OK Foundation (EIN 870643214) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

Philip Webb

Phone

8017077646

Tax Period

2024-01-01 to 2024-12-31

OK Foundation, founded in 1999, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.3M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $8.9M left a modest 5% surplus.

Mission

Serving the needs of the whole child, including education, safety, environment, health, and well-being.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,635,065

Program Service Revenue $0

Investment Income $3,723,816

Other Revenue $-41,635

TOTAL REVENUE $9,317,246

Expense Breakdown

Grants Paid $8,194,525

Salaries & Benefits $259,277

Fundraising Expenses $2,898

Program Expenses $8,691,573

Other Expenses $407,408

TOTAL EXPENSES $8,861,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,317,246	$7,829,040	+0.2%
Expenses	$8,861,210	$2,173,613	+3.1%
Net Income	$456,036	$5,655,427	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$218,998

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sombo Muzata	Board Member	1.00	Director	$0	$0	$0
Dennis Webb	Board Chair	1.00	Director	$0	$0	$0
Jan Robbins	Board Member	1.00	Director	$0	$0	$0
Steve Farrell	Board Member	1.00	Director	$0	$0	$0
Ron Gunnell	Board Member	1.00	Director	$0	$0	$0
Philip Webb	Executive Director	40.00	Officer	$168,000	$50,998	$218,998

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
2024	$9,317,246	$8,861,210	$9,907,631	$456,036
2023	$7,829,040	$2,173,613	$9,499,666	$5,655,427
2022	$1,228,030	$1,768,688	$3,443,255	$-540,658
2021	$645,498	$1,204,557	$4,818,165	$-559,059
2020	$1,158,920	$977,640	$5,046,473	$181,280
2019	$382,742	$717,947	$5,420,807	$-335,205
2018	$68,303	$812,824	$7,351,197	$-744,521

OK Foundation