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 07/2023, Oklahoma Bible Academy employed 79 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 07/2023, Oklahoma Bible Academy generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.9m during the year ending 07/2023. While expenses have increased by 3.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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
DISCOVERY PROGRAM: ACADEMIC SUPPORT SERVICES PROGRAM THAT INCLUDES DISCOVERY COGNITIVE THERAPY, LEARNING LABS WITH CERTIFIED LEARNING DIFFERENCES INSTRUCTORS, AND AN AFTER-SCHOOL STUDY HALL OPTION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Wilkins Headmaster | Officer | 40 | $87,807 |
Jon Redelsperger Director | Trustee | 1 | $0 |
David Minx Vice President | OfficerTrustee | 2 | $0 |
Alex Williams Director | Trustee | 1 | $0 |
Gregg Ratzlaff Director | Trustee | 1 | $0 |
Hallie Caldwell Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,481 |
| Related organizations | $0 |
| Government grants | $49,768 |
| All other contributions, gifts, grants, and similar amounts not included above | $796,880 |
| Noncash contributions included in lines 1a–1f | $21,401 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $868,129 |
| Total Program Service Revenue | $1,479,652 |
| Investment income | $75,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,546 |
| Net Gain/Loss on Asset Sales | -$21,172 |
| Net Income from Fundraising Events | $115,641 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$2,440 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,510,528 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,016 |
| Grants and other assistance to domestic individuals. | $225,066 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,170 |
| Compensation of current officers, directors, key employees. | $110,170 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,330,828 |
| Pension plan accruals and contributions | $25,048 |
| Other employee benefits | $198,031 |
| Payroll taxes | $99,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,198 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,683 |
| Fees for services: Other | $0 |
| Advertising and promotion | $25,231 |
| Office expenses | $73,227 |
| Information technology | $24,598 |
| Royalties | $0 |
| Occupancy | $179,734 |
| Travel | $68,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $259,775 |
| Insurance | $12,736 |
| All other expenses | $374 |
| Total functional expenses | $2,886,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,576 |
| Savings and temporary cash investments | $293,618 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,224 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,823 |
| Prepaid expenses and deferred charges | $39,255 |
| Net Land, buildings, and equipment | $3,825,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $3,739,401 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,944,041 |
| Accounts payable and accrued expenses | $73,147 |
| Grants payable | $0 |
| Deferred revenue | $189,125 |
| 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 | $262,272 |
| Net assets without donor restrictions | $4,981,649 |
| Net assets with donor restrictions | $2,700,120 |
| 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 | $7,944,041 |