JIM THORPE ASSOCIATION INC

EIN: 731306116 501(c)(3)

OKLAHOMA CITY, OK

Total Revenue
$879,156
Total Expenses
$842,571
Total Assets
$3,764,235
Net Assets
$3,752,167
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OK
Principal Officer
FRANK NAIFEH
Phone
4054271400
Tax Period
2023-01-01 to 2023-12-31

JIM THORPE ASSOCIATION INC, founded in 1987, is a small nonprofit that reported $879K in total revenue in fiscal year 2023. Expenses of $843K left a modest 4% surplus.

Mission

THE JIM THORPE ASSOCIATION IS A 501(C)(3) NON-PROFIT CHARITABLE ORGANZIATION THAT ENCOURAGES EXCELLENCE IN SPORTS, ACADEMICS, HEALTH AND FITNESS; PRESERVES OUR SPORTS HERITAGE AND BUILDS PRIDE AND POSITIVE LIFESTYLES IN THE SPIRIT OF NATIVE AMERICAN LEGEND JIM THORPE.

Program Service Accomplishments

Program 1
Expenses: $384,343 Revenue: $200,991

OPERATION OF THE JIM THORPE MUSEUM, OKLAHOMA SPORTS HALL OF FAME, IN OKLAHOMA CITY. THE MUSEUM PRESERVES THE HISTORY OF JIM THORPE BOTH AS AN INDIVIDUAL AND AS AN ATHLETE. IT ALSO FOCUSES ON THE...

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OPERATION OF THE JIM THORPE MUSEUM, OKLAHOMA SPORTS HALL OF FAME, IN OKLAHOMA CITY. THE MUSEUM PRESERVES THE HISTORY OF JIM THORPE BOTH AS AN INDIVIDUAL AND AS AN ATHLETE. IT ALSO FOCUSES ON THE ACTIVITIES OF THE JIM THORPE ASSOCIATION. THE CENTRAL GALLERY OF THE MUSEUM IS THE HALL OF CHAMPIONS.

Program 2
Expenses: $127,931 Revenue: $301,205

THORPE AWARD BANQUET - ANNUAL AWARD PRESENTATION AND BANQUET RECOGNIZING AMERICA'S BEST COLLEGIATE DEFENSIVE BACK, THE OKLAHOMA HIGH SCHOOL ALL-STATE FOOTBALL TEAM AND OTHERS. FOSTERS SPORTS...

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THORPE AWARD BANQUET - ANNUAL AWARD PRESENTATION AND BANQUET RECOGNIZING AMERICA'S BEST COLLEGIATE DEFENSIVE BACK, THE OKLAHOMA HIGH SCHOOL ALL-STATE FOOTBALL TEAM AND OTHERS. FOSTERS SPORTS COMPETITION, PROMOTES POSITIVE ROLE MODELS, AND ENCOURAGES EXCELLENCE AND GOOD CHARACTER.

Program 3
Expenses: $81,670 Revenue: $127,500

OKLAHOMA SPORTS HALL OF FAME BANQUET - ANNUAL INDUCTION CEREMONIES RECOGNIZING OKLAHOMA'S GREATEST SPORTS FIGURES. PROMOTES POSITIVE ROLE MODELS, FOSTERING SPORTS COMPETITION AND ENCOURAGING...

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OKLAHOMA SPORTS HALL OF FAME BANQUET - ANNUAL INDUCTION CEREMONIES RECOGNIZING OKLAHOMA'S GREATEST SPORTS FIGURES. PROMOTES POSITIVE ROLE MODELS, FOSTERING SPORTS COMPETITION AND ENCOURAGING EXCELLENCE AND CHARACTER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $225,390
Program Service Revenue $629,696
Investment Income $31,415
Other Revenue $-7,345
TOTAL REVENUE $879,156

Expense Breakdown

Grants Paid $0
Salaries & Benefits $346,286
Fundraising Expenses $102,551
Program Expenses $593,944
Other Expenses $496,285
TOTAL EXPENSES $842,571

Year-over-Year Comparison

2023 2022 Change
Revenue $879,156 $904,711 0.0%
Expenses $842,571 $792,408 +0.1%
Net Income $36,585 $112,303 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
21
Employees
5
Volunteers
100

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
$126,500
Total Directors
22
$126,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGG VANDAVEER CHAIRMAN 2.00
Officer Director
$0 $0 $0
BRIAN ALFORD VICE-CHAIRMAN 2.00
Officer Director
$0 $0 $0
FRANK NAIFEH SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
MICHAEL JAMES PRESIDENT/EXECUTIVE DIRECTOR 40.00
Officer Director
$126,500 $0 $126,500
ROY BISHOP DIRECTOR 2.00
Director
$0 $0 $0
J TED BONHAM DIRECTOR 2.00
Director
$0 $0 $0
BOB BURKE DIRECTOR 2.00
Director
$0 $0 $0
NEVYLE CABLE DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL CHILD DIRECTOR 2.00
Director
$0 $0 $0
JASON CONNELLY DIRECTOR 2.00
Director
$0 $0 $0
JEFFREY CRUZAN MD DIRECTOR 2.00
Director
$0 $0 $0
JEFF EWING DIRECTOR 2.00
Director
$0 $0 $0
EDDIE GRIFFIN DIRECTOR 2.00
Director
$0 $0 $0
KEVIN HARGROVE MD DIRECTOR 2.00
Director
$0 $0 $0
BRAD HENRY DIRECTOR 2.00
Director
$0 $0 $0
FRANK JOHNSON JR DIRECTOR 2.00
Director
$0 $0 $0
ROBERT A MANCHESTER IV DIRECTOR 2.00
Director
$0 $0 $0
DAVID PATRICK DIRECTOR 2.00
Director
$0 $0 $0
KEVIN PERRY DIRECTOR 2.00
Director
$0 $0 $0
RANDY STAFFORD DIRECTOR 2.00
Director
$0 $0 $0
DANIEL STITH DIRECTOR 2.00
Director
$0 $0 $0
ANITA THORPE DIRECTOR 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
2023 $879,156 $842,571 $3,764,235 $36,585
2022 $904,711 $792,408 $3,738,051 $112,303
2021 $782,997 $699,388 $3,633,125 $83,609
2020 $736,510 $552,621 $3,567,818 $183,889
2019 $585,535 $635,489 $3,380,000 $-49,954
2018 $495,472 $680,736 $3,409,321 $-185,264
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