2023-05-15T04:11:07-00:00 2022-06-30 391777558 Corey A Pfaffe CPA LLC 302 N 3rd St Ste 107 Watertown WI 53094 990 2021-07-01 391097032 MARANATHA BAPTIST UNIVERSITY INC MARA 9202062314 745 WEST MAIN STREET WATERTOWN WI 530947638 Donald Donovan VP of Business Affairs 9202062314 2023-05-15 true Donald Donovan 999009999 Krista Donovan P02502456 9202617012 2023-05-15 2 AAL1 IAL1 2021 2023-04-26 12:10:37Z Donald Donovan 745 WEST MAIN STREET WATERTOWN WI 53094 18530629 false X WWW.MBU.EDU X 1968 WI 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. 19 17 673 27 0 4277948 3058640 14700740 14647160 90419 143228 407595 571941 19476702 18420969 2088618 2437030 0 9425920 9676672 0 136334 5020015 5465476 16534553 17579178 2942149 841791 23775385 23386900 6340579 5811377 17434806 17575523 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. false false 14990010 2437030 14647160 THE SOLE PROGRAM SERVICE ACTIVITY IS THE OPERATION OF A CHRISTIAN UNIVERSITY AND HIGH SCHOOL OVER 1,300 MAIN CAMPUS AND ONLINE STUDENTS. ALL ACTIVITIES ARE DIRECTLY RELATED TO THIS PURPOSE. THE UNIVERSITY PRINTS PROMOTIONAL MATERIALS, A COURSE CATALOG, AND TWO EDITIONS OF A MAGAZINE ANNUALLY. 14990010 true true false false false false false false false true true false false true true false true false true false false false false false true false false false true true false false false false false true true true true false false false false false false false false true 53 0 true 673 true false false false false false true true false false false false false false false X 19 17 false false false false false false false true true false false false true true true true true false false false X Donald Donovan 9202062314 745 WEST MAIN STREET WATERTOWN WI 53094 MR DONALD DONOVAN VP BUSINESS AFFAIRS 040.00 X 57391 0 95551 DR MATTHEW DAVIS CEO 040.00 X X 88951 0 61537 DR MARTY MARRIOTT PRESIDENT 040.00 X X 72806 0 24366 DR ROBERT LOGGANS SECRETARY 002.00 X 2528 0 0 DR DAVID OLIVER TRUSTEE 002.00 X 1290 0 0 DR DOUG JACKSON CHAIRMAN 002.00 X 0 0 0 DR MICHAEL DEAN VICE-CHAIRMAN 002.00 X 0 0 0 MR MARK POORMAN TREASURER 002.00 X 0 0 0 MR DARRELL BEERNINK TRUSTEE 002.00 X 0 0 0 DR WILLIAM LINCOLN TRUSTEE 002.00 X 0 0 0 MR KEVIN AMES SR TRUSTEE 002.00 X 0 0 0 DR MICHAEL STOLTENBERG TRUSTEE 002.00 X 0 0 0 PASTOR DAVE ANDERSON TRUSTEE 002.00 X 0 0 0 MR DAVID BALDWIN TRUSTEE 002.00 X 0 0 0 MR RANDY MELCHERT JR TRUSTEE 002.00 X 0 0 0 MR ZACHARY MORTIMER TRUSTEE 002.00 X 0 0 0 DR ANDY COUNTERMAN TRUSTEE 002.00 X 0 0 0 PASTOR CHAD PRIGGE TRUSTEE 002.00 X 0 0 0 MR JOHN PHILLIPS TRUSTEE 002.00 X 0 0 0 MR STEPHEN BURTON TRUSTEE 002.00 X 0 0 0 222966 181454 2 false true false Pioneer College Caterers Inc 12351 West 96th Terrace Suite 204 Lenexa KS 66215 Food Service 717426 Oliver Construction Company 1770 Executive Drive Oconomowoc WI 53066 Contractor 205457 CDW Government Inc 75 Remittance Drive Ste 1515 Chicago IL 60675 Computers, Software 166171 Baseman Brothers Inc N8121 Industrial Dr Ixonia WI 53036 Contractor 142631 Fierce Strategy and Creative LLC 400 Main Street Cottage 6 Saint Simons GA 31522 Website 136897 7 42738 604648 2411254 174575 3058640 TUITION AND FEES 900099 10953878 10953878 ROOM AND BOARD 721310 2891752 2891752 DAYCARE/PRESCHOOL 624410 611117 611117 ATHLETIC CAMPS 713990 100296 100296 PIANO STRING PREPARATORY 711190 90117 90117 14647160 143228 143228 2086 42738 15111 -13025 96290 94549 1741 DOUBTFUL ACCOUNTS RECOVERY 900099 19018 19018 MISCELLANEOUS 900099 564207 564207 583225 18420969 15373613 0 2437030 2437030 0 0 370208 370208 6112001 5180725 882675 48601 0 0 2784068 2260664 501391 22013 410395 336619 70830 2946 600 600 5000 5000 63379 63379 0 0 0 154081 154081 0 436676 95020 341656 0 693496 693496 0 0 0 217095 217095 0 998473 998473 0 Instruction 353659 353659 Academic Support 270290 270290 Student