Heart of Oklahoma Limousin Association Llc
Nonprofit profile at a glance
- EIN
- 272057770
- IRS 990-EZ coverage
- 2011–2015
- Forms available
- Form 990-EZ 2015
- Location
- Chandler, OK, USA
- Phone
- 4056507874
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Heart and Circulatory System Diseases, Disorders
Reported finances
- Revenue
- $1,200
- Expenses
- $2,861
- Assets
- $1,939
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- DONALD W HODDE (Vice President)
- JOHN HOLMAN (President)
People named in this filing
- CHAD MCREYNOLDS (Director)
- DONALD W HODDE (Vice President)
- CAROLYN HAMILTON (Treasurer)
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 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's purpose is to improve, promote, and develop the limousin breed of cattle. It is an organization where limousin breeders and promoters can join together for mutual assistance and to establish a better market for limousin cattle.the association will promote the limousin breed by sponsoring shows, sales and workshops pertinent to the industry. It works in conjunction with the north american limousin foundation and the Oklahoma limousin breeders association to promote the limousin breed.
What it reported doing in 2015
The organization holds regular meetings of breeders and promoters and promotes breed through advertising and donations.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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: 20
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.1%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -138.4%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -52.1% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 48.7% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: -5.3% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $2K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2011 to 2015
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 5/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.