2015-12-17T17:01:35-06:00 2015-04-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2014-05-01 730739626 Oral Roberts University ORAL 9184956203 7777 South Lewis Tulsa OK 74171 Neal Stenzel CFO 9184956203 2015-12-17 1 David C Moja P00747006 7195286225 2014 2016-03-07 17:11:31Z William M Wilson 7777 South Lewis Tulsa OK 74171 136554445 0 X www.oru.edu X 1963 OK To educate the whole person in spirit, mind, and body. 28 28 2256 112 -111411 -1741823 31028115 28884775 90041649 92523073 788208 774033 -741313 -1195778 121116659 120986103 29591081 31021473 0 0 40976941 43127777 133680 140033 2500670 43665204 46192537 114366906 120481820 6749753 504283 199262341 201316828 36233547 37916435 163028794 163400393 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 69346413 30736233 65958528 Instruction and Academic Support - Instruct and provide academic support to the approximately 3,400 students.Student Services, Scholarships, and Grants - Ease the administrative and financial burden of students' education. 20060040 2210 21321700 Auxiliary Enterprises - Provide room and board and other auxiliary service to the student resident population. 4388809 283030 848334 Public Service - Facilitate weekly community outreach, annual domestic and international mission trips, and other public service opportunities. 2136711 3324663 Golden Eagle Broadcasting America - 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. 216086 Research - Conduct biomedical, academic, and other related research. 2352797 3324663 96148059 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 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 4347 0 1 2256 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK AK CO FL KY MD MI NH NY OR SC MA X Michelle McMillan 9184956203 7777 South Lewis Tulsa OK 74171 Rob Hoskins Chairman 10.00 X X 0 0 0 Mart Green Vice Chairman (part year) 16.00 X X 0 0 0 Dale Wilkerson Treasurer 5.00 X X 0 0 0 Glenda Payas Secretary 4.00 1.00 X X 0 0 0 Don Argue Trustee 4.00 X 0 0 0 Mary Banks Trustee 4.00 X 0 0 0 Bill Bartlett Trustee 6.00 X 0 0 0 Freddy Boswell Trustee (part year) 2.00 X 0 0 0 Michael Cardone III Trustee 4.00 X 0 0 0 Daniel DeLeon Trustee 4.00 X 0 0 0 Tessie DeVore Trustee 6.00 X 0 0 0 Hal Donaldson Trustee 5.00 X 0 0 0 Angela Evans Trustee 2.00 X 0 0 0 Douglas Fears Trustee 4.00 X 0 0 0 Rick Fenimore Trustee (part year) 4.00 2.00 X 0 0 0 Anthony Guida Trustee 2.00 X 0 0 0 Gordon Helm Trustee 2.00 X 0 0 0 Kay Hiramine Trustee 4.00 X 0 0 0 Al Hollingsworth Trustee 2.00 X 0 0 0 Scott Howard Trustee (part year) 3.00 X 0 0 0 Peter Kuzmic Trustee 2.00 X 0 0 0 Lynette Lewis Trustee 2.00 X 0 0 0 Ron Luce Trustee (part year) 4.00 X 0 0 0 Charles McKinney Trustee 6.00 X 0 0 0 Holly Moore Trustee 2.00 X 0 0 0 Eko Nugroho Trustee 1.00 X 0 0 0 Mike Rakes Trustee 6.00 X 0 0 0 David Ramirez Trustee 1.00 X 0 0 0 Matt Reardon Trustee 2.00 X 0 0 0 Russ Spittler Trustee 4.00 X 0 0 0 Mark Sterns Trustee 3.00 X 0 0 0 Vinson Synan Trustee 4.00 X 0 0 0 Gilberto Velez Trustee 2.00 X 0 0 0 Neal Stenzel Assistant Treasurer/CFO 40.00 X 184157 0 32485 William M Wilson President 40.00 X 272391 0 80389 Marian Baumgardner Assistant Secretary 40.00 X 78789 0 7046 R Michael Carter Athletic Director 40.00 X 276825 0 26307 Timothy Philley Chief Operating Officer 40.00 X 204083 0 10479 Kathaleen Reid-Martinez Provost/Chief Academic Officer 40.00 X 174438 0 22989 Hugh Ossie Mills VP of Strategic Initiatives 40.00 0.00 X 274580 0 50539 Scott Sutton Men's Head Basketball Coach 40.00 X 434908 0 29974 Nancy Brainard VP of Enrollment Management 40.00 X 132449 