← OKLAHOMA BAPTIST HOMES FOR CHILDREN INC

Form 990 for tax year 2022

Filed by OKLAHOMA BAPTIST HOMES FOR CHILDREN INC.

Totals

Total revenue: $16,643,669
Total expenses: $14,373,680
Contributions and grants received: $12,252,999
Grants paid: $2,875
Program service revenue: $1,765
Investment income: $4,532,054
Other revenue: -$143,149
Total assets, end of year: $119,739,772
Total liabilities, end of year: $3,345,966
Net assets or fund balances, end of year: $116,393,806
Program services expenses (Part IX): $10,660,693
Management and general expenses: $1,527,527
Fundraising expenses: $2,185,460
Program service expenses (Part III): $10,660,693

Program services were 74.2% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$1,353,249
1d · Related organizations

$648,592
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$10,251,158
1g · Noncash contributions included above

$611,797
2a · Program service revenue: Conference fees

total $1,165 · related or exempt $1,165 · unrelated business $0 · excluded $0
2b · Program service revenue: Training fees

total $600 · related or exempt $600 · unrelated business $0 · excluded $0
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $4,360,493 · related or exempt $0 · unrelated business $0 · excluded $4,360,493
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $112,520 · related or exempt $0 · unrelated business $0 · excluded $112,520
6a · Gross rents

real property $44,839 · personal property $0
6b · Less rental expenses

real property $0 · personal property $0
6c · Rental income or loss

real property $44,839 · personal property $0
6d · Net rental income or loss

total $44,839 · related or exempt $0 · unrelated business $0 · excluded $44,839
7a · Gross sales of assets other than inventory

securities $60,596 · other assets $286,838
7b · Less cost or other basis and sales expenses

securities $60,098 · other assets $115,775
7c · Gain or loss

securities $498 · other assets $171,063
7d · Net gain or loss

total $171,561 · related or exempt $0 · unrelated business $0 · excluded $171,561
8a · Fundraising events: gross income

$68,206
8a · Fundraising events: contributions included on line 1c

$1,353,249
8b · Fundraising events: direct expenses

$409,096
8c · Net income from fundraising events

total -$340,890 · unrelated business $0 · excluded -$340,890
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11a · Other revenue: Retirement forfeitures

total $40,121 · related or exempt $40,121 · unrelated business $0 · excluded $0
11b · Other revenue: Utility rebates

total $261 · related or exempt $261 · unrelated business $0 · excluded $0
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$40,382

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0 · program services $0
2 · Grants to domestic individuals

total $2,875 · program services $2,875
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $679,821 · program services $294,734 · management and general $161,012 · fundraising $224,075
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $4,579,885 · program services $3,318,284 · management and general $194,868 · fundraising $1,066,733
8 · Pension plan contributions

total $353,925 · program services $255,390 · management and general $10,248 · fundraising $88,287
9 · Other employee benefits

total $1,090,057 · program services $694,264 · management and general $213,531 · fundraising $182,262
10 · Payroll taxes

total $355,536 · program services $245,890 · management and general $17,312 · fundraising $92,334
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $9,823 · program services $0 · management and general $9,823 · fundraising $0
11c · Fees: accounting

total $38,410 · program services $0 · management and general $38,410 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $5,764 · fundraising $5,764
11f · Fees: investment management

total $188,704 · program services $0 · management and general $188,704 · fundraising $0
11g · Fees: other

total $382,953 · program services $353,053 · management and general $1,100 · fundraising $28,800
12 · Advertising and promotion

total $230,614 · program services $125,256 · management and general $0 · fundraising $105,358
13 · Office expenses

total $295,076 · program services $140,689 · management and general $55,691 · fundraising $98,696
14 · Information technology

total $288,683 · program services $26,055 · management and general $255,762 · fundraising $6,866
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $2,674,520 · program services $2,363,576 · management and general $223,462 · fundraising $87,482
17 · Travel

total $457,865 · program services $339,078 · management and general $17,210 · fundraising $101,577
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $2,247 · program services $2,247 · management and general $0 · fundraising $0
20 · Interest