Services 365774 365774 Institutional Support 619059 556285 62774 1287894 1287894 17579178 14990010 2452834 136334 2991664 2065338 45000 167419 883691 106438 18583 14940 64194 139221 35669497 19899907 14798066 15769590 2895636 3345274 43645 44156 2034906 1734524 23775385 23386900 152400 192523 69284 76058 5124612 4483229 994283 1059567 6340579 5811377 X 14851131 15327393 2583675 2248130 17434806 17575523 23775385 23386900 841791 -701074 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 2583675 1687259 -380210 1030489 511889 100216 2248130 1919310 868447 680479 619648 181294 83619 2583675 2028565 715093 88436 447661 412508 52615 1919310 2227642 1031265 107302 769643 502932 65069 2028565 2075244 473889 180386 79167 340990 81720 2227642 0.12000 0.88000 false false 101400 101400 31329067 16290345 15038722 4239030 3609562 629468 15769590 Financial derivatives and other financial products Closely-held equity interests LIBRARY HOLDINGS 1545987 NET CAPITALIZED CLOSING COSTS Rounding -2 Construction in Progress 188539 1734524 Federal income taxes ACCRUED SALARIES WAGES 405167 CLAIMS PAYABLE 222290 DEFERRED COMPENSATION PAYABLE 12521 STUDENT AGENCY FUNDS 14029 STUDENT DEPOSITS 416236 DEFERRED FINANCING COSTS -10676 Refundable Advance 1059567 17784730 -701074 107573 -593501 18378231 42738 42738 18420969 17644013 64835 64835 17579178 17579178 V 4 In accordance with donor restrictions, the funds will be used for these intended purposes Scholarships, Alumni Funds, Builders Club Projects, Buildings, Grounds Equipment, Athletics, Auditorium Capital Campaign, Caring for our Students. XI 2d Bookstore and coffee shop expenses of 48,618 and 45,931, respectively, are reported as expenditures on the audited statement of activities. A golf outing net loss of 13,024 is netted with institutional expenses on the audited financial statements. XI 4b Contributions of 42,738 from the golf outing are netted with institutional expenses on the audited financial statements. XII 2d Part Xll line 2d represents the revenue vs expense classification offsets of Part Xl line 2d minus Part Xl line 4d. true true true true true true true false false false false false false false false true false true 6a The University received funds as a part of the federal governments response to the pandemic. e.g. HEERF. The University also received grants for qualifying students from the state of Wisconsin related to 1. K-12 instruction and 2. daycare tuition and food assistance. Golf Outing 44824 42738 2086 5046 9862 203 44824 42738 2086 5046 9862 203 15111 -13025 true Tuition Scholarship 631 2437030 Part I Line 2 The Institutions scholarship committee awards scholarships on a non-discriminatory basis, considering academic qualifications or distinctive scholarship criteria. X true true X X false false false false false false false false false MR DONALD DONOVAN VP BUSINESS AFFAIRS 57391 95551 152942 DR MATTHEW DAVIS CEO 88951 61537 150488 Part I Line 1b The University designates a portion of ministerial cash compensation as housing allowance. Related to trustee Daughter of trustee 5113 Scholarship false X Other Equipment 249 124408 Difference between cash paid and fair market value X Academy Equipment 98 50167 Difference between cash paid and fair market value false false false Form 990, Part VI, Section B, Line 11b The 990 is reviewed internally by the controller and VP of Business Affairs. Form 990, Part VI, Section B, Line 12c The trustees are asked to sign a Statement of Conflict of Interest on an annual basis. If a trustee does not sign the statement, he is asked personally if a conflict exists. Restrictions on the trustee are applied based upon the nature of the conflict. Form 990, Part VI, Section C, Line 19 The documents are made available to employees through the employee intranet and to others upon request.