0 10311 Michael Mathews Chief Information Officer 40.00 X 166279 0 3631 Debra Sowell Professor of Mathematics 40.00 X 126710 0 3966 2325609 0 278116 12 0 1 0 Sodexo Inc 9801 Washingtonian Blvd Gaithersburg MD 20878 Food and Work Services 6654052 Novitex Enterprise Solutions 300 First Stanford Pl 2nd Floor W Stamford CT 06902 Management Staff Services 872537 Joined Inc 1900 Church Creek Rd Ste 300 Redding CA 96002 Online Student Recruitment 750000 Quest Elevator Inc 2488 E 81st StSte 365 Tulsa OK 74137 Elevator Service & Repair 583272 G4S Secure Solutions Inc 1395 University Blvd Jupiter FL 33458 Security 482432 34 1583 35556 822301 1313634 26711701 144682 28884775 Tuition 611600 62704079 62704079 Auxiliary Services 541900 21993716 20729426 1264290 GEB America 900099 3324663 3324663 Fees 611600 2772300 2772300 Other Program Services 900099 1728315 1728315 92523073 598097 598097 23799 23799 8518002 40000 10002002 10277 -1484000 29723 -1454277 -1454277 5675989 4682 5167444 337291 508545 -332609 175936 175936 13010 35556 51328 -38318 -38318 Miscellaneous Income 611600 273018 194442 78576 273018 120986103 91453225 -111411 759514 50806 50806 30737733 30737733 232934 232934 1430184 521382 908802 54107 54107 33757282 26793163 6149973 814146 580516 467579 101056 11881 5018615 3710783 1140050 167782 2287073 1776495 456196 54382 272023 3925 268098 154707 154707 450 197 253 140033 140033 63576 63576 8542731 5368151 2911581 262999 2025172 1592325 345399 87448 3203509 2159451 965884 78174 506677 204241 285408 17028 10685371 7770393 2605825 309153 3527328 3159628 210856 156844 466312 219609 89118 157585 273568 18 273550 136054 90446 45608 6552966 4243138 2070209 239619 893845 361945 531900 Cost of Food Sales 5566222 5566222 Bad Debt Expense 1865878 113851 1752027 Student Aid Program Cos 751077 751077 Miscellaneous Expense 457933 98483 359028 422 247138 154084 89880 3174 120481820 96148059 21833091 2500670 381875 1355248 35170939 30874251 3124128 4851589 4565913 5120672 23374170 22564270 1865268 1754257 335930709 223819194 114758214 112111515 10912743 17834507 5109091 4850519 199262341 201316828 11905926 12214037 2468021 3823943 4187 5298 0 21855413 21873157 36233547 37916435 X 90164624 87415014 31737466 34631824 41126704 41353555 163028794 163400393 199262341 201316828 504283 -132684 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 450 450 0 Part II-B, Line 1: The University paid member dues to certain organizations who spent a portion of member dues on lobbying. 23400 1437066 X X X 0 0 1 X 41126704 62242 2060870 823520 1036751 35990 41353555 40490533 411616 2267123 851081 1157136 34351 41126704 40115858 131132 2306498 849494 1213461 40490533 39770476 202339 2016763 756991 1089675 27054 40115858 39458381 231148 1771664 857147 833570 39770476 0.00350 0.99650 0 1 1 2815144 483007 3298151 109583668 128458336 158376132 79665872 28676807 41020070 47704822 21992055 24893677 17738240 7155437 112111515 Obligations under split-interest agreements 1721864 Perkins Loan Liability 20151293 21873157 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 - $348,359 College of Theology - $2,333,328 College of Education - $597,211 College of Arts and Sciences - $1,350,144 College of Nursing - $21,658,556 Scholarships - $10,397,963 General Activities of the University - $4,667,994 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 the Health Resources and Services Administration and state grant funds from the Oklahoma State Regents for Higher Education. 