Chronologically, the losses at NIU began once the changes instituted by Matt Olson came to light. A $2.7 million loss in a single year for NIU is astounding. Those who would dismiss the obvious, redirect attention elsewhere are trying to give cover or plain ol’ foolish! How many times can these schools suffer losses of that magnitude and keep the lights on? It’s simple business economics: No entity can run on negative deficits indefinitely. Eventually bills must be brought up to date, creditors satisfied or else. In the meantime, cost cutting measures are made and typically across the board in terms of manpower (faculty/staff) and services. NIU is experiencing consequences of what Matt Olson has turned the former Northland Baptist Bible College into and away from. One commenter wrote, “Whatever may be said the history of the ‘old Fundamentalism’ built schools, churches, colleges, seminaries, mission agencies, etc...What are these men [Matt Olson, Kevin Bauder, Tim Jordan] building?” They are building an Epitaph for once fine Baptistic, biblically separatist schools, which they have buried. (Excerpted, with additions, from comment thread below)
January 7, 2013
Imagine a Christian ministry experiencing a $2.76 million loss in a single year. You don’t have to image, it’s real! That figure is a single year loss for Northland International University.
Northland International University, under Northland Mission, Inc.1
Fiscal Year: Jun 01, 2010 Ending: May 31, 2011
Total Revenue - $9,208,432
Total Expenses- $11,973,992
A loss of $2,765,560.
A Selection of Losers and Then the Winners:
Central Baptist Theological Seminary (Plymouth, MN)2
Fiscal Year: Jul 01, 2010 - Jun 30, 2011
Total Revenue $1,071,769
Total Expenses $1,347, 026
A loss of $275,000. Certainly a contributor to Central laying off faculty and staff.
Calvary Baptist Theological Seminary (Lansdale, PA)3
Fiscal Year: September 1, 2010 – August 31, 2011
Total Revenue- $1,651,202
Total Expenses- $1,781,017
A loss of $129, 815.
Among the Winners Are:
Maranatha Baptist Bible College (Watertown, WI)4
Fiscal Year: June 1, 2010 – May 31, 2011
Total Revenue $15,356,622
Total Expenses $14,923,909
$432,713 to the good.
Pensacola Christian College 5
Fiscal Year: August 1, 2010 – July 31, 2011
Total Revenue $85,672,026
Total Expenses $76,680,257
$8,991,769 to the good.
What’s The Difference Between the Winners and Losers?
The losers abandoned their foundational principles. They changed! The winners, love em’ or despise em’, have not abandoned or drifted far off the trajectory they’ve been on for years.
GuideStar is the source for all revenue/expense reporting in this article.
1) Northland International University, under Northland Mission, Inc.
Site Publisher’s Commentary:
Did NIU’s administration expect persons and churches that were supporting the former NBBC to continue supporting NIU once they learned of the radical changes that were instituted by Dr. Matt Olson? With a $2.7 million dollar loss is it reasonable to assume that NIU either already has or is very rapidly burning through the Patz endowment? One former faculty told me that when he was still at Northland, “it was common talk that the Patz fund was barely underwriting the college then, if at all.” Today, enrollment is roughly half what is was just before the revelation of the changes that Matt Olson initiated. We can’t be sure of where NIU will find additional revenue to make up the massive shortfall of tuition revenue. With recent visits to places like the Elmbrook Church in suburban Milwaukee (a non-denominational, evangelical mega-church) however, it’s obvious that NIU needs operating revenue to come from like-minded non-separatist ministries such as NIU has changed into.
Today, in principle and practice, NIU bears almost no resemblance to the once fine fundamental, Baptistic, separatist institution it once was. Because of recent actions and articles by Dr. Matt Olson some men have begun to question whether or not Matt Olson is advocating antinomianism.* Regrettably, Olson is taking the college into that realm and influencing the student body to embrace antinomian principles. Of all the open evidence of the radical changes at NIU, none are starker than-
1) Matt Olson’s Commendation of a C.J. Mahaney Sovereign Grace Ministries Charismatic church and its leadership. See,
*Antinomianism, “Theologically, antinomianism is the belief that there are no moral laws God expects Christians to obey. Antinomianism takes a biblical teaching to an unbiblical conclusion.”
Forward With Change by Ps. Tod Brainard