KATHERYNE B PAYNE EDUCATION CENTER

EIN: 731254896 501(c)(3)

OKLAHOMA CITY, OK

Total Revenue
$951,372
Total Expenses
$797,246
Total Assets
$3,399,106
Net Assets
$3,201,080
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
OK
Principal Officer
CHARLIE KNIGHT
Phone
4057554205
Tax Period
2024-09-01 to 2025-08-31

KATHERYNE B PAYNE EDUCATION CENTER, founded in 1984, is a small nonprofit that reported $951K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $154K, a strong 16% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO TRAIN TEACHERS TO PREVENT READING DIFFICULTIES IN CHILDREN AND TO REMEDIATE DYSLEXIA WHILE SERVING AS A RESOURCE AND REFERRAL CENTER.

Program Service Accomplishments

Program 1
Expenses: $592,871 Revenue: $282,244

THE ORGANIZATION SERVES TEACHERS ACROSS THE STATE OF OKLAHOMA BY TRAINING IN STRUCTURED LITERACY, INCLUDING A FULL RANGE OF LANGUAGE ARTS PROGRAMS AND "SCIENCE OF READING" CURRICULUM PROGRAMS. THE...

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THE ORGANIZATION SERVES TEACHERS ACROSS THE STATE OF OKLAHOMA BY TRAINING IN STRUCTURED LITERACY, INCLUDING A FULL RANGE OF LANGUAGE ARTS PROGRAMS AND "SCIENCE OF READING" CURRICULUM PROGRAMS. THE CENTER TRAINING PROGRAM IS ACCREDITED BY THE INTERNATIONAL MULTI-SENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL IN TRAINING TEACHERS TO TEACH THE BASIC LANGUAGE SKILLS TO INDIVDUALS WITH LANGUAGE LEARNING DIFFERENCES, PARTICULARLY DYSLEXIA. THE ORGANIZATION WAS ESTABLISHED BY PARENTS SEEKING SOLUTIONS TO THEIR CHILDREN'S READING DIFFICULTIES. THE ORGANIZATION IS COMMITTED TO ENSURING THAT NO CHILD SHOULD STRUGGLE TO READ. FOR THE FISCAL YEAR ENDED AUGUST 31, 2025; 735 INDIVIDUALS WERE TRAINED, 1,642 OF PARENT AND SCHOOL CONSULTATIONS AND PARENT REFERRAL SERVICE HOUR WERE PROVIDED BY THE ORGANIZATION AND 2,130 HOURS TUTORING STUDENTS WITH READING.DISABILITIES AND/OR DYSLEXIA. 49% OF STUDENTS RECEIVING TUTORING SERVICES LIVE BELOW THE POVERTY LINE.

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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 $404,881
Program Service Revenue $282,244
Investment Income $213,237
Other Revenue $51,010
TOTAL REVENUE $951,372

Expense Breakdown

Grants Paid $0
Salaries & Benefits $449,833
Fundraising Expenses $84,270
Program Expenses $592,871
Other Expenses $347,413
TOTAL EXPENSES $797,246

Year-over-Year Comparison

2024 2023 Change
Revenue $951,372 $857,772 +0.1%
Expenses $797,246 $831,392 0.0%
Net Income $154,126 $26,380 +4.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
31
Volunteers
41

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
$88,503
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER JOHNSON EXECUTIVE DI 40.00
Officer
$88,503 $0 $88,503
CHARLIE KNIGHT BOARD CHAIR 2.00
Officer Director
$0 $0 $0
SAMANTHA BINA TREASURER 2.00
Officer Director
$0 $0 $0
DAVE ABELN BOARD MEMBER 2.00
Director
$0 $0 $0
LUCIA FROLING BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE KRAUSE BOARD MEMBER 2.00
Director
$0 $0 $0
COLE OSBORNE BOARD MEMBER 2.00
Director
$0 $0 $0
LAUREN RIEPL BOARD MEMBER 2.00
Director
$0 $0 $0
LYNNE SCHONACHER BOARD MEMBER 2.00
Director
$0 $0 $0
RICARD V SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
DIANE STOUT BOARD MEMBER 2.00
Director
$0 $0 $0
TRESSA WILSON BOARD MEMBER 2.00
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
2025 $951,372 $797,246 $3,399,106 $154,126
2024 $857,772 $831,392 $3,222,507 $26,380
2023 $822,792 $902,860 $3,041,589 $-80,068
2022 $1,120,872 $939,262 $2,635,960 $181,610
2021 $808,765 $721,397 $2,893,883 $87,368
2021 $809,877 $721,397 $2,894,963 $88,480
2020 $648,274 $623,570 $2,569,502 $24,704
2019 $705,519 $643,511 $2,308,573 $62,008
2018 $722,881 $709,969 $2,322,520 $12,912
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