Civic Intelligence

Crown College

990 • Fiscal year 2024 • EIN 41-0693968

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 02, 2025

Organization ProfileWWW.CROWN.EDU

View Organization Page

8700 College View DriveSt Bonifacius, MN 55375-9001

(952) 446-4100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.39x

Higher debt load relative to assets than 66% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.59x

Higher debt load relative to revenue than 68% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

45th percentile

2.4%

Higher net margin than 45% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$199,819

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

38th percentile

2.6%

Faster asset growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

4.0%

Faster revenue growth than 39% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$49,733,662

Up $1,246,072 (+2.6%) from 2023

Net Assets

Up

$30,199,865

Up $1,318,285 (+4.6%) from 2023

Liabilities

Down

$19,533,797

Down $72,213 (-0.4%) from 2023

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin45th percentile

Revenue

Up

$33,366,236

Up $1,285,742 (+4.0%) from 2023

Expenses

Up

$32,578,016

Up $2,792,363 (+9.4%) from 2023

Net Income

Down

$788,220

Down $1,506,621 (-66%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $27,917,029Liabilities 2010: $12,558,886Net Assets 2010: $15,358,1432010Assets 2011: $27,730,635Liabilities 2011: $11,902,724Net Assets 2011: $15,827,9112011Assets 2012: $29,349,899Liabilities 2012: $13,381,032Net Assets 2012: $15,968,8672012Assets 2013: $31,202,337Liabilities 2013: $14,431,180Net Assets 2013: $16,771,1572013Assets 2014: $32,480,115Liabilities 2014: $15,412,734Net Assets 2014: $17,067,3812014Assets 2015: $32,537,596Liabilities 2015: $14,876,980Net Assets 2015: $17,660,6162015Assets 2016: $34,039,477Liabilities 2016: $16,580,861Net Assets 2016: $17,458,6162016Assets 2017: $31,811,981Liabilities 2017: $13,037,811Net Assets 2017: $18,774,1702017Assets 2018: $32,342,432Liabilities 2018: $12,635,929Net Assets 2018: $19,706,5032018Assets 2019: $32,882,263Liabilities 2019: $12,185,156Net Assets 2019: $20,697,1072019Assets 2020: $35,449,181Liabilities 2020: $13,312,700Net Assets 2020: $22,136,4812020Assets 2021: $38,310,652Liabilities 2021: $11,377,438Net Assets 2021: $26,933,2142021Assets 2022: $37,245,968Liabilities 2022: $11,374,617Net Assets 2022: $25,871,3512022Assets 2023: $48,487,590Liabilities 2023: $19,606,010Net Assets 2023: $28,881,5802023Assets 2024: $49,733,662Liabilities 2024: $19,533,797Net Assets 2024: $30,199,8652024

Highlighted filing

2024

Assets$49,733,662
Liabilities$19,533,797
Net Assets$30,199,865
Open 2024 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $21,728,7922010Revenue 2011: $22,135,480Expenses 2011: $22,263,313Net Income 2011: -$127,8332011Expenses 2012: $22,663,9782012Expenses 2013: $23,801,4322013Revenue 2014: $25,049,506Expenses 2014: $25,072,491Net Income 2014: -$22,9852014Revenue 2015: $25,367,790Expenses 2015: $24,353,594Net Income 2015: $1,014,1962015Revenue 2016: $23,786,678Expenses 2016: $23,769,295Net Income 2016: $17,3832016Revenue 2017: $24,388,130Expenses 2017: $23,648,794Net Income 2017: $739,3362017Revenue 2018: $24,753,139Expenses 2018: $23,699,721Net Income 2018: $1,053,4182018Revenue 2019: $25,665,311Expenses 2019: $24,727,789Net Income 2019: $937,5222019Revenue 2020: $25,391,578Expenses 2020: $23,857,077Net Income 2020: $1,534,5012020Revenue 2021: $27,885,766Expenses 2021: $24,536,939Net Income 2021: $3,348,8272021Revenue 2022: $28,090,342Expenses 2022: $27,541,226Net Income 2022: $549,1162022Revenue 2023: $32,080,494Expenses 2023: $29,785,653Net Income 2023: $2,294,8412023Revenue 2024: $33,366,236Expenses 2024: $32,578,016Net Income 2024: $788,2202024

Highlighted filing

2024

Revenue$33,366,236
Expenses$32,578,016
Net Income$788,220
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 2, 2025
Return Version
2023v6.0
Gross Receipts
$36,885,099
Mission and Program Overview

Mission

The mission of crown college is to provide a biblically based education for christian leadership in the christian and missionary alliance, the church-at-large, and the world.

