Baylor University

What it reported doing in 2024

Instruction: baylor university stands as one of the premier institutions of higher education in the world.chartered in 1845 by the republic of Texas and affiliated with the baptist general convention oftexas, the university is the oldest continuously operating institution of higher learning in the state of Texas. As part of fulfilling baylor's mission of instructing and educating men and women for worldwide leadership and service, baylor pursues initiatives such as lower student-faculty ratio (15:1), smaller class size (average class size is 27), research opportunities for students, and great facilities for learning and living. (continued on schedule o)baylor's approximately 20,000 students typically come from all 50 states, the district of columbia, and 90 countries around the world. The university offers 133 baccalaureate, 82 master's, 50 doctoral, numerous online graduate professional programs, the education specialist and the juris doctor degree programs through 12 academic units. The university also equips students with both knowledge and experience to pursue god's call to ministry by offering 7 master degrees and 2 doctorate degrees through truett seminary. Additionally, the university conducts graduate programs with the u.s. Army at several u.s. Army locations across the united states. Students find the best of a large university through exceptional breadth and depth of programs along with extraordinary personal attention for the individual student. Baylor students garner competitive scholarships such as fulbright, truman, goldwater, rotary, critical language, and national science foundation graduate fellowships. More than 90% of baylor undergraduate students receive financial assistance. Named every year since 2011 by the chronicle of higher education as a "great college to work for", baylor consistently ranks in the top 100 national doctoral granting universities by u.s. News & world report, as a "best buy" by the fiske guide to colleges, and a "best value" by kiplinger's personal finance.

Financial Efficiency

• Mission deployment rate: 80.8%; rating input score 81
• Program expense ratio: 81.9%; rating input score 82
• Fundraising efficiency: $6.59 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: 4 of 8 controls in place; rating input score 50
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Pass
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Pass
  • Conducts site visits: Pass
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 52nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 81.2%; rating input score 81; 29th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • 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: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.5%; rating input score 50; 50th percentile among comparable filings
• Total-asset coverage ratio: 2.91; rating input score 75; 75th percentile among comparable filings
• Liabilities to assets ratio: 0.26; rating input score 60; 60th percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 54; 54th percentile among comparable filings

Growth

• Program expense growth: 5.1% per year; rating input score 100; 41st percentile among comparable filings
• Revenue growth: 6% per year; rating input score 100; 52nd percentile among comparable filings
• Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings