2011-05-23T14:39:33-05:00 2010-07-31 Capin Crouse LLP 972 Emerson Parkway Suite A Greenwood IN 46143 990 2009-08-01 730579264 Oklahoma Baptist University OKLA 4052752850 500 W University Box 61207 Shawnee OK 74804 Randy Smith 4052752850 2011-05-23 1 Dave Moja 3178852620 2009 2016-02-24 21:20:13Z Dr David W Whitlock 500 W University Box 61207 Shawnee OK 74804 53894252 0 X www.okbu.edu X 1910 OK A Christian Liberal Arts University 33 33 1315 41 0 0 15831361 9784201 30655984 34390199 4664591 3472648 1535866 626235 52687802 48273283 10937305 12869793 0 16927520 16867412 19492 29492 1141710 13794133 14161641 41678450 43928338 11009352 4344945 159698791 162578095 18750979 17151211 140947812 145426884 As a Christian liberal arts university, Oklahoma Baptist University transforms lives by equipping students to pursue academic excellence, integrate faith with all areas of knowledge, engage a diverse world and live worthy of the high calling of God in Christ. 0 0 20549959 12869793 26905730 Academic Instruction (Tuition & Fees) - Oklahoma Baptist University offers 10 bachelor's degrees, one associate's degree and two graduate degrees. There are 84 undergraduate academic major fields of study, with pre-professional degrees in several areas. The academic offerings are operated through five schools and colleges: Arts and Sciences, Business, Christian Service, Fine Arts, and Nursing. The University's core curriculum integrates academic disciplines to provide a rigorous liberal arts education. Master's degrees are offered in business administration and nursing. The University's four-year graduation rate is among the highest in the region. 5855766 0 6176544 Auxiliary Enterprises- Oklahoma Baptist University operates residential facilities for approximately 1,150 of the University's approximately 1,800 enrolled students. Campus dining is provided through ARAMARK Dining Services. The University's bookstore is operated by Barnes and Noble College Bookstores. 5162171 0 0 Student Services - Oklahoma Baptist University provides a range of services to students, including health services, career planning and placement, counseling, financial aid, athletic opportunities through 17 varsity sports, several junior varsity teams, an extensive intramural sports program, campus activities, a University Concert Series, and an array of Campus Ministry programs, including eight local ministry teams, and year-round international missions and service experiences. These services are tied to OBU's mission statement: As a Christian liberal arts university, OBU transforms lives by equipping students to pursue academic excellence, integrate faith with all areas of knowledge, engage a diverse world, and live worthy of the high calling of God in Christ. 6345349 0 1542454 Institutional support for all services provided to approximately 1,800 students. 6345349 1542454 37913245 1 1 0 0 0 0 0 0 1 1 1 1 1 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 1 97 0 1315 1 0 0 0 0 0 0 0 0 0 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X Lauri Fluke Controller 4058782020 500 W University Box 61207 Shawnee OK 74804 Stephen B Allen X 0 0 0 George Atkins X 0 0 0 Tony Barros X 0 0 0 Reagan Bradord Sr X 0 0 0 WL Brown X 0 0 0 Kevin Clarkson X 0 0 0 Greg Clifford X 0 0 0 Danny Frazee X 0 0 0 Blake Gideon X 0 0 0 Joe Gunn X 0 0 0 Scott Hamilton X 0 0 0 Bill J Horne Sr X 0 0 0 Anthony Jordan X 0 0 0 Ted Kersh X 0 0 0 Tony Lambert X 0 0 0 Ron Males X 0 0 0 Jeff Moore X 0 0 0 Cecilia Morris X 0 0 0 Scott Neighbors X 0 0 0 Michael D Rader X 0 0 0 Clyde Steelman Jr X 0 0 0 Jim Westmoreland X 0 0 0 Lloyd White X 0 0 0 James Wilder X 0 0 0 Jeanette Bradshaw X 0 0 0 Jeff Coody X 0 0 0 Alan Day X 0 0 0 Todd Fisher X 0 0 0 Bill Ford X 0 0 0 Henry Gold X 0 0 0 Danna Humphreys X 0 0 0 Don Scott X 0 0 0 Rusty Gunn X 0 0 0 Janice Berrong X 0 0 0 Ray Cripps X 0 0 0 Alton Fannin X 0 0 0 Lisa Fillmore X 0 0 0 Michael Gabbert X 0 0 0 Jim W Lee X 0 0 0 Scott Palmer X 0 0 0 Bruce Sanders X 0 0 0 Richard Streeter X 0 0 0 David W Whitlock 50.00 X 153001 0 71191 Randy L Smith 50.00 X 117174 0 14535 R Stanton Norman 50.00 X 77823 0 72190 347998 0 157916 2 0 1 0 Aramark Campus Services 500 W University Box 61701 Shawnee OK 74804 food/catering svcs 2103650 Aramark Facility Services 500 W University Box 61837 Shawnee OK 74804 custodial services 697931 AV-Interiors 3620 E I-240 Service Road Oklahoma City OK 73135 sound equip installation 452449 Royall & Company 1920 E Parham Road Richmond VA 23228 adm/recruit consult 353797 Xerox