EARC Inc

EIN: 731100113 501(c)(3) Human Services

Edmond, OK

Total Revenue
$5,452,366
Total Expenses
$5,387,730
Total Assets
$3,236,110
Net Assets
$3,008,602
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
OK
Principal Officer
Bonnie Wells
Phone
4053417132
Tax Period
2022-07-01 to 2023-06-30

EARC Inc, founded in 1969, is a community nonprofit in the Human Services sector that reported $5.5M in total revenue in fiscal year 2022.

Mission

TO PROVIDE A BETTER QUALITY OF LIFE AND GREATER INDEPENDENCE TO ADULTS WITH DEVELOPMENTAL DISABILITIES.

Program Service Accomplishments

Program 1
Expenses: $4,779,846 Revenue: $5,133,552

EMPLOYMENT AND RESIDENTIAL CENTERS (EARC) IS OUR NAME, BUT THAT IS ONLY THE BEGINNING OF OUR MISSION. EARC IS MORE THAN A PLACE TO WORK. IT IS MORE THAN A HOME. IT IS A PLACE TO SUCCEED. THE EARC...

Read more

EMPLOYMENT AND RESIDENTIAL CENTERS (EARC) IS OUR NAME, BUT THAT IS ONLY THE BEGINNING OF OUR MISSION. EARC IS MORE THAN A PLACE TO WORK. IT IS MORE THAN A HOME. IT IS A PLACE TO SUCCEED. THE EARC MISSION IS TO PROVIDE A BETTER QUALITY OF LIFE AND ENCOURAGE GREATER INDEPENDENCE TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. OPPORTUNITIES FOR BETTER QUALITY OF LIFE BEGIN IN THE HOME. EARC OFFERS IN-HOME SUPPORT SERVICES AND HAS TWO GROUP HOMES WHERE RESIDENTS LEARN DAILY LIVING SKILLS SUCH AS HOUSEKEEPING, HYGIENE AND BUDGETING. THERE IS ALSO AN INTERMEDIATE CARE FACILITY FOR ADULTS WITH MORE SEVERE DISABILITIES CALLED NOVA CENTRE WHICH HAS 24-HOUR CARE AND TRAINING. EARC HAS OPENED SEVERAL DAILY LIVING SUPPORT HOMES THAT ALSO PROVIDE CONTINUOUS STAFF SERVICES FOR INSTRUCTION AND SUPERVISION. INDEPENDENCE ALSO MEANS EARNING WAGES AND CONTRIBUTING TO THE COMMUNITY. THE TRAILS SHELTERED WORKSHOP IS A FACILITY WHICH OFFERS INDIVIDUALS THE OPPORTUNITY TO LEARN WORK SKILLS AND RECEIVE A PAYCHECK. SOME INDIVIDUALS CAN WORK ALONGSIDE NON-DISABLED WORKERS WITH THE HELP OF A JOB COACH, THROUGH COMMUNITY INTEGRATED EMPLOYMENT. A PLACE TO SEE EARC SUCCESS STORIES IN PROGRESS AND FIND GREAT BARGAINS IS AT ONE OF THE THREE THRIFT STORES IN EDMOND AND GUTHRIE. OUR CLIENTS WORK AT THE STORES LEARNING SKILLS IN RETAIL, CUSTOMER SERVICE AND ORGANIZATION. ALL DONATIONS TO EARC STORES STAY IN THE LOCAL COMMUNITY TO SUPPORT SERVICES. EARC IS AN INSPIRING AGENCY WHERE INDIVIDUALS CAN SEE THEIR ACCOMPLISHMENTS AND FIND PRIDE IN THEIR SUCCESS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $189,890
Program Service Revenue $4,313,924
Investment Income $19,507
Other Revenue $929,045
TOTAL REVENUE $5,452,366

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,022,930
Fundraising Expenses $0
Program Expenses $4,779,846
Other Expenses $1,364,800
TOTAL EXPENSES $5,387,730

Year-over-Year Comparison

2022 2021 Change
Revenue $5,452,366 $5,362,252 +0.0%
Expenses $5,387,730 $4,785,415 +0.1%
Net Income $64,636 $576,837 -0.9%
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

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
220
Volunteers
36

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
$97,164
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONNIE WELLS EXECUTIVE DIRECTOR 40.0
Officer
$94,334 $2,830 $97,164
Darla Tipps PRESIDENT 1.0
Officer Director
$0 $0 $0
Leah Agers VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
Chuck Musgrave TREASURER 1.0
Officer Director
$0 $0 $0
Stephanie Hurley SECRETARY 1.0
Officer Director
$0 $0 $0
Marcellius Bell Director 1.0
Director
$0 $0 $0
Cathey Cooper DIRECTOR 1.0
Director
$0 $0 $0
Catryse Bailey Director 1.0
Director
$0 $0 $0
Edward Wallace Director 1.0
Director
$0 $0 $0
Lisa Rhodes Director 1.0
Director
$0 $0 $0
Kenny Holloway DIRECTOR 1.0
Director
$0 $0 $0
Anne Scudder DIRECTOR 1.0
Director
$0 $0 $0
Kimberley Sheppard Past President 1.0
Officer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $5,452,366 $5,387,730 $3,236,110 $64,636
2022 $5,362,252 $4,785,415 $3,396,149 $576,837
2021 $4,298,457 $4,300,216 $3,246,001 $-1,759
2020 $4,060,982 $4,007,795 $3,290,906 $53,187
2019 $3,923,903 $3,669,645 $2,595,440 $254,258
2018 $3,389,838 $3,416,360 $2,334,918 $-26,522
Explore More Nonprofits
Top 100 Nonprofits in Oklahoma Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare EARC Inc with other nonprofits in Oklahoma and across the country.