OKLAHOMA BONDSMEN ASSOCIATION INC

EIN: 731359299

OKLAHOMA CITY, OK

Total Revenue
$201,878
Total Expenses
$218,109
Total Assets
$412,523
Net Assets
$410,131
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
OK
Principal Officer
KEN BOYER JR
Phone
4055245920
Tax Period
2023-09-01 to 2024-08-31

OKLAHOMA BONDSMEN ASSOCIATION INC, founded in 1989, is a small nonprofit that reported $202K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Net assets of $410K represent 24 months of operating reserves.

Mission

PROVIDE CPE FOR OKLAHOMA BAIL BONDSMEN

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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 $0
Program Service Revenue $191,474
Investment Income $10,404
Other Revenue $0
TOTAL REVENUE $201,878

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,866
Fundraising Expenses $0
Other Expenses $150,243
TOTAL EXPENSES $218,109

Year-over-Year Comparison

2023 2022 Change
Revenue $201,878 $243,238 -0.2%
Expenses $218,109 $209,117 +0.0%
Net Income $-16,231 $34,121 -1.5%
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

Financial Distress Indicator

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
9
Independent Members
9
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARI DALTON EXECUTIVE DI N/A
Officer
$0 $0 $0
KEN BOYER JR PRESIDENT N/A
Officer
$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 $201,878 $218,109 $412,523 $-16,231
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