Civic Intelligence

Friends of Oeta Inc

EIN 83-2527901 • 501(c)3 • Oklahoma City, OK

Profile

To raise funds and support the activities and programs of the oklahoma educational television authority by receiving, investing, managing, and expending non-state-appropriated funds and properties.

7403 North Kelley AvenueOklahoma City, OK 73111

www.oeta.tv/ABOUT/FRIENDS

Siviq Scores

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

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

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

Liabilities / Revenue

13th percentile

0.05x

Higher debt load relative to revenue than 13% of similar nonprofits.

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

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

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

Top Officer Pay

16th percentile

$175,687

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

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

Asset Growth

61st percentile

8.8%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

12th percentile

-16%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$62,898,484

Up $5,105,770 (+8.8%) from 2024

Liabilities

Up

$432,658

Up $82,794 (+24%) from 2024

Net Assets

Up

$62,465,826

Up $5,022,976 (+8.7%) from 2024

Operations
Liabilities / Revenue13th percentileNet Margin68th percentile

Revenue

Down

$8,304,135

Down $1,528,845 (-16%) from 2024

Expenses

Down

$7,208,672

Down $12,526 (-0.2%) from 2024

Net Income

Down

$1,095,463

Down $1,516,319 (-58%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$80M$60M$40M$20M$0Assets 2019: $41,059,605Liabilities 2019: $350,138Net Assets 2019: $40,709,4672019Assets 2020: $43,280,185Liabilities 2020: $709,649Net Assets 2020: $42,570,5362020Assets 2021: $52,803,812Liabilities 2021: $577,090Net Assets 2021: $52,226,7222021Assets 2022: $46,134,455Liabilities 2022: $234,335Net Assets 2022: $45,900,1202022Assets 2023: $51,089,930Liabilities 2023: $311,453Net Assets 2023: $50,778,4772023Assets 2024: $57,792,714Liabilities 2024: $349,864Net Assets 2024: $57,442,8502024Assets 2025: $62,898,484Liabilities 2025: $432,658Net Assets 2025: $62,465,8262025

Highlighted filing

2025

Assets$62,898,484
Liabilities$432,658
Net Assets$62,465,826
Open 2025 Filing

Operations Trend

Revenue Growth12th percentile

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

$60M$40M$20M$0Revenue 2019: $41,043,268Expenses 2019: $1,481,940Net Income 2019: $39,561,3282019Revenue 2020: $8,216,373Expenses 2020: $6,482,052Net Income 2020: $1,734,3212020Revenue 2021: $14,188,991Expenses 2021: $6,415,992Net Income 2021: $7,772,9992021Revenue 2022: $7,429,895Expenses 2022: $7,074,519Net Income 2022: $355,3762022Revenue 2023: $8,452,869Expenses 2023: $6,941,317Net Income 2023: $1,511,5522023Revenue 2024: $9,832,980Expenses 2024: $7,221,198Net Income 2024: $2,611,7822024Revenue 2025: $8,304,135Expenses 2025: $7,208,672Net Income 2025: $1,095,4632025

Highlighted filing

2025

Revenue$8,304,135
Expenses$7,208,672
Net Income$1,095,463
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$62,898,484
Liabilities
$432,658
Net assets
$62,465,826
Revenue
$8,304,135
Expenses
$7,208,672
Net income
$1,095,463
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$62.9$0.43$62.5$8.30$7.21$1.10
2024Detailed filing. Detailed filing data is available for this year.$57.8$0.35$57.4$9.83$7.22$2.61
2023Detailed filing. Detailed filing data is available for this year.$51.1$0.31$50.8$8.45$6.94$1.51
2022Detailed filing. Detailed filing data is available for this year.$46.1$0.23$45.9$7.43$7.07$0.36
2021Detailed filing. Detailed filing data is available for this year.$52.8$0.58$52.2$14.2$6.42$7.77
2020Detailed filing. Detailed filing data is available for this year.$43.3$0.71$42.6$8.22$6.48$1.73
2019Summary only. Only limited summary data is available for this year.$41.1$0.35$40.7$41.0$1.48$39.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 17, 2026
Return Version
2024v5.5
Gross Receipts
$8,753,593
Mission and Program Overview

Mission

To raise funds and support the activities and programs of the oklahoma educational television authority by receiving, investing, managing, and expending non-state-appropriated funds and properties.

