SOUTHWESTERN OKLAHOMA STATE UNIVERSITY FOUNDATION INC (EIN 731024870) - 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

1974

Legal Domicile

Principal Officer

Garrett King

Phone

5807743267

Tax Period

2023-01-01 to 2023-12-31

SOUTHWESTERN OKLAHOMA STATE UNIVERSITY FOUNDATION INC, founded in 1974, is a community nonprofit in the Education sector that reported $7.6M in total revenue in fiscal year 2023. Revenue surged 73% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 48% operating margin.

Mission

TO HELP SOUTHWESTERN OKLAHOMA STATE UNIVERSITY RAISE THE RESOURCES NEEDED FOR THE UNIVERSITY TO ADVANCE BEYOND WHAT IS POSSIBLE WITH STATE FUNDS AND TO ASSIST STUDENTS WITH TUITION AND FEES IN THE FORM OF SCHOLARSHIPS FOR ATTENDANCE AT SOUTHWESTERN OKLAHOMA STATE UNIVERSITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $5,813,839

Program Service Revenue $32,087

Investment Income $1,289,492

Other Revenue $505,021

TOTAL REVENUE $7,640,439

Expense Breakdown

Grants Paid $1,493,685

Salaries & Benefits $0

Fundraising Expenses $210,367

Program Expenses $3,422,547

Other Expenses $2,471,547

TOTAL EXPENSES $3,965,232

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,640,439	$4,404,219	+0.7%
Expenses	$3,965,232	$7,960,841	-0.5%
Net Income	$3,675,207	$-3,556,622	-2.0%

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

N/A

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

$141,350

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Garrett King	Executive Dir.	40.00	Officer	$0	$0	$141,350
Lori Boyd	Trustee	1.00	Director	$0	$0	$0
Philip Busey	President	2.00	Officer Director	$0	$0	$0
Jeff Defehr	Trustee	1.00	Director	$0	$0	$0
Bryan Evans	Vice President	2.00	Officer Director	$0	$0	$0
David Ferrell	Trustee	1.00	Director	$0	$0	$0
Juan Garcia	Secretary	2.00	Officer Director	$0	$0	$0
Lori Harper	Trustee	1.00	Director	$0	$0	$0
Michael Hart	Vice President	2.00	Officer Director	$0	$0	$0
Mark Hatton	Trustee	1.00	Director	$0	$0	$0
James Keehn	Treasurer	1.00	Officer Director	$0	$0	$0
Bruce Magill	Trustee	2.00	Director	$0	$0	$0
Thomas Mapel	Trustee	1.00	Director	$0	$0	$0
Melani Mouse	Trustee	1.00	Director	$0	$0	$0
Mark Russell	Trustee	1.00	Director	$0	$0	$0
Bryce Conway	Trustee	1.00	Director	$0	$0	$0
Stephen Nelson	Trustee	1.00	Director	$0	$0	$0
Sue Cornell	Trustee	1.00	Director	$0	$0	$0
Cammi Valdez	Trustee	1.00	Director	$0	$0	$0
Jerrad Richards	Trustee	1.00	Director	$0	$0	$0
Kirti Vaidya Reddy	Trustee	1.00	Director	$0	$0	$0
Kelli Litsch	Trustee	1.00	Director	$0	$0	$0
Mark Holmstrom	Trustee	1.00	Director	$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
2024	No data	No data	No data	No data
2023	$7,640,439	$3,965,232	$34,167,399	$3,675,207
2022	$4,404,219	$7,960,841	$28,142,774	$-3,556,622
2021	$11,956,382	$2,560,336	$37,553,031	$9,396,046
2020	$2,080,745	$2,217,633	$28,837,043	$-136,888
2019	$2,762,587	$2,992,816	$26,895,372	$-230,229
2018	$4,361,012	$2,699,880	$23,322,410	$1,661,132

SOUTHWESTERN OKLAHOMA STATE UNIVERSITY FOUNDATION INC