Oral Roberts Evangelistic Association
- Assets
- $7.4m
- Revenue
- $5.5m
- Investments
- $2.9m
- Employees
- 68
- Location
- Tulsa, OK
- Founding
- 07/1949
- Data as of
- 04/2023
- EIN
- 73-0568096
Organization Overview
Oral Roberts Evangelistic Association is located in Tulsa, OK. The organization was established in 1949. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 04/2023, Oral Roberts Evangelistic Association employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oral Roberts Evangelistic Association 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 04/2023, Oral Roberts Evangelistic Association generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $5.9m during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Oral Roberts Evangelistic Association has awarded 82 individual grants totaling $1,181,468. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EVANGELISTIC MINISTRY TO PRAY FOR HEALING OF THE WHOLE MAN
Describe the Organization's Program Activity:
Part 3 - Line 4a
TELEVISION, RADIO & MEDIA MINISTRY - 52 WEEKLY TELEVISION AND RADIO PROGRAMS, AND 260 DAILY TELEVISION PROGRAMS WERE PRODUCED BY ORAL ROBERTS EVANGELICAL ASSOCIATION TO HELP SPREAD THE GOSPEL OF JESUS CHRIST IN THE UNITED STATES AND THROUGHOUT THE WORLD. THESE PROGRAMS REACHED AN ESTIMATE 800,000 VIEWERS PER WEEK. PROGRAMS AND PUBLICATIONS AVAILABLE ON WEBSITE AND OTHER SOCIAL MEDIA PLATFORMS.
MAIL MINISTRY CORRESPONDENCE - DURING THE YEAR LETTERS WERE RECIEVED FROM THOSE WRITING TO REQUEST PRAYER. ALL LETTERS RECEIVED ARE INDIVIDUALLY ANSWERED AND A CORRESPONDENCE MINISTRY MAINTAINED WITH THE WRITERS.RELIGIOUS LITERATURE AND MATERIALS - DISTRIBUTED COPIES OF BI-MONTHLY AND QUARTERLY MAGAZINES, BOOKS, TRACTS AND BOOKLETS, AND AUDIO AND VIDEO TAPE RECORDINGS AND OTHER RELIGIOUS MATERIALS CONTAINING MESSAGES OF CHRISTIAN INSPIRATION AND TEACHING.
CRUSADES, OUTREACH, HUNGER NEEDS A VOICE, INCLUDING HUNGER RELIEF AND MINISTRY IN NORTH AMERICA AND WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Geuder Trustee | Trustee | 0 | $0 |
Marilyn Hickey Trustee | Trustee | 0 | $0 |
Ron Halvorson Trustee | Trustee | 0 | $0 |
Michael Letney Trustee | Trustee | 0 | $0 |
Ann Platz Trustee | Trustee | 0 | $0 |
Gary Lee MD Trustee | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Resource One Mailing Services, Rent | 4/29/23 | $609,741 |
Tct Ministries Tv Broadcasting | 4/29/23 | $393,032 |
Community Care Medical Insurance | 4/29/23 | $276,261 |
Nick Hand Web Services | 4/29/23 | $106,390 |
Word Network Tv Broadcasting | 4/29/23 | $293,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,397,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,397,634 |
| Total Program Service Revenue | $109,234 |
| Investment income | $67 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,506,935 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $554,426 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $855,027 |
| Compensation of current officers, directors, key employees. | $128,254 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,955,631 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $274,148 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $236,266 |
| Travel | $9,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,695 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $109,195 |
| All other expenses | $11,226 |
| Total functional expenses | $5,883,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,789 |
| Savings and temporary cash investments | $2,652,994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,339 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $154,371 |
| Prepaid expenses and deferred charges | $7,041 |
| Net Land, buildings, and equipment | $1,256,796 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,918,448 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,403,778 |
| Accounts payable and accrued expenses | $245,976 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $553,009 |
| Other liabilities | $5,032,870 |
| Total liabilities | $5,831,855 |
| Net assets without donor restrictions | $229,816 |
| Net assets with donor restrictions | $1,342,107 |
| 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 | $7,403,778 |
Grants Awarded
Over the last fiscal year, Oral Roberts Evangelistic Association has awarded $108,981 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
REACH NOW PURPOSE: PREACHING THE GOSPEL | $27,500 |
RUN INTERNATIONAL PURPOSE: BUILDING A SCHOOL IN NIGER | $33,600 |
KENNETH COPELAND MINISTRIES PURPOSE: RELIGIOUS MINISTRY | $28,881 |
DANITA'S CHILDREN PURPOSE: FEEDING HUNGRY CHILDREN | $5,500 |
METRO WORLD CHILD PURPOSE: CHILDREN'S MINISTRY | $5,500 |
PROJECT ORPHANS PURPOSE: CHILDREN'S MINISTRY | $8,000 |