Civic Intelligence

Oklahoma Foundation for Excellence

990 • Fiscal year 2020 • EIN 73-1260595

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 04, 2020

101 Park Ave No 420Oklahoma City, OK 73102-7201

(405) 236-0006

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.08x

Higher debt load relative to revenue than 27% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

28th percentile

-3.6%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$107,745

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

36th percentile

1.8%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-57%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,953,372

Up $143,190 (+1.8%) from 2019

Net Assets

Up

$7,886,854

Up $84,566 (+1.1%) from 2019

Liabilities

Up

$66,518

Up $58,624 (+743%) from 2019

Revenue

Down

$852,970

Down $1,140,571 (-57%) from 2019

Expenses

Down

$883,693

Down $143,265 (-14%) from 2019

Net Income

Down

-$30,723

Down $997,306 (-103%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $5,610,691Liabilities 2010: $617Net Assets 2010: $5,610,0742010Assets 2011: $6,411,760Liabilities 2011: $15,567Net Assets 2011: $6,396,1932011Assets 2012: $6,209,414Liabilities 2012: $10,691Net Assets 2012: $6,198,7232012Assets 2013: $6,784,064Liabilities 2013: $19,188Net Assets 2013: $6,764,8762013Assets 2014: $7,541,429Liabilities 2014: $22,869Net Assets 2014: $7,518,5602014Assets 2015: $7,505,655Liabilities 2015: $46,328Net Assets 2015: $7,459,3272015Assets 2016: $7,095,371Liabilities 2016: $37,746Net Assets 2016: $7,057,6252016Assets 2017: $7,420,726Liabilities 2017: $3,278Net Assets 2017: $7,417,4482017Assets 2018: $7,598,253Liabilities 2018: $2,100Net Assets 2018: $7,596,1532018Assets 2019: $7,810,182Liabilities 2019: $7,894Net Assets 2019: $7,802,2882019Assets 2020: $7,953,372Liabilities 2020: $66,518Net Assets 2020: $7,886,8542020Assets 2021: $9,711,112Liabilities 2021: $71,863Net Assets 2021: $9,639,2492021Assets 2022: $8,286,945Liabilities 2022: $1,990Net Assets 2022: $8,284,9552022Assets 2023: $8,657,333Liabilities 2023: $15,209Net Assets 2023: $8,642,1242023Assets 2024: $9,487,077Liabilities 2024: $173,883Net Assets 2024: $9,313,1942024Assets 2025: $10,047,079Liabilities 2025: $131,079Net Assets 2025: $9,916,0002025

Highlighted filing

2020

Assets$7,953,372
Liabilities$66,518
Net Assets$7,886,854

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $850,4172010Expenses 2011: $815,0992011Expenses 2012: $872,1352012Expenses 2013: $907,9072013Revenue 2014: $865,676Expenses 2014: $971,381Net Income 2014: -$105,7052014Revenue 2015: $984,404Expenses 2015: $940,857Net Income 2015: $43,5472015Revenue 2016: $1,898,028Expenses 2016: $977,809Net Income 2016: $920,2192016Revenue 2017: $859,869Expenses 2017: $994,343Net Income 2017: -$134,4742017Revenue 2018: $958,243Expenses 2018: $1,076,613Net Income 2018: -$118,3702018Revenue 2019: $1,993,541Expenses 2019: $1,026,958Net Income 2019: $966,5832019Revenue 2020: $852,970Expenses 2020: $883,693Net Income 2020: -$30,7232020Revenue 2021: $1,099,032Expenses 2021: $895,478Net Income 2021: $203,5542021Revenue 2022: $982,350Expenses 2022: $975,164Net Income 2022: $7,1862022Revenue 2023: $935,669Expenses 2023: $915,154Net Income 2023: $20,5152023Revenue 2024: $1,718,456Expenses 2024: $985,934Net Income 2024: $732,5222024Revenue 2025: $1,205,990Expenses 2025: $1,010,112Net Income 2025: $195,8782025

Highlighted filing

2020

Revenue$852,970
Expenses$883,693
Net Income-$30,723
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 4, 2020
Return Version
2019v5.1
Gross Receipts
$2,497,820
Mission and Program Overview

Mission

The mission of the foundation is to encourage and recognize academic excellence in oklahoma's public schools. In accordance with this mission, the foundation is created to recognize and encourage excellence in teaching and scholarship in the state of oklahoma, to nurture and support a favorable climate in the state of oklahoma for the teaching profession and for the attainment of excellence by students, and to foster and encourage the development of local school foundations in oklahoma communities.

