OKLAHOMA EDUCATIONAL TECHNOLOGY TR… - Form 990 Financial Data

🔒

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

2001

Legal Domicile

Principal Officer

BOB STAFFORD

Phone

4057555571

Tax Period

2025-01-01 to 2025-12-31

OKLAHOMA EDUCATIONAL TECHNOLOGY TRUST, founded in 2001, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2025. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 39% operating margin.

Mission

TO PROVIDE FUNDING FOR THE PURCHASE,INSTALLATION, AND MAINTENANCE OF INFORMATION TECHNOLOGY IN THE COMMON AND CAREERTECH SCHOOLS OF THE STATE OF OKLAHOMA; AND TO PROVIDES PROFESSIONAL DEVELOPMENT TO THE SCHOOLS TO ASSIST THEM WITH INTEGRATING THE TECHNOLOGY INTO THEIR CLASSROOMS.

Program Service Accomplishments

Program 1

Expenses: $984,300

PHASE II GRANTS GAVE 21 SCHOOLS/DISTRICTS 40,000 EACH TO IMPROVE STUDENT ACHIEVEMENT BY DEVELOPING PROFESSIONAL LEARNING COMMUNITIES USING TECHNOLOGY AS A TOOL IN AUTHENTIC LESSONS. THE GRANTS'...

PHASE II GRANTS GAVE 21 SCHOOLS/DISTRICTS 40,000 EACH TO IMPROVE STUDENT ACHIEVEMENT BY DEVELOPING PROFESSIONAL LEARNING COMMUNITIES USING TECHNOLOGY AS A TOOL IN AUTHENTIC LESSONS. THE GRANTS' IMPACT IN 2025; 683 TEACHERS AND 9,843 STUDENTS.

Program 2

Expenses: $545,275

PHASE II SCHOOLS/DISTRICTS ALSO RECEIVED PROFESSIONAL DEVELOPMENT. THIS TRAINING FOCUSES ON THE SPECIFIC NEEDS OF THE SCHOOLS AND COMMUNITY. THE GRANTS' IMPACT IN 2025; 683 TEACHERS; 9,843 STUDENTS.

Program 3

Expenses: $375,000

PHASE I GRANTS PROVIDED A THREE DAY LEADERSHIP SEMINAR THAT TRAINED SUPERINTENDENTS AND ADMINISTRATORS IN COMMON SCHOOLS IN THE PRACTICES OF HIGH ACHIEVING SCHOOLS AND HOW TO INTEGRATE TECHNOLOGY...

PHASE I GRANTS PROVIDED A THREE DAY LEADERSHIP SEMINAR THAT TRAINED SUPERINTENDENTS AND ADMINISTRATORS IN COMMON SCHOOLS IN THE PRACTICES OF HIGH ACHIEVING SCHOOLS AND HOW TO INTEGRATE TECHNOLOGY SEAMLESSLY INTO THE SCHOOLS' CURRICULUM DELIVERY.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,480,744

Other Revenue $0

TOTAL REVENUE $3,480,744

Expense Breakdown

Grants Paid $1,760,275

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,904,575

Other Expenses $367,906

TOTAL EXPENSES $2,128,181

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,480,744	$2,599,462	+0.3%
Expenses	$2,128,181	$2,277,729	-0.1%
Net Income	$1,352,563	$321,733	+3.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLEN ABSHERE	TRUSTEE	1.00	Director	$0	$0	$0
SCOUT ANVAR	TRUSTEE	1.00	Director	$0	$0	$0
ANN BANDY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BRUCE DEMUTH	TRUSTEE	1.00	Director	$0	$0	$0
RONNY JOHNS	TRUSTEE	1.00	Director	$0	$0	$0
MARK MANN	TRUSTEE	1.00	Director	$0	$0	$0
JOSH MCFARLAND	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT PARKS	TRUSTEE	1.00	Director	$0	$0	$0
DR JOE SIANO	SECRETARY	1.00	Officer Director	$0	$0	$0
BOB STAFFORD	CHAIR	1.00	Officer Director	$0	$0	$0
MARK VANCURREN	TRUSTEE	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
2025	$3,480,744	$2,128,181	$48,811,950	$1,352,563
2024	$2,599,462	$2,277,729	$44,299,565	$321,733
2023	$2,825,221	$1,485,076	$43,037,679	$1,340,145
2022	$1,168,915	$2,056,554	$38,776,115	$-887,639
2021	$3,577,888	$1,398,843	$45,940,981	$2,179,045
2020	$1,501,565	$1,817,609	$42,040,105	$-316,044
2019	$1,614,613	$1,860,289	$39,131,883	$-245,676
2018	$4,820,924	$1,770,342	$34,562,623	$3,050,582

OKLAHOMA EDUCATIONAL TECHNOLOGY TRUST