2013-10-14T07:57:23-05:00 2011-06-30 KELLER & OWENS LLC 10955 LOWELL AVE STE 800 OVERLAND PARK KS 66210 990 2010-07-01 736085616 OKLAHOMA WESLEYAN UNIVERSITY OKLA 9183356243 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 DR EVERETT PIPER 9183356243 2013-10-08 1 GREGORY D OWENS 9133383500 2010 2016-02-25 16:41:14Z DR EVERETT PIPER 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 23668645 0 X WWW.OKWU.EDU X 1959 OK CHRISTIAN EDUCATION OF STUDENTS 34 34 507 50 0 0 2583669 2813495 15185849 17599092 279586 264778 150217 181105 18199321 20858470 2839157 4219991 0 0 7275056 7886359 0 0 821802 6944938 7544439 17059151 19650789 1140170 1207681 25742681 25401525 4034305 2222415 21708376 23179110 X AS AN EVANGELICAL CHRISTIAN UNIVERSITY OF THE WESLEYAN CHURCH, OKLAHOMA WESLEYAN UNIVERSITY MODELS A WAY OF THOUGHT, A WAY OF LIFE, AND A WAY OF FAITH. IT IS A PLACE OF SERIOUS STUDY, HONEST QUESTIONS, AND CRITICAL ENGAGEMENT, ALL IN THE CONTEXT OF A LIBERAL ARTS COMMUNITY THAT HONORS THE PRIMACY OF JESUS CHRIST, THE PRIORITY OF SCRIPTURE, THE PURSUIT OF TRUTH, AND THE PRACTICE OF WISDOM. 0 0 17467365 4219991 17764285 THE UNIVERSITY EDUCATED 1,171 STUDENTS IN THE FALL SEMESTER, AND 1,069 STUDENTS IN THE SPRING SEMESTER. 17467365 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 42 0 507 1 0 0 0 0 0 0 0 0 0 1 0 X 34 34 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 OK X THE ORGANIZATION 9183356243 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 MR DARRELL ALLISON 1.00 X 0 0 0 DR STEPHEN BABBY 1.00 X 0 0 0 MR DAYNA BEAL 1.00 X 0 0 0 DR ROBERT BINGAMAN 1.00 X 0 0 0 MRS MARTHA BLACKBURN 1.00 X 0 0 0 DR ROBERT CAMPBELL 1.00 X 0 0 0 REV EDGAR CHACON 1.00 X 0 0 0 DR CB COLAW 1.00 X 0 0 0 REV MAX COLAW 1.00 X 0 0 0 MR STEPHEN COLAW 1.00 X 0 0 0 MR DIRK DOZIER 1.00 X 0 0 0 DR JIM DUNN 1.00 X 0 0 0 MR OSCAR FRANK 1.00 X 0 0 0 REV MARK FUHR 1.00 X 0 0 0 DR JIM GARLOW 1.00 X 0 0 0 MR FRAN GONZALEZ 1.00 X 0 0 0 REV PHIL HARRIS 1.00 X X 0 0 0 DR TOM HARRISON 1.00 X 0 0 0 GALE MORGAN KANE 1.00 X 0 0 0 DR KERRY KIND 1.00 X 0 0 0 MR WARD KOESER 1.00 X 0 0 0 MR WARREN LITTLE 1.00 X 0 0 0 REV KEITH LOY 1.00 X 0 0 0 DR JO ANNE LYON 1.00 X 0 0 0 MR ROGER METCALF 1.00 X X 0 0 0 MR CALVIN MUELLER 1.00 X 0 0 0 MR DUANE MUELLER 1.00 X 0 0 0 MRS NAOMI MUELLER 1.00 X 0 0 0 REV DWIGHT NASH 1.00 X 0 0 0 DR JOAN PHILLIPPE 1.00 X 0 0 0 REV TIM PURCELL 1.00 X 0 0 0 MS MARLA ROSELAND 1.00 X 0 0 0 REV ED ROTZ 1.00 X 0 0 0 MR ROGER SKELLY 1.00 X 0 0 0 REV ISAAC SMITH 1.00 X 0 0 0 REV WES SMITH 1.00 X 0 0 0 MR STEVE STEDWELL 1.00 X 0 0 0 MR ROB SWAGGER 1.00 X 0 0 0 MR DON WALKER 1.00 X 0 0 0 8 1.00 X 0 0 0 DR EVERETT PIPER 40.00 X 208090 0 36727 KYLE WHITE 40.00 X 95671 0 19863 BRETT ANDREWS 40.00 X 100057 0 23887 RANDALL THOMPSON 40.00 X 67928 0 16563 JAMES GOINGS 40.00 X 91595 0 10782 PAULITA BROOKER 40.00 X 87636 0 16921 DR ROBERT MYERS 40.00 X 119196 0 23878 JOHN MEANS 40.00 X 101408 0 12457 871581 0 161078 4 0 1 0 PIONEER COLLEGE CATERS 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 CAMPUS FOOD SERVICE 796682 FOUNDERS 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 CAMPUS BOOKSTORE 515376 SPENCER MANAGEMENT 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 MAINTENANCE 473262 3 1052310 157003 1604182 249438 2813495 TUITION AND FEES 611310 15544431 15544431 ROOM & BOARD FEES 611310 1992857 1992857 OTHER FEES 611310 51399 51399 CONFERENCE REVENUE 611310 10405 10405 17599092 145312 145312 12093 12093 48179 48179 48179 48179 2929537 104 2810175 119362 104 119466 119466 30749 30749 30749 BAD DEBT RECOVERY 900099 54032 54032 MISCELLANEOUS 900099 32233 32233 ACTUARIAL ADJUSTMENT 900099 3819 3819 90084 20858470 17764285 0 280690 4219991 4219991 1183130 390381 521248 271501 5208478 4961418 170122 76938 186620 170511 10278 5831 898688 833069 46043 19576 409443 348865 39938 20640 30676 30676 14522 14522 673746 595939 75827 1980 964667 964667 1080741 732979 172818 174944 124295 62798 55828 5669 1160256 1065131 48196 46929 664516 458210 67363 138943 28235 26255 1872 108 93163 87573 5590 967236 889858 38689 38689 162206 115571 39991 6644 INSTRUCTIONAL