Bartlesville Public Schools Foundation

What it reported doing in 2024

District initiatives - the foundation works closely with the bartlesville public schools district to make sure our funding priorities continue to align with the district's priorities. To that end, we occasionally provide seed money to get new programs up and running in the district or provide funding for a temporary need. These initiatives are outside of the foundation's core programs. Our top-funded "district initiatives" this year include: funds to expand the aviation program at the high school, purchasing flight simulators for students and classroom upgrades. Innovative programs (this year our board decided to use these funds to support the implementation of a character and leadership development program for students called leader in me. It is modeled after stephen covey's 7 habits of highly effective people. Ranch heights playground improvements - with the expansion of ranch heights elementary school, our district needed some funding to improve and expand its playground. School safety (school resource officer training and salaries): school safety is one of our school district's top priorities. Over the past few years, our schools have invested in additional school resource officers and safety equipment. The bartlesville public schools now have a school resource officer assigned to each of its school sites. They are fully trained police officers. The bps foundation has partnered with community members and local businesses to provide support for school resource officers including training (attending national and state level school resource officer conferences) and safety equipment prioritized by the bartlesville public schools director of health and safety. This program has been incredibly well received by our school staff and administrators and by our community. We continue to pass 100% of funds raised through this program on to support school safety and the specific needs our schools prioritize.

Financial Efficiency

• Mission deployment rate: 75.3%; rating input score 75
• Program expense ratio: 75.4%; rating input score 75
• Fundraising efficiency: $271.93 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 4 of 7 controls in place; rating input score 57
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 1.2%; rating input score 42; 42nd percentile among comparable filings
• Total-asset coverage ratio: 1.06; rating input score 42; 42nd percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 56.5% per year; rating input score 100; 96th percentile among comparable filings
• Revenue growth: 19.3% per year; rating input score 100; 87th percentile among comparable filings
• Asset growth: 29.6% per year; rating input score 100; 91st percentile among comparable filings