2015-03-13T15:23:24-05:00 2014-04-30 363990892 Capin Crouse LLP 972 Emerson Parkway Suite A Greenwood IN 46143 990 2013-05-01 730739626 Oral Roberts University ORAL 9184956203 7777 South Lewis Tulsa OK 74171 Neal Stenzel Exec Vice Pres/CFO 9184956203 2015-03-13 1 David C Moja P00747006 3178852620 2013 2016-02-25 16:41:14Z William M Wilson 7777 South Lewis Tulsa OK 74171 136084483 0 X www.oru.edu X 1963 OK To educate the whole person in spirit, mind, and body. 33 33 2276 105 147491 -1477921 23473615 31028115 84198357 90041649 1218345 788208 3053484 -741313 111943801 121116659 28010642 29591081 0 0 39736200 40976941 43269 133680 3702970 43092164 43665204 110882275 114366906 1061526 6749753 189810835 199262341 33608096 36233547 156202739 163028794 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. 1 0 64613553 29381532 63902277 Instruction and Academic Support - Costs incurred to instruct and provide academic support to the approximately 3,400 students.Student Services, Scholarships, and Grants - Costs incurred to ease the administrative and financial burden of students' education. 21404120 4371 21852143 Auxiliary Enterprises - Costs incurred to provide room and board and other auxiliary service to the student resident population. 2582973 205178 2762 Public Service - Costs incurred to facilitate weekly community outreach, annual domestic and international mission trips, and other public service opportunities. 263819 0 0 Research - Costs incurred to conduct biomedical, academic, and other related research. 2228179 0 3449934 GEB 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. 2491998 0 3449934 91092644 1 1 0 1 0 0 0 1 1 1 1 0 0 0 1 1 0 1 1 1 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 4226 0 1 2276 1 1 1 0 0 0 0 1 1 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK AZ AK CO FL KY MD MI NH NY OH OR SC WA MA X Michelle McMillan 9184956203 7777 South Lewis Tulsa OK 74171 Rob Hoskins Chair (Vice Chair - Part Year) 7.00 X X 0 0 0 Mart Green Vice Chair (Chair - Part Year) 16.00 X X 0 0 0 Dale Wilkerson Treasurer 5.00 X X 0 0 0 Glenda Payas Secretary 2.00 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 3.00 X 0 0 0 Michael Cardone III Trustee 0.00 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 4.00 X 0 0 0 Angela Evans Trustee 0.00 X 0 0 0 Douglas Fears Trustee 3.00 X 0 0 0 Rick Fenimore Trustee 4.00 2.00 X 0 0 0 Anthony Guida Trustee 2.00 X 0 0 0 Gordon Helm Trustee 3.00 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 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 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 5.00 X 0 0 0 Mark Sterns Trustee 6.00 X 0 0 0 Vinson Synan Trustee 4.00 X 0 0 0 Gilberto Velez Trustee 2.00 X 0 0 0 Jacqueline Cardone Trustee (Part Year) 1.00 X 0 0 0 Kelli Hansbauer Trustee (Part Year) 0.00 X 0 0 0 Neal Stenzel Ass. Treas/EVP/CFO (Trustee - Part Year) 40.00 0.00 X X 78901 0 4078 Michelle Finley Assistant Treas./EVP/CFO (Part Year) 40.00 3.00 X 128857 0 19090 William M Wilson President 40.00 0.00 X 179946 0 45823 Mark Rutland President (Part Year) 40.00 0.00 X 196137 0 41497 Marian Baumgardner Assistant Secretary 40.00 0.00 X 78290 0 6357 R Michael Carter Athletic Director 40.00 X 289140 0 14190 Hugh Ossie Mills Exec VP of Univ Advancemen 38.00 2.00 X 279174 0 23151 Timothy Philley Exec VP of Operations 40.00 X 203031 0 9907 Scott Sutton Men's Head Basketball Coach 40.00 X 442391 0 16546 Nancy Brainard VP of Enrollment Managemen 40.00 X 131402 0 12887 Scott Higgins Sr. Assoc. Athletic Director 40.00 X 123545 0 7564 Zvjeldana Sirola Head Volleyball Coach 40.00 X 133506 0 6440 Misti Cussen Women's Head Basketball Coach 40.00 X 121149 0 3274 2385469 0 210804 11 0 1 0 Sodexo Incorporated 9801 Washingtonian Blvd Gaithersburg MD 20878 Food and Work Services 11942777 KeyLippert