Overview
What is Oakwood University?
Oakwood University is a historically Black Seventh-Day Adventist institution of higher learning based in Huntsville, Alabama, with a US address at 7000 Adventist Blvd, ZIP code 35896. The university offers undergraduate degree programs in various disciplines and provides on-campus training for approximately 1800 students. The mission of Oakwood University is to provide quality Christian education, emphasizing academic excellence, and fostering the harmonious development of mind, body, and spirit. The institution prepares leaders in service for God and humanity, employing a workforce of 1263 individuals.
Official website here: www.oakwood.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% (Four-Star out of Four Star rating) from Charity Navigator.
Oakwood University has received a notable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a score of 93%, the organization demonstrates effective management and transparency, particularly highlighted by its independent board composition and adherence to rigorous financial oversight protocols.
The majority of board members are independent, contributing to robust governance practices. The organization has also implemented comprehensive policies, including conflict of interest and whistleblower protections, which foster a culture of ethical conduct. Additionally, Oakwood University maintains a solid liabilities to assets ratio, further indicating sound financial stability.
However, while the program expense ratio is commendable at 67.51%, it is slightly below the optimal benchmark, suggesting there may be room for improvement in channeling more funds directly into programs. Overall, the high rating signifies that Oakwood University is effectively fulfilling its mission while upholding high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Oakwood University?
94% of 364 reviewers on Facebook recommend Oakwood University. Here is a summary of their reviews:
Many voices express strong support for the institution, highlighting its commitment to providing essential resources and support to its students. The positive sentiment reflects a belief that Oakwood University truly fulfills its promise of fostering a nurturing educational environment, contributing to both personal and academic growth.
Overall, reviews emphasize satisfaction with the services, programs, and community engagement offered at Oakwood University, showcasing its reputation as a worthwhile place for education and development.
This AI summary has been generated from reviews found on Facebook.
Is Oakwood University legitimate?
Oakwood University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakwood University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $520,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,179,665
For more financial information, click here
Official website here: www.oakwood.edu
What is the mission statement of Oakwood University?
Oakwood University is a historically Black Seventh-Day Adventist institution of higher learning. It provides quality Christian education, emphasizing academic excellence and the harmonious development of mind, body, and spirit. Through its undergraduate degree programs in various disciplines, Oakwood University prepares leaders in service for both God and humanity. Approximately 1800 students receive on-campus training in select fields of study.
Official website here: www.oakwood.edu
What is the revenue of Oakwood University?
Oakwood University's revenue in 2023 was $67,340,745.
Official website here: www.oakwood.edu
Who are the executives of Oakwood University and what are their salaries?
The average compensation at Oakwood University during 2023 was $14,081. There are 1328 employees at Oakwood University.
Here are 58 key members and their salaries:
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Official website here: www.oakwood.edu
Where can I find the form 990 for Oakwood University?
Oakwood University's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.oakwood.edu
Learn more at the official website: www.oakwood.edu
Mission Statement of Oakwood University
Oakwood University, a historically Black Seventh-Day Adventist institution of higher learning, is dedicated to providing quality Christian education that emphasizes academic excellence. The university promotes the harmonious development of its students' minds, bodies, and spirits, preparing them to become leaders in service for God and humanity. With undergraduate degree programs in various disciplines, Oakwood University accommodates approximately 1800 students on campus. The institution goes beyond imparting knowledge, focusing on the holistic growth of its students to prepare them for a successful and meaningful future.
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Impact
October, 2024
Oakwood University significantly impacts its community and beyond by offering a quality Christian education rooted in academic excellence. As a Historically Black Seventh-day Adventist institution, it fosters the harmonious development of mind, body, and spirit, preparing approximately 1,800 students to become leaders in service to God and humanity. The university provides undergraduate degree programs across various disciplines, enriching the lives of its students and preparing them to contribute positively to society. Through its commitment to education and holistic development, Oakwood University plays a vital role in shaping future leaders who are equipped to address the challenges of the world.
This information is meant to be a general summary of Oakwood University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $528,823
- Program Service Revenue: $39,622,784
- Gross Receipts: $67,824,833
Assets and Liabilities:
- Total Assets: $120,064,681
- Total Liabilities: $35,427,627
- Net Assets: $84,637,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$28,013,117
AUXILIARY ENTERPRISES
Revenue
$9,542,912
INDEPENDENT OPERATIONS
Revenue
$1,696,587
EDUCATIONAL ACTIVITIES
Revenue
$370,168
Organization Details
Founding Year
1896
Principal Officer
Sabrina Cotton
Website
www.oakwood.eduNTEE Category
Code: B42 - Education
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