Oklahoma Education Association
- Assets
- $8.2m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 49
- Location
- Oklahoma City, OK
- Founding
- 10/1938
- Data as of
- 08/2021
- EIN
- 73-0384310
Organization Overview
Oklahoma Education Association is located in Oklahoma City, OK. The organization was established in 1938. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 08/2021, Oklahoma Education Association employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Education Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2021, Oklahoma Education Association generated $7.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $6.5m during the year ending 08/2021. While expenses have increased by 0.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF EDUCATION IN OKLAHOMA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF EDUCATION IN OKLAHOMA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Keith Past Exec Di | Officer | 55 | $152,886 |
Alicia Priest Past Preside | Officer | 55 | $112,387 |
Katherine Bishop President | Officer | 55 | $78,283 |
Carolyn Crowder Executive Di | Officer | 55 | $0 |
Cari Elledge Vice Preside | Officer | 55 | $0 |
Brittany Arnold Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,827,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,827,851 |
| Total Program Service Revenue | $4,705,301 |
| Investment income | $314,521 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,151,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $496,519 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,459,757 |
| Pension plan accruals and contributions | $713,882 |
| Other employee benefits | $693,686 |
| Payroll taxes | $231,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $376,154 |
| Advertising and promotion | $0 |
| Office expenses | $47,273 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $188,001 |
| Travel | $125,406 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $135,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $187,964 |
| Insurance | $87,563 |
| All other expenses | $125,327 |
| Total functional expenses | $6,513,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $934,327 |
| Savings and temporary cash investments | $52,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $319,634 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $37,602 |
| Net Land, buildings, and equipment | $1,221,428 |
| Investments—publicly traded securities | $5,638,154 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,900 |
| Total assets | $8,207,045 |
| Accounts payable and accrued expenses | $557,161 |
| Grants payable | $0 |
| Deferred revenue | $9,233 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,875,375 |
| Total liabilities | $4,441,769 |
| Net assets without donor restrictions | $2,013,414 |
| Net assets with donor restrictions | $1,751,862 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,207,045 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oklahoma Education Association has recieved totaling $1,360,351.
| Awarding Organization | Amount |
|---|---|
National Education Association Of The United States Washington, DC PURPOSE: FINANCIAL ASSISTANCE | $1,360,351 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Board Of Obstetrics And Gynecology Inc Dallas, TX | $79,504,335 | $23,118,641 |
Communities In Schools Of Central Texas Austin, TX | $11,661,936 | $18,363,713 |
Association Of Texas Professional Educators Austin, TX | $26,286,970 | $12,638,531 |
Colorado Education Association Denver, CO | $13,528,201 | $13,711,164 |
Society Of Certified Insurance Counselors Austin, TX | $18,011,076 | $13,351,185 |
Good Reason Houston Inc Houston, TX | $15,216,184 | $12,441,249 |
Kansas National Education Association Topeka, KS | $10,511,608 | $8,689,631 |
Missouri National Education Association Jefferson City, MO | $11,252,448 | $8,353,095 |
The Teaching Trust Dallas, TX | $0 | $1,277,048 |
Oklahoma Education Association Oklahoma City, OK | $8,207,045 | $7,151,066 |
State Higher Education Executive Boulder, CO | $7,000,257 | $6,368,436 |
Kansas Association Of School Boards Topeka, KS | $6,554,606 | $5,309,069 |