Oklahoma Fraternal Order of Police Legal Defense Plan Inc

EIN: 921917760 Mutual Benefit

Edmond, OK

Total Revenue
$810,917
Total Expenses
$626,767
Total Assets
$499,115
Net Assets
$498,991
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
OK
Phone
4059906382
Tax Period
2024-07-01 to 2025-06-30

Oklahoma Fraternal Order of Police Legal Defense Plan Inc, founded in 2023, is a small nonprofit in the Mutual Benefit sector that reported $811K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 23% operating margin.

Mission

The Oklahoma Fraternal Order of Police Legal Defense Plan, Inc. is organized and shall be operated exclusively for exempt purposes within the meaning of Section 501 c8 of the Internal Revenue Code, as amended or corresponding provisions of any future United States internal revenue law, and to provide for the payment of exempt legal defense expenses incurred by members of the subordinate lodges of the Oklahoma Fraternal Order of Police, an Oklahoma nonprofit corporation described in Code Section 501 c8. The Oklahoma Fraternal Order of Police Legal Defense Plan, Inc. is designated as a non-profit corporation. The corporation shall not carry on any other activities not permitted to be carried on by any organization exempt from federal income tax under Section 501c8 of the Internal Revenue Code or corresponding section of any future federal tax code. The property of the corporation is irrevocably dedicated to its exempt purpose under Section 501 c8 of the Internal Revenue Code.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $805,803
Investment Income $5,114
Other Revenue $0
TOTAL REVENUE $810,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,477
Fundraising Expenses $0
Other Expenses $584,290
TOTAL EXPENSES $626,767

Year-over-Year Comparison

2024 2023 Change
Revenue $810,917 $674,405 +0.2%
Expenses $626,767 $359,564 +0.7%
Net Income $184,150 $314,841 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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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
5
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
$15,600
Total Directors
3
$17,400
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Cook Executive Dir. 0.00
Officer
$15,600 $0 $15,600
Corey Boyd Treasurer 0.00
Director
$9,600 $0 $9,600
John Weber Chairman 0.00
Director
$7,800 $0 $7,800
Rob Gallavan Chairman 0.00
Director
$0 $0 $0
Jesse Pfeil Trustee 0.00
$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
2025 $810,917 $626,767 $499,115 $184,150
2024 $674,405 $359,564 $314,841 $314,841
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