Civic Intelligence

Oklahoma Educational Memorial Trust Foundation

990 • Fiscal year 2020 • EIN 73-6097975

Jul 01, 2019 to Jun 30, 2020 • Filed on May 16, 2021

2200 S Utica 150Tulsa, OK 74114

(918) 599-0045

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

3rd percentile

-120%

Higher net margin than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

47th percentile

4.5%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-85%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,486,343

Up $107,510 (+4.5%) from 2019

Net Assets

Up

$2,486,343

Up $107,510 (+4.5%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$38,673

Down $216,866 (-85%) from 2019

Expenses

Down

$84,969

Down $15,935 (-16%) from 2019

Net Income

Down

-$46,296

Down $200,931 (-130%) 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 2011: $1,563,471Liabilities 2011: $0Net Assets 2011: $1,563,4712011Assets 2012: $1,633,672Liabilities 2012: $0Net Assets 2012: $1,633,6722012Assets 2013: $1,725,418Liabilities 2013: $0Net Assets 2013: $1,725,4182013Assets 2014: $2,026,232Liabilities 2014: $0Net Assets 2014: $2,026,2322014Assets 2015: $1,992,959Liabilities 2015: $0Net Assets 2015: $1,992,9592015Assets 2016: $1,960,818Liabilities 2016: $0Net Assets 2016: $1,960,8182016Assets 2017: $2,088,869Liabilities 2017: $0Net Assets 2017: $2,088,8692017Assets 2018: $2,173,774Liabilities 2018: $0Net Assets 2018: $2,173,7742018Assets 2019: $2,378,833Liabilities 2019: $0Net Assets 2019: $2,378,8332019Assets 2020: $2,486,343Liabilities 2020: $0Net Assets 2020: $2,486,3432020Assets 2021: $10,879,262Liabilities 2021: $0Net Assets 2021: $10,879,2622021Assets 2022: $10,207,926Liabilities 2022: $0Net Assets 2022: $10,207,9262022Assets 2023: $11,034,761Liabilities 2023: $0Net Assets 2023: $11,034,7612023Assets 2024: $12,636,066Liabilities 2024: $0Net Assets 2024: $12,636,0662024Assets 2025: $14,620,917Liabilities 2025: $0Net Assets 2025: $14,620,9172025

Highlighted filing

2020

Assets$2,486,343
Liabilities$0
Net Assets$2,486,343

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $144,4022011Expenses 2012: $85,3362012Revenue 2013: $75,656Expenses 2013: $160,782Net Income 2013: -$85,1262013Revenue 2014: $234,133Expenses 2014: $21,258Net Income 2014: $212,8752014Revenue 2015: $140,757Expenses 2015: $79,232Net Income 2015: $61,5252015Revenue 2016: $33,089Expenses 2016: $77,380Net Income 2016: -$44,2912016Revenue 2017: $126,956Expenses 2017: $82,130Net Income 2017: $44,8262017Revenue 2018: $155,755Expenses 2018: $86,242Net Income 2018: $69,5132018Revenue 2019: $255,539Expenses 2019: $100,904Net Income 2019: $154,6352019Revenue 2020: $38,673Expenses 2020: $84,969Net Income 2020: -$46,2962020Revenue 2021: $6,857,683Expenses 2021: $136,095Net Income 2021: $6,721,5882021Revenue 2022: $800,238Expenses 2022: $200,269Net Income 2022: $599,9692022Revenue 2023: $138,693Expenses 2023: $254,875Net Income 2023: -$116,1822023Revenue 2024: $592,340Expenses 2024: $313,091Net Income 2024: $279,2492024Revenue 2025: $1,545,772Expenses 2025: $429,214Net Income 2025: $1,116,5582025

Highlighted filing

2020

Revenue$38,673
Expenses$84,969
Net Income-$46,296
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 16, 2021
Return Version
2019v5.2
Gross Receipts
$1,191,054
Mission and Program Overview

Mission

Providing, maintaining and issuing scholarships to eligible nominees or applicants for admission to college or for contributions to regularly maintained scholarship funds of other federal tax exempt colleges and universities with an emphasis on graduates of tulsa, ok public schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,179,987$2,443,979▲ $263,992
Cap Stk Tr Prin Current Funds$2,173,774$2,378,832▲ $205,058
Rtn Earn Endowment Incm Other Fnds$205,059$107,511▼ $97,548
Cash and Non-Interest-Bearing Accounts$198,846$42,364▼ $156,482
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$2,378,833$2,486,343▲ $107,510
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,378,833$2,486,343▲ $107,510
Total Liabilities and Net Assets / Fund Balance$2,378,833$2,486,343▲ $107,510
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$45,451
Program Service Revenue
$0
Investment Income
$-6,778
Other Revenue
$0
All Other Contributions
$45,451
Change in Net Assets
$-46,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$65,981
Other Expenses$18,988
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$65,981--$65,981
Fees for Service Investment Mgmnt Fees-$14,724-$14,724
Other Expenses-$423-$423
All Other Expenses-$301-$301
Total Functional Expenses$65,981$18,988$0$84,969
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Tulsa Community CollegeTulsa, OK-Scholarship Grants$21,850
University of TulsaTulsa, OK-Scholarship Grants$8,250
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
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
No

Governance Explanations

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

Both the trustee and the board review all underlying monetary and factual information prior to the irs form 990 being filed.

