FOOD AND RESOURCE CENTER OF SOUTH CENTRAL OKLAHOMA INC

EIN: 473345521 501(c)(3) Food, Agriculture & Nutrition

ARDMORE, OK

Total Revenue
$374,675
Total Expenses
$388,247
Total Assets
$1,737,606
Net Assets
$1,716,923
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Principal Officer
TRESSA MADDEN-MCGILL
Phone
5807982293
Tax Period
2024-01-01 to 2024-12-31

FOOD AND RESOURCE CENTER OF SOUTH CENTRAL OKLAHOMA INC, founded in 2015, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $375K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Net assets of $1.7M represent 55 months of operating reserves.

Mission

PROVIDING FOOD SECURITY, PROMOTING SELF SUFFICIENCY.

Program Service Accomplishments

Program 1
Expenses: $361,870

PROVIDE FOOD TO THE NEEDY, FOCUSING ON FRESH FRUITS, VEGETABLES, AND OTHER HEALTHY CHOICES. PROMOTED GOOD NUTRITION THROUGH COOKING DEMONSTRATIONS AND COUNSELED INDIVIDUALS TO OVERCOME THE OBSTACLES...

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PROVIDE FOOD TO THE NEEDY, FOCUSING ON FRESH FRUITS, VEGETABLES, AND OTHER HEALTHY CHOICES. PROMOTED GOOD NUTRITION THROUGH COOKING DEMONSTRATIONS AND COUNSELED INDIVIDUALS TO OVERCOME THE OBSTACLES THAT CREATED THIER SITUATION. DURING 2024, WE PROVIDED APPROXIMATELY 75-90 POUNDS OF FOOD PER MONTH TO 4,248 HOUSEHOLDS WITH AN AVERAGE OF 2.3 MEMBERS PER HOUSEHOLD. WE CONDUCTED 40 COOKING DEMONSTRATIONS, AN AVERAGE OF 7 PERSONS ATTENDED EACH DEMONSTRATION.

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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 $359,858
Program Service Revenue $0
Investment Income $13,017
Other Revenue $1,800
TOTAL REVENUE $374,675

Expense Breakdown

Grants Paid $0
Salaries & Benefits $125,938
Fundraising Expenses $9,535
Program Expenses $361,870
Other Expenses $262,309
TOTAL EXPENSES $388,247

Year-over-Year Comparison

2024 2023 Change
Revenue $374,675 $238,319 +0.6%
Expenses $388,247 $392,766 0.0%
Net Income $-13,572 $-154,447 -0.9%
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
10
Independent Members
10
Employees
5
Volunteers
1381

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRICK HARVEY VICE CHAIRMA 0.50
Officer Director
$0 $0 $0
PRYCE HOLLEY TREASURER 0.50
Officer Director
$0 $0 $0
JAMIA CODY DIRECTOR 0.50
Director
$0 $0 $0
TRESSA MADDEN-MCGILL BOARD CHAIR 2.00
Officer Director
$0 $0 $0
LUIS MORENO DIRECTOR 0.50
Director
$0 $0 $0
ANDREA ANDERSON SECRETARY 1.00
Officer Director
$0 $0 $0
REV TOMMY L BROWN DIRECTOR 0.50
Director
$0 $0 $0
JODY UTT DIRECTOR 0.50
Director
$0 $0 $0
MELANIE BLACKBURN DIRECTOR 0.50
Director
$0 $0 $0
DILLON POTTER DIRECTOR 0.50
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 $374,675 $388,247 $1,737,606 $-13,572
2023 $238,319 $392,766 $1,740,166 $-154,447
2022 $410,461 $330,154 $1,888,396 $80,307
2021 $139,895 $312,834 $1,832,644 $-172,939
2020 $369,236 $301,890 $2,005,920 $67,346
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