FRIENDS OF OETA INC (EIN 832527901) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

SHAWN BLACK

Phone

4058488501

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF OETA INC, founded in 2018, is a community nonprofit in the Arts, Culture & Humanities sector that reported $8.3M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $7.2M left a modest 13% surplus.

Mission

TO RAISE FUNDS AND SUPPORT THE ACTIVITIES AND PROGRAMS OF THE OKLAHOMA EDUCATIONAL TELEVISION AUTHORITY BY RECEIVING, INVESTING, MANAGING, AND EXPENDING FUNDS AND PROPERTIES.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,509,174

Program Service Revenue $0

Investment Income $1,723,321

Other Revenue $71,640

TOTAL REVENUE $8,304,135

Expense Breakdown

Grants Paid $5,493,343

Salaries & Benefits $0

Fundraising Expenses $1,405,913

Program Expenses $5,493,343

Other Expenses $425,495

TOTAL EXPENSES $7,208,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,304,135	$9,832,980	-0.2%
Expenses	$7,208,672	$7,221,198	0.0%
Net Income	$1,095,463	$2,611,782	-0.6%

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

Governance

Voting Members

Independent Members

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

$113,449

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARRETT KING	PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER EVE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
KEN FERGESON	TREASURER	2.00	Officer Director	$0	$0	$0
SHARON NEUWALD	SECRETARY	2.00	Officer Director	$0	$0	$0
RANDY BEUTLER	DIRECTOR	2.00	Director	$0	$0	$0
PHILIP BUSEY JR	DIRECTOR	2.00	Director	$0	$0	$0
DEENA FISHER	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW HARRIS	DIRECTOR	2.00	Director	$0	$0	$0
GLEN JOHNSON JR	DIRECTOR	2.00	Director	$0	$0	$0
JONNA KIRSCHNER	DIRECTOR	2.00	Director	$0	$0	$0
SUZANNE LAIR	DIRECTOR	2.00	Director	$0	$0	$0
LISA MONSOUR MASON	DIRECTOR	2.00	Director	$0	$0	$0
SETH PAXTON	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT SPINKS	DIRECTOR	2.00	Director	$0	$0	$0
HAROLD WRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH BUSBY	DIRECTOR	2.00	Director	$0	$0	$0
SHAWN BLACK	INTERIM EXECUTIVE DIRECTOR	10.00	Officer	$0	$23,156	$113,449
POLLY ANDERSON	FORMER EXECUTIVE DIRECTOR	10.00		$0	$15,383	$175,687

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	$8,304,135	$7,208,672	$62,898,484	$1,095,463
2024	$9,832,980	$7,221,198	$57,792,714	$2,611,782
2023	$8,452,869	$6,941,317	$51,089,930	$1,511,552
2022	$7,429,895	$7,074,519	$46,134,455	$355,376
2021	$14,188,991	$6,415,992	$52,803,812	$7,772,999
2020	$8,216,373	$6,482,052	$43,280,185	$1,734,321

FRIENDS OF OETA INC