Skip to content
Nonprofiteer
← OUACHITA BAPTIST UNIVERSITY

Form 990 for tax year 2024

Filed by OUACHITA BAPTIST UNIVERSITY.

Totals

Total revenue
$91,647,658
Total expenses
$88,910,777
Contributions and grants received
$11,596,716
Grants paid
$34,056,655
Program service revenue
$60,991,161
Investment income
$5,974,656
Other revenue
$13,085,125
Total assets, end of year
$231,595,807
Total liabilities, end of year
$57,143,937
Net assets or fund balances, end of year
$174,451,870
Program services expenses (Part IX)
$81,309,853
Management and general expenses
$6,578,077
Fundraising expenses
$1,022,847
Program service expenses (Part III)
$81,309,853

Program services were 91.5% 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.

  • 1c · Fundraising events

    $239,129

  • 1e · Government grants (contributions)

    $1,888,080

  • 1f · All other contributions, gifts and grants

    $9,469,507

  • 2a · Program service revenue: TUITION AND FEES

    total $55,755,206 · related or exempt $55,755,206

  • 2b · Program service revenue: ROOM AND BOARD

    total $5,235,955 · related or exempt $5,235,955

  • 3 · Investment income

    total $1,782,101 · excluded $1,782,101

  • 4 · Income from investment of tax-exempt bond proceeds

    total $103,152 · excluded $103,152

  • 7a · Gross sales of assets other than inventory

    securities $19,541,560 · other assets $51,896

  • 7b · Less cost or other basis and sales expenses

    securities $15,504,053 · other assets $0

  • 7c · Gain or loss

    securities $4,037,507 · other assets $51,896

  • 7d · Net gain or loss

    total $4,089,403 · excluded $4,089,403

  • 8a · Fundraising events: gross income

    $57,434

  • 8a · Fundraising events: contributions included on line 1c

    $239,129

  • 8b · Fundraising events: direct expenses

    $93,832

  • 8c · Net income from fundraising events

    total -$36,398 · excluded -$36,398

  • 11a · Other revenue: AUXILIARY REVENUE

    total $8,856,957 · related or exempt $8,856,957

  • 11b · Other revenue: CHANGE VALUE SPLIT INTEREST

    total $2,165,615 · excluded $2,165,615

  • 11c · Other revenue: GATE RECEIPTS

    total $62,927 · related or exempt $62,927

  • 11d · All other revenue

    total $2,036,024 · related or exempt $2,036,024

  • 11e · Other revenue, total

    $13,121,523

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $34,056,655 · program services $34,056,655

  • 5 · Compensation of officers, directors and key employees

    total $445,910 · management and general $287,794 · fundraising $158,116

  • 7 · Other salaries and wages

    total $19,947,504 · program services $18,054,447 · management and general $1,542,682 · fundraising $350,375

  • 8 · Pension plan contributions

    total $1,068,728 · program services $890,177 · management and general $150,607 · fundraising $27,944

  • 9 · Other employee benefits

    total $3,520,503 · program services $2,932,337 · management and general $496,114 · fundraising $92,052

  • 10 · Payroll taxes

    total $1,343,773 · program services $1,119,271 · management and general $189,366 · fundraising $35,136

  • 11b · Fees: legal

    total $35,805 · management and general $35,805

  • 11c · Fees: accounting

    total $177,323 · management and general $177,323

  • 12 · Advertising and promotion

    total $516,253 · program services $245,578 · management and general $270,675

  • 13 · Office expenses

    total $1,451,060 · program services $1,339,383 · management and general $69,932 · fundraising $41,745

  • 14 · Information technology

    total $579,463 · management and general $579,463

  • 16 · Occupancy

    total $3,589,632 · program services $3,283,436 · management and general $292,555 · fundraising $13,641

  • 17 · Travel

    total $611,218 · program services $497,513 · management and general $67,927 · fundraising $45,778