A Joint Venture 5415 S 125th East Ave Ste 201 Tulsa OK 74146 Construction 2530760 Western Waterproofing Co Inc 1535 E 6th St Tulsa OK 74120 Building Repairs 1662510 Quest Elevator Inc 2488 E 81st StSte 365 Tulsa OK 74137 Elevator Service & Repair 1038192 McIntosh Services Inc 8141 E 48th St Tulsa OK 74145 Construction 977579 32 825 65745 998194 2140916 27822435 120061 31028115 Tuition 611600 60812014 60812014 Auxiliary Services 541900 21672553 20443542 1229011 GEB America 900099 3449934 3449934 Fees 611600 2685627 2685627 Other Program Services 900099 1421521 1421521 90041649 389272 389272 31109 31109 8547027 9742769 -1195742 -1195742 -1195742 5524670 1000 5058875 67859 465795 -66859 398936 398936 12941 65745 98321 -85380 -85380 Miscellaneous Income 611600 508700 394478 114222 508700 121116659 89207116 147491 733937 65402 65402 29382032 29382032 143647 143647 1635407 520449 795350 319608 52105 39832 11191 1082 32097882 25210345 5670940 1216597 543993 428817 106067 9109 4460956 3100171 1358249 2536 2186598 1659529 466983 60086 302299 8853 293446 150901 150901 867 198 669 133680 133680 24572 24572 6136932 3114941 2322738 699253 1769443 1534205 169196 66042 3179327 2254484 898767 26076 315617 236171 67899 11547 16303736 11776731 3827928 699077 2812250 2422165 249375 140710 327657 192930 103896 30831 289822 7109 282713 295455 62991 154073 78391 3123029 1782879 1135511 204639 969128 334636 634492 Cost of Food Sales 5027984 5027984 Memberships 871415 810374 57335 3706 Bad Debt Expense 738995 209480 529515 Student Aid Program Cos 729238 729238 296537 37051 259486 114366906 91092644 19571292 3702970 30793306 35552814 986125 3124128 1927976 4565913 23120612 23374170 2063647 1865268 328223786 213465572 112988029 114758214 12482921 10912743 5448219 5109091 189810835 199262341 8596964 11905926 2924996 2468021 2659 4187 20203025 20040021 1880452 1815392 33608096 36233547 X 86787970 90164624 28924236 31737466 40490533 41126704 156202739 163028794 189810835 199262341 6749753 76302 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 1 867 867 0 Part II-B, Line 1: The University paid member dues to certain organizations who spent a portion of member dues on lobbying. 0 1413666 X X X 0 0 1 X 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 39188784 198670 1759563 857984 830652 39458381 0.00350 0.99650 0.00000 0 1 1 2815144 483007 3298151 104939306 127389978 148509286 83819998 28597446 39273346 45486905 22383887 24725559 19469381 5256178 114758214 Obligations under split-interest agreements 1815392 1815392 X 100977397 76302 -674379 -598077 101575474 2243 19538942 19541185 121116659 94151342 9671093 9671093 84480249 2243 29884414 29886657 114366906 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 - $336,101 College of Theology - $2,330,918 College of Education - $596,510 College of Arts and Sciences - $1,323,429 College of Nursing - $21,655,356 Scholarships - $10,366,447 General Activities of the University - $4,517,943 Part X, Line 2: ORU is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, except to the extent of unrelated business taxable income as defined by the Internal Revenue Code. Such taxable income has not been significant. Continued compliance with applicable tax regulations affords ORU the opportunity to maintain its tax-exempt status. Generally, ORU is no longer subject to examinations by the federal, state or local tax authorities for tax years before the fiscal year ending April 30, 2011. Part XI, Line 2d - Other Adjustments: Payments to Affiliates -295,455. Bad Debt Expense -208,927. Affiliate Activity included in financial statements -169,997. Part XI, Line 4b - Other Adjustments: Student aid netted with revenue per financial statements 29,380,032. Rental Expense -9,742,769. Special FR Event Direct Expense -98,321. Part XII, Line 2d - Other Adjustments: Rental expense 9,742,769. Affiliate activity included in financial statemens -169,997. Special Event Direct Expenses 98,321. Part XII, Line 4b - Other Adjustments: Student aid netted with revenue per financial statements 29,380,032. Payments to Affiliates 295,455. Bad Debt Expense 208,927. 