Form 990, Part VI, Section C, Line 19

Copies of the tax returns are available to the public through several internet websites such as guidestar and upon written request. Capital advisors maintains a close and continuous working relationship with the trustees and other officers of the organization. The governing documents are not available to the general public, but have been given and are available to all interested parties such as beneficiaries, trustees, executors, etc. The organization does have a public conflict of interest policy in addition to those limitations imposed in the governing documents and state law of trustee powers are strictly followed. Financial statements and the tax return are sent to the board of trustees and officers for review and comment.

Filing and Contact Details

Filer

Filer Name
Oklahoma Educational Memorial Trust Fdn
EIN
73-6097975
Phone
9185990045
Address
2200 S UTICA 150, TULSA, OK 74114

Signing Officer

Name
Rick Arrington
Title
President
Phone
9186312000
Signed
2021-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Arrington
Formed
1958
Legal Domicile
Ok
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Jay & Associates Pc
Address
4312 E 51ST STREET, TULSA, OK 74135
Preparer
S Neil Jay Cpaabv
Phone
9184920106
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IRS990ScheduleA/SupportedOrganizationsTotalCnt023
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0736097060
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1730739626
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2730957262
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3237103807
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4736108032
IRS990ScheduleA/SupportedOrgInformationGrp/EIN5736091755
IRS990ScheduleA/SupportedOrgInformationGrp/EIN6731252777
IRS990ScheduleA/SupportedOrgInformationGrp/EIN7113815948
IRS990ScheduleA/SupportedOrgInformationGrp/EIN8731209617
IRS990ScheduleA/SupportedOrgInformationGrp/EIN9530204707
IRS990ScheduleA/SupportedOrgInformationGrp/EIN10237067600
IRS990ScheduleA/SupportedOrgInformationGrp/EIN11950549600
IRS990ScheduleA/SupportedOrgInformationGrp/EIN12951643992
IRS990ScheduleA/SupportedOrgInformationGrp/EIN13472654761
IRS990ScheduleA/SupportedOrgInformationGrp/EIN14481039652
IRS990ScheduleA/SupportedOrgInformationGrp/EIN15730579265
IRS990ScheduleA/SupportedOrgInformationGrp/EIN16590637903
IRS990ScheduleA/SupportedOrgInformationGrp/EIN17371785782
IRS990ScheduleA/SupportedOrgInformationGrp/EIN18736021242
IRS990ScheduleA/SupportedOrgInformationGrp/EIN19716056774
IRS990ScheduleA/SupportedOrgInformationGrp/EIN20480577656
IRS990ScheduleA/SupportedOrgInformationGrp/EIN21486121167
IRS990ScheduleA/SupportedOrgInformationGrp/EIN22954373622
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd20
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd30
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd40
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd50
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd60
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd70
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd80
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd90
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd100
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd110
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd120
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd130
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd140
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd150
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd160
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd170
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd180
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd190
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd200
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd210
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd220
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd16
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd26
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd36
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd46
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd56
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd66
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd76
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd86
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd96
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd106
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd116
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd126
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd136
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd146
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd156
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd166
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd176
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd186
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd196
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd206
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd216
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd226
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt70
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt80
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt90
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt100
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt110
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt120
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt130
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt140
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt150
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt160
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt170
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt180
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt190
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt200
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt210
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt220
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt04800
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt11750
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt22500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt321850
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt41000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt54316
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt68250
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt71000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt81250
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt91500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt101500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt111000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt121500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt131000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt142500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt151500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt162000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt171500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt18765
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt191000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt201000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt211000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt221500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0OKLAHOMA STATE UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1ORAL ROBERTS UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2ROGERS STATE UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3TULSA COMMUNITY COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4UNIVERSITY OF CENTRAL OKLAHOMA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5UNIVERSITY OF OKLAHOMA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6UNIVERSITY OF TULSA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7LANGSTON UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt8NORTHEASTERN OKLAHOMA A&M COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt9HOWARD UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt10ALABAMA A&M UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt11BIOLA UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt12CHAPMAN UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt13CLARY SAGE COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt14COFFEYVILLE COMMUNITY COLLEGE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.00$14.6$1.55$0.43$1.12
2024Detailed filing. Detailed filing data is available for this year.$12.6$0.00$12.6$0.59$0.31$0.28
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.00$11.0$0.14$0.25$0.12
2022Detailed filing. Detailed filing data is available for this year.$10.2$0.00$10.2$0.80$0.20$0.60
2021Detailed filing. Detailed filing data is available for this year.$10.9$0.00$10.9$6.86$0.14$6.72
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.04$0.08$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$0.26$0.10$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.16$0.09$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.13$0.08$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$0.03$0.08$0.04
2015Summary only. Only limited summary data is available for this year.$1.99$0.00$1.99$0.14$0.08$0.06
2014Summary only. Only limited summary data is available for this year.$2.03$0.00$2.03$0.23$0.02$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.00$1.73$0.08$0.16$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.00$1.56$0.14