Southern Nazarene University Lab School
8101 Sunkist Lane
Bethany OK 73008-2605
Tax Exempt Status Public Supported Charity
Mission Statement Our mission is "To create an experience where students grow and connect with their purpose through mastery learning in Christian community."
SNULabSchool
Contact Information
Contact Name Ron Titus
Contact email rtitus@mail.snu.edu
Address 8101 Sunkist Lane
Bethany, OK 73008 2605
Phone (405) 491-6645
Fax 405-717-6284
County Oklahoma
How to Give
Other ways to donate, support or volunteer https://www.snulabschool.org/giving
Financial Summary
 
 
Projected Revenue $0.00
Projected Expenses $0.00
History and Background
Year Founded 1899
IRS Ruling Year 1959
State Registration Expiration Apr 2020
Statements
Mission Our mission is "To create an experience where students grow and connect with their purpose through mastery learning in Christian community."
Background

Welcome to SNU Lab School located in Bethany, Oklahoma. As a university lab school we embrace research-based best practices for student learning. We recognize student needs differ, so we create flexible learning environments where students are able to learn both independently and collaboratively.

Our long-term commitment to teacher training has been a staple in our school since 1971. We have long seen it as our responsibility to pass the torch to future generations of educators. This includes supporting career teachers and administrators with the best training we have to offer through undergraduate and graduate degree programs offered through Southern Nazarene University's School of Education. Through research and classroom experience with teachers and students, our Lab School benefits every day from university researchers who pour themselves into our school.

Students at the Lab School progress by increasing levels of independence and competence, not by birth date. Our school has long understood that children can contribute and flourish in a world that values self-motivation, meaning, empathy, and creativity over compliance. The Lab school empowers students to develop independent and critical thought, entrepreneurship, self-direction, and collaborative capabilities.

We offer these opportunities as part of a teaching philosophy that encourages meaningful inquiry and interdisciplinary work, all through a blended learning approach that meets the needs of each individual student.

As some schools are just now discovering the Lab School model, we are in our fifth decade with many highly skilled and seasoned educators who truly exhibit mastery level teaching.

Our university students are dedicated to excellence in education. With a living laboratory to study child development for undergraduate student teachers, and graduate level researchers. These students carry out observations, interviews, and teaching as part of their studies on many aspects of teaching and learning.

While not endorsing any single curriculum per se, the school is distinctively Christian in its orientation and teachings. Our mission is based on the belief that all children can learn and that children must construct their own knowledge through participation in an active learning environment that teaches Christian values.

Area Served
Area Served
Geographic Area Served
Bethany
Oklahoma City
Yukon
Mustang
Programs
Description The SNU Lab School is a part of Southern Nazarene University and is located in Bethany, Oklahoma. As a university lab school we embrace research-based best practices for student learning. We recognize student needs differ, so we create flexible learning environments where students are able to learn both independently and collaboratively.
Strategy
Population Served Children Only (5 - 14 years)
CEO/Executive Director
CEO/Executive Director Ronald Titus
Start Date Aug 2019
Email rtitus@snu.edu
Staff
Number of Full-time Staff 12
Number of Part-time Staff 5
Number of Contract Staff 17
Number of Volunteers 20
Does CEO/Executive Director have formal evaluations? Yes
Management reports to board? Yes
Organizational Plans
Fundraising Plan Under Development
Communication Plan Under Development
Strategic Plan Under Development
Management Succession Plan Under Development
Organization Policies and Procedures Under Development
Board Chair
Name Dr Tim Taylor
Company Affiliation Southern Nazarene University
Term Aug 2019 to Aug 2024
Email ttaylor@snu.edu
Board of Directors
List Current as of Aug 12, 2019
Board of Directors List
NameAffiliationStatus
Dr. Steve BettsVoting
Rev. Jim HillVoting
Dr. Paul JonesVoting
Dr. Melany KyzerVoting
Mrs. Amber MashVoting
Dr. Kent ShellenbergerVoting
Dr. Tim TaylorVoting
Ron Titus M.Ed.Voting
Current Fiscal Year
Fiscal Year July 01, 2019-June 30, 2020
Current Year Budgeted Total Income $0
Current Year Budgeted Total Expenses $0
Financial Documents
9902018
9902017
9902016
9902015
IRS Letter of Determination
Prior Three Years' Financial History
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201820172016
Total Revenue$62,072,078$58,126,633$60,005,309
Total Expenses$61,816,144$58,869,823$61,255,947
Revenue Less Expenses$255,934($743,190)($1,250,638)
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201820172016
Contributions$2,334,105$2,128,967$2,502,589
Foundation and
Corporation Contributions
------
Government Contributions$1,011,837$854,064$1,254,250
Federal------
State------
Local------
Unspecified$1,011,837$854,064$1,254,250
Individual Contributions------
$1,336,259$1,262,279$634,320
$52,713,274$50,066,922$53,258,792
Investment Income, Net of Losses$1,806,419$2,274,682$1,085,472
Unrealized Gain/Loss$9,804$234,649($208,241)
Membership Dues------
Special Events$14,818($9,198)$16,852
Revenue In-Kind------
Other$2,845,562$1,314,268$1,461,275
Expense Allocation
Fiscal Year201820172016
Program Expense$45,237,191$40,821,705$42,654,512
Administration Expense$15,753,004$17,200,320$17,843,281
Fundraising Expense$825,949$847,798$758,154
Payments to Affiliates------
Total Revenue/Total Expenses1.000.990.98
Program Expense/Total Expenses73%69%70%
Fundraising Expense/Contributed Revenue35%40%30%
Assets and Liabilities
Fiscal Year201820172016
Total Assets$115,148,605$113,643,793$98,102,028
Current Assets$4,295,167$2,259,445$2,176,202
Long-Term Liabilities$29,119,467$28,203,150$10,371,510
Current Liabilities$31,031,738$30,699,177$32,245,861
Total Net Assets$54,997,400$54,741,466$55,484,657
Solvency
Short Term Solvency
Fiscal Year201820172016
Current Ratio: Current Assets/Current Liabilities0.140.070.07
Long Term Solvency
Fiscal Year201820172016
Long-Term Liabilities/Total Assets25%25%11%
Funding Sources
Top Funding Sources
Fiscal Year201820172016
Top Funding Source & Dollar AmountEarned Revenue $52,713,274Earned Revenue $50,066,922Earned Revenue $53,258,792
Second Highest Funding Source & Dollar AmountContributions $2,334,105Investment Income $2,274,682Contributions $2,502,589
Third Highest Funding Source & Dollar AmountIndirect Public Support $1,336,259Contributions $2,128,967Other $1,461,275
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next Five Years? Yes
Comments on Financials
Foundation Staff Comments

All prior year financial information is from the IRS Form 990s.

Contributions may include foundations and corporations when the breakout was not available.

The financial information presented is obtained from the following sources: IRS Form 990, independent audit reports, financial statements – board approved when available, and supplemental information from the organization. We do not warrant or guarantee the timeliness, errors or inaccuracies. With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or interpretation by OCCF staff.

Organizations with a GiveSmartOKC profile are responsible for updating information annually within 45 days following the end of their fiscal year.

Address 8101 Sunkist Lane
Bethany, OK 73008 2605
Primary Phone 405 491-6645 6716
Contact Email rtitus@mail.snu.edu
CEO/Executive Director Ronald Titus
Board Chair Dr Tim Taylor
Board Chair Company Affiliation Southern Nazarene University