OKM PROPERTIES INC (EIN 731554930) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

MARY LYNN MIHM-HOWK

Phone

9183369900

Tax Period

2023-01-01 to 2023-12-31

OKM PROPERTIES INC, founded in 2005, is a micro nonprofit in the Community Improvement sector that reported $35K in total revenue in fiscal year 2023. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $88K exceeded revenue, resulting in a 150% operating deficit.

Mission

SUPPORTING THE EDUCATIONAL AND CULTURAL ACTIVITIES OF THE BARTLESVILLE COMMUNITY THROUGH THE ANNUAL OK MOZART FESTIVAL AND YEAR ROUND MUSIC PROGRAMMING.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $35,215

TOTAL REVENUE $35,215

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,411

Fundraising Expenses $0

Program Expenses $62,521

Other Expenses $76,608

TOTAL EXPENSES $88,019

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,215	$53,780	-0.3%
Expenses	$88,019	$87,282	+0.0%
Net Income	$-52,804	$-33,502	+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
SCOTT AMBLER	MEMBER	5.00	Director	$0	$0	$0
JEROLD BARNETT	MEMBER	5.00	Director	$0	$0	$0
MARY LYNN MIHM-HOWK	CHAIRMAN	15.00	Officer Director	$0	$0	$0
HOWARD THILL	TREASURER	10.00	Officer Director	$0	$0	$0
DEREK WHITE	MEMBER	20.00	Director	$0	$0	$0
JOHN MIHM	VICE-CHAIRMAN	15.00	Officer Director	$0	$0	$0
DAVID KALWEIT	MEMBER	10.00	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	$35,215	$88,019	$364,825	$-52,804
2022	$53,780	$87,282	$401,517	$-33,502
2021	$61,995	$85,354	$453,800	$-23,359
2020	$62,448	$70,875	$426,274	$-8,427
2019	$49,033	$72,547	$452,580	$-23,514

OKM PROPERTIES INC