Southern Nazarene University
77% goes to programs $11 to raise $100 Strong reserves
Southern Nazarene University is a 501(c)(3) organization based in Bethany, Oklahoma, registered in 1959, with $64,866,082 in FY2023 revenue. CharityIndex grades it B+, and it directs about 77% of spending to programs.
6729 Nw 39th Expy, Bethany, OK, 73008 EIN 73-0587210 Since 1959
Revenue (FY2023)
$64.9M
▲ 3.2% vs prior year
Education median: $200K
Expenses (FY2023)
$71.6M
Net assets
$60.7M
Employees
1,161
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating77% to programs · $11 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 Southern Nazarene University: 77% to programs · $11 to raise $100 earns a B+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating10 mo reserves · -10% 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 Southern Nazarene University: 10 mo reserves · -10% margin earns a C+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Southern Nazarene University: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Southern Nazarene University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To make christlike disciples through higher education in christ-centered community
Contact & location
- Address
- 6729 Nw 39th Expy, Bethany, OK, 73008
- City
- Bethany
- State
- Oklahoma
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $44.0M (FY2013) to $64.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $53.6MNet assets $60.7M
Operating margin
-10.4%
Spent more than it raised in the latest fiscal year.
Total assets
$114.3M
Total liabilities
$53.6M
Net assets
$60.7M
Salaries & benefits
$24.1M
34% of expenses
Board members
50
49 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $64,866,082▲3.2% | $71,635,148▼0.9% | $60,717,347▼4.2% | $114,285,569▲1.5% | 990 |
| 2022 | $62,857,791▼15.9% | $72,277,538▲3.7% | $63,381,753▼9.7% | $112,591,587▼7.5% | 990 |
| 2021 | $74,735,048▲9.5% | $69,692,413▲9.7% | $70,196,481▲3.4% | $121,775,011▼1.0% | 990 |
| 2020 | $68,249,636▲5.3% | $63,507,837▼0.3% | $67,893,030▲18.8% | $123,009,250▲3.2% | 990 |
| 2019 | $64,787,489▼3.6% | $63,726,342▼3.3% | $57,151,459▲1.4% | $119,146,450▲1.9% | 990 |
| 2018 | $67,213,945▲8.3% | $65,888,421▲6.6% | $56,385,649▲2.5% | $116,980,787▲1.6% | 990 |
| 2017 | $62,062,274▲6.9% | $61,816,144▲5.0% | $54,997,400▲0.5% | $115,148,605▲1.3% | 990 |
| 2016 | $58,032,664▼3.2% | $58,869,823▼3.9% | $54,741,466▼1.3% | $113,643,793▲15.8% | 990 |
| 2015 | $59,935,970▲43.3% | $61,255,947▲51.7% | $55,484,657▼2.2% | $98,102,028▲1.8% | 990 |
| 2014 | $41,820,148▼5.0% | $40,391,821▼1.0% | $56,735,294▲4.1% | $96,344,062▲11.1% | 990 |
| 2013 | $44,041,001 | $40,819,920▲3.4% | $54,491,689▲8.3% | $86,732,069▲5.0% | 990 |
| 2012 | — | $39,492,160▲3.3% | $50,311,017▲8.3% | $82,619,560▲3.3% | 990 |
| 2011 | — | $38,248,363▲4.5% | $46,451,936▲3.2% | $79,963,742▲1.5% | 990 |
| 2010 | — | $36,598,385▲3.2% | $45,024,014▲7.5% | $78,778,746▼2.0% | 990 |
| 2009 | — | $35,479,704 | $41,874,936 | $80,424,155 | 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 (FY2023)
Highest-paid: Dr Keith Newman — $219,621 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Keith Newman | University President | 40 | $219,621 |
| Dr Mark Winslow | Senior Vp and Chief Academic Officer | 40 | $111,134 |
| Dr Mike Redwine | Executive Vice President | 40 | $107,923 |
| Gary Cummings | Vp For Business and Finance | 40 | $38,023 |
| Andrew Marston | Board Member | 1 | — |
| Anne Murray | Board Member | 1 | — |
| Beverly Gentry | Board Member | 1 | — |
| Brad Moore | Board Member | 1 | — |
| Brian Wiesinger | Board Member | 1 | — |
| Cb Glidden | Board Member | 1 | — |
| Cheryl Crouch | Board Member | 1 | — |
| Chuck Fountain | Board Member | 1 | — |
| Curtis Clements | Board Member | 1 | — |
| David Craig | Board Member | 1 | — |
| David Downs | Board Member | 1 | — |
| David Frees | Board Member | 1 | — |
| David Mckellips | Board Member | 1 | — |
| Denia Herrera | Board Member | 1 | — |
| Donna Kyzer-rice | Board Member | 1 | — |
| Elizabeth Franklin | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Richard Stipes | Construction | $225,795 |
| Landcare USA | Maintenance | $186,754 |
| Maldonado's Lawncare | Maintenance | $169,944 |
Grants received · $4.3M total
69 grants to Southern Nazarene University totaling $4.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Signatry Charitable Trust | Education | 2024 | $400,000 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $77,000 |
| American Online Giving Foundation Inc | General support | 2024 | $18,327 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $16,171 |
| Charities Aid Foundation America | Charitable donation | 2024 | $15,575 |
| Servant Foundation | Education | 2023 | $400,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $55,800 |
| National Philanthropic Tr | Education | 2023 | $45,000 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| American Online Giving Foundation Inc | General support | 2023 | $20,102 |
| Oklahoma City Community Foundation Inc | General purpose | 2023 | $17,841 |
| Tulsa Community Foundation | Scholarships | 2023 | $16,250 |
| Charities Aid Foundation America | Charitable donation | 2023 | $15,850 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2023 | $12,109 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $11,200 |
Grants made · $9,742 in FY2019
1 grant totaling $9,742 in FY2019. All grants made by Southern Nazarene University →
| Recipient | Purpose | Amount |
|---|---|---|
| Southern Nazarene University Foundation | General purpose | $9,742 |
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Compare Southern Nazarene University
Frequently asked questions
- Is Southern Nazarene University a legitimate nonprofit?
- Yes. Southern Nazarene University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 73-0587210, based in Bethany, Oklahoma. Donations are tax-deductible.
- What is Southern Nazarene University's EIN?
- Southern Nazarene University's Employer Identification Number (EIN) is 73-0587210.
- How much revenue does Southern Nazarene University report?
- Southern Nazarene University reported $64,866,082 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Southern Nazarene University's spending goes to programs?
- Southern Nazarene University spends about 77% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southern Nazarene University have?
- CharityIndex grades Southern Nazarene University B+, based on program efficiency and fundraising cost.
- How much does Southern Nazarene University's highest-paid employee make?
- The highest reported compensation on Southern Nazarene University's latest Form 990 is $219,621, paid to Dr Keith Newman (University President).
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Data for Southern Nazarene University (EIN 73-0587210) 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.