Oklahoma State Union of the Farmers Edu- cational & Cooperative Union of America

EIN: 730235820

Oklahoma City, OK

Total Revenue
$4,724,360
Total Expenses
$3,232,970
Total Assets
$2,355,709
Net Assets
$2,355,709
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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
1984
Legal Domicile
OK
Principal Officer
Scott Blubaugh
Phone
4052185400
Tax Period
2024-01-01 to 2024-12-31

Oklahoma State Union of the Farmers Edu- cational & Cooperative Union of America, founded in 1984, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 32% operating margin.

Mission

Develop and administer agricultural education programs for youth and adults.

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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 $0
Program Service Revenue $4,696,182
Investment Income $28,178
Other Revenue $0
TOTAL REVENUE $4,724,360

Expense Breakdown

Grants Paid $55,031
Salaries & Benefits $981,148
Fundraising Expenses $0
Other Expenses $2,196,791
TOTAL EXPENSES $3,232,970

Year-over-Year Comparison

2024 2023 Change
Revenue $4,724,360 $3,604,984 +0.3%
Expenses $3,232,970 $3,131,807 +0.0%
Net Income $1,491,390 $473,177 +2.2%
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
12
Independent Members
9
Employees
14
Volunteers
150

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
$398,581
Total Directors
14
$413,281
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Blubaugh President 36.00
Officer Director
$156,646 $45,602 $202,248
Paul Jackson Secretary 36.00
Officer Director
$99,601 $41,348 $140,949
Thomas Wallace Vice President as of Feb 2024 3.00
Officer Director
$42,431 $1,645 $44,076
Ryan PlemmonsVP until Feb 2024/Board Member as of Feb 2024 3.00
Officer Director
$11,308 $0 $11,308
James Shelton Board Member 5.00
Director
$1,800 $0 $1,800
Roger Edenborough Board Member 5.00
Director
$1,800 $0 $1,800
Mason Mungle Board Member 5.00
Director
$1,800 $0 $1,800
Loyd Steward Board Member 5.00
Director
$1,800 $0 $1,800
John Porter Board Member 5.00
Director
$1,800 $0 $1,800
Dustin Tackett Board Member 5.00
Director
$1,800 $0 $1,800
William Lane Board Member 5.00
Director
$1,800 $0 $1,800
Barry Squires Board Member as of Feb 2024 5.00
Director
$1,500 $0 $1,500
Landon Jestis Board Member until Feb 2024 5.00
Director
$300 $0 $300
Brett Morris Board Member until Feb 2024 5.00
Director
$300 $0 $300
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 $4,724,360 $3,232,970 $2,355,709 $1,491,390
2023 $3,604,984 $3,131,807 $864,319 $473,177
2022 $2,143,499 $2,308,253 $391,142 $-164,754
2021 $2,082,673 $2,085,295 $555,896 $-2,622
2020 $2,202,540 $2,176,601 $601,036 $25,939
2020 $2,316,640 $2,117,115 $558,518 $199,525
2019 $2,129,285 $2,109,300 $507,468 $19,985
2018 $2,153,827 $2,312,401 $486,537 $-158,574
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