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 rating789 of 109496 of 126
Fund acquisition rating736 of 109794 of 126
Resource allocation rating857 of 109797 of 126
Asset utilization rating458 of 109444 of 126

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%18%18%19%17%31%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%3%3%3%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
15%14%19%17%18%12%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%3%4%3%3%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
85%86%81%83%82%88%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%77%83%75%75%75%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%88%90%99%98%103%
Program output ratio Program output ratio =
Program services /
Total revenue
79%67%75%74%73%77%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%12%10%1%2%-3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%16%12%2%3%-4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%21%13%21%22%21%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.600.610.630.650.65
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.671.741.801.861.952.05
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.551.041.101.171.271.34
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
7.309.988.067.636.656.21
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.140.100.120.130.150.16
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.2810.419.588.908.017.53
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
25%47%45%51%52%54%
Debt ratio Debt ratio =
Debt /
Total assets
15%39%37%43%43%45%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
141%90%90%78%74%70%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$4,421,074$2,068,331$1,162,441$1,784,710$1,295,177
Receivables, inventories, prepaids$1,708,852$2,023,704$2,186,014$1,012,815$1,657,316
Short-term investments$16,325,393$16,320,755$15,593,698$14,356,926$12,417,377
Other current assets$0$0$0$0$0
Total current assets$22,455,319$20,412,790$18,942,153$17,154,451$15,369,870
Long-term investments$0$0$0$0$0
Fixed assets$16,629,592$15,871,332$15,837,618$15,752,815$15,676,482
Other long-term assets$0$512,390$515,216$527,887$494,062
Total long-term assets$16,629,592$16,383,722$16,352,834$16,280,702$16,170,544
Total assets$39,084,911$36,796,512$35,294,987$33,435,153$31,540,414
 
Liabilities20202019201820172016
Payables and accrued expenses$1,479,286$1,574,441$1,558,121$1,802,410$1,613,068
Other current liabilities$771,198$957,733$925,596$776,040$862,415
Total current liabilities$2,250,484$2,532,174$2,483,717$2,578,450$2,475,483
Debt$15,360,717$13,718,059$15,132,561$14,343,623$14,094,549
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$564,906$448,218$400,017$452,484$553,583
Total long-term liabilities$15,925,623$14,166,277$15,532,578$14,796,107$14,648,132
Total liabilities$18,176,107$16,698,451$18,016,295$17,374,557$17,123,615
 
Net assets20202019201820172016
Without donor restrictions$5,014,458$3,550,405$1,658,370$1,645,736$735,434
With donor restrictions$15,894,346$16,547,656$15,620,322$14,414,860$13,681,365
Net assets$20,908,804$20,098,061$17,278,692$16,060,596$14,416,799
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,653,473$4,624,083$3,872,277$4,102,310$2,416,241
Program service revenue$19,911,373$19,035,507$17,735,007$17,356,605$16,754,756
Membership dues$0$0$0$0$0
Investment income$2,614,732$705,256$451,473$442,956$302,029
Other revenue$385,850$459,943$421,090$430,040$536,471
Total other revenue$22,911,955$20,200,706$18,607,570$18,229,601$17,593,256
Total revenue$26,565,428$24,824,789$22,479,847$22,331,911$20,009,497
 
Expenses20202019201820172016
Program services$17,832,939$18,574,423$16,738,505$16,323,862$15,456,224
Management and general$4,819,468$2,994,884$4,694,223$4,795,434$4,351,700
Fundraising$644,090$830,179$749,345$711,116$748,565
Total expenses$23,296,497$22,399,486$22,182,073$21,830,412$20,556,489
 
Change in net assets20202019201820172016
Surplus (deficit)$3,268,931$2,425,303$297,774$501,499($546,992)
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,268,931$2,425,303$297,774$501,499($546,992)

Compensation

NameTitleCompensation
Joseph WomackPresident$239,553
Dennis LindsayVice President Academic Af$184,552
Gene de YoungVice President For Finance$147,961
Michael FullerVice President Enrollment$128,622
Keith PotterVice President For Advance$126,770

Compensation data as of: 6/30/2019


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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