Oklahoma Blood Institute Foundation

EIN: 311721750 501(c)(3) Philanthropy & Grantmaking

Oklahoma City, OK

Total Revenue
$2,108,171
Total Expenses
$1,910,073
Total Assets
$4,952,864
Net Assets
$4,702,864
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
OK
Phone
4052975700
Tax Period
2024-04-01 to 2025-03-31

Oklahoma Blood Institute Foundation, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 897% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 9% surplus.

Mission

TO SUPPORT MISSION-RELATED ACTIVITIES, SERVICES, AND PROGRAMS OF THE OKLAHOMA BLOOD INSTITUTE ("OBI").

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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 $500
Program Service Revenue $0
Investment Income $2,107,671
Other Revenue $0
TOTAL REVENUE $2,108,171

Expense Breakdown

Grants Paid $1,872,180
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,872,180
Other Expenses $37,893
TOTAL EXPENSES $1,910,073

Year-over-Year Comparison

2024 2023 Change
Revenue $2,108,171 $211,405 +9.0%
Expenses $1,910,073 $1,038,132 +0.8%
Net Income $198,098 $-826,727 -1.2%
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

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Governance

Voting Members
6
Independent Members
3
Employees
N/A
Volunteers
8

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
3
$1,271,690
Total Directors
6
$1,283,690
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John B Armitage MD President & CEO 4.0
Officer Director
$0 $79,913 $910,905
Randall G Stark Treasurer & CFO 4.0
Officer Director
$0 $50,121 $360,785
Richard Boatsman MD Chairman 2.0
Officer Director
$0 $0 $0
David R Carpenter Director 1.0
Director
$0 $0 $0
Gary L Patzkowsky DO Director 1.0
Director
$0 $0 $0
Larry Bookman MD Director 1.0
Director
$0 $0 $12,000
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 $2,108,171 $1,910,073 $4,952,864 $198,098
2024 $211,405 $1,038,132 $6,122,485 $-826,727
2023 $95,798 $39,101 $6,265,985 $56,697
2022 $110,679 $204,197 $6,858,875 $-93,518
2021 $3,581,693 $315,213 $6,558,372 $3,266,480
2020 $276,966 $72,133 $2,482,882 $204,833
2019 $109,360 $69,845 $2,486,239 $39,515
2018 $194,323 $79,622 $2,347,197 $114,701
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