Oklahoma Single Parent Scholarship Program

Nonprofit profile at a glance

EIN
812851270
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-EZ 2023, Form 990-N 2018
Location
Oklahoma City, OK, USA
Phone
4052619644
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$294,040
Expenses
$226,979
Assets
$424,105
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • JULIE LECLERCQ (EXECUTIVE DIRECTOR)
  • JANE NELSON (PRESIDENT)
  • SUSAN CARNS CURTISS (PRESIDENT ELECT)

Highest reported compensation

  • JULIE LECLERCQ (EXECUTIVE DIRECTOR): $66,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provides financial support, scholarships, and encouragement to low-income single parents pursuing postsecondary education. By helping them stay in school and complete degrees, the program empowers families to achieve self-sufficiency, improve career opportunities, and break the cycle of poverty.

What it reported doing in 2025

Financial support is only the starting point. OSPSP goes far beyond traditional scholarships by delivering personalized, hands on support that changes outcomes. Every applicant is interviewed, and each recipient is paired with a dedicated volunteer mentor while being connected to community resources, workshops, and ongoing guidance throughout their journey. Through partnerships with colleges and community organizations, OSPSP reaches high need single parents, many of whom may not otherwise be aware of available support, and ensures access to critical services. This year, OSPSP supported 75 low income single parents pursuing postsecondary degrees and maintained an 85 persistence and completion rate, exceeding national benchmarks. Scholars benefit from flexible funding that addresses real time barriers such as childcare, rent, transportation, textbooks, and licensure costs, helping them stay enrolled and progress toward completion. At its core, OSPSP personalized, dignity centered approach empowers single parents to complete their education and transform their futures.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 67
  • Accountability: 84
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.7%; rating input score 66
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $23.59 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 76.9%; rating input score 77; 0th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 1.87; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 29.1%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 49.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 25.3% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 24.9% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 65.7% of revenue deployed · 85.1% of spending went to programs
  • Governance: 24 of 24 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $193K in reported program spending
  • Leadership: top reported pay $66K · 25 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 22 of 27 current checks pass · 5 findings to review
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2024 to 2025
  • 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.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 59/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX InformationTechnology column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX PayrollTaxes column sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 11/100.