Oklahoma Christian University Inc
- Assets
- $129.2m
- Revenue
- $77.3m
- Investments
- $3.4m
- Employees
- 1,239
- Location
- Oklahoma City, OK
- Founding
- 09/1952
- Data as of
- 05/2022
- EIN
- 73-0555460
Organization Overview
Oklahoma Christian University Inc is located in Oklahoma City, OK. The organization was established in 1952. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 05/2022, Oklahoma Christian University Inc employed 1,239 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Christian University Inc 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 05/2022, Oklahoma Christian University Inc generated $77.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $73.1m during the year ending 05/2022. While expenses have increased by 1.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OKLAHOMA CHRISTIAN UNIVERSITY EXISTS TO TRANSFORM LIVES FOR CHRISTIAN FAITH, SCHOLARSHIP, AND SERVICE.
Describe the Organization's Program Activity:
INSTRUCTION, STUDENT SERVICES, AND ACADEMIC SUPPORT
AUXILIARY ACTIVITIES - FOOD SERVICE, HOUSING, AND OCGMBH HOUSING
ALL OTHER ACTIVITIES NECESSARY FOR A HEALTHY AND THRIVING EDUCATIONAL ENVIRONMENT
FINANCIAL AID AND PUBLIC SERVICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Desteiguer President | Officer | 40 | $326,529 |
Brandon Tatum Chief Strategy Officer | Officer | 40 | $200,790 |
Steven K Allen Chief Of Staff | Officer | 40 | $151,271 |
Byron Newberry Dean Of College Of Engineering | 40 | $146,197 | |
Jeffrey Mccormack Chief Academic Officer | Officer | 40 | $136,107 |
David Lynn Athletic Director | 40 | $122,036 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
U-dining Llc Food Service | 5/30/22 | $3,710,940 |
Slingshot Lp Course Material | 5/30/22 | $1,513,062 |
Smith Pickel Construct Construction | 5/30/22 | $1,024,116 |
Cynosure Facility Services Cleaning | 5/30/22 | $646,045 |
Horti-care Landscaping | 5/30/22 | $568,303 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,815,774 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,206,118 |
| Noncash contributions included in lines 1a–1f | $30 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,021,892 |
| Total Program Service Revenue | $56,373,378 |
| Investment income | $3,557,472 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $455,604 |
| Net Rental Income | $81,885 |
| Net Gain/Loss on Asset Sales | -$1,894,103 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,254,883 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,370,471 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,830,562 |
| Compensation of current officers, directors, key employees. | $1,377,341 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,371,839 |
| Pension plan accruals and contributions | $603,560 |
| Other employee benefits | $2,242,860 |
| Payroll taxes | $1,207,918 |
| Fees for services: Management | $838,770 |
| Fees for services: Legal | $11,397 |
| Fees for services: Accounting | $136,584 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $85,900 |
| Fees for services: Other | $2,615,508 |
| Advertising and promotion | $615,149 |
| Office expenses | $42,916 |
| Information technology | $725,182 |
| Royalties | $0 |
| Occupancy | $1,701,369 |
| Travel | $1,425,019 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,753 |
| Interest | $1,893,579 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,349,861 |
| Insurance | $871,900 |
| All other expenses | $0 |
| Total functional expenses | $73,064,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $534 |
| Savings and temporary cash investments | $12,336,864 |
| Pledges and grants receivable | $3,905,803 |
| Accounts receivable, net | $3,396,646 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,151,510 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $649,292 |
| Net Land, buildings, and equipment | $66,379,368 |
| Investments—publicly traded securities | $32,677,859 |
| Investments—other securities | $3,420,990 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,310,093 |
| Total assets | $129,228,959 |
| Accounts payable and accrued expenses | $3,628,043 |
| Grants payable | $0 |
| Deferred revenue | $2,384,396 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $46,062,585 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,695,631 |
| Total liabilities | $54,770,655 |
| Net assets without donor restrictions | $24,091,478 |
| Net assets with donor restrictions | $50,366,826 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $129,228,959 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Oklahoma Christian University Inc has recieved totaling $254,220.
| Awarding Organization | Amount |
|---|---|
Mabel & Leo Scott Charitable Tr Fort Worth, TX | | $105,000 |
Cary Brown Family Foundation Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $52,500 |
Servant Foundation Overland Park, KS PURPOSE: EDUCATION | $23,000 |
Butterfield Memorial Foundation Oklahoma City, OK PURPOSE: MEDICAL INTERNSHIP | $19,500 |
American Fidelity Foundation Oklahoma City, OK PURPOSE: SCHOLARSHIP GENERAL FINANCIAL SUPPORT | $18,600 |
Oge Energy Foundation Inc Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $16,500 |
Endowment Analysis
| Beg. Balance | $47,004,685 |
| Earnings | $4,294,555 |
| Net Contributions | $421,879 |
| Other Expense | $684,339 |
| Grants | $718,500 |
| Ending Balance | $50,318,280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwestern University Georgetown, TX | $545,443,629 | $120,545,319 |
University Of Dallas Irving, TX | $199,857,473 | $113,303,897 |
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |
Benedictine College Atchison, KS | $163,686,664 | $96,440,027 |
Hendrix College Conway, AR | $318,329,586 | $98,419,951 |
Ottawa University Ottawa, KS | $107,254,264 | $83,319,178 |
Drury University Springfield, MO | $197,297,672 | $75,721,067 |
Oklahoma Baptist University Shawnee, OK | $289,242,729 | $80,964,114 |
Oklahoma Christian University Inc Oklahoma City, OK | $129,228,959 | $77,254,883 |
Ouachita Baptist University Arkadelphia, AR | $209,281,744 | $71,056,315 |
Wayland Baptist University Plainview, TX | $171,784,780 | $76,328,072 |
John Brown University Siloam Springs, AR | $239,506,733 | $75,339,651 |