Oral Roberts University

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

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating344 of 58529 of 52
Fund acquisition rating268 of 58519 of 52
Resource allocation rating250 of 58529 of 52
Asset utilization rating464 of 58529 of 52

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%11%12%10%9%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%2%2%2%2%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
94%16%17%20%24%26%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%2%2%2%2%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
6%84%83%80%76%74%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%83%82%81%80%80%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%100%107%106%100%94%
Program output ratio Program output ratio =
Program services /
Total revenue
80%83%88%86%79%75%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%0%-7%-6%0%6%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%0%-6%-4%0%4%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%15%16%17%18%17%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.080.710.710.630.600.57
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.693.643.603.313.263.56
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.182.582.562.101.952.04
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.843.092.903.383.853.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.320.350.300.260.26
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.713.153.074.034.564.37
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%20%21%20%19%18%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%10%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
75%112%111%126%136%143%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$22,685,749$27,118,159$28,870,340$32,229,499$35,552,814
Receivables, inventories, prepaids$12,306,194$6,956,683$10,055,570$11,726,518$9,555,309
Short-term investments$16,515,689$18,283,171$20,294,504$17,834,507$10,912,743
Other current assets$0$0$0$0$0
Total current assets$51,507,632$52,358,013$59,220,414$61,790,524$56,020,866
Long-term investments$24,918,278$0$0$0$0
Fixed assets$107,383,613$108,552,870$108,554,124$112,111,515$114,758,214
Other long-term assets$3,519,585$27,430,231$28,238,285$27,414,789$28,483,261
Total long-term assets$135,821,476$135,983,101$136,792,409$139,526,304$143,241,475
Total assets$187,329,108$188,341,114$196,012,823$201,316,828$199,262,341
 
Liabilities20182017201620152014
Payables and accrued expenses$12,654,553$13,758,188$13,088,604$12,214,037$11,905,926
Other current liabilities$3,999,833$4,314,366$4,439,063$3,823,943$2,468,021
Total current liabilities$16,654,386$18,072,554$17,527,667$16,037,980$14,373,947
Debt$17,848$10,686$6,095$5,298$20,044,208
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$21,605,564$21,519,336$21,785,557$21,873,157$1,815,392
Total long-term liabilities$21,623,412$21,530,022$21,791,652$21,878,455$21,859,600
Total liabilities$38,277,798$39,602,576$39,319,319$37,916,435$36,233,547
 
Net assets20182017201620152014
Unrestricted$77,297,168$80,220,945$83,802,576$87,415,014$90,164,624
Temporarily restricted$28,203,063$25,538,482$30,994,004$34,631,824$31,737,466
Permanently restricted$43,551,079$42,979,111$41,896,924$41,353,555$41,126,704
Net assets$149,051,310$148,738,538$156,693,504$163,400,393$163,028,794
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$21,721,619$21,907,030$23,341,480$28,884,775$31,028,115
Program service revenue$109,341,476$102,095,644$95,798,801$92,523,073$90,041,649
Membership dues$0$0$0$0$0
Investment income$627,763$526,793$331,847$774,033$788,208
Other revenue$1,159,106$743,875($1,777,425)($1,195,778)($741,313)
Total other revenue$111,128,345$103,366,312$94,353,223$92,101,328$90,088,544
Total revenue$132,849,964$125,273,342$117,694,703$120,986,103$121,116,659
 
Expenses20182017201620152014
Program services$110,893,160$109,783,413$101,154,795$96,148,059$91,092,644
Management and general$19,484,324$21,540,059$20,685,042$21,833,091$19,571,292
Fundraising$2,471,087$2,611,512$2,436,103$2,500,670$3,702,970
Total expenses$132,848,571$133,934,984$124,275,940$120,481,820$114,366,906
 
Change in net assets20182017201620152014
Surplus (deficit)$1,393($8,661,642)($6,581,237)$504,283$6,749,753
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,393($8,661,642)($6,581,237)$504,283$6,749,753

Response from ministry

No response has been provided by this ministry.


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