TULSA TECHNOLOGY CENTER EDUCATION FOUNDATION INC

EIN: 731224787 501(c)(3)

BROKEN ARROW, OK

Total Revenue
$141,897
Total Expenses
$176,203
Total Assets
$247,961
Net Assets
$247,961
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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
1984
Legal Domicile
OK
Principal Officer
STEVE HUNTER
Phone
9186880242
Tax Period
2024-01-01 to 2024-12-31

TULSA TECHNOLOGY CENTER EDUCATION FOUNDATION INC, founded in 1984, is a small nonprofit that reported $142K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $176K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE FOR FINANCIAL NEEDS NOT FEASIBLY FUNDED BY TAX DOLLARS. BY MAKING GRANTS AND/OR EMERGENCY LOANS, THE FOUNDATION PROVIDES ASSISTANCE TO STUDENTS IN PROGRAMS WHICH REQUIRE LONG TERM STUDY AND IN PROGRAMS OF STUDY WHICH ARE TOO SHORT IN LENGTH TO QUALIFY FOR FEDERAL STUDENT AID.THESE GRANTS AND EMERGENCY LOANS ENABLE STUDENTS TO CONTINUE THEIR EDUCATION BY PROVIDING FINANCIAL ASSISTANCE FOR SPECIAL NEEDS SUCH AS THOSE GENERATED BY TRANSPORTATION PROBLEMS, PERSONAL OR FAMILY ILLNESS AND LIVING EXPENSES INCURRED AS A RESULT OF GOING TO SCHOOL.

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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 $76,055
Program Service Revenue $0
Investment Income $0
Other Revenue $65,842
TOTAL REVENUE $141,897

Expense Breakdown

Grants Paid $165,476
Salaries & Benefits $0
Fundraising Expenses $6,426
Program Expenses $165,476
Other Expenses $10,727
TOTAL EXPENSES $176,203

Year-over-Year Comparison

2024 2023 Change
Revenue $141,897 $214,636 -0.3%
Expenses $176,203 $167,345 +0.1%
Net Income $-34,306 $47,291 -1.7%
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
19
Independent Members
19
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE HUNTER PRESIDENT 0.00
Officer Director
$0 $0 $0
STEPHANIE POMEROY VICE PRESIDE 0.00
Officer Director
$0 $0 $0
JOSHUA BOWERS SECRETARY 0.00
Officer Director
$0 $0 $0
TERRI ROUSH TREASURER 0.00
Officer Director
$0 $0 $0
JEFF BAUM BY LAWS CHAI 0.00
Director
$0 $0 $0
DEBBIE WAKEN SCHOLARSHIP 0.00
Director
$0 $0 $0
VANESSA DAVIS CORP SPONSOR 0.00
Director
$0 $0 $0
MARIAH KIMBALL MEMBERSHIP C 0.00
Director
$0 $0 $0
RACHEL JACKSON PR CHAIR 0.00
Director
$0 $0 $0
TERRI BRIMMER CO-FUNDRAISI 0.00
Director
$0 $0 $0
DIANE MOORE FRIENDS OF T 0.00
Director
$0 $0 $0
PAUL BRODSKY FINANCE & PR 0.00
Director
$0 $0 $0
CHRISTOPHER BULLIS DIRECTOR 0.00
Director
$0 $0 $0
PAUL KING MEMBERSHIP C 0.00
Director
$0 $0 $0
MATT LAY DIRECTOR 0.00
Director
$0 $0 $0
JULIE MARTIN DIRECTOR 0.00
Director
$0 $0 $0
MATTHEW SCHONE DIRECTOR 0.00
Director
$0 $0 $0
CHRISTIA SIMMONS DIRECTOR 0.00
Director
$0 $0 $0
LOU STACKLER DIRECTOR 0.00
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 $141,897 $176,203 $247,961 $-34,306
2023 $214,636 $167,345 $282,266 $47,291
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