OKLAHOMA LIBRARY ASSOCIATION

EIN: 736104044 501(c)(3)

MCALESTER, OK

Total Revenue
$218,720
Total Expenses
$208,039
Total Assets
$641,383
Net Assets
$638,669
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1907
Legal Domicile
OK
Principal Officer
MICHAEL HULL
Phone
9184260456
Tax Period
2022-07-01 to 2023-06-30

OKLAHOMA LIBRARY ASSOCIATION, founded in 1907, is a small nonprofit that reported $219K in total revenue in fiscal year 2022. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $208K left a modest 5% surplus.

Mission

STRENGTHEN THE QUALITY OF LIBRARIES, LIBRARY SERVICES, AND LIBRARIANSHIP IN OKLAHOMA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $53,005
Program Service Revenue $160,820
Investment Income $4,895
Other Revenue $0
TOTAL REVENUE $218,720

Expense Breakdown

Grants Paid $4,450
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $155,413
Other Expenses $203,589
TOTAL EXPENSES $208,039

Year-over-Year Comparison

2022 2021 Change
Revenue $218,720 $168,403 +0.3%
Expenses $208,039 $227,211 -0.1%
Net Income $10,681 $-58,808 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
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
8
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM MILLER PRESIDENT 1.00
Officer Director
$0 $0 $0
BAILEE HUTCHISON SECRETARY 1.00
Officer Director
$0 $0 $0
MICHAEL HULL TREASURER 1.00
Officer Director
$0 $0 $0
CHERITY PENNINGTON IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
KILEY INGRAM PUBLIC LIBRARY DIVISION CH 1.00
Officer Director
$0 $0 $0
ALESHA BAKER OK SCHOOL LIBRARIES CHAIR 1.00
Officer Director
$0 $0 $0
DANA BELCHER PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
GLORIA FARMER MOUNTAIN PLAINS LIBRARY AS 1.00
Officer Director
$0 $0 $0
ELIZABETH SZKIRPAN UNIVERSITY/COLLEGE DIVISIO 1.00
Director
$0 $0 $0
KELLY SITZMAN AMERICAN LIBRARY ASSOC COU 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $218,720 $208,039 $641,383 $10,681
2022 $168,403 $227,211 $580,626 $-58,808
2021 $179,060 $95,312 $645,118 $83,748
2020 $163,515 $129,060 $457,144 $34,455
2019 $192,696 $191,165 $408,766 $1,531
2018 $186,600 $171,094 $389,785 $15,506
Explore More Nonprofits
Top 100 Nonprofits in Oklahoma Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare OKLAHOMA LIBRARY ASSOCIATION with other nonprofits in Oklahoma and across the country.