OKLAHOMA BAPTIST UNIVERSITY (EIN 730579264) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1910

Legal Domicile

Principal Officer

DR HEATH THOMAS

Phone

4055855801

Tax Period

2024-06-01 to 2025-05-31

OKLAHOMA BAPTIST UNIVERSITY, founded in 1910, is a mid-sized nonprofit in the Education sector that reported $76.0M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $309.4M represent 49 months of operating reserves.

Mission

A CHRISTIAN LIBERAL ARTS UNIVERSITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,499,648

Program Service Revenue $57,584,390

Investment Income $8,278,793

Other Revenue $1,662,829

TOTAL REVENUE $76,025,660

Expense Breakdown

Grants Paid $28,608,561

Salaries & Benefits $24,633,276

Fundraising Expenses $1,501,589

Program Expenses $68,941,080

Other Expenses $25,505,954

TOTAL EXPENSES $78,864,062

Year-over-Year Comparison

	2024	2023	Change
Revenue	$76,025,660	$96,576,340	-0.2%
Expenses	$78,864,062	$74,662,756	+0.1%
Net Income	$-2,838,402	$21,913,584	-1.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1016

Volunteers

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

$452,797

Total Directors

$2,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT MORRIS	VICE-CHAIRMAN (PART YEAR)/CHAIRMAN	0.50	Officer Director	$2,700	$0	$2,700
BRYAN LARAMORE	TRUSTEE (PART YEAR)/VICE-CHAIRMAN	0.50	Officer Director	$0	$0	$0
MATT BROWN	SECRETARY	0.50	Officer Director	$0	$0	$0
NICK ATYIA	TREASURER	0.50	Officer Director	$0	$0	$0
ERIC COSTANZO	CHAIRMAN (PART YEAR)	0.50	Officer Director	$0	$0	$0
AUBREY CHAPIN	TRUSTEE	0.50	Director	$0	$0	$0
CALEB SCOTT	TRUSTEE	0.50	Director	$0	$0	$0
CHAD WILSIE	TRUSTEE	0.50	Director	$0	$0	$0
CINDY SCHMIDT	TRUSTEE	0.50	Director	$0	$0	$0
GLENETTE RUSSELL	TRUSTEE	0.50	Director	$0	$0	$0
JONATHAN PICKETT	TRUSTEE	0.50	Director	$0	$0	$0
JUSTIN SAMPLER	TRUSTEE	0.50	Director	$0	$0	$0
KARI JONES	TRUSTEE	0.50	Director	$0	$0	$0
KYLE LILLIE	TRUSTEE	0.50	Director	$0	$0	$0
LES LEDBETTER	TRUSTEE	0.50	Director	$0	$0	$0
MICHAEL CARTER	TRUSEE	0.50	Director	$0	$0	$0
RYAN ALDRICH	TRUSTEE	0.50	Director	$0	$0	$0
STEVE BAGWELL	TRUSTEE	0.50	Director	$0	$0	$0
STEVE HALL	TRUSTEE	0.50	Director	$0	$0	$0
BRYAN PAIN	TRUSTEE	0.50	Director	$0	$0	$0
STEVE WAECHTER	TRUSTEE	0.50	Director	$0	$0	$0
JOSHUA WELLS	TRUSTEE	0.50	Director	$0	$0	$0
RANDY BUTLER	TRUSTEE	0.50	Director	$0	$0	$0
MONTY HALE	TRUSTEE	0.50	Director	$0	$0	$0
KENT JAGGERS	TRUSTEE	0.50	Director	$0	$0	$0
JOHN HENRY	TRUSTEE	0.50	Director	$0	$0	$0
DANY DANIEL	TRUSTEE	0.50	Director	$0	$0	$0
TRE LANDRUM	TRUSTEE	0.50	Director	$0	$0	$0
JONATHAN BEAMES	TRUSTEE	0.50	Director	$0	$0	$0
TANNER BLOSSER	TRUSTEE	0.50	Director	$0	$0	$0
SARA HOLMES	TRUSTEE	0.50	Director	$0	$0	$0
TODD FISHER	TRUSTEE	0.50	Director	$0	$0	$0
SAM GARLOW	TRUSTEE (PART YEAR)	0.50	Director	$0	$0	$0
BRIAN WADDELL	TRUSTEE (PART YEAR)	0.50	Director	$0	$0	$0
JOHN LEE	TRUSTEE (PART YEAR)	0.50	Director	$0	$0	$0
LES MILLER	TRUSTEE (PART YEAR)	0.50	Director	$0	$0	$0
PENNY KLIMAS	TRUSTEE (PART YEAR)	0.50	Director	$0	$0	$0
HEATH THOMAS	PRESIDENT	50.00	Officer	$206,550	$70,432	$276,982
RANDY SMITH	CFO/EVP BUS. & ADMIN SVCS	50.00	Officer	$151,668	$21,447	$173,115
MATTHEW EMERSON	CO-PROVOST, DEAN OF THEOLOGY, ARTS & HUMANITIES	50.00	Highest	$162,319	$23,649	$185,968
TIMOTHY RASNIC	VICE PRESIDENT OF ADVANCEMENT	50.00	Highest	$137,110	$6,287	$143,397
LARINEE DENNIS	CO-PROVOST, DEAN OF BUSINESS, HEALTH, SCIENCE & ED	50.00	Highest	$145,238	$24,974	$170,212
CHARLES BAUKAL	DIRECTOR OF ENGINEERING, ASSOC PROF OF ENGINEERING	50.00	Highest	$143,320	$18,184	$161,504
JOSHUA SHOFFNER	VICE PRESIDENT OF TECHNOLOGY & DIGITAL INNOVATION	50.00	Highest	$124,156	$21,228	$145,384

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	$76,025,660	$78,864,062	$336,614,650	$-2,838,402
2024	$96,576,340	$74,662,756	$326,628,425	$21,913,584
2023	$87,876,338	$77,857,878	$314,549,066	$10,018,460
2022	$82,485,292	$70,852,162	$299,250,715	$11,633,130
2021	$80,964,114	$73,125,608	$289,242,729	$7,838,506
2020	$100,424,858	$73,598,410	$254,941,936	$26,826,448
2019	$79,802,149	$75,929,443	$234,851,359	$3,872,706
2018	$78,842,058	$76,774,464	$236,085,044	$2,067,594

OKLAHOMA BAPTIST UNIVERSITY