To recognize and encourage academic excellence in teaching and scholarship in the state of oklahoma, to nurture and support a favorable climate for the teaching profession and for the attainment of excellence by students, and to encourage the development of similar groups in oklahoma communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,258,080$7,384,546▲ $126,466
Cash and Non-Interest-Bearing Accounts$322,298$343,759▲ $21,461
Land, Buildings, and Equipment, Net$7,555$19,767▲ $12,212
Prepaid Expenses and Deferred Charges$10,860$7,039▼ $3,821
Pledges and Grants Receivable$5,350$250▼ $5,100
Total Assets$7,810,182$7,953,372▲ $143,190
Other Assets Total$206,039$198,011▼ $8,028
Liabilities
Mortgage Notes Payable Secured by Investment Property-$64,600-
Accounts Payable and Accrued Expenses$7,894$1,918▼ $5,976
Total Liabilities$7,894$66,518▲ $58,624
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,808,154$6,944,799▲ $136,645
Net Assets With Donor Restrictions$994,134$942,055▼ $52,079
Total Net Assets Fund Balance$7,802,288$7,886,854▲ $84,566
Total Liabilities and Net Assets / Fund Balance$7,810,182$7,953,372▲ $143,190

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$19,767$23,445$43,212

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$7,306,451-▲ $297,593$150,815$7,453,229
2018$7,103,918$159,150▲ $396,707$353,324$7,306,451
2017$6,960,490-▲ $484,006$340,578$7,103,918
2016$6,611,406-▲ $689,513$340,429$6,960,490
2015$6,935,253-▼ $79,816$244,031$6,611,406
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Emily StrattonExecutive DirectorFT$101,489$6,256$107,745

Board Members and Trustees

NameTitle
David L BorenChairman
Cathryn RenderPresident
Jami Rhoades AntonissePresident-elect
Andrew J MorrisTrustee
Anil V GollahalliTrustee
Anne T HolzberleinTrustee
Annie SwitzerTrustee
Annie TomecekTrustee
Arthur H ThompsonTrustee
Barbara D SturdivantTrustee
Barbara M BraughtTrustee
Bert H MackieTrustee
Beth E SnappTrustee
Beth JohnsonTrustee
Betty Jc WrightTrustee
Beverly CarterTrustee
Bob BurkeTrustee
Brian E ShippTrustee
Bruce T BenbrookTrustee
C Kendric FergesonTrustee
Carrie HeadingtonTrustee
Charles L OppenheimTrustee
Charles R HallTrustee
Charlotte a JonesTrustee
Chip CarterTrustee
Christa HughesTrustee
Claudia H BartlettTrustee
Clifton L TaulbertTrustee
D Craig StoryTrustee
Dan BorenTrustee
Daniel V Barney IiTrustee
Darin KentTrustee
David E JonesTrustee
David L HoustonTrustee
David PosticTrustee
Deanne Dutton HughesTrustee
Diana D BrownTrustee
Dow R HughesTrustee
Dr Ann L CaineTrustee
Dr Bill H HillTrustee
Dr Carolyn a TaylorTrustee
Dr Cheryl EvansTrustee
Dr Edward NonweilerTrustee
Dr Glen D Johnson JrTrustee
Dr Gregg a GarnTrustee
Dr J Bridger CoxTrustee
Dr Janet CunninghamTrustee
Dr Jennifer DennisTrustee
Dr Joe SianoTrustee
Dr Kayse M ShrumTrustee
Dr Lynda J GipsonTrustee
Dr Nancy K HallTrustee
Dr Peggy J WisdomTrustee
Dr Randy BakerTrustee
Dr Randy L BeutlerTrustee
Dr Rebecca Jm KennedyTrustee
Dr Robyn R MillerTrustee
Dr Stewart RyanTrustee
Earlene ParrTrustee
Elizabeth InbodyTrustee
Elizabeth WhiteTrustee
Emily C WoodTrustee
Farooq S KarimTrustee
Frank C RobsonTrustee
G Bridger CoxTrustee
Gail BlissTrustee
Gene PerryTrustee
Gov Bill AnoatubbyTrustee
Gracie MontgomeryTrustee
Gregory AndersonTrustee
Howard G Barnett JrTrustee
J Charles Chockley IiTrustee
James CalvertTrustee
James K HowardTrustee
Jan BarrickTrustee
Janet T DrummondTrustee
Jari AskinsTrustee
Jason HitchTrustee
Jean HendricksonTrustee
Jenny DakilTrustee
Jerrod GeigerTrustee
Joe MartinTrustee
John B GortonTrustee
John KennedyTrustee
John MasseyTrustee
John R HargraveTrustee
Joseph Harroz JrTrustee
Joseph L Parker JrTrustee
Joseph S JankowskyTrustee
Judge Kenneth L BuettnerTrustee
Judge Robin J CauthronTrustee
Judge Vicki Miles-lagrangeTrustee
Judy Z KishnerTrustee
Julie E BatesTrustee
Karen HensonTrustee
Kathryn TurnerTrustee
Kathy ZervasTrustee
Ken BusbyTrustee
Ken LackeyTrustee
Kevin BlaylockTrustee
Kim Brock DowningTrustee
Kyden CreekpaumTrustee
Kyle DahlemTrustee
Kyle WrayTrustee
Lana ReynoldsTrustee
Larry BriggsTrustee
Laurie TilleyTrustee
Leah M BarbyTrustee
Lee Ann DearmanTrustee
Leslie B ParisTrustee
Leslie DaughertyTrustee
Linda Ammons StarlingTrustee
Linda C HaneborgTrustee
Linda DowningTrustee
Linda EdmondsonTrustee
Linda K NealTrustee
Linda R RodgersTrustee
Lisa PryorTrustee
Lisa RobertsonTrustee
Liz RobertsonTrustee
Loyd BensonTrustee
M Susan SavageTrustee
Marian C TisdalTrustee
Mariano AcunaTrustee
Marion J StoryTrustee
Martie OylerTrustee
Mary Frances MichaelisTrustee
Mary M JenkinsTrustee
Matthew H McbeeTrustee
Melvin R MoranTrustee
Michelle NaborsTrustee
Mike BlakeTrustee
Molly Shi BorenTrustee
Montie R BoxTrustee
Morgan HarrisTrustee
Nance DiamondTrustee
Nancy J GrigsbyTrustee
Nancy L LeonardTrustee
Neil P SchemmerTrustee
Noble McintyreTrustee
Paige L JohnsonTrustee
Patricia SholarTrustee
Patricia W WheelerTrustee
Patti MellowTrustee
Peter J ReganTrustee
Phillip ReidTrustee
Polly NicholsTrustee
Rik HelmerichTrustee
Ruben AragonTrustee
Sandy GarrettTrustee
Sandy WernerTrustee
Sanjay MeshriTrustee
Sarah RedwineTrustee
Scott ThompsonTrustee
Sean BurrageTrustee
Sharon M BartlettTrustee
Shelly LambertzTrustee
Sherrel a JonesTrustee
Stephen B HoltonTrustee
Steve BurrageTrustee
Stuart SanderTrustee
Sue Ann RodgersTrustee
Susan I ThurmondTrustee
Susan PaddackTrustee
Susan WinchesterTrustee
Suzanne SimonTrustee
Suzanne ThompsonTrustee
Teresa B AdwanTrustee
Todd BoydTrustee
Tony ZahnTrustee
Vanessa DrummondTrustee
Virginia a MeadeTrustee
W Carlisle Mabrey IiiTrustee
William G KerrTrustee
William H CrawfordTrustee
William L PeacherTrustee
William M CameronTrustee
Ken MillerSecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$590,228
Program Service Revenue
$16,625
Investment Income
$245,859
Other Revenue
$258
All Other Contributions
$590,228
Change in Net Assets
$-30,723