Provide a christian education without regard to race, gender, age, handicap or ethnicity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,684,579$30,102,957▲ $2,418,378
Investments in Publicly Traded Securities$9,189,261$9,473,581▲ $284,320
Savings and Temporary Cash Investments$6,807,461$4,981,524▼ $1,825,937
Investments Other Securities$1,142,176$1,140,662▼ $1,514
Cash and Non-Interest-Bearing Accounts$315,795$1,058,553▲ $742,758
Prepaid Expenses and Deferred Charges$457,459$547,429▲ $89,970
Investments Program Related$595,877$363,848▼ $232,029
Accounts Receivable$744,579$224,965▼ $519,614
Inventories for Sale or Use$30,497$40,224▲ $9,727
Pledges and Grants Receivable$165$0▼ $165
Total Assets$48,487,590$49,733,662▲ $1,246,072
Other Assets Total$1,519,741$1,799,919▲ $280,178
Liabilities
Tax Exempt Bond Liabilities$11,590,785$14,830,623▲ $3,239,838
Deferred Revenue$2,489,703$2,420,829▼ $68,874
Other Liabilities$1,591,867$1,334,252▼ $257,615
Accounts Payable and Accrued Expenses$3,909,520$927,998▼ $2,981,522
Escrow Account Liability$24,135$20,095▼ $4,040
Total Liabilities$19,606,010$19,533,797▼ $72,213
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,381,777$17,819,035▼ $562,742
Net Assets With Donor Restrictions$10,499,803$12,380,830▲ $1,881,027
Total Net Assets Fund Balance$28,881,580$30,199,865▲ $1,318,285
Total Liabilities and Net Assets / Fund Balance$48,487,590$49,733,662▲ $1,246,072

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,812,887$21,872,335$46,685,222
Equipment$4,259,434$8,511,281$12,770,715
Other Land Buildings$885,307-$885,307
Land$145,329-$145,329

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$10,400,791$121,785▲ $1,042,185$700,000$10,548,368
2022$9,836,677$145,366▲ $816,165-$10,400,791
2021$11,207,288$205,535▼ $1,295,825-$9,836,677
2020$9,364,229$76,167▲ $2,021,968-$11,207,288
2019$9,095,388$197,687▲ $260,977-$9,364,229
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew DentonPresidentFT$159,267$40,552$199,819
Chris MathewsVP of Academic AffairsFT$142,103$21,896$163,999
Mike PriceChief Operating OfficerFT$124,310$30,749$155,059
Krista HoekstraDean of School of Health SciencesFT$113,806$30,919$144,725
Bill BojanDean of School of BusinessFT$108,841$22,324$131,165
Joel JohnsonVP of College RelationsFT$107,461$18,765$126,226
Fawn MccrackenDean of School of Online StudiesFT$103,380$22,171$125,551

Board Members and Trustees

NameTitle
Greg KummerChair
Bob SolfeltVice Chair
Choua YangTrustee
Dale TealTrustee
Dan ScarrowTrustee
Darril HoldenTrustee
David TarrantTrustee
Eric TompkinsTrustee
Gary FriesonTrustee
Gordon PaisleyTrustee
Hector BelenTrustee
Jim NashTrustee
Joel HarmonTrustee
Juan PadillaTrustee
May VangTrustee
Pat CostelloTrustee
Verna PriceTrustee
Wang LeeTrustee
Kimberly ThomasSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Sodexo INC & AffiliatesFacilities Services/food Service9801 WASHINGTONIAN BLVD, Gaithersburg, MD 20878$2,844,519
Vos ConstructionConstruction19063 371ST AVE, Green Isle, MN 55338$1,508,582
Ls Black ConstructorsConstruction1959 SLOAN PL STE 220, Saint Paul, MN 55117$1,078,417
Platinum Information ServicesInformation Technology324 STATE AVE, Hampton, IL 61256$158,554
Ar Engh Heating & Air ConditioningHvac150 OLSEN BLVD NE, Cokato, MN 55321$118,627
Revenue and Support

