CLEATS FOR KIDS FOUNDATION

EIN: 453590945 501(c)(3) Human Services

OKLAHOMA CITY, OK

Total Revenue
$2,216,528
Total Expenses
$1,939,770
Total Assets
$1,111,807
Net Assets
$868,377
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OK
Principal Officer
STACY MCDANIEL
Phone
4052390723
Tax Period
2024-01-01 to 2024-12-31

CLEATS FOR KIDS FOUNDATION, founded in 2011, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 12% surplus.

Mission

CLEATS FOR KIDS FOUNDATION (C4K) IS DEDICATED TO EQUIPPING AND EMPOWERING KIDS THROUGH SPORTS AND PHYSICAL ACTIVITY. C4K'S MISSION IS TO EMPOWER KIDS TO LIVE HEALTHIER LIFESTYLES AND LEARN IMPORTANT LIFE LESSONS THROUGH SPORTS BY PROVIDING SPORTS SHOES AND EQUIPMENT TO KIDS IN NEED. C4K'S PROGRAMS REMOVE FINANCIAL BARRIERS, PROMOTE PHYSICAL ACTIVITY, AND FOSTER A SENSE OF COMMUNITY AND TEAMWORK AMONG YOUTH. BY EQUIPPING STUDENTS WITH THE NECESSARY GEAR, WE EMPOWER THEM TO PARTICIPATE FULLY IN SPORTS AND PHYSICAL ACTIVITY, ENHANCING THEIR PHYSICAL AND MENTAL HEALTH, ACADEMIC PERFORMANCE, AND SOCIAL SKILLS. OUR COMPREHENSIVE APPROACH NOT ONLY SUPPORTS THE PHYSICAL WELL-BEING OF STUDENTS BUT ALSO CONTRIBUTES TO THEIR OVERALL DEVELOPMENT AND SUCCESS. KIDS LEARN LIFE LESSONS THAT TRANSLATE TO THE CLASSROOM AND BEYOND. C4K HAS A FIELD TESTED OPERATIONS MODEL: (1) A SIMPLE AND FLEXIBLE COLLECTION AND DISTRIBUTION MODEL OF NEW AND GENTLY USED GOODS; (2) COLLABORATIVE PARTNERSHIPS; (3) A "LOCKER ROOM" WHERE KIDS AND COACHES CAN SHOP FREE OF CHARGE; AND (4) YOUTH INVOLVEMENT IN ALL ASPECTS OF OUR MISSION. SHOES AND GEAR ARE COLLECTED THROUGH SPORTING GOODS DRIVES HELD STATEWIDE OR PURCHASED AT DEEP DISCOUNTS. VOLUNTEERS HELP C4K SORT, CLEAN AND HELP WITH DISTRIBUTIONS TO KIDS AND COACHES. C4K SEES KID'S LIVES CHANGED THROUGH THE POWER OF SPORTS AND PHYSICAL ACTIVITIES WITH KIDS HAVING HIGHER GRADE POINT AVERAGES, BETTER ATTENDANCE AND BETTER GRADUATION RATES. KIDS WHO ARE PHYSICALLY ACTIVE ARE MORE FOCUSED, MORE LIKELY TO HAVE FEWER DISCIPLINE ISSUES AND HAVE BETTER MENTAL HEALTH OUTCOMES. KIDS ARE INVOLVED IN EVERY ASPECT OF C4K'S MISSION WHICH GIVES THEM A CHANCE TO BE PART OF SOMETHING BIGGER THAN THEMSELVES. KIDS LEARN FIRSTHAND THAT THEY CAN MAKE A DIFFERENCE BY RECYCLING THEIR SPORTING GOODS, VOLUNTEERING IN THE LOCKER ROOM AND WITH SPORTING GOODS DISTRIBUTIONS AND BY ENCOURAGING YOUNG ATHLETES. C4K'S VARSITY BOARD (FOR HIGH SCHOOL STUDENTS) OR JUNIOR VARSITY BOARD (FOR MIDDLE SCHOOL STUDENTS) ENGAGES 230 STUDENTS FROM ACROSS THE METRO-OKLAHOMA CITY AREA IN SPORTS RELATED PHILANTHROPY AND BRINGING OUR COMMUNITIES TOGETHER FOR GOOD. C4K OPENED A LOCKER ROOM TO SERVE NORTHEAST OKLAHOMA IN 2024 AND HAS A NE OK ADVISORY BOARD. C4K IS ALREADY WORKING CLOSELY WITH SCHOOLS AND NONPROFIT ORGANIZATIONS TO SERVE KIDS IN NE OK. C4K UNDERSTANDS THE POWER OF PARTNERSHIPS. IN OKLAHOMA, C4K COLLABORATES WITH 365 SCHOOL DISTRICTS AND OVER 80 OTHER ORGANIZATIONS INCLUDING YMCA'S, OKC'S POLICE ATHLETIC LEAGUE, BOYS AND GIRLS CLUBS, OKC BASEBALL CLUB ROOKIE LEAGUE, TULSA DREAM CENTER AND MORE. C4K ALSO WORKS WITH HUNDREDS OF YOUTH SPORTS LEAGUES. BY REMOVING THE COST BARRIER OF SPORTS GEAR, MORE KIDS HAVE EQUAL ACCESS TO SPORTS AND PHYSICAL ACTIVITY. C4K IS TAKING A LEADERSHIP ROLE IN THE OKLAHOMA CITY YOUTH SPORTS COALITION (YSC). THE YSC IS A COLLABORATIVE GROUP OF COMMUNITY ORGANIZATIONS CHAMPIONING AND ENCOURAGING YOUTH TO ENGAGE IN A LIFELONG PATHWAY OF SPORTS, RECREATION, AND PHYSICAL ACTIVITY. THE YSC'S WORK SUPPORTS EQUITABLE ACCESS TO SPORTS, ENGAGES AND ACTIVATES THE COMMUNITY, AND SHARES PROGRAM RESOURCES.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,206,884
Program Service Revenue $0
Investment Income $13,283
Other Revenue $-3,639
TOTAL REVENUE $2,216,528

