Tulsa Press Club Foundation Inc
Nonprofit profile at a glance
- EIN
- 260796460
- IRS 990 coverage
- 2010–2022
- Forms available
- Form 990 2022
- Location
- Tulsa, OK, USA
- Phone
- 9185837737
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $18,653
- Expenses
- $16,010
- Assets
- $36,241
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- LINDSEY ELLERBACH (BOARD MEMBER)
- ANNE BROCKMAN (BOARD MEMBER)
- ANN HARRISON (Treasurer)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organized exclusively for charitable and educational purposes, specifically for the sole benefit of Tulsa Press Club Benevolent Association, Inc. to aid in carrying out the mission to promote the highest standards of journalism and to encourage the pursuit of journalism careers among students through the granting of scholarships and awards.
What it reported doing in 2022
Awarded scholarships for winners of a jounalism contest.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 20
- Transparency & Controls: 80
- Accountability: 76
- Sustainability: 59
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.5%; rating input score 21
- Program expense ratio: 25%; rating input score 25
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 8th 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; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.2%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 2.26; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 70; 70th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: -1.3% per year; rating input score 0; 50th percentile among comparable filings
- Revenue growth: -10.7% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 16.9% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 21.5% of revenue deployed · 25% of spending went to programs
- Governance: 4 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2010 to 2022
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.