Civic Intelligence

Calvary Chapel University Inc

EIN 46-3745855 • 501(c)3 • Sun City, AZ

Profile

To "go therefore and make disciples of all the nations, baptizing them in the name of the father and of the son and of the holy spirit, teaching them to observe all things that i have commanded you; and lo, i am with you always, even to the end of age." the organization has three primary sources of revenue: (1) college of biblical studies programs (ba, ma, and mdiv) (2) college of education (ba, ma) (3) support from youth development inc.

13848 N Bolivar DriveSun City, AZ 85351

calvarychapeluniversity.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.51x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

63rd percentile

0.17x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

39th percentile

0.1%

Higher net margin than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

49th percentile

$52,800

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

88th percentile

42%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

56th percentile

11%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$378,214

Up $111,265 (+42%) from 2024

Liabilities

Up

$191,100

Up $63,963 (+50%) from 2024

Net Assets

Up

$187,114

Up $47,302 (+34%) from 2024

Revenue

Up

$1,140,194

Up $113,138 (+11%) from 2024

Expenses

Up

$1,139,194

Up $141,080 (+14%) from 2024

Net Income

Down

$1,000

Down $27,942 (-97%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2015: $59,797Liabilities 2015: $15,271Net Assets 2015: $44,5262015Assets 2016: $31,269Liabilities 2016: $18,453Net Assets 2016: $12,8162016Assets 2017: $57,188Liabilities 2017: $5,800Net Assets 2017: $51,3882017Assets 2018: $83,824Liabilities 2018: $16,902Net Assets 2018: $66,9222018Assets 2019: $119,537Liabilities 2019: $14,566Net Assets 2019: $104,9712019Assets 2020: $102,838Liabilities 2020: $34,048Net Assets 2020: $68,7902020Assets 2021: $126,656Liabilities 2021: $39,860Net Assets 2021: $86,7962021Assets 2022: $136,073Liabilities 2022: $32,703Net Assets 2022: $103,3702022Assets 2023: $192,837Liabilities 2023: $81,967Net Assets 2023: $110,8702023Assets 2024: $266,949Liabilities 2024: $127,137Net Assets 2024: $139,8122024Assets 2025: $378,214Liabilities 2025: $191,100Net Assets 2025: $187,1142025

Highlighted filing

2025

Assets$378,214
Liabilities$191,100
Net Assets$187,114

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2015: $370,305Expenses 2015: $347,813Net Income 2015: $22,4922015Revenue 2016: $472,335Expenses 2016: $504,045Net Income 2016: -$31,7102016Revenue 2017: $226,264Expenses 2017: $187,692Net Income 2017: $38,5722017Revenue 2018: $323,452Expenses 2018: $307,918Net Income 2018: $15,5342018Revenue 2019: $459,430Expenses 2019: $421,381Net Income 2019: $38,0492019Revenue 2020: $504,034Expenses 2020: $499,374Net Income 2020: $4,6602020Revenue 2021: $599,386Expenses 2021: $531,038Net Income 2021: $68,3482021Revenue 2022: $744,729Expenses 2022: $726,652Net Income 2022: $18,0772022Revenue 2023: $862,776Expenses 2023: $856,356Net Income 2023: $6,4202023Revenue 2024: $1,027,056Expenses 2024: $998,114Net Income 2024: $28,9422024Revenue 2025: $1,140,194Expenses 2025: $1,139,194Net Income 2025: $1,0002025

Highlighted filing

2025

Revenue$1,140,194
Expenses$1,139,194
Net Income$1,000

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,140,194
Mission and Program Overview

Mission

To Go therefore and make disciples of all the nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit, teaching them to observe all things that I have commanded you; and lo, I am with you always, even to the end of the age

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$182,995$201,816▲ $18,821
Accounts Receivable$47,075$81,549▲ $34,474
Pledges and Grants Receivable-$69,397-
Savings and Temporary Cash Investments$36,879--
Prepaid Expenses and Deferred Charges-$25,452-
Total Assets$266,949$378,214▲ $111,265
Liabilities
Deferred Revenue$33,343$116,068▲ $82,725
Accounts Payable and Accrued Expenses$75,761$75,032▼ $729
Other Liabilities$18,033--
Total Liabilities$127,137$191,100▲ $63,963
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$139,812$187,114▲ $47,302
Total Net Assets Fund Balance$139,812$187,114▲ $47,302
Total Liabilities and Net Assets / Fund Balance$266,949$378,214▲ $111,265
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
F Chapin Marsh IiiDirectorFT$52,800$52,800

Board Members and Trustees

NameTitle
Jeffrey StrattonPresident
Matthew ChavezDirector
Debbie RomeroSecretary
John LouisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$91,338
Program Service Revenue
$1,046,660
Investment Income
$194
Other Revenue
$2,002
All Other Contributions
$91,338
Change in Net Assets
$1,000

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,140,194
Total Revenue per Audited Statements
$1,140,194
Total Revenue per Form 990
$1,140,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,031,037
Salaries, Compensation, and Employee Benefits$108,157
Total Fundraising Expense$37,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$573,863$185,856-$759,719
Current Officers, Directors, Trustees, and Key Employees$34,320$18,480-$52,800
Other Salaries and Wages$23,750$23,750-$47,500
Information Technology$45,704--$45,704
Travel-$41,390-$41,390
Advertising--$37,831$37,831
Fees for Services Accounting-$27,423-$27,423
Insurance$12,383--$12,383
Occupancy-$11,250-$11,250
Payroll Taxes$4,715$3,142-$7,857
All Other Expenses$6,963$172-$7,135
Other Expenses$6,540$19,158-$6,540
Conferences and Meetings-$5,936-$5,936
Office Expenses$2,272$3,027-$5,299
Fees for Services Legal-$500-$500
Total Functional Expenses$761,279$340,084$37,831$1,139,194

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,139,194
Total Expenses per Audited Statements$1,139,194
Total Expenses per Form 990$1,139,194
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Cade MarshPres SonAdminNo-
Calgary MarshPres DaughterAdminNo-
Christine MarshPresident WifeTeacher Salary AdminNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

990 is reviewed by board members and top management before submission. A copy of the final form 990 is also provided to the voting members of the organizations governing body before submission to the irs.