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $1,236,816 · program services $1,130,899 · management and general $50,976 · fundraising $54,941
23 · Insurance

total $49,156 · program services $37,704 · management and general $3,201 · fundraising $8,251
24a · Other expenses: Program activities and supplies

total $469,501 · program services $469,501 · management and general $0 · fundraising $0
24b · Other expenses: Animal program expenses

total $448,288 · program services $448,288 · management and general $0 · fundraising $0
24c · Other expenses: Clothing, food, and household

total $328,989 · program services $328,989 · management and general $0 · fundraising $0
24d · Other expenses: Education and training

total $71,633 · program services $52,950 · management and general $8,654 · fundraising $10,029
24e · All other expenses

total $132,539 · program services $30,971 · management and general $77,563 · fundraising $24,005

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $2,694,032 · end of year $1,018,338
2 · Savings and temporary cash investments

beginning of year $0 · end of year $8,152
3 · Pledges and grants receivable

beginning of year $0 · end of year $0
4 · Accounts receivable

beginning of year $146,294 · end of year $167,887
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $218,267 · end of year $250,644
10a · Land, buildings and equipment: cost or other basis

$39,689,710
10b · Land, buildings and equipment: accumulated depreciation

$24,700,145
10c · Land, buildings and equipment, net

beginning of year $12,502,206 · end of year $14,989,565
11 · Investments: publicly traded securities

beginning of year $0 · end of year $21,006
12 · Investments: other securities

beginning of year $26,311,070 · end of year $27,089,149
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $76,591,078 · end of year $76,195,031
17 · Accounts payable and accrued expenses

beginning of year $702,991 · end of year $1,067,673
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $0 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $65,219
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $2,934,707 · end of year $2,213,074
27 · Net assets without donor restrictions

beginning of year $24,249,397 · end of year $23,480,791
28 · Net assets with donor restrictions

beginning of year $90,575,852 · end of year $92,913,015

Mission and programs · 2022

Mission

The mission of Oklahoma Baptist Homes for Children is to demonstrate God's love by providing hope through empowering children and their families to follow Christ.

Child-Focused and Family-Focused Care: Oklahoma Baptist Homes for Children (OBHC) is the largest provider of private not-for-profit, residential childcare in the state, placing children in a safe Christian environment. OBHC also offers Transitional Living to residents who have graduated high school and are continuing their education at a university or trade school. During 2022, OBHC served 76 children through its child-focused care ministry, while another 21 lived in Transitional Living. 14 children accepted Christ as their Savior during 2022. The family-focused care ministry of OBHC provides a safe, stable, and nurturing place to live for single mothers and their children while equipping and teaching important life skills. During 2022, 37 mothers and 77 children were served and 2 accepted Christ.

Expenses $8,121,547 · Grants $2,875
Hope Pregnancy Center's (HPC) mission is to help young men and women have hope and choose life in the midst of an unplanned pregnancy. This is accomplished by encouraging, affirming dignity and self-worth and providing positive alternatives for individual situations and needs without judgement or cost. Services offered include pregnancy option education and testing, ultrasounds, community referrals, Empowered Parenting classes, fatherhood programs and abortion recovery help. HPC has 7 locations throughout Oklahoma in addition to a mobile unit. During 2022, 51 individuals accepted Christ through the Hope Pregnancy Center ministry. HPC served 2,956 individuals. 1,300 ultrasounds were provided, with 82% choosing life for their babies. HPC also had 192 mothers and fathers participate in Empowered Parenting classes.

Expenses $2,415,247 · Revenue $1,765
The Foster Care Ministries seeks to encourage and connect churches to the foster/adoptive community by engaging them through support and ongoing training opportunities. Foster Care Ministries partners with churches to host foster parent training events which minister to foster families in their community. During 2022, 27 referrals were sent by Oklahoma Baptist Homes for Children to foster/adoptive agencies, 25 churches were assisted on how to start a foster care ministry, 1,443.75 total training hours were given, serving 380 adults and 26 children.