Audited Revenue Reconciliation

Revenue per Audited Statements
$827,278
Revenue Not Reported on Financial Statements
$25,692
Revenue Not Reported on Form 990
$115,289
Total Revenue per Audited Statements
$942,567
Total Revenue per Form 990
$852,970
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$357,936
Other Expenses$339,672
Grants and Similar Amounts Paid$186,085
Total Fundraising Expense$42,830
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,752$28,792$16,202$213,746
Grants to Domestic Individuals$128,000--$128,000
Current Officers, Directors, Trustees, and Key Employees$81,367$13,882$7,813$103,062
Grants to Domestic Orgs$58,085--$58,085
Occupancy$32,139$6,507$3,660$42,306
All Other Expenses$28,395$7,321$3,812$39,528
Fees for Services Accounting-$30,257-$30,257
Fees for Services Management$28,590--$28,590
Information Technology$19,320$4,122$2,319$25,761
Fees for Service Investment Mgmnt Fees-$25,692-$25,692
Payroll Taxes$19,134$3,265$1,836$24,235
Other Employee Benefits$12,670$2,703$1,520$16,893
Other Expenses$9,266$1,619$911$11,796
Depreciation Depletion$5,574$1,189$669$7,432
Conferences and Meetings$112$6,877-$6,989
Office Expenses$1,961$374$3,723$6,058
Insurance$2,909$620$349$3,878
Travel$2,117$880$16$3,013
Total Functional Expenses$706,469$134,394$42,830$883,693

