Maranatha Baptist University

Overview

Mission

Maranatha Baptist University exists to develop leaders for ministry in the local church and the world. (Tagline from homepage/organization identity). Veterans Benefits Veterans Benefits – Maranatha is approved for the training of students entitled to benefits under Public Laws 89-358 and 634, Social Security, and Rehabilitation Benefits. Students who are entitled to benefits under these laws should apply to the Department of Veterans Affairs for authorization. Recipients should contact the Financial Aid Office as soon as they enroll in classes. Federal Tuition Assistant (TA) provides financial assistance for active duty and reserve members enrolled in undergraduate and graduate courses offered on-campus or by distance learning. Service members need to apply for TA directly with their branch of service.

Operating model

Revenue model

Other-operating. 85% of the money available for current operations came from other operating revenue.

Distribution model

Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

• Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

• Financial Efficiency: 79
• Transparency & Controls: 79
• Accountability: 77
• Sustainability: 46
• Growth: 100

Detailed rating inputs

Details

• What they do: 1 operating location identified
• Where the money goes: 83.2% of revenue deployed · 84.3% of spending went to programs
• Governance: 16 of 19 board members independent · 6 of 9 filing controls reported
• Programs: 1 filed program accomplishment · $15.8M in reported program spending
• Leadership: top reported pay $183K · 22 people listed · 2 of 6 pay-setting controls reported
• Highest-paid contractors: 2 contractors listed · $1.2M reported
• Consistency: 29 of 29 current checks pass
• Schedules: 10 filed schedules · includes major donors, grants, and executive pay
• Filing history: 16 filing years from 2009 to 2024
• Contacts: How to reach this organization
• Money network: 10 filed money-flow records
• Related organizations: 2 filed related-organization links
• Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
• People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

• Review — Accountability: Governance controls: 3 of 9 not reported.
• Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
• Moderate — Sustainability: Operating margin scored 40/100.
• Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
• Review — Sustainability: Liabilities to assets ratio scored 51/100.
• High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.