The Oklahoma Foundation for the Education of Deaf Children and Youth Inc

EIN: 731339954 501(c)(3) Education

Sulphur, OK

Total Revenue
$214,876
Total Expenses
$36,951
Total Assets
$335,912
Net Assets
$335,912
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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
OK
Principal Officer
Craig Abla
Phone
5806224890
Tax Period
2023-07-01 to 2024-06-30

The Oklahoma Foundation for the Education of Deaf Children and Youth Inc, founded in 1989, is a small nonprofit in the Education sector that reported $215K in total revenue in fiscal year 2023. Revenue surged 257% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 83% operating margin.

Mission

The mission of The Oklahoma Foundation for the Education of Deaf Children and Youth Inc is to adequately fund classroom grants, a teacher/employee enhancement program, and a student enhancement program in order to help the Oklahoma School for the Deaf provide a high quality education.

Program Service Accomplishments

Program 1
Expenses: $15,536

Classroom grants - Each school year The Oklahoma Foundation for the Education of Deaf Children and Youth, Inc. asks that each teacher at the Oklahoma School for the Deaf examine the educational needs...

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Classroom grants - Each school year The Oklahoma Foundation for the Education of Deaf Children and Youth, Inc. asks that each teacher at the Oklahoma School for the Deaf examine the educational needs of his or her classroom. Additionally, the teachers are asked to be creative as to educational activities that would help further the deaf students' education. These grants include funds for field trips and for classroom supplies. Once the specific requests receive approval from the Oklahoma School for the Deaf personnel, the monetary requests are submitted to the Foundation. These classroom grants affect approximate 100 students.

Program 2
Expenses: $9,618

Student Enhancement Program - Many of the deaf students attending the Oklahoma School for the Deaf live on campus. Therefore, each school year, the Oklahoma Foundation for the Education of Deaf...

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Student Enhancement Program - Many of the deaf students attending the Oklahoma School for the Deaf live on campus. Therefore, each school year, the Oklahoma Foundation for the Education of Deaf Children and Youth Inc looks for opportunites to assist the Oklahoma School for the Deaf administration in making the students feel they are a part of a 'deaf school family'. To accomplish this goal, the Foundation funds various activities that help the students build strong relationships with their peers and teachers. Additionally, through the Student Enhancement Program, the Foundation provides leadership awards to student leaders as well as scholarships to graduates who meet certain qualifications. Overall, approximatley 100 students are affected by the Student Enhancement Program.

Program 3
Expenses: $3,314

Teacher/Employee Enhancement Program - Each school year, The Oklahoma Foundation for the Education of Deaf Children and Youth, Inc looks for opportunities to assist the administration of the Oklahoma...

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Teacher/Employee Enhancement Program - Each school year, The Oklahoma Foundation for the Education of Deaf Children and Youth, Inc looks for opportunities to assist the administration of the Oklahoma School for the Deaf in funding advanced teacher training in deaf education. Additionally, the Foundation seeks to assist the administration of the Oklahoma School for the Deaf in encouraging the corresponding teachers and staff to strive for excellence as they work with deaf students. This encouragement is in the form of monetary awards pertaining to Teacher of the Year and Employee of the Year. Approximately 24 teachers and 75 other staff are affected by the Teacher/Employee Enhancement Program.

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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 $193,652
Program Service Revenue $0
Investment Income $0
Other Revenue $21,224
TOTAL REVENUE $214,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $3,295
Program Expenses $28,468
Other Expenses $36,951
TOTAL EXPENSES $36,951

Year-over-Year Comparison

2023 2022 Change
Revenue $214,876 $60,129 +2.6%
Expenses $36,951 $43,546 -0.2%
Net Income $177,925 $16,583 +9.7%
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
14
Independent Members
N/A
Employees
N/A
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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bill Wright President 2.00
Officer Director
$0 $0 $0
Seandra Ramer Vice President 2.00
Officer Director
$0 $0 $0
Craig Abla Treasurer 2.00
Officer Director
$0 $0 $0
Sarah Freehill Trustee 1.00
Director
$0 $0 $0
Lacee Sartors Trustee 1.00
Director
$0 $0 $0
Kemper Howe Trustee 1.00
Director
$0 $0 $0
Scott Lowry Trustee 1.00
Director
$0 $0 $0
Tre Landrum Trustee 1.00
Director
$0 $0 $0
Shawna Case Trustee 1.00
Director
$0 $0 $0
Richard Dietzel Trustee 1.00
Director
$0 $0 $0
Jimmy Mitchell Trustee 1.00
Director
$0 $0 $0
Dr Heather Laine Trustee 1.00
Director
$0 $0 $0
Marsha Cole Trustee 1.00
Director
$0 $0 $0
Penny Runyan Trustee 1.00
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 $214,876 $36,951 $335,912 $177,925
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