TRUE SKY CREDIT UNION FOUNDATION INC

EIN: 850616637 501(c)(3) Philanthropy & Grantmaking

OKLAHOMA CITY, OK

Total Revenue
$124,103
Total Expenses
$47,228
Total Assets
$76,875
Net Assets
$76,875
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
OK
Principal Officer
JULIE GAMBLIN
Phone
4056821990
Tax Period
2021-01-01 to 2021-12-31

TRUE SKY CREDIT UNION FOUNDATION INC, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $124K in total revenue in fiscal year 2021. The organization ran a surplus of $77K, a strong 62% operating margin.

Mission

THE FOUNDATION IDENTIFIED 3 VERTICAL AREAS OF FOCUS:VERTICAL ONE: SERVE - FOOD, HOUSING, DISASTER RELIEF, CHILDREN'S MIRACLE NETWORK VERTICAL TWO: EMPOWER - EDUCATION, FINANCIAL HEALTH, EMPLOYMENTVERTICAL THREE: ENRICH - SENIORS, DISABLED, VETERANS, AND OTHER DIVERSE GROUPS

Program Service Accomplishments

Program 1
Expenses: $42,500

CHILDREN'S MIRACLE NETWORK: TO PROVIDE THE BEST CARE FOR KIDS, CHILDREN'S HOSPITALS RELY ON DONATIONS AND COMMUNITY SUPPORT, AS MEDICAID AND INSURANCE PROGRAMS DO NOT FULLY COVER THE COST OF CARE...

Read more

CHILDREN'S MIRACLE NETWORK: TO PROVIDE THE BEST CARE FOR KIDS, CHILDREN'S HOSPITALS RELY ON DONATIONS AND COMMUNITY SUPPORT, AS MEDICAID AND INSURANCE PROGRAMS DO NOT FULLY COVER THE COST OF CARE. SINCE 1983, CHILDREN'S MIRACLE NETWORK HOSPITALS HAS HELPED FILL THOSE FUNDING GAPS BY RAISING MORE THAN $7 BILLION, MOST OF IT $1 AT A TIME THROUGH MIRACLE BALLOON ICON CAMPAIGNS. ITS VARIOUS FUNDRAISING PARTNERS AND PROGRAMS SUPPORT THE NONPROFIT'S MISSION TO SAVE AND IMPROVE THE LIVES OF AS MANY CHILDREN AS POSSIBLE.

Program 2
Expenses: $4,163

TURKEY GIVEAWAY AT NEW BETHEL BAPTIST CHURCH THE FOUNDATION DONATED TURKEYS TO PEOPLE IN THE COMMUNITY WHO CAME UP TO THE CHURCH TO PICK UP THE TURKEY. THE TURKEYS WERE HANDED OUT IN AN IMPOVERISHED...

Read more

TURKEY GIVEAWAY AT NEW BETHEL BAPTIST CHURCH THE FOUNDATION DONATED TURKEYS TO PEOPLE IN THE COMMUNITY WHO CAME UP TO THE CHURCH TO PICK UP THE TURKEY. THE TURKEYS WERE HANDED OUT IN AN IMPOVERISHED AREA OF OKLAHOMA CITY TO HELP THOSE IN NEED DURING THE NOVEMBER (THANKSGIVING) TIMEFRAME.

Program 3
Expenses: $500

THE PAJAMA/MITTEN FOUNDATION DONATION WAS FOR THE SCHOOL CHILDREN AT MARTIN LUTHER KING ELEMENTARY, PREK THROUGH KINDERGARTEN SCHOOL (160 KIDS). PAJAMAS AND MITTENS WERE DONATED, AND THE FOUNDATION...

Read more

THE PAJAMA/MITTEN FOUNDATION DONATION WAS FOR THE SCHOOL CHILDREN AT MARTIN LUTHER KING ELEMENTARY, PREK THROUGH KINDERGARTEN SCHOOL (160 KIDS). PAJAMAS AND MITTENS WERE DONATED, AND THE FOUNDATION DONATED $500 TO PURCHASED MITTENS AND PAJAMAS FOR THE SCHOOL.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $88,595
Program Service Revenue $0
Investment Income $0
Other Revenue $35,508
TOTAL REVENUE $124,103

Expense Breakdown

Grants Paid $47,163
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $47,163
Other Expenses $65
TOTAL EXPENSES $47,228

Year-over-Year Comparison

2021 2020 Change
Revenue $124,103 N/A N/A
Expenses $47,228 N/A N/A
Net Income $76,875 $0 N/A
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
5
$701,037
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE GAMBLIN CHAIRPERSON OF THE BOARD/PRESIDENT 3.00
Director
$0 $28,311 $287,122
MIKE SHOCKLEY TREASURER 2.00
Director
$0 $18,692 $197,334
TOBY RAGAINI SECRETARY 2.00
Director
$0 $26,160 $216,581
MICHELLE COPPEDGE DIRECTOR 1.00
Director
$0 $0 $0
ILETA YOUNG DIRECTOR 1.00
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 $124,103 $47,228 $76,875 $76,875
Explore More Nonprofits
Top 100 Nonprofits in Oklahoma Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TRUE SKY CREDIT UNION FOUNDATION INC with other nonprofits in Oklahoma and across the country.