Colorado Christian University

The information on this page was last updated 5/7/2024. If you see errors or omissions, please email: [email protected]


Summary

Colorado Christian University is the premier interdenominational Christian college in Colorado and the eight-state Rocky Mountain region, delivering world class education to thousands of students. The University offers more than 200 academic program options in a variety of disciplines for traditional and adult students through its College of Undergraduate Studies and College of Adult and Graduate Studies and CCU Online.

The Strobel Center for Applied Apologetics at CCU focuses on equipping a vast network of Christians who are actively engaged in the marketplace of ideas in local churches and communities, in the media, in the entertainment world, on the internet, and throughout popular culture in order to bring spiritual renewal to the church in America.


Contact information

Mailing address:
Colorado Christian University
8787 W Alameda Ave
Lakewood, CO 80226

Website: ccu.edu

Phone: (303) 963-3000

Email: [email protected]


Organization details

EIN: 840442429

CEO/President: Eric Hogue

Chairman: Wil Armstrong

Board size: 21

Founder: Clifton Fowler

Ruling year: 1954

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1981


Purpose

Christ-centered community of learners and scholars committed to the integration of exemplary academics, spiritual formation, and engagement with the world.


Mission statement

Christ-centered higher education transforming students to impact the world with grace and truth.

Colorado Christian University cultivates knowledge and love of God in a Christ-centered community of learners and scholars, with an enduring commitment to the integration of exemplary academics, spiritual formation, and engagement with the world. We envision graduates who think critically and creatively, lead with high ethical and professional standards, embody the character and compassion of Jesus Christ, treasure the gospel, and who thereby are prepared to impact the world in their callings.


Statement of faith

Colorado Christian University unites with the broad, historic evangelical faith rather than affiliating with any specific denomination. In this commitment, the University embraces the following declarations of the National Association of Evangelicals:

We Believe the Bible to be the inspired, the only infallible, authoritative Word of God.

We Believe that there is one God, eternally existent in three persons: Father, Son and Holy Spirit.

We Believe in the deity of our Lord Jesus Christ, in His virgin birth, in His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father, and in His personal return in power and glory.

We Believe that for the salvation of lost and sinful people, regeneration by the Holy Spirit is absolutely essential.

We Believe in the present ministry of the Holy Spirit by whose indwelling the Christian is enabled to live a godly life.

We Believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation.

We Believe in the spiritual unity of believers in our Lord Jesus Christ.

These declarations do not comprise all that individual Christians may consider important elements of faith; rather, they establish the essential framework within which members of the University both unite in shared beliefs and explore differences.

Donor confidence score

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Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating657 of 111079 of 129
Fund acquisition rating825 of 1111107 of 129
Resource allocation rating759 of 111189 of 129
Asset utilization rating248 of 111023 of 129

Financial ratios

Funding ratiosSector median20232022202120202019
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%26%13%17%15%18%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%2%2%2%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
20%8%16%11%10%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%92%84%89%90%92%
 
Operating ratiosSector median20232022202120202019
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%80%79%80%82%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%105%97%95%98%89%
Program output ratio Program output ratio =
Program services /
Total revenue
80%84%77%76%80%72%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%-5%3%5%2%11%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-6%3%5%2%11%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%18%19%18%16%18%
 
Investing ratiosSector median20232022202120202019
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.750.690.590.570.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.692.962.612.472.733.06
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.442.241.811.461.561.74
 
Liquidity ratiosSector median20232022202120202019
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.233.894.235.365.216.66
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.260.240.190.190.15
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.293.995.066.686.225.85
 
Solvency ratiosSector median20232022202120202019
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%34%34%34%36%33%
Debt ratio Debt ratio =
Debt /
Total assets
11%24%25%26%28%26%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
151%88%95%112%113%117%

Financials

Balance sheet
 
Assets20232022202120202019
Cash$8,493,425$26,096,839$28,992,594$40,431,763$33,609,209
Receivables, inventories, prepaids$21,561,297$15,809,217$13,197,351$11,679,987$7,377,371
Short-term investments$38,007,227$38,307,090$43,063,797$22,451,247$21,883,683
Other current assets$0$0$0$0$0
Total current assets$68,061,949$80,213,146$85,253,742$74,562,997$62,870,263
Long-term investments$4,219,708$4,323,240$4,468,891$4,545,747$5,396,376
Fixed assets$128,488,654$124,477,647$118,642,885$120,847,616$117,719,185
Other long-term assets$1,024,489$169,969$2,136,888$3,568,117$6,086,177
Total long-term assets$133,732,851$128,970,856$125,248,664$128,961,480$129,201,738
Total assets$201,794,800$209,184,002$210,502,406$203,524,477$192,072,001
 
