2018-02-20T13:46:42-06:00 2017-04-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2016-05-01 730739626 Oral Roberts University ORAL 9184956203 7777 South Lewis Tulsa OK 74171 Neal Stenzel CFO 9184956203 2018-02-20 1 David C Moja P00747006 7195286225 139.146.132.42 2018-02-20 12:46:22 MS P 51486FE2F4BF3A6B75BD3325BDC4EA3E15271DED CBA0F6840A018854BCF39F824BAE996D49B688EC 2016 2021-01-29 14:40:06Z William M Wilson 7777 South Lewis Tulsa OK 74171 137051188 0 X www.oru.edu X 1963 OK To educate the whole person in spirit, mind, and body. 26 25 2315 287 -492520 -2007052 23341480 21907030 95798801 102095644 331847 526793 -1777425 743875 117694703 125273342 32189371 37732662 0 0 44687244 47191499 72379 83551 2611512 47326946 48927272 124275940 133934984 -6581237 -8661642 196012823 188341114 39319319 39602576 156693504 148738538 X To educate the whole person in spirit, mind, and body, thereby preparing its graduates to be professionally competent servant-leaders who are spiritually alive, intellectually alert, physically disciplined, and socially adept. 0 0 81687723 37589191 75973659 Instruction and Academic Support - Instruct and provide academic support to the approximately 3,800 students.Student Services, Scholarships, and Grants - Ease the administrative and financial burden of students' education. 21853915 1000 23170533 Auxiliary Enterprises - Provide room and board and other auxiliary service to the student resident population. 3368325 142471 53281 Public Service - Costs incurred to facilitate weekly community outreach, annual domestic and international mission trips, and other public service opportunities. 2641190 3932820 Golden Eagle Broadcasting America - Costs to broadcast television programming that seeks to equip, empower, and educate through Spirit-Empowered Edu-tainment that will help viewers to live well - Spirit, Mind, and Body. 232260 Research - Costs incurred to conduct biomedical, academic, and other related research. 2873450 3932820 109783413 1 1 0 1 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 0 1 1 0 1 1 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 1 1 0 0 1 4666 0 1 2315 1 1 1 0 0 0 0 1 1 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL KY MD MA MI NH NY OK OR SC X Michelle McMillan 9184956203 7777 South Lewis Tulsa OK 74171 Rob Hoskins part year Chairman 12.00 X X 0 0 0 Mike Rakes Vice Chairman (part year); Chairman 6.00 X X 0 0 0 Holly Moore Trustee (part year); Vice Chair 3.00 1.00 X X 0 0 0 Dale Wilkerson part year Treasurer 5.00 X X 0 0 0 Tim Lyons Trustee (part year); Treasurer 2.00 X X 0 0 0 Brad Thomas Secretary 2.90 1.00 X X 0 0 0 Mary Banks part year Trustee 4.00 X 0 0 0 Robert Barron Trustee 1.40 X 0 0 0 Bill Bartlett Trustee 6.00 X 0 0 0 Camella Binkley Trustee 2.50 X 0 0 0 Dale Bronner Trustee 0.73 X 0 0 0 Gary Brown Trustee 1.00 X 0 0 0 Victor Cardenas Trustee 1.96 X 0 0 0 Michael Cardone III Trustee 4.00 X 0 0 0 Hugo Chan Trustee 1.00 X 0 0 0 David Daniels III Trustee 1.00 X 0 0 0 Daniel DeLeon Trustee 4.00 X 0 0 0 Tessie DeVore Trustee 6.00 X 0 0 0 Angela Evans Trustee 2.00 X 0 0 0 Michael Fletcher Trustee 5.00 X 0 0 0 Anthony Guida Jr Trustee 2.00 X 0 0 0 Gordon Helm Trustee 2.00 X 0 0 0 Al Hollingsworth part year Trustee 2.00 X 0 0 0 Peter Kuzmic Trustee 1.50 X 0 0 0 Charles McKinney part year Trustee 0.50 X 0 0 0 LaDonna Osborn Trustee 1.92 X 0 0 0 David Ramirez part year Trustee 1.00 X 0 0 0 Matt Reardon Trustee 2.00 1.00 X 0 0 0 Stephen Robinson Trustee 0.10 X 1000 0 0 Mark Sterns Trustee 6.00 X 0 0 0 Brian Stiller Trustee 1.38 X 0 0 0 Vinson Synan part year Trustee 4.00 X 33456 0 932 Gilberto Velez Trustee 2.00 X 0 0 0 William M Wilson President 40.00 X 281109 0 108732 Neal Stenzel Assistant Treasurer/CFO 40.00 X 198128 0 64131 Marian Baumgardner Assistant Secretary 40.00 X 80968 0 15070 Timothy Philley Chief Operating Officer 40.00 X 212122 0 10665 Scott Sutton Men's Head Basketball Coac 40.00 X 436640 0 18953 R Michael Carter Athletic Director 40.00 X 287848 0 15858 Hugh Ossie Mills VP Communications & Market 40.00 X 253446 0 24819 Laura Bishop VP of Development & Alumni Relations 40.00 X 183710 