Central Methodist University
89% goes to programs $18 to raise $100 Strong reserves
Central Methodist University is a 501(c)(3) organization based in Fayette, Missouri, registered in 1976, with $56,259,707 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
411 Central Methodist Sq, Fayette, MO, 65248 EIN 43-0654854 Since 1976
Revenue (FY2023)
$56.3M
▼ 2.2% vs prior year
Education median: $200K
Expenses (FY2023)
$58.2M
Net assets
$154.1M
Employees
930
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating89% to programs · $18 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Central Methodist University: 89% to programs · $18 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating32 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Central Methodist University: 32 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Central Methodist University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Central Methodist University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Central methodist university fosters a diverse and caring community, empowering students to become lifelong learners, committed to academic excellence, prepared to engage in a complex world.
What they do
Higher education student services for activities that contribute to the student experience
Higher education instruction and research expenditures to operate institution for over 3,800 students
Higher education auxiliary expenses - expenses for room and board for over 600 students living on campus
Contact & location
- Address
- 411 Central Methodist Sq, Fayette, MO, 65248
- City
- Fayette
- State
- Missouri
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $45.7M (FY2013) to $56.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $10.7MNet assets $154.1M
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$164.9M
Total liabilities
$10.7M
Net assets
$154.1M
Salaries & benefits
$25.8M
44% of expenses
Board members
40
39 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $56,259,707▼2.2% | $58,239,566▲0.7% | $154,118,850▲2.4% | $164,860,867▲1.6% | 990 |
| 2022 | $57,521,736▼8.9% | $57,820,252▼1.2% | $150,564,994▲2.6% | $162,211,399▲3.2% | 990 |
| 2021 | $63,159,586▼3.9% | $58,540,825▲9.5% | $146,730,017▼2.4% | $157,110,392▼2.5% | 990 |
| 2020 | $65,752,214▲18.9% | $53,470,056▲3.0% | $150,280,527▲21.4% | $161,128,391▲16.2% | 990 |
| 2019 | $55,286,312▲1.2% | $51,915,191▼0.4% | $123,794,334▲2.4% | $138,609,356▲5.4% | 990 |
| 2018 | $54,646,360▼4.8% | $52,140,623▲6.7% | $120,851,758▲3.3% | $131,518,129▲2.2% | 990 |
| 2017 | $57,383,594▲14.6% | $48,886,646▲2.2% | $116,978,645▲8.4% | $128,721,697▲8.3% | 990 |
| 2016 | $50,056,522▼15.0% | $47,848,029▲4.0% | $107,889,740▲5.4% | $118,846,230▲4.5% | 990 |
| 2015 | $58,919,933▲5.5% | $46,013,294▲1.6% | $102,346,676▲12.5% | $113,695,397▲9.7% | 990 |
| 2014 | $55,858,920▲22.2% | $45,292,154▲9.6% | $91,012,876▲11.0% | $103,677,968▲8.8% | 990 |
| 2013 | $45,704,701 | $41,340,232▲6.7% | $82,002,974▲11.6% | $95,294,929▲9.9% | 990 |
| 2012 | — | $38,748,891▲8.7% | $73,494,890▲9.1% | $86,726,842▲6.7% | 990 |
| 2011 | — | $35,658,559▲3.4% | $67,384,600▲5.6% | $81,246,051▲8.7% | 990 |
| 2010 | — | $34,469,896▲9.2% | $63,785,209▲16.7% | $74,775,931▲13.5% | 990 |
| 2009 | — | $31,553,130 | $54,637,665 | $65,899,052 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Roger Drake — $334,545 (0.57% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Roger Drake | President/trustee | 40 | $334,545 |
| Rita Gulstad | Vice President/provost | 40 | $287,198 |
| William Sheehan | Vice President/provost | 40 | $211,883 |
| Julee Sherman | Vp For Finance & Administr | 40 | $198,376 |
| Stephanie Brink | Administrator | 40 | $198,293 |
| Chad Gaines | Vice President/provost | 40 | $186,552 |
| David Gorton | Administrator | 40 | $177,026 |
| Carlena Klusmeyer | Administrator | 40 | $167,828 |
| Sally Hackman | Administrator | 40 | $133,519 |
| John Flanders | Administrator | 40 | $120,976 |
| Bishop Robert Farr | Trustee | 1 | — |
| Bruce Addison | Trustee | 1 | — |
| Christina Shutt | Trustee | 1 | — |
| Clayton Smith | Trustee | 1 | — |
| David Atkins | Trustee | 1 | — |
| David Lemke | Trustee | 1 | — |
| Deborah Dodge | Trustee | 1 | — |
| Eric Trelz | Trustee | 1 | — |
| Frank Wallis | Trustee | 1 | — |
| Ivan James III | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Little Dixie Construction | Construction | $6,146,986 |
| Fresh Ideas | Food Service | $1,745,931 |
| Jenzabar | Software | $350,943 |
| Commercial Source Indsutries LLC | Furniture | $144,134 |
| Hager Construction | Construction | $128,895 |
Grants received · $1.0M total
45 grants to Central Methodist University totaling $1.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Colleges and universities | 2024 | $11,100 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $10,000 |
| National Philanthropic Tr | Health | 2023 | $71,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $35,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $27,500 |
| Tulsa Community Foundation | Scholarships | 2023 | $14,531 |
| National Christian Charitable Foundation | Growth | 2023 | $11,100 |
| American Online Giving Foundation Inc | General support | 2023 | $6,956 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $6,000 |
| Donor Advised Charitable Giving | Education | 2023 | $5,750 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $105,000 |
| American Online Giving Foundation Inc | General support | 2022 | $19,114 |
| Tulsa Community Foundation | Scholarships | 2022 | $15,000 |
| The Blackbaud Giving Fund | General support | 2022 | $10,800 |
| National Philanthropic Tr | Education | 2021 | $73,000 |
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Frequently asked questions
- Is Central Methodist University a legitimate nonprofit?
- Yes. Central Methodist University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-0654854, based in Fayette, Missouri. Donations are tax-deductible.
- What is Central Methodist University's EIN?
- Central Methodist University's Employer Identification Number (EIN) is 43-0654854.
- How much revenue does Central Methodist University report?
- Central Methodist University reported $56,259,707 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Central Methodist University's spending goes to programs?
- Central Methodist University spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Central Methodist University have?
- CharityIndex grades Central Methodist University A, based on program efficiency and fundraising cost.
- How much does Central Methodist University's highest-paid employee make?
- The highest reported compensation on Central Methodist University's latest Form 990 is $334,545, paid to Roger Drake (President/trustee).
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Data for Central Methodist University (EIN 43-0654854) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.