Expense Breakdown

Grants Paid $1,174,830
Salaries & Benefits $398,548
Fundraising Expenses $107,278
Program Expenses $1,779,450
Other Expenses $366,392
TOTAL EXPENSES $1,939,770

Year-over-Year Comparison

2024 2023 Change
Revenue $2,216,528 $1,829,406 +0.2%
Expenses $1,939,770 $2,094,781 -0.1%
Net Income $276,758 $-265,375 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
12
Employees
6
Volunteers
365

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
1
$78,750
Total Directors
13
$15,995
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THE HONORABLE DON ANDREWS BOARD MEMBER 1.00
Director
$0 $0 $0
JORGE CHARNECO BOARD MEMBER 1.00
Director
$0 $0 $0
BILL CONDON BOARD MEMBER 1.00
Director
$0 $0 $0
AMY FOSKIN BOARD MEMBER 1.00
Director
$15,995 $0 $15,995
SHANNON HAYES BOARD MEMBER 1.00
Director
$0 $0 $0
A JAYE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
MAC KATIGAN BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINE MARTIN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MCDANIEL BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISSY MCLAUGHLIN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF SNOWDEN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE SOULE BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD STEELE BOARD MEMBER 1.00
Director
$0 $0 $0
STACY MCDANIEL EXECUTIVE DIRECTOR 40.00
Officer
$78,750 $0 $78,750
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 $2,216,528 $1,939,770 $1,111,807 $276,758
2023 $1,829,406 $2,094,781 $762,327 $-265,375
2022 $1,316,373 $1,431,052 $1,037,118 $-114,679
2021 $1,148,770 $1,717,589 $1,132,384 $-568,819
2020 $1,200,876 $2,471,475 $2,498,213 $-1,270,599
2019 $1,105,568 $1,729,036 $3,614,361 $-623,468
2018 $4,741,872 $1,642,832 $4,196,357 $3,099,040
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