Revenue Composition

Contributions and Grants
$3,101,180
Program Service Revenue
$29,551,490
Investment Income
$713,566
Other Revenue
$0
All Other Contributions
$2,804,733
Change in Net Assets
$788,220

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$916,673Fair Market Value (FMV)
Total Noncash Contributions3$916,673-

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,257,187
Revenue Not Reported on Financial Statements
$9,109,049
Revenue Not Reported on Form 990
$530,065
Other Revenue Adjustments
$9,062,852
Total Revenue per Audited Statements
$24,787,252
Total Revenue per Form 990
$33,366,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,761,835
Other Expenses$11,753,329
Grants and Similar Amounts Paid$9,062,852
Total Fundraising Expense$377,208
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,605,458$1,305,629$179,417$9,090,504
Grants to Domestic Individuals$9,062,852--$9,062,852
Depreciation Depletion$2,401,508$139,770-$2,541,278
Fees for Services Management$1,229,368--$1,229,368
Other Employee Benefits$1,061,892$143,262$22,364$1,227,518
Travel$839,981$54,523$34,558$929,062
All Other Expenses$505,633$386,318$8,710$900,661
Fees for Services Other$361,539$331,521$437$693,497
Information Technology$47,821$613,988-$661,809
Payroll Taxes$528,782$115,362$14,167$658,311
Office Expenses$386,816$222,554$23,514$632,884
Occupancy$595,903$34,682-$630,585
Interest$502,774$29,262-$532,036
Current Officers, Directors, Trustees, and Key Employees-$459,719$31,637$491,356
Advertising$70,707$346,123$39,805$456,635
Pension Plan Contributions$251,450$37,177$5,519$294,146
Insurance-$133,560-$133,560
Other Expenses$90,549$17,751$14,795$108,300
Fees for Services Accounting-$79,900-$79,900
Fees for Service Investment Mgmnt Fees-$46,197-$46,197
Fees for Services Legal-$38,045-$38,045
Conferences and Meetings$27,694$6,649$2,285$36,628
Total Functional Expenses$27,593,805$4,607,003$377,208$32,578,016

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$32,578,016
Expenses per Audited Statements$23,468,967
Total Expenses per Audited Statements$23,468,967
Expenses Not Reported on Financial Statements$9,109,049
Other Expense Adjustments$9,062,852
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Asset Retirement Obligation$1,033,311
Deposits$230,798
Student Aid - Government Portion$70,143

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Mayer Minnesota2022-06-10$8,000,000Construction of facilities
BCity of St Bonifacious Minnesota2022-06-10$7,483,642REFINANCING

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,000,000$7,483,642$8,000,000$160,000
B$7,483,642-$380,004-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“The executive committee of the board shall consist of the president of the college (non-voting member), the three (3) officers of the board and the chairs of the standing committees. The executive committee shall function within the framework of policies established by the board and report to it all action taken.”

Form 990, Part VI, Section A, Line 3

“Crown college pays sudexo for facility management services.”

Form 990, Part VI, Section A, Line 7A

“The northwestern, midwest, rocky mountain, southwestern, mid-america, western great lakes, and the hmong and spanish central intercultural districts of the christian and missionary alliance will elect or appoint one trustee each.”

Form 990, Part VI, Section A, Line 7B

“The following actions must be approved by the board of directors of the christian and missionary alliance: 1. Appointment of the president of the college. 2. Addition, amendment or repeal of the articles of incorporation or bylaws of the college.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was prepared by an independent accounting firm. A tax return draft was provided to the organization's management team for a detail review. After all changes were made and questions answered, a final copy of the form 990 was then provided to all board members prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members, officers and management employees complete a conflict of interest disclosure form annually. If a potential conflict arises: 1. The proposed transaction is reported to the chair of the board or president and approved in advance by the board. 2. The board record must demonstrate that the transaction is truly in the best interest of the college, as provided by a competitive bid or comparative evaluation, and that it does not violate state law. 3. The conflicted individual is excused during the process of board deliberation and voting, other than to present factual information or to answer questions. 4. In certain cases, another board member may be assigned to act on behalf of the college in dealing with the transaction to assure that normal corporate controls and accountability are maintained.”

