Civic Intelligence

Oklahoma Burglar & Fire Alarm

EIN 02-0583241 • 501(c)6 • Norman, OK

Profile

Okbfaa is committed to maintaining the integrity as well as the promotion of licensed professionals in the electronic security industry.

PO Box 1585Norman, OK 73070

okbfaa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

94th percentile

46%

Higher net margin than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

84th percentile

26%

Faster asset growth than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$471,367

Up $96,955 (+26%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$471,367

Up $96,955 (+26%) from 2023

Revenue

Up

$205,756

Up $33,933 (+20%) from 2023

Expenses

Up

$110,443

Up $6,705 (+6.5%) from 2023

Net Income

Up

$95,313

Up $27,228 (+40%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $53,405Liabilities 2013: $02013Assets 2014: $48,410Liabilities 2014: $02014Assets 2015: $62,338Liabilities 2015: $0Net Assets 2015: $62,3382015Assets 2016: $110,230Liabilities 2016: $0Net Assets 2016: $110,2302016Assets 2017: $135,282Liabilities 2017: $0Net Assets 2017: $135,2822017Assets 2018: $154,582Liabilities 2018: $0Net Assets 2018: $154,5822018Assets 2019: $161,835Liabilities 2019: $0Net Assets 2019: $161,8352019Assets 2020: $182,832Liabilities 2020: $0Net Assets 2020: $182,8322020Assets 2021: $230,032Liabilities 2021: $0Net Assets 2021: $230,0322021Assets 2022: $304,320Liabilities 2022: $0Net Assets 2022: $304,3202022Assets 2023: $374,412Liabilities 2023: $0Net Assets 2023: $374,4122023Assets 2024: $471,367Liabilities 2024: $0Net Assets 2024: $471,3672024

Highlighted filing

2024

Assets$471,367
Liabilities$0
Net Assets$471,367

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $80,147Expenses 2013: $56,101Net Income 2013: $24,0462013Revenue 2014: $55,735Expenses 2014: $60,730Net Income 2014: -$4,9952014Revenue 2015: $90,539Expenses 2015: $76,611Net Income 2015: $13,9282015Revenue 2016: $136,384Expenses 2016: $88,492Net Income 2016: $47,8922016Revenue 2017: $120,367Expenses 2017: $95,315Net Income 2017: $25,0522017Revenue 2018: $116,030Expenses 2018: $96,730Net Income 2018: $19,3002018Revenue 2019: $134,679Expenses 2019: $127,426Net Income 2019: $7,2532019Revenue 2020: $130,250Expenses 2020: $109,253Net Income 2020: $20,9972020Revenue 2021: $166,515Expenses 2021: $119,315Net Income 2021: $47,2002021Revenue 2022: $175,475Expenses 2022: $88,272Net Income 2022: $87,2032022Revenue 2023: $171,823Expenses 2023: $103,738Net Income 2023: $68,0852023Revenue 2024: $205,756Expenses 2024: $110,443Net Income 2024: $95,3132024

Highlighted filing

2024

Revenue$205,756
Expenses$110,443
Net Income$95,313

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$217,179
Mission and Program Overview

Mission

Maintain the integrity and promotion of licensed professionals engaged in the burglar and fire alarm electronic security industry.

Okbfaa is committed to maintaining the integrity as well as the promotion of licensed professionals in the electronic security industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$232,186$282,556▲ $50,370
Cash and Non-Interest-Bearing Accounts$130,015$175,056▲ $45,041
Investments in Publicly Traded Securities$12,211$13,755▲ $1,544
Total Assets$374,412$471,367▲ $96,955
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$374,412$471,367▲ $96,955
Total Net Assets Fund Balance$374,412$471,367▲ $96,955
Total Liabilities and Net Assets / Fund Balance$374,412$471,367▲ $96,955

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,553-
Other Securities$282,556--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Riley FieldsChair
Steven BrekelPast Chair
Danna FowblePresident/ce
Mark OliveVice Chair
Doug BrannonBoard Member
Jamie OgleBoard Member
Nate LayBoard Member
David WilliamsSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$30,165
Program Service Revenue
$157,575
Investment Income
$11,924
Other Revenue
$6,092
Change in Net Assets
$95,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$110,443
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$58,975
All Other Expenses---$10,845
Other Expenses---$6,833
Fees for Services Accounting---$3,600
Insurance---$1,342
Conferences and Meetings---$935
Advertising---$500
Fees for Services Lobbying---$163
Office Expenses---$72
Total Functional Expenses$0$0$0$110,443
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,515
Fundraising Direct Expenses$11,423
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$10,315$10,315-$10,315
Clay Shoot$7,200$7,200$11,423$-4,223
Total Events$17,515$17,515$11,423$6,092
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Okbfaa has contracted with a third-party association management group to oversee and administer all aspects of operations. Operation aspects include administration, membership, convention/meeting planning, education, marketing, information technology and other appropriate tasks. At all times all delegated responsibilities are adequately supervised by the board.

Form 990, Page 6, Part VI, Line 6

Okbfaa is a member-led professional association

Form 990, Page 6, Part VI, Line 7A

All okbfaa members in good standing are allowed to elect fellow members to officer positions. The officers make up the governing body although some matters may be posed to all members for a vote. No voting member is in a position to receive a share of the organization's profits.

Form 990, Page 6, Part VI, Line 11B

The annual form 990 is prepared by an indepenent accountant. The return is reviewed and signed by an officer before filing.

Form 990, Page 6, Part VI, Line 18

Tax returns and select governing documents are made available to members upon request.

Form 990, Page 6, Part VI, Line 19

No documents made available to the public

Filing and Contact Details

Filer

Filer Name
Oklahoma Burglar & Fire Alarm
EIN
02-0583241
Phone
4056640270
Address
PO BOX 1585, NORMAN, OK 73070

Signing Officer

Name
Riley Fields
Title
Chair
Phone
4056640270
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Riley Fields
Formed
1976
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
20

Preparer

Firm
Steven M Phelan CPA Pllc
Address
PO BOX 1197, MUSTANG, OK 73064-1197
Preparer
Steven M Phelan
Phone
4056331694
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ANNUAL FORM 990 IS PREPARED BY AN INDEPENENT ACCOUNTANT. THE RETURN IS REVIEWED AND SIGNED BY AN OFFICER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TAX RETURNS AND SELECT GOVERNING DOCUMENTS ARE MADE AVAILABLE TO MEMBERS UPON REQUEST.
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110443
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0374412
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0471367
IRS990/TotalProgramServiceRevenueAmt0157575
IRS990/TotalRevenueGrp/ExclusionAmt018016
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0157575
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0205756
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0374412
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0471367
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0OKBFAA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RILEY FIELDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04056640270
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OKLAHOMA BURGLAR & FIRE ALARM
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0OKLA
ReturnHeader/Filer/EIN0020583241
ReturnHeader/Filer/PhoneNum04056640270
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1585
ReturnHeader/Filer/USAddress/CityNm0NORMAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073070
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461932715
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEVEN M PHELAN CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1197
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MUSTANG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0730641197
ReturnHeader/PreparerPersonGrp/PhoneNum04056331694
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN M PHELAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-08T10:48:17-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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