Capital Services LLC PO Box 660502 Dallas TX 75266 copy/mailroom svcs 222459 13 4710003 308694 4765504 1552382 9784201 Tuition 900099 24491850 24491850 Auxiliary-Hsng/Meals 721310 6176544 6176544 Fees 900099 2413880 2413880 Misc Educational Svcs 900099 1307925 1307925 34390199 3408809 30117 3378692 421823 421823 5268702 416106 5224531 396438 44171 19668 63839 63839 Other Income 900099 204412 204412 204412 48273283 34624728 0 3864354 12869793 12869793 394093 107294 226948 59851 13756941 11373130 1796457 587354 710761 566708 110177 33876 1147405 878184 206291 62930 858212 715191 112436 30585 64283 63966 317 24170 24170 63370 63370 29492 29492 874683 815329 34849 24505 312954 170835 142119 2461695 1533961 842291 85443 566506 77566 462387 26553 1418252 1188988 191446 37818 1080011 944305 68961 66745 691251 551864 87921 51466 599892 582251 17641 2089048 1766154 293353 29541 470629 452895 2500 15234 Food service 2256303 2256303 Custodial service 695578 695578 Equipment rent/maint 367822 320222 47600 Bad debt expense 87369 8869 78500 Equip, books, s/w 37825 37825 43928338 37913245 4873383 1141710 10921 10335 2456759 3214995 2297913 230857 1393098 1529889 15058 18801 184029 146777 92974073 35952292 56294143 57021781 5391460 1436535 16082801 12023058 1515245 1440569 74057364 85504498 159698791 162578095 5704783 5313594 449614 532883 10988988 9758486 1607594 1546248 18750979 17151211 X 46291252 50940295 19355296 16963159 75301264 77523430 140947812 145426884 159698791 162578095 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85329444 2099774 6790528 844907 1321614 1027042 91026183 96728627 8941122 -13451526 2372704 3677921 838154 85329444 0.03000 0.85000 0.12000 0 1 1 4421738 4421738 64506788 20904498 43602290 257482 257482 19928918 15047794 4881124 3859147 3859147 57021781 70663 F Church Building Loan Fund 9948014 F Mineral Interests 1318534 F Other Misc Investments 685847 F 12023058 Trusts administered by Southern Bapt Fdn 143711 Trusts administered by Presbyterian Fdn 9756 Wiley Trust 23456 Zoll Trust 716512 Toland Trust 1581326 Violet Sturgeon Minton Trust 85018 Trusts administered by Okc Comm Found 565541 Funds held in trust-Baptist Found of Ok 82379178 85504498 Funds held in trust for others 47208 Government advances refundable 827978 Asset retirement obligation 671062 1546248 48273283 43928338 4344945 5070883 -4936756 134127 4479072 42976537 5070883 5070883 37905654 10367629 10367629 48273283 33560709 0 33560709 10367629 10367629 43928338 Part V, Line 4: Description of Intended Use of Endowment Funds: Income from endowment funds is used to provide scholarships, instructional and academic support, funding for student loans, funding for faculty positions and faculty development as well as overall operational support for the University. Part X: Description of Uncertain Tax Positions Under FIN 48: On August 1, 2009, the University adopted the new provisions of the Income Tax topic of the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC). These provisions clarify the accounting for uncertainty in tax positions and prescribe guidance related to the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The tax benefit from an uncertain tax position is only recognized in the statement of financial position if the tax position is more likely than not to be sustained upon an examination, based on the technical merits of the position. Interest and penalties, if any, are included in expenses in the statement of activities. As of July 31, 2010, the University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Part XI, Line 8 - Other Adjustments: Supporting organization's assets reported on separate Form 990: -4936756. Part XII, Line 4b - Other Adjustments: Scholarships: 10367629. Part XIII, Line 4b - Other Adjustments: Scholarships: 10367629. 1 1 1 The University publicizes this policy in local newspapers and on the university's website. In addition, admissions counselors utilize promotion and recruiting procedures designed to inform and attract students from all racial segments within their recruiting territories. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 The University receives federal college work study funds and supplemental educational opportunity grant funds that are passed directly to students through these programs. 