CHARLES R AND KAREN P STEPHENSON FAMILY FOUNDATION (EIN 201687422) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

CHARLES STEPHENSON

Phone

9187128487

Tax Period

2024-01-01 to 2024-12-31

CHARLES R AND KAREN P STEPHENSON FAMILY FOUNDATION, founded in 2004, is a micro nonprofit in the Community Improvement sector that reported $98K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $243K exceeded revenue, resulting in a 148% operating deficit.

Mission

THIS CORPORATION IS ORGANIZED FOR THE SPECIFIC AND PRIMARY PURPOSE OF BENEFITTING, PERFORMING THE FUNCTIONS OF, OR CARRYING OUT THE PURPOSES OF THAT CLASS OF PUBLICLY SUPPORTED ORGANIZATIONS, INCLUDING TULSA COMMUNITY FOUNDATION, THAT ARE DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OR (2) OF THE INTERNAL REVENUE CODE AND THAT ENGAGE IN CHARITABLE ACTIVITIES WHICH ARE CONSISTENT WITH THE CHARITALE PURPOSES OF TULSA COMMUNITY FOUNDATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $97,710

TOTAL REVENUE $97,710

Expense Breakdown

Grants Paid $237,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $242,805

Other Expenses $5,805

TOTAL EXPENSES $242,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$97,710	$68,875	+0.4%
Expenses	$242,805	$617,392	-0.6%
Net Income	$-145,095	$-548,517	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,633,261

Total Directors

$1,633,261

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHIL LAKIN JR	TCF CL DIRECTOR	1.00	Officer Director	$0	$82,930	$725,134
JEFF STAVA	TCF CL DIRECTOR	1.00	Officer Director	$0	$64,187	$642,550
MIKE DODSON	TCF CL DIRECTOR	1.00	Officer Director	$0	$29,300	$265,577
ROBERT THOMAS	TCF CL DIRECTOR	1.00	Director	$0	$0	$0
CHARLES R STEPHENSON	DONOR CL DIRECTOR	1.00	Director	$0	$0	$0
DANA STEPHENSON	DONOR CL DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE ALLEN	TCF CL DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$97,710	$242,805	$1,948,970	$-145,095
2023	$68,875	$617,392	$2,095,152	$-548,517
2022	$467,978	$464,324	$2,641,277	$3,654
2021	$144,399	$211,850	$2,633,123	$-67,451
2020	$-165,613	$219,302	$2,707,733	$-384,915
2019	$31,935	$211,062	$3,085,489	$-179,127

CHARLES R AND KAREN P STEPHENSON FAMILY FOUNDATION