Civic Intelligence

Oklahoma Wesleyan University

EIN 73-6085616 • 501(c)3 • Bartlesville, OK

View Organization Page

Profile

As a christian university of the wesleyan church, oklahoma wesleyan university models a way of thought, a way of life, and a way of faith. It is a place of serious study, honest questions, and critical engagement, all in the context of a liberal arts community that honors the primacy of jesus christ, the priority of scripture, the pursuit of truth, and the practice of wisdom.

2201 Silver Lake RoadBartlesville, OK 74006

www.okwu.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.07x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

21st percentile

0.10x

Higher debt load relative to revenue than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

50th percentile

4.6%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

27th percentile

0.3%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2025

Revenue Growth

32nd percentile

1.0%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$44,722,325

Up $2,751,777 (+6.6%) from 2024

Liabilities

Up

$3,339,418

Up $1,263,698 (+61%) from 2024

Net Assets

Up

$41,382,907

Up $1,488,079 (+3.7%) from 2024

Operations
Liabilities / Revenue21st percentileNet Margin50th percentile

Revenue

Up

$32,209,787

Up $4,764,014 (+17%) from 2024

Expenses

Up

$30,722,667

Up $1,479,071 (+5.1%) from 2024

Net Income

Up

$1,487,120

Up $3,284,943 (+183%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth27th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $25,401,525Liabilities 2011: $2,222,415Net Assets 2011: $23,179,1102011Assets 2012: $30,771,176Liabilities 2012: $3,023,659Net Assets 2012: $27,747,5172012Assets 2013: $34,945,628Liabilities 2013: $2,645,743Net Assets 2013: $32,299,8852013Assets 2014: $36,957,824Liabilities 2014: $2,529,260Net Assets 2014: $34,428,5642014Assets 2021: $43,343,629Liabilities 2021: $1,969,233Net Assets 2021: $41,374,3962021Assets 2022: $44,361,815Liabilities 2022: $2,150,009Net Assets 2022: $42,211,8062022Assets 2023: $43,390,427Liabilities 2023: $1,942,358Net Assets 2023: $41,448,0692023Assets 2024: $41,970,548Liabilities 2024: $2,075,720Net Assets 2024: $39,894,8282024Assets 2025: $44,722,325Liabilities 2025: $3,339,418Net Assets 2025: $41,382,9072025

Highlighted filing

2025

Assets$44,722,325
Liabilities$3,339,418
Net Assets$41,382,907
Open 2025 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2011: $19,650,7892011Revenue 2012: $24,661,869Expenses 2012: $20,009,421Net Income 2012: $4,652,4482012Revenue 2013: $25,462,956Expenses 2013: $21,035,619Net Income 2013: $4,427,3372013Revenue 2014: $24,369,997Expenses 2014: $22,909,532Net Income 2014: $1,460,4652014Revenue 2021: $28,422,730Expenses 2021: $27,970,192Net Income 2021: $452,5382021Revenue 2022: $31,288,107Expenses 2022: $28,961,621Net Income 2022: $2,326,4862022Revenue 2023: $27,397,112Expenses 2023: $28,674,967Net Income 2023: -$1,277,8552023Revenue 2024: $27,445,773Expenses 2024: $29,243,596Net Income 2024: -$1,797,8232024Revenue 2025: $32,209,787Expenses 2025: $30,722,667Net Income 2025: $1,487,1202025

Highlighted filing

2025

Revenue$32,209,787
Expenses$30,722,667
Net Income$1,487,120
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,722,325
Liabilities
$3,339,418
Net assets
$41,382,907
Revenue
$32,209,787
Expenses
$30,722,667
Net income
$1,487,120
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$44.7$3.34$41.4$32.2$30.7$1.49
2024Detailed filing. Detailed filing data is available for this year.$42.0$2.08$39.9$27.4$29.2$1.80
2023Detailed filing. Detailed filing data is available for this year.$43.4$1.94$41.4$27.4$28.7$1.28
2022Detailed filing. Detailed filing data is available for this year.$44.4$2.15$42.2$31.3$29.0$2.33
2021Detailed filing. Detailed filing data is available for this year.$43.3$1.97$41.4$28.4$28.0$0.45
2014Summary only. Only limited summary data is available for this year.$37.0$2.53$34.4$24.4$22.9$1.46
2013Summary only. Only limited summary data is available for this year.$34.9$2.65$32.3$25.5$21.0$4.43
2012Summary only. Only limited summary data is available for this year.$30.8$3.02$27.7$24.7$20.0$4.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.4$2.22$23.2$19.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 19, 2025
Return Version
2024v5.2
Gross Receipts
$52,078,543
Mission and Program Overview

Mission

As a christian university of the wesleyan church, oklahoma wesleyan university models a way of thought, a way of life, and a way of faith. It is a place of serious study, honest questions, and critical engagement, all in the context of a liberal arts community that honors the primacy of jesus christ, the priority of scripture, the pursuit of truth, and the practice of wisdom.

