Community Action Agency of Oklahoma City & Oklahoma/canadian Counties

Nonprofit profile at a glance

EIN
730753739
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Oklahoma City, OK, USA
Phone
4052320199
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$18,334,790
Expenses
$19,264,988
Assets
$6,603,708
Liabilities
$2,169,667

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

35 people listed

Executive titles in this filing

  • LARENE SHERWOOD (PRESIDENT)
  • JESSIE THOMPSON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JESSIE THOMPSON (EXECUTIVE DIRECTOR): $131,143 total reported compensation
  • CAROL BARNES (FISCAL SERVICES DIRECTOR): $58,807 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the self-sufficiency of the socially, economically, and culturally disadvantaged citizens of Oklahoma and canadian counties and to eliminate the paradox of poverty among these citizens by opening to everyone the opportunity to work; to live in decency, dignity, and worth; and to secure the opportunities needed to become fully self-sufficient.

What it reported doing in 2024

Community services- provides services to senior citizens, the homeless populace, and neighborhood needs to promote the self-sufficiency of individuals and our communities. Community service programs include: christmas assistance, graffiti removal, rx for Oklahoma, individual development accounts, volunteer income tax preparation and neighborhood activities. Senior transportation services- provide transportation services to senior citizens for congregate meals, senior companion services and other senior transportation needs. Emergency food & shelter- provides emergency services for food, utility assistance and rent assistance for low income individuals and families. Economic development- provides services leading to community economic enhancement and individual self-sufficiency through small business loan programs, small business workshops, techinical assistance, and money management training.

Operating model

Revenue model
Grant-funded. 94% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 89
  • Accountability: 100
  • Sustainability: 25
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.6%; rating input score 96
  • Program expense ratio: 90.9%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97.7%; rating input score 98; 28th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.1%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 1%; rating input score 86; 86th percentile among comparable filings

Growth

  • Program expense growth: -0.2% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: 0.1% per year; rating input score 100; 9th percentile among comparable filings
  • Asset growth: -0.7% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 95.6% of revenue deployed · 90.9% of spending went to programs
  • Governance: 27 of 27 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $17.5M in reported program spending
  • Leadership: top reported pay $131K · 35 people listed
  • Highest-paid contractors: 5 contractors listed · $858K reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.