1 Middle East and North Africa 0 0 Program Services Student Trips 3220 South Asia 0 0 Program Services Student Trips 25003 East Asia and the Pacific 0 0 Program Services Student Trips 17213 South America 0 0 Program Services Student Trips 15572 North America 0 0 Program Services Student Trips 13263 Central America and the Caribbean 0 0 Program Services Student Trips 11669 Europe (Including Iceland & Greenland) 0 0 Program Services Student Trips 52524 0 0 138464 Method Used to Acccount for Expenditures: Schedule F, Part I, Line 3: Foreign expenditures are monies expended for mission or academic study trips outside the US. Expenditures are recorded based on actual out-of-pocket expenses while traveling outside the US using expense reports and other appropriate documentation. X X X X 1 Bentz Whaley Flessner Inc Development Assessment 0 0 19492 -19492 Cargill & Associates Fundraising Survey 0 0 10000 -10000 29492 -29492 OK 1 Scholarships 1615 12869793 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The University awards scholarships to individual students based upon financial need, scholastic ability and other criteria. X X 1 1 X X 0 0 0 0 0 0 0 0 0 David W Whitlock 151461 0 100 0 1440 0 9877 0 61314 0 224192 0 0 0 R Stanton Norman 76503 0 100 0 1220 0 5712 0 66478 0 150013 0 0 0 Part I, Line 1a The University owns a personal residence on the University campus in which the President is required to live. The benefit qualifies as non-taxable employer provided housing in accordance with the provisions of Internal Revenue Code Section 119. Because the property is owned by the University and on University grounds, maintenance is provided by the University. Various Relatives of officers Tuition assistance in accordance with University policy for all employees Amount $ 34680. X 5 1376382 Public Exchg X 1 176000 Appraisal 1 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): The number of contributions reported is the number of items contributed. Third Party Use: Part I, Line 32b: Non-cash contributions consist of publicly traded stocks and bonds and land. The University uses third-party brokers to facilitate the sales of these securities. Form 990, Part VI, Section B, line 11 The Form 990 is prepared by an independent CPA firm, then reviewed by the Finance Team and Audit Committee, before the return is made available to the whole board prior to its being submitted to the IRS. Form 990, Part VI, Section B, line 12c Officers, trustees, key employees and all employees with budgetary responsibility are required to submit conflict of interest disclosures annually. These forms are reviewed by management as well as the Audit Committee. Form 990, Part VI, Section B, line 15 The University participates in annual salary studies of various higher education associations and uses the studies to review appropriateness of officer and key employees salaries. The President has an annual review by the Board of Trustees that includes a performance review and comparison to average salaries of like institutions. The deliberations and decisions regarding executive compensation are documented in the board minutes. Form 990, Part VI, Section C, line 19 Currently, these types of documents are available upon request. The University is in the process of creating web pages for internet availability of compliance and voluntary disclosure documents. Form 990, Part XI, Line 2c Explanation of Reponsibility The organization has a committee that assumes responsibility for oversight of audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year. ForM 990, PART IV, LINE 7b Trustees approved by BGCO Oklahoma Baptist University was organized by action of the Baptist General Convention of Oklahoma. According to the University's bylaws, the BGCO has the power to remove (for cause) trustees and replace them. The Executive Director of the BGCO is a trustee on the University's board. Form 990 Part I and Part VI Number of Voting Board Members The number of voting board members reported on 990 Part I and 990 Part VI is less than the total number of board members listed on 990 Part VII. The is due to board members rolling off of the board during the tax year and being replaced by other members during the same tax year. No more than 33 board members served or voted at any time during the tax year. Tulsa Royalties Company 500 W University Box 61207 Shawnee OK 74804 736101744 Royalties OK 501(c)(3) 11(a) N/A Baptist General Convention of Oklahoma 3800 N May Ave Okla City OK 73112 730321888 Convention of Churches OK 501(c)(3) 1 N/A Baptist Foundation of Oklahoma 3800 N May Ave Okla City OK 73112 730623038 Church support services OK 501(c)(3) 1 N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 Tulsa Royalties Company C 1903250