  • 19 · Conferences, conventions and meetings

    total $114,382 · program services $105,261 · management and general $8,313 · fundraising $808

  • 20 · Interest

    total $2,615,059 · program services $2,391,995 · management and general $213,127 · fundraising $9,937

  • 22 · Depreciation, depletion and amortization

    total $5,890,739 · program services $5,388,259 · management and general $480,095 · fundraising $22,385

  • 23 · Insurance

    total $675,598 · management and general $675,598

  • 24a · Other expenses: AUXILIARY

    total $5,677,605 · program services $5,677,605

  • 24b · Other expenses: ATHLETICS

    total $3,238,315 · program services $3,238,315

  • 24c · Other expenses: PUBLIC SERVICE

    total $1,196,055 · program services $1,196,055

  • 24d · Other expenses: PRINTING AND PUBLICATIO

    total $643,398 · program services $487,476 · management and general $118,068 · fundraising $37,854

  • 24e · All other expenses

    total $1,515,799 · program services $406,090 · management and general $922,633 · fundraising $187,076

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,859,408 · end of year $15,244,398

  • 2 · Savings and temporary cash investments

    beginning of year $5,922,415 · end of year $6,259,719

  • 3 · Pledges and grants receivable

    beginning of year $2,335,586 · end of year $1,892,080

  • 4 · Accounts receivable

    beginning of year $371,563 · end of year $231,341

  • 7 · Other notes and loans receivable

    beginning of year $273,545 · end of year $329,196

  • 8 · Inventories for sale or use

    beginning of year $269,689 · end of year $377,351

  • 9 · Prepaid expenses and deferred charges

    beginning of year $642,254 · end of year $413,298

  • 10a · Land, buildings and equipment: cost or other basis

    $191,122,156

  • 10b · Land, buildings and equipment: accumulated depreciation

    $92,257,079

  • 10c · Land, buildings and equipment, net

    beginning of year $91,758,329 · end of year $98,865,077

  • 11 · Investments: publicly traded securities

    beginning of year $71,655,887 · end of year $73,034,082

  • 12 · Investments: other securities

    beginning of year $3,910,912 · end of year $0

  • 15 · Other assets

    beginning of year $32,599,279 · end of year $34,949,265

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,995,320 · end of year $3,063,440

  • 19 · Deferred revenue

    beginning of year $1,491,391 · end of year $1,608,286

  • 20 · Tax-exempt bond liabilities

    beginning of year $45,451,265 · end of year $42,846,181

  • 23 · Secured mortgages and notes payable

    beginning of year $8,414,165 · end of year $9,596,466

  • 25 · Other liabilities

    beginning of year $60,597 · end of year $29,564

  • 27 · Net assets without donor restrictions

    beginning of year $14,452,536 · end of year $20,442,625

  • 28 · Net assets with donor restrictions

    beginning of year $153,733,593 · end of year $154,009,245

Mission and programs · 2024

Mission

OUACHITA BAPTIST UNIVERSITY IS A CHRIST-CENTERED LEARNING COMMUNITY. EMBRACING THE LIBERAL ARTS TRADITION, THE UNIVERSITY PREPARES INDIVIDUALS FOR ONGOING INTELLECTUAL AND SPIRITUAL GROWTH, LIVES OF MEANINGFUL WORK, AND REASONED ENGAGEMENT WITH THE WORLD.

Activities or mission (Part I)

PRIVATE, UNDERGRADUATE AND GRADUATE HIGHER EDUCATION

  • INSTITUTION OF PRIVATE CHRISTIAN HIGHER EDUCATION AFFILIATED WITH THE ARKANSAS BAPTIST STATE CONVENTION OFFERING RESIDENTIAL UNDERGRADUATE, ONLINE UNDERGRADUATE, AND GRADUATE DEGREES IN VARIOUS DISCIPLINES TO APPROXIMATELY 1,800 STUDENTS FROM APPROXIMATELY 25 STATES AND 23 COUNTRIES.

