OKLAHOMA RECEIVERSHIP OFFICE INC

🔒

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

2007

Legal Domicile

Principal Officer

GLEN MULREADY

Phone

4059470022

Tax Period

2024-01-01 to 2024-12-31

OKLAHOMA RECEIVERSHIP OFFICE INC, founded in 2007, is a small nonprofit in the Health Care sector that reported $878K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $762K left a modest 13% surplus.

Mission

OKLAHOMA RECEIVERSHIP OFFICE, INC.. IS AN OKLAHOMA NOT-FOR-PROFIT CORPORATION ORGANIZED TO ASSIST THE COMMISSIONER FOR THE OKLAHOMA INSURANCE DEPARTMENT IN THE RECEIVERSHIP OF INSURANCE COMPANIES DOMICILED WITHIN THE STATE OF OKLAHOMA.

Program Service Accomplishments

Program 1

Expenses: $762,205 Revenue: $877,924

OKLAHOMA RECEIVERSHIP OFFICE, INC. IS AN OKLAHOMA NOT-FOR-PROFIT CORPORATION ORGANIZED TO ASSIST THE COMMISSIONER FOR THE OKLAHOMA INSURANCE DEPARTMENT IN THE RECEIVERSHIP OF INSURANCE COMPANIES...

OKLAHOMA RECEIVERSHIP OFFICE, INC. IS AN OKLAHOMA NOT-FOR-PROFIT CORPORATION ORGANIZED TO ASSIST THE COMMISSIONER FOR THE OKLAHOMA INSURANCE DEPARTMENT IN THE RECEIVERSHIP OF INSURANCE COMPANIES DOMICILED WITHIN 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $877,924

Investment Income $2,891,386

Other Revenue $-2,891,386

TOTAL REVENUE $877,924

Expense Breakdown

Grants Paid $0

Salaries & Benefits $410,333

Fundraising Expenses $0

Program Expenses $762,205

Other Expenses $351,872

TOTAL EXPENSES $762,205

Year-over-Year Comparison

	2024	2023	Change
Revenue	$877,924	$697,711	+0.3%
Expenses	$762,205	$617,691	+0.2%
Net Income	$115,719	$80,020	+0.4%

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

N/A

Employees

Volunteers

N/A

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

$732,313

Total Directors

$123,290

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLEN MULREADY	PRESIDENT	1.00	Officer Director	$0	$0	$123,290
BRIAN DOWNS	VICE PRESIDENT	1.00	Officer	$0	$0	$154,141
ANDREW SCHALLHORN	VICE PRESIDENT	1.00	Officer	$0	$0	$161,348
MICHAEL RHODES	VICE PRESIDENT	1.00	Officer	$0	$0	$133,545
KIM HUNTER FKA KIM BAILEY	SECRETARY	1.00	Officer	$0	$0	$159,989
DONNA L WILSON	ESTATE MANAGER	1.00	Highest	$154,270	$0	$154,270

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	$877,924	$762,205	$94,628,520	$115,719
2023	$697,711	$617,691	$90,920,549	$80,020
2022	$631,410	$592,191	$62,821,347	$39,219
2021	$549,929	$581,017	$67,422,590	$-31,088
2020	$610,348	$621,552	$52,004,018	$-11,204