Civic Intelligence

East Central University Foundation Inc

EIN 23-7058908 • 501(c)3 • Ada, OK

Profile

The primary mission of the foundation is to benefit east central university's student body, faculty, and its programs.

1100 E 14th Street Pmb Y-8Ada, OK 74820

www.ecok.edu/foundation

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

6th percentile

0.01x

Higher debt load relative to revenue than 6% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

88th percentile

27%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Revenue Growth

84th percentile

35%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$76,715,339

Up $14,685,784 (+24%) from 2024

Liabilities

Up

$152,539

Up $50,859 (+50%) from 2024

Net Assets

Up

$76,562,800

Up $14,634,925 (+24%) from 2024

Operations
Liabilities / Revenue6th percentileNet Margin96th percentile

Revenue

Up

$19,235,791

Up $4,860,186 (+34%) from 2024

Expenses

Up

$4,600,866

Up $419,693 (+10%) from 2024

Net Income

Up

$14,634,925

Up $4,440,493 (+44%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

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

$80M$60M$40M$20M$0Assets 2015: $27,079,804Liabilities 2015: $10,283Net Assets 2015: $27,069,5212015Assets 2016: $28,817,446Liabilities 2016: $13,478Net Assets 2016: $28,803,9682016Assets 2017: $32,450,788Liabilities 2017: $0Net Assets 2017: $32,450,7882017Assets 2018: $33,076,424Liabilities 2018: $0Net Assets 2018: $33,076,4242018Assets 2019: $35,564,099Liabilities 2019: $0Net Assets 2019: $35,564,0992019Assets 2020: $36,268,495Liabilities 2020: $56,614Net Assets 2020: $36,211,8812020Assets 2021: $42,572,023Liabilities 2021: $38,249Net Assets 2021: $42,533,7742021Assets 2022: $39,213,275Liabilities 2022: $37,376Net Assets 2022: $39,175,8992022Assets 2023: $47,868,184Liabilities 2023: $62,884Net Assets 2023: $47,805,3002023Assets 2024: $62,029,555Liabilities 2024: $101,680Net Assets 2024: $61,927,8752024Assets 2025: $76,715,339Liabilities 2025: $152,539Net Assets 2025: $76,562,8002025

Highlighted filing

2025

Assets$76,715,339
Liabilities$152,539
Net Assets$76,562,800
Open 2025 Filing

Operations Trend

Revenue Growth84th percentile

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

$20M$15M$10M$5.0M$0Revenue 2015: $5,311,998Expenses 2015: $2,000,509Net Income 2015: $3,311,4892015Revenue 2016: $5,838,920Expenses 2016: $3,253,878Net Income 2016: $2,585,0422016Revenue 2017: $4,147,009Expenses 2017: $2,575,174Net Income 2017: $1,571,8352017Revenue 2018: $2,857,926Expenses 2018: $2,649,697Net Income 2018: $208,2292018Revenue 2019: $5,165,182Expenses 2019: $2,677,725Net Income 2019: $2,487,4572019Revenue 2020: $3,123,664Expenses 2020: $2,476,345Net Income 2020: $647,3192020Revenue 2021: $2,935,087Expenses 2021: $2,478,529Net Income 2021: $456,5582021Revenue 2022: $6,604,235Expenses 2022: $2,963,519Net Income 2022: $3,640,7162022Revenue 2023: $10,481,082Expenses 2023: $4,262,535Net Income 2023: $6,218,5472023Revenue 2024: $14,375,605Expenses 2024: $4,181,173Net Income 2024: $10,194,4322024Revenue 2025: $19,235,791Expenses 2025: $4,600,866Net Income 2025: $14,634,9252025

