Bushnell University

The information on this page was last updated 2/13/2023. If you see errors or omissions, please email: [email protected]


Summary

Bushnell University fosters wisdom, faith, and service through excellent academic programs within a Christ-centered community.


Contact information

Mailing address:
Bushnell University
828 E. 11th Ave.
Eugene, OR 97401

Website: bushnell.edu

Phone: 541-684-7201

Email: [email protected]


Organization details

EIN: 930433696

CEO/President: Joseph D. Womack

Chairman: Kim Williams

Board size: 25

Founder: Eugene Sanderson, James Bushnell

Ruling year: 1936

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2017


Purpose

Bushnell University aspires to be characterized by its commitment to equip students to discover and answer God's call in their lives.

Bushnell University achieves this vision through academic excellence and faithful stewardship in a Christ-centered community that develops purposeful graduates.


Mission statement

Bushnell University fosters wisdom, faith, and service through excellent academic programs within a Christ-centered community.


Statement of faith

At Bushnell University, we seek to highlight our Christian identity in ways that unite Christians everywhere, and not in ways that tend to cause division between various groups of Christians. In this spirit, we believe that Jesus is the Christ, the Son of the Living God, and we proclaim him Lord and Savior of the world.

We receive the Bible as Holy Scripture and we expect God to speak to the world today through the words of Scripture by the power of the Holy Spirit.

We understand the Church in all its diversity to be the Body of Christ, empowered by the Holy Spirit as God's agent of reconciliation in the world.

We believe the love of God, expressed in Jesus Christ, accessed by faith, has the power to change lives.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating198 of 111020 of 129
Fund acquisition rating17 of 11115 of 129
Resource allocation rating477 of 111154 of 129
Asset utilization rating536 of 111071 of 129

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%4%7%18%18%19%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%2%2%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
20%49%25%14%19%17%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%3%2%3%4%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
80%51%75%86%81%83%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%86%75%77%83%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%68%81%88%90%99%
Program output ratio Program output ratio =
Program services /
Total revenue
80%59%60%67%75%74%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%32%19%12%10%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%31%19%16%12%2%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%11%23%21%13%21%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.470.530.600.610.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.691.891.581.741.801.86
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.440.890.831.041.101.17
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.2314.4615.989.988.067.63
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.070.060.100.120.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.2912.5213.4810.419.588.90
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%28%35%47%45%51%
Debt ratio Debt ratio =
Debt /
Total assets
11%23%29%39%37%43%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
151%153%124%90%90%78%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$3,497,566$5,760,022$4,421,074$2,068,331$1,162,441
Receivables, inventories, prepaids$8,857,723$2,241,147$1,708,852$2,023,704$2,186,014
Short-term investments$17,067,714$20,505,176$16,325,393$16,320,755$15,593,698
Other current assets$0$0$0$0$0
Total current assets$29,423,003$28,506,345$22,455,319$20,412,790$18,942,153
Long-term investments$0$0$0$0$0
Fixed assets$26,276,958$16,518,789$16,629,592$15,871,332$15,837,618
Other long-term assets$0$0$0$512,390$515,216
Total long-term assets$26,276,958$16,518,789$16,629,592$16,383,722$16,352,834
Total assets$55,699,961$45,025,134$39,084,911$36,796,512$35,294,987
 
Liabilities20222021202020192018
Payables and accrued expenses$1,312,311$1,128,655$1,479,286$1,574,441$1,558,121
Other current liabilities$722,123$654,753$771,198$957,733$925,596
Total current liabilities$2,034,434$1,783,408$2,250,484$2,532,174$2,483,717
Debt$12,761,599$13,244,613$15,360,717$13,718,059$15,132,561
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$781,985$513,348$564,906$448,218$400,017
Total long-term liabilities$13,543,584$13,757,961$15,925,623$14,166,277$15,532,578
Total liabilities$15,578,018$15,541,369$18,176,107$16,698,451$18,016,295
 
Net assets20222021202020192018
Without donor restrictions$16,519,699$7,891,143$5,014,458$3,550,405$1,658,370
With donor restrictions$23,602,244$21,592,622$15,894,346$16,547,656$15,620,322
Net assets$40,121,943$29,483,765$20,908,804$20,098,061$17,278,692
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$19,079,410$7,468,853$3,653,473$4,624,083$3,872,277
Program service revenue$18,803,370$19,731,611$19,911,373$19,035,507$17,735,007
Membership dues$0$0$0$0$0
Investment income$644,143$1,950,134$2,614,732$705,256$451,473
Other revenue$24,401$341,077$385,850$459,943$421,090
Total other revenue$19,471,914$22,022,822$22,911,955$20,200,706$18,607,570
Total revenue$38,551,324$29,491,675$26,565,428$24,824,789$22,479,847
 
Expenses20222021202020192018
Program services$22,622,173$17,789,489$17,832,939$18,574,423$16,738,505
Management and general$2,905,150$5,465,451$4,819,468$2,994,884$4,694,223
Fundraising$731,361$529,291$644,090$830,179$749,345
Total expenses$26,258,684$23,784,231$23,296,497$22,399,486$22,182,073
 
Change in net assets20222021202020192018
Surplus (deficit)$12,292,640$5,707,444$3,268,931$2,425,303$297,774
Other changes in net assets$0$0$0$0$0
Total change in net assets$12,292,640$5,707,444$3,268,931$2,425,303$297,774

Compensation

NameTitleCompensation
Joseph WomackPresident$244,823
Dennis Lindsay Dean ofVP Academic Affairs & Faculty$243,911
Gene de Young CFOVP For Finance & Administration$158,407
Michael FullerVP Enrollment & Student Development$118,098
Keith PotterVP For University Advancement$108,084

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 2/13/2023. To update the information below, please email: [email protected]


History

Bushnell University first opened its doors in 1895 and remains committed to preparing students for purpose-driven lives within a Christ-centered environment.

Our roots in delivering life-changing education within a Christian environment reach back over 125 years to what was then a small town in western Oregon. Founded by resourceful, forward-thinking leaders such as pastor-educator Eugene C. Sanderson and pioneer businessman and church leader James A. Bushnell, our institution has always rested on the underpinnings of wisdom, faith, service, and preparing students for fulfilling, purpose-driven lives.

Originally founded as Eugene Divinity School in 1895, the university has undergone a number of transformations in our storied history-all reflecting changing realities and aspirations. From its time as Eugene Bible University to Eugene Bible College to Northwest Christian College to Northwest Christian University, our institution has remained devoted to a foundation of optimism, academic excellence, service to others, and strong Christian faith.

Bushnell University honors our school's first president of the Board of Regents, James A. Bushnell, and his steadfast faith, grit, determination, community-mindedness, and visionary spirit. Today, with record enrollments and more academic programs than ever, Bushnell University remains committed to encouraging the intellectual and spiritual discovery that prepares students for successful, fulfilling lives in career, faith, family, and community.

Through Bushnell University's openhearted character, proud heritage, and dedication to student success, we ignite passions for lifelong learning, serving those around us, and the positive, transformative power of faith.

For today, and for the next 125 years.


Program accomplishments


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