Taylor University

What it reported doing in 2024

In order to advance our mission, Taylor University is committed to the following purposes: -Whole Person Focused: We involve students in learning experiences imbued with a vital Christian interpretation of truth and life which foster their intellectual, emotional, physical, vocational, social, and spiritual development. -Biblically Anchored: We believe that all truth has its source in God and His Word. We are committed individually and collectively to the prayerful study and application of Scripture. -Liberal Arts Grounded: We prepare students to adapt to a fast-changing world, equipped with critical thinking skills, a lifelong love of learning, and an appreciation for God's creation. -Christ-Centered: Our Christian faith should permeate all learning-leading to a consistent life of worship, servant-leadership, stewardship, and world outreach. -Faith and Learning Integrated: We strive to create specific experiences where the integrative focus of a Christian liberal arts education is clarified, personalized, and applied. -World Engaging: We contribute to the advancement of human knowledge and understanding and serve the evangelical Christian church and the larger, public community for the glory of God. -Servant-Leader Motivated: We foster a biblical model of relationships acknowledging both unity and diversity of the followers of Christ within a covenant community, which can be evidenced in a continuing lifestyle of service to and concern for others. AT TAYLOR UNIVERSITY WE ARE ACTIVELY SEEKING STUDENTS WHO POSSESS EXCEPTIONAL ACADEMIC PREPARATION AND ARE READY TO CONTRIBUTE TO OUR ROBUST LEARNING COMMUNITY. THIS YEAR'S INCOMING FRESHMAN CLASS HAD AN AVERAGE GPA OF 3.79 AND AN ACT OF 27. AT TAYLOR UNIVERSITY WE WILL WORK HARD TO PROVIDE THE PEOPLE, THE SERVICES, THE TOOLS, AND THE ENVIRONMENT - IN GENERAL, THE RESOURCES - TO HELP STUDENTS SUCCESSFULLY PURSUE THEIR CALLING. THESE OUTSTANDING STUDENTS HELP US GET NOTICED. TAYLOR UNIVERSITY, YEAR AFTER YEAR, CONTINUES TO RECEIVE RECOGNITION AT THE HIGHEST LEVELS IN THE VARIOUS COLLEGE AND UNIVERSITY RANKINGS. TAYLOR UNIVERSITY IS RANKED #4 IN THE BEST MIDWEST REGIONAL COLLEGES IN THE U.S. NEWS & WORLD REPORT, MARKING THE 29TH CONSECUTIVE YEAR TAYLOR HAS APPEARED IN THE REGION'S TOP FIVE. U.S. NEWS & WORLD REPORT ALSO RANKED TAYLOR #7 IN BEST VALUE SCHOOLS AND #1 IN BEST UNDERGRADUATE TEACHING FOR REGIONAL COLLEGES-MIDWEST. TAYLOR WAS ALSO HIGHLY RANKED BY THE PRINCETON REVIEW AND FORBES. EACH OF THE PUBLICATIONS MEASURED CRITERIA THAT CITED THE ACADEMIC EXCELLENCE OF TAYLOR'S FACULTY AND STUDENTS (CURRENT RETENTION 94%, GRADUATION RATE 78%), THE PERCENTAGE OF STUDENTS STUDYING ABROAD, AND THE INVESTMENT MADE BY ALUMNI.

Financial Efficiency

• Mission deployment rate: 79.1%; rating input score 79
• Program expense ratio: 87.5%; rating input score 87
• Fundraising efficiency: $6.57 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • 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: 99.6%; rating input score 100; 42nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 96.3%; rating input score 96; 51st 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: 13.8%; rating input score 80; 80th percentile among comparable filings
• Total-asset coverage ratio: 3.49; rating input score 79; 79th percentile among comparable filings
• Liabilities to assets ratio: 0.09; rating input score 84; 84th percentile among comparable filings
• Officer compensation ratio: 1.8%; rating input score 60; 60th percentile among comparable filings

Growth

• Program expense growth: 3.7% per year; rating input score 100; 28th percentile among comparable filings
• Revenue growth: 4.8% per year; rating input score 100; 40th percentile among comparable filings
• Asset growth: 5.5% per year; rating input score 100; 40th percentile among comparable filings