Arizona Christian University
- Assets
- $58.0m
- Revenue
- $41.7m
- Investments
- $0.0
- Employees
- 408
- Location
- Glendale, AZ
- Founding
- 12/1983
- Data as of
- 06/2021
- EIN
- 86-0186050
Organization Overview
Arizona Christian University is located in Glendale, AZ. The organization was established in 1983. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Arizona Christian University employed 408 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Christian University 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 06/2021, Arizona Christian University generated $41.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $37.1m during the year ending 06/2021. While expenses have increased by 11.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A BIBLICALLY INTEGRATED EDUCATION PREPARING GRADUATES TO SERVE THE LORD JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL ACTIVITIES:ARIZONA CHRISTIAN UNIVERSITY IS A PRIVATE, NON-PROFIT, CHRISTIAN UNIVERSITY IN PHOENIX OFFERING A VARIETY OF DEGREE PROGRAMS, HONORS COURSES, INTERNSHIP OPPORTUNITIES, AND MULTIPLE PRE-PROFESSIONAL TRACKS. ACU'S DISTINGUISHED PROFESSORS ARE COMMITTED TO DEVELOPING THE COMPLETE PERSON THROUGH THE INTEGRATION OF FAITH, LEARNING, AND CHRISTIAN LEADERSHIP FOR OUR MORE THAN 1,000 STUDENTS.
AUXILIARY SERVICES & OUTREACH MINISTRIES:ARIZONA CHRISTIAN UNIVERSITY PROVIDES STUDENT LIFE PROGRAMS, UPDATED FACILITIES FOR STUDENTS, AND EXTRA-CURRICULAR ACTIVITIES TO FURTHER ENHANCE THE EDUCATIONAL EXPERIENCE FOR EACH STUDENT. ACU PROVIDES OPPORTUNITIES FOR STUDENTS TO FULFILL THE UNIVERSITY'S MISSION TO ENGAGE THE WORLD FOR JESUS CHRIST AND TRANSFORM CULTURE WITH TRUTH. THE UNIVERSITY HELPS CONNECT STUDENTS WITH MINISTRIES AND SERVICE OPPORTUNITIES IN THE SURROUNDING COMMUNITY AS WELL AS PROVIDES THE OPPORTUNITY FOR STUDENTS, FACULTY, AND STAFF TO PARTICIPATE IN INTERNATIONAL MISSION TRIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Len Munsil President | Officer | 60 | $581,719 |
Steve Adamson Provost & Executive VP | Officer | 50 | $192,964 |
Jeff Rutter VP Of Enrollment | 50 | $133,139 | |
James Griffiths VP Of University Engagement | 50 | $113,921 | |
Jon Cline VP Of Campus Operations | 50 | $109,832 | |
Robin Klung Chief Financial Officer | Officer | 50 | $101,389 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc And Associates Dining Hall Food Service | 6/29/21 | $4,360,557 |
Dell Financial Services It Equipment Lease | 6/29/21 | $290,786 |
Qcm Technologies It Services | 6/29/21 | $126,719 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,691,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,660,102 |
| Noncash contributions included in lines 1a–1f | $43,560 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,351,710 |
| Total Program Service Revenue | $27,710,043 |
| Investment income | $23,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $477,927 |
| Net Gain/Loss on Asset Sales | $126,039 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $41,715,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,860,326 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,051,109 |
| Compensation of current officers, directors, key employees. | $294,942 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,093,973 |
| Pension plan accruals and contributions | $108,086 |
| Other employee benefits | $981,365 |
| Payroll taxes | $625,057 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,031 |
| Fees for services: Accounting | $110,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,898 |
| Fees for services: Other | $4,135,426 |
| Advertising and promotion | $320,415 |
| Office expenses | $1,009,564 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,082,029 |
| Travel | $597,925 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,065 |
| Interest | $1,616,122 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,522,643 |
| Insurance | $387,768 |
| All other expenses | $0 |
| Total functional expenses | $37,098,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,669,118 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,244,269 |
| Accounts receivable, net | $791,384 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,007 |
| Prepaid expenses and deferred charges | $510,312 |
| Net Land, buildings, and equipment | $41,441,985 |
| Investments—publicly traded securities | $1,364,063 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,942,978 |
| Total assets | $57,965,116 |
| Accounts payable and accrued expenses | $1,985,044 |
| Grants payable | $0 |
| Deferred revenue | $1,930,605 |
| Tax-exempt bond liabilities | $8,405,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $17,241,078 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $797,860 |
| Total liabilities | $30,359,587 |
| Net assets without donor restrictions | $21,346,975 |
| Net assets with donor restrictions | $6,258,554 |
| 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 | $57,965,116 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Arizona Christian University has recieved totaling $4,144,733.
| Awarding Organization | Amount |
|---|---|
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $3,500,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $530,800 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $76,500 |
T W Lewis Foundation Scottsdale, AZ PURPOSE: GENERAL PURPOSE | $21,326 |
Armand Hammer Foundation Michael A Hammer Pompano Beach, FL PURPOSE: GENERAL FUNDS | $15,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $1,000 |
Endowment Analysis
| Beg. Balance | $1,044,975 |
| Earnings | $355,284 |
| Admin Expense | $36,196 |
| Ending Balance | $1,364,063 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westmont College Santa Barbara, CA | $328,569,320 | $121,110,665 |
Scripps College Claremont, CA | $617,457,507 | $98,616,217 |
California College Of The Arts San Francisco, CA | $203,468,162 | $107,701,190 |
Vanguard University Of So Ca Costa Mesa, CA | $81,753,319 | $83,351,301 |
Harvey Mudd College Claremont, CA | $659,151,438 | $77,731,780 |
The Masters University And Seminary Santa Clarita, CA | $147,412,644 | $80,766,902 |
William Jessup University Rocklin, CA | $119,510,265 | $60,123,299 |
Pitzer College Claremont, CA | $349,158,922 | $62,327,201 |
Pacific Union College Angwin, CA | $98,736,096 | $48,958,321 |
Menlo College Atherton, CA | $48,235,643 | $52,004,358 |
Arizona Christian University Glendale, AZ | $57,965,116 | $41,715,936 |
Simpson University Redding, CA | $52,447,499 | $43,472,556 |