.47
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.372.413.181.651.691.53
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%16%18%22%24%26%
Debt ratio Debt ratio =
Debt /
Total assets
12%10%12%14%16%18%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
152%269%270%228%229%232%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$30,818,959$38,980,741$22,858,421$24,768,758$19,868,358
Receivables, inventories, prepaids$5,504,540$3,396,013$4,425,606$5,059,151$6,642,587
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$36,323,499$42,376,754$27,284,027$29,827,909$26,510,945
Long-term investments$172,941,520$154,937,301$122,985,716$120,687,223$121,723,672
Fixed assets$186,416,265$187,443,809$195,385,570$198,370,176$196,182,455
Other long-term assets$1,995,177$2,001,962$2,238,117$2,307,314$679,027
Total long-term assets$361,352,962$344,383,072$320,609,403$321,364,713$318,585,154
Total assets$397,676,461$386,759,826$347,893,430$351,192,622$345,096,099
 
Liabilities20222021202020192018
Payables and accrued expenses$8,557,888$8,625,006$9,084,194$11,371,504$10,555,414
Other current liabilities$2,948,741$2,813,144$1,915,196$2,169,131$1,901,607
Total current liabilities$11,506,629$11,438,150$10,999,390$13,540,635$12,457,021
Debt$41,492,828$46,032,324$50,424,863$55,901,731$61,176,353
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$11,525,048$13,682,760$16,640,210$16,275,184$15,724,270
Total long-term liabilities$53,017,876$59,715,084$67,065,073$72,176,915$76,900,623
Total liabilities$64,524,505$71,153,234$78,064,463$85,717,550$89,357,644
 
Net assets20222021202020192018
Without donor restrictions$215,479,237$199,754,867$177,255,763$173,065,630$160,151,462
With donor restrictions$117,672,719$115,851,725$92,573,204$92,409,442$95,586,993
Net assets$333,151,956$315,606,592$269,828,967$265,475,072$255,738,455
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$19,880,150$10,936,641$7,856,929$10,439,543$8,710,759
Program service revenue$119,403,715$116,840,638$112,525,833$114,627,491$108,675,881
Membership dues$0$0$0$0$0
Investment income$6,207,579$5,716,694$5,423,431$5,493,569$5,400,010
Other revenue$3,017$776$5,970$6,042$2,795
Total other revenue$125,614,311$122,558,108$117,955,234$120,127,102$114,078,686
Total revenue$145,494,461$133,494,749$125,812,163$130,566,645$122,789,445
 
Expenses20222021202020192018
Program services$113,381,204$107,835,447$109,294,157$107,099,711$101,287,278
Management and general$7,688,023$7,018,158$6,736,545$6,827,213$6,789,349
Fundraising$2,551,454$1,966,014$2,082,112$2,059,054$2,283,204
Total expenses$123,620,681$116,819,619$118,112,814$115,985,978$110,359,831
 
Change in net assets20222021202020192018
Surplus (deficit)$21,873,780$16,675,130$7,699,349$14,580,667$12,429,614
Other changes in net assets$0$0$0$0$0
Total change in net assets$21,873,780$16,675,130$7,699,349$14,580,667$12,429,614

Compensation

NameTitleCompensation
Randal O'RearPresident$691,436
Steve TheodoreCOO & Sr VP For Admin$352,045
John VassarProvost & Sr VP For Academ$340,200
Jennifer RammVP For Business & Finance$291,945
Colin WilbornDean - Executive Dean$281,369
Cliffa FosterDean - School of Exercise$238,050
Susan OwensVP of Human Resources$230,751
Rebecca O'BanionVP For Advancement$220,771
Kenneth SmithDean - College of Business$215,703

Compensation data as of: 5/31/2022


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 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


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