OKLAHOMA BAPTIST UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- OKLAHOMA BAPTIST UNIVERSITY (EIN 73-0579264)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-04-05
- IRS object ID
- 202420969349300227
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-05T14:07:20+00:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2435 Research Parkway STE 200 | AddressLine1Txt |
| City | Colorado Springs | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80920 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 730579264 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Oklahoma Baptist University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OKLA | BusinessNameControlTxt |
| Phone | 4055855801 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W University Box 61207 | AddressLine1Txt |
| City | Shawnee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74804 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Randy Smith | PersonNm |
| Person Title | Executive VP of Business and Admin | PersonTitleTxt |
| Phone | 4055855801 | PhoneNum |
| Signature | 2024-04-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Randy | PersonFirstNm |
| Person Last | Smith | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Daren Daiga | PreparerPersonNm |
| PTIN | P01074795 | PTIN |
| Phone | 5055022746 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dr Heath Thomas | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W University Box 61207 | AddressLine1Txt |
| City | Shawnee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $105,498,191 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.okbu.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1910 | FormationYr |
| Legal Domicile State | OK | LegalDomicileStateCd |
| Activity Or Mission | A Christian Liberal Arts University. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 1043 | TotalEmployeeCnt |
| Total Volunteers | 37 | TotalVolunteersCnt |
| Total Gross UBI | $60,597 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,045,322 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,109,629 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $55,860,010 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $57,627,865 | CYProgramServiceRevenueAmt |
| PY Investment Income | $8,667,331 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,095,627 | CYInvestmentIncomeAmt |
| PY Other Revenue | $912,629 | PYOtherRevenueAmt |
| CY Other Revenue | $1,043,217 | CYOtherRevenueAmt |
| PY Total Revenue | $82,485,292 | PYTotalRevenueAmt |
| CY Total Revenue | $87,876,338 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $28,608,952 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $25,029,075 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,969,062 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,048,878 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $83,419 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $163,260 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,716,357 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $21,190,729 | PYOtherExpensesAmt |
| CY Other Expenses | $30,616,665 | CYOtherExpensesAmt |
| PY Total Expenses | $70,852,162 | PYTotalExpensesAmt |
| CY Total Expenses | $77,857,878 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,633,130 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,018,460 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $299,250,715 | TotalAssetsBOYAmt |
| Total Assets EOY | $314,549,066 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,112,024 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $32,647,645 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $271,138,691 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $281,901,421 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $41,922,656 | ExpenseAmt |
| Grant | $25,029,075 | GrantAmt |
| Revenue | $37,897,251 | RevenueAmt |
| Desc | 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, theology. The University's four-year graduation rate is among the highest in the state and region. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,045,964 | ExpenseAmt |
| Revenue | $4,653,335 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,811,917 | ExpenseAmt |
| Revenue | $8,037,924 | RevenueAmt |
| Desc | Auxiliary Enterprises Oklahoma Baptist University operates residential facilities for approximately 950 of the University's approximately 1,400 enrolled students. Campus dining, including catering services, is provided through Chartwell's, a Compass Group company. The University's bookstore is operated by Slingshot. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $6,978,758 | RevenueAmt |
| Desc | Miscellaneous revenue generated from educational sales/services/events. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Revenue | $6,978,758 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $67,780,537 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2006 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1043 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lester Kasterke | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4055855130 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W University Box 61207 | AddressLine1Txt |
| City | Shawnee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74804 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Owen Nease | |||||||
| Treasurer | 0.5 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Robert Morris | |||||||
| Vice Chairman | 0.5 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Sam Garlow | |||||||
| Chairman | 0.5 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Aubrey Chapin | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Ben Stewart | |||||||
| Trustee (part year) | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Brian Waddell | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Bryan Laramore | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Caleb Scott | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Chad Wilsie | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Cindy Schmidt | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Craig Towery | |||||||
| Trustee (part year) | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| David Lawrence | |||||||
| Trustee (part year) | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Diana Erwin | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Eric Costanzo | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Fisher Todd | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Glenette Russell | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Ingrid Jackson | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| John Lee | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Jonathan Pickett | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Justin Sampler | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Kari Jones | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Kyle Lillie | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Les Ledbetter | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Les Miller | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Matt Brooks | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Matt Brown | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Michael Carter | |||||||
| Trusee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Nick Atyia | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Penny Klimas | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Reagan Bradford | |||||||
| Trustee (part year) | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Ryan Aldrich | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Scott Watkins | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Steve Bagwell | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Steve Daniel | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Steve Hall | |||||||
| Trustee | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Will Wilson | |||||||
| Trustee (part year) | 0.5 | Yes (X) | $0 | $0 | $0 | ||
| Heath Thomas | |||||||
| President | 50.0 | Yes (X) | $193,018 | $0 | $50,643 | ||
| Randy Smith | |||||||
| CFO/EVP Bus. & Admin Svcs | 50.0 | Yes (X) | $153,165 | $0 | $23,606 | ||
| David Houghton | |||||||
| Chair, School of Business | 50.0 | $117,007 | $0 | $50,195 | Yes (X) | ||
| Larinee Dennis | |||||||
| Co-Provost, Dean of Business, Health, Science & Education | 50.0 | $127,787 | $0 | $23,544 | Yes (X) | ||
| Matthew Emerson | |||||||
| Co-Provost, Dean of Theology, Arts & Humanities | 50.0 | $123,616 | $0 | $20,593 | Yes (X) | ||
| Timothy Rasnic | |||||||
| VP of Advancement | 50.0 | $136,880 | $0 | $19,815 | Yes (X) | ||
| Will Brantley | |||||||
| Vice President for Enrollment Mgmt | 50.0 | $119,877 | $0 | $8,077 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $971,350 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $196,473 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Chartwells Dining Services | |||||
| 2 International Drive | Port Chester | NY | 10573 | Food/catering services | $3,143,289 |
| Realtree Roofing & Construction | |||||
| 2201 Spirit Wood Lane | Edmond | OK | 73025 | Construction services | $2,326,544 |
| Slingshot LP | |||||
| 1500 S Western Ave | Marion | IN | 46953 | Bookstore services | $1,115,496 |
| Lingo Construction Services Inc | |||||
| 123 NW 8th St | Oklahoma City | OK | 73102 | Construction services | $846,397 |
| Aramark Facilities | |||||
| 27310 Network Place | Chicago | IL | 60673 | Custodial services | $555,684 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 27 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $5,489,175 | RelatedOrganizationsAmt |
| Government Grants | $5,961,254 | GovernmentGrantsAmt |
| All Other Contributions | $9,659,200 | AllOtherContributionsAmt |
| Total Contributions | $21,109,629 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Tuition | 611310 | $35,762,881 | $35,762,881 | |
| Auxiliary-Housing/Meals | 721310 | $8,071,012 | $8,037,924 | $33,088 |
| Fees | 900099 | $4,653,335 | $4,653,335 | |
| Misc. Educational Services | 900099 | $2,134,370 | $2,134,370 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,006,267 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,978,758 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $27,509 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $57,627,865 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,097,405 | TotalRevenueColumnAmt |
| Exclusion | $8,097,405 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,037,726 | TotalRevenueColumnAmt |
| Exclusion | $1,037,726 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $25,566 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $20,075 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,491 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,491 | TotalRevenueColumnAmt |
| Exclusion | $5,491 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,600,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $17,601,778 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,778 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,778 | TotalRevenueColumnAmt |
| Exclusion | -$1,778 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,876,338 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $57,567,268 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $60,597 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,138,844 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,029,075 | TotalAmt |
| Program Services | $25,029,075 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $602,391 | TotalAmt |
| Management And General | $602,391 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,259,732 | TotalAmt |
| Program Services | $14,664,338 | ProgramServicesAmt |
| Management And General | $1,845,257 | ManagementAndGeneralAmt |
| Fundraising | $750,137 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,806 | TotalAmt |
| Program Services | $58,619 | ProgramServicesAmt |
| Management And General | $22,187 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,804,727 | TotalAmt |
| Program Services | $1,853,414 | ProgramServicesAmt |
| Management And General | $809,747 | ManagementAndGeneralAmt |
| Fundraising | $141,566 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,301,222 | TotalAmt |
| Program Services | $959,205 | ProgramServicesAmt |
| Management And General | $299,441 | ManagementAndGeneralAmt |
| Fundraising | $42,576 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,878 | TotalAmt |
| Program Services | $3,240 | ProgramServicesAmt |
| Management And General | $46,638 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,400 | TotalAmt |
| Program Services | $500 | ProgramServicesAmt |
| Management And General | $86,900 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,260 | TotalAmt |
| Fundraising | $163,260 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,510 | TotalAmt |
| Management And General | $47,510 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,839,366 | TotalAmt |
| Program Services | $3,379,913 | ProgramServicesAmt |
| Management And General | $311,682 | ManagementAndGeneralAmt |
| Fundraising | $147,771 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,062,029 | TotalAmt |
| Program Services | $409,856 | ProgramServicesAmt |
| Management And General | $637,050 | ManagementAndGeneralAmt |
| Fundraising | $15,123 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,094,881 | TotalAmt |
| Program Services | $1,438,068 | ProgramServicesAmt |
| Management And General | $641,616 | ManagementAndGeneralAmt |
| Fundraising | $15,197 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,219,638 | TotalAmt |
| Program Services | $305,998 | ProgramServicesAmt |
| Management And General | $865,924 | ManagementAndGeneralAmt |
| Fundraising | $47,716 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,049,364 | TotalAmt |
| Program Services | $9,666,129 | ProgramServicesAmt |
| Management And General | $336,426 | ManagementAndGeneralAmt |
| Fundraising | $46,809 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,170,463 | TotalAmt |
| Program Services | $1,052,500 | ProgramServicesAmt |
| Management And General | $89,436 | ManagementAndGeneralAmt |
| Fundraising | $28,527 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,919 | TotalAmt |
| Program Services | $148,763 | ProgramServicesAmt |
| Management And General | $26,156 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $869,992 | TotalAmt |
| Program Services | $782,641 | ProgramServicesAmt |
| Management And General | $87,351 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,574,220 | TotalAmt |
| Program Services | $3,427,073 | ProgramServicesAmt |
| Management And General | $129,801 | ManagementAndGeneralAmt |
| Fundraising | $17,346 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,334 | TotalAmt |
| Program Services | $267,081 | ProgramServicesAmt |
| Management And General | $26,253 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Food Service | $2,635,664 | $2,635,664 | ||
| Events | $1,769,328 | $1,329,930 | $145,916 | $293,482 |
| Bad Debt Expense | $984,767 | $984,767 | ||
| Equipment | $693,912 | $368,530 | $318,535 | $6,847 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,857,878 | TotalAmt |
| Program Services | $67,780,537 | ProgramServicesAmt |
| Management And General | $8,360,984 | ManagementAndGeneralAmt |
| Fundraising | $1,716,357 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,014,919 | BOYAmt |
| EOY | $382,437 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,114 | BOYAmt |
| EOY | $5,750,860 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,924,912 | BOYAmt |
| EOY | $26,548,812 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,160 | BOYAmt |
| EOY | $1,066 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $779,833 | BOYAmt |
| EOY | $1,501,598 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $149,579,642 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $64,207,634 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,927,618 | BOYAmt |
| EOY | $85,372,008 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,169,569 | BOYAmt |
| EOY | $1,179,506 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,189,632 | BOYAmt |
| EOY | $32,870,751 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $585,377 | BOYAmt |
| EOY | $169,832 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,501,581 | BOYAmt |
| EOY | $160,772,196 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,250,715 | BOYAmt |
| EOY | $314,549,066 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,558,779 | BOYAmt |
| EOY | $8,650,452 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,345 | BOYAmt |
| EOY | $157,127 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,215,615 | BOYAmt |
| EOY | $18,089,018 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,822,588 | BOYAmt |
| EOY | $1,737,407 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,347,697 | BOYAmt |
| EOY | $4,013,641 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,112,024 | BOYAmt |
| EOY | $32,647,645 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,727,925 | BOYAmt |
| EOY | $89,759,300 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,410,766 | BOYAmt |
| EOY | $192,142,121 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,138,691 | BOYAmt |
| EOY | $281,901,421 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,250,715 | BOYAmt |
| EOY | $314,549,066 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,018,460 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,354,716 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$4,610,446 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,754,324 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,637,613 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,151,167 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,045,322 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,109,629 | CurrentTaxYearAmt |
| Total | $91,698,055 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,754,324 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $31,637,613 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,151,167 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,045,322 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,109,629 | CurrentTaxYearAmt |
| Total | $91,698,055 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $12,730,226 | SubstantialContributorsTotAmt |
| Public Support Total170 | $78,967,829 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,243,707 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,561,420 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,504,234 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,921,236 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,160,697 | CurrentTaxYearAmt |
| Total | $38,391,294 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $130,089,349 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $299,887,952 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.6070 | PublicSupportCY170Pct |
| Public Support PY170 | 0.5735 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $167,157,767 | BeginningYearBalanceAmt |
| Contributions | $1,701,239 | ContributionsAmt |
| Investment Earnings Or Losses | $8,085,421 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,504,739 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,007,183 | OtherExpendituresAmt |
| Administrative Expenses | $277,286 | AdministrativeExpensesAmt |
| End Year Balance | $170,155,219 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $161,606,659 | BeginningYearBalanceAmt |
| Contributions | $2,343,658 | ContributionsAmt |
| Investment Earnings Or Losses | $9,426,760 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,078,361 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,878,204 | OtherExpendituresAmt |
| Administrative Expenses | $262,745 | AdministrativeExpensesAmt |
| End Year Balance | $167,157,767 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $131,624,982 | BeginningYearBalanceAmt |
| Contributions | $1,202,363 | ContributionsAmt |
| Investment Earnings Or Losses | $34,796,323 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,380,083 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,381,774 | OtherExpendituresAmt |
| Administrative Expenses | $255,152 | AdministrativeExpensesAmt |
| End Year Balance | $161,606,659 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $130,727,579 | BeginningYearBalanceAmt |
| Contributions | $4,571,641 | ContributionsAmt |
| Investment Earnings Or Losses | $2,206,627 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,740,042 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,780,951 | OtherExpendituresAmt |
| Administrative Expenses | $359,872 | AdministrativeExpensesAmt |
| End Year Balance | $131,624,982 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $134,725,695 | BeginningYearBalanceAmt |
| Contributions | $2,975,309 | ContributionsAmt |
| Investment Earnings Or Losses | $189,329 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,060,192 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,070,124 | OtherExpendituresAmt |
| Administrative Expenses | $1,032,438 | AdministrativeExpensesAmt |
| End Year Balance | $130,727,579 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.07 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.88 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.05 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,337,378 | OtherCostOrOtherBasisAmt |
| Book Value | $5,337,378 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $102,592,574 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,824,155 | DepreciationAmt |
| Book Value | $70,768,419 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,291,596 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,652,625 | DepreciationAmt |
| Book Value | $4,638,971 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,358,094 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,730,854 | DepreciationAmt |
| Book Value | $4,627,240 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $85,372,008 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Church Building Loan Fund | $27,906,580 | F |
| Mineral Interests | $4,964,171 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $32,870,751 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Trusts administered by Southern Bapt Fdn | $215,641 |
| Trusts administered by Presbyterian Fdn | $17,181 |
| Zoll Trust | $1,396,734 |
| Toland Trust | $1,913,285 |
| Trusts administered by Ok City Comm Fdn | $773,720 |
| Funds held in trust-watersedge | $156,248,665 |
| Right of Use Operating Lease | $87,544 |
| Right of Use Financing Lease | $119,426 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $160,772,196 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Government advances refundable | $127,374 |
| Asset retirement obligation | $1,318,407 |
| post retirement benefits obligation | $2,348,056 |
| Right of Use Operating Lease Liabilities | $87,544 |
| Right of Use Financing Lease Liabilities | $132,260 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,013,641 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 college work study funds and supplemental educational opportunity grant funds that are passed directly to students through these programs. In addition, for FY23, ERC funds were also received. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Service | Student Trips | $112,646 |
| Middle East and North Africa | 0 | 0 | Program Service | Student Trips | $74,243 |
| South America | 0 | 0 | Program Service | Student Trips | $107,439 |
| Sub-Saharan Africa | 0 | 0 | Program Service | Student Trips | $61,115 |
| South Asia | 0 | 0 | Program Service | Student Trips | $15,363 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $370,806 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $370,806 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Royall & Company (EAB) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 603519 | AddressLine1Txt |
| City | Charlotte | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28260 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Annual fund/giving consultant | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $567,425 | GrossReceiptsAmt |
| Retained By Contractor | $163,260 | RetainedByContractorAmt |
| Net To Organization | $404,165 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $567,425 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $163,260 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $404,165 | TotalNetToOrganizationAmt |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 1327 | RecipientCnt |
| Cash Grant | $25,029,075 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Heath Thomas | ||||||||||||||
| President | $192,748 | $0 | $0 | $0 | $270 | $0 | $5,106 | $0 | $45,537 | $0 | $243,661 | $0 | $0 | $0 |
| Randy Smith | ||||||||||||||
| CFO/EVP Bus. & Admin Svcs | $152,584 | $0 | $0 | $0 | $581 | $0 | $1,423 | $0 | $22,183 | $0 | $176,771 | $0 | $0 | $0 |
| David Houghton | ||||||||||||||
| Chair, School of Business | $116,810 | $0 | $0 | $0 | $197 | $0 | $1,060 | $0 | $49,135 | $0 | $167,202 | $0 | $0 | $0 |
| Timothy Rasnic | ||||||||||||||
| VP of Advancement | $136,397 | $0 | $0 | $0 | $483 | $0 | $0 | $0 | $19,815 | $0 | $156,695 | $0 | $0 | $0 |
| Larinee Dennis | ||||||||||||||
| Co-Provost, Dean of Business, Health, Science & Education | $127,685 | $0 | $0 | $0 | $102 | $0 | $1,264 | $0 | $22,280 | $0 | $151,331 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|
| Oklahoma Baptist University Authority | |||||||
| A | 521571232 | 2015-11-20 | $7,355,000 | Refund portion of Series 2005 bonds issued 12/6/20 | false | false | false |
| Oklahoma Baptist University Authority | |||||||
| B | 521571232 | 2015-11-20 | $3,500,000 | Refund portion of Series 2014 bonds issued 06/30/20 | false | false | false |
| Oklahoma Baptist University Authority | |||||||
| C | 521571232 | 2012-05-11 | $8,000,000 | Refund portion of construction of student housing facilities | false | false | false |
| Oklahoma Baptist University Authority | |||||||
| D | 521571232 | 2013-11-14 | $13,500,000 | Refund portion of construction of student housing facilities | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $4,534,311 | $0 | $7,355,000 | $0 | $0 | $0 | $141,813 | $0 | $0 | $0 | $7,213,187 | $0 | 2007 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $2,051,267 | $0 | $3,500,000 | $0 | $0 | $0 | $50,000 | $0 | $0 | $0 | $3,450,000 | $0 | 2015 | Yes (true) | false | Yes (true) | Yes (true) |
| C | $3,585,367 | $0 | $8,000,000 | $0 | $0 | $0 | $88,900 | $0 | $0 | $7,911,100 | $0 | $0 | 2013 | false | false | Yes (true) | Yes (true) |
| D | $3,824,480 | $0 | $13,500,000 | $0 | $0 | $0 | $116,400 | $0 | $0 | $13,383,600 | $0 | $0 | 2015 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| B | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| C | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| D | false | false | false | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
| B | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
| C | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
| D | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
| D | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ including grants of $)(Revenue $ 6,978,758) 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 Income - Total Revenue: 7006267, Related or Exempt Function Revenue: 6978758, Unrelated Business Revenue: 27509, 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 - -4387002; Change in value of beneficial interests in funds held by others - 306708; Change in actuarial value of PRBO - -530152; |
| 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. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mack Holdings LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W University St | AddressLine1Txt |
| City | Shawnee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 823233383 | EIN |
| Primary Activities | Manage retail leasing operations | PrimaryActivitiesTxt |
| Legal Domicile State | OK | LegalDomicileStateCd |
| Total Income | $45,078 | TotalIncomeAmt |
| End Of Year Assets | $23,943 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OBU | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | Yes (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 | NA | false |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Shawnee Shipping Center LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W University St | AddressLine1Txt |
| City | Shawnee | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74804 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 822984993 | EIN |
| Primary Activities | Operates a commercial print shop | PrimaryActivitiesTxt |
| Legal Domicile State | OK | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | Unrelated | PredominantIncomeTypeTxt |
| Share Of Total Income | $33,088 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $116,942 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (true) | GeneralOrManagingPartnerInd |
| Ownership | 0.5 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|
| Charitable remainder annuity trusts (4) | |||
| Hold assets and remit income to University | OK | Oklahoma Baptist University | Yes (true) |
| Charitable remainder unitrusts (4) | |||
| Hold assets and remit income to University | OK | Oklahoma Baptist University | Yes (true) |
| Charitable remainder trusts (4) | |||
| Hold assets and remit income to University | OK | Oklahoma Baptist University | Yes (true) |
| Irrevocable personal trusts (1) | |||
| Hold assets and remit income to University | OK | Oklahoma Baptist University | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tulsa Royalties Company | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $3,080,500 | InvolvedAmt |
| Method Of Amount Determination | Cash Transaction | MethodOfAmountDeterminationTxt |