    Expenses $81,309,853 · Grants $34,056,655 · Revenue $71,947,069

As filed on the 2024 return.

Listed in Part VII

  • Mary Pat Anthony

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Clay Conly

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Julie Dodge

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Bill Elliff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Suzanne Ferrell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Donna Kelly

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Austin King

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Larry Kircher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • John McCallum

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Mark Morris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Sharon Phillips

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Mark Roberts

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Brett Rogers

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.25
  • Bob Sexton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Molly Shepherd

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25
  • Scott Street

    CHAIR

    Total calculated
    $0
    Hours/week
    0.25
  • Tom Thrash

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • John Threet

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Jenny Turner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Frank Hickingbotham

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Jackie Harris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Terri Mardis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Phillip Watts

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Craig Campbell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Clay Cunningham

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Ben Sells

    PRESIDENT

    Total calculated
    $445,231
    From this org
    $354,791
    From related orgs
    $0
    Other
    $90,440
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $354,791
    Bonus
    $0
    Other
    $0
    Deferred
    $23,433
    Nontaxable benefits
    $67,007
    Filer's total
    $445,231
  • Jason Tolbert

    VICE PRESIDENT FOR FINANCE

    Total calculated
    $168,137
    From this org
    $133,936
    From related orgs
    $0
    Other
    $34,201
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,936
    Bonus
    $0
    Other
    $0
    Deferred
    $9,313
    Nontaxable benefits
    $24,888
    Filer's total
    $168,137
  • Andy Almand

    PROFESSOR

    Total calculated
    $194,813
    From this org
    $154,410
    From related orgs
    $0
    Other
    $40,403
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,410
    Bonus
    $0
    Other
    $0
    Deferred
    $10,809
    Nontaxable benefits
    $29,594
    Filer's total
    $194,813
  • Bryan McKinney

    GENERAL COUNSEL/DEAN

    Total calculated
    $205,350
    From this org
    $168,276
    From related orgs
    $0
    Other
    $37,074
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,276
    Bonus
    $0
    Other
    $0
    Deferred
    $11,733
    Nontaxable benefits
    $25,341
    Filer's total
    $205,350
  • Justin Hardin

    VICE PRESIDENT

    Total calculated
    $204,272
    From this org
    $151,374
    From related orgs
    $0
    Other
    $52,898
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,374
    Bonus
    $0
    Other
    $0
    Deferred
    $10,542
    Nontaxable benefits
    $42,356
    Filer's total
    $204,272
  • Tim Knight

    DEAN

    Total calculated
    $188,203
    From this org
    $153,383
    From related orgs
    $0
    Other
    $34,820
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,383
    Bonus
    $0
    Other
    $0
    Deferred
    $10,737
    Nontaxable benefits
    $24,083
    Filer's total
    $188,203
  • Keldon Henley

    VICE PRESIDENT

    Total calculated
    $183,249
    From this org
    $150,667
    From related orgs
    $0
    Other
    $32,582
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,667
    Bonus
    $0
    Other
    $0
    Deferred
    $10,492
    Nontaxable benefits
    $22,090
    Filer's total
    $183,249

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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 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

No itemized grants to organizations on this return.

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • OUACHITA RESOURCE INVESTMENTS CO LLC

    OIL & GAS INVESTMENT · AR · income $0 · assets $21,068

    Directly controlled by OUACHITA BAPTIST UNIVERSITY

  • OUACHITA PROPERTIES DEVELOPMENT LLC

    REAL ESTATE INVESTMENT · AR · income $0 · assets $3,819,200

    Directly controlled by OUACHITA BAPTIST UNIVERSITY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DR JACK'S COFFEE INC

    C · STUDENT BUSINESS PROJECT · AR · 100% owned · share of assets $11,636

Provenance

Return type
form_990
Tax year
2024
Filed
1 April 2026
IRS schema version
2024v5.5
Source object
202630989349300208

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.