OKLAHOMA BAPTIST HOMES FOR CHILDREN INC

EIN: 731435473 501(c)(3) Human Services

Oklahoma City, OK

Total Revenue
$17,230,883
Total Expenses
$16,943,476
Total Assets
$122,546,574
Net Assets
$119,129,030
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Organization Details

Formation Year
1993
Legal Domicile
OK
Principal Officer
James Swain
Phone
4059423800
Tax Period
2023-01-01 to 2023-12-31

OKLAHOMA BAPTIST HOMES FOR CHILDREN INC, founded in 1993, is a mid-sized nonprofit in the Human Services sector that reported $17.2M in total revenue in fiscal year 2023. Net assets of $119.1M represent 83 months of operating reserves.

Mission

Oklahoma Baptist Homes for Children exists to show and share the love of Christ to children and their families.

Program Service Accomplishments

Program 1
Expenses: $9,348,162 Revenue: $8,475

Child-Focused and Family-Focused Care: Oklahoma Baptist Homes for Children (OBHC) is the largest provider of private not-for-profit, residential childcare in the state, placing children in a safe...

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Child-Focused and Family-Focused Care: Oklahoma Baptist Homes for Children (OBHC) is the largest provider of private not-for-profit, residential childcare in the state, placing children in a safe Christian environment. In child-focused care, up to eight children are placed in a cottage-style home under the supervision of a houseparent couple. From meals and bible studies to campus programs and education, staff members strive to help shape children into caring, capable adults. Transitional Living programs are available to them after high school graduation, as they continue their education. During 2023, OBHC served 91 children through its child-focused care ministry, while another 16 lived in Transitional Living. 16 children accepted Christ as their Savior during 2023. Family-focused care is a ministry developed to help single mothers and their children, who may have limited or no support. The goal is to help these families become productive and more self-sufficient by providing a stable and nurturing place to live while equipping, assisting, and teaching important skills. Areas include parenting skills, career development, spiritual development, church involvement, relational needs, money management, and education. During 2023, 38 mothers and 73 children were served and 4 accepted Christ.

Program 2
Expenses: $2,813,657 Revenue: $610

The Hope Pregnancy Center ministry (HPC) offers free, confidential, medical-grade pregnancy testing and education on all pregnancy options. Ultrasounds are used to determine pregnancy and gestational...

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The Hope Pregnancy Center ministry (HPC) offers free, confidential, medical-grade pregnancy testing and education on all pregnancy options. Ultrasounds are used to determine pregnancy and gestational age. Empowered Parenthood classes on pregnancy and baby care are offered for expectant moms and dads. Adoption education and referrals are available and abortion recovery classes are provided for those hurting from abortion. HPC has 7 locations throughout Oklahoma in addition to a mobile unit. During 2023, 134 individuals accepted Christ through the Hope Pregnancy Center ministry. HPC served 2,942 individuals and 1,165 ultrasounds were provided, with 78% choosing life for their babies. HPC also had 496 mothers and fathers participate in Empowered Parenting classes.

Program 3
Expenses: $103,109 Revenue: $0

Through church partnerships, Foster Care Ministries provides training opportunities and other events that equip and encourage foster and adoptive parents. Training opportunities help these families...

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Through church partnerships, Foster Care Ministries provides training opportunities and other events that equip and encourage foster and adoptive parents. Training opportunities help these families meet annual in-service requirements. Training is provided through in-person events and our online platform. During 2023, 38 referrals were sent by Oklahoma Baptist Homes for Children to foster/adoptive agencies, 40 churches were assisted in starting a foster care ministry, and 3,591 total training hours were provided, serving 573 adults and 109 children. 3 individuals accepted Christ as their savior through this ministry during 2023.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,358,424
Program Service Revenue $9,085
Investment Income $5,303,340
Other Revenue $560,034
TOTAL REVENUE $17,230,883

Expense Breakdown

Grants Paid $6,267
Salaries & Benefits $8,734,857
Fundraising Expenses $2,865,950
Program Expenses $12,264,928
Other Expenses $8,194,349
TOTAL EXPENSES $16,943,476

Year-over-Year Comparison

2023 2022 Change
Revenue $17,230,883 $16,643,669 +0.0%
Expenses $16,943,476 $14,373,680 +0.2%
Net Income $287,407 $2,269,989 -0.9%
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
25
Independent Members
25
Employees
217
Volunteers
1043

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
6
$699,300
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Williams Executive Vice President 40
Officer
$126,820 $22,670 $149,490
James Swain President 40
Officer
$66,394 $80,946 $147,340
Malcolm Philips Vice President of Programs 40
Officer
$93,906 $41,637 $135,543
Steven Floyd Chief Financial Officer 40
Officer
$81,790 $34,425 $116,215
Melissa Litke Corporate Secretary 40
Officer
$68,572 $43,906 $112,478
Amy Halverson Corporate Secretary 40
Officer
$30,320 $7,914 $38,234
Angela Arthaud Trustee 2
Director
$0 $0 $0
Jennifer Barnes Trustee 2
Director
$0 $0 $0
Candace Bennight Trustee 2
Director
$0 $0 $0
Jennifer Blocker Trustee 2
Director
$0 $0 $0
Jan Bradstreet Trustee 2
Director
$0 $0 $0
Cayci Brickman Trustee 2
Director
$0 $0 $0
Gayla Bynum Trustee 2
Director
$0 $0 $0
Dan Calhoun Trustee 2
Director
$0 $0 $0
DJ Carney Trustee 2
Director
$0 $0 $0
Bill Clark Trustee 2
Director
$0 $0 $0
Henriatta Clarke Trustee 2
Director
$0 $0 $0
Connie Collins Trustee 2
Director
$0 $0 $0
Ross Crutchfield Trustee 2
Director
$0 $0 $0
James Easley Trustee 2
Director
$0 $0 $0
Todd Fisher Ex-Officio Voting Member 2
Director
$0 $0 $0
Mike Geiger Chairman 2
Director
$0 $0 $0
Kerry Glasgow Trustee 2
Director
$0 $0 $0
Tamara Goeken Vice Chairwoman 2
Director
$0 $0 $0
Jacquie Jemison Trustee 2
Director
$0 $0 $0
Stewart Kennedy Trustee 2
Director
$0 $0 $0
David Moore Trustee 2
Director
$0 $0 $0
Kellie Muller Trustee 2
Director
$0 $0 $0
Kristy Nofsinger Trustee 2
Director
$0 $0 $0
Mark Olmstead Trustee 2
Director
$0 $0 $0
Connie Quattlebaum Trustee 2
Director
$0 $0 $0
Cristin Shelby Trustee 2
Director
$0 $0 $0
Edie Stewart Trustee 2
Director
$0 $0 $0
Matt Townsend Trustee 2
Director
$0 $0 $0
Millie Vance Trustee 2
Director
$0 $0 $0
Doug White Trustee 2
Director
$0 $0 $0
John Workun Trustee 2
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $17,230,883 $16,943,476 $122,546,574 $287,407
2022 $16,643,669 $14,373,680 $119,739,772 $2,269,989
2021 $17,899,757 $12,645,958 $118,462,947 $5,253,799
2020 $14,040,239 $12,485,763 $101,920,284 $1,554,476
2019 $12,797,216 $12,960,733 $96,990,431 $-163,517
2018 $15,385,376 $12,924,656 $91,178,574 $2,460,720
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