1 Central America and the Caribbean 0 0 Program Services Recruiting 798 Central America and the Caribbean 0 0 Program Services Athletics 27393 Central America and the Caribbean 0 0 Program Services Public Service 34067 Central America and the Caribbean 0 0 Grants to recipients located in region 168391 East Asia and the Pacific 0 0 Program Services Recruiting 19060 East Asia and the Pacific 0 0 Program Services Research 1885 East Asia and the Pacific 0 0 Program Services Public Service 90174 East Asia and the Pacific 0 0 Grants to recipients located in region 11200 Europe (Including Iceland & Greenland) 0 0 Program Services Academic Support 16254 Europe (Including Iceland & Greenland) 0 0 Conferences/seminars 2241 Europe (Including Iceland & Greenland) 0 0 Program Services Recruiting 3451 Europe (Including Iceland & Greenland) 0 0 Program Services Instruction 1642 Europe (Including Iceland & Greenland) 0 0 Program Services Public Service 41217 Europe (Including Iceland & Greenland) 0 0 Grants to recipients located in region 7800 Middle East and North Africa 0 0 Conferences/seminars 4417 Middle East and North Africa 0 0 Program Services Instruction 2188 Middle East and North Africa 0 0 Program Services Public Service 64980 Middle East and North Africa 0 0 Grants to recipients located in region 5032 North America 0 0 Program Services Academic Support 3617 North America 0 0 Conferences/seminars 14346 North America 0 0 Program Services Public Service 4606 North America 0 0 Grants to recipients located in region 500 Russia and Neighboring States 0 0 Program Services Public Service 21880 South America 0 0 Program Services Public Service 40459 South America 0 0 Conferences/seminars 2147 South America 0 0 Program Services Recruiting 3602 South Asia 0 0 Conferences/seminars 932 South Asia 0 0 Program Services Public Service 41040 South Asia 0 0 Program Services Recruiting 4922 South Asia 0 0 Grants to recipients located in region 10000 Sub-Saharan Africa 0 0 Conferences/seminars 657 Sub-Saharan Africa 0 0 Grants to recipients located in region 30011 Sub-Saharan Africa 0 0 Program Services Public Service 40779 0 0 0 0 0 0 352968 368720 721688 Central America and the Caribbean Ministry support 150000 Check Middle East and North Africa Pastoral training 5032 Check Europe (Including Iceland & Greenland) Ministry networking 7800 ACH payment Sub-Saharan Africa Church building 5011 ACH payment 4 0 0 0 0 0 0 0 Part I, Line 2: The ORU Mission's Committee meets and approves of projects and numbers them according to their urgency of completion. A Mission's Project Proposal is submitted when funds have been collected to disburse the pledged amount to the mission's 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, newsletters, and video testimonials. The administrative liaison reports this information back to the ORU Missions Committee. Part I, line 3: Foreign expenditures are based on travel expense reports and international credit card transactions. X X X X X X X 1 The Timothy Group Inc 1663 Sutherland Dr SE Grand Rapids MI 495084904 Fundraising consulting 0 951904 110863 841041 BBS & Associates 130 Springside Dr Ste 200 Akron OH 443334543 Fundraising consulting 0 322461 20245 302216 Make Your Life Epic 1609 S Boston Ave Ste 200 Tulsa OK 74119 Fundraising consulting 0 12081 8925 2217 1286446 140033 1145474 AL AZ AR CA CO CT FL GA HI IL KS KY LA ME MA MI MN MS MO NH NJ NM NY NC ND OK OR PA RI SC TN UT VA WA WV WI AK OH MD Homecoming Banquet 48566 35556 13010 3805 29179 2859 15485 48566 35556 13010 3805 29179 2859 15485 51328 -38318 1 Tulsa Metro Chamber Two West Second St Ste 150 Tulsa OK 74103 730488250 501 (c) 6 25800 Community