CENTRAL OKLAHOMA CLEARING HOUSE ASSOCIATION INC (EIN 736104144) - 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

1986

Legal Domicile

Principal Officer

MICHAEL DEBROECK

Phone

8165957642

Tax Period

2021-01-01 to 2021-12-31

CENTRAL OKLAHOMA CLEARING HOUSE ASSOCIATION INC, founded in 1986, is a micro nonprofit that reported $51K in total revenue in fiscal year 2021. Expenses of $47K left a modest 9% surplus.

Mission

OUR PURPOSE IS TO PROMOTE SOUND BANKING PRINCIPLES IN THE OKLAHOMA CITY METROPOLITAN AREA, ESTABLISH RULES AND REGULATIONS TO FACILITATE THE INTERCHANGE OF BUSINESS AMONG ITS MEMBERS AND THE SETTLEMENT OF THE BALANCES RESULTING FROM SUCH EXHANGES AND TO COOPERATE WITH NONPROFIT ORGANIZATIONS IN THE OKLAHOMA CITY AREA FOR THE BENEFIT OF THE CITY AND THE STATE OF OKLAHOMA. WE WILL ALSO PROVIDE AN ANNUAL SALARY SURVEY TO OUR MEMBERS AND ARRANGE FOR AND ORGANIZE MEETINGS FOR OUR MEMBERS AND MEMBER ORGANIZATIONS FOR THE PURPOSE OF EDUCATION, OPERATING PROCEDURES AND PERSONNEL TRAINING OF MEMBER EMPLOYEES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $51,470

Investment Income $0

Other Revenue $0

TOTAL REVENUE $51,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,178

Other Expenses $46,648

TOTAL EXPENSES $46,648

Year-over-Year Comparison

	2021	2020	Change
Revenue	$51,470	$53,385	0.0%
Expenses	$46,648	$55,339	-0.2%
Net Income	$4,822	$-1,954	-3.5%

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
MICHAEL DEBROECK	PRESIDENT	5.00	Officer Director	$0	$0	$0
PAULA BARRINGTON	TREASURER	5.00	Officer Director	$0	$0	$0
LANCE WORSHAM	SECRETARY	5.00	Officer Director	$0	$0	$0
TRISTAN THOMPSON	DIRECTOR	5.00	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
2021	$51,470	$46,648	$6,756	$4,822
2020	$53,385	$55,339	$1,933	$-1,954
2019	$585,219	$637,096	$33,887	$-51,877
2018	$642,669	$601,534	$55,799	$41,135

CENTRAL OKLAHOMA CLEARING HOUSE ASSOCIATION INC