2025-03-25T13:17:30+00:00 2024-05-31 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-06-01 730579264 Oklahoma Baptist University OKLA 4055855801 500 W University Box 61207 Shawnee OK 74804 Randy Smith Executive VP of Business and Admin 4055855801 2025-03-25 true true Daren Daiga P01074795 5055022746 2025-03-25 2023 2025-03-06 01:10:19Z Dr Heath Thomas 500 W University Box 61207 Shawnee OK 74804 166784691 false X www.okbu.edu X 1910 OK A Christian Liberal Arts University. 31 30 972 37 24470 0 21109629 18182199 57627865 51770828 8095627 -2063210 1043217 28686523 87876338 96576340 25029075 26698942 0 0 22048878 22591491 163260 163242 1474000 30616665 25209081 77857878 74662756 10018460 21913584 314549066 326628425 32647645 24464655 281901421 302163770 X As a Christian liberal arts university, Oklahoma Baptist University transforms lives by equipping students to pursue academic excellence, integrate faith with all areas of knowledge, engage a diverse world, and live worthy of the high calling of God in Christ. false false 42730853 26698942 38323343 Academic Instruction: Oklahoma Baptist University offers over 80 undergraduate academic major fields of study, with pre-professional degrees in several areas. The academic offerings are operated through schools and divisions: Theology and Ministry, Science and Mathematics, Behavioral and Social Science, Business, Education, Exercise Science, Sports and Recreation, Language and Literature, Nursing, Visual and Performing Arts plus several Graduate, Online and Professional Certificate Programs. The University's core curriculum integrates academic disciplines to provide a rigorous liberal arts education. Masters' degrees are offered in business administration, marriage and family therapy, and theology. The University's four-year graduation rate is among the highest in the state and region. 12519062 0 4897822 Student services: Oklahoma Baptist University provides a range of services to students, including health services, career planning and placement, counseling, financial aid, athletic opportunities through 13 varsity sports, an extensive intramural and club sports program, campus activities, a university concert series, and an array of campus ministry programs, including eight local ministry teams, and year-round international missions and service experiences. These services are tied to OBU's mission statement: As a Christian liberal arts university, OBU transforms lives by equipping students to pursue academic excellence, integrate faith with all areas of knowledge, engage a diverse world, and live worthy of the high calling of God in Christ. 10011563 0 8447175 Auxiliary Enterprises: Oklahoma Baptist University operates residential facilities for approximately 950 of the University's approximately 1,500 enrolled students. Campus dining, including catering services, is provided through Chartwell's, a Compass Group company. The University's bookstore is operated by Slingshot. 0 0 78018 Miscellaneous revenue generated from educational sales/services/events. 78018 65261478 true true false false false false false false true true true false true true false false true true false true false false true false false false false true true true false false false false false false true true false false true true false false true true true true false false true 2084 0 true 972 true true true false false false false true true false false false false false false X 31 30 false false false false false true false true true false false true true true true true true true true false OK X X Lester Kasterke 4055855130 500 W University Box 61207 Shawnee OK 74804 Eric Costanzo Chairman 0.5 X X 0 0 0 Matt Brown Secretary 0.5 X X 0 0 0 Nick Atyia Treasurer 0.5 X X 0 0 0 Owen Nease Treasurer (Part Year) 0.5 X X 0 0 0 Robert Morris Vice-Chairman 0.5 X X 2700 0 0 Sam Garlow Chairman (Part Year)/Trustee 0.5 X X 0 0 0 Aubrey Chapin Trustee 0.5 X 0 0 0 Brian Waddell Trustee 0.5 X 0 0 0 Bryan Laramore Trustee 0.5 X 0 0 0 Bryan Pain Trustee 0.5 X 0 0 0 Caleb Scott Trustee 0.5 X 0 0 0 Chad Wilsie Trustee 0.5 X 0 0 0 Cindy Schmidt Trustee 0.5 X 0 0 0 Diana Erwin Trustee (Part Year) 0.5 X 0 0 0 Glenette Russell Trustee 0.5 X 0 0 0 Ingrid Jackson Trustee (Part Year) 0.5 X 0 0 0 John Lee Trustee 0.5 X 0 0 0 Jonathan Pickett Trustee 0.5 X 0 0 0 Joshua Wells Trustee 0.5 X 0 0 0 Justin Sampler Trustee 0.5 X 0 0 0 Kari Jones Trustee 0.5 X 0 0 0 Kent Jaggers Trustee 0.5 X 0 0 0 Kyle Lillie Trustee 0.5 X 0 0 0 Les Ledbetter Trustee 0.5 X 0 0 0 Les Miller Trustee 0.5 X 0 0 0 Matt Brooks Trustee (Part Year) 0.5 X 0 0 0 Michael Carter Trusee 0.5 X 0 0 0 Monty Hale Trustee 0.5 X 0 0 0 Penny Klimas Trustee 0.5 X 0 0 0 Randy Butler Trustee 0.5 X 0 0 0 Ryan Aldrich Trustee 0.5 X 0 0 0 Scott Watkins Trustee (Part Year) 0.5 X 0 0 0 Steve Bagwell Trustee 0.5 X 0 0 0 Steve Daniel Trustee (Part Year) 0.5 X 0 0 0 Steve