Oklahoma State Union of the Farmers Edu- Cational & Cooperative Union of America
Nonprofit profile at a glance
- EIN
- 730235820
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Oklahoma City, OK, USA
- Phone
- 4052185400
- Rating confidence
- Limited
Reported finances
- Revenue
- $4,724,360
- Expenses
- $3,232,970
- Assets
- $2,355,709
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Scott Blubaugh (President)
- Thomas Wallace (Vice President as of Feb 2024)
Highest reported compensation
- Scott Blubaugh (President): $202,248 total reported compensation
- Paul Jackson (Secretary): $140,949 total reported compensation
- Thomas Wallace (Vice President as of Feb 2024): $44,076 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Develop and administer agricultural education programs for youth and adults.
What it reported doing in 2024
The organization works with several state and local affiliates to provide scholarships to students:-As part of the education function, the organization awards scholarships to top state speech winners. The students first compete in one of the five district contests with approximately 800 students participating around the state. The top three speakers in each category at districts and state are awarded trophies as well. -State scholarships are given to top students based on their involvement within the youth program and cooperative as a whole, such as the leadership summit.-Scholarships are given for livestock grading and handling and safety working the chute through the Midwest and Tulsa farm shows. -State matching scholarships with county and local affiliates are given based on a scholarship application process. An agriculture-based statewide poster contest for first through fourth graders, is conducted with the top three in each division awarded scholarships and the top 100 honored at the annual convention.-Funding scholarship through sponsorship of statewide livestock judging contest to teach best animal selections. Funds are also donated to top judges of the National Land Judging Contest based here in Oklahoma.
Operating model
- Revenue model
- Earned-program. 100% 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 66
- Accountability: 85
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 98.6%; rating input score 99; 35th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 13th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 31.6%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 0.73; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 12.8%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 7.3% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $202K · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 4 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Officer compensation ratio scored 23/100.