Santa Clarita, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Master's University and Seminary, founded in 1927, is a mid-sized nonprofit in the Education sector that reported $85.1M in total revenue in fiscal year 2022. Expenses of $75.5M left a modest 11% surplus.
The Master's University and Seminary (TMUS) exists to advance the Kingdom of the Lord Jesus Christ through education. This is accomplished through unreserved commitment to worshipping God, authority of Scripture, personal holiness, serving the local church, and penetrating the world with the Truth.
Undergraduate liberal arts academic program, MABC and Credential programs, Online Degree programs, and Seminary graduate degrees.The mission of The Master's University is to empower students for a...
Undergraduate liberal arts academic program, MABC and Credential programs, Online Degree programs, and Seminary graduate degrees.The mission of The Master's University is to empower students for a life of enduring commitment to Christ, biblical fidelity, moral integrity, intellectual growth and lasting contribution to the Kingdom of God worldwide. The Master's Seminary trains men, through an advanced academic program prioritizing biblical authority and local church discipleship, for pastoral ministry--to preach the Word of God, reach the world for Christ, and teach others to do the same.
Auxiliary enterprises such as operation of dormitory facilities, food service operations, and student bookstore.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $85,143,754 | $80,766,902 | +0.1% |
| Expenses | $75,532,642 | $63,547,849 | +0.2% |
| Net Income | $9,611,112 | $17,219,053 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Abner Chou PresidentMacArthur | Endowed Chair of Biblical Studies | 40.00 |
Officer
Director
|
$153,300 | $25,233 | $178,533 |
| Brad Armstrong | Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jonathan Rourke | Vice Chair | 5.00 |
Officer
Director
|
$30,650 | $0 | $30,650 |
| Mark Tatlock | Secretary & Faculty | 5.00 |
Officer
Director
|
$7,155 | $0 | $7,155 |
| David van Wingerden | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Ardavanis | Board Member & Faculty | 3.00 |
Director
|
$8,325 | $0 | $8,325 |
| Luis Contreras | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Bryan Hughes | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jesse Johnson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| George Lawson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| John MacArthur | Board Member & Chancellor | 3.00 |
Director
|
$33,123 | $0 | $33,123 |
| Felix Martin del Campo | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew Sakiestewa Gilbert | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| George Sanders | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rod Shackelford | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Provost | Board Member (part year) | 1.00 |
Director
|
$0 | $0 | $0 |
| David Wismer | Board Member (part year) | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Kostjuk | CFO & VP of Administration | 40.00 |
Officer
|
$133,704 | $179,502 | $313,206 |
| Lucas Cherry | University VP of Development | 40.00 |
Highest
|
$229,950 | $7,780 | $237,730 |
| Thomas Hopewell | Provost and Dean of Online | 40.00 |
Highest
|
$154,689 | $91,508 | $246,197 |
| Corey Williams | Seminary Chief Communications Officer | 40.00 |
Highest
|
$152,919 | $27,216 | $180,135 |
| John Russell | Controller | 40.00 |
Highest
|
$141,797 | $27,596 | $169,393 |
| Ryan Zamroz | University Sr Dir. of Development | 40.00 |
Highest
|
$151,274 | $5,376 | $156,650 |
| Dariu Dumitru | Chief Enrollment & Marketing | 40.00 |
Highest
|
$103,224 | $128,004 | $231,228 |
| Paul Twiss | Seminary Instructor | 40.00 |
Highest
|
$88,201 | $138,377 | $226,578 |
| Jade Greenfield | Chief Development Officer | 40.00 |
Highest
|
$111,587 | $116,520 | $228,107 |
| Thomas Halstead University | Dean, School of Biblical Studies | 40.00 |
Highest
|
$113,634 | $104,921 | $218,555 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $85,143,754 | $75,532,642 | $166,684,429 | $9,611,112 |
| 2022 | $80,766,902 | $63,547,849 | $147,412,644 | $17,219,053 |
| 2021 | $74,618,505 | $55,834,252 | $126,279,049 | $18,784,253 |
| 2020 | $53,206,286 | $49,555,365 | $103,536,998 | $3,650,921 |
| 2019 | $55,465,112 | $50,761,489 | $95,671,483 | $4,703,623 |
| 2018 | $60,552,843 | $56,351,593 | $94,710,308 | $4,201,250 |
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