Liabilities20232022202120202019
Payables and accrued expenses$8,943,092$8,629,232$5,981,877$4,554,708$4,547,997
Other current liabilities$8,553,498$10,322,113$9,916,876$9,755,756$4,898,107
Total current liabilities$17,496,590$18,951,345$15,898,753$14,310,464$9,446,104
Debt$48,820,588$51,365,278$53,824,384$57,345,923$49,569,526
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$1,303,348$331,736$919,175$910,549$5,005,337
Total long-term liabilities$50,123,936$51,697,014$54,743,559$58,256,472$54,574,863
Total liabilities$67,620,526$70,648,359$70,642,312$72,566,936$64,020,967
 
Net assets20232022202120202019
Without donor restrictions$90,271,574$99,483,600$112,253,824$109,460,413$111,717,993
With donor restrictions$43,902,700$39,052,043$27,606,270$21,497,128$16,333,041
Net assets$134,174,274$138,535,643$139,860,094$130,957,541$128,051,034
 
Revenues and expenses
 
Revenue20232022202120202019
Total contributions$11,446,624$23,493,241$14,987,027$12,411,216$9,594,786
Program service revenue$134,500,594$121,755,658$113,300,354$102,153,172$106,112,765
Membership dues$0$0$0$0$0
Investment income($1,245,718)$3,613,228$2,517,069$4,173,671$7,755,737
Other revenue$109,995$95,761$84,074$98,515$62,174
Total other revenue$133,364,871$125,464,647$115,901,497$106,425,358$113,930,676
Total revenue$144,811,495$148,957,888$130,888,524$118,836,574$123,525,462
 
Expenses20232022202120202019
Program services$121,952,447$114,379,826$99,629,105$95,618,850$88,392,407
Management and general$27,227,033$27,701,064$22,395,639$18,714,547$19,378,566
Fundraising$3,015,190$3,132,913$2,485,908$1,838,994$1,741,663
Total expenses$152,194,670$145,213,803$124,510,652$116,172,391$109,512,636
 
Change in net assets20232022202120202019
Surplus (deficit)($7,383,175)$3,744,085$6,377,872$2,664,183$14,012,826
Other changes in net assets$0$0$0$0$0
Total change in net assets($7,383,175)$3,744,085$6,377,872$2,664,183$14,012,826

Compensation

NameTitleCompensation
Daniel CohrsExecutive VP$304,530
Donald SweetingChancellor$274,211
James McCormickVP Cags Enrollment$228,702
Eric HoguePresident$227,920
Allison BurkhartVP Cags Enrollment$227,188
Shannon DreyfussVP Campus Development$225,250
Sarah ScherlingVP Academic Affairs/ Cags$224,959
John GarrisAvp of HR$211,537
Iain WightmanVP of Finance & Technology$159,772
Tim McTavishInterim President$138,031
Thomas ScheffelCorporate Counsel/Secretary$9,150

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 5/7/2024. To update the information below, please email: [email protected]


History

In 1914, Denver Bible Institute was founded on two principles - grace and truth. The first classes encompassed only two students and one teacher, but from those modest beginnings, Colorado Christian University was born.

In 1945, Denver Bible Institute became Denver Bible College, a four-year college with three academic schools: the College of Liberal Arts, the Theological School, and the Bible Institute. Four years later, the school became Rockmont College - around the same time that Western Bible Institute was founded.

It wasn't until the 1980s that drastic change occurred again. The two schools merged in 1985, forming Colorado Christian College. By 1989, however, the need for a flagship Christian institution in Colorado was evident: Colorado Baptist University joined Colorado Christian College to form the school we know today.

Throughout our history, CCU has seen God's hand orchestrating each step in the journey and we look toward the future with great anticipation for where he will lead us as the journey continues.

Today, there are more than 9,000 CCU undergraduate and graduate students spread throughout all 50 states and several countries - scholars dedicated to integrating high-level academics with timeless faith. More than 100 years later, students continue to learn in grace and truth.

Through the years many things about Colorado Christian University have changed. The University now consists of two colleges, the College of Undergraduate Studies with a traditional residential program and the College of Adult and Graduate Studies, offering undergraduate programs and master's degrees for adult students.

Thousands of students have come and gone, the campus facilities have seen countless improvements, new programs have been launched to train the next generation of Christian leaders, students have gone on mission trips to countries that didn't exist when we were founded, and the University has been blessed by growing enrollments. Even now CCU continues to grow and change with a firm foundation that rests on the grace and truth of Christ.


Program accomplishments

As a member of the Council of Christian Colleges and Universities, CCU is ranked among the top universities nationwide.


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