OKLAHOMA ASSOCIATION OF BROADCASTE… - Form 990 Financial Data

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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

1983

Legal Domicile

Principal Officer

NANCY STRUBY

Phone

4058480771

Tax Period

2023-01-01 to 2023-12-31

OKLAHOMA ASSOCIATION OF BROADCASTERS, founded in 1983, is a small nonprofit that reported $631K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $587K left a modest 7% surplus.

Mission

WORKS TO SERVE THE PUBLIC INTEREST AND PROMOTE THE COOPERATION AND PROSPERITY OF ITS MEMBERS

Program Service Accomplishments

Program 1

TO CONDUCT THE ANNUAL CONVENTION AND OTHER MEETINGS INCLUDING SPECIAL SEMINARS DURING THE YEAR FOR THE MEMBERS OF THE ASSOCIATION.

Program 2

TO ADMINISTER THE PUBLIC EDUCATION PARTNERSHIP PROGRAM, WHICH IS A VOLUNTARY PROGRAM IN WHICH THE ASSOCIATION'S MEMBERS CAN PARTICIPATE. THE PROGRAM IS DESIGNED TO GIVE NON-PROFIT AND NON-POLITICAL ORGANIZATIONS, WITH LIMITED FUNDS EARMARKED FOR PUBLIC EDUCATION, STATEWIDE RADIO AND TELEVISION COVERAGE.

Program 3

TO ENCOURAGE AN INDUSTRY-WIDE COOPERATIVE EFFORT FOR PROVIDING WEATHER-WARNING SERVICES AND THE BROADCASTING OF ATHLETIC, POLITICAL OR OTHER PUBLIC EVENTS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $351,418

Investment Income $279,857

Other Revenue $0

TOTAL REVENUE $631,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $363,392

Fundraising Expenses $0

Other Expenses $223,890

TOTAL EXPENSES $587,282

Year-over-Year Comparison

	2023	2022	Change
Revenue	$631,275	$490,059	+0.3%
Expenses	$587,282	$628,447	-0.1%
Net Income	$43,993	$-138,388	-1.3%

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

Governance

Voting Members

Independent Members

Employees

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

$196,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY CALVERT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRENT HENSLEY	PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
WES MILBOURN	TREASURER	1.00	Officer Director	$0	$0	$0
WILL PAYNE	DIRECTOR	1.00	Director	$0	$0	$0
FRED MORTON	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
BOB VILLONES	DIRECTOR	1.00	Director	$0	$0	$0
TERRY MONDAY	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN POTTER	DIRECTOR	1.00	Director	$0	$0	$0
TY TYLER	DIRECTOR	1.00	Director	$0	$0	$0
HESTON WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
VANCE HARRISON	PRESIDENT, CEO AND SECRETA	40.00	Officer	$196,175	$0	$196,175

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
2024	No data	No data	No data	No data
2023	$631,275	$587,282	$1,732,281	$43,993
2022	$490,059	$628,447	$1,788,942	$-138,388
2021	$544,252	$537,081	$2,224,386	$7,171
2020	$504,333	$542,737	$2,069,904	$-38,404
2019	$760,960	$648,191	$1,932,181	$112,769
2018	$655,400	$640,988	$1,747,054	$14,412

OKLAHOMA ASSOCIATION OF BROADCASTERS