Hall Trustee 0.5 X 0 0 0 Steve Waechter Trustee 0.5 X 0 0 0 Todd Fisher Trustee 0.5 X 0 0 0 Heath Thomas President 50.0 X 222107 0 59678 Randy Smith CFO/EVP Bus. & Admin Svcs 50.0 X 154228 0 22757 Charles Baukal Director of Engineering, Assoc Prof of Engineering 50.0 X 140026 0 18491 Joshua Shoffner Vice President of Technology & Digital Innovation 50.0 X 129761 0 20700 Larinee Dennis Co-Provost, Dean of Business, Health, Science & Education 50.0 X 150072 0 22950 Matthew Emerson Co-Provost, Dean of Theology, Arts & Humanities 50.0 X 158419 0 21005 Timothy Rasnic Vice President of Advancement 50.0 X 138812 0 18056 1096125 0 183637 11 false true false Lingo Construction Services 123 NW 8th St Oklahoma City OK 73102 Construction Services 3867179 Bison Construction Services LLC 2201 Spirit Wood Ln Edmond OK 73025 Construction Services 1531863 Chartwells Dining Services 2 International Drive Port Chester NY 10573 Food/Catering Services 1454203 Realtree Roofing & Construction 2201 Spirit Wood Lane Edmond OK 73025 Construction Services 1224140 True Solutions 130 N Broadway Shawnee OK 74801 Custodial Services 1049165 31 4058775 269506 13853918 514208 18182199 Tuition 611310 36985845 36985845 Auxiliary-Housing/Meals 721310 8448716 8447175 1541 Fees 900099 4897822 4897822 Misc. Educational Services 900099 1337498 1337498 100947 78018 22929 0 51770828 10047352 10047352 638162 638162 25566 9685 15881 0 15881 15881 55958104 2130000 55956878 14241788 1226 -12111788 -12110562 -12110562 Insurance Proceeds 24513189 24513189 Roof Impairment Gain 3519291 3519291 0 0 0 0 28032480 96576340 51746358 24470 26623313 26698942 26698942 459881 2700 457181 34021 34021 18060133 14560379 2711852 787902 369199 283799 73419 11981 2334658 1424702 847279 62677 1333599 976185 294230 63184 62036 10543 51493 74400 74400 163242 163242 29033 29033 2612042 2381372 196280 34390 1204254 388803 812638 2813 2106750 1602999 462685 41066 1475683 706337 622008 147338 6110603 5886852 195392 28359 1276644 1143981 115105 17558 186178 147034 32912 6232 581351 544998 36353 3901498 3738173 144006 19319 270401 244752 13802 11847 Food Service 2869125 2869125 Events 1511280 1274828 161193 75259 Bad Debt Expense 376091 376091 Equipment 561712 374974 185905 833 0 0 0 0 74662756 65261478 7927278 1474000 382437 229177 5750860 4032946 26548812 4122690 0 0 0 0 1066 1628 1501598 1795626 179632441 69120602 85372008 110511839 488738 3905590 33561519 40092376 169832 3147 160772196 161933406 314549066 326628425 8650452 2446096 157127 92631 18089018 16191456 0 0 1737407 1605452 4013641 4129020 32647645 24464655 X 89759300 116952612 192142121 185211158 281901421 302163770 314549066 326628425 X 21913584 -10489823 8838588 X false true X true true true X 31637613 12151167 17045322 21109629 18182199 100125930 0 0 31637613 12151167 17045322 21109629 18182199 100125930 18220144 81905786 6561420 7504234 7921236 9160697 10711080 41858667 0 0 0 0 0 28032480 28032480 170017077 288764257 0.4818 0.6070 X Schedule A, Part II The organization is a school described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - INSURANCE PROCEEDS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 24513189.0, COLUMN F - 24513189.0; DESCRIPTION - ROOF IMPAIRMENT GAIN, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 3519291.0, COLUMN F - 3519291.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 170155219 1242950 8029895 3739993 2719756 173163 172795152 167157767 1701239 8085421 2504739 4007183 277286 170155219 161606659 2343658 9426760 3078361 2878204 262745 167157767 131624982 1202363 34796323 3380083 2381774 255152 161606659 130727579 4571641 2206627 3740042 1780951 359872 131624982 0.07 0.88 0.05 true true true 6856555 6856555 127312443 35845630 91466813 3918809 1323203 2595606 32847341 27618661 5228680 8697293 4333108 4364185 110511839 Church Building Loan Fund 36855722 F Mineral Interests 2534398 F Pooled Bond Funds 702256 F 40092376 Trusts administered by Southern Bapt Fdn 241641 Trusts administered by Presbyterian Fdn 18236 Zoll Trust 1488853 Toland Trust 1967483 Trusts administered by Ok City Comm Fdn 855660 Funds held in trust-watersedge 157061695 Right of Use Operating Lease 76538 Right of Use Financing Lease 223300 161933406 Government advances refundable 2360 Asset retirement obligation 1672055 Post retirement benefits obligation 2153123 Right of Use Operating Lease Liabilities 76538 Right of Use Financing Lease Liabilities 224944 4129020 Schedule D, Part V Line 1 The endowment activity also includes the beneficial interests, future interest in remainder interests, and amounts held by the University for student loans. Schedule D, Part V, Line 4 Intended uses of endowment funds Income from endowment funds is used to provide scholarships, instructional and academic support, funding for faculty positions and faculty development as well as overall operational support for the University. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors. In addition, admissions counselors utilize promotion and recruiting procedures designed to inform and attract students from all racial segments within their recruiting territories. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The University receives federal funds through the Department of Education that are passed directly to students. Europe (Including Iceland and Greenland) 0 0 Program Service Student Trips 88621 Middle East and North Africa 0 0 Program Service Student Trips 54155 South America 0 0 Program Service Student Trips 19601 Sub-Saharan Africa 0 0 Program Service Student Trips 57670 South Asia 0 0 Program Service Student Trips 18901 North America (Canada & Mexico only) 0 0 Program Services Student Trips 7311 0 0 0 0 0 0 246259 0 246259 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual X X true Royall & Company (EAB) PO Box 603519 Charlotte NC 28260 Annual fund/giving consultant false 1555680 163242 1392438 1555680 163242 1392438 CA CO CT DE FL GA AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MO MT NE NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC SD TN TX UT VT AR WA WV WI WY true Scholarships 1297 26698942 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. The University awards scholarships to individual students based upon financial need, scholastic ability and other criteria. Monitoring of each student's enrollment status and GPA occurs throughout the award period to ensure grant criteria are met. No cash changes hands, and funds are applied directly to student accounts. X X true true X X false false false false false false false false false Heath Thomas President 222107 0 0 0 0 0 10417 0 49261 0 281785 0 0 0 Randy Smith CFO/EVP Bus. & Admin Svcs 154228 0 0 0 0 0 3387 0 19370 0 176985 0 0 0 Charles Baukal Director of Engineering, Assoc Prof of Engineering 140026 0 0 0 0 0 3035 0 15456 0 158517 0 0 0 Joshua Shoffner Vice President of Technology & Digital Innovation 129761 0 0 0 0 0 2813 0 17887 0 150461 0 0 0 Larinee Dennis Co-Provost, Dean of Business, Health, Science & Education 150072 0 0 0 0 0 3295 0 19655 0 173022 0 0 0 Matthew Emerson Co-Provost, Dean of Theology, Arts & Humanities 158419 0 0 0 0 0 3376 0 17629 0 179424 0 0 0 Timothy Rasnic Vice President of Advancement 138812 0 0 0 0 0 2985 0 15071 0 156868 0 0 0 Schedule J, Part I, Line 1a Travel for companions The President's wife accompanies the President on various University events for which travel is required. These travel arrangements are paid by the University and are treated as taxable income included in the President's W-2. Schedule J, Part I, Line 1a Housing allowance or residence for personal use Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. The President met the qualifications for and received a ministerial housing allowance during the tax year. A Oklahoma Baptist University Authority 521571232 2015-11-20 7355000 Refund portion of Series 2005 bonds issued 12/6/05 false false false B Oklahoma Baptist University Authority 521571232 2015-11-20 3500000 Refund portion of Series 2014 bonds issued 06/30/14 false false false C Oklahoma Baptist University Authority 521571232 2012-05-11 8000000 Refund portion of construction of student housing facilities false false false D Oklahoma Baptist University Authority 521571232 2013-11-14 13500000 Refund portion of construction of student housing facilities false false false A 5259044 0 7355000 0 0 0 141813 0 0 0 7213187 0 2007 true false true true B 2380525 0 3500000 0 0 0 50000 0 0 0 3450000 0 2015 true false true true C 4018532 0 8000000 0 0 0 88900 0 0 7911100 0 0 2013 false false true true D 4425567 0 13500000 0 0 0 116400 0 0 13383600 0 0 2015 false false true true A false false false false 0.0 0.0 0.0 false false true B false false false false 0.0 0.0 0.0 false false true C false false false false 0.0 0.0 0.0 false false true D false false false false 0.0 0.0 0.0 false false true A false false false true false false false false true B false false false true false false false false true C false false false true false false false false true D false false false true false false false false true A true B true C true D true Schedule K, Part IV, Line 2c COLUMN A Issuer name: Oklahoma Baptist University Authority The calculation for computing no rebate due was performed on 12/02/2020 Schedule K, Part IV, Line 2c COLUMN B Issuer name: Oklahoma Baptist University Authority The calculation for computing no rebate due was performed on 12/09/2020 Schedule K, Part IV, Line 2c COLUMN C Issuer name: Oklahoma Baptist University Authority The calculation for computing no rebate due was performed on 12/09/2020 Schedule K, Part IV, Line 2c COLUMN D Issuer name: Oklahoma Baptist University Authority The calculation for computing no rebate due was performed on 12/09/2020 124114 Scholarships Scholarships Jill Thomas Wife of Officer Heath Thomas 33637 Employee Wages false X 1 500000 Other - Appraisal X 2596 Cost X 1 10612 Market value X 1 1000 Other - Appraisal 1 false true false Schedule M, Part I The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part III, Line 4d Description of other program services (Expenses $ 0 including grants of $ 0)(Revenue $ 78,018) Miscellaneous revenue generated from educational sales/services/events. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body OBU was organized by action of the Oklahoma Baptists, formerly the Baptist General Convention of Oklahoma (BGCO). According to the University's bylaws, Oklahoma Baptists has the power to remove (for cause) trustees and replace them. The Executive Director - Treasurer of the Oklahoma Baptists is a trustee on the University's Board. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm and then reviewed in detail by the Finance Team. It is then made available to the Audit Committee and the entire Board prior to being filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Officers, trustees, key employees, and all employees with budgetary responsibility are required to submit conflict of interest disclosures annually. These forms are reviewed by management as well as the Audit Committee. Any conflicts or potential conflicts are resolved by the Audit Committee and the Board of Trustees. All interested parties are required to recuse themselves from board deliberations and any subsequent vote. Form 990, Part VI, Line 15a Process to establish compensation of top management official The University participates in annual salary studies of various higher education associations and uses the studies to review appropriateness of officer and key employee salary and benefits. The President has an annual review by the Board of Trustees that includes a performance review and comparison to average salaries and benefits of like institutions. The deliberations and decisions regarding executive compensation are documented in the board minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees The compensation approval process for the CFO is identical to the process followed for all other University employees. The annual salary studies are utilized to guide and inform compensation levels for each employee. An annual performance review is conducted and approved by their immediate supervisor. All personnel files are maintained in the HR office. Form 990, Part VI, Line 19 Required documents available to the public The organization's audited financial statements and conflict of interest policy are available on the organization's website. The organization's governing documents are available upon request. Form 990, Part VII, Section A, Line 1a, Column (D) Form 990, Schedule J Part II Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes, we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Program Income - Total Revenue: 100947, Related or Exempt Function Revenue: 78018, Unrelated Business Revenue: 22929, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in value of investments held by supporting organization - 8095607; Change in value of beneficial interests in funds held by others - 548048; Change in actuarial value of post-retirement benefit obligation - 194933; Schedule F, Part I, Line 3 Foreign expenditures are monies expended for student trips outside the US. The organization tracks expenditures in accordance with the accrual basis of accounting. They are recorded based on actual out-of-pocket expenses while traveling outside the US using expense reports and other appropriate documentation. Mack Holdings LLC 500 W University St Shawnee OK 74804 823233383 Manage retail leasing operations OK 16850 40489 OBU Tulsa Royalties Company 500 W University Box 61207 Shawnee OK 74804 736101744 Support of Oklahoma Baptist University OK 501(c)(3) Type I Oklahoma Baptist University true Oklahoma Baptists (formerly Baptist General Convention of Oklahoma) 3800 N May Ave Okla City OK 73112 730321888 Convention of Churches OK 501(c)(3) 1 NA false WatersEdge (formerly Baptist Foundation of Oklahoma) 3800 N May Ave Okla City OK 73112 730623038 Church support services OK 501(c)(3) 1 Oklahoma Baptists false Shawnee Shipping Center LLC 500 W University St Shawnee OK 74804 822984993 Operates a commercial print shop OK NA Unrelated 1541 97956 false true 0.5 Charitable remainder annuity trusts (1) Hold assets and remit income to University OK Oklahoma Baptist University true Charitable remainder unitrusts (7) Hold assets and remit income to University OK Oklahoma Baptist University true Irrevocable personal trusts (1) Hold assets and remit income to University OK Oklahoma Baptist University true false false true false true false false false false true false false true false false false false false false Tulsa Royalties Company C 1636270 Cash Transaction