Anderson University

What it reported doing in 2024

The university is a comprehensive university affiliated with the South Carolina baptist convention offering bachelors, masters, and doctorate degrees. Located on approximately 398 acres in the upstate region of South Carolina near the foothills of the appalachians, the university features a rigorous education in a supportive christian atmosphere. The main sourcesof revenue are tuition, fee, and auxiliary enterprise income as well as contributions from the public.the organization offers 64 baccalaureate majors, 43 major-embedded concentrations, as well as 56 minors and two undergraduate certificates. The organization also offers 22 master degrees and 7 graduate certificate programs in the fields of business, christian studies, computer science, criminal justice, cybersecurity, education, music education, nursing, and pathology. At the post-master's level, the organization offers 11 doctoral programs: doctor of ministry, doctor of nursing practice (four), doctor of physical therapy, doctor of philosophy in leadership, doctor of philosophy in preaching, and doctor of education (three).highlights of the 2024-2024 fiscal year - historic enrollment, major transformation underway at anderson university: amid the most transformational period in its 113-year history, anderson university remains the largest private university in South Carolina, selective in admission, with more than 4,500 students enrolled as the 2024-2025 academic year began in august 2024. With a class of nearly 1,000 first-year students, a retention rate (82%) higher than the national average (68.2%) and the inaugural season of trojan football, enrollment at anderson university stands at 4,519. A great place to work again for the fifth consecutive year, anderson university is among the best college workplaces in the united states, according to the great colleges to work for program, which placed anderson university on its honor roll for the 2024-2025 academic year. Anderson university is one of only three institutions of higher education in South Carolina to receive the designation.civil rights champion endorses new initiative at anderson university civil rights leader and former united states ambassador to the united nations andrew young has endorsed a summer program at anderson university that will bring together students from historically black colleges and universities with christian colleges to study and practice the principles of civility, public service and human rights espoused by dr. Martin luther king jr. Anderson university and city of anderson launch joint venturethe city of anderson and anderson university have joined forces to launch a "my city/my university" campaign designed to strengthen the bonds between anderson university and the broader community. The theme of "my city, my team" played out on main street banners throughout the fall 2024. The week of the first game, the community joined students, football players and cheerleaders at a pep rally in wren park in the heart of downtown. More than 700 people attended, cheering for the trojans, painting a mural, and enjoying food trucks.100 years of ivy leaves this spring, the college of arts and sciences will reach a major milestone: publication of the 100th edition of the ivy leaves journal. Produced annually by the students of anderson university, ivy leaves showcases a selection of creative works and is anderson university's only student-read, student-led journal, telling the stories of student artists, writers and designersanderson university celebrates more than 600 graduates in its may commencement ceremoniesmore than 600 new graduates turned their tassels and marked a turning point in their lives as anderson university graduates. During the friday morning ceremony, held on the historic alumni lawn, graduates from anderson university's college of arts and sciences, college of business, center for cybersecurity and the South Carolina school of the arts received their degrees. During the saturday m

Financial Efficiency

• Mission deployment rate: 78.7%; rating input score 79
• Program expense ratio: 89.2%; rating input score 89
• Fundraising efficiency: $12.44 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 12.7%; rating input score 78; 78th percentile among comparable filings
• Total-asset coverage ratio: 1.89; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.33; rating input score 52; 52nd percentile among comparable filings
• Officer compensation ratio: 2%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: 9.5% per year; rating input score 100; 72nd percentile among comparable filings
• Revenue growth: 8.2% per year; rating input score 100; 68th percentile among comparable filings
• Asset growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings