Oklahoma Turnaround Fund
- Assets
- $0.0
- Revenue
- -$28.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- Data as of
- 09/2019
- EIN
- 83-2545172
Organization Overview
Oklahoma Turnaround Fund is located in Norman, OK. Oklahoma Turnaround Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION IS TO BUILD A TEAM THAT WILL WORK WITH GOVERNOR-ELECT STITT TO RECRUIT OKLAHOMANS TO SERVE IN A STITT ADMINISTRATION AND TO BUILD OUT OKLAHOMA'S TURNAROUND TRANSITION TEAM TO INCLUDE ISSUE-CENTERED ADVISORY COMMITTEES ON EDUCATION, ECONOMIC GROWTH, GOVERNMENT EFFICIENCY, INFRASTRUCTURE, HEALTH, PUBLIC SAFETY, AND NATIVE AMERICAN PARTNERSHIPS. FURTHER, THIS CORPORATION WILL PROVIDE MANAGEMENT AND ADMINISTRATION FOR THE PROPER CONDUCT OF INAUGURAL BALLS FOR THE PEOPLE OF OKLAHOMA TO CELEBRATE THE ELECTION OF A NEW GOVERNOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INAUGURAL CELEBRATIONS: THE ORGANIZATION'S FIRST GOAL WAS TO PLAN INAUGURAL CELEBRATIONS ACROSS OKLAHOMA THAT GAVE THOUSANDS OF OKLAHOMANS THE CHANCE TO PARTICIPATE IN CELEBRATING THE ELECTION OF A NEW GOVERNOR. THIS INCLUDED FORMAL INAUGURAL BALLS IN TULSA AND OKLAHOMA CITY ATTENDED BY THOUSANDS, A CHILDREN AND FAMILY EVENT, AND A MORE INFORMAL EVENT IN LAWTON ATTENDED BY HUNDREDS. THESE EVENTS GAVE THE GOVERNOR AND HIS FAMILY AND STAFF THE CHANCE TO MEET WITH THOUSANDS OF OKLAHOMANS ACROSS THE STATE FROM A DIVERSE BACKGROUND AND GAVE THOSE OKLAHOMANS THE CHANCE TO MEET THE NEW GOVERNOR AND HIS FAMILY AND KEY STAFF.
TRANSITION RECRUITING AND RESEARCH: THE ORGANIZATION ASSISTED THE GOVERNOR AND HIS NEW STAFF IN RECRUITING TOP TALENT FROM ACROSS OKLAHOMA TO FILL TOP POSITIONS IN THE GOVERNOR'S ADMINISTRATION. THE ORGANIZATION ALSO FORMED MULTIPLE COMMITTEES FOR KEY POLICY INITIATIVES AND RECRUITED VOLUNTEERS FROM ACROSS OKLAHOMA WITH A DIVERSE BACKGROUND AND SUBJECT MATTER EXPERTISE TO PROVIDE RESEARCH AND ANALYSIS OF KEY ISSUES FACING OKLAHOMA AND SOLUTIONS TO ADVANCING OKLAHOMA UNDER THE NEW GOVERNOR'S ADMINISTRATION.
COMMUNICATIONS: THE ORGANIZATION ASSISTED THE GOVERNOR AND HIS NEW ADMINISTRATION IN COMMUNICATIONS WITH THE GOVERNOR'S CONSTITUENTS IN DISCUSSING HIS POLICY INITIATIVES AND RECRUITMENT STRATEGY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Kouplen Director | Trustee | 15 | $0 |
Rita Aragon Director | Trustee | 2 | $0 |
Monte Tucker Director | Trustee | 2 | $0 |
Mike Mazzei Director | Trustee | 15 | $0 |
Michelle Choquette Director | Trustee | 2 | $0 |
Michael Rogers Director | Trustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$28,020 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$28,020 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $137,478 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,772 |
| Fees for services: Accounting | $8,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $172,907 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $158,697 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $827 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,550 |
| All other expenses | $0 |
| Total functional expenses | $545,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |