Oklahoma Foundation for Medical Quality Inc (EIN 237336073) - 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

1972

Legal Domicile

Principal Officer

Lindsey Wiley

Phone

4058402891

Tax Period

2023-10-01 to 2024-09-30

Oklahoma Foundation for Medical Quality Inc, founded in 1972, is a community nonprofit in the Health Care sector that reported $2.8M in total revenue in fiscal year 2023. Expenses of $2.7M left a modest 3% surplus.

Mission

Promoting the improvement of health care and public health

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,757,907

Investment Income $39,893

Other Revenue $0

TOTAL REVENUE $2,797,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,978,586

Fundraising Expenses $0

Program Expenses $1,912,271

Other Expenses $725,038

TOTAL EXPENSES $2,703,624

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,797,800	$2,902,193	0.0%
Expenses	$2,703,624	$2,477,578	+0.1%
Net Income	$94,176	$424,615	-0.8%

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

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

$307,343

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lindsey Wiley	Executive Dir.	40.00	Officer	$143,764	$19,580	$163,344
Melissa Hedrick	CFO	40.00	Officer	$119,368	$24,631	$143,999
Sarah Clutts	Board Chair	4.00	Officer Director	$0	$0	$0
Kurt Downing	Director	1.00	Director	$0	$0	$0
Will Griffin	Director	1.00	Director	$0	$0	$0
Justin Slaughter	Director	1.00	Director	$0	$0	$0
Dr Ronald Hopkins	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	$2,797,800	$2,703,624	$4,414,461	$94,176
2023	$2,902,193	$2,477,578	$4,132,033	$424,615
2022	$3,170,644	$2,669,571	$3,406,975	$501,073
2021	$2,925,995	$2,157,907	$3,419,939	$768,088
2020	$2,329,606	$2,956,695	$3,365,923	$-627,089
2019	$4,539,594	$6,497,420	$3,489,435	$-1,957,826
2018	$5,902,141	$6,430,485	$5,278,935	$-528,344

Oklahoma Foundation for Medical Quality Inc