Christian education of students

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,880,754$25,479,073▲ $1,598,319
Investments in Publicly Traded Securities$10,007,022$11,327,390▲ $1,320,368
Savings and Temporary Cash Investments$5,984,322$5,133,473▼ $850,849
Investments Other Securities$562,264$1,212,408▲ $650,144
Accounts Receivable$607,226$702,161▲ $94,935
Prepaid Expenses and Deferred Charges$676,242$447,161▼ $229,081
Pledges and Grants Receivable$79,676$273,249▲ $193,573
Investments Program Related$63,530$55,126▼ $8,404
Inventories for Sale or Use$19,134$28,964▲ $9,830
Cash and Non-Interest-Bearing Accounts$3,555$4,064▲ $509
Total Assets$41,970,548$44,722,325▲ $2,751,777
Other Assets Total$86,823$59,256▼ $27,567
Liabilities
Accounts Payable and Accrued Expenses$1,379,336$1,355,688▼ $23,648
Mortgage Notes Payable Secured by Investment Property-$1,299,649-
Deferred Revenue$282,650$396,967▲ $114,317
Other Liabilities$270,734$144,114▼ $126,620
Unsecured Notes Loans Payable$143,000$143,000→ $0
Total Liabilities$2,075,720$3,339,418▲ $1,263,698
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$28,003,390$27,064,423▼ $938,967
Net Assets With Donor Restrictions$11,891,438$14,318,484▲ $2,427,046
Total Net Assets Fund Balance$39,894,828$41,382,907▲ $1,488,079
Total Liabilities and Net Assets / Fund Balance$41,970,548$44,722,325▲ $2,751,777

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,311,517$18,882,532$39,194,049
Equipment$1,282,842$11,418,973$12,701,815
Other Land Buildings$2,783,101$438,189$3,221,290
Land$1,101,613-$1,101,613

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$11,335,922$722,514▲ $1,538,358$362,797$13,233,997
2024$10,602,037$14,429▲ $935,578$216,122$11,335,922
2023$9,442,913$648,041▲ $740,612$229,529$10,602,037
2022$10,115,370$374,455▼ $858,200$188,712$9,442,913
2021$8,317,162$87,959▲ $1,899,559$189,310$10,115,370
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
James DunnPresidentFT$176,820$47,373$224,193
Thomas ListerAssociate ProvostFT$130,965$33,290$164,255
Kevin OsbornSenior VP, Enrollment ManagementFT$129,475$33,246$162,721
Keri BostwickProvostFT$125,200$28,951$154,151
Kyle WhiteVP for Student AffairsFT$121,814$31,676$153,490
Wendel WeaverDean, School of BusinessFT$111,002$32,675$143,677
Michael HoodCFOFT$89,625$11,099$100,724

Board Members and Trustees

NameTitle
Abel LedezmaTrustee
Billy WilsonTrustee
Don WalkerTrustee
Doug WallTrustee
Ed RotzTrustee
Erica FarmerTrustee
James OcchipintiTrustee
Jeff GreenwayTrustee
John QuinnTrustee
Jon OttenTrustee
Jordan McfallTrustee
Kathy WhiteTrustee
Katy KinnanTrustee
Kyle HubbardTrustee
Mark FuhrTrustee
Marla HoyerTrustee
Max ColawTrustee
Mike SkorTrustee
Nate RovenstineTrustee
Peter SalmonTrustee
Phill TagueTrustee
Rich MoorlachTrustee
Robert BingamanTrustee
Roger MetcalfTrustee
Roger SkellyTrustee
Stephen ColawTrustee
Steve BabbyTrustee
Ward KoeserTrustee
Wes SmithTrustee
Yorton ClarkTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Stout Construction INCConstruction Services9500 N 129TH E AVE SUITE 201, Owasso, OK 74055$1,925,045
Pioneer College CaterersCampus Food Service2201 SILVER LAKE ROAD, Bartlesville, OK 74006$1,222,548
EnrollmentfuelEnrollment Management136 E ROSEMARY STREET SUITE 100, Chapel Hill, NC 27514$649,140
Solid Roofing INCRoofing Contractor4015 NOWATA RD, Bartlesville, OK 74006$428,558
Servpro Of BartlesvillemiamiCustodial/construction Services3996 WRIGHT RD, Bartlesville, OK 74006$379,967
Revenue and Support

Revenue Composition

Contributions and Grants
$4,505,037
Program Service Revenue
$25,694,620
Investment Income
$1,919,339
Other Revenue
$90,791
All Other Contributions
$3,123,014
Change in Net Assets
$1,487,120

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$221,024Fair Market Value
Other Non Cash Contri Table24$6,775Fair Market Value
Total Noncash Contributions27$227,799-

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,685,868
Revenue Not Reported on Financial Statements
$10,523,919
Revenue Not Reported on Form 990
$63,000
Other Revenue Adjustments
$10,447,833
Total Revenue per Audited Statements
$21,748,868
Total Revenue per Form 990
$32,209,787
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$10,447,833
Salaries, Compensation, and Employee Benefits$10,350,935
Other Expenses$9,923,899
Total Fundraising Expense$160,424
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$10,447,833--$10,447,833
Other Salaries and Wages$6,009,494$1,252,914$92,812$7,355,220
Occupancy$1,632,917$380,075$6,919$2,019,911
Fees for Services Other$1,608,034$383,090$3,195$1,994,319
Other Employee Benefits$845,169$791,903$704$1,637,776
Depreciation Depletion$1,349,130$232,031$5,780$1,586,941
Advertising$731,369$82,379-$813,748
Travel$647,875$113,786$8,365$770,026
Payroll Taxes$452,930$94,431$6,995$554,356
Current Officers, Directors, Trustees, and Key Employees$299,267$128,257-$427,524
Pension Plan Contributions$171,211$105,287$17,183$293,681
Other Expenses$260,774$9,252$12,193$260,774
Comp Disqual Persons$57,665$24,713-$82,378
Fees for Service Investment Mgmnt Fees-$76,086-$76,086
Fees for Services Accounting-$64,860-$64,860
Information Technology$13,767$28,196-$41,963
Interest-$36,623-$36,623
Office Expenses$5,122$2,232$6,155$13,509
Insurance$3,988$1,613$123$5,724
Total Functional Expenses$26,665,278$3,896,965$160,424$30,722,667

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$30,722,667
Total Expenses per Audited Statements$20,260,789
Expenses per Audited Statements$20,198,748
Expenses Not Reported on Financial Statements$10,523,919
Other Expense Adjustments$10,447,833
Expenses Not Reported on Form 990$62,041
International Activity

International Summary

Offices
0
Employees
0
Spending
$17,497

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaProgram ServiceMission Trip to Help With Construction and to Further the Sharing of the Gospel00$17,497
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,033
Fundraising Gross Income$10,525
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bonanza$90,720$10,525$10,478$47
Total Events$90,720$10,525$19,033$-8,508
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ben RotzFamily Member of Ed Rotz, TrusteeCompensation for ServicesNo$82,378
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$66,587
U.s. Grants Refundable$42,023
Deposits Held$33,931
Annuities Payable$1,573
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Stephen colaw and max colaw have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the chief financial officer.”

Form 990, Part VI, Section B, Line 12C

“The organization requires directors with a conflict of interest to recuse themselves from any discussion or decision making related to conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“Compensation for the president is reviewed by the board of directors and documented in meeting minutes. Compensation for other officers is reviewed by the president and documented.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Oklahoma Wesleyan University
EIN
73-6085616
Phone
9183356200
Address
2201 SILVER LAKE ROAD, BARTLESVILLE, OK 74006

Signing Officer

Name
Mike Hood
Title
CFO
Phone
9183356200
Signed
2025-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr James Dunn
Formed
1959
Legal Domicile
Ok
Voting Board Members
30
Independent Board Members
29
Employees
495
Volunteers
50

Preparer

Firm
Keller & Owens LLC
Address
10955 LOWELL AVE STE 800, OVERLAND PARK, KS 66210
Preparer
Gregory D Owens
Phone
9133383500
Supplemental Narrative

Additional Explanations

Church Status

“Pursuant to code section 6033(a)(3)(a)(i), churches are exempt from filing form 990. Oklahoma wesleyan university (owu) has elected voluntarily to file form 990 out of a desire to foster transparency and accountability. Owu's voluntary decision to file form 990 should in no way be interpreted as being inconsistent with its status as a church (part of the wesleyan church) or be deemed a waiver of any of the rights of privileges that accompany its recognized status as a church. Owu continues to operate in all ways as a church described in sections 509(a)(1) and 170(b)(1)(a)(i) of the code.”

Financial Statement Notes

PART III, LINE 4:

“The organization has dead sea scrolls that contribute to religious education and history. The organization has a bronze art collection that contribute to the organization's education purposes.”

PART V, LINE 4:

“The organization's endowment funds are to be used for various purposes to advance christian education and to aid the university.”

PART X, LINE 2:

“The university has adopted the provisions of fasb asc 740-10 accounting for uncertain income tax positions as it might apply to financial transactions. The university's policy is to record a liability for any tax position that is beneficial, including any related interest and penalties, when it is more likely than not the position taken by management with respect to the transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of june 30, 2025 and, accordingly, no liability has been accrued.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 12,258. Rental expenses 49,783.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 10,447,833.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses 12,258. Rental expenses 49,783.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 10,447,833.”

Raw XML AppendixShowing 400 of 1,039 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE UNIVERSITY EDUCATED 788 DEGREE SEEKING STUDENTS IN THE FALL SEMESTER, AND 784 DEGREE SEEKING STUDENTS IN THE SPRING SEMESTER.
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IRS990/Form990PartVIISectionAGrp/TitleTxt32PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt33ASSOCIATE PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt34SENIOR VP, ENROLLMENT MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt35DEAN, SCHOOL OF BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt36VP FOR STUDENT AFFAIRS
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