0 51489 Michael Mathews Chief Information Officer 40.00 X 146602 0 13430 2115029 0 324079 30 0 1 0 Sodexo Inc 9801 Washingtonian Blvd Gaithersburg MD 20878 Food and Work Services 6526108 Novitex Enterprise Solutions 300 First Stamford Pl Stamford CT 06902 Management Staff Services 832631 American Glass 4600 W 21st St Tulsa OK 74107 Repairs and Maintenance 580607 Quest Elevator Inc 2488 E 81st StSte 365 Tulsa OK 74137 Repairs and Maintenance 476261 Ellsworth Paving Company 747 N Utica Ave Tulsa OK 74110 Repairs and Maintenance 470423 24 168418 2583183 1252600 17902829 34976 21907030 Tuition 611600 71991056 71991056 Auxiliary Services 541900 21939734 20725070 1214664 GEB America 900099 3932820 3932820 Fees 611600 3639411 3639411 Other Program Services 900099 592623 592623 102095644 537302 537302 240183 240183 8379272 10162041 -1782769 -1782769 -1793504 10735 1527006 2307 1479799 60023 47207 -57716 -10509 -10509 26811 168418 75983 -49172 -49172 Insurance Recovery 900099 1652292 1652292 Miscellaneous Income 611600 683341 597021 86320 2335633 125273342 103130293 -492520 728539 54307 54307 37589091 37589091 89264 89264 1812300 651172 910991 250137 59596 59596 36678901 29196018 6663556 819327 530192 446880 78070 5242 5600248 4241371 1300291 58586 2510262 1936182 506330 67750 436764 9358 427406 145900 145900 1592 1380 200 12 83551 83551 62469 62469 13251637 3599046 9270199 382392 1411310 1141387 216172 53751 5765125 3162852 2519724 82549 2517447 386763 2128729 1955 2819134 1715 2817419 3576146 3183456 247118 145572 669093 561938 106979 176 232252 232252 81305 81056 249 9334500 1575183 7759317 874809 340269 534540 Cost of Food Sales 5308257 5308257 Bad Debt Expense 1442735 629642 813093 Student Aid Program Cos 603452 603452 Memberships 242561 140564 90779 11218 150784 14852810 -15351320 649294 133934984 109783413 21540059 2611512 394262 748881 28476078 26369278 3268184 906971 5168663 4722563 23503616 23944851 1618723 1327149 356325168 247772298 108554124 108552870 20294504 18283171 4734669 3485380 196012823 188341114 13088604 13758188 4439063 4314366 6095 10686 21785557 21519336 39319319 39602576 X 83802576 80220945 30994004 25538482 41896924 42979111 156693504 148738538 196012823 188341114 -8661642 716676 -10000 0 X X 0 1 X 1 1 1 X 23473615 31028115 28884775 23341480 21907030 128635015 23473615 31028115 28884775 23341480 21907030 128635015 128635015 10038503 8967408 9179898 9193598 9156757 46536164 451940 147491 599431 3688687 407419 207452 643764 2362444 7309766 183080376 464657524 0.70260 0.72700 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and qualifies to use the first listed special rule for Schedule B reporting. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1592 1592 0 Part II-B, Line 1: The University paid member dues to certain organizations who spent a portion of member dues on lobbying. 2061 1455868 X X X 0 0 1 X 41896924 949238 2407678 935984 1300433 38312 42979111 41353555 418866 1471938 695497 616258 35680 41896924 41126704 62242 2060870 823520 1036751 35990 41353555 40490533 411616 2267123 851081 1157136 34351 41126704 40115858 131132 2306498 849494 1213461 40490533 0.00340 0.99660 0 0 2815144 953305 3768449 116058846 135923509 175558185 76424170 29126129 45727774 52815423 22038480 25720461 19398690 6321771 108552870 Obligations under split-interest agreements 1343582 Perkins Loan Liability 20175754 21519336 X Part III, Line 4: Included in other assets the University maintains a rock and mineral colection located on campus. Educational tours are available to schools, community groups, and individuals. Part IV, Line 2b: The university maintains custodial liability accounts for several student activity clubs. Part V, Line 4: Earnings of the endowment funds are restricted to: College of Business - $482,107 College of Theology - $2,677,411 College of Education - $598,465 College of Arts and Sciences - $1,511,193 College of Nursing - $21,663,062 Scholarships - $10,734,612 General Activities of the University - $5,312,261 Total - $42,979,111 Part X, Line 2: ORU is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (the Code), except to the extent of unrelated business taxable income as defined by the Code. Such taxable income has not been significant. Continued compliance with applicable tax regulations affords ORU the opportunity to maintain its tax exempt status. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The university publishes its racially nondiscriminatory policy in the student admissions application, university catalog, and other recruiting brochures and media. Schedule E, Part I, Line 6 Oral Roberts University participates in the following US Department of Education student financial aid programs: Federal Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Work Study, and Direct Loan Programs. The university also receives federal grant funds from the National Science Foundation and state grant funds from the Oklahoma State Regents for Higher Education and the Oklahoma Center for the Advancement of Science and Technology. 1 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program Services Conferences/Seminars 868 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Fundraising 909 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program Services Public Service 50560 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program Services Recruiting 1182 Central America and the Caribbean 0 0 Grants to recipients located in region 20000 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Academic Support 39793 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Conferences/Seminars 19384 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Fundraising 4751 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Public Service 67719 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Recruiting 80899 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 0 Program Services Study Abroad 17666 East Asia and the Pacific 0 0 Grants to recipients located in region 6000 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program Services Academic Support 6556 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program Services Conferences/Seminars 206145 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Fundraising 3788 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program Services Public Service 94659 Europe (Including Iceland & Greenland) 0 0 Program Services Recruiting 17208 Europe (Including Iceland & Greenland) 0 0 Program Services Study Abroad 31023 Europe (Including Iceland & Greenland) 0 0 Grants to recipients located in region 22455 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 Program Services Conferences/Seminars 3998 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 Program Services Public Services 30644 Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt, 0 0 Program Services Recruiting 10000 Middle East and North Africa 0 0 Program Services Study Abroad 724 North America - Canada and Mexico, but not the United States 0 0 Program Services Academic Support 1383 North America - Canada and Mexico, but not the United States 0 0 Program Services Conferences/Seminars 4699 North America - Canada and Mexico, but not the United States 0 0 Fundraising 3291 North America - Canada and Mexico, but not the United States 0 0 Program Services Public Service 4085 North America - Canada and Mexico, but not the United States 0 0 Program Services Recruiting 11443 Russia and Neighboring States 0 0 Grants to recipients located in region 6000 Russia and Neighboring States 0 0 Program Services Conferences/Seminars 4782 South America - Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, 0 0 Program Services Academic Support 5055 South America 0 0 Program Services Conferences/Seminars 2701 South America 0 0 Program Services Public Service 66398 South America 0 0 Grants to recipients located in region 4990 South Asia 0 0 Program Services Public Service 42997 South Asia 0 0 Grants to recipients located in region 6600 Sub-Saharan Africa 0 0 Program Services Public Service 95860 Sub-Saharan Africa 0 0 Program Services Recruiting 11921 Sub-Saharan Africa 0 0 Program Services Study Abroad 26830 Sub-Saharan Africa 0 0 Program Services Student Services 943 Sub-Saharan Africa 0 0 Grants