Friends of Honey Springs Battlefie… - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

Logan Sharpe

Phone

9184735572

Tax Period

2023-07-01 to 2024-06-30

Friends of Honey Springs Battlefield Park, founded in 1992, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $96K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. Expenses of $119K exceeded revenue, resulting in a 25% operating deficit.

Mission

The Organization was established to preserve the battlefield and educate the public about the Civil War in Oklahoma, particularly the Battle of Honey Springs.

Program Service Accomplishments

Program 1

Expenses: $100,119 Revenue: $13,348

The Organization operates a vistor center which also serves as community center and library for the town of Rentiesville, Oklahoma. The Battle of Honey Springs was the largest of 107 documented...

The Organization operates a vistor center which also serves as community center and library for the town of Rentiesville, Oklahoma. The Battle of Honey Springs was the largest of 107 documented hostile encounters in Indian Territory during the Civil War and the nation's largest battle in which African American, American Indian, and Anglo American soldiers engaged. The Organization is committed to preserving the battlefield and educating the public on the battle and ancillary events.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $81,898

Program Service Revenue $0

Investment Income $286

Other Revenue $13,348

TOTAL REVENUE $95,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,119

Other Expenses $119,084

TOTAL EXPENSES $119,084

Year-over-Year Comparison

	2023	2022	Change
Revenue	$95,532	$54,101	+0.8%
Expenses	$119,084	$119,351	0.0%
Net Income	$-23,552	$-65,250	-0.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DeLois Ann McGee	President	20.00	Officer Director	$0	$0	$0
Gary L Nichols	Vice-President	20.00	Officer Director	$0	$0	$0
Logan G Sharpe	Secretary-Treasurer	20.00	Officer Director	$0	$0	$0
Theresa Buckmaster	Gift Shop Chair	2.00	Officer Director	$0	$0	$0
Donal S Mike Stidham	Re-Enactment Chairman	2.00	Officer Director	$0	$0	$0
Stacey Helms	Director	2.00	Director	$0	$0	$0
Carolyn Hutcherson	Director	2.00	Director	$0	$0	$0
Drew Edmonson	Director	2.00	Director	$0	$0	$0
Tim Frame	Director	2.00	Director	$0	$0	$0
Marcus Burkhalter	Director	2.00	Director	$0	$0	$0
Renza Sharpe	Director	2.00	Director	$0	$0	$0
Billy W Hill OD	Director	2.00	Director	$0	$0	$0
Trasen Akers	Director	2.00	Director	$0	$0	$0
Bob L Blackburn PhD	Director	2.00	Director	$0	$0	$0
Kenny Sivard	Director	2.00	Director	$0	$0	$0
Jerri Holder	Director	2.00	Director	$0	$0	$0
Patsy F Mann	Director	2.00	Director	$0	$0	$0
Linda Ryan	Director	2.00	Director	$0	$0	$0
JM Meador DDS	Director	2.00	Director	$0	$0	$0
Alex Warrior	Director	2.00	Director	$0	$0	$0
William L Sharpe	Director	2.00	Director	$0	$0	$0
Stewart Stidham	Director	2.00	Director	$0	$0	$0
Karen Martin Harding	Director	2.00	Director	$0	$0	$0
Ruth Ann Waid	Director	2.00	Director	$0	$0	$0
Tony Fields	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
2025	No data	No data	No data	No data
2024	$95,532	$119,084	$834,484	$-23,552
2023	$54,101	$119,351	$870,040	$-65,250
2022	$70,275	$110,336	$948,316	$-40,061
2021	$59,811	$91,470	$998,463	$-31,659
2020	$180,339	$258,291	$1,052,678	$-77,952
2019	$66,750	$149,061	$1,131,874	$-82,311
2018	$38,660	$89,233	$1,223,186	$-50,573

Friends of Honey Springs Battlefield Park