Mission
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.
Public Charity
MARANATHA BAPTIST UNIVERSITY INC
MARANATHA BAPTIST UNIVERSITY INC is a Public Charity headquartered in WATERTOWN, WI. Financial data from the 2025 filing: $19.1M revenue, $18.8M expenses, $23.3M total assets. 27 publicly reported grants to this organization, totaling roughly $3.0M, appear in IRS filings.
EIN: 391097032
WATERTOWN, WI
Latest filing: 2025
Total Revenue$19.1M
Total Expenses$18.8M
Total Assets$23.3M
Grant Records27
Funding Total$3.0M
Filing Years2021–2025
Where $100 goes at Maranatha Baptist University Inc
How Maranatha Baptist University Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$85
Programs
the work itself
$14
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $85 for programs
$85
The sole program service activity is the operation of a christian university 1491 main campus and online students
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$141,955
WATERTOWN EMPLOYER SPONSORED CARE
$41,670
STUDENT AID/TUITION
$25,500
Student Assistance
$24,724
Showing up to 5 of 27 total records — full history available with membership.
Officers & Directors
TRUSTEE
Dr Andy Counterman
PRESIDENT
Dr Dave Anderson
CHAIRMAN
Dr David Oliver
TRUSTEE
Dr Jeremiah Cochran
TRUSTEE
Dr Jesse Sherburn
CHANCELLOR
Dr Marty Marriott
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $19.1M | $18.8M | $23.3M |
| 2024 | $17.2M | $18.3M | $22.5M |
| 2023 | $17.5M | $18.1M | $23.3M |
| 2022 | $18.4M | $17.6M | $23.4M |
| 2021 | $19.5M | $16.5M | $23.8M |
Between 2021 and 2025, reported annual revenue declined from $19.5M to $19.1M (-2%), with total assets most recently reported at $23.3M.
Interactive year-over-year charts and full filing details available with membership.