to recipients located in region 23219 0 0 0 0 0 0 137447 922681 1060128 Central America and the Caribbean Land for School/Community Center 20000 ACH payment Europe (Including Iceland & Greenland) Ministry Networking 11500 ACH payment Europe (Including Iceland & Greenland) Ministry Conference 10955 Wire transfer Russia and Neighboring States Ministry Travel Expenses 6000 ACH payment 4 0 0 0 0 0 0 0 Part I, Line 2: Ministries interested in having their project selected as an ORU missions project submit a Missions Project Proposal. The ORU Mission's Committee meets and approves of projects and numbers them according to their urgency of completion. Ministries are notified when funds have been collected to disburse the pledged amount to the missions project designation. Each ministry is required to send proof to the administrative liaison once the missions project is completed. This proof comes in forms such as photos and video testimonials. The administrative liaison reports this information back to the ORU Missions Committee. Part I, line 3: Expenditures are accounted for using the accrual method of accounting. X X X X X X X 1 The Timothy Group Inc 1663 Sutherland Dr SE Grand Rapids MI 495084904 Fundraising consulting 0 869057 10051 859006 Byron R Whisler 10850 Church Street 1203 Rancho Cuamonga CA 91730 Fundraising consulting 0 0 73500 -73500 869057 83551 785506 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Homecoming Banquet 167134 140323 26811 1150 28409 2300 34094 Gillen Dinner 28095 28095 1055 6731 200 2044 195229 168418 26811 2205 35140 2500 36138 75983 -49172 1 Tulsa Metro Chamber Two West Second St Ste 150 Tulsa OK 74103 730488250 501(c)(6) 26300 Community Participation 1 0 Scholarships/Fellowships 2625 37584691 Achievement Awards 11 4400 Part I, Line 2: The University makes occasional donations to charitable organizations which are not monitored beyond the original grant determination process. X X X X 1 1 X X X X 1 0 0 0 0 0 0 0 0 William M Wilson President 258395 0 1000 0 21714 0 29479 0 79561 0 390149 0 0 0 Neal Stenzel Assistant Treasurer/CFO 186742 0 406 0 10980 0 6176 0 58263 0 262567 0 0 0 Timothy Philley Chief Operating Officer 205310 0 410 0 6402 0 6009 0 4964 0 223095 0 0 0 Scott Sutton Men's Head Basketball Coac 423012 0 410 0 13218 0 7950 0 11311 0 455901 0 0 0 R Michael Carter Athletic Director 224650 0 55410 0 7788 0 7069 0 9097 0 304014 0 0 0 Hugh Ossie Mills VP Communications & Market 233970 0 410 0 19066 0 7344 0 17783 0 278573 0 0 0 Laura Bishop VP of Development & Alumni Relations 170658 0 406 0 12646 0 5420 0 46377 0 235507 0 0 0 Michael Mathews Chief Information Officer 146160 0 406 0 36 0 0 0 13738 0 160340 0 0 0 Part I, Line 1a President William Wilson received a nontaxable ministerial housing allowance of $78,749. VP Kathaleen Reid-Martinez received a nontaxable ministerial housing allowance of $50,000. Hugh O. Mills received a taxable travel expenses and meals for spouse in the amount of $3,567. Additional gross up of $1.67 fo taxable benefit of a jacket received, value of $52. VP R. Michael Carter received taxable travel expenses and meals for spouse in the amount of $2,088. Additional gross up of $3.61 for $150 gift card won at President's Retreat. Neal Stenzel received additional gross up of $1.54 for $35 gift card. Country club dues were paid on behalf of R. Michael Carter and Scott Sutton with the amounts determined to be for personal use included in their taxable compensation for the year. Airfare totaling $662 was provided to companions of trustees as a taxable benefit. The recipient of this benefit was Vinson Synan. Part I, Line 4a Scott Sutton, Men's Head Basketball Coach, received severance pay of $15,058. 48461 Scholarships Tuition discounts Lisa Wilson Family member of William M. Wilson, President 59596 Employee compensation set by a board committee 0 X 4 34726 FMV - Exchange Price X Art supplies 1 250 Comparable Cost 0 0 1 0 Part I, Column (b): The number of contributions reported is the number of contributions made, not the number of items contributed. