Oklahoma State Troopers Foundation Inc

EIN: 823674445 501(c)(3) Public Safety

Oklahoma City, OK

Total Revenue
$11,987
Total Expenses
$33,871
Total Assets
$626,996
Net Assets
$626,996
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
OK
Principal Officer
Anthony F Keating III
Phone
4058183031
Tax Period
2021-01-01 to 2021-12-31

Oklahoma State Troopers Foundation Inc, founded in 2017, is a micro nonprofit in the Public Safety sector that reported $12K in total revenue in fiscal year 2021. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 183% operating deficit.

Mission

The mission of the Oklahoma State Troopers Foundation "OSTF" is to assist in fulfilling needs of Oklahoma Highway Patrol Troopers and their families as well as the organization by providing grants and/or funds for:Financial SupportFamily & Mental Health ServicesEducation, Training & OutreachEquipment Needs

Program Service Accomplishments

Program 1
Expenses: $32,400

The financial needs of our law enforcement officers often far exceed the budgetary support. This is particularly true where Oklahoma State Troopers are concerned. Our Foundation was established to...

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The financial needs of our law enforcement officers often far exceed the budgetary support. This is particularly true where Oklahoma State Troopers are concerned. Our Foundation was established to help bridge that gap for those who put their lives on the line every day to protect us. Assistance is provided in the form of emergency financial aid, family and mental health services, education, training, outreach, and equipment. Emergency Financial Aid - The Foundation supports Troopers and their families in the event of injury, incapacitation, or death, and assists Troopers experiencing hardship who do not meet or fall short of the Oklahoma Highway Patrol's catastrophic event requirements. Family and Mental Health Services - The Foundation supports clinical services to provide family and mental health services to Troopers and their families.Education, Training, and Outreach - The Foundation provides funding for training and leadership for Troopers and supervisors. The Foundation also provides support to assistance with the Patrol's recruiting efforts.Equipment - The Foundation provides funding to the Patrol for necessary equipment not fulfilled through the state's budget.The Foundation is still in startup mode and will be offering these services going forward.

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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 (2021)

Revenue Breakdown

Contributions & Grants $7,455
Program Service Revenue $0
Investment Income $4,532
Other Revenue $0
TOTAL REVENUE $11,987

Expense Breakdown

Grants Paid $29,250
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,400
Other Expenses $4,621
TOTAL EXPENSES $33,871

Year-over-Year Comparison

2021 2020 Change
Revenue $11,987 $29,486 -0.6%
Expenses $33,871 $21,129 +0.6%
Net Income $-21,884 $8,357 -3.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony F Keating III President 1.30
Officer Director
$0 $0 $0
David Burrage Vice-President 1.30
Officer Director
$0 $0 $0
Michael J Mallick Secretary/Treasurer 1.30
Officer 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 $11,987 $33,871 $626,996 $-21,884
2020 $29,486 $21,129 $646,345 $8,357
2019 $147,280 $6,768 $637,988 $140,512
2018 $500,000 $2,742 $497,476 $497,258
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