Oklahoma Baptist University
87% goes to programs $18 to raise $100 Strong reserves
Oklahoma Baptist University is a 501(c)(3) organization based in Shawnee, Oklahoma, registered in 1956, with $76,025,660 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
500 W University St, Shawnee, OK, 74804 EIN 73-0579264 Since 1956
Revenue (FY2024)
$76.0M
▼ 21.3% vs prior year
Education median: $200K
Expenses (FY2024)
$78.9M
Net assets
$309.4M
Employees
1,016
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $18 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Oklahoma Baptist University: 87% to programs · $18 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating47 mo reserves · -4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Oklahoma Baptist University: 47 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Oklahoma Baptist University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Oklahoma Baptist University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
A christian liberal arts university.
What they do
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 13 sporting teams, an extensive intramural and club 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.
Auxiliary enterprises: oklahoma baptist university operates residential facilities for approximately 960 of the university's approximately 1,600 enrolled students. campus dining, including catering services, is provided through chartwell's, a compass group company. the university's bookstore is operated by slingshot.
Miscellaneous revenue generated from educational sales/services/events.
Contact & location
- Address
- 500 W University St, Shawnee, OK, 74804
- City
- Shawnee
- State
- Oklahoma
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $69.2M (FY2014) to $76.0M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $27.2MNet assets $309.4M
Operating margin
-3.7%
Spent more than it raised in the latest fiscal year.
Total assets
$336.6M
Total liabilities
$27.2M
Net assets
$309.4M
Salaries & benefits
$24.6M
31% of expenses
Board members
31
31 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $76,025,660▼21.3% | $78,864,062▲5.6% | $309,401,598▲2.4% | $336,614,650▲3.1% | 990 |
| 2023 | $96,576,340▲9.9% | $74,662,756▼4.1% | $302,163,770▲7.2% | $326,628,425▲3.8% | 990 |
| 2022 | $87,876,338▲6.5% | $77,857,878▲9.9% | $281,901,421▲4.0% | $314,549,066▲5.1% | 990 |
| 2021 | $82,485,292▲1.9% | $70,852,162▼3.1% | $271,138,691▲5.0% | $299,250,715▲3.5% | 990 |
| 2020 | $80,964,114▼19.4% | $73,125,608▼0.6% | $258,161,015▲16.8% | $289,242,729▲13.5% | 990 |
| 2019 | $100,424,858▲25.8% | $73,598,410▼3.1% | $221,038,082▲11.0% | $254,941,936▲8.6% | 990 |
| 2018 | $79,802,149▲1.2% | $75,929,443▼1.1% | $199,140,842▲0.2% | $234,851,359▼0.5% | 990 |
| 2017 | $78,842,058▲4.4% | $76,774,464▲4.0% | $198,645,957▲4.8% | $236,085,044▲2.8% | 990 |
| 2016 | $75,541,202▲3.7% | $73,834,967▲5.5% | $189,634,238▲4.9% | $229,752,236▲3.1% | 990 |
| 2015 | $72,819,374▲5.3% | $70,013,699▲7.5% | $180,742,538▼2.7% | $222,866,198▲1.7% | 990 |
| 2014 | $69,162,525 | $65,112,185▲13.1% | $185,727,134▲13.7% | $219,244,219▲21.2% | 990 |
| 2012 | — | $57,553,342▲8.0% | $163,397,921▲6.9% | $180,875,965▲6.0% | 990 |
| 2011 | — | $53,310,850▲11.0% | $152,902,554▼1.1% | $170,601,784▼0.6% | 990 |
| 2010 | — | $48,011,719▲9.3% | $154,532,442▲6.3% | $171,572,843▲5.5% | 990 |
| 2009 | — | $43,928,338 | $145,426,884 | $162,578,095 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Heath Thomas — $206,550 (0.26% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Heath Thomas | President | 50 | $206,550 |
| Matthew Emerson | Co-provost, Dean of Theology, Arts & Humanities | 50 | $162,319 |
| Randy Smith | Cfo/evp Bus. & Admin Svcs | 50 | $151,668 |
| Larinee Dennis | Co-provost, Dean of Business, Health, Science & Ed | 50 | $145,238 |
| Charles Baukal | Director of Engineering, Assoc Prof of Engineering | 50 | $143,320 |
| Timothy Rasnic | Vice President of Advancement | 50 | $137,110 |
| Joshua Shoffner | Vice President of Technology & Digital Innovation | 50 | $124,156 |
| Robert Morris | Vice-chairman (part Year)/chairman | 0.5 | $2,700 |
| Aubrey Chapin | Trustee | 0.5 | — |
| Brian Waddell | Trustee (part Year) | 0.5 | — |
| Bryan Laramore | Trustee (part Year)/vice-chairman | 0.5 | — |
| Bryan Pain | Trustee | 0.5 | — |
| Caleb Scott | Trustee | 0.5 | — |
| Chad Wilsie | Trustee | 0.5 | — |
| Cindy Schmidt | Trustee | 0.5 | — |
| Dany Daniel | Trustee | 0.5 | — |
| Eric Costanzo | Chairman (part Year) | 0.5 | — |
| Glenette Russell | Trustee | 0.5 | — |
| John Henry | Trustee | 0.5 | — |
| John Lee | Trustee (part Year) | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Lingo Construction Services | Construction Services | $16,505,749 |
| Chartwells Dining Services | Food/catering Services | $3,005,615 |
| Bison Construction Services LLC | Construction Services | $2,255,282 |
| Slingshot LP | Bookstore | $1,124,899 |
| True Solutions | Custodial Services | $1,089,416 |
Grants received · $3.6M total
70 grants to Oklahoma Baptist University totaling $3.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ssm Health Care of Oklahoma Inc | Charitable support | 2024 | $110,000 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $101,200 |
| The New Horizons Foundation Inc | Program support | 2024 | $81,000 |
| St Anthony Shawnee Hospital Inc | General suport | 2024 | $30,000 |
| Ayco Charitable Foundation | Education | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $19,556 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,000 |
| The New Horizons Foundation Inc | Program support | 2023 | $127,500 |
| Oklahoma City Community Foundation Inc | General purpose | 2023 | $51,536 |
| Servant Foundation | Education | 2023 | $50,000 |
| National Christian Charitable Foundation | Growth | 2023 | $35,200 |
| Ssm Health Care of Oklahoma Inc | General purpose | 2023 | $30,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $24,000 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| Ayco Charitable Foundation | Education | 2023 | $20,000 |
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Frequently asked questions
- Is Oklahoma Baptist University a legitimate nonprofit?
- Yes. Oklahoma Baptist University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-0579264, based in Shawnee, Oklahoma. Donations are tax-deductible.
- What is Oklahoma Baptist University's EIN?
- Oklahoma Baptist University's Employer Identification Number (EIN) is 73-0579264.
- How much revenue does Oklahoma Baptist University report?
- Oklahoma Baptist University reported $76,025,660 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Oklahoma Baptist University's spending goes to programs?
- Oklahoma Baptist University spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Oklahoma Baptist University have?
- CharityIndex grades Oklahoma Baptist University A, based on program efficiency and fundraising cost.
- How much does Oklahoma Baptist University's highest-paid employee make?
- The highest reported compensation on Oklahoma Baptist University's latest Form 990 is $206,550, paid to Heath Thomas (President).
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Data for Oklahoma Baptist University (EIN 73-0579264) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.