Conflict of interest policy compliance Part VI line 12C

The organizations conflict of interest policy is distributed to each member of the governing body, it officers and key employees on an annual basis. Each individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and are disclosing the details of such conflicts. Any disclosure statements with previously undisclosed

CEO executive director top management comp Part VI line 15A

Compensation process for top official the organization has adopted an executive compensation setting policy applicable to all disqualified persons, including the organizations ceo, officers and key employees. Under the policy, an independent committee of the board of directors annually reviews and approves the compensation levels of all individiuals subject to the policy. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparable data in its deliberations, updated comparable data that is generally obtained every two to three years.

Governing documents etc available to public Part VI line 19

Governing documents disclosure explanation the organization provides upon request, copies of its articles of incorporation, bylaws, conflict of interest policy and its financial statements.

Filing and Contact Details

Filer

Filer Name
Calvary Chapel University Inc
EIN
46-3745855
In Care Of
% F CHAPIN MARSH III
Phone
8772724253
Address
13848 N BOLIVAR DRIVE, Sun City, AZ 85351

Signing Officer

Name
F Chapin Marsh Iii
Title
Director
Phone
8002724253
Signed
2025-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Chapin Marsh Iii
Formed
2013
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
4

Preparer

Firm
The James Vincent Group LLC
Address
9375 E Shea Blvd Suite 100, Scottsdale, AZ 85260
Preparer
Gabriel V Buldra
Phone
4804229777
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Contractors - education $573,863 - program services contractors - adim $185,856 - management & general

General explanation attachment

Organizations mission to go therefore and make disciples of all the nations, baptizing them in the name of the father and of the son and of the holy spirit, teaching them to observe all things that i have commanded you; and lo, i am with you always, even to the end of age. The organization has three primary sources of revenue: (1) college of biblical studies programs (ba, ma, and mdiv) (2) college of education (ba, ma) (3) support from youth development inc.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS REVIEWED BY BOARD MEMBERS AND TOP MANAGEMENT BEFORE SUBMISSION. A COPY OF THE FINAL FORM 990 IS ALSO PROVIDED TO THE VOTING MEMBERS OF THE ORGANIZATIONS GOVERNING BODY BEFORE SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE GOVERNING BODY, IT OFFICERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. EACH INDIVIDUAL PROVIDES AN ANNUAL DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, READ, UNDERSTOOD AND AGREED TO COMPLY WITH THE POLICY, CERTIFYING THAT: (1) THEY HAVE NO RELATIONSHIPS OR INTERESTS THAT PRESENT A CONFLICT OF INTEREST, (2) THEY HAVE ONE OR MORE CONFLICTS OF INTEREST THAT HAVE BEEN FULLY DISCLOSED AS REQUIRED BY THE POLICY AND HAVE BEEN PROPERLY ADMINISTERED IN CONFORMITY WITH THE POLICY, OR (3) THEY HAVE PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST AND ARE DISCLOSING THE DETAILS OF SUCH CONFLICTS. ANY DISCLOSURE STATEMENTS WITH PREVIOUSLY UNDISCLOSED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICIAL THE ORGANIZATION HAS ADOPTED AN EXECUTIVE COMPENSATION SETTING POLICY APPLICABLE TO ALL DISQUALIFIED PERSONS, INCLUDING THE ORGANIZATIONS CEO, OFFICERS AND KEY EMPLOYEES. UNDER THE POLICY, AN INDEPENDENT COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE COMPENSATION LEVELS OF ALL INDIVIDIUALS SUBJECT TO THE POLICY. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY SUBSTANTIATED. THE COMMITTEE UTILIZES COMPARABLE DATA IN ITS DELIBERATIONS, UPDATED COMPARABLE DATA THAT IS GENERALLY OBTAINED EVERY TWO TO THREE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ORGANIZATION PROVIDES UPON REQUEST, COPIES OF ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTORS - EDUCATION $573,863 - PROGRAM SERVICES CONTRACTORS - ADIM $185,856 - MANAGEMENT & GENERAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATIONS MISSION TO GO THEREFORE AND MAKE DISCIPLES OF ALL THE NATIONS, BAPTIZING THEM IN THE NAME OF THE FATHER AND OF THE SON AND OF THE HOLY SPIRIT, TEACHING THEM TO OBSERVE ALL THINGS THAT I HAVE COMMANDED YOU; AND LO, I AM WITH YOU ALWAYS, EVEN TO THE END OF AGE. THE ORGANIZATION HAS THREE PRIMARY SOURCES OF REVENUE: (1) COLLEGE OF BIBLICAL STUDIES PROGRAMS (BA, MA, AND MDIV) (2) COLLEGE OF EDUCATION (BA, MA) (3) SUPPORT FROM YOUTH DEVELOPMENT INC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The James Vincent Group LLC
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