Craft Brewers Association of Oklahoma

Nonprofit profile at a glance

EIN
474952532
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2021, Form 990-EZ 2024, Form 990-N 2017
Location
Oklahoma City, OK, USA
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$106,083
Expenses
$157,728
Assets
$16,667
Liabilities
$100,948

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Lacy Richards (President)
  • Nicholas Williams (Vice President)

People named in this filing

  • Amber Hinkle (Executive Dir.)
  • Lacy Richards (President)
  • Nicholas Williams (Vice President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To strengthen and unify the Oklahoma brewing industry. CBAO is dedicated to education and creating awareness among legislators, regulators and the general public of the issues facing the craft brewing industry in Oklahoma.

What it reported doing in 2024

Craft Brewers Association of Oklahoma hosted a monthly Board of Directors and membership meeting on the 3rd Tuesday of each month. The meetings were available through Zoom. The board meetings allowed CBAO business to be discussed and also allowed an opportunity for members to network, gain insight into lobbying efforts, ask questions about specific issues at their tap rooms and gain insight into the industry with updates from the National Brewers Association. Anywhere between ten to twenty brewery members attended the monthly meetings.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 6
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 84.9%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -48.7%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 6.06; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 25.8%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -8.7% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: -18.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -39.2% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 84.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $134K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.