Evangel University Of The Assemblies Of God
- Assets
- $85.5m
- Revenue
- $68.0m
- Investments
- $0.0
- Employees
- 1,190
- Location
- Springfield, MO
- Founding
- 05/2019
- Data as of
- 04/2022
- EIN
- 44-0589787
Organization Overview
Evangel University Of The Assemblies Of God is located in Springfield, MO. The organization was established in 2019. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 04/2022, Evangel University Of The Assemblies Of God employed 1,190 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evangel University Of The Assemblies Of God 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 04/2022, Evangel University Of The Assemblies Of God generated $68.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $61.2m during the year ending 04/2022. While expenses have increased by 1.6% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EVANGEL IS A COMPREHENSIVE CHRISTIAN UNIVERSITY THAT IS COMMITTED TO EXCELLENCE IN EDUCATING AND EQUIPPING STUDENTS TO BECOME SPIRIT EMPOWERED SERVANTS OF GOD.
Describe the Organization's Program Activity:
THERE WERE 497 UNDERGRADUATES, 255 GRADUATES, AND 204 DOCTORAL STUDENTS ENROLLED IN THE SUMMER 2021 SEMESTER; 1,687 UNDERGRADUATES, 318 GRADUATES, AND 124 DOCTORAL STUDENTS IN THE FALL 2021 SEMESTER; 1,569 UNDERGRADUATES, 287 GRADUATES, AND 156 DOCTORAL STUDENTS IN THE SPRING 2022 SEMESTER. A TOTAL OF 288 GRADUATED IN THE 2021-22 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Michael Mccorcle Provost End 12/21 | 50 | $136,564 | |
Linda Allen VP Of Business & Finance/cfo | Officer | 50 | $116,690 |
George Wood President End 07/21 | OfficerTrustee | 50 | $82,411 |
Dr Michael Rakes President Beg 8/21 | OfficerTrustee | 50 | $77,677 |
Dr Carol Taylor Former President End 12/20 | 50 | $57,089 | |
Christy Poppen Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Queen City Roffing Contractor | 4/29/22 | $737,590 |
Aladdin Food Mgmt Food Service | 4/29/22 | $2,187,182 |
Jpi Glass Llc Contractor | 4/29/22 | $299,977 |
Ruffalo Noel Levitz Consultant | 4/29/22 | $354,081 |
Paragon 360 Contractor | 4/29/22 | $356,943 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,855,909 |
| Related organizations | $1,519,209 |
| Government grants | $9,489,978 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,436,445 |
| Noncash contributions included in lines 1a–1f | $696,775 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,301,541 |
| Total Program Service Revenue | $48,377,378 |
| Investment income | $395,196 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $19,691 |
| Net Rental Income | $3,015 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $196,382 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,026,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,717 |
| Grants and other assistance to domestic individuals. | $19,134,518 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $447,507 |
| Compensation of current officers, directors, key employees. | $447,507 |
| Compensation to disqualified persons | $153,619 |
| Other salaries and wages | $17,248,480 |
| Pension plan accruals and contributions | $366,495 |
| Other employee benefits | $2,385,804 |
| Payroll taxes | $1,182,795 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,466 |
| Fees for services: Accounting | $146,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $203,031 |
| Fees for services: Investment Management | $77,317 |
| Fees for services: Other | $4,110,435 |
| Advertising and promotion | $916,708 |
| Office expenses | $4,741,783 |
| Information technology | $1,029,790 |
| Royalties | $415 |
| Occupancy | $1,952,356 |
| Travel | $686,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $194,361 |
| Interest | $1,282,354 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,798,952 |
| Insurance | $637,969 |
| All other expenses | $52,879 |
| Total functional expenses | $61,246,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,638,199 |
| Savings and temporary cash investments | $2,600,580 |
| Pledges and grants receivable | $12,459 |
| Accounts receivable, net | $584,098 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,450,664 |
| Inventories for sale or use | $64,926 |
| Prepaid expenses and deferred charges | $566,313 |
| Net Land, buildings, and equipment | $49,452,134 |
| Investments—publicly traded securities | $15,786,679 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,344,534 |
| Total assets | $85,500,586 |
| Accounts payable and accrued expenses | $4,493,851 |
| Grants payable | $0 |
| Deferred revenue | $829,051 |
| 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 | $30,037,423 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $580,482 |
| Total liabilities | $35,940,807 |
| Net assets without donor restrictions | $9,805,803 |
| Net assets with donor restrictions | $39,753,976 |
| 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 | $85,500,586 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Evangel University Of The Assemblies Of God has recieved totaling $3,619,488.
| Awarding Organization | Amount |
|---|---|
Convoy Of Hope Springfield, MO PURPOSE: PROGRAM FULLFILLMENT | $2,500,000 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE | $1,000,000 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: PATHWAYS FOR TOMORROW INITIATIVE | $49,720 |
Assemblies Of God Credit Union Springfield, MO PURPOSE: SCHOLARSHIPS | $20,000 |
Christian Fidelity Foundation Fort Worth, TX PURPOSE: Two grants were made to Evangel University in the total amount of $15,000 as follows: Biblical Studies Department $1,000; Scholarship Fund $14,000. Scholarship recipients are selected by the institution's scholarship committee. | $15,000 |
Strada Education Network Inc Indianapolis, IN PURPOSE: OPERATING SUPPORT | $15,000 |
Endowment Analysis
| Beg. Balance | $24,375,411 |
| Earnings | $28,840 |
| Net Contributions | $1,690,298 |
| Other Expense | $631,348 |
| Ending Balance | $25,463,201 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Campbellsville University Inc Campbellsville, KY | $197,242,279 | $142,326,474 |
Luther College Decorah, IA | $330,055,480 | $125,968,312 |
Centre College Of Kentucky Danville, KY | $677,636,297 | $215,283,093 |
Lake Forest College Lake Forest, IL | $251,265,144 | $111,531,265 |
Lee University Cleveland, TN | $200,405,989 | $108,753,431 |
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Millikin University Decatur, IL | $270,927,180 | $97,576,221 |
Wartburg College Waverly, IA | $247,960,217 | $101,117,542 |
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |
Coe College Cedar Rapids, IA | $182,564,776 | $91,175,984 |
Benedictine College Atchison, KS | $163,686,664 | $96,440,027 |
Trevecca Nazarene University Nashville, TN | $238,062,092 | $96,180,255 |