Highlighted filing

2025

Revenue$19,235,791
Expenses$4,600,866
Net Income$14,634,925
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,715,339
Liabilities
$152,539
Net assets
$76,562,800
Revenue
$19,235,791
Expenses
$4,600,866
Net income
$14,634,925
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$76.7$0.15$76.6$19.2$4.60$14.6
2024Detailed filing. Detailed filing data is available for this year.$62.0$0.10$61.9$14.4$4.18$10.2
2023Detailed filing. Detailed filing data is available for this year.$47.9$0.06$47.8$10.5$4.26$6.22
2022Detailed filing. Detailed filing data is available for this year.$39.2$0.04$39.2$6.60$2.96$3.64
2021Detailed filing. Detailed filing data is available for this year.$42.6$0.04$42.5$2.94$2.48$0.46
2020Detailed filing. Detailed filing data is available for this year.$36.3$0.06$36.2$3.12$2.48$0.65
2019Detailed filing. Detailed filing data is available for this year.$35.6$0.00$35.6$5.17$2.68$2.49
2018Detailed filing. Detailed filing data is available for this year.$33.1$0.00$33.1$2.86$2.65$0.21
2017Detailed filing. Detailed filing data is available for this year.$32.5$0.00$32.5$4.15$2.58$1.57
2016Detailed filing. Detailed filing data is available for this year.$28.8$0.01$28.8$5.84$3.25$2.59
2015Detailed filing. Detailed filing data is available for this year.$27.1$0.01$27.1$5.31$2.00$3.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 12, 2026
Return Version
2024v5.5
Gross Receipts
$19,235,791
Mission and Program Overview

Mission

The primary mission of the foundation is to benefit east central university's student body, faculty, and its programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$46,741,491$52,362,415▲ $5,620,924
Savings and Temporary Cash Investments$4,678,739$10,739,752▲ $6,061,013
Pledges and Grants Receivable$4,626,879$4,705,814▲ $78,935
Land, Buildings, and Equipment, Net$12,280$12,280→ $0
Prepaid Expenses and Deferred Charges$16,431$6,495▼ $9,936
Intangible Assets$323$323→ $0
Accounts Receivable$25$25→ $0
Total Assets$62,029,555$76,715,339▲ $14,685,784
Other Assets Total$5,953,387$8,888,235▲ $2,934,848
Liabilities
Accounts Payable and Accrued Expenses$101,680$152,539▲ $50,859
Total Liabilities$101,680$152,539▲ $50,859
Net Assets / Fund Balance
Net Assets With Donor Restrictions$60,287,866$74,291,610▲ $14,003,744
Net Assets Without Donor Restrictions$1,640,009$2,271,190▲ $631,181
Total Net Assets Fund Balance$61,927,875$76,562,800▲ $14,634,925
Total Liabilities and Net Assets / Fund Balance$62,029,555$76,715,339▲ $14,685,784

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$-220$33,567$33,347
Land$12,500--
Other Assets Org$8,868,355--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$43,474,672$1,784,874▲ $4,111,197$1,883,838$47,486,905
2023$38,507,953$2,990,193▲ $3,603,246$1,626,720$43,474,672
2022$35,552,616$2,053,037▲ $2,567,364$1,665,064$38,507,953
2021$36,355,816$4,349,806▼ $3,831,166$1,321,840$35,552,616
2020$31,239,842$1,208,013▲ $5,221,147$1,313,186$36,355,816
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
John HargraveChief Executive OfficerFT$121,000$23,382$144,382
Buffy LovelisChief Operating OfficerFT-$118,598$118,598
Gerald WilliamsonFundraiser-$64,200$18,059$82,259
Jessica SanchezCreative CoordinatorFT-$29,266$29,266

Board Members and Trustees

NameTitle
Randy NailChair
Mark StringfieldInvestment Committee Chair
Judy ParkerNominating Chair
Michael MillsapPast Chair
Duane AndersonScholarship Committee Chair
Janice GrayTreasurer/finance Chair
Jeremy HumphersVice Chair
Alan HollowayTrustee
Brad ThompsonTrustee
Chris MimsTrustee
Claudia HisleTrustee
Donnie NeroTrustee
Duane MurrayTrustee
Fob JonesTrustee
Jenny TrettTrustee
Jim KingTrustee
Jimmy WilliamsTrustee
Katie HillTrustee
Kevin WoodTrustee
Lashawn GallimoreTrustee
Margaret BartonTrustee
Nancy WilliamsTrustee
Robbie Jones FoxxTrustee
Shawn HimeTrustee
Steve TurnerTrustee
Tom DarterTrustee
Tony a ScottTrustee
Mason GrovesOcfo
Taylor HowardSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$13,307,982
Program Service Revenue
$0
Investment Income
$5,924,059
Other Revenue
$3,750
All Other Contributions
$13,307,982
Change in Net Assets
$14,634,925