Expenses $123,899

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Greg McNeece

President

Total calculated

$189,534

From this org

$102,907

From related orgs

$0

Other

$86,627

Hours/week

40

Schedule J breakdown matched by us

Base

$25,272

Bonus

$0

Other

$77,635

Deferred

$14,668

Nontaxable benefits

$71,959

Filer's total

$189,534
Michael Williams

VP of Development/Interim President

Total calculated

$165,257

From this org

$140,762

From related orgs

$0

Other

$24,495

Hours/week

40

Schedule J breakdown matched by us

Base

$133,966

Bonus

$0

Other

$6,796

Deferred

$13,683

Nontaxable benefits

$10,812

Filer's total

$165,257
Malcolm Philips

Vice President of Programs

Total calculated

$130,731

From this org

$88,957

From related orgs

$0

Other

$41,774

Hours/week

40
Steven Floyd

Chief Financial Officer

Total calculated

$104,544

From this org

$71,743

From related orgs

$0

Other

$32,801

Hours/week

40
Melissa Litke

Corporate Secretary

Total calculated

$89,755

From this org

$58,234

From related orgs

$0

Other

$31,521

Hours/week

40
Angela Arthaud

Trustee

Total calculated

$0

Hours/week

2
Jennifer Barnes

Trustee

Total calculated

$0

Hours/week

2
Candi Bennight

Trustee

Total calculated

$0

Hours/week

2
Jennifer Blocker

Trustee

Total calculated

$0

Hours/week

2
Jan Bradstreet

Trustee

Total calculated

$0

Hours/week

2
Dan Calhoun

Trustee

Total calculated

$0

Hours/week

2
Henriatta Clarke

Trustee

Total calculated

$0

Hours/week

2
Connie Collins

Trustee

Total calculated

$0

Hours/week

2
Antonio Cordoves

Trustee

Total calculated

$0

Hours/week

2
Todd Fisher

Ex-Officio Voting Member

Total calculated

$0

Hours/week

2
Mike Geiger

Chairman

Total calculated

$0

Hours/week

2
Tamara Goeken

Vice Chairwoman

Total calculated

$0

Hours/week

2
Tommy Hardin

Trustee

Total calculated

$0

Hours/week

2
Jacquie Jemison

Trustee

Total calculated

$0

Hours/week

2
Stewart Kennedy

Trustee

Total calculated

$0

Hours/week

2
Kellie Muller

Trustee

Total calculated

$0

Hours/week

2
Kristy Nofsinger

Trustee

Total calculated

$0

Hours/week

2
Mark Olmstead

Trustee

Total calculated

$0

Hours/week

2
Connie Quattlebaum

Trustee

Total calculated

$0

Hours/week

2
Aaron Reed

Trustee

Total calculated

$0

Hours/week

2
Edie Stewart

Trustee

Total calculated

$0

Hours/week

2
Lori Sutton

Trustee

Total calculated

$0

Hours/week

2
Millie Vance

Trustee

Total calculated

$0

Hours/week

2
Doug White

Trustee

Total calculated

$0

Hours/week

2
John Workun

Trustee

Total calculated

$0

Hours/week

2

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 · Approval by the board or compensation committee
4a · Severance or change-of-control payment

Answered no

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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a: Schedule J, Part I, Line 1a - As an ordained minister of the Gospel, the President receives an annual ministers housing allowance that is appropriately treated as a non-taxable benefit and is included in Form 990, Part VII, Column F and in Form 990, Schedule J, Part II, Column D. The Vice President of Programs resides in a house owned by Oklahoma Baptist Homes for Children (OBHC). No rent is paid since lodging on the business premises is for the convenience of OBHC and is necessary for him to fulfill the duties of his job. The value of the lodging is appropriately treated as a non-taxable benefit and is included in Form 990, Part VII, Column F.
Schedule J, Part I, Line 3: The Executive Committee of the Board of Trustees conducts an annual performance review of the President and establishes the President's compensation.
Schedule J, Part I, Line 4: Greg McNeece, President of Oklahoma Baptist Homes for Children (OBHC), resigned effective May 31, 2022. Upon his resignation, the Board of Trustees awarded him a severance package totaling 85,447. Of this amount, 60,447 is included in Form 990, Part VII, Column D and in Form 990, Schedule J, Part II, Column B(iii) while 25,000 is reported in Form 990, Part VII, Column F and in Form 990, Schedule J, Part II, Column D.

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.

Baptist General Convention of the State of Oklahoma

501(c)(3) · Convention of churches · OK
The Baptist Foundation of Oklahoma

501(c)(3) · Church support services · OK

Provenance

Return type: form_990
Tax year: 2022
Filed: 14 November 2023
IRS schema version: 2022v5.0
Source object: 202313189349314766

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