University Of Central Oklahoma Fdn
- Assets
- $57.6m
- Revenue
- $22.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 03/1954
- Data as of
- 06/2022
- EIN
- 73-6108032
Organization Overview
University Of Central Oklahoma Fdn is located in Edmond, OK. The organization was established in 1954. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Central Oklahoma Fdn 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 06/2022, University Of Central Oklahoma Fdn generated $22.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $11.3m during the year ending 06/2022. While expenses have increased by 21.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FUNDING OF COLLEGE SCHOLARSHIPS AND SUPPORT OF UNIVERSITY PROGRAMS
Describe the Organization's Program Activity:
PROVIDE GIFTS, SCHOLARSHIPS AND ORGANIZATIONAL SUPPORT TO UNIVERSITY OF CENTRAL OKLAHOMA AND ITS STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Webster Treasurer | OfficerTrustee | 1 | $0 |
Peggy J Kates Secretary | OfficerTrustee | 1 | $0 |
Brad Pumphrey Past Chair | OfficerTrustee | 1 | $0 |
Mike Patterson Vice Chair | OfficerTrustee | 1 | $0 |
Emily Lang Chair Of The Board | OfficerTrustee | 1 | $0 |
Art Cotton President | Officer | 35 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cory's Audio Video Audio/visual Installation & Services | 6/29/15 | $190,991 |
Elliott & Associates Architectural Services | 6/29/15 | $384,464 |
Lingo Construction Construction General Contractor | 6/29/15 | $5,296,517 |
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 | $20,072,988 |
| Noncash contributions included in lines 1a–1f | $6,040,415 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,072,988 |
| Total Program Service Revenue | $60,636 |
| Investment income | $1,285,520 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,213,417 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,644,873 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,332,529 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $47,224 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $223,661 |
| Fees for services: Other | $51,337 |
| Advertising and promotion | $989 |
| Office expenses | $252,008 |
| Information technology | $58,327 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,270 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $198,796 |
| Interest | $1,084 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,839 |
| Insurance | $7,926 |
| All other expenses | $0 |
| Total functional expenses | $11,304,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $623,498 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,374,703 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $425,970 |
| Investments—publicly traded securities | $51,864,421 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $305,430 |
| Total assets | $57,594,022 |
| Accounts payable and accrued expenses | $1,660,269 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $256,828 |
| Escrow or custodial account liability | $2,315,076 |
| 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 | $4,232,173 |
| Net assets without donor restrictions | $13,020,656 |
| Net assets with donor restrictions | $40,341,193 |
| 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 | $57,594,022 |
Grants Awarded
Over the last fiscal year, University Of Central Oklahoma Fdn has awarded $10,332,529 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CENTRAL OKLAHOMA PURPOSE: UNIVERSITY SUPPORT | $8,740,144 |
UNIVERSITY OF CENTRAL OKLAHOMA PURPOSE: SCHOLARSHIPS | $1,592,385 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of Central Oklahoma Fdn has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Conklin Family Foundation Stigler, OK PURPOSE: SCHOLARSHIP | $1,500 |
Endowment Analysis
| Beg. Balance | $39,358,150 |
| Earnings | -$4,834,883 |
| Net Contributions | $1,859,374 |
| Grants | $1,551,994 |
| Ending Balance | $34,830,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-America Nazarene University Olathe, KS | $55,334,319 | $63,656,687 |
Friends University Wichita, KS | $113,219,146 | $51,050,337 |
Southwest Baptist University Bolivar, MO | $91,333,460 | $47,144,070 |
University Of The Ozarks Clarksville, AR | $205,934,945 | $43,250,374 |
Wichita State University Foundation Wichita, KS | $377,844,366 | $48,848,227 |
University Of Kansas Memorial Lawrence, KS | $26,943,334 | $29,194,763 |
The American University Of Paris Inc Denver, CO | $83,974,222 | $36,441,184 |
Howard Payne University Brownwood, TX | $111,822,248 | $40,380,501 |
Avila University Kansas City, MO | $56,973,117 | $33,325,406 |
William Woods University Fulton, MO | $56,759,529 | $36,189,763 |
Kansas Wesleyan University Salina, KS | $58,027,272 | $34,731,060 |
Naropa University Boulder, CO | $34,704,482 | $31,100,655 |