OKLAHOMA PETROLEUM MARKETERS & CONVENIENCE STORES ASSOCIATION INC

EIN: 730709109

OKLAHOMA CITY, OK

Total Revenue
$359,415
Total Expenses
$385,759
Total Assets
$1,182,723
Net Assets
$1,054,879
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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
1952
Legal Domicile
OK
Principal Officer
CANDACE MCGINNIS
Phone
4058426625
Tax Period
2024-07-01 to 2025-06-30

OKLAHOMA PETROLEUM MARKETERS & CONVENIENCE STORES ASSOCIATION INC, founded in 1952, is a small nonprofit that reported $359K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Net assets of $1.1M represent 35 months of operating reserves.

Mission

THE ORGANIZATION IS AN ASSOCIATION OF PETROLEUM MARKETERS AND CONVENIENCE STORES FORMED TO ENCOURAGE AND DEVELOP CLOSER RELATIONS AMONG ITS MEMBERS. ALSO, THE ORGANIZATION TRIES TO PROTECT AND ADVANCE THE INTERESTS OF MEMBERS THROUGH DISCUSSION OF COMMON PROBLEMS AND METHODS FOR IMPROVEMENT IN PUBLIC RELATIONS AND INDUSTRY RELATIONS.

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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 $271,671
Investment Income $25,801
Other Revenue $61,943
TOTAL REVENUE $359,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120,215
Fundraising Expenses $0
Program Expenses $195,299
Other Expenses $265,544
TOTAL EXPENSES $385,759

Year-over-Year Comparison

2024 2023 Change
Revenue $359,415 $378,746 -0.1%
Expenses $385,759 $448,162 -0.1%
Net Income $-26,344 $-69,416 -0.6%
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
6
Independent Members
6
Employees
1
Volunteers
N/A

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
3
$106,175
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM KIRBY CHAIRMAN 0.50
Officer
$0 $0 $0
ALEX WILLIAMS VICE CHAIRMA 0.50
Officer
$0 $0 $0
TROY EARNHEART BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTT MINTON BOARD MEMBER 0.50
Director
$0 $0 $0
JUSTIN ROBINSON BOARD MEMBER 0.50
Director
$0 $0 $0
BRINDAN SHEPHERD BOARD MEMBER 0.50
Director
$0 $0 $0
CANDACE MCGINNIS EXECUTIVE DI 40.00
Officer
$106,175 $0 $106,175
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 $359,415 $385,759 $1,182,723 $-26,344
2024 $378,746 $448,162 $1,181,793 $-69,416
2023 $312,740 $354,799 $1,205,933 $-42,059
2022 $301,108 $347,203 $1,181,033 $-46,095
2021 $290,230 $354,861 $1,252,541 $-64,631
2020 $224,899 $347,063 $1,247,631 $-122,164
2019 $350,851 $390,411 $1,329,449 $-39,560
2018 $384,000 $387,877 $1,365,240 $-3,877
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