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 - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program Services Recruiting 2137 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program Services Instruction 930 Central America and the Caribbean 0 0 Program Services Public Service 12727 Central America and the Caribbean 0 0 Program Services Professional Development 2778 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Grants to recipients located in region 33675 East Asia and the Pacific 0 0 Program Services Recruiting 435 East Asia and the Pacific 0 0 Program Services Academic Support 56810 East Asia and the Pacific 0 0 Program Services Public Service 28730 East Asia and the Pacific 0 0 Grants to recipients located in region Public Service 30020 Europe (Including Iceland & Greenland) 0 0 Program Services Recruiting 14987 Europe (Including Iceland & Greenland) 0 1 Program Services Instruction 9855 Europe (Including Iceland & Greenland) 0 0 Program Services Public Service 10762 Europe (Including Iceland & Greenland) 0 0 Grants to recipients located in region 10000 Middle East and North Africa Program Services Instruction 3550 Middle East and North Africa Program Services Public Service 109254 Middle East and North Africa Grants to recipients located in region 10682 North America 0 0 Program Services Athletics 448 North America 0 0 Program Services Public Service 5294 North America 0 0 Program Services Recruiting 1737 Russia and Neighboring States 0 0 Program Services Public Service 20324 South America 0 0 Program Services Public Service 23899 South America 0 0 Grants to recipients located in region 8000 South Asia 0 0 Program Services Public Service 24024 South Asia 0 0 Program Services Recruiting 14478 South Asia 0 0 Grants to recipients located in region 20450 Sub-Saharan Africa 0 0 Program Services Instruction 41468 Sub-Saharan Africa 0 0 Program Services Public Service 50051 Sub-Saharan Africa 0 0 Grants to recipients located in region 30820 0 0 0 1 0 1 138222 440103 578325 Central America and the Caribbean Mission facility fence 20000 Check East Asia and the Pacific Bible distribution 12500 Check East Asia and the Pacific Typhoon relief 6000 Check Middle East and North Africa Food distribution 7482 Check South America Ministerial housing 8000 Check 0 0 0 0 0 0 Part I, Line 2: The ORU Mission's Committee meets and approves of the project with the above selected criteria and numbers them 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 BBS & Associates 130 Springside Dr Ste 200 Akron OH 443334543 Fundraising consulting 0 2081721 72459 2009262 The FOCUS Group 521 A1A Beach Blvd St Augustine FL 32080 Fundraising consulting 0 0 61221 0 2081721 133680 2009262 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 Homecoming Banquet 78686 65745 12941 1300 11713 37799 3553 43956 78686 65745 12941 1300 11713 37799 3553 43956 98321 -85380 Schedule G Part I The fundraising campaign provided by The FOCUS Group did not occur during the fiscal year ended 4/30/14, therefore there are no gross receipts to report. 