Calvary Chapel University Inc
- Assets
- $266.9k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Sun City, AZ
- Founding
- 01/2016
- Data as of
- 06/2024
- EIN
- 46-3745855
Organization Overview
Calvary Chapel University Inc is located in Sun City, AZ. The organization was established in 2016. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 06/2024, Calvary Chapel University Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calvary Chapel University Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Calvary Chapel University Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $998.1k during the year ending 06/2024. While expenses have increased by 7.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO "GO THEREFORE AND MAKE DISCIPLES OF ALL THE NATIONS, BAPTIZING THEM IN THE NAME OF THE FATHER AND OF THE SON AND OF THE HOLY SPIRIT, TEACHING THEM TO OBSERVE ALL THINGS THAT I HAVE COMMANDED YOU; AND LO, I AM WITH YOU ALWAYS, EVEN TO THE END OF AGE." THE ORGANIZATION HAS THREE PRIMARY SOURCES OF REVENUE: (1) COLLEGE OF BIBLICAL STUDIES PROGRAMS (BA, MA, AND MDIV) (2) COLLEGE OF EDUCATION (BA, MA) (3) SUPPORT FROM YOUTH DEVELOPMENT INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE MINISTER ON 4 CONTINENTS, 6 COUNTRIES AND 12 STATES. WE HAVE BEEN GROWING 150% PER MODULE ON THE AGGREGATE, AND WE MINISTER TO LEADERS OF LEADERS INCLUDING PRESIDENTS OF LARGE CHRISTIAN EDUCATION, ASSOCIATES, AND SUPERINTENDENTS OF PUBLIC SCHOOL, MISSIONARIES ETC. CALVARY CHAPEL UNIVERSITY "CCU" HAS RECENTLY ADDED A YOUTH MINISTRIES DEGREE PROGRAM, AND SERVES THE LEAST OF THESE BY OFFERING FREE EDUCATION TO WOMEN COMING OUT OF SEX TRAFFICKING, TIMED OUT FOSTER CARE CHILDREN, AND THOSE MINISTERING IN WAR TORN AND REFUGEES AREAS. CCU OFFERS DUAL ENROLLMENT TO DOZENS OF CHRISTIAN SCHOOL STUDENTS, AND ALSO OFFERS GAP-YEAR PROGRAM IN CONJUCTION WITH ANOTHER MINISTRY IN HEADWATERS, VIRGINIA. STUDENTS CAN EARN A DEGREE, WORK IN A MINISTRY, GET COLLEGE CREDIT FOR SERVING, AND DISCOVER GOD'S CALL IN THEIR LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
F Chapin Marsh III Director | OfficerTrustee | 40 | $62,400 |
Jeffrey Stratton President | OfficerTrustee | $0 | |
Debbie Romero Secretary | OfficerTrustee | $0 | |
David Guzik Director | Trustee | $0 | |
Matthew Chavez Director | Trustee | $0 | |
John Louis Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,809 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,809 |
| Total Program Service Revenue | $1,011,142 |
| Investment income | $796 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,027,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,400 |
| Compensation of current officers, directors, key employees. | $21,840 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,500 |
| Pension plan accruals and contributions | $1,892 |
| Other employee benefits | $39,105 |
| Payroll taxes | $8,512 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,543 |
| Fees for services: Accounting | $24,388 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $540,273 |
| Advertising and promotion | $36,484 |
| Office expenses | $1,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,000 |
| Travel | $60,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,679 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,792 |
| All other expenses | $14,213 |
| Total functional expenses | $998,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,995 |
| Savings and temporary cash investments | $36,879 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,075 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $266,949 |
| Accounts payable and accrued expenses | $75,761 |
| Grants payable | $0 |
| Deferred revenue | $33,343 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,033 |
| Total liabilities | $127,137 |
| Net assets without donor restrictions | $139,812 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $266,949 |