The Dr Martin Luther King Jr Commemoration Society
Nonprofit profile at a glance
- EIN
- 912077743
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Tulsa, OK, USA
- Phone
- 9185205301
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Commemorative Events
Reported finances
- Revenue
- $66,564
- Expenses
- $70,567
- Assets
- $89,670
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- PLEAS THOMPSON (PRESIDENT)
- TARA TUMEY (VICE PRESIDENT)
People named in this filing
- PLEAS THOMPSON (PRESIDENT)
- TARA TUMEY (VICE PRESIDENT)
- ANGELA BURNETT (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Preserve dr martin luther king jr's legacy
What it reported doing in 2024
An annual parade is held on national preserved day honoring dr.king s birthday. The purpose of holdng an annual parade is to celebrate dr.king and share his teachings.
Operating model
- Revenue model
- Donor-supported. 84% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45%; rating input score 45
- Program expense ratio: 42.4%; rating input score 42
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 1.27; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 5.8% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 7.5% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 45% of revenue deployed · 42.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $30K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 45/100.
- Moderate — Financial Efficiency: Program expense ratio scored 42/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.