Form 990, Part VI, Section B, Line 15

“The board of trustees determines the compensation of the president in relation to peer institution averages. This process last included review and approval by independent persons, comparability data and contemporaneous substantiation in spring of 2024 for the president, a. Denton. The president sets the compensation of other officers and key employees in relation to peer institution averages. The process described here was last completed in 2024.”

Form 990, Part VI, Section C, Line 19

“The college's financial statements are available upon request. The college does not make its governing documents nor its conflict of interest policy available to the public.”

Filing and Contact Details

Filer

Filer Name
Crown College
EIN
41-0693968
Phone
9524464100
Address
8700 COLLEGE VIEW DRIVE, ST BONIFACIUS, MN 55375-9001

Signing Officer

Name
Brian Schwarz
Title
Vice President, Finance & Oper
Phone
9524464100
Signed
2025-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Andrew Denton
Formed
1916
Legal Domicile
Mn
Voting Board Members
19
Independent Board Members
19
Employees
628
Volunteers
19

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Ann Neil
Phone
6123764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process for oversight and selection of an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“The college holds benevolence funds for the benefit of students. It also holds excess funds associated with hosting a conference that rotates among participating colleges. The excess funds are passed along to be used by the next college to host the conference.”

PART V, LINE 4:

“The college's endowments consist of approximately 135 individual funds established for three primary purposes: scholarship funds, loans to students, and funding academic support.”

PART X, LINE 2:

“The internal revenue service has determined that the college is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. It is also exempt from state income tax. However, any unrelated business income may be subject to taxation. The college has adopted the accounting standard relating to accounting for uncertainty in income taxes. This standard clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. The implementation of this standard had no impact on the college's financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Scholarship and grant expenses 9,062,852.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarship and grant expenses 9,062,852.”

Raw XML AppendixShowing 400 of 935 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0OUR CLASSES WILL EQUIP YOU WITH PROFESSIONAL SKILLS WHILE INTEGRATING THOSE TOOLS WITH YOUR LIFE'S PURPOSE. AS YOU LEARN WHAT ROLES YOU HAVE BEEN CREATED FOR, WE'LL HELP YOU SEE HOW THAT FITS INTO A CAREER. TO PREPARE YOU ACADEMICALLY FOR LIFE'S CALLING, CROWN COLLEGE OFFERS OVER 25 UNDERGRADUATE DEGREE PROGRAMS AS WELL AS OPPORTUNITIES TO STUDY ABROAD AND TO BE PART OF A GREAT HONORS PROGRAM. CROWN HAD OVER 650 STUDENTS ENROLLED IN THE UNDERGRADUATE STUDIES PROGRAM AND GRADUATED OVER 100 STUDENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt21VP OF ACADEMIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt22DEAN OF SCHOOL OF BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt23DEAN OF SCHOOL OF HEALTH SCIENCES
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP OF COLLEGE RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt25DEAN OF SCHOOL OF ONLINE STUDIES
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IRS990/MissionDesc0THE MISSION OF CROWN COLLEGE IS TO PROVIDE A BIBLICALLY BASED EDUCATION FOR CHRISTIAN LEADERSHIP IN THE CHRISTIAN AND MISSIONARY ALLIANCE, THE CHURCH-AT-LARGE, AND THE WORLD.
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Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,733,662
Liabilities
$19,533,797
Net assets
$30,199,865
Revenue
$33,366,236
Expenses
$32,578,016
Net income
$788,220
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$49.7$19.5$30.2$33.4$32.6$0.79
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.5$19.6$28.9$32.1$29.8$2.29
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.2$11.4$25.9$28.1$27.5$0.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.3$11.4$26.9$27.9$24.5$3.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.4$13.3$22.1$25.4$23.9$1.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.9$12.2$20.7$25.7$24.7$0.94
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.3$12.6$19.7$24.8$23.7$1.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.8$13.0$18.8$24.4$23.6$0.74
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.0$16.6$17.5$23.8$23.8$0.02
2015Detailed filing. Detailed filing data is available for this year.$32.5$14.9$17.7$25.4$24.4$1.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.5$15.4$17.1$25.0$25.1$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.2$14.4$16.8$23.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$13.4$16.0$22.7
2011Summary only. Only limited summary data is available for this year.$27.7$11.9$15.8$22.1$22.3$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$12.6$15.4$21.7