OKLAHOMA CITY GEOLOGICAL FOUNDATION

EIN: 731439474 501(c)(3) Education

EDMOND, OK

Total Revenue
$241,502
Total Expenses
$242,648
Total Assets
$2,974,781
Net Assets
$2,974,781
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
OK
Principal Officer
THOMAS C CRONIN
Phone
4054759010
Tax Period
2023-01-01 to 2023-12-31

OKLAHOMA CITY GEOLOGICAL FOUNDATION, founded in 2011, is a small nonprofit in the Education sector that reported $242K in total revenue in fiscal year 2023. Net assets of $3.0M represent 148 months of operating reserves.

Mission

TO IMPLEMENT A MODEL OF "EXCELLENCE IN EARTH SCIENCE EDUCATION". THIS MODEL IS DESIGNED TO CHALLENGE STUDENTS AND TEACHERS TO MAKE EARTH SCIENCE EDUCATION A PRIORITY AND IS DIVIDED INTO THE FOLLOWING DIRECTIVES:

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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 $128,977
Program Service Revenue $0
Investment Income $99,154
Other Revenue $13,371
TOTAL REVENUE $241,502

Expense Breakdown

Grants Paid $116,329
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $197,140
Other Expenses $126,319
TOTAL EXPENSES $242,648

Year-over-Year Comparison

2023 2022 Change
Revenue $241,502 $249,764 0.0%
Expenses $242,648 $378,812 -0.4%
Net Income $-1,146 $-129,048 -1.0%
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
13
Independent Members
13
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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS C CRONIN CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOEL A ALBERTS SECRETARY 1.00
Officer Director
$0 $0 $0
LAWRENCE H DAVIS CHAIRMAN FINANCE COMMITTE 1.00
Officer Director
$0 $0 $0
MICHAEL BONE CHAIRMAN TECHNOLOGY COMMIT 1.00
Director
$0 $0 $0
FRANK GAGLIARDI COMMUNICATIONS COMMITTEE CHAIR 1.00
Director
$0 $0 $0
MICHAEL E HALE CHAIRMAN DONOR AND SPONSOR 1.00
Director
$0 $0 $0
LANDON W HOLMAN CHAIRMAN EVENTS COMMITTEE 1.00
Director
$0 $0 $0
J MARK LESTER CHAIRMAN LEGENDS COMMITTEE 1.00
Director
$0 $0 $0
LARRY LUNARDI CHAIRMAN SCHOOL SERVICES C 1.00
Director
$0 $0 $0
HERB MARTIN CHAIRMAN PROGRAM DEVELOPME 1.00
Director
$0 $0 $0
TERRY HOLLRAH CHAIRMAN PUBLICATION & MAR 1.00
Director
$0 $0 $0
MOLLY L YUNKER CHAIRWOMAN GRANTS & AWARDS COMMITTEE 1.00
Director
$0 $0 $0
CAMELIA C KNAPP DIRECTOR 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 No data No data No data No data
2023 $241,502 $242,648 $2,974,781 $-1,146
2022 $249,764 $378,812 $2,647,742 $-129,048
2021 $326,590 $181,620 $3,238,121 $144,970
2020 $196,672 $290,098 $2,871,015 $-93,426
2019 $410,799 $330,724 $2,737,357 $80,075
2018 $322,668 $303,470 $2,311,009 $19,198
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