2016-01-21T13:44:36-06:00 2015-05-31 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2014-06-01 730579264 Oklahoma Baptist University OKLA 4052752850 500 W University Box 61207 Shawnee OK 74804 Randy Smith Exec VP of Bus & Admin Svcs 4052752850 2016-01-21 1 David C Moja P00747006 7195286225 2014 2016-04-25 22:37:26Z Dr David W Whitlock 500 W University Box 61207 Shawnee OK 74804 85019404 0 X www.okbu.edu X 1910 OK A Christian Liberal Arts University 31 31 1468 60 20932 -7080 11925007 9474733 51690986 53526085 4538395 5662087 482038 499620 68636426 69162525 22798731 22163157 0 0 20022434 24269468 10154 0 1403018 15947982 18679560 58779301 65112185 9857125 4050340 204252448 219244219 25079833 33517085 179172615 185727134 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. 0 0 40307251 22163157 37678382 Academic Instruction (Tuition & Fees) - Oklahoma Baptist University offers 10 bachelor's degrees, one associate's degree and three graduate degrees. There are 84 undergraduate academic major fields of study, with pre-professional degrees in several areas. The academic offerings are operated through seven colleges: Theology and Ministry, Science and Mathematics, Humanities and Social Science, Business, Fine Arts, Nursing, and Graduate and Professional Studies. The University's core curriculum integrates academic disciplines to provide a rigorous liberal arts education. Master's degrees are offered in business administration, marriage and family therapy, and nursing. The University's four-year graduation rate is among the highest in the region. 6838680 0 9249883 Auxiliary Enterprises- Oklahoma Baptist University operates residential facilities for approximately 1,300 of the University's approximately 2,000 enrolled students. Campus dining is provided through Chartwells Dining Services. The University's bookstore is operated by Tree of Life Bookstores. 9085360 0 4496994 Oklahoma Baptist University provides a range of services to students, including health services, career planning and placement, counseling, financial aid, athletic opportunities through 21 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. 508662 0 2100826 Institutional support for all services provided to approximately 2,000 students. 508662 0 2100826 56739953 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 1 X 2788 0 1 1468 1 1 1 0 0 0 0 1 1 0 0 0 1 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X X Lauri Fluke AVP Finance & Admin 4055855130 500 W University Box 61207 Shawnee OK 74804 Jarrod Frie Trustee/Chairman 0.50 X X 0 0 0 David Lawrence Trustee/Chairman (Part-year) 0.50 X X 0 0 0 Allison Huebert Trustee/Vice-Chairman 0.50 X X 0 0 0 Skip Robinson Trustee/Secretary 0.50 X X 0 0 0 Trent Richey Trustee/Secretary (Part-year) 0.50 X X 0 0 0 Robert Troester Trustee/Treasurer 0.50 X X 0 0 0 Nadine McPherson Trustee 0.50 X 0 0 0 Lee Witt Trustee 0.50 X 0 0 0 Jason Yarborough Trustee 0.50 X 0 0 0 Ron Reiser Trustee 0.50 X 0 0 0 Andy Finch Trustee 0.50 X 0 0 0 Lance Ford Trustee 0.50 X 0 0 0 Mike Bernhardt Trustee 0.50 X 0 0 0 LaVerne Dowding Trustee 0.50 X 0 0 0 Richard Stillwell Trustee 0.50 X 0 0 0 Steven Bagwell Trustee 0.50 X 0 0 0 Paul Briggs Trustee 0.50 X 0 0 0 Michael Gabbert Trustee 0.50 X 0 0 0 Fred King Trustee 0.50 X 0 0 0 Tim Potter Trustee 0.50 X 0 0 0 Earl Stephenson Trustee 0.50 X 0 0 0 Mike Taylor Trustee 0.50 X 0 0 0 Mike Tignor Trustee 0.50 X 0 0 0 Anthony Jordan Trustee 0.50 X 0 0 0 Jeff Moore Trustee 0.50 X 0 0 0 Denver Talley Trustee 0.50 X 0 0 0 George Butner Trustee 0.50 X 0 0 0 Glenn Coffee Trustee 0.50 X 0 0 0 James Wilder Trustee 0.50 X 0 0 0 Bob Ross Trustee 0.50 X 0 0 0 Joe Sherrer Trustee 0.50 X 0 0 0 Danna Humphreys Trustee 0.50 X 0 0 0 Ralph Chapman Trustee (Part Year) 0.50 X 0 0 0 Eric Costanzo Trustee (Part Year) 0.50 X 0 0 0 Ron Davis Trustee (Part Year) 0.50 X 0 0 0 Doug Passmore Trustee (Part Year) 0.50 X 0 0 0 Carl Storm Trustee (Part Year) 0.50 X 0 0 0 Earlene Washburn Trustee (Part Year) 0.50 X 0 0 0 David W Whitlock President 50.00 X 178774 0 81764 R Stanton Norman Provost 50.00 X 86049 0 78351 Randy L Smith Exec VP Bus. & Admin Svcs 50.00 X 137030 0 28537 William Smallwood Exec VP Advancement 50.00 X 105529 0 15918 David Houghton Dean, College of Business 50.00 X 105326 0 15952 Richard Rudebock Professor of Business 50.00 X 103178 0 9984 Deborah Bosch Dean,College of Science and Mathematics 50.00 X 103828 0 10023 Lepaine McHenry Dean, College of Nursing 50.00 X 124539 0 11500 944253 0 252029 7 0 1 0 Lingo Construction Company 123 NW 8th St Oklahoma City OK 73102 Construction Contractor 9797321 Chartwells 500 W University Shawnee OK 74804 Food/Catering Svcs 3029617 CJC Architects Inc 1401 S Denver Ave Tulsa OK 74119 Architect Services 1363090 Tree of Life Bookstore Inc 1500 S Western Ave Marion IN 46953 Bookstore Contractor 903660 Aramark Facility Services 500 W University Box 61837 Shawnee OK 74804 Custodial Services 831712 19 107880 3991753 270887 5104213 1914439 9474733 Tuition 900099 37678382 37678382 Auxiliary-Hsng/Meals 721310 9249883 9249883 Fees 900099 4496994 4496994 Misc Educational Svcs 900099 1864505 1864505 Other Income 900099 236321 236321 53526085 5648142 5648142 637035 637035 15693128 15679183 13945 13945 13945 19349 107880 177696 -158347 -158347 Sponsorships 900099 20932 20932 20932 69162525 53526085 20932 6140775 22163157 22163157 706861 332035 241582 133244 35879 14682 21197 17980012 14802131 2472905 704976 948051 769407 138591 40053 3317447 2680576 552685 84186 1281218 1047709 181929 51580 35228 35228 72072 72072 31366 31366 341855 186602 150716 4537 2775081 2116706 560830 97545 1401048 245550 1121051 34447 2413827 1930337 418185 65305 1487868 1320030 112407 55431 1256544 1158539 43477 54528 880640 878079 2561 3127583 2650054 413856 63673 536644 536644 Food service 2894245 2894245 Other 704362 606662 84187 13513 Equipment rent/maint 462555 402308 60247 Bad Debt Expense 258642 4500 254142 65112185 56739953 6969214 1403018 97098 97065 1869762 1876272 12018 17453 3134756 4709589 10078 6877 615348 542786 126212491 47075773 71774365 79136718 1314821 1326236 12354798 15115910 1441032 1424180 111628372 114991133 204252448 219244219 3269826 4543561 822014 3713747 16168265 20547775 4819728 4712002 25079833 33517085 X 64784310 64275560 25820411 32945552 88567894 88506022 179172615 185727134 204252448 219244219 X 4050340 2782407 -278228 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 117482989 864061 7595516 2559824 270572 1333208 121778962 107888729 3747372 9870500 2398665 540879 1084068 117482989 98030632 4104396 9442864 1921411 558408 1209344 107888729 99638591 2237738 -407608 1964782 379202 1094105 98030632 91026123 821222 11401353 977553 1528994 1103560 99638591 0.07000 0.73000 0.20000 1 1 1 6181627 6181627 89891540 26675126 63216414 283789 283789 23495170 17458471 6036699 6360365 2942176 3418189 79136718 Church Building Loan Fund 13083341 F Mineral Interests 2032569 F 15115910 Trusts administered by Southern Bapt Fdn 186885 Trusts administered by Presbyterian Fdn 15682 Zoll Trust 1064344 Toland Trust 1819164 Trusts administered by OK City Comm Found 757787 Funds held in trust-Baptist Found of OK 111147271 114991133 Government advances refundable 765763 Asset retirement obligation 862239 Post-retirement benefits obligation 3084000 4712002 X Part V, Line 4: Income from endowment funds is used to provide scholarships, instructional and academic support, funding for student loans, funding for faculty positions and faculty development as well as overall operational support for the University. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statement of activities. As of May 31, 2015, the University and the Company had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2012. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University publicizes this policy in local newspapers and on the University's website. 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 The University receives federal college work study funds and supplemental educational opportunity grant funds that are passed directly to students through these programs. South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 0 Program Services Student Trips 16844 South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, 0 0 Program Services Student Trips 44996 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Student Trips 77079 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina, Faso, 0 0 Program Services Student Trips 85830 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 Program Services Student Trips 23997 Central America and Caribbean 0 0 Program Services Student Trips 16270 Europe 0 0 Program Services Student Trips 94514 North America 0 0 Program Services Student Trips 29021 Russia 0 0 Program Services Student Trips 16307 0 0 0 0 0 0 388551 16307 404858 0 0 0 0 0 0 Part I, line 3: Foreign expenditures are monies expended for mission or academic study trips outside the US. Expenditures are recorded based on actual out-of-pocket expenses while traveling outside the US using expense reports and other appropriate documentation. Green & Gold Gala 127229 107880 19349 2588 6218 29509 121483 17898 127229 107880 19349 2588 6218 29509 121483 17898 177696 -158347 1 Scholarships 1767 22163157 Part I, Line 2: 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. X X 1 1 X X 0 0 0 0 0 0 0 0 0 David W Whitlock President 178674 0 100 0 0 0 30402 0 52429 0 261605 0 0 0 R Stanton Norman Provost 85949 0 100 0 0 0 23989 0 55245 0 165283 0 0 0 Randy L Smith Exec VP Bus. & Admin Svcs 136930 0 100 0 0 0 8495 0 20924 0 166449 0 0 0 Part I, Line 1a The President's wife accompanies the President on various University events for which travel is required. These travel arrangements are paid by the University are are treated as taxable income included in the President's W2. As an ordained minister of the Gospel, the President receives an annual minister's housing allowance that is appropriately treated as a non-taxable benefit and is included in 990 Part VII, Column (F) and in Schedule J Part II, Column (D). Part I, Line 3 The University participates in annual salary studies of various higher education associations and uses the studies to review appropriateness of officer and key employees salaries. 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. Various Relatives of individuals listed on 990, Page 7, Part VII. 22660 Tuition Assistance Tuition Assistance Alice J Norman Spouse of officer 14682 W-2 Employee 0 Joshua C Whitlock Child of officer 21197 W-2 Employee 0 X 2 11337 FMV - Similar Sales X 12 1903102 Public Exchange 0 0 1 0 Part I, Column (b): The number listed represents the number of unique contributions received. Form 990, Part VI, Section A, Line 7b, Trustees approved by BGCO Oklahoma Baptist University was organized by action of the Baptist General Convention of Oklahoma. According to the University's bylaws, the BGCO has the power to remove (for cause) trustees and replace them. The Executive Director of the BGCO is a trustee on the University's board. Form 990, Part VI, Section B, line 11 The Form 990 is prepared by an independent CPA firm, then reviewed by the Finance Team, before the return is made available to the Audit Committee and the whole board prior to its being submitted to the IRS. Form 990, Part VI, Section B, line 12c 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, Section B, line 15 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, Section C, line 19 Currently, these types of documents are available upon request. In addition, the organization's audited financial statements and conflict of interest policy are available on the organization's website. Form 990, Part XI, line 9: Change in value of investments held by supporting organization -278,228. Tulsa Royalties Company 500 W University Box 61207 Shawnee OK 74804 736101744 Support of Oklahoma Baptist University OK 501(c)(3) 11(a) Oklahoma Baptist University 0 Baptist General Convention of Oklahoma 3800 N May Ave Okla City OK 73112 730321888 Convention of Churches OK 501(c)(3) 1 N/A 0 Baptist Foundation of Oklahoma 3800 N May Ave Okla City OK 73112 730623038 Church support services OK 501(c)(3) 1 N/A 0 Charitable remainder annuity trusts (3) Hold assets and remit income to University OK Oklahoma Baptist University 0 Charitable remainder unitrusts (8) Hold assets and remit income to University OK Oklahoma Baptist University 0 Charitable remainder trusts (3) Hold assets and remit income to University OK Oklahoma Baptist University 0 Irrevocable personal trusts (3) Hold assets and remit income to University OK Oklahoma Baptist University 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0