Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $533,162

• 1f · All other contributions, gifts and grants

  $7,434,509

• 1g · Noncash contributions included above

  $547,454

• 2a · Program service revenue: TUITION

  total $49,349,962 · related or exempt $49,349,962

• 2b · Program service revenue: AUXILIARY

  total $10,633,393 · related or exempt $10,633,393

• 2c · Program service revenue: OC GMBH

  total $296,441 · related or exempt $296,441

• 2f · All other program service revenue

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

• 3 · Investment income

  total $3,446,276 · unrelated business -$4,525 · excluded $3,450,801

• 5 · Royalties

  total $275,566 · excluded $275,566

• 6a · Gross rents

  real property $259,176

• 6b · Less rental expenses

  real property $65,408

• 6c · Rental income or loss

  real property $193,768 · personal property $0

• 6d · Net rental income or loss

  total $193,768 · unrelated business $29,887 · excluded $163,881

• 7a · Gross sales of assets other than inventory

  securities $4,638,318 · other assets $59,247

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

  securities $7,256,098

• 7c · Gain or loss

  securities -$2,617,780 · other assets $59,247

• 7d · Net gain or loss

  total -$2,558,533 · excluded -$2,558,533

• 11a · Other revenue: Grant Administrative Reimbursement

  total $101,308 · related or exempt $101,308

• 11b · Other revenue: NCAA Reimbursement

  total $90,174 · related or exempt $90,174

• 11d · All other revenue

  total $618,588 · related or exempt $618,588 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $810,070

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $22,337,342 · program services $22,337,342

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $927,583 · program services $83,868 · management and general $707,388 · fundraising $136,327

• 7 · Other salaries and wages

  total $20,476,056 · program services $17,963,025 · management and general $2,206,028 · fundraising $307,003

• 8 · Pension plan contributions

  total $788,345 · program services $618,218 · management and general $153,163 · fundraising $16,964

• 9 · Other employee benefits

  total $1,530,395 · program services $557,965 · management and general $965,817 · fundraising $6,613

• 10 · Payroll taxes

  total $1,399,977 · program services $1,097,169 · management and general $269,623 · fundraising $33,185

• 11a · Fees: management

  total $1,158,190 · program services $437,296 · management and general $683,983 · fundraising $36,911

• 11b · Fees: legal

  total $98,161 · management and general $98,161

• 11c · Fees: accounting

  total $142,516 · management and general $142,516

• 11f · Fees: investment management

  total $121,634 · management and general $121,634

• 11g · Fees: other

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

• 12 · Advertising and promotion

  total $779,237 · program services $472,328 · management and general $220,989 · fundraising $85,920

• 13 · Office expenses

  total $72,191 · program services $52,573 · management and general $18,379 · fundraising $1,239

• 14 · Information technology

  total $977,807 · program services $842,753 · management and general $127,929 · fundraising $7,125

• 16 · Occupancy

  total $1,682,840 · program services $1,622,640 · management and general $60,200

• 17 · Travel

  total $1,608,060 · program services $1,433,881 · management and general $162,493 · fundraising $11,686

• 19 · Conferences, conventions and meetings

  total $40,955 · program services $39,945 · management and general $770 · fundraising $240

• 20 · Interest

  total $1,946,901 · program services $1,813,149 · management and general $133,752

• 22 · Depreciation, depletion and amortization

  total $4,187,221 · program services $3,903,276 · management and general $283,945

• 23 · Insurance

  total $829,651 · program services $776,546 · management and general $53,105

• 24a · Other expenses: OVERHEAD AND MAINTENANCE

  total $4,122,280 · program services $3,890,563 · management and general $231,717

• 24b · Other expenses: FOOD

  total $3,520,409 · program services $3,520,409

• 24c · Other expenses: FURNITURE AND EQUIPMENT

  total $1,889,903 · program services $1,848,698 · management and general $40,252 · fundraising $953

• 24d · Other expenses: EDUCATIONAL MATERIALS

  total $176,305 · program services $176,305

• 24e · All other expenses

  total $3,306,784 · program services $1,898,733 · management and general $1,207,616 · fundraising $200,435

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $42 · end of year $36

• 2 · Savings and temporary cash investments

  beginning of year $7,373,768 · end of year $6,038,326

• 3 · Pledges and grants receivable

  beginning of year $3,694,570 · end of year $3,328,399

• 4 · Accounts receivable

  beginning of year $3,491,549 · end of year $3,729,465

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $326,004

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  beginning of year $909,329 · end of year $718,815

• 9 · Prepaid expenses and deferred charges

  beginning of year $685,651 · end of year $737,731

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

  $161,400,981

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

  $101,102,859

• 10c · Land, buildings and equipment, net

  beginning of year $63,352,877 · end of year $60,298,122

• 11 · Investments: publicly traded securities

  beginning of year $37,694,921 · end of year $40,693,278

• 12 · Investments: other securities

  beginning of year $3,820,129 · end of year $1,591,583

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $3,179,850 · end of year $3,450,411

• 17 · Accounts payable and accrued expenses

  beginning of year $4,238,557 · end of year $3,997,642

• 19 · Deferred revenue

  beginning of year $2,631,835 · end of year $2,665,202

• 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 $43,728,057 · end of year $41,537,876

• 25 · Other liabilities

  beginning of year $2,387,925 · end of year $2,056,662

• 27 · Net assets without donor restrictions

  beginning of year $21,663,483 · end of year $18,485,038

• 28 · Net assets with donor restrictions

  beginning of year $49,552,829 · end of year $52,169,750

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use

THE MINISTERIAL HOUSING ALLOWANCE IS AN EXCLUSION FROM THE GROSS INCOME OF MINISTERIAL EARNINGS FOR CERTAIN HOUSING RELATED EXPENSES. THE POLICY IS IN THE EMPLOYEE HANDBOOK AND MUST HAVE ANNUAL SUBMISSION FOR ELIGIBILITY, REVIEW AND APPROVAL BY HUMAN RESOURCES.

Disregarded entities

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

• EAGLE WORKS

  INTELPROPERTY · OK · income $0 · assets $14,716

  Directly controlled by OKLAHOMA CHRISTIAN UNIVERSITY

Related corporations and trusts

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

• OK CHRISTIAN COLLEGE INVESTMENT CORP

  C Corporation · INVESTMENT · OK · 100% owned · share of income $0 · share of assets $0 · controlled entity

  Directly controlled by OCU

• OC GMBH

  C Corporation · STUDENT HOUSING · AU · 100% owned · share of income -$107,749 · share of assets $2,892,726 · controlled entity

  Directly controlled by OCU