Oral Roberts University

The information on this page was last updated 11/22/2022. 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 rating220 of 102520 of 117
Fund acquisition rating56 of 102715 of 117
Resource allocation rating578 of 102765 of 117
Asset utilization rating407 of 102536 of 117

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
13%5%10%8%11%12%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%2%2%2%2%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
14%25%17%21%16%17%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
2%2%2%2%2%2%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
86%75%83%79%84%83%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
84%84%84%83%83%82%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%87%100%93%100%107%
Program output ratio Program output ratio =
Program services /
Total revenue
80%73%84%77%83%88%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%13%0%7%0%-7%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%11%0%7%0%-6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
13%15%15%15%15%16%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.500.620.720.690.710.71
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.712.633.823.593.643.60
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.601.632.732.462.582.56
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.384.853.353.373.092.90
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.210.300.300.320.35
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.975.863.083.433.153.07
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
26%16%19%20%20%21%
Debt ratio Debt ratio =
Debt /
Total assets
16%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
140%135%114%117%112%111%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$60,851,210$29,192,824$30,559,449$22,685,749$27,118,159
Receivables, inventories, prepaids$6,314,538$8,954,249$9,473,507$12,306,194$6,956,683
Short-term investments$15,388,261$13,192,523$15,408,742$16,515,689$18,283,171
Other current assets$0$0$0$0$0
Total current assets$82,554,009$51,339,596$55,441,698$51,507,632$52,358,013
Long-term investments$17,927,343$20,500,633$22,948,100$24,918,278$0
Fixed assets$113,455,941$120,938,169$117,549,019$107,383,613$108,552,870
Other long-term assets$3,164,659$3,243,653$2,962,099$3,519,585$27,430,231
Total long-term assets$134,547,943$144,682,455$143,459,218$135,821,476$135,983,101
Total assets$217,101,952$196,022,051$198,900,916$187,329,108$188,341,114
 
Liabilities20212020201920182017
Payables and accrued expenses$13,942,549$11,912,738$12,701,077$12,654,553$13,758,188
Other current liabilities$3,070,445$3,400,984$3,736,001$3,999,833$4,314,366
Total current liabilities$17,012,994$15,313,722$16,437,078$16,654,386$18,072,554
Debt$28,759$10,844$53,356$17,848$10,686
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$18,177,092$21,456,873$22,926,445$21,605,564$21,519,336
Total long-term liabilities$18,205,851$21,467,717$22,979,801$21,623,412$21,530,022
Total liabilities$35,218,845$36,781,439$39,416,879$38,277,798$39,602,576
 
Net assets20212020201920182017
Without donor restrictions$88,168,231$92,144,752$76,465,979$77,297,168$80,220,945
With donor restrictions$93,714,876$67,095,860$83,018,058$71,754,142$68,517,593
Net assets$181,883,107$159,240,612$159,484,037$149,051,310$148,738,538
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$37,845,876$23,699,564$30,890,878$21,721,619$21,907,030
Program service revenue$112,437,091$114,335,870$111,931,130$109,341,476$102,095,644
Membership dues$0$0$0$0$0
Investment income$1,501,259$1,426,847$1,565,577$627,763$526,793
Other revenue$2,278,476$1,306,560$2,777,190$1,159,106$743,875
Total other revenue$116,216,826$117,069,277$116,273,897$111,128,345$103,366,312
Total revenue$154,062,702$140,768,841$147,164,775$132,849,964$125,273,342
 
Expenses20212020201920182017
Program services$112,588,609$117,543,998$113,304,502$110,893,160$109,783,413
Management and general$19,680,056$20,407,206$20,734,937$19,484,324$21,540,059
Fundraising$2,050,887$2,286,700$2,544,611$2,471,087$2,611,512
Total expenses$134,319,552$140,237,904$136,584,050$132,848,571$133,934,984
 
Change in net assets20212020201920182017
Surplus (deficit)$19,743,150$530,937$10,580,725$1,393($8,661,642)
Other changes in net assets$0$0$0$0$0
Total change in net assets$19,743,150$530,937$10,580,725$1,393($8,661,642)

Compensation

NameTitleCompensation
William M WilsonPresident$495,131
Neal StenzelAssistant Treasurer$312,896
R Michael CarterAthletic Director$303,568
Kathaleen Reid-MartinezProvost/Chief Academic Officer$269,109
Paul MillsMen's Head Basketball Coach$238,025
Timothy PhilleyChief Operating Officer$235,660
Michael MathewsVP of Technology and Innovation$200,396
Nancy BrainardVP of Enrollment Management$173,516
Misti CussenWomen's Head Basketball Coach$151,965
Adreanne CatesAssistant Secretary$67,313

Compensation data as of: 4/30/2021


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 11/22/2022. 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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