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Closely Held Stock2$69,762Fair Market Value (FMV)
Other Non Cash Contri Table1$320Fair Market Value (FMV)
Total Noncash Contributions3$70,082-

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,235,791
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$19,235,791
Total Revenue per Form 990
$19,235,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,698,698
Other Expenses$545,236
Total Fundraising Expense$448,427
Salaries, Compensation, and Employee Benefits$356,932
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,507,933--$2,507,933
Grants to Domestic Individuals$1,190,765--$1,190,765
Current Officers, Directors, Trustees, and Key Employees$106,750$85,400$21,350$213,500
Fees for Services Other-$92,965-$92,965
Payroll Taxes$39,616$31,693$7,923$79,232
Other Salaries and Wages--$64,200$64,200
Fees for Services Accounting-$56,194-$56,194
Advertising--$14,049$14,049
Travel-$7,853-$7,853
Other Expenses-$5,100$99,415$5,100
All Other Expenses-$2,321$2,254$4,575
Fees for Services Legal-$4,335-$4,335
Office Expenses-$4,252-$4,252
Insurance-$3,802-$3,802
Conferences and Meetings-$3,524-$3,524
Total Functional Expenses$3,845,064$307,375$448,427$4,600,866

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,600,866
Total Expenses per Audited Statements$4,600,866
Total Expenses per Form 990$4,600,866
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
East Central UniversityAda, OK501c3Financial Support$2,507,933
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the cfo before it is filed with irs.”

Form 990, Part VI, Section B, Line 12C

“Board members are sent a confidentiality/conflict of interest policy to review and sign after their initial vote in as trustees. The chair of the executive committee and the executive director review these and report any issues to the executive committee. Each trustee signs a new form annually, and any issues are reported to the executive committee.”

Form 990, Part VI, Section B, Line 15

“Compensation for top management official and other key employees is reviewed and substantiated by members of the board.”

Form 990, Part VI, Section C, Line 19

“The foundation's bylaws are available on its website. The foundation's conflict of interest policy is available upon request. Financial statements are provided at the annual meeting and upon request.”

Filing and Contact Details

Filer

Filer Name
East Central University Foundation Inc
EIN
23-7058908
Phone
5805595655
Address
1100 E 14TH STREET PMB Y-8, ADA, OK 74820

Signing Officer

Name
Buffy Lovelis
Title
Chief Operating Officer
Phone
5805595655
Signed
2026-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Hargrave
Formed
1970
Legal Domicile
Ok
Voting Board Members
28
Independent Board Members
28
Employees
2
Volunteers
0

Preparer

Firm
Finley & Cook Pllc
Address
1421 E 45TH ST, SHAWNEE, OK 74804-1447
Preparer
Jonathan Gauss
Phone
4058787300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Ln 2C

“The board of directors assumes responsibility for oversight of the audit of the financial statements as well as selection and approval of the independent certified public accountant.”

Financial Statement Notes

Schedule D, Part X, Line 2

“Footnote regarding uncertain tax positions under fin 48: the foundation evaluates and accounts for its uncertain tax positions, if any, in accordance with asc topic 740,"income taxes," including the foundation's tax position as a tax-exempt, not-for-profit. Through the foundation's evaluation of its uncertain tax positions, management has determined no uncertain tax positions existed as of june 30,2025 or 2024, which would require the foundation to record a liability for the uncertain tax positions in its financial statements.”

Schedule D, Part V, Line 4

“Permanently restricted funds are intended to be used for a variety of scholarships and activities.”

Schedule D, Part III, Line 4

“The collection of artwork is to be used to further educational and research purposes of east central university.”

Raw XML AppendixShowing 400 of 709 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13NOMINATING CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
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