Maranatha Baptist University Inc logo

Maranatha Baptist University Inc

Foundation · Grantmaker Watertown, WI EIN: 39-1097032 Website

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.

Key facts about Maranatha Baptist University Inc

In short: Maranatha Baptist University Inc gave $339K across 1 grant in 2025 (avg $339K), mostly in Wisconsin. Source: 2025 IRS Form 990.

EIN
39-1097032
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$339,012
Grants made (2025)
1
Average grant
$339,012
Median grant
$339,012
Total assets
$23,252,967
Primary geography
Wisconsin (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$23.3M

+3.4% YoY

Annual Giving

$339K

+26.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$339K

+26.7% YoY

About Maranatha Baptist University Inc

Based on IRS filings

Maranatha Baptist University Inc is a nonprofit organization, based in Watertown, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $23.3M in total assets. In 2025, it awarded 1 grant totaling $339K. Net investment income was $202K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Watertown

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3MTotal only20190 grants20200 grants20210 grants20221 grants20231 grants20241 grants2025

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Maranatha Baptist Academy: $339KMaranatha Baptist Academy$339K

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Maranatha Baptist Academy Watertown, WIEducation Support$339,012

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M2019202020212022202320242025
Metric202520242023
Total Assets$23,252,967$22,477,582$23,319,670
Revenue$19,081,586$17,194,200$17,461,517
Expenses$18,782,192$18,269,529$18,072,719
Qualifying Distributions———
Net Investment Income$202,069$143,064$-9,295
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 18, 2020)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)

Leadership & Key People

Officers and directors from IRS filings

Maranatha Baptist University Inc is led by Matthew Davis, CEO on every filing since 2021; 8 of 22 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Matthew Davis

    CEO

    On filings since 2021

    40 hrs/week

    $73K (2021) → $124K (2025)

  • Dave Anderson

    President

    On filings since 2024

    40 hrs/week

    $32K (2024) → $55K (2025)

  • David Oliver

    Chairman

    Trustee → Chairman, 2024

    On filings since 2020

    2 hrs/week

    $1K (2022) → $100 (2025)

  • Pastor Chad Prigge

    Trustee

    On filings since 2019

    2 hrs/week

    $8K (2019) → $0 (2025)

  • Randell Gillespie

    Trustee

    On filings since 2021

    2 hrs/week

    $100 (2025)

  • Jesse Sherburn

    Trustee

    New on the 2025 filing

    2 hrs/week

    $16K (2025)

  • Andy Counterman

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Darrell Beernink

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • David Baldwin

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Kevin Ames Sr.

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Michael Stoltenberg

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Randy Melchert Jr.

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Stephen Burton

    Trustee

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Tim Schmig

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Jeremiah Cochran

    Trustee

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Pastor Dave Schlagel

    Trustee

    New on the 2025 filing

    2 hrs/week

    No compensation reported

  • Donald Donovan

    Vice President Business Affairs

    On filings since 2019

    40 hrs/week

    $57K (2020) → $77K (2025)

  • Marty Marriott

    Chancellor

    President → Chancellor, 2024

    On filings since 2019

    40 hrs/week

    $91K (2019) → $41K (2025)

  • Robert Loggans

    Secretary

    On filings since 2019

    2 hrs/week

    $3K (2019) → $5K (2025)

  • Mark Poorman

    At Large

    Treasurer → At Large, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Michael Dean

    Vice Chairman

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Zachary Mortimer

    Treasurer

    Trustee → Treasurer, 2024

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (6)
  • Former: William Lincoln (2019–2024) — Trustee
  • Former: Doug Jackson (2019–2023) — Chairman
  • Former: Pastor Dave Anderson (2019–2023) — Trustee
  • Former: John Phillips (2019–2022) — Trustee
  • Former: Greg McLaughlin (2019) — Trustee
  • Former: Mark Stevens (2019) — Vice President Business Affairs

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Dr Matthew Davis — CEO: $124KDr Matthew DavisCEO$124KMr Donald Donovan — VP Business Affairs: $77KMr Donald DonovanVP Business Affairs$77KDr Dave Anderson — President: $55KDr Dave AndersonPresident$55KDr Marty Marriott — Chancellor: $41KDr Marty MarriottChancellor$41KDr Jesse Sherburn — Trustee: $16KDr Jesse SherburnTrustee$16KDr Robert Loggans — Secretary: $5KDr Robert LoggansSecretary$5KDr David Oliver — Chairman: $100Dr David OliverChairman$100Mr Randell Gillespie — Trustee: $100Mr Randell GillespieTrustee$100

Frequently asked questions about Maranatha Baptist University Inc

How much does Maranatha Baptist University Inc give each year?

Maranatha Baptist University Inc gave $339K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $268K across 1 grant.

How large is Maranatha Baptist University Inc?

Maranatha Baptist University Inc reported $23.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $19.1M.

Where does Maranatha Baptist University Inc operate?

Maranatha Baptist University Inc has awarded grants in Wisconsin.

What is Maranatha Baptist University Inc's EIN?

Maranatha Baptist University Inc's EIN (Employer Identification Number) is 39-1097032. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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