THE TOBY KEITH FOUNDATION INC (EIN 204089800) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

RANDAL K HATFIELD

Phone

4052716552

Tax Period

2023-01-01 to 2023-12-31

THE TOBY KEITH FOUNDATION INC, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 46% operating margin.

Mission

TO ENCOURAGE THE HEALTH AND HAPPINESS OF PEDIATRIC CANCER PATIENTS BY SOLICITING PUBLIC SUPPORT IN ORDER TO OPERATE THE "OK KIDS KORRAL". THIS STATE OF THE ART FACILITY PROVIDES TEMPORARY HOUSING FOR FAMILIES OF PEDIATRIC CANCER PATIENTS WHO MUST LEAVE THEIR OWN COMMUNITIES IN ORDER TO RECEIVE MEDICAL TREATMENT IN THE OKLAHOMA CITY AREA. THE ORGANIZATION ALSO CONTINUES TO SUPPORT THE LOCAL CHARITIES IN THE NORMAN,OKLAHOMA AREA AND THROUGHOUT THE STATE OF OKLAHOMA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,280,591

Program Service Revenue $0

Investment Income $81,140

Other Revenue $-64,047

TOTAL REVENUE $2,297,684

Expense Breakdown

Grants Paid $1,750

Salaries & Benefits $290,947

Fundraising Expenses $44,444

Program Expenses $1,113,098

Other Expenses $946,359

TOTAL EXPENSES $1,239,056

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,297,684	$1,613,309	+0.4%
Expenses	$1,239,056	$1,152,701	+0.1%
Net Income	$1,058,628	$460,608	+1.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$130,898

Total Directors

$130,898

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOBY K COVEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA A COVEL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RANDAL K HATFIELD	TREASURER	1.00	Officer Director	$0	$0	$0
GREG A HUNTER	SECRETARY	1.00	Officer Director	$0	$0	$0
TERRY S KIMBRELL	DIRECTOR	1.00	Officer Director	$0	$0	$0
JULIET A NEES	EXECUTIVE DIRECTOR	40.00	Officer Director	$119,486	$11,412	$130,898

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	No data	No data	No data	No data
2023	$2,297,684	$1,239,056	$11,631,589	$1,058,628
2022	$1,613,309	$1,152,701	$10,890,011	$460,608
2021	$1,847,754	$1,137,440	$10,765,051	$710,314
2020	$925,842	$1,183,905	$10,347,447	$-258,063
2019	$1,611,507	$1,245,602	$10,881,532	$365,905
2018	$1,287,371	$1,221,814	$10,785,150	$65,557

THE TOBY KEITH FOUNDATION INC