Overview
What is Olivet University?
Olivet University, located in Anza, California, is a nonprofit institution dedicated to offering quality Christian education to students. During the 2021-2022 financial year, the university focused on enhancing its ministry practice program, improving its electronic resources, increasing enrollment, and expanding its course offerings. The university employs a team of 79 individuals and continues its mission to provide Christian education. Its address is 36401 Tripp Flats Rd.
Official website here: www.olivetuniversity.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85%, Three-Star out of Four Star rating.
Olivet University has received an 85% score on Charity Navigator, primarily reflecting its accountability and financial practices. It scored 100% in several categories such as audit oversight, asset management, and the presence of essential policies, demonstrating a strong commitment to transparency and ethical governance. This solid foundation indicates that the organization is effectively managing its resources and adhering to best practices in financial oversight.
One notable strength is the university's high program expense ratio of 70.62%, which suggests that a significant portion of its funds is directed toward its programs rather than administrative costs. The organization also exhibits a favorable liabilities to assets ratio of 28.15%, indicating a strong financial position. Additionally, its working capital ratio of 3.17 years reflects its ability to cover liabilities comfortably.
However, the organization did receive a score of $0.01 in fundraising efficiency, which is a limitation worth noting. This low efficiency could imply that fundraising efforts are not yielding sufficient returns, potentially impacting its long-term sustainability. Despite this, the overall ratings suggest that Olivet University is managing its finances responsibly while making a commitment to its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Olivet University legitimate?
Olivet University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olivet University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $151,728
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,862,659
For more financial information, click here
Official website here: www.olivetuniversity.edu
What is the mission statement of Olivet University?
Olivet University is dedicated to delivering high-quality Christian education to the current generation. Their mission is geared towards imparting knowledge on various Christian subjects to students. During the 2021-2022 financial year, the university focused on enhancing its ministry practice program, improving its electronic resources, increasing enrollment, and expanding its course offerings. The institution remains committed to providing a nurturing and enriching educational experience for its students.
Official website here: www.olivetuniversity.edu
Who is the CEO of Olivet University?
Matthias Gebhardt is the President of Olivet University.
Official website here: www.olivetuniversity.edu
What is the revenue of Olivet University?
Olivet University's revenue in 2022 was $17,471,372.
Official website here: www.olivetuniversity.edu
Who are the executives of Olivet University and what are their salaries?
The average compensation at Olivet University during 2022 was $63,473. There are 79 employees and 52 volunteers at Olivet University.
Here are 8 key members and their salaries:
- Compensation: $68,928
- Related: $0
- Other: $0
- Compensation: $46,800
- Related: $0
- Other: $0
- Compensation: $36,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.olivetuniversity.edu
Where can I find the form 990 for Olivet University?
Olivet University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.olivetuniversity.edu
Learn more at the official website: www.olivetuniversity.edu
Mission Statement of Olivet University
Olivet University, a renowned educational institution, is dedicated to delivering high-quality Christian education to the next generation. The organization's mission is to impart knowledge and values grounded in Christian beliefs to its students. During the 2021-2022 financial year, Olivet University continued to uphold this commitment by educating students, enhancing its ministry practice program, and improving its electronic resources.
Olivet University's unwavering dedication to Christian education extends beyond the classroom. The institution has been consistent in its efforts to strengthen its programs and expand its offerings, ensuring that students receive a well-rounded educational experience. The university takes pride in improving its electronic resources, enabling students to access a wealth of knowledge at their fingertips. Furthermore, the university's commitment to quality education led to an increase in enrollment during the given financial year.
In addition to providing quality education, Olivet University is focused on the personal and spiritual growth of its students. The university's mission goes beyond academics, as it strives to instill values and beliefs that will benefit students throughout their lives. By offering a range of Christian-based courses, Olivet University equips its students with the knowledge and values needed to thrive in their personal and professional lives. The university's unwavering dedication to Christian education has made it a beacon of hope and knowledge for students seeking a faith-based education.
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Impact
October, 2024
Olivet University significantly impacts the landscape of Christian education by focusing on providing quality instruction tailored for the network generation. By offering a diverse range of courses on various Christian subjects, the university equips students with the knowledge and skills necessary for effective ministry and personal spiritual development.
During the 2021-2022 financial year, Olivet University enhanced its ministry practice program, which helps students apply their learning practically, thereby enriching their educational experience. The university also improved its electronic resource holdings, making valuable educational materials more accessible to students. This commitment to expanding enrollment and course offerings further demonstrates Olivet University's dedication to meeting the evolving needs of its student body and the broader community. Located in Anza, California, Olivet University continues to fulfill its mission of nurturing the next generation of Christian leaders through innovative and comprehensive education.
This information is meant to be a general summary of Olivet University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,970,382
- Gross Receipts: $17,471,372
Assets and Liabilities:
- Total Assets: $80,533,866
- Total Liabilities: $20,346,460
- Net Assets: $60,187,406
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$1,720,271
Other activity
Revenue
$250,111
Organization Details
Founding Year
2004
Phone
(951) 763-0500Principal Officer
Matthias Gebhardt
Main Address
36401 TRIPP FLATS RD, ANZA, CA, 92539
Website
www.olivetuniversity.eduNTEE Category
Code: B43 - Education
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