Tulsa Community College Foundation

Nonprofit profile at a glance

EIN
237103807
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Tulsa, OK, USA
Phone
9185957977
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Community or Junior Colleges

Official website

Reported finances

Revenue
$4,198,894
Expenses
$4,682,755
Assets
$24,009,039
Liabilities
$115,913

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

Leadership & pay

45 people listed

Executive titles in this filing

  • KARI SHULTS (PRESIDENT)

People named in this filing

  • ELEANOR PAYNE (CHAIR (Thru 12/31/24)/PAST CHAIR (From 1/1/25))
  • JESSE GUARDIOLA (PAST CHAIR (Thru 12/31/24)/TRUSTEE (From 1/1/25))
  • SARAH HANSEL (VICE CHAIR (Thru 12/31/24)/CHAIR (From 1/1/25))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Tulsa community college foundation provides support to tulsa community college (tcc) and its mission by developing key relationships and financial resources.

What it reported doing in 2024

Tcc skills center: cyber skills center is a workforce certificate program. It provides a cyber boot camp with a 6-month accelerated training program for students to earn credentials in data analytics and cybersecurity.

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -11.5%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 5.13; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 89; 89th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 10.5% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.8% of spending went to programs
  • Governance: 39 of 39 board members independent · 7 of 7 filing controls reported
  • Programs: 6 filed program accomplishments · $4.3M in reported program spending
  • Leadership: top reported pay $0 · 45 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 3 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 — Sustainability: Operating margin scored 12/100.