OKLAHOMA CITY, OK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $3.6M in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $9.5M exceeded revenue, resulting in a 168% operating deficit.
TO FOSTER ECONOMIC DEVELOPMENT THROUGH PRIVATE AND PUBLIC COLLABORATIONS TO CREATE NEW JOB OPPORTUNITIES AND BRING ABOUT URBAN REDEVELOPMENT BY MEANS OF CONSOLIDATED AND COORDINATED PUBLIC AGENCY ECONOMIC DEVELOPMENT FUNCTIONS.
THE CITY OF OKLAHOMA CITY CONTRACTED THE ALLIANCE TO MANAGE THE CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS BUSINESS SUPPORT PROGRAM PURSUANT TO THE AMERICAN RESCUE PLAN ACT (ARPA). THE...
THE CITY OF OKLAHOMA CITY CONTRACTED THE ALLIANCE TO MANAGE THE CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS BUSINESS SUPPORT PROGRAM PURSUANT TO THE AMERICAN RESCUE PLAN ACT (ARPA). THE ALLIANCE DIRECTLY MANAGES PROGRAMS FOR TECHNICAL ASSISTANCE, FACADE IMPROVEMENT, PANDEMIC MITIGATION, AND BUSINESS DISTRICT CAPACITY BUILDING GRANTS. ELIGIBLE BENEFICIARIES SUBMIT APPLICATIONS THAT ARE PROCESSED BY THE ALLIANCE AND APPROVED BY THE CITY FOR SERVICES BY THIRD-PARTY TECHNICAL ASSISTANCE PROVIDERS, REIMBURSEMENT OF COMMERCIAL UPGRADES, OR GRANT FUNDS. THE ALLIANCE CONTRACTS OUT MANAGEMENT OF PROGRAMS RELATED TO WORKFORCE DEVELOPMENT AND JOB TRAINING, ACCELERATOR TRAINING FOR SMALL BUSINESSES, AND SUPPLIER SERVICES TO ASSIST MINORITY FIRMS IN GETTING CONTRACTS. APPLICATIONS ARE COLLECTED BY CONTRACTORS AND APPROVED BY THE ALLIANCE AND THE CITY.
PROVISION OF PROFESSIONAL ECONOMIC DEVELOPMENT MANAGEMENT SERVICES AND ADVISORY SERVICES TO THE CITY OF OKLAHOMA CITY AND THE OKLAHOMA CITY ECONOMIC DEVELOPMENT TRUST, INCLUDING SERVICES IN...
PROVISION OF PROFESSIONAL ECONOMIC DEVELOPMENT MANAGEMENT SERVICES AND ADVISORY SERVICES TO THE CITY OF OKLAHOMA CITY AND THE OKLAHOMA CITY ECONOMIC DEVELOPMENT TRUST, INCLUDING SERVICES IN CONNECTION WITH THE CITY OF OKLAHOMA CITY'S MAPS 4 PROGRAM. POLICY-MAKING AUTHORITY REMAINS IN THE GOVERNING BODIES OF THE ENTITIES BEING SERVED.
PROVISION OF PROFESSIONAL ECONOMIC DEVELOPMENT MANAGEMENT AND ADVISORY SERVICES TO THE OKLAHOMA CITY URBAN RENEWAL AUTHORITY. AS PART OF THIS ARRANGEMENT, THIS ORGANIZATION'S PRESIDENT, KENTON...
PROVISION OF PROFESSIONAL ECONOMIC DEVELOPMENT MANAGEMENT AND ADVISORY SERVICES TO THE OKLAHOMA CITY URBAN RENEWAL AUTHORITY. AS PART OF THIS ARRANGEMENT, THIS ORGANIZATION'S PRESIDENT, KENTON TSOODLE, ACTED AS EXECUTIVE DIRECTOR OF THE OKLAHOMA CITY URBAN RENEWAL AUTHORITY (KENTON TSOODLE RECEIVES NO COMPENSATION FROM THE OKLAHOMA CITY URBAN RENEWAL AUTHORITY). POLICY-MAKING AUTHORITY REMAINS IN THE GOVERNING BODY OF THE ENTITY BEING SERVED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,561,551 | $14,065,207 | -0.7% |
| Expenses | $9,545,290 | $7,622,375 | +0.3% |
| Net Income | $-5,983,739 | $6,442,832 | -1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| J LARRY NICHOLS | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| RONALD J NORICK | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| CLAYTON I BENNETT | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| DEBRA V HAMPTON | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| CRAIG FREEMAN | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| TONY J TYLER | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| MICHAEL BROOKS-JIMINEZ | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| JAMES R TOLBERT III | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| COUNCILWOMAN BARBARA PECK | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| ROY H WILLIAMS | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| RHONDA HOOPER | DIRECTOR | 0.20 |
Director
|
$0 | $0 | $0 |
| GERI HARLAN | CFO | 40.00 |
Officer
|
$200,863 | $21,293 | $222,156 |
| KENTON TSOODLE | PRESIDENT | 40.00 |
Officer
|
$282,278 | $58,578 | $340,856 |
| J KEITH KUHLMAN | DIRECTOR OF SPECIAL PROJEC | 40.00 |
Highest
|
$125,930 | $7,715 | $133,645 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $3,561,551 | $9,545,290 | $9,502,468 | $-5,983,739 |
| 2023 | $14,065,207 | $7,622,375 | $15,486,207 | $6,442,832 |
| 2022 | $10,951,032 | $2,739,918 | $9,043,375 | $8,211,114 |
| 2021 | $5,568,089 | $4,649,730 | $832,261 | $918,359 |
| 2020 | $1,756,997 | $1,900,756 | $68,540 | $-143,759 |
| 2019 | $1,576,489 | $1,525,979 | $57,661 | $50,510 |
| 2018 | $1,538,658 | $1,546,653 | $7,151 | $-7,995 |
Compare THE ALLIANCE FOR ECONOMIC DEVELOPMENT OF OKLAHOMA CITY INC with other nonprofits in Oklahoma and across the country.