To raise funds and support the activities and programs of the oklahoma educational television authority by receiving, investing, managing, and expending funds and properties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$46,371,985$51,575,152▲ $5,203,167
Savings and Temporary Cash Investments$8,123,220$8,149,781▲ $26,561
Land, Buildings, and Equipment, Net$2,594,796$2,510,109▼ $84,687
Pledges and Grants Receivable$511,213$404,154▼ $107,059
Prepaid Expenses and Deferred Charges$157,915$189,604▲ $31,689
Accounts Receivable$33,585$69,684▲ $36,099
Total Assets$57,792,714$62,898,484▲ $5,105,770
Liabilities
Accounts Payable and Accrued Expenses$194,351$322,825▲ $128,474
Deferred Revenue$155,513$109,833▼ $45,680
Total Liabilities$349,864$432,658▲ $82,794
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,947,570$59,954,294▲ $5,006,724
Net Assets With Donor Restrictions$2,495,280$2,511,532▲ $16,252
Total Net Assets Fund Balance$57,442,850$62,465,826▲ $5,022,976
Total Liabilities and Net Assets / Fund Balance$57,792,714$62,898,484▲ $5,105,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,950,109$628,354$2,578,463
Land$560,000-$560,000
Equipment$0$15,768$15,768
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Shawn BlackInterim Executive DirectorPT$113,449$113,449

Board Members and Trustees

NameTitle
Garrett KingPresident
Jennifer EveVice President
Andrew HarrisDirector
Deena FisherDirector
Glen Johnson JrDirector
Harold WrightDirector
Jonna KirschnerDirector
Kenneth BusbyDirector
Lisa Monsour MasonDirector
Philip Busey JrDirector
Randy BeutlerDirector
Robert SpinksDirector
Seth PaxtonDirector
Suzanne LairDirector
Polly AndersonFormer Executive Director
Sharon NeuwaldSecretary
Ken FergesonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Allegiance Fundraising LLCFundraising ServicesPO BOX 9132, Fargo, ND 58106$624,434
OetaAdministrative Serv.7403 N KELLEY AVE, Oklahoma City, OK 73111$598,688
Broadstream Solutions INCElectronic Merch.3039 PREMIERE PKWY STE 800, Duluth, GA 30097$209,044
OnenetFiber ServicesPO BOX 108800, Oklahoma City, OK 73101$179,416
American Public TelevisionBroadcast Licensing55 SUMMER ST 4TH FLOOR, Boston, MA 02110$147,892
Revenue and Support

Revenue Composition

Contributions and Grants
$6,509,174
Program Service Revenue
$0
Investment Income
$1,723,321
Other Revenue
$71,640
All Other Contributions
$6,509,174
Change in Net Assets
$1,095,463

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,158,281
Revenue Not Reported on Financial Statements
$145,854
Revenue Not Reported on Form 990
$4,159,243
Other Revenue Adjustments
$145,854
Total Revenue per Audited Statements
$12,317,524
Total Revenue per Form 990
$8,304,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,493,343
Total Fundraising Expense$1,405,913
Professional Fundraising Fees$1,289,834
Other Expenses$425,495
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,493,343--$5,493,343
Fees for Services Professional Fundraising--$1,289,834$1,289,834
Fees for Service Investment Mgmnt Fees-$145,854-$145,854
Advertising--$116,079$116,079
Depreciation Depletion-$84,687-$84,687
Other Expenses-$56,950-$56,950
Office Expenses-$12,854-$12,854
Fees for Services Legal-$9,071-$9,071
Total Functional Expenses$5,493,343$309,416$1,405,913$7,208,672

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,294,548
Total Expenses per Form 990$7,208,672
Expenses per Audited Statements$7,062,818
Expenses Not Reported on Form 990$231,730
Expenses Not Reported on Financial Statements$145,854
Other Expense Adjustments$145,854
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
OetaOklahoma City, OKGovt EntityFinancial Support$5,493,343
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,289,834
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Friends of oeta is a supporting organization of oeta. Friends of oeta does not have any employees, and is operated by oeta personnel, with oeta's executive director, polly anderson (and subsequently shawn black), also named as the executive director of friends of oeta. Polly anderson's (and subsequently shawn black's) compensation listed in part vii is her complete compensation as paid by oeta. Friends of oeta reimburses oeta for the use of oeta personnel, which is reported in part ix on line 11a as management fees.”

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

“The form 990 is provided to the board for their review and comment prior to filing the 990.”

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

“All members are required to disclose any actual or possible conflicts of interest. Once the board determines if a conflict of interest exists, directors with a conflict of interest may be counted for purposes of determining a quorum, but may not participate in discussion and voting on a matter in which they have a conflict of interest.”

Form 990, Part VI, Section C, Line 19

“Upon written request directly to the executive director of the organization, the governing documents are made available to the public for examination at the offices of the organization, at a scheduled time during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Friends of Oeta Inc
EIN
83-2527901
Phone
4058488501
Address
7403 NORTH KELLEY AVENUE, OKLAHOMA CITY, OK 73111

Signing Officer

Name
Shawn Black
Title
Executive Director
Phone
4058488501
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Black
Formed
2018
Legal Domicile
Ok
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
0

Preparer

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

Financial Statement Notes

PART X, LINE 2:

“The organization evaluates and accounts for its uncertain tax positions, if any, in accordance with asc topic 740, "income taxes", including the organization's tax position as a tax-exempt not-for-profit entity. Through the organization'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 organization to record a liability for the uncertain tax positions in its financial statements.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Investment mgmt fees netted with investment income 145,854.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Investment mgmt fees netted with investment income 145,854.”

Raw XML AppendixShowing 400 of 711 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/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16INTERIM EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17FORMER EXECUTIVE DIRECTOR
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