Central Oklahoma Economic Development District
Nonprofit profile at a glance
- EIN
- 730760453
- IRS 990 coverage
- 2014–2023
- Forms available
- Form 990 2023
- Location
- Shawnee, OK, USA
- Phone
- 4052736410
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Rural Economic Development
Reported finances
- Revenue
- $5,906,012
- Expenses
- $5,836,346
- Assets
- $6,793,472
- Liabilities
- $3,231,187
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
33 people listed
People named in this filing
- COAL DILDAY (member)
- JOHN MASSAD (member)
- WILL FINE (member)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Economic development in the following 7 counties Hughes, Lincoln, Okfuskee, Pawnee, Payne, Pottawatomie and Seminole
What it reported doing in 2023
Oklahoma Department of Human Services - Area Agency on Aging - Sub-grants to nonprofit entities for senior nutrition programs and legal aid
Operating model
- Revenue model
- Grant-funded. 94% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 86
- Accountability: 82
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95%; rating input score 95
- Program expense ratio: 96.2%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 95%; rating input score 95; 30th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th 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 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 92; 92nd percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 95% of revenue deployed · 96.2% of spending went to programs
- Governance: 33 of 33 board members independent · 4 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $5.6M in reported program spending
- Leadership: top reported pay $0 · 33 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 10 filing years from 2014 to 2023
- Contacts: How to reach this organization
- Money network: 59 filed money-flow records
- Related organizations: 59 filed related-organization links
- 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.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 40/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 23/100.