Eastern Oklahoma State College Development Foundation Inc

EIN: 237281986 501(c)(3) Education

Wilburton, OK

Total Revenue
$1,510,110
Total Expenses
$1,114,843
Total Assets
$8,107,528
Net Assets
$8,095,746
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
OK
Principal Officer
Dr Randy Harp
Phone
9184651761
Tax Period
2024-07-01 to 2025-06-30

Eastern Oklahoma State College Development Foundation Inc, founded in 1973, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $395K, a strong 26% operating margin.

Mission

The Foundation provides support to EOSC and scholarships to EOSC students.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,173,561
Program Service Revenue $0
Investment Income $256,044
Other Revenue $80,505
TOTAL REVENUE $1,510,110

Expense Breakdown

Grants Paid $1,002,079
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,002,079
Other Expenses $112,764
TOTAL EXPENSES $1,114,843

Year-over-Year Comparison

2024 2023 Change
Revenue $1,510,110 $1,179,085 +0.3%
Expenses $1,114,843 $805,264 +0.4%
Net Income $395,267 $373,821 +0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
55

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
4
$50,400
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sara Jane Smallwood-Cocke Board Chair 1.00
Officer Director
$0 $0 $0
Nathan Lucas Vice-Chair 1.00
Officer Director
$0 $0 $0
Dave Shaw Secretary 1.00
Officer Director
$0 $0 $0
Jerrod Lundry Member 1.00
Director
$0 $0 $0
Jonathan Wynn Member 1.00
Director
$0 $0 $0
Michael Musgrove Member 1.00
Director
$0 $0 $0
Chad Donoley Member 1.00
Director
$0 $0 $0
Mike Weeks Member 1.00
Director
$0 $0 $0
Loran Mayes Member 1.00
Director
$0 $0 $0
Rachael Smith Member 1.00
Director
$0 $0 $0
John Edwards Member 1.00
Director
$0 $0 $0
Tawnee Taylor Member 1.00
Director
$0 $0 $0
Michelle Warmuth Member 1.00
Director
$0 $0 $0
Dr Randy Harp Executive Director 10.00
Officer
$0 $0 $50,400
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
2025 $1,510,110 $1,114,843 $8,107,528 $395,267
2024 $1,179,085 $805,264 $7,174,669 $373,821
2023 $1,521,772 $966,103 $6,280,320 $555,669
2022 $1,115,784 $888,156 $5,346,915 $227,628
2021 $728,613 $718,492 $6,048,282 $10,121
2020 $953,618 $639,880 $5,165,506 $313,738
2019 $854,728 $555,287 $4,946,871 $299,441
2018 $781,565 $638,218 $4,656,599 $143,347
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