METRO TECHNOLOGY CENTERS FOUNDATION INC

EIN: 731308962 501(c)(3)

OKLAHOMA CITY, OK

Total Revenue
$360,692
Total Expenses
$327,187
Total Assets
$295,184
Net Assets
$279,483
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
OK
Principal Officer
ASHLEIGH GIBSON
Phone
4055954415
Tax Period
2023-01-01 to 2023-12-31

METRO TECHNOLOGY CENTERS FOUNDATION INC, founded in 1988, is a small nonprofit that reported $361K in total revenue in fiscal year 2023. Revenue surged 160% from the prior year, signaling strong growth momentum. Expenses of $327K left a modest 9% surplus.

Mission

THE METRO TECHNOLOGY CENTERS FOUNDATION EXISTS TO SECURE FUNDS TO ENHANCE AND IMPROVE FACILITIES AND PROGRAMS AT METRO TECHNOLOGY CENTERS.FOR OVER 25 YEARS THE FOUNDATION HAS PROVIDED SCHOLARSHIPS, AWARDS, GRANTS AND OTHER FINANCIAL ASSISTANCE ON AN INDIVIDUAL BASIS TO ADULT AND HIGH SCHOOL STUDENTS. THE FOUNDATION UNDERTAKES ANY PROJECT CONSIDERED BY THE BOARD OF DIRECTORS TO BE IN THE BEST INTEREST OF THE DISTRICT AND ITS STUDENTS.

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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 $276,482
Program Service Revenue $0
Investment Income $41,617
Other Revenue $42,593
TOTAL REVENUE $360,692

Expense Breakdown

Grants Paid $202,228
Salaries & Benefits $89,930
Fundraising Expenses $0
Program Expenses $265,581
Other Expenses $35,029
TOTAL EXPENSES $327,187

Year-over-Year Comparison

2023 2022 Change
Revenue $360,692 $138,855 +1.6%
Expenses $327,187 $182,844 +0.8%
Net Income $33,505 $-43,989 -1.8%
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

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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
13
Independent Members
11
Employees
2
Volunteers
30

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
$68,250
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEIGH GIBSON Executive Dir. 40.00
Officer
$68,250 $0 $68,250
JENNIFER BARKER Director 0.50
Director
$0 $0 $0
MIKE DYE Director 0.50
Director
$0 $0 $0
ROSS HERNDON Director 0.50
Director
$0 $0 $0
MATT LATHAM Director 0.50
Director
$0 $0 $0
JAY FOOTE Chairman 0.50
Officer Director
$0 $0 $0
LEO FUNDARO Secretary/Treas 0.50
Officer Director
$0 $0 $0
AARON COLLINS Director 0.50
Director
$0 $0 $0
MICHAEL MCDANIEL Director 0.50
Director
$0 $0 $0
KARL STORM Director 0.50
Director
$0 $0 $0
RUTHIE OWENS Director 0.50
Director
$0 $0 $0
HOLLY PANKURST Vice President 0.50
Officer Director
$0 $0 $0
HARDELL MOORE Director 0.50
Director
$0 $0 $0
KRISTY VIRAVONG-PORTIS Director 0.50
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 $360,692 $327,187 $295,184 $33,505
2019 $158,825 $153,528 $338,871 $5,297
2018 $100,682 $116,777 $233,194 $-16,095
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