THE REDBUD FOUNDATION INC

EIN: 731293464 501(c)(3)

OKLAHOMA CITY, OK

Total Revenue
$363,428
Total Expenses
$387,930
Total Assets
$294,253
Net Assets
$294,253
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
OK
Principal Officer
KRISTIN HERSOM
Phone
4058428295
Tax Period
2024-07-01 to 2025-06-30

THE REDBUD FOUNDATION INC, founded in 1982, is a small nonprofit that reported $363K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

TO PROMOTE PHYSICAL FITNESS THROUGH RUNNING AND CYCLING.

Program Service Accomplishments

Program 1
Expenses: $364,907 Revenue: $80,950

SPONSORED ANNUAL RUNNING/CYCLING EVENT WITH OVER 4,000 PARTICIPANTS, PROMOTING PHYSICAL FITNESS THROUGH RUNNING AND WALKING. THE FUNDS IN THE SPRING ALLOWED FOR THE DONATION OF 25,000 TO FOCUS ON...

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SPONSORED ANNUAL RUNNING/CYCLING EVENT WITH OVER 4,000 PARTICIPANTS, PROMOTING PHYSICAL FITNESS THROUGH RUNNING AND WALKING. THE FUNDS IN THE SPRING ALLOWED FOR THE DONATION OF 25,000 TO FOCUS ON HOME THAT IS DEDICATED TO SERVE FAMILIES IN NEED BY PROVIDING THE MEANS FOR A DIGNIFIED HOME, CREATING A CLEARER PATH TOWARDS A STRONGER FUTURE. THE FUNDS ALSO ALLOWED FOR A DONATION TO THE NICHOLS HILLS PARKS, INC. OF 2,000 WHICH WILL HELP ENHANCE THE PRESERVATION, BEAUTY AND MAINTENANCE OF THE RED BUD TREES.

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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 $272,185
Program Service Revenue $80,950
Investment Income $10,293
Other Revenue $0
TOTAL REVENUE $363,428

Expense Breakdown

Grants Paid $27,000
Salaries & Benefits $55,000
Fundraising Expenses $0
Program Expenses $364,907
Other Expenses $305,930
TOTAL EXPENSES $387,930

Year-over-Year Comparison

2024 2023 Change
Revenue $363,428 $404,515 -0.1%
Expenses $387,930 $407,803 0.0%
Net Income $-24,502 $-3,288 +6.5%
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
24
Independent Members
24
Employees
2
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
5
$55,000
Total Directors
27
$55,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WOOD BOARD MEMBER 2.00
Director
$0 $0 $0
HEATH SLAMONS PRESIDENT 2.00
Officer Director
$0 $0 $0
MEGHAN THOMPSON BOARD MEMBER 2.00
Director
$0 $0 $0
SEAN FITZGERALD BOARD MEMBER 2.00
Director
$0 $0 $0
KRISTIN HERSOM EXECUTIVE DI 40.00
Officer Director
$55,000 $0 $55,000
AMBER DAVIS SECRETARY 2.00
Officer Director
$0 $0 $0
CADE CHRISTIAN BOARD MEMBER 2.00
Director
$0 $0 $0
CHASE WEBB BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS GEIGER BOARD MEMBER 2.00
Director
$0 $0 $0
JD BROWN BOARD MEMBER 2.00
Director
$0 $0 $0
LINDSEY GREENWOOD BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL WILSON BOARD MEMBER 2.00
Director
$0 $0 $0
MYRON KNIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
RAY HECK BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN ELLIOTT VICE PRESIDE 2.00
Officer Director
$0 $0 $0
SCOTT CARLIN BOARD MEMBER 2.00
Director
$0 $0 $0
SCOTT PARMAN BOARD MEMBER 2.00
Director
$0 $0 $0
STEVE SCHLEGEL BOARD MEMBER 2.00
Director
$0 $0 $0
TRACEY JUSTICE MASON BOARD MEMBER 2.00
Director
$0 $0 $0
TRIP HENDERSON TREASURER 2.00
Officer Director
$0 $0 $0
WILL LAWLER BOARD MEMBER 2.00
Director
$0 $0 $0
ALYSSA SLAYTON BOARD MEMBER 2.00
Director
$0 $0 $0
BLAKE HENDERAON BOARD MEMBER 2.00
Director
$0 $0 $0
JASON LEACH BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER BOOTH BOARD MEMBER 2.00
Director
$0 $0 $0
NATHAN ELLIOTT BOARD MEMBER 2.00
Director
$0 $0 $0
TAYLOR JOVANOVICH 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 $363,428 $387,930 $294,253 $-24,502
2024 $404,515 $407,803 $318,755 $-3,288
2023 $386,647 $409,085 $322,043 $-22,438
2022 $326,642 $381,016 $289,261 $-54,374
2021 $95,649 $80,535 $343,635 $15,114
2020 $262,507 $197,114 $328,521 $65,393
2019 $456,107 $443,546 $263,128 $12,561
2018 $428,869 $415,519 $250,567 $13,350
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