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
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 790 of 1118 | 102 of 130 |
| Fund acquisition rating | | 845 of 1119 | 110 of 130 |
| Resource allocation rating | | 136 of 1119 | 10 of 130 |
| Asset utilization rating | | 1070 of 1118 | 128 of 130 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 13% | 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 | 18% | 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 | 82% | 95% | 86% | 92% | 94% | 92% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 92% | 92% | 92% | 93% | 92% |
Spending ratio Spending ratio = Total expenses / Total revenue | 98% | 91% | 85% | 88% | 94% | 89% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 84% | 78% | 81% | 87% | 82% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 2% | 9% | 15% | 12% | 6% | 11% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 1% | 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 ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.51 | 0.31 | 0.31 | 0.30 | 0.34 | 0.33 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.61 | 12.65 | 10.95 | 9.13 | 12.75 | 11.77 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.41 | 3.94 | 3.40 | 2.76 | 4.33 | 3.89 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 7.92 | 2.37 | 3.16 | 3.70 | 2.48 | 2.20 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.13 | 0.42 | 0.32 | 0.27 | 0.40 | 0.45 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 7.43 | 1.76 | 2.41 | 3.18 | 1.65 | 1.69 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 24% | 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 | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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 assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| 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
| Name | Title | Compensation |
| Randal O'Rear | President | $745,579 |
| John Vassar | Provost & Sr VP For Academ | $375,918 |
| Steve Theodore | COO & Sr VP For Admin | $357,669 |
| Jennifer Ramm | VP For Business & Finance | $304,594 |
| Colin Wilborn | Dean - Executive Dean | $279,286 |
| Cliffa Foster | Dean - School of Exercise | $236,931 |
| Susan Owens | VP of Human Resources | $233,630 |
| Rebecca O'Banion | VP For Advancement | $229,442 |
| Brandon Skaggs | VP 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.