Maranatha Baptist University Inc
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.
Maranatha Baptist University Inc at a glance
In short: Maranatha Baptist University Inc gave $339K across 1 grant in 2025 (avg $339K), mostly in Wisconsin. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $339,012
- +26.7% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $339,012
- +26.7% vs 2024
- Median grant
- $339,012
- Total assets
- $23,252,967
- +3.4% vs 2024
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Maranatha Baptist University Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Maranatha Baptist Academy ($339K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $268K (2024) to $2.1M (2019). In 2025 it made 1 grant totaling $339K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Maranatha Baptist Academy Watertown, WI | Education Support | $339,012 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $23,252,967 | $19,081,586 | $18,782,192 | $339,012 | 1 | $202,069 |
| 2024 | $22,477,582 | $17,194,200 | $18,269,529 | $267,582 | 1 | $143,064 |
| 2023 | $23,319,670 | $17,461,517 | $18,072,719 | $349,371 | 1 | $-9,295 |
| 2022 | $23,386,900 | $18,420,969 | $17,579,178 | — | — | $143,228 |
| 2021 | $23,775,385 | $19,476,702 | $16,534,553 | — | — | $90,419 |
| 2020 | $22,432,196 | $15,568,881 | $15,754,241 | — | — | $94,143 |
| 2019 | $20,771,507 | $16,587,984 | $16,558,858 | $2,120,721 | Total only | $160,166 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Maranatha Baptist University Inc
Based on IRS filings
Maranatha Baptist University Inc is a public charity, 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.
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
The highest reported compensation on the 2025 filing was $124K, to Dr Matthew Davis (CEO). 8 officers or directors reported compensation on that filing.
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.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
- Updated Form 990 for fiscal year 2019 (received by the IRS May 18, 2020)
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