Overview
What is Maranatha Baptist University Inc?
Maranatha Baptist University Inc, located at 745 West Main Street, Watertown, Wisconsin, is a Christian nonprofit institution dedicated to higher education. With over 1,300 students, both on campus and online, the organization focuses on training men and women for effective gospel ministry within their local churches. This is accomplished through a comprehensive program of biblical, general, and professional studies. The university engages in various activities, including the publication of promotional materials, a course catalog, and two editions of a magazine annually. The university employees a total workforce of 673 individuals.
Official website here: www.mbu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Maranatha Baptist University Inc has achieved a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The university scored a remarkable 96% overall, indicating effective management and transparency. The rating is based solely on accountability factors, reflecting the organization’s commitment to sound financial practices.
The university boasts a high percentage of independent board members, ensuring robust governance. Their financial statements are subjected to rigorous audit and oversight, with no reported material diversions of assets, showcasing a high level of integrity in their operations. Additionally, the university maintains comprehensive policies regarding conflict of interest, whistleblower protections, and document retention, further reinforcing its accountability.
One notable strength is the program expense ratio of 85.58%, indicating that a significant portion of its expenses is directed towards programs rather than administrative costs. This demonstrates the university's focus on its educational mission. Overall, Maranatha Baptist University Inc exemplifies strong financial health and governance, making it a trustworthy option for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Maranatha Baptist University Inc legitimate?
Maranatha Baptist University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maranatha Baptist University Inc 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: $370,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mbu.edu
What is the mission statement of Maranatha Baptist University Inc?
Maranatha Baptist University Inc is dedicated to educating men and women for effective gospel ministry within the local church. This is achieved through a higher educational program that encompasses biblical, general, and professional studies. The university's primary activity is the operation of a Christian university and high school, serving over 1,300 main campus and online students. All university activities are directly related to this purpose. Maranatha Baptist University Inc produces promotional materials, a course catalog, and two editions of a magazine annually to support its mission.
Official website here: www.mbu.edu
Who is the CEO of Maranatha Baptist University Inc?
Donald Donovan is the Vp Business Affairs of Maranatha Baptist University Inc. The CEO's salary of Maranatha Baptist University Inc is $88,951 and their total compensation is $150,488.
Official website here: www.mbu.edu
What is the revenue of Maranatha Baptist University Inc?
Maranatha Baptist University Inc's revenue in 2022 was $18,420,969.
Official website here: www.mbu.edu
Who are the executives of Maranatha Baptist University Inc and what are their salaries?
The average compensation at Maranatha Baptist University Inc during 2022 was $550. There are 673 employees and 27 volunteers at Maranatha Baptist University Inc.
Here are 20 key members and their salaries (Maranatha Baptist University Inc's CEO's salary is $88,951 and their total compensation is $150,488):
- Compensation: $57,391
- Related: $0
- Other: $95,551
- Compensation: $88,951
- Related: $0
- Other: $61,537
- Compensation: $72,806
- Related: $0
- Other: $24,366
- Compensation: $2,528
- Related: $0
- Other: $0
- Compensation: $1,290
- 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
- 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
- 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.mbu.edu
Where can I find the form 990 for Maranatha Baptist University Inc?
Maranatha Baptist University Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbu.edu
Learn more at the official website: www.mbu.edu
Mission Statement of Maranatha Baptist University Inc
Maranatha Baptist University Inc is a higher educational institution dedicated to training men and women for effective gospel ministry in the local church. Through a comprehensive program of biblical, general, and professional studies, the university equips its students with the knowledge and skills necessary to serve in their faith communities.
The mission of Maranatha Baptist University Inc is multifaceted. It not only focuses on providing students with a solid foundation in theology and scripture, but also emphasizes the importance of general and professional studies. This holistic approach ensures that graduates are well-rounded individuals who can make meaningful contributions to their churches and communities.
Maranatha Baptist University Inc's activities are directly related to this purpose. The university operates both on campus and online, serving over 1,300 students. All aspects of its operations, from printing promotional materials to publishing a course catalog and two editions of a magazine annually, support the institution's mission to prepare individuals for gospel ministry.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Maranatha Baptist University Inc significantly impacts the community by providing a comprehensive educational program that equips individuals for effective Gospel ministry within local churches. By offering a curriculum that blends biblical studies with general and professional education, the university prepares over 1,300 students—both on-campus and online—to serve in various capacities within their communities.
Through its operation of a Christian university and high school, Maranatha fosters a learning environment where students can deepen their faith while acquiring the skills necessary for their future roles in ministry. The university's commitment to producing promotional materials, a course catalog, and biannual magazine editions further enhances its outreach and provides vital information to prospective students and the wider community.
Additionally, Maranatha's focus on higher education promotes academic excellence within a Christian framework, thereby influencing the future of church leadership and community involvement. The university contributes to the growth and development of individuals dedicated to spreading the Gospel, ultimately shaping the spiritual landscape of local churches and beyond.
This information is meant to be a general summary of Maranatha Baptist University Inc. 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.
- Investment Income: $143,228
- Program Service Revenue: $14,647,160
- Gross Receipts: $18,530,629
Assets and Liabilities:
- Total Assets: $23,386,900
- Total Liabilities: $5,811,377
- Net Assets: $17,575,523
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$10,953,878
ROOM AND BOARD
Revenue
$2,891,752
DAYCARE/PRESCHOOL
Revenue
$611,117
ATHLETIC CAMPS
Revenue
$100,296
PIANO STRING PREPARATORY
Revenue
$90,117
Organization Details
Founding Year
1968
Phone
(920) 206-2314Principal Officer
Donald Donovan
Main Address
745 WEST MAIN STREET, WATERTOWN, WI, 530947638
Website
www.mbu.eduNTEE Category
Code: B42 - Education
If you are a representative of Maranatha Baptist University Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.