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$883,693
Expenses per Audited Statements$858,001
Total Expenses per Audited Statements$858,001
Expenses Not Reported on Financial Statements$25,692
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fund for TeachersHouston, TX-Teacher Education$46,937
Sapula Public SchoolsSapula, OK-Teacher Education$8,148
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
No
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members teresa b. Adwan and liz robertson are sisters-in-law. Board members julie e. Bates and david postic are mother and son. Board member mike blake is a shareholder in mcafee & taft law firm. William w. Rodgers, the husband of board member linda r. Rodgers, is an employee of this firm. Board members david l. And molly shi boren are husband and wife. Board member david boren is the father of board members dan boren and carrie headington. Board member steve burrage is the uncle of board member sean burrage. Board members beverly r. Carter and chip carter are mother and son. Board members g. Bridger cox and j. Bridger cox are father and son. Board member janet drummond is the mother-in-law of board member vanessa drummond. Board members deanne dutton hughes and dow hughes are husband and wife. Board members mary frances michaelis and barbara m. Braught are mother and daughter. Board member ken miller is the brother-in-law of board member robyn miller. Board member liz robertson is the mother-in-law of board member lisa robertson. Board members linda r. Rodgers and elizabeth inbody are mother and daughter. Board members linda r.rogers, and sue ann rodgers are married to brothers william w. And james r. Rodgers. Board members d. Craig and marion j. Story are husband and wife.

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

Form 990 is previewed by the treasurer and any questions are discussed with the outside accounting firm. It is then presented by the treasurer to the management committee for their review and approval.

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

We send our conflict of interest policy to our new trustees each year and to new selection committee members. We also include it in our board member packets at the annual meeting. In addition, the policy is acknowledged and accepted by our volunteers.

Form 990, Part VI, Section B, Line 15

As part of the management committee's annual meeting that includes approval of the budget for the year, the meeting includes a discussion, without the presence of the executive director or staff, to evalute staff performance per set guidelines and goals as well as associated compensation.

Form 990, Part VI, Section C, Line 19

The by-laws, whistleblower policy, conflict-of-interest policy and current financial statements, including the external auditors opinion are posted on the organization's website under governance.

Filing and Contact Details

Filer

Filer Name
Oklahoma Foundation for Excellence
EIN
73-1260595
Phone
4052360006
Address
101 PARK AVE NO 420, OKLAHOMA CITY, OK 73102-7201

Signing Officer

Name
Emily Stratton
Title
Executive Director
Phone
4052360006
Signed
2020-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Stratton
Formed
1996
Legal Domicile
Ok
Voting Board Members
178
Independent Board Members
178
Employees
6
Volunteers
270

Preparer

Firm
Engelbach Roberts & Co Pllc
Address
4000 CLASSEN CTR STE 100C, OKLAHOMA CITY, OK 73118
Preparer
Dennis D Galyon
Phone
4055284000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation evaluates and accounts for their uncertain tax positions, if any, in accordance with u.s. Generally accepted accounting principles, including the foundation's tax position as a tax-exempt not-for-profit entity. Through the foundation's evaluation of its uncertain tax positions, management has determined no uncertain tax positions exits as of june 30,2020, which would require the foundation to record a liability for the uncertain tax positions in its financial statements. The foundation's exempt returns for the years ended before june 30,2016, are no longer subject to examination by taxing authorities.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.0$0.13$9.92$1.21$1.01$0.20
2024Detailed filing. Detailed filing data is available for this year.$9.49$0.17$9.31$1.72$0.99$0.73
2023Detailed filing. Detailed filing data is available for this year.$8.66$0.02$8.64$0.94$0.92$0.02
2022Detailed filing. Detailed filing data is available for this year.$8.29$0.00$8.28$0.98$0.98$0.01
2021Detailed filing. Detailed filing data is available for this year.$9.71$0.07$9.64$1.10$0.90$0.20
2020Detailed filing. Detailed filing data is available for this year.$7.95$0.07$7.89$0.85$0.88$0.03
2019Detailed filing. Detailed filing data is available for this year.$7.81$0.01$7.80$1.99$1.03$0.97
2018Detailed filing. Detailed filing data is available for this year.$7.60$0.00$7.60$0.96$1.08$0.12
2017Detailed filing. Detailed filing data is available for this year.$7.42$0.00$7.42$0.86$0.99$0.13
2016Detailed filing. Detailed filing data is available for this year.$7.10$0.04$7.06$1.90$0.98$0.92
2015Detailed filing. Detailed filing data is available for this year.$7.51$0.05$7.46$0.98$0.94$0.04
2014Detailed filing. Detailed filing data is available for this year.$7.54$0.02$7.52$0.87$0.97$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.78$0.02$6.76$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.21$0.01$6.20$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.41$0.02$6.40$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$0.00$5.61$0.85