Oklahoma Championship Steak Cook-off Inc

Nonprofit profile at a glance

EIN
800453545
IRS 990-EZ coverage
2011–2012
Forms available
Form 990-EZ 2012
Location
Tulsa, OK, USA
Phone
5132633522
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$21,829
Expenses
$15,049
Assets
$9,625

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

9 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The sole purpose of the Oklahoma championship steak cook-off, inc.is to raise funds for charities that service the needy of tulsa, Oklahoma. Groups may apply at any time for funds and those funds as administered by the Oklahoma championship steak cook-off board of directors.

What it reported doing in 2012

The Oklahoma championship steak cook-off is our primary activity. Steak dinners were sold to over 2,000 people. Over 3,000 people attended as spectators of the cook-off.

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
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 31.1%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 29.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: -60.6% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 108.7% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $73K in reported program spending
  • Leadership: top reported pay $4K · 9 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2011 to 2012
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.