1 Tulsa Metro Chamber Two West Second St Ste 150 Tulsa OK 74103 730488250 501 (c) 6 30500 Community Participation Tulsa Area United Way PO Box 1859 Tulsa OK 74101 730580283 501 (c) 3 10000 Community Campaign The Wise Foundation 8177 S Harvard Ave Box 203 Tulsa OK 74137 463077129 501 (c) 3 6000 Burn survivor conference 2 1 Scholarships/Fellowships 2457 29380032 Benevolence (Medical care and support of widows) 2 2000 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 X 0 0 0 0 0 0 0 0 0 William M Wilson President 167531 0 0 0 12415 0 8077 0 37746 0 225769 0 0 0 Mark Rutland President (Part Year) 103566 0 50000 0 42571 0 0 0 41497 0 237634 0 0 0 R Michael Carter Athletic Director 227016 0 60000 0 2124 0 6930 0 7260 0 303330 0 0 0 Hugh Ossie Mills Exec VP of Univ Advancemen 256302 0 0 0 22872 0 7200 0 15951 0 302325 0 0 0 Timothy Philley Exec VP of Operations 199707 0 0 0 3324 0 5877 0 4030 0 212938 0 0 0 Scott Sutton Men's Head Basketball Coach 434991 0 5000 0 2400 0 7831 0 8715 0 458937 0 0 0 Part I, Line 1a Airfare in the amount of $6,356 was provided as a taxable benefit for the family of Head Basketball Coach Scott Sutton (a highly compensated employee). Airfare totaling $483 was provided to companions of trustees as a taxable benefit. The University grossed up compensation and related taxes for $35 gift cards provided to the following persons: Nancy Brainard, R. Michael Carter, Neal Stenzel, Tim Philley, Hugh O Mills, Zvjezdana Sirola, and Scott Higgins. President William Wilson received a nontaxable ministerial housing allowance of $37,494 and a noncash taxable housing benefit of $4,486. President Mark Rutland received a nontaxable ministerial housing allowance of $37,500. Hugh O. Mills received a noncash taxable housing benefit of $11,400 and a taxable cash stipend of $19,800 for business travel usage. 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. Family members of disqualified individuals 36095 Discounted Tuition Including Room/Board per University Policy Tuition & Room/Board Alison Rutland Family member of Mark Rutland, President 10244 Compensation and benefits 0 Lisa Wilson Family member William Wilson, President 41861 Compensation and benefits 0 X 21641 FMV - Similar Asset Sale X 5 75557 FMV - Exchange Price X Equipment 2 22863 FMV - Similar sales 0 0 1 0 Part I, Column (b): Number of contributions represents the number of unique contributions received. Form 990, Part III, line 2 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. Form 990, Part VI, Line 1 Although CFO, Neal Stenzel served as a trustee from April 2013 - July 2013, he was not compensated for his service as a trustee, and was not serving as a trustee on 4/30/2014. As a result he is not included in the count of voting members or independent voting members. 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 shall be conducted. The periodic reviews shall, 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 shall not be 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 shall be based upon data of comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. (3) There shall be 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 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 C 1.00000 0 University Broadcasting Inc 7777 S Lewis Ave Tulsa OK 74171 731493165 TV Broadcasting OK C 529692 263161 1.00000 0 August Promotions Inc 7777 S Lewis Ave Tulsa OK 74171 731507872 Event Promoter OK C 1.00000 0 Mabee Center Productions Inc 7777 S Lewis Ave Tulsa OK 74171 731507871 Service OK C 1.00000 0 Golden Eagle Communications 7777 S Lewis Ave Tulsa OK 74171 731507869 Service OK C 1.00000 0 ORM Services Inc 7777 S Lewis Ave Tulsa OK 74171 731477340 Management Services OK C 1.00000 0 Charitable Remainder Trusts Hold assets and remit income to the University OK Oral Roberts University 0 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 ORU Golden Eagle Club C 521502 FMV ORU Golden Eagle Club O 137451 FMV ORU Alumni Foundation C 476692 FMV ORU Alumni Foundation L 25000 FMV ORU Alumni Foundation Q 17292 FMV University Broadcasting Inc A 70966 FMV University Broadcasting Inc L 99032 FMV University Broadcasting Inc M 295455 FMV University Broadcasting Inc Q 112994