Oklahoma Blood Institute (EIN 731008735) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Phone

4052975700

Tax Period

2024-04-01 to 2025-03-31

Oklahoma Blood Institute, founded in 1977, is a major nonprofit in the Health Care sector that reported $155.9M in total revenue in fiscal year 2024. Expenses of $149.7M left a modest 4% surplus.

Mission

TO BE THE DONOR TO PATIENT LIFELINE BY MEETING BLOOD TRANSFUSION AND HEALTH CARE NEEDS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,766,490

Program Service Revenue $146,555,189

Investment Income $5,226,361

Other Revenue $1,376,966

TOTAL REVENUE $155,925,006

Expense Breakdown

Grants Paid $501,053

Salaries & Benefits $80,121,198

Fundraising Expenses $0

Program Expenses $127,537,936

Other Expenses $69,110,819

TOTAL EXPENSES $149,733,070

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,925,006	$146,202,331	+0.1%
Expenses	$149,733,070	$140,507,319	+0.1%
Net Income	$6,191,936	$5,695,012	+0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1406

Volunteers

4350

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

$3,857,334

Total Directors

$1,321,190

Key Employees

$987,851

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David R Carpenter	Board Vice Chairman	3.0	Officer Director	$0	$0	$0
John B Armitage MD	President & CEO	50.0	Officer Director	$830,992	$79,913	$910,905
Randall G Stark	Treasurer & CFO	50.0	Officer Director	$310,664	$50,121	$360,785
Richard Boatsman MD	Board Chairman	3.0	Officer Director	$0	$0	$0
Craig Sperry	Director	1.0	Director	$0	$0	$0
David A Flack	Director	1.0	Director	$0	$0	$0
Evan Vincent	Director	1.0	Director	$12,000	$0	$12,000
Frank Barnett	Director	1.0	Director	$0	$0	$0
Garland Wilkinson	Director	2.0	Director	$0	$0	$0
Gary L Patzkowsky DO	Director	1.0	Director	$0	$0	$0
Gary Mitchell	Director	1.0	Director	$0	$0	$0
Henry J Hood	Director	1.0	Director	$12,000	$0	$12,000
Jay A Gregory	Director	1.0	Director	$0	$0	$0
Joe M Hodges	Director	2.0	Director	$1,500	$0	$1,500
Judy G Parker	Director	1.0	Director	$0	$0	$0
Kristi R Weaber	Director	2.0	Director	$0	$0	$0
Kym Koch-Thompson	Director	1.0	Director	$0	$0	$0
Larry Bookman MD	Director	3.0	Director	$12,000	$0	$12,000
Michelle Powers	Director	1.0	Director	$0	$0	$0
Paul Stout	Director	1.0	Director	$0	$0	$0
Randal C Juengel MD	Director	2.0	Director	$12,000	$0	$12,000
Scott Calhoon	Director	2.0	Director	$0	$0	$0
Theodore Violett	Associate Director	1.0	Director	$0	$0	$0
W H Oehlert	Director	1.0	Director	$0	$0	$0
Charles Mooney	Vice Pres-Bio Development	50.0	Officer	$223,923	$61,590	$285,513
Jason L Padgham	Vice Pres-Technical Operations (END: 5/3/24)	50.0	Officer	$143,364	$17,909	$161,273
John N Marcellus	Chief Information Officer	50.0	Officer	$214,142	$52,343	$266,485
Kimberly J Van Antwerpen	Chief Operations Officer	50.0	Officer	$311,410	$37,547	$348,957
Laura S McClannan	Vice Pres-Quality Mgmt	50.0	Officer	$219,634	$28,593	$248,227
Marlena E Frye	Vice Pres-Donor Services	50.0	Officer	$169,408	$43,277	$212,685
Tamara J Kirkwood	Vice Pres-CR & DR	50.0	Officer	$220,318	$29,934	$250,252
Terry Ridenour	Vice Pres-Center Admin & Ops	50.0	Officer	$208,199	$30,801	$239,000
Walter J Linz	Chief Medical Officer	50.0	Officer	$451,766	$121,486	$573,252
Joseph R McNeil	Vice Pres-Human Resources	50.0	Key Emp	$183,346	$40,214	$223,560
Justin R Redwine	Chief Technology Officer	50.0	Key Emp	$181,065	$58,704	$239,769
Michael E Stevenson	Medical Director	50.0	Key Emp	$271,367	$29,055	$300,422
Tara N Scott	Vice Pres-Marketing & Communications	50.0	Key Emp	$182,649	$41,451	$224,100
Andrew Schneider	Associate Vice Pres-Comm Systems	50.0	Highest	$166,305	$27,911	$194,216
Brandon Baker	Associate Vice Pres - DR & Center Ops	50.0	Highest	$147,309	$22,868	$170,177
John E Krischel	Director-Service Delivery	50.0	Highest	$142,479	$22,266	$164,745
Michelle L Stewart	Controller	50.0	Highest	$164,841	$36,198	$201,039
Randel Petty	Executive Director-Client Relations	50.0	Highest	$141,157	$27,668	$168,825

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	$155,925,006	$149,733,070	$119,943,961	$6,191,936
2024	$146,202,331	$140,507,319	$115,110,930	$5,695,012
2023	$138,131,932	$133,319,786	$107,891,650	$4,812,146
2022	$135,084,699	$128,376,114	$100,987,193	$6,708,585
2021	$144,930,726	$123,847,115	$95,667,966	$21,083,611
2020	$117,823,998	$114,320,892	$76,132,218	$3,503,106
2019	$108,695,066	$104,973,186	$70,238,299	$3,721,880
2018	$103,379,574	$101,608,929	$66,891,279	$1,770,645

Oklahoma Blood Institute