NO NEW OKLAHOMA TAXES INC

EIN: 824052818

EDMOND, OK

Total Revenue
$333,346
Total Expenses
$333,655
Total Assets
N/A
Net Assets
N/A
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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
2018
Legal Domicile
OK
Principal Officer
MONICA COLLISON
Phone
4058345033
Tax Period
2022-01-01 to 2022-12-31

NO NEW OKLAHOMA TAXES INC, founded in 2018, is a small nonprofit that reported $333K in total revenue in fiscal year 2022. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

FINDING POLICY SOLUTIONS THAT PROTECT OKLAHOMA CONSUMERS AND BUSINESSES FROM UNREASONABLE, UNFAIR, AND UNNECESSARY TAXES AND TARIFFS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $333,346
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $333,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $275,338
Other Expenses $333,655
TOTAL EXPENSES $333,655

Year-over-Year Comparison

2022 2021 Change
Revenue $333,346 $259,835 +0.3%
Expenses $333,655 $261,728 +0.3%
Net Income $-309 $-1,893 -0.8%
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

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Governance

Voting Members
2
Independent Members
N/A
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN COLLISON DIRECTOR 10.00
Director
$0 $0 $0
MONICA COLLISON PRESIDENT 10.00
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
2022 $333,346 $333,655 No data $-309
2021 $259,835 $261,728 $309 $-1,893
2020 $286,321 $285,079 $2,202 $1,242
2019 $360,550 $468,226 $960 $-107,676
2018 $1,130,100 $1,021,464 $108,636 $108,636
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