Oklahoma Christian University Inc
- Assets
- $124.2m
- Revenue
- $74.9m
- Investments
- $3.8m
- Employees
- 1,213
- Location
- Oklahoma City, OK
- Founding
- 09/1952
- Data as of
- 05/2023
- 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 05/2023, Oklahoma Christian University Inc employed 1,213 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 05/2023, Oklahoma Christian University Inc generated $74.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $74.9m during the year ending 05/2023. While expenses have increased by 1.3% per year over the past 8 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
2023
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 TUITION FEES, STUDENT SERVICES, EDUCATIONAL SERVICES
OTHER PROGRAM SERVICES SUCH AS FINANCIAL AID AND PUBLIC SERVICES
ALL OTHER ACTIVITIES NECESSARY FOR A HEALTHY AND THRIVING EDUCATIONAL ENVIRONMENT, INSTITUTIONAL AID
AUXILIARY ACTIVITIES-FOOD SERVICE, HOUSING, AND OCGMBH HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Board Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Name Not Listed Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
U-dining Llc Food Service | 5/30/23 | $3,711,462 |
Slingshot Lp Course Material | 5/30/23 | $1,513,146 |
Smith & Pickel Construction New Construction | 5/30/23 | $1,024,116 |
Cynosure Facility Services Cleaning Service | 5/30/23 | $646,045 |
B&r Renovations Maintenance & Construction | 5/30/23 | $550,056 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,612,774 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,234,378 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,847,152 |
| Total Program Service Revenue | $60,159,057 |
| Investment income | $593,149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $720,414 |
| Net Rental Income | $140,551 |
| Net Gain/Loss on Asset Sales | $2,798,723 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,884,980 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,790,207 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,764,158 |
| Compensation of current officers, directors, key employees. | $1,316,645 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,568,304 |
| Pension plan accruals and contributions | $723,267 |
| Other employee benefits | $1,154,469 |
| Payroll taxes | $1,375,826 |
| Fees for services: Management | $1,397,546 |
| Fees for services: Legal | $52,824 |
| Fees for services: Accounting | $133,712 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $105,411 |
| Fees for services: Other | $0 |
| Advertising and promotion | $834,165 |
| Office expenses | $85,919 |
| Information technology | $957,896 |
| Royalties | $0 |
| Occupancy | $2,117,112 |
| Travel | $1,586,368 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,137 |
| Interest | $2,103,572 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,554,624 |
| Insurance | $825,485 |
| All other expenses | $2,847,469 |
| Total functional expenses | $74,861,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42 |
| Savings and temporary cash investments | $7,373,768 |
| Pledges and grants receivable | $3,694,570 |
| Accounts receivable, net | $3,491,549 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $909,329 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $685,651 |
| Net Land, buildings, and equipment | $63,352,877 |
| Investments—publicly traded securities | $37,694,921 |
| Investments—other securities | $3,820,129 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,179,850 |
| Total assets | $124,202,686 |
| Accounts payable and accrued expenses | $4,238,557 |
| Grants payable | $0 |
| Deferred revenue | $2,631,835 |
| 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 | $43,728,057 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,387,925 |
| Total liabilities | $52,986,374 |
| Net assets without donor restrictions | $21,663,483 |
| Net assets with donor restrictions | $49,552,829 |
| 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 | $124,202,686 |