EXP AND S 593041 569110 19942 3989 STUDENT FOOD SERVICE 558499 558499 BAD DEBT EXPENSE 289000 289000 DUES AND SUBSCRIPTIONS 120514 108596 2511 9407 TRUST PAYMENTS 17303 17303 1823 1641 168 14 19650789 17467365 1361622 821802 X 24662 14797 2466 7399 15021 1496859 1463632 417308 200000 1057907 890040 790228 766925 37091 34226 89435 154636 30746265 11808976 18812430 18937289 2446611 2379724 579791 575053 25742681 25401525 1125969 1069201 444927 152238 1719615 261173 743794 739803 4034305 2222415 X 17608294 18168997 1304993 1875186 2795089 3134927 21708376 23179110 25742681 25401525 X 1207681 263053 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2967263 306827 451805 79933 3645962 0.01800 0.85980 0.12220 0 0 660422 660422 22734090 6613446 16120644 6807124 4808478 1998646 544629 387052 157577 18937289 DEPOSITS HELD 116784 ANNUITIES PAYABLE 41638 CHARITABLE TRUST LIABILITY 47764 U.S. GRANTS REFUNDABLE 533617 739803 20858470 19650789 1207681 263053 263053 1470734 17179058 263053 263053 16916005 13355 3929110 3942465 20858470 15708324 0 15708324 13355 3929110 3942465 19650789 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO BE USED FOR VARIOUS PURPOSES TO ADVANCE CHRISTIAN EDUCATION AND TO AID THE UNIVERSITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE UNIVERSITY HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10 ACCOUNTING FOR UNCERTAIN INCOME TAX POSITIONS AS IT MIGHT APPLY TO FINANCIAL TRANSACTIONS. THE UNIVERSITY'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION THAT IS BENEFICIAL, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO THE TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2011 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 3,917,908. TRUST PAYMENTS 11,202. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 3,917,908. TRUST PAYMENTS 11,202. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 THE ORGANIZATION PARTICIPATES IN GOVERNMENT GRANT AND LOAN PROGRAMS FOR STUDENTS. 1 SCHOLARSHIPS 485 4219991 FMV TUITION REDUCTION. X X X X 0 0 0 0 0 0 0 0 0 DR EVERETT PIPER 208090 0 0 0 0 0 22988 0 13739 0 244817 0 0 0 X 1 14760 KELLEY BLUE BLOOK X 2 234678 FAIR MARKET VALUE 0 0 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION USES A STOCK BROKER TO SELL DONATED STOCKS. FORM 990, PART VI, SECTION A, LINE 2 STEPHEN COLAW AND MAX COLAW HAVE A FAMILY RELATIONSHIP. VERLA POWERS AND DON WALKER HAVE A FAMILY RELATIONSHIP. WES SMITH AND ISAAC SMITH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY BOTH THE DIRECTOR OF BUSINESS AFFAIRS AND THE VICE PRESIDENT FOR BUSINESS AFFAIRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES DIRECTORS WITH A CONFLICT OF INTEREST TO RECUSE THEMSELVES FROM ANY DISCUSSION OR DECISION MAKING RELATED TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS COMPARED WITH OTHER COLLEGES AND UNIVERSITIES IN THE REGION AS WELL AS OTHER WESLEYAN UNIVERSITIES. COMPENSATION FOR LOWER LEVELS IS REVIEWED BY SENIOR MANAGEMENT. COMPENSATION FOR SENIOR MANAGEMENT IS REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 263,053. OWL MANAGEMENT LLC 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 264412099 LIBRARY FUNDING OK -559 0 OKLAHOMA WESLEYAN UNIVERSITY OWL INVESTMENT FUND LLC 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 262635467 LIBRARY FUNDING OK -204049 4880626 OKLAHOMA WESLEYAN UNIVERSITY THE WESLEYAN CHURCH PO BOX 50434 INDIANAPOLIS IN 46250 351148762 CHURCH IN 501(C)(3) LINE 1 N/A 0 BARTLESVILLE WESLEYAN COLLEGE ENDOWMENT FOUNDATION 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 731243462 SUPPORTS THIS ORGANIZATION, OKLAHOMA WESLEYAN UNIVERSITY OK 501(C)(3) LINE 11A, I N/A 0 OKLAHOMA WESLEYAN LIBRARY LLC 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 262635399 LIBRARY FUNDING OK OKLAHOMA WESLEYAN UNIVERSITY RELATED -136398 3661295 1 1 0.69240 METAMARKETS OK LLC 2225 N MAY AVE OKLAHOMA CITY OK 73017 731654139 LIBRARY FUNDING OK N/A OWL INVESTMENT FUND LLC 2201 SILVER LAKE ROAD BARTLESVILLE OK 74006 262635467 LIBRARY FUNDING OK N/A 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OWL INVESTMENT FUND LLC B 89000 CASH