Southwestern Christian University Inc
- Assets
- $10.1m
- Revenue
- $12.4m
- Investments
- $2.1m
- Employees
- 238
- Location
- Bethany, OK
- Founding
- 07/2014
- Data as of
- 06/2021
- EIN
- 73-0599209
Organization Overview
Southwestern Christian University Inc is located in Bethany, OK. The organization was established in 2014. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Southwestern Christian University Inc employed 238 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwestern 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 06/2021, Southwestern Christian University Inc generated $12.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $10.7m during the year ending 06/2021. 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
PROVIDING CHRIST-CENTERED LIBERAL ARTS EDUCATION, EMPOWERING GRADUATES TO EXCEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHWESTERN CHRISTIAN UNIVERSITY IS A PRIVATE, FOUR-YEAR CHRISTIAN UNIVERSITY OFFERING BOTH UNDERGRADUATE AND GRADUATE PROGRAMS. UNDERGRADUATE STUDENTS CAN CHOOSE FROM ONE ASSOCIATE'S AND 20 BACHELOR'S DEGREE OPTIONS IN SIX ACADEMIC DEPARTMENTS AND ENJOY A STUDENT TO FACULTY RATIO OF 17:1. GRADUATE DEGREES INCLUDE A MASTER OF MINISTRY, A MASTER OF ARTS IN THEOLOGICAL STUDIES, AND A MASTER OF ARTS IN CHRISTIAN GLOBAL LEADERSHIP.
AUXILIARY ENTERPRISES - SOUTHWESTERN CHRISTIAN UNIVERSITY OFFERS ONSITE DORM ROOMS PLUS CAFETERIA FOR ONSITE STUDENTS AND COMMUTER STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randell Drake Chair | OfficerTrustee | 1 | $0 |
Wayne Kirby Vice Chairman, Regent - Board Member | OfficerTrustee | 1 | $0 |
Justin Blankenship Regent - Board Member | Trustee | 0.5 | $0 |
Thomas Mcghee Regent - Board Member | Trustee | 0.5 | $0 |
Neil Barlow Regent - Board Member | Trustee | 0.5 | $0 |
Max Barroso Regent - Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pioneer College Caterers Inc Food Services | 6/29/21 | $581,066 |
Comcourse Inc Online Education Services | 6/29/21 | $275,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,043 |
| Related organizations | $0 |
| Government grants | $1,156,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $333,162 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,522,401 |
| Total Program Service Revenue | $9,234,945 |
| Investment income | $20,847 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $64,259 |
| 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 | $12,403,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,529,131 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,268 |
| Compensation of current officers, directors, key employees. | $129,948 |
| Compensation to disqualified persons | $66,000 |
| Other salaries and wages | $3,151,201 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $181,698 |
| Payroll taxes | $201,536 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $461 |
| Fees for services: Other | $814,207 |
| Advertising and promotion | $1,496 |
| Office expenses | $93,650 |
| Information technology | $97,890 |
| Royalties | $0 |
| Occupancy | $1,086,350 |
| Travel | $161,247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,708 |
| Interest | $256,631 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $218,467 |
| Insurance | $151,100 |
| All other expenses | $164,811 |
| Total functional expenses | $10,706,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $138,304 |
| Savings and temporary cash investments | $34,056 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,605,924 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,651 |
| Net Land, buildings, and equipment | $6,244,131 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,103,616 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,129,682 |
| Accounts payable and accrued expenses | $1,927,958 |
| Grants payable | $0 |
| Deferred revenue | $1,112,272 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $50,000 |
| Secured mortgages and notes payable | $4,274,956 |
| Unsecured mortgages and notes payable | $1,316,600 |
| Other liabilities | $0 |
| Total liabilities | $8,681,786 |
| Net assets without donor restrictions | -$983,062 |
| Net assets with donor restrictions | $2,430,958 |
| 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 | $10,129,682 |