Oklahoma Educational Memorial Trust Foundation
EIN: 736097975 · Tulsa, OK · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $5.0M |
| Total Expenses | $255K |
| Net Assets | $11.0M |
Is Oklahoma Educational Memorial Trust Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oklahoma Educational Memorial Trust Foundation
Oklahoma Educational Memorial Trust Foundation (EIN: 736097975) is a nonprofit organization based in Tulsa, OK, classified under NTEE code B82Z. The organization reported total revenue of $5.0M and total assets of $14.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Educational Memorial Trust Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Educational Memorial Trust Foundation is a mid-size nonprofit that has been operating for 65 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $255K |
| Surplus / Deficit | $-116,182 |
| Total Assets | $11.0M |
| Net Assets | $11.0M |
| Operating Margin | -83.8% |
| Months of Reserves | 519.5 months |
Financial Health Grade: B
In 2023, Oklahoma Educational Memorial Trust Foundation reported a deficit of $116K with expenses exceeding revenue, holds 519.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Oklahoma Educational Memorial Trust Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.7% | +27.3% | +8.1% |
| 2022 | -88.3% | +47.2% | -6.2% |
| 2021 | +17632.5% | +60.2% | +337.6% |
| 2020 | -84.9% | -15.8% | +4.5% |
| 2019 | +64.1% | +17.0% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oklahoma Educational Memorial Trust Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oklahoma Educational Memorial Trust Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $116K, with expenses exceeding revenue.
Frequently Asked Questions about Oklahoma Educational Memorial Trust Foundation
Is Oklahoma Educational Memorial Trust Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oklahoma Educational Memorial Trust Foundation (EIN: 736097975) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oklahoma Educational Memorial Trust Foundation spend its money?
Detailed spending breakdown data is not yet available for Oklahoma Educational Memorial Trust Foundation. Check back for updated IRS 990 analysis.
Are donations to Oklahoma Educational Memorial Trust Foundation tax-deductible?
Oklahoma Educational Memorial Trust Foundation is registered as a tax-exempt nonprofit (EIN: 736097975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oklahoma Educational Memorial Trust Foundation located?
Oklahoma Educational Memorial Trust Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 736097975. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Oklahoma Educational Memorial Trust Foundation have?
Oklahoma Educational Memorial Trust Foundation has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.0M in total revenue.
Filing History
IRS 990 filing history for Oklahoma Educational Memorial Trust Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Oklahoma Educational Memorial Trust Foundation's revenue has declined by 10.8%, moving from $156K to $139K. Total assets increased by 575.5% over the same period, from $1.6M to $11.0M. Total functional expenses rose by 198.7%, from $85K to $255K. In its most recent filing year (2023), Oklahoma Educational Memorial Trust Foundation reported a deficit of $116K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $255K | $11.0M | $0 | — | — |
| 2022 | $800K | $200K | $10.2M | $0 | — | View 990 |
| 2021 | $6.9M | $136K | $10.9M | $0 | — | — |
| 2020 | $39K | $85K | $2.5M | $0 | — | View 990 |
| 2019 | $256K | $101K | $2.4M | $0 | — | — |
| 2018 | $156K | $86K | $2.2M | $0 | — | View 990 |
| 2017 | $127K | $82K | $2.1M | $0 | — | View 990 |
| 2016 | $33K | $77K | $2.0M | $0 | — | View 990 |
| 2015 | $141K | $79K | $2.0M | $0 | — | View 990 |
| 2014 | $234K | $21K | $2.0M | $0 | — | View 990 |
| 2013 | $76K | $161K | $1.7M | $0 | — | View 990 |
| 2012 | $156K | $85K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $255K, and assets of $11.0M (revenue -82.7% year-over-year).
- 2022: Revenue of $800K, expenses of $200K, and assets of $10.2M (revenue -88.3% year-over-year).
- 2021: Revenue of $6.9M, expenses of $136K, and assets of $10.9M (revenue +17632.5% year-over-year).
- 2020: Revenue of $39K, expenses of $85K, and assets of $2.5M (revenue -84.9% year-over-year).
- 2019: Revenue of $256K, expenses of $101K, and assets of $2.4M (revenue +64.1% year-over-year).
- 2018: Revenue of $156K, expenses of $86K, and assets of $2.2M (revenue +22.7% year-over-year).
- 2017: Revenue of $127K, expenses of $82K, and assets of $2.1M (revenue +283.7% year-over-year).
- 2016: Revenue of $33K, expenses of $77K, and assets of $2.0M (revenue -76.5% year-over-year).
- 2015: Revenue of $141K, expenses of $79K, and assets of $2.0M (revenue -39.9% year-over-year).
- 2014: Revenue of $234K, expenses of $21K, and assets of $2.0M (revenue +209.5% year-over-year).
- 2013: Revenue of $76K, expenses of $161K, and assets of $1.7M (revenue -51.4% year-over-year).
- 2012: Revenue of $156K, expenses of $85K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Educational Memorial Trust Foundation:
Data Sources and Methodology
This transparency report for Oklahoma Educational Memorial Trust Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.