Oklahoma Bible Academy is located in Enid, OK. The organization was established in 1939. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 07/2022, Oklahoma Bible Academy employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Bible Academy 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 07/2022, Oklahoma Bible Academy generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $2.7m during the year ending 07/2022. While expenses have increased by 2.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MIDDLE SCHOOL AND HIGH SCHOOL CHRISTIAN EDUCATION PROGRAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDDLE AND SECONDARY SCHOOL WHOSE PURPOSE IS TO INTEGRATE GOD'S WORD INTO EVERY ASPECT OF LIFE AND LEARNING IN ORDER TO PRESENT A BIBLICAL WORLDVIEW TO EACH STUDENT, AND EQUIP THEM FOR GOD'S PURPOSE FOR THEIR LIFE
LUNCH PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Wilkins Headmaster | Officer | 40 | $86,166 |
Stephen O'neill Secretary | OfficerTrustee | 2 | $0 |
Kyle Lillie President | OfficerTrustee | 2 | $0 |
Laura Lang Treasurer | OfficerTrustee | 2 | $0 |
David Minx Vice President | OfficerTrustee | 2 | $0 |
Marsha Scott Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $25,319 |
Related organizations | $0 |
Government grants | $44,110 |
All other contributions, gifts, grants, and similar amounts not included above | $1,284,085 |
Noncash contributions included in lines 1a–1f | $19,363 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,353,514 |
Total Program Service Revenue | $1,577,883 |
Investment income | $60,730 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$9,897 |
Net Gain/Loss on Asset Sales | -$19,318 |
Net Income from Fundraising Events | $76,270 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$4,006 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,035,176 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,688 |
Grants and other assistance to domestic individuals. | $186,533 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $110,695 |
Compensation of current officers, directors, key employees. | $110,695 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,224,046 |
Pension plan accruals and contributions | $19,640 |
Other employee benefits | $166,633 |
Payroll taxes | $93,469 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,088 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $28,301 |
Fees for services: Other | $12,900 |
Advertising and promotion | $26,729 |
Office expenses | $67,285 |
Information technology | $35,389 |
Royalties | $0 |
Occupancy | $179,087 |
Travel | $49,958 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,752 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $240,452 |
Insurance | $15,529 |
All other expenses | $2,631 |
Total functional expenses | $2,676,851 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,404 |
Savings and temporary cash investments | $243,637 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,015 |
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 | $16,914 |
Net Land, buildings, and equipment | $4,062,318 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $3,827,108 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $8,209,396 |
Accounts payable and accrued expenses | $82,131 |
Grants payable | $0 |
Deferred revenue | $238,558 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $320,689 |
Net assets without donor restrictions | $5,327,486 |
Net assets with donor restrictions | $2,561,221 |
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 | $8,209,396 |
Over the last fiscal year, we have identified 2 grants that Oklahoma Bible Academy has recieved totaling $10,517.
Awarding Organization | Amount |
---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: SCHOLARSHIP | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $517 |
Beg. Balance | $3,720,541 |
Earnings | -$377,382 |
Admin Expense | $28,301 |
Net Contributions | $512,250 |
Ending Balance | $3,827,108 |
Organization Name | Assets | Revenue |
---|---|---|
Wichita Collegiate School Wichita, KS | $29,920,797 | $19,193,886 |
Santa Fe Preparatory School Santa Fe, NM | $79,113,849 | $36,111,805 |
Fountain Valley School Of Colorado Colorado Springs, CO | $92,362,981 | $24,818,046 |
Westminster Christian Academy Association Town Country, MO | $72,930,151 | $20,133,441 |
Thaden School Bentonville, AR | $79,028,915 | $15,891,102 |
Barstow School Kansas City, MO | $36,041,263 | $20,616,227 |
Academics Plus Charter Schools Inc Maumelle, AR | $7,409,476 | $15,799,644 |
Marine Military Academy Inc Harlingen, TX | $47,303,872 | $14,319,783 |
South Texas Educational Technologies Inc Weslaco, TX | $17,267,724 | $15,758,985 |
Akibayavneh Academy Dallas, TX | $13,685,007 | $15,057,848 |
Navajo Preparatory School Inc Farmington, NM | $37,567,327 | $9,309,197 |
Student Alternatives Program Incorporated San Antonio, TX | $19,593,024 | $15,118,019 |