COMMUNITY ACTION RESOURCE AND DEVELOPMEN

EIN: 730772528 501(c)(3)

CLAREMORE, OK

Total Revenue
$14,759,196
Total Expenses
$14,852,645
Total Assets
$9,833,713
Net Assets
$9,083,778
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
OK
Principal Officer
KAROL MAY
Phone
9183415000
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY ACTION RESOURCE AND DEVELOPMEN, founded in 1968, is a mid-sized nonprofit that reported $14.8M in total revenue in fiscal year 2024.

Mission

TO ALLEVIATE & ERADICATE POVERTY WITHIN THE COUNTIES & THE AREA OF OPERATION OF THE FOUNDATION.

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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 $12,704,772
Program Service Revenue $2,034,957
Investment Income $442
Other Revenue $19,025
TOTAL REVENUE $14,759,196

Expense Breakdown

Grants Paid $108,101
Salaries & Benefits $9,395,521
Fundraising Expenses $77,228
Program Expenses $13,425,584
Other Expenses $5,349,023
TOTAL EXPENSES $14,852,645

Year-over-Year Comparison

2024 2023 Change
Revenue $14,759,196 $15,129,260 0.0%
Expenses $14,852,645 $14,926,930 0.0%
Net Income $-93,449 $202,330 -1.5%
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
12
Employees
368
Volunteers
1076

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
6
$247,505
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE DUNLAP PRESIDENT 2.00
Officer Director
$0 $0 $0
STEVE HENDRIX BOARD MEMBER 1.00
Director
$0 $0 $0
TROY FRIDDLE BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE GROSSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
NICK MARKS BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA ALLEN SECRETARY 2.00
Officer Director
$0 $0 $0
ROBIN MCSPADDEN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
DOUGH SONENBERG TREASURER 2.00
Officer Director
$0 $0 $0
DENNIS MCCOLLUM BOARD MEMBER 1.00
Director
$0 $0 $0
STORM KOCH BOARD MEMBER 1.00
Director
$0 $0 $0
KIM LARMON BOARD MEMBER 1.00
Director
$0 $0 $0
KAROL MAY EXECUTIVE DIRECTOR 40.00
Officer
$140,367 $0 $140,367
TAMMY SCULLAWL FINANCE DIRECTOR 40.00
Officer
$107,138 $0 $107,138
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 $14,759,196 $14,852,645 $9,833,713 $-93,449
2023 $15,129,260 $14,926,930 $10,060,176 $202,330
2022 $12,879,384 $13,900,647 $9,269,552 $-1,021,263
2021 $13,145,718 $13,350,088 $9,458,062 $-204,370
2020 $11,761,447 $12,462,424 $9,419,450 $-700,977
2019 $11,882,972 $12,701,012 $9,425,154 $-818,040
2018 $11,332,416 $11,997,813 $9,540,461 $-665,397
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