ADA JOBS FOUNDATION

EIN: 731544272 501(c)(3) Community Improvement

ADA, OK

Total Revenue
$966,633
Total Expenses
$904,385
Total Assets
$934,686
Net Assets
$628,548
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
OK
Principal Officer
CAROL ERVIN
Phone
5802350070
Tax Period
2023-07-01 to 2024-06-30

ADA JOBS FOUNDATION, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $967K in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $904K left a modest 6% surplus.

Mission

TO STIMULATE BUSINESS GROWTH, ENCOURAGE NEW INDUSTRIES, AND DEVELOP AND ADVANCE THE INDUSTRIAL AND BUSINESS PROSPERITY OF THE CITY OF ADA, OKLAHOMA.

Program Service Accomplishments

Program 1
Expenses: $717,900

TO STIMULATE BUSINESS GROWTH, ENCOURAGE NEW INDUSTRIES, AND DEVELOP AND ADVANCE THE INDUSTRIAL AND BUSINESS PROSPERITY OF THE CITY OF ADA, OKLAHOMA.

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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 $960,967
Program Service Revenue $0
Investment Income $5,666
Other Revenue $0
TOTAL REVENUE $966,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $494,218
Fundraising Expenses $0
Program Expenses $766,492
Other Expenses $410,167
TOTAL EXPENSES $904,385

Year-over-Year Comparison

2023 2022 Change
Revenue $966,633 $618,466 +0.6%
Expenses $904,385 $785,994 +0.2%
Net Income $62,248 $-167,528 -1.4%
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
11
Independent Members
11
Employees
9
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
6
$52,395
Total Directors
12
$52,395
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIGETTE JONES PAST CHAIR N/A
Officer Director
$0 $0 $0
AMY KAISER VICE-CHAIR N/A
Officer Director
$0 $0 $0
JIM LAWSON DIRECTOR N/A
Director
$0 $0 $0
ROBYN ELLIOTT DIRECTOR N/A
Director
$0 $0 $0
CHRISTY IDLEMAN SECRETARY-TR N/A
Officer Director
$0 $0 $0
JEANNIE FORNERIS CHAIR 2.00
Officer Director
$0 $0 $0
CHAD LANCASTER DIRECTOR N/A
Director
$0 $0 $0
WENDELL GODWIN DIRECTOR N/A
Director
$0 $0 $0
SHANE HUDSON DIRECTOR N/A
Director
$0 $0 $0
TERRENCE FARRELL DIRRECTOR N/A
Director
$0 $0 $0
CAROL ERVIN PRESIDENT/CE N/A
Officer Director
$0 $0 $0
JAMES ELDRIDGE FORMER PRESI 40.00
Officer Director
$52,395 $0 $52,395
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 $966,633 $904,385 $934,686 $62,248
2023 $618,466 $785,994 $693,453 $-167,528
2022 $575,048 $536,442 $851,026 $38,606
2021 $527,477 $498,840 $781,610 $28,637
2020 $522,892 $445,336 $786,198 $77,556
2019 $458,208 $535,047 $647,281 $-76,839
2018 $535,611 $419,412 $691,839 $116,199
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