Participation 1 Scholarships/Fellowships 2860 30736233 Benevolence (support of widows) 2 1500 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 0 0 0 0 0 0 0 0 0 Neal Stenzel Assistant Treasurer/CFO 181959 0 0 0 2198 0 1856 0 31092 0 217105 0 0 0 William M Wilson President 253903 0 0 0 18488 0 5250 0 75591 0 353232 0 0 0 R Michael Carter Athletic Director 220031 0 50000 0 6794 0 6930 0 19615 0 303370 0 0 0 Timothy Philley Chief Operating Officer 197960 0 0 0 6123 0 6031 0 7758 0 217872 0 0 0 Kathaleen Reid-Martinez Provost/Chief Academic Officer 161359 0 0 0 13079 0 0 0 23227 0 197665 0 0 0 Hugh Ossie Mills VP of Strategic Initiatives 237224 0 0 0 37356 0 7200 0 46353 0 328133 0 0 0 Scott Sutton Men's Head Basketball Coach 423013 0 0 0 11895 0 7800 0 22412 0 465120 0 0 0 Michael Mathews Chief Information Officer 106786 0 50000 0 9493 0 0 0 8349 0 174628 0 0 0 Part I, Line 1a Airfare totaling $7,302 was provided to companions of trustees as a taxable benefit. The recipients of this benefit were Don Argue, Mary Banks, Tessie DeVore, Douglas Fears, Rick Fenimore, Anthony Guida, Kay Hiramine, Rob Hoskins, Peter Kuzmic, Charles McKinney, Glenda Payas, Mike Rakes, Matt Rearden, Russ Spittler, Mark Sterns, Vinson Synan, Gilberto Velez. The University grossed up compensation and related taxes for $35 gift cards provided to the following persons: R. Michael Carter, Neal Stenzel, Timothy Philley, Hugh Ossie Mills, Kathaleen Reid-Martinez, Scott Sutton, and Michael Matthews. William M. Wilson received a nontaxable ministerial housing allowance of $74,987. Kathaleen Reid-Martinez received a noncash taxable housing benefit of $9,163. Hugh Ossie Mills received a noncash taxable housing benefit of $7,458, a taxable cash stipend of $12,600 for business travel usage, and taxable travel expenses for his spouse in the amount of $5,641. R. Michael Carter received taxable meals for his spouse in the amount of $268. Michael Mathews received a noncash taxable housing benefit of $9,493. 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. Lisa Wilson Family member of William M. Wilson, President 54107 Employee compensation set by a board committee 0 X 1 23400 Appraisal X 4 121282 FMV - Exchange Price 0 0 1 0 Part I, Column (b): The number of contributions represents the number of unique contributions received. Form 990, Part VI, Section B, line 11 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. 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 Early Learning Center 7777 S Lewis Ave Tulsa OK 74171 731274772 Daycare OK 501(c)(3) Line 6 0 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 9 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 9 0 Tower Realty Group Inc 7777 S Lewis Ave Tulsa OK 74171 731520958 Property Managment OK Oral Roberts University C 1.00000 1 University Broadcasting Inc 7777 S Lewis Ave Tulsa OK 74171 731493165 TV Broadcasting OK Oral Roberts University C 653337 274200 1.00000 1 August Promotions Inc 7777 S Lewis Ave Tulsa OK 74171 731507872 Event Promoter OK Oral Roberts University C 1.00000 1 Mabee Center Productions Inc 7777 S Lewis Ave Tulsa OK 74171 731507871 Service 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 (8) Investment OK Oral Roberts University T 0 1 0 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 University Broadcasting Inc A 78576 FMV University Broadcasting Inc J 7744 FMV University Broadcasting Inc L 125427 FMV University Broadcasting Inc M 136053 FMV University Broadcasting Inc Q 97228 FMV Oral Roberts University eAcademy N Oral Roberts University Educational Fellowship N