Oklahoma Roofing Contractor Association Inc
Nonprofit profile at a glance
- EIN
- 730749357
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Oklahoma City, OK, USA
- Phone
- 4054213533
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $230,028
- Expenses
- $245,674
- Assets
- $137,110
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- MATT MORGAN (PRESIDENT)
Highest reported compensation
- AVERY SMITH (EXECUTIVE DI): $86,250 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 unite those engaged in the roofing industry in Oklahoma for the purpose of exerting a beneficial influence upon the industry.
What it reported doing in 2024
To unite those engaged in the roofing industry in Oklahoma for the purpose of exerting a beneficial influence upon the industry. To bring dignity and respect to the roofing industry in Oklahoma. To build consumer confidence and safeguard the public welfare through the adherence to the association's "code of ethics." to obtain and make available to its members pertinent information relative to the industry for each member's beneficial use. To make, enter into, carry out, and enforce any contract, agreement, or transaction which the board of directors believes to be in the best interest and for the benefit of its members, and to perform and/or engage in such other things that will promote and safeguard the interests of the roofing industry in the state of Oklahoma. To foster constructive and progressive legislation, especially as it may affect roofing contractors, suppliers, related trades and other services involved in the roofing industry in the state of Oklahoma. To promote confidence, respect and good fellowship among all who are directly or indirectly engaged in the Oklahoma roofing industry.
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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 83
- Accountability: 63
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.8%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 35.1%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 0.9% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 2.2% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 469 of 15 board members independent · 1 of 8 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $86K · 18 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- 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.
- High — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Operating margin scored 26/100.
- Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Officer compensation ratio scored 8/100.