Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1956.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
32 people listed on the 990; $858K paid to officers and key staff.
John Mark Yeats’s $214K as President is at the 42nd percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Sheldon Nord | — | — | $323,972 | $279,660 | $264,915 | $255,100 |
| John Mark Yeats | $214,110 | $143,262 | — | — | — | — |
| Tom Cornman | $170,143 | $180,131 | $181,322 | $154,355 | $152,967 | $89,424 |
| Jordan K Wade | $140,247 | $29,839 | — | — | — | — |
| Steve Sammons | — | — | — | — | $126,154 | $124,803 |
| Shannon Johnson | $124,738 | $125,963 | $125,737 | $100,565 | — | — |
| Michael Patterson | — | — | — | — | — | $124,029 |
| Bryce Bernard | $119,410 | $114,387 | $122,369 | $111,301 | $109,403 | $109,556 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II2 listed
Programs and updates
Equips Christians to impact the world for Jesus Christ.
Questions for Corban University
Your first name shows with your question. Corban University answers here, for everyone.
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Tuition and fees used to provide over 50 undergraduate, graduate, and doctoral programs, both on campus and online to approximately 1,200 students. Each program combines academic excellence with Christian principles and purpose, integrating a biblical worldview in every class.
To provide on-campus student housing and food services for over 450 students annually.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $6.4M | $3.9M |
| InvestmentsLn 11–13 | $668K | $5.5M |
| Land, buildings, equipmentLn 10c | $13.8M | $13.3M |
| Total assetsLn 16 | $23.8M | $26.2M |
| LiabilitiesLn 26 | $10.9M | $10.0M |
| Net assetsLn 32 | $12.9M | $16.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $17.3M | $17.3M | ||
| Pay of current officers, directors and key staffLn 5 | $924K | $763K | $161K | |
| Pay of disqualified personsLn 6 | $66K | $66K | ||
| Other salaries and wagesLn 7 | $9.1M | $6.7M | $2.1M | $278K |
| Pension plan contributionsLn 8 | $9K | $7K | $2K | $400 |
| Other employee benefitsLn 9 | $1.4M | $1.1M | $320K | $41K |
| Payroll taxesLn 10 | $665K | $455K | $183K | $28K |
| Legal feesLn 11b | $85K | $29K | $56K | |
| Accounting feesLn 11c | $102K | $102K | ||
| Investment management feesLn 11f | $18K | $18K | ||
| Other fees for servicesLn 11g | $470K | $223K | $246K | $1K |
| Advertising and promotionLn 12 | $1.3M | $716K | $457K | $162K |
| Office expensesLn 13 | $428K | $142K | $234K | $52K |
| Information technologyLn 14 | $685K | $66K | $575K | $44K |
| OccupancyLn 16 | $1.5M | $1.3M | $195K | |
| TravelLn 17 | $1.7M | $1.7M | $60K | $2K |
| Conferences, conventions and meetingsLn 19 | $127K | $127K | ||
| InterestLn 20 | $449K | $371K | $78K | |
| Depreciation, depletion and amortizationLn 22 | $969K | $800K | $169K | |
| InsuranceLn 23 | $99K | $11K | $88K | |
| Other expenses (24a–d)Ln 24 | $371K | $348K | $17K | $5K |
| All other expensesLn 24e | $4K | $4K | ||
| Total functional expensesLn 25 | $37.8M | $31.4M | $5.6M | $831K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $34.3M | $33.7M | $570K | $19.2M | 990 PDF |
| FY2024 | $34.9M | $34.2M | $682K | $18.6M | 990 PDF |
| FY2023 | $36.3M | $34.8M | $1.5M | $17.9M | 990 PDF |
| FY2022 | $39.0M | $38.0M | $994K | $16.4M | 990 PDF |
| FY2021 Viewing | $41.0M | $37.8M | $3.1M | $16.3M | 990 PDF |
| FY2020 | $42.3M | $37.8M | $4.5M | $12.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $40,955,830 revenue, 12 lines filed
Part VI · Governance 21 of 23 board members independent, 1 to look at
Part VIII · Statement of revenue $40,955,830 across 11 lines filed
Part IX · Statement of functional expenses $37,810,701 across 22 lines filed
Part X · Balance sheet $26,227,993 assets, 19 lines filed
Part XI · Reconciliation of net assets $16,266,567 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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