Oklahoma Trucking Association

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1932

Legal Domicile

Principal Officer

JIM NEWPORT

Phone

4055259488

Tax Period

2022-07-01 to 2023-06-30

Oklahoma Trucking Association, founded in 1932, is a small nonprofit that reported $482K in total revenue in fiscal year 2022.

Mission

THE OKLAHOMA TRUCKING ASSOCIATION PROVIDES MEMBERS WITH TECHNICAL SERVICES, INDUSTRY INFORMATION, EDUCATIONAL SEMINARS, REGULATORY REQUIREMENTS, HAZARDOUS MATERIAL SAFETY PROGRAMS, AND ASSISTS IN IMPROVING TRUCKING INDUSTRY EXPANSION AND INDUSTRY RESEARCH; TO PROMOTE HIGHWAY AND DRIVER SAFETY, AND TO STRIVE FOR A HEALTHY BUSINESS ENVIRONMENT.

Program Service Accomplishments

Program 1

ANNUAL CONVENTION/MIDWINTER CONFERENCE ANNUAL EVENTS THAT PROVIDE LEGISLATIVE AND TRUCKING INDUSTRY UPDATES TO THE MEMBERSHIP THROUGHOUT THE YEAR.

Program 2

MAGAZINE PUBLICATION: OKLAHOMA MOTOR CARRIER QUARTERLY MAGAZINE QUARTERLY PUBLICATION THAT INFORMS MEMBERS OF THE ASSOCIATION ON THE LATEST TRENDS AND INFORMATION IN THE TRUCKING INDUSTRY.

Program 3

TRUCK DRIVING CHAMPIONSHIP ANNUAL EVENT THAT ALLOWS DRIVERS TO COMPETE IN A MULTI-PART COMPETITION. THOSE WHO PLACE AMONG THEIR CLASS QUALIFY TO COMPETE AT THE NATIONAL LEVEL.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $224,971

Program Service Revenue $220,725

Investment Income $8,765

Other Revenue $27,176

TOTAL REVENUE $481,637

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,245

Fundraising Expenses $0

Other Expenses $357,732

TOTAL EXPENSES $483,977

Year-over-Year Comparison

	2022	2021	Change
Revenue	$481,637	$454,184	+0.1%
Expenses	$483,977	$418,445	+0.2%
Net Income	$-2,340	$35,739	-1.1%

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

Governance

Voting Members

Independent Members

Employees

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
BOB ACKER	VP At-Large	0.1	Officer Director	$0	$0	$0
JO-DON CLANTON	VP At-Large	0.1	Officer Director	$0	$0	$0
DAVID SNAPP	Past Chairman	0.1	Officer Director	$0	$0	$0
MARIO ARCHAGA	1st Vice Chair	0.1	Officer Director	$0	$0	$0
DAVID FREYMILLER	VP AT-LARGE	0.1	Officer Director	$0	$0	$0
ZAC KANNADY	Chairman	0.1	Officer Director	$0	$0	$0
BRIAN MALATKA	VP AT-LARGE	0.1	Officer Director	$0	$0	$0
BOBBY SMITH	2nd Vice Chair	0.1	Officer Director	$0	$0	$0
Robert Ragan	STATE VP TO ATA	0.1	Officer Director	$0	$0	$0
ADAM DYE	VP At-Large End: 12/22	0.1	Officer Director	$0	$0	$0
Carmalieta Wells	VP At-Large	0.1	Officer Director	$0	$0	$0
JIM NEWPORT	CEO & PRESIDENT	40.0	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$481,637	$483,977	$835,028	$-2,340
2022	$454,184	$418,445	$822,483	$35,739
2021	$384,094	$374,695	$788,972	$9,399
2020	$441,917	$428,109	$782,291	$13,808
2019	$533,988	$470,431	$798,863	$63,557
2018	$544,716	$498,909	$740,222	$45,807