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. It is the policy of Oral Roberts University that the Finance Committee will be responsible for the initial review of the Internal Revenue Service Form 990 that is to be filed on behalf of the Organization. Upon approval of the Finance Committee, the Form 990 shall be presented to the Board of Trustees along with a recommendation from the Finance Committee Chair for Board approval of the Form 990 for filing with the IRS. A Board resolution is not required in order for the Form 990 to be filed, provided that the Board's approval of the Form 990 for filing is in accordance with the requirements for action by the Board and is otherwise recorded in the minutes of the organization. Trustees may receive the Form 990 as hard copies (mailed or hand-delivered) or electronic files (sent via e-mail). Form 990, Part VI, Section B, line 12c Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a conflict of interest disclosure statement. To ensure the corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews are conducted. The periodic reviews at a minimum include the following subjects: (a) Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arms length bargaining, and (b) Whether partnerships, joint ventures, and arrangements with management foundations conform to the corporations's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 (1) The compensation of an individual employed in a position of Executive, Officer, or Key Employee is reviewed and approved by the Board of Trustees or its designated committee (Compensation/Human Relations). Persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in the compensation review and approval process. (2) The review and approval of compensation of the individual employed in the position of Executive, Officer, or Key Employee is be based upon data of comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. (3) There is contemporaneous documentation and recordkeeping with respect to the review and approval of compensation paid to individuals employed in positions of Executive, Officer, or Key Employee. Form 990, Part VI, Section C, line 19 Governing documents, policies, and financial statements are made available on the University's website. Form 990, Part XII, Line 2c: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year. Oral Roberts Univ Alumni Foundation 7777 S Lewis Ave Tulsa OK 74171 731346361 Promote Alumni Relations for ORU OK 501(c)(3) Line 7 0 ORU Golden Eagle Club 7777 S Lewis Ave Tulsa OK 74171 237164698 Support University Athletics OK 501(c)(3) Line 10 0 Oral Roberts University eAcademy 7777 S Lewis Ave Tulsa OK 74171 208195686 Online Christian Education OK 501(c)(3) Line 6 Oral Roberts University 0 Oral Roberts University Educational Fellowship 7777 S Lewis Ave Tulsa OK 74171 731310793 Christian School Networking OK 501(c)(3) Line 10 0 University Broadcasting Inc 7777 S Lewis Ave Tulsa OK 74171 731493165 TV Broadcasting OK Oral Roberts University C 758122 60090 1.00000 1 August Promotions Inc 7777 S Lewis Ave Tulsa OK 74171 731507872 Event Promoter OK Oral Roberts University C 1.00000 1 Golden Eagle Communications 7777 S Lewis Ave Tulsa OK 74171 731507869 Service OK Oral Roberts University C 1.00000 1 ORM Services Inc 7777 S Lewis Ave Tulsa OK 74171 731477340 Management Services OK Oral Roberts University C 1.00000 1 Charitable Remainder Trusts (7) Investment OK Oral Roberts University T 0 1 1 1 0 0 0 0 0 0 1 0 1 1 1 1 0 1 1 0 ORU Golden Eagle Club C ORU Golden Eagle Club L ORU Golden Eagle Club N ORU Golden Eagle Club O ORU Golden Eagle Club Q ORU Golden Eagle Club R ORU Alumni Foundation C ORU Alumni Foundation L ORU Alumni Foundation N ORU Alumni Foundation Q FMV University Broadcasting Inc A 86320 FMV University Broadcasting Inc J 86320 FMV University Broadcasting Inc L 71390 FMV University Broadcasting Inc M 81304 FMV University Broadcasting Inc N FMV University Broadcasting Inc O 100918 FMV University Broadcasting Inc Q 133041 FMV Oral Roberts University Educational Fellowship N FMV Schedule R, Part IV August Promotions, Inc., Golden Eagle Communications, and ORM Services were all dissolved during the fiscal year.