Form 990 for tax year 2022
Filed by ORAL ROBERTS EVANGELISTIC ASSOCIATION.
Totals
- Total revenue
- $5,506,935
- Total expenses
- $5,883,732
- Contributions and grants received
- $5,397,634
- Grants paid
- $554,426
- Program service revenue
- $109,234
- Investment income
- $67
- Other revenue
- $0
- Total assets, end of year
- $7,403,778
- Total liabilities, end of year
- $5,831,855
- Net assets or fund balances, end of year
- $1,571,923
- Program services expenses (Part IX)
- $5,155,342
- Management and general expenses
- $555,608
- Fundraising expenses
- $172,782
- Program service expenses (Part III)
- $5,155,342
Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,397,634
-
2a · Program service revenue: OTHER PROGRAM SERVICE
total $109,234 · related or exempt $109,234
-
3 · Investment income
total $67 · excluded $67
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $554,426 · program services $554,426
-
5 · Compensation of officers, directors and key employees
total $855,027 · program services $709,672 · management and general $128,254 · fundraising $17,101
-
7 · Other salaries and wages
total $1,955,631 · program services $1,623,173 · management and general $293,345 · fundraising $39,113
-
11g · Fees: other
total $274,148 · program services $142,557 · management and general $21,932 · fundraising $109,659
-
16 · Occupancy
total $236,266 · program services $196,101 · management and general $35,440 · fundraising $4,725
-
17 · Travel
total $9,927 · program services $9,927
-
20 · Interest
total $4,695 · management and general $4,695
-
23 · Insurance
total $109,195 · program services $90,632 · management and general $16,379 · fundraising $2,184
-
24a · Other expenses: MEDIA TIME & BROADCASTI
total $1,033,417 · program services $1,033,417
-
24b · Other expenses: POSTAGE AND SHIPPING
total $458,234 · program services $453,652 · management and general $4,582
-
24c · Other expenses: PRINTING AND PUBLICATIO
total $279,578 · program services $279,578
-
24d · Other expenses: OTHER OPERATING EXPENSE
total $101,962 · program services $50,981 · management and general $50,981
-
24e · All other expenses
total $11,226 · program services $11,226
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $753,584 · end of year $376,789
-
2 · Savings and temporary cash investments
beginning of year $2,652,994 · end of year $2,652,994
-
4 · Accounts receivable
beginning of year $37,339 · end of year $37,339
-
8 · Inventories for sale or use
beginning of year $154,371 · end of year $154,371
-
9 · Prepaid expenses and deferred charges
beginning of year $7,041 · end of year $7,041
-
10a · Land, buildings and equipment: cost or other basis
$9,459,824
-
10b · Land, buildings and equipment: accumulated depreciation
$8,203,028
-
10c · Land, buildings and equipment, net
beginning of year $1,256,796 · end of year $1,256,796
-
12 · Investments: other securities
beginning of year $2,918,448 · end of year $2,918,448
-
17 · Accounts payable and accrued expenses
beginning of year $245,976 · end of year $245,976
-
24 · Unsecured notes and loans payable
beginning of year $553,009 · end of year $553,009
-
25 · Other liabilities
beginning of year $5,032,870 · end of year $5,032,870
-
27 · Net assets without donor restrictions
beginning of year $606,611 · end of year $229,816
-
28 · Net assets with donor restrictions
beginning of year $1,342,107 · end of year $1,342,107
Mission and programs · 2022
Mission
EVANGELISTIC MINISTRY TO PRAY FOR HEALING OF THE WHOLE MAN.
