OKLAHOMA ASSOCIATION OF HEALTH PLAN

EIN: 731413882 Community Improvement

EDMOND, OK

Total Revenue
$255,000
Total Expenses
$203,733
Total Assets
$126,339
Net Assets
$126,339
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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
HALEY FAULKENBERRY
Phone
4059227212
Tax Period
2023-01-01 to 2023-12-31

OKLAHOMA ASSOCIATION OF HEALTH PLAN, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $255K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 20% operating margin.

Mission

THE OKLAHOMA ASSOCIATION OF HEALTH PLANS IS A NOT-FOR-PROFIT ORGANIZATION, CREATED IN 1987, TO PROMOTE QUALITY AND AFFORDABLE HEALTH CARE THROUGH ADVOCACY, COMMUNICATIONS AND EDUCATION. WE ARE COMMITTED TO CULTIVATING A REGULATORY AND MARKETPLACE ENVIRONMENT THAT FACILITATES A ROBUST HEALTH CARE FINANCING MARKET, PRODUCT FLEXIBILITY AND INNOVATION, AND AN ABUNDANCE OF CONSUMER CHOICE. AS THE VOICE OF OKLAHOMA'S HEALTH PLANS AND INSURERS, THE OKLAHOMA ASSOCIATION OF HEALTH PLANS REPRESENTS THE INTERESTS OF OUR MEMBERS ON LEGISLATIVE AND REGULATORY ISSUES. WE PROVIDE INFORMATION AND SERVICES, SUCH AS NEWSLETTERS, BILL SUMMARIES, LEGISLATIVE TRACKING, AND ON-LINE SERVICES. OUR PROGRAMS ARE DESIGNED TO SERVE OUR MEMBER ORGANIZATIONS AND TO INFORM POLICYMAKERS AND THE PUBLIC ABOUT HEALTH CARE FINANCING AND DELIVERY. WE STRIVE TO ENHANCE THE UNDERSTANDING OF HEALTH PLANS AND INSURERS AS HIGH QUALITY, COST-EFFECTIVE OPTIONS FOR PROVIDING AND PAYING FOR COMPREHENSIVE HEALTH CARE TO OKLAHOMANS.

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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 $35,000
Program Service Revenue $220,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $255,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $203,733
TOTAL EXPENSES $203,733

Year-over-Year Comparison

2023 2022 Change
Revenue $255,000 $168,830 +0.5%
Expenses $203,733 $211,410 0.0%
Net Income $51,267 $-42,580 -2.2%
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
4
Independent Members
4
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT DORELL PRESIDENT 0.50
Officer
$0 $0 $0
COURTNEY REID VICE PRESIDE 0.50
Officer
$0 $0 $0
CLAYTON FRANKLIN SECRETARY/TR 0.50
Officer
$0 $0 $0
HALEY FAULKENBERRY EXECUTIVE DI 40.00
Officer
$0 $0 $0
DAVID GONZALES BOARD MEMBER 0.50
Director
$0 $0 $0
JENAE NEUSTADT BOARD MEMBER 0.50
Director
$0 $0 $0
KANDICE SANAIE BOARD MEMBER 0.50
Director
$0 $0 $0
JOSIAH SUTTON BOARD MEMBER 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
2024 No data No data No data No data
2023 $255,000 $203,733 $126,339 $51,267
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