Booker T Washington Foundation
Nonprofit profile at a glance
- EIN
- 731422057
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Tulsa, OK, USA
- Phone
- 9189251000
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $232,332
- Expenses
- $319,748
- Assets
- $1,213,125
- Liabilities
- $24,909
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- LISA CLARK (PRESIDENT)
- BRAD BENDURE (PRESIDENT-ELECT)
People named in this filing
- LISA CLARK (PRESIDENT)
- BRAD BENDURE (PRESIDENT-ELECT)
- JILL NERIO (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
It is to enhance all aspects of academic endeavors for the students, faculty, and administration at booker t Washington high school in tulsa Oklahoma
What it reported doing in 2024
In the twelve months ending june 30, 2025 the board awarded $102,404. In grants. In addition to the grants, the foundation also supports act/sat preparation reports and school supplies for all teachers. The foundation has two major fund reasing events throughout the year. In the fall we host the fall fundraiser which is primarily a letter writing campaign in which past donors, alumni, friends of the foundation, and local institutions are asked for donations. In addition to the letter writing campaign, an appeal is made at the annual home-coming football game. In the twelve months ending june 30, 2025, the fall fundraiser netted $34,295. The other major fundraiser, gospel, grits and gershwin, is held in the spring. Funds were raised by sale of tickets, the auction of donated items and calls for donations. In the twelve months ending june 30, 2025, ggg netted $112,392. Additionally, the foundation supported other programs that were not covered by others.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Accountability: 94
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 84.1%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -37.6%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 3.79; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 84.1% of spending went to programs
- Governance: 28 of 28 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $269K in reported program spending
- Leadership: top reported pay $0 · 31 people listed
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 7/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.