Activities or mission (Part I)
EVANGELISTIC MINISTRY TO PRAY FOR HEALING OF THE WHOLE MAN
-
TELEVISION, RADIO & MEDIA MINISTRY - 52 WEEKLY TELEVISION AND RADIO PROGRAMS, AND 260 DAILY TELEVISION PROGRAMS WERE PRODUCED BY ORAL ROBERTS EVANGELICAL ASSOCIATION TO HELP SPREAD THE GOSPEL OF JESUS CHRIST IN THE UNITED STATES AND THROUGHOUT THE WORLD. THESE PROGRAMS REACHED AN ESTIMATE 800,000 VIEWERS PER WEEK. PROGRAMS AND PUBLICATIONS AVAILABLE ON WEBSITE AND OTHER SOCIAL MEDIA PLATFORMS.
Expenses $1,959,030 · Revenue $109,234
-
MAIL MINISTRY CORRESPONDENCE - DURING THE YEAR LETTERS WERE RECIEVED FROM THOSE WRITING TO REQUEST PRAYER. ALL LETTERS RECEIVED ARE INDIVIDUALLY ANSWERED AND A CORRESPONDENCE MINISTRY MAINTAINED WITH THE WRITERS.RELIGIOUS LITERATURE AND MATERIALS - DISTRIBUTED COPIES OF BI-MONTHLY AND QUARTERLY MAGAZINES, BOOKS, TRACTS AND BOOKLETS, AND AUDIO AND VIDEO TAPE RECORDINGS AND OTHER RELIGIOUS MATERIALS CONTAINING MESSAGES OF CHRISTIAN INSPIRATION AND TEACHING.
Expenses $2,577,671 · Grants $554,426
-
CRUSADES, OUTREACH, HUNGER NEEDS A VOICE, INCLUDING HUNGER RELIEF AND MINISTRY IN NORTH AMERICA AND WORLDWIDE.
Expenses $618,641
As filed on the 2022 return.
Listed in Part VII
-
Denise GeuderDENISE GEUDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Marilyn HickeyMARILYN HICKEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Ron HalvorsonRON HALVORSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Michael LetneyMICHAEL LETNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Ann PlatzANN PLATZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Gary Lee MDGARY LEE MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Tim TregoningTIM TREGONING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Richard RobertsRICHARD ROBERTS
CEO
- Total calculated
- $424,684
- From this org
- $304,084
- From related orgs
- $120,600
- Other
- $0
- Hours/week
- 35 + 15 related
Schedule J breakdown matched by us
- Base
- $304,084 + $120,600 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $304,084 + $120,600 related
-
D Michael BernardD MICHAEL BERNARD
V.P./SECRETARY
- Total calculated
- $194,284
- From this org
- $194,284
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,284
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $194,284
-
Coleen BarkerCOLEEN BARKER
VICE PRESIDENT
- Total calculated
- $153,305
- From this org
- $150,305
- From related orgs
- $0
- Other
- $3,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,305
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $3,000
- Filer's total
- $153,305
-
Linda A Salem RobertsLINDA A SALEM ROBERTS
PROGRAM HOST
- Total calculated
- $182,357
- From this org
- $83,177
- From related orgs
- $99,180
- Other
- $0
- Hours/week
- 15 + 25 related
Schedule J breakdown matched by us
- Base
- $83,177 + $99,180 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $83,177 + $99,180 related
-
Diane PetersonDIANE PETERSON
STAFF
- Total calculated
- $111,679
- From this org
- $111,679
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jeff OgleJEFF OGLE
STAFF
- Total calculated
- $114,630
- From this org
- $114,630
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$33,600
BUILDING A SCHOOL IN NIGER
-
$28,881
RELIGIOUS MINISTRY
-
$27,500
PREACHING THE GOSPEL
-
$8,000
CHILDREN'S MINISTRY
-
$5,500
CHILDREN'S MINISTRY
-
$5,500
FEEDING HUNGRY CHILDREN
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · RESIDENTIAL HELATHCARE FOR THE ELDERLY · OK
-
CITY OF FAITH HOSPITAL
501(C)(3) · CHARITABLE · OK
-
501(C)(3) · CHARITABLE · OK
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
TRACO ADVERTISING INC
C · ADVERTISING · OK · 100% owned · share of assets $253,978
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400759349300945
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