Karl And Georgia Martin Sr Anna Belle Flynn Karl And June Martin
- Assets
- $7.4m
- Revenue
- $1.6m
- Investments
- $6.9m
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 73-1504147
Organization Overview
Karl And Georgia Martin Sr Anna Belle Flynn Karl And June Martin is located in Oklahoma City, OK. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karl And Georgia Martin Sr Anna Belle Flynn Karl And June Martin is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Karl And Georgia Martin Sr Anna Belle Flynn Karl And June Martin generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $614.4k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 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.
Since 2015, Karl And Georgia Martin Sr Anna Belle Flynn Karl And June Martin has awarded 96 individual grants totaling $3,440,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE GIVEN TO THE OSU FOUNDATION - RENEWABLE ENERGY PROGRAM / PETROLEUM ENGINEERING & GEOLOGY PROGRAM
SCHOLARHIPS FOR NURSING AT THE UNIVERSITY OF CENTRAL OKLAHOMA
SCHOLARHIPS FOR NURSING AT THE UNIVERSITY OF OKLAHOMA
ASSISTANCE GIVEN TO SPECIAL CARE INC. - FUNDING DAYCARE PROGRAMS FOR SPECIAL NEEDS CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clell I Cunningham Trustee | 1 | $0 | |
Joe Womack Trustee | 1 | $0 | |
Richard A Goranson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,595 |
| Dividends & Interest | $148,622 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,115,232 |
| Capital Gain Net Income | $32,402 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $324,934 |
| Total Revenue | $1,605,383 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,891 |
| Depreciation | $47,690 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,235 |
| Total operating and administrative expenses | $189,447 |
| Contributions, gifts, grants paid | $425,000 |
| Total expenses and disbursements | $614,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,918 |
| Savings and temporary cash investments | $524,513 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $524,235 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,421,144 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Karl And Georgia Martin Sr Anna Belle Flynn Karl And June Martin has awarded $425,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
OSU FOUNDATION PURPOSE: PETROLEUM ENGINEERING & GEOLOGY | $75,000 |
OSU FOUNDATION PURPOSE: RENEWABLE ENERGY PROGRAM | $60,000 |
Edmond, OK PURPOSE: FOR NURSING SCHOLARSHIPS | $50,000 |
THE UNIVERSITY OF OKLAHOMA PURPOSE: FOR NURSING SCHOLORSHIPS | $50,000 |
Oklahoma City, OK PURPOSE: FOR VICTIMS OF HUMAN TRAFFICKING | $50,000 |
SPECIAL CARE INC PURPOSE: PROVIDE CARE FOR CHILDREN | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas A & M University 12th Man Foundation College Station, TX | $205,287,780 | $55,896,745 |
Noble Research Institute Llc Ardmore, OK | $149,630,598 | $47,833,341 |
Brazos Education Loan Authority Inc Waco, TX | $1,464,923,579 | $48,416,543 |
Folds Of Honor Foundation Owasso, OK | $73,033,715 | $51,158,137 |
Brazos Higher Education Authority Inc Waco, TX | $991,731,055 | $31,545,196 |
Alliance For Choice In Education Greenwood Village, CO | $60,249,872 | $34,038,450 |
Terry Foundation Houston, TX | $405,880,401 | $20,877,529 |
Wichita Center For Graduate Medical Education Inc Wichita, KS | $5,382,351 | $22,892,628 |
At&t Foundation Dallas, TX | $30,306,998 | $4,969 |
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |