Ottawa University
- Assets
- $153.6m
- Revenue
- $89.8m
- Investments
- $354.6k
- Employees
- 1,142
- Location
- Ottawa, KS
- Founding
- 04/1946
- Data as of
- 06/2021
- EIN
- 48-0543772
Organization Overview
Ottawa University is located in Ottawa, KS. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Ottawa University employed 1,142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ottawa University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Ottawa University generated $89.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $86.5m during the year ending 06/2021. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING ON ITS FOUNDATION AS A CHRIST-INSPIRED COMMUNITY OF GRACE AND OPEN INQUIRY, OTTAWA UNIVERSITY PREPARES PROFESSIONAL AND LIBERAL ARTS GRADUATES FOR LIFETIMES OF PERSONAL SIGNIFICANCE, VOCATIONAL FULFILLMENT, AND SERVICE TO GOD AND HUMANITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTTAWA UNIVERSITY STRIVES TO PROVIDE THE HIGHEST QUALITY LIBERAL ARTS AND PROFESSIONAL EDUCATION IN A CARING, CHRIST-INSPIRED COMMUNITY OF GRACE INTEGRATING FAITH, LEARNING AND LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Trent Trustee, Chair | OfficerTrustee | 1 | $0 |
Janet Kincaid Trustee, Vice Chair | OfficerTrustee | 1 | $0 |
Pamela Woodward Secretary | OfficerTrustee | 1 | $0 |
Zach Peek Treasurer | OfficerTrustee | 1 | $0 |
Lucky Defries Trustee | Trustee | 1 | $0 |
Joe Greenhaw Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A'viands Llc Food Service | 6/29/22 | $1,710,000 |
Mammoth Sports Construction Construction | 6/29/22 | $1,153,392 |
Eddy Holdings Llc Financial Services | 6/29/22 | $630,284 |
Loyd Builders Inc Construction | 6/29/22 | $522,970 |
Christopher Todd Greenway Llc Real Estate Services | 6/29/22 | $380,351 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,997,708 |
| Investment income | $173,051 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,735 |
| Net Rental Income | $12,509 |
| Net Gain/Loss on Asset Sales | -$3,383 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,784,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $24,585,694 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,072,045 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,156,277 |
| Pension plan accruals and contributions | $129,285 |
| Other employee benefits | $3,611,603 |
| Payroll taxes | $1,694,857 |
| Fees for services: Management | $1,419,023 |
| Fees for services: Legal | $258,266 |
| Fees for services: Accounting | $105,142 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,906,230 |
| Advertising and promotion | $1,909,308 |
| Office expenses | $994,597 |
| Information technology | $549,692 |
| Royalties | $0 |
| Occupancy | $4,140,720 |
| Travel | $1,364,239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69,976 |
| Interest | $4,505,212 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,721,184 |
| Insurance | $300,541 |
| All other expenses | $0 |
| Total functional expenses | $86,479,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,382,685 |
| Savings and temporary cash investments | $97,536 |
| Pledges and grants receivable | $5,883,668 |
| Accounts receivable, net | $2,755,085 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $329,258 |
| Prepaid expenses and deferred charges | $1,008,594 |
| Investments—publicly traded securities | $24,036,919 |
| Investments—other securities | $354,645 |
| Investments—program-related | $1,960,530 |
| Intangible assets | $0 |
| Other assets | $5,366,075 |
| Total assets | $153,555,194 |
| Accounts payable and accrued expenses | $4,113,815 |
| Grants payable | $0 |
| Deferred revenue | $7,706,304 |
| Tax-exempt bond liabilities | $15,725,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $88,968,421 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,145,007 |
| Total liabilities | $124,658,547 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $28,896,647 |