Oral Roberts University

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2021. To update the information in this column, please email: info@ministrywatch.com


Summary



Oral Roberts University is a charismatic university, founded in the fires of evangelism and upon the unchanging precepts of the Bible. The University was founded as a result of the evangelist Oral Roberts' obeying God's mandate to build a university on God's authority and the Holy Spirit.


Contact information

Mailing address:
Oral Roberts University
7777 South Lewis Ave.
Tulsa, OK 74171

Website: oru.edu

Phone: 918-495-6161

Email: sthill@oru.edu


Organization details

EIN: 730739626

CEO/President: William M Wilson

Chairman: Mike Rakes

Board size: 31

Founder: Oral Roberts

Year founded: 1964

Tax deductible: Yes

Fiscal year end: 04/30

Member of ECFA: Yes

Member of ECFA since: 2009


Purpose

God's commission to Oral Roberts was to "Raise up your students to hear My voice, to go where My light is dim, where My voice is heard small, and My healing power is not known, even to the uttermost bounds of the earth. Their work will exceed yours, and in this I am well pleased."


Mission statement

The mission of Oral Roberts University - in its commitment to the Christian faith - is to educate the whole person in spirit, mind, and body, thereby preparing its graduates to be professionally competent servant-leaders who are spiritually alive, intellectually alert, physically disciplined, and socially adept. The University seeks to synthesize the best practices of liberal arts, professional, and graduate education with a charismatic emphasis to enable students to go into every person's world with God's message of salvation and healing for the totality of human need.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating248 of 94117 of 113
Fund acquisition rating268 of 94328 of 113
Resource allocation rating523 of 94363 of 113
Asset utilization rating273 of 94121 of 113

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
15%10%8%11%12%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%2%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
13%17%21%16%17%20%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
87%83%79%84%83%80%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%84%83%83%82%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%100%93%100%107%106%
Program output ratio Program output ratio =
Program services /
Total revenue
81%84%77%83%88%86%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%0%7%0%-7%-6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%0%7%0%-6%-4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%15%15%15%16%17%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.720.690.710.710.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.743.823.593.643.603.31
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.662.732.462.582.562.10
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.053.353.373.092.903.38
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.170.300.300.320.350.30
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.783.083.433.153.074.03
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
27%19%20%20%21%20%
Debt ratio Debt ratio =
Debt /
Total assets
17%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
139%114%117%112%111%126%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$29,192,824$30,559,449$22,685,749$27,118,159$28,870,340
Receivables, inventories, prepaids$8,954,249$9,473,507$12,306,194$6,956,683$10,055,570
Short-term investments$13,192,523$15,408,742$16,515,689$18,283,171$20,294,504
Other current assets$0$0$0$0$0
Total current assets$51,339,596$55,441,698$51,507,632$52,358,013$59,220,414
Long-term investments$20,500,633$22,948,100$24,918,278$0$0
Fixed assets$120,938,169$117,549,019$107,383,613$108,552,870$108,554,124
Other long-term assets$3,243,653$2,962,099$3,519,585$27,430,231$28,238,285
Total long-term assets$144,682,455$143,459,218$135,821,476$135,983,101$136,792,409
Total assets$196,022,051$198,900,916$187,329,108$188,341,114$196,012,823
 
Liabilities20202019201820172016
Payables and accrued expenses$11,912,738$12,701,077$12,654,553$13,758,188$13,088,604
Other current liabilities$3,400,984$3,736,001$3,999,833$4,314,366$4,439,063
Total current liabilities$15,313,722$16,437,078$16,654,386$18,072,554$17,527,667
Debt$10,844$53,356$17,848$10,686$6,095
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$21,456,873$22,926,445$21,605,564$21,519,336$21,785,557
Total long-term liabilities$21,467,717$22,979,801$21,623,412$21,530,022$21,791,652
Total liabilities$36,781,439$39,416,879$38,277,798$39,602,576$39,319,319
 
Net assets20202019201820172016
Without donor restrictions$92,144,752$76,465,979$77,297,168$80,220,945$83,802,576
With donor restrictions$67,095,860$83,018,058$71,754,142$68,517,593$72,890,928
Net assets$159,240,612$159,484,037$149,051,310$148,738,538$156,693,504
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$23,699,564$30,890,878$21,721,619$21,907,030$23,341,480
Program service revenue$114,335,870$111,931,130$109,341,476$102,095,644$95,798,801
Membership dues$0$0$0$0$0
Investment income$1,426,847$1,565,577$627,763$526,793$331,847
Other revenue$1,306,560$2,777,190$1,159,106$743,875($1,777,425)
Total other revenue$117,069,277$116,273,897$111,128,345$103,366,312$94,353,223
Total revenue$140,768,841$147,164,775$132,849,964$125,273,342$117,694,703
 
Expenses20202019201820172016
Program services$117,543,998$113,304,502$110,893,160$109,783,413$101,154,795
Management and general$20,407,206$20,734,937$19,484,324$21,540,059$20,685,042
Fundraising$2,286,700$2,544,611$2,471,087$2,611,512$2,436,103
Total expenses$140,237,904$136,584,050$132,848,571$133,934,984$124,275,940
 
Change in net assets20202019201820172016
Surplus (deficit)$530,937$10,580,725$1,393($8,661,642)($6,581,237)
Other changes in net assets$0$0$0$0$0
Total change in net assets$530,937$10,580,725$1,393($8,661,642)($6,581,237)

Compensation

NameTitleCompensation
William M WilsonPresident$554,436
R Michael CarterAthletic Director$318,870
Neal StenzelAssistant Treasurer/CFO$317,897
Kathaleen Reid-MartinezProvost/Chief Academic Officer$291,067
Laura BishopVP of Advancement$290,348
Timothy PhilleyChief Operating Officer$236,787
Paul MillsHead Men's Basketball Coach$225,204
Michael MathewsVP of Technology & Innovation$190,465
Nancy BrainardVP of Enrollment Management$177,267
Misty CussenHead Women's Basketball Coach$145,004
Sergio MatviukAssoc VP of Student Success$144,702
Adreanne CatesAssistant Secretary$60,153

Compensation data as of: 4/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 3/15/2021. To update the information below, please email: info@ministrywatch.com


History

ORU was birthed as the result of a mandate God gave founder Oral Roberts to "...build Me a university based on My authority and the Holy Spirit." God's commission to Oral Roberts was to "Raise up your students to hear My voice, to go where My light is seen dim, My voice is heard small, and My healing power is not known, even to the uttermost bounds of the earth. Their work will exceed yours, and in this I am well pleased." This private Christian liberal arts institution held its first classes in 1965 with 300 undergraduate students. The university dedication took place in 1967, with the Reverend Dr. Billy Graham as the keynote speaker.


Program accomplishments


Needs