Oklahoma Fraternal Order of Police Legal Defense Plan Inc

Nonprofit profile at a glance

EIN
921917760
IRS 990 coverage
2023–2024
Forms available
Form 990 2024
Location
Edmond, OK, USA
Phone
4059906382
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fraternal Societies

Reported finances

Revenue
$810,917
Expenses
$626,767
Assets
$499,115
Liabilities
$124

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

Leadership & pay

5 people listed

Highest reported compensation

  • Chris Cook (Executive Dir.): $15,600 total reported compensation
  • Corey Boyd (Treasurer): $9,600 total reported compensation
  • John Weber (Chairman): $7,800 total reported compensation

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

Overview

Mission

The Oklahoma Fraternal Order of Police Legal Defense Plan, Inc. is organized and shall be operated exclusively for exempt purposes within the meaning of Section 501 c8 of the Internal Revenue Code, as amended or corresponding provisions of any future United States internal revenue law, and to provide for the payment of exempt legal defense expenses incurred by members of the subordinate lodges of the Oklahoma Fraternal Order of Police, an Oklahoma nonprofit corporation described in Code Section 501 c8. The Oklahoma Fraternal Order of Police Legal Defense Plan, Inc. is designated as a non-profit corporation. The corporation shall not carry on any other activities not permitted to be carried on by any organization exempt from federal income tax under Section 501c8 of the Internal Revenue Code or corresponding section of any future federal tax code. The property of the corporation is irrevocably dedicated to its exempt purpose under Section 501 c8 of the Internal Revenue Code.

What it reported doing in 2024

To provide for the payment of exempt legal defense expenses incurred by members of the subordinate lodges of the Oklahoma Fraternal Order of Police.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 81
  • Accountability: 0
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.2%; rating input score 69
  • Program expense ratio: 89.6%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
  • Governance controls: 0 of 9 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22.7%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 5.3%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 57.8% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 18.4% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 45.3% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 69.2% of revenue deployed · 89.6% of spending went to programs
  • Governance: 0 of 5 board members independent · 0 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $16K · 5 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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 — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 7 of 7 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.