OAKWOOD UNIVERSITY

EIN: 630366652 501(c)(3)

HUNTSVILLE, AL

Total Revenue
$67,340,745
Total Expenses
$77,013,728
Total Assets
$111,446,919
Net Assets
$77,148,787
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Financial Trends

Organization Details

Formation Year
1896
Legal Domicile
AL
Principal Officer
SABRINA COTTON
Phone
2567267024
Tax Period
2022-07-01 to 2023-06-30

OAKWOOD UNIVERSITY, founded in 1896, is a mid-sized nonprofit that reported $62.4M in total revenue in fiscal year 2017.

Mission

OAKWOOD UNIVERSITY, A HISTORICALLY BLACK SEVENTH-DAY ADVENTIST INSTITUTION OF HIGHER LEARNING, PROVIDES QUALITY CHRISTIAN EDUCATION THAT EMPHASIZES ACADEMIC EXCELLENCE; PROMOTES HARMONIOUS DEVELOPMENT OF MIND, BODY AND SPIRIT; AND PREPARES LEADERS IN SERVICE FOR GOD AND HUMANITY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $24,966,750
Program Service Revenue $39,622,784
Investment Income $528,823
Other Revenue $2,222,388
TOTAL REVENUE $67,340,745

Expense Breakdown

Grants Paid $20,122,860
Salaries & Benefits $26,167,072
Fundraising Expenses $953,060
Program Expenses $52,138,786
Other Expenses $30,723,796
TOTAL EXPENSES $77,013,728

Year-over-Year Comparison

2022 2021 Change
Revenue $67,340,745 $68,745,212 0.0%
Expenses $77,013,728 $72,386,999 +0.1%
Net Income $-9,672,983 $-3,641,787 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
35
Independent Members
35
Employees
1328
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$749,843
Total Directors
47
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN FREEDMAN MEMBER 1.00
Director
$0 $0 $0
JIM DAVIDSON MEMBER 1.00
Director
$0 $0 $0
GARY THURBER MEMBER 1.00
Director
$0 $0 $0
GARTH GABRIEL MEMBER 1.00
Director
$0 $0 $0
ED ZINKE MEMBER 1.00
Director
$0 $0 $0
DAVID WEIGLEY MEMBER 1.00
Director
$0 $0 $0
DAVID R WILLIAMS MEMBER 1.00
Director
$0 $0 $0
DAVID FREEDMAN MEMBER 1.00
Director
$0 $0 $0
KENNETH MANDERS MEMBER 1.00
Director
$0 $0 $0
CARMELA MONK CRAWFORD MEMBER 1.00
Director
$0 $0 $0
CARLTON BYRD MEMBER 1.00
Director
$0 $0 $0
CARLOS CRAIG MEMBER 1.00
Director
$0 $0 $0
CALVIN PRESTON MEMBER 1.00
Director
$0 $0 $0
CALVIN B ROCK EMERITUS MEMBER 1.00
Director
$0 $0 $0
BYRON DULAN MEMBER 1.00
Director
$0 $0 $0
BRAD NEWTON MEMBER 1.00
Director
$0 $0 $0
BENSON PRIGG MEMBER 1.00
Director
$0 $0 $0
BENJAMIN REAVES EMERITUS MEMBER 1.00
Director
$0 $0 $0
BENJAMIN JONES MEMBER 1.00
Director
$0 $0 $0
ARNE NIELSEN MEMBER 1.00
Director
$0 $0 $0
KENNETH DENSLOW MEMBER 1.00
Director
$0 $0 $0
LAURA DAVIS MEMBER 1.00
Director
$0 $0 $0
ZAVON KANION MEMBER 1.00
Director
$0 $0 $0
WITFORD REID MEMBER 1.00
Director
$0 $0 $0
WILLIAM HICKS MEMBER 1.00
Director
$0 $0 $0
VIRGIL CHILDS MEMBER 1.00
Director
$0 $0 $0
TERRY SHAW MEMBER 1.00
Director
$0 $0 $0
STEPHEN GRAY MEMBER 1.00
Director
$0 $0 $0
STEPHEN FOSTER MEMBER 1.00
Director
$0 $0 $0
SHUSHANNAH SMITH MEMBER 1.00
Director
$0 $0 $0
SHAWN HERVEY-JUMPER MEMBER 1.00
Director
$0 $0 $0
SERGIO ROMERO MEMBER 1.00
Director
$0 $0 $0
ROGER BERNARD MEMBER 1.00
Director
$0 $0 $0
ROBERT NORWOOD MEMBER 1.00
Director
$0 $0 $0
ROBERT EDWARDS MEMBER 1.00
Director
$0 $0 $0
RANDY ROBINSON MEMBER 1.00
Director
$0 $0 $0
PIERRE OMELER MEMBER 1.00
Director
$0 $0 $0
PAUL LLEWELLYN MEMBER 1.00
Director
$0 $0 $0
NYASHA SMITH-RUDDOCK MEMBER 1.00
Director
$0 $0 $0
MICHELLE RAMEY MEMBER 1.00
Director
$0 $0 $0
MICHAEL OWUSU MEMBER 1.00
Director
$0 $0 $0
MEKI BRACKEN MEMBER 1.00
Director
$0 $0 $0
MARVIN BROWN MEMBER 1.00
Director
$0 $0 $0
MARCELLUS ROBINSON MEMBER 1.00
Director
$0 $0 $0
LOIS PETERS EMERITUS MEMBER 1.00
Director
$0 $0 $0
LINDA SEAL MEMBER 1.00
Director
$0 $0 $0
ABRAHAM JULES MEMBER 1.00
Director
$0 $0 $0
LESLIE N POLLARD PRESIDENT 50.00
Officer
$132,009 $27,578 $159,587
JAMES MBYIRUKIRA PROVOST 40.00
Officer
$80,000 $26,120 $106,120
PRUDENCE LABEACH POLLARD VP FACULTY DEVELOPMENT 40.00
Officer
$80,000 $63,423 $143,423
KAREN BENN MARSHALL VP ERDN 40.00
Officer
$76,000 $39,003 $115,003
DAVID RICHARDSON VP ENROLLMENT SERVICES 40.00
Officer
$76,000 $31,120 $107,120
G ALEXANDER BRYANT CHAIRMAN 1.00
Officer
$0 $0 $0
CALVIN WATKINS VICE CHAIR 1.00
Officer
$0 $0 $0
KOYSHIN AHN CO-CHAIR 1.00
Officer
$0 $0 $0
RON C SMITH VICE CHAIR 1.00
Officer
$0 $0 $0
RALPH REID VICE CHAIR 1.00
Officer
$0 $0 $0
SABRINA COTTON VP FINANCIAL AFFAIRS 50.00
Officer
$76,000 $42,590 $118,590
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $67,340,745 $77,013,728 $111,446,919 $-9,672,983
2022 $68,745,212 $72,386,999 $120,064,681 $-3,641,787
2021 $64,178,393 $61,467,355 $115,223,075 $2,711,038
2020 $65,439,596 $64,752,168 $104,408,271 $687,428
2019 $63,581,649 $62,216,416 $101,474,881 $1,365,233
2018 $62,425,532 $60,681,506 $99,736,770 $1,744,026
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