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Panhandle State Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731019001 ✦ Goodwell, OK ✦ Designated as a 501(c)(3)

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Overview

What is Panhandle State Foundation?

The Panhandle State Foundation serves as a vital supporter of Oklahoma Panhandle State University, channeling funds towards a variety of educational programs and initiatives. Its contributions have included a $45,000 grant to the Presidential Support Fund, funding for the Masonic Enrichment Program for art events and student readings, and support for the Baughman Fund, which aids the student teaching program and faculty continuing education. The primary mission of the foundation is to provide scholarships and general support to the university, aligning with its mission to offer enriching educational experiences to prepare students for roles in agriculture, business, education, government, and industry. Based in Goodwell, Oklahoma, the foundation employs a small team of three individuals.


Official website here: www.opsu.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

The Panhandle State Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and finance metrics. With an overall score of 84%, the foundation demonstrates effective governance practices, including a fully independent board and robust financial oversight. The foundation has shown strong commitment to transparency as all required financial documents are publicly available, and it maintains a favorable liabilities to assets ratio of 1.59%.

Despite its strengths, there are a few areas where the organization could improve. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy indicates some gaps in its governance framework. These missing elements could be crucial for ensuring comprehensive accountability and protecting the organization and its stakeholders.

Overall, the Panhandle State Foundation reflects a commendable financial health and commitment to its mission. Its high program expense ratio of 91.65% signifies a strong focus on delivering impactful programs, although addressing its governance policy gaps would further enhance its operational integrity and donor trust.


This AI summary has been generated from information found on Charity Navigator.

Is Panhandle State Foundation legitimate?

Panhandle State Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panhandle State Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $44,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