INDEPENDENT OPPORTUNTIES INC OF OKLAHOMA

EIN: 742547238 501(c)(3) Unknown

TULSA, OK

Total Revenue
$39,696,378
Total Expenses
$37,669,478
Total Assets
$27,393,725
Net Assets
$22,102,355
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
OK
Principal Officer
EDDIE THEIRL JARMAN
Phone
9187445067
Tax Period
2024-07-01 to 2025-06-30

INDEPENDENT OPPORTUNTIES INC OF OKLAHOMA, founded in 1989, is a mid-sized nonprofit in the Unknown sector that reported $39.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $37.7M left a modest 5% surplus.

Mission

PROVIDE THE HIGHEST QUALITY RESIDENTIAL SERVICES TO PEOPLE WITH DEVELOPMENTAL DISABILITIES. A MAJOR PART OF THE MISSION IS TO PROVIDE OPPORTUNITIES TO THESE INDIVIDUALS BASED UPON THEIR RIGHT TO A NORMAL DAILY ROUTINE. SPECIFICALLY, IT IS THIS ORGANIZATION'S MISSION TO OFFER COMPREHENSIVE ACTIVITIES OF DAILY LIVING, SOCIALIZATION, RECREATION, AND SELF ADVOCACY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $39,062,757
Investment Income $560,135
Other Revenue $73,486
TOTAL REVENUE $39,696,378

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,091,470
Fundraising Expenses $0
Program Expenses $33,367,207
Other Expenses $6,578,008
TOTAL EXPENSES $37,669,478

Year-over-Year Comparison

2024 2023 Change
Revenue $39,696,378 $36,369,823 +0.1%
Expenses $37,669,478 $34,601,166 +0.1%
Net Income $2,026,900 $1,768,657 +0.1%
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
4
Independent Members
3
Employees
937
Volunteers
3

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
5
$818,201
Total Directors
7
$818,201
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D KEVIN IKENBERRY SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
EDDIE THEIRL JARMAN PRESIDENT 40.00
Officer Director
$478,598 $11,742 $490,340
ERICH AUDRETSCH OUTGOING TREASURER/SECRETARY 1.00
Officer Director
$0 $618 $327,861
JANA ROEDER OUTGOING BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF CHAMBERS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PAM BOHANON MEMBER AT LARGE 1.00
Director
$0 $0 $0
RAY NICHOLS OUTGOING PRESIDENT 1.00
Officer Director
$0 $0 $0
JULIE SMITH OPERATIONS DIRECTOR 40.00
Highest
$166,072 $11,742 $177,814
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 $39,696,378 $37,669,478 $27,393,725 $2,026,900
2024 $36,369,823 $34,601,166 $24,537,872 $1,768,657
2023 $34,669,760 $33,160,527 $22,831,400 $1,509,233
2022 $36,214,630 $33,246,991 $20,718,127 $2,967,639
2021 $30,939,216 $29,759,842 $18,383,001 $1,179,374
2020 $31,147,153 $30,373,966 $15,591,915 $773,187
2019 $29,999,486 $29,417,131 $14,567,851 $582,355
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