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Maranatha Baptist University INC

Public charityFed auditsIRS 990
DBA: % DONALD DONOVAN
Other · WATERTOWN, WI · EIN 39-1097032

About

The university trains men and women for effective gospel ministry in the local church through a higher educational program of biblical, general, and professional studies.

In care of Donald Donovan

Donations are tax-deductible
Category
Other
Employees
673
Volunteers
7

Financial Snapshot

FY ending 2023-06-30
Revenue
$17.5M
Expenses
$18.1M
Assets
$23.3M
Liabilities
$5.9M

Financial history

$18.4M$9.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $17.5M · Peak FY2022: $18.4M · Avg: $16.9M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$2.2M
MARANATHA BAPTIST UNIVERSITY INC
Your actions

Address

745 W Main ST
Watertown, WI, 53094-120

Governance

Voting board members20
Independent members18
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %14.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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