Oral Roberts University

The information on this page was last updated 11/22/2023. If you see errors or omissions, please email: [email protected]


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: [email protected]


Organization details

EIN: 730739626

CEO/President: William M Wilson

Chairman: Holly Moore

Board size: 32

Founder: Oral Roberts

Ruling year: 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

1. We believe the Bible to be the inspired, authoritative, and infallible Word of God (2 Timothy 3:16).
2. We believe that there is one God, eternally existent in three persons: Father, Son, and Holy Spirit (1 John 5:4-7).
3. We believe in the deity of our Lord Jesus Christ, in His virgin birth, His sinless life, in His miracles, in His vicarious and atoning death through His shed blood, in His bodily resurrection, in His ascension to the right hand of the Father and in His personal return in power and glory (1 Corinthians 15:3; 1 Peter 2:21-24; John 3:16).
4. We believe that for the salvation of lost and sinful man, regeneration by the Holy Spirit is absolutely essential (Romans 3:21-30; Galatians 4:4-7).
5. We believe the redemptive work of Christ on the cross provides healing for body, mind, and spirit in answer to believing prayer (Isaiah 53:5; 1 Peter 2:24; James 5:14-16).
6. We believe in the present ministry of the Holy Spirit who indwells every believer and operates in all believers in the power of the gifts of the Spirit manifesting them as He wills (John 14:16; Acts 1:5, 8; 2:2-4; 1 Corinthians 12-14; Galatians 5:22-23).
7. We believe in the resurrection of both the saved and the lost; they that are saved unto the resurrection of life and they that are lost unto the resurrection of damnation (John 5:24, 28-29).
8. We believe in the spiritual unity of believers in our Lord Jesus Christ, and seek community together, to "become more and more in every way like Christ who is the Head of his body, the church" (Ephesians 4:15-16).

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating177 of 110421 of 129
Fund acquisition rating85 of 110512 of 129
Resource allocation rating446 of 110557 of 129
Asset utilization rating450 of 110458 of 129

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
9%3%5%10%8%11%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%1%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
22%34%25%17%21%16%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%1%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
78%66%75%83%79%84%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%86%84%84%83%83%
Spending ratio Spending ratio =
Total expenses /
Total revenue
95%76%87%100%93%100%
Program output ratio Program output ratio =
Program services /
Total revenue
77%65%73%84%77%83%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
5%24%13%0%7%0%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%21%11%0%7%0%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%13%15%15%15%15%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.510.550.620.720.690.71
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.612.202.633.823.593.64
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.401.201.632.732.462.58
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.634.184.853.353.373.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.120.240.210.300.300.32
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
7.377.615.863.083.433.15
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
24%17%16%19%20%20%
Debt ratio Debt ratio =
Debt /
Total assets
11%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
151%153%135%114%117%112%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$99,469,040$60,851,210$29,192,824$30,559,449$22,685,749
Receivables, inventories, prepaids$8,897,086$6,314,538$8,954,249$9,473,507$12,306,194
Short-term investments$13,296,623$15,388,261$13,192,523$15,408,742$16,515,689
Other current assets$0$0$0$0$0
Total current assets$121,662,749$82,554,009$51,339,596$55,441,698$51,507,632
Long-term investments$15,161,031$17,927,343$20,500,633$22,948,100$24,918,278
Fixed assets$126,155,192$113,455,941$120,938,169$117,549,019$107,383,613
Other long-term assets$4,491,857$3,164,659$3,243,653$2,962,099$3,519,585
Total long-term assets$145,808,080$134,547,943$144,682,455$143,459,218$135,821,476
Total assets$267,470,829$217,101,952$196,022,051$198,900,916$187,329,108
 
Liabilities20222021202020192018
Payables and accrued expenses$25,959,507$13,942,549$11,912,738$12,701,077$12,654,553
Other current liabilities$3,123,999$3,070,445$3,400,984$3,736,001$3,999,833
Total current liabilities$29,083,506$17,012,994$15,313,722$16,437,078$16,654,386
Debt$46,963$28,759$10,844$53,356$17,848
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$15,308,279$18,177,092$21,456,873$22,926,445$21,605,564
Total long-term liabilities$15,355,242$18,205,851$21,467,717$22,979,801$21,623,412
Total liabilities$44,438,748$35,218,845$36,781,439$39,416,879$38,277,798
 
Net assets20222021202020192018
Without donor restrictions$88,832,162$88,168,231$92,144,752$76,465,979$77,297,168
With donor restrictions$134,199,919$93,714,876$67,095,860$83,018,058$71,754,142
Net assets$223,032,081$181,883,107$159,240,612$159,484,037$149,051,310
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$64,395,074$37,845,876$23,699,564$30,890,878$21,721,619
Program service revenue$120,038,832$112,437,091$114,335,870$111,931,130$109,341,476
Membership dues$0$0$0$0$0
Investment income$5,554,853$1,501,259$1,426,847$1,565,577$627,763
Other revenue$1,950,774$2,278,476$1,306,560$2,777,190$1,159,106
Total other revenue$127,544,459$116,216,826$117,069,277$116,273,897$111,128,345
Total revenue$191,939,533$154,062,702$140,768,841$147,164,775$132,849,964
 
Expenses20222021202020192018
Program services$124,983,941$112,588,609$117,543,998$113,304,502$110,893,160
Management and general$19,009,978$19,680,056$20,407,206$20,734,937$19,484,324
Fundraising$2,061,425$2,050,887$2,286,700$2,544,611$2,471,087
Total expenses$146,055,344$134,319,552$140,237,904$136,584,050$132,848,571
 
Change in net assets20222021202020192018
Surplus (deficit)$45,884,189$19,743,150$530,937$10,580,725$1,393
Other changes in net assets$0$0$0$0$0
Total change in net assets$45,884,189$19,743,150$530,937$10,580,725$1,393

Compensation

NameTitleCompensation
William M WilsonPresident$593,446
Paul MillsMen's Head Basketball Coach$361,779
Neal StenzelAssistant Treasurer/CFO$315,688
Kathaleen Reid-MartinezProvost/Chief Academic Officer$295,994
R Michael CarterVP of Development/Alumni$285,238
Timothy PhilleyChief Operating Officer$250,654
Michael MathewsVP of Technology and Innovation$200,974
Tim JohnsonAthletic Director$174,800
Misti CussenWomen's Head Basketball Coach$155,095
Janice ScottAssistant Secretary$45,335

Compensation data as of: 4/30/2022


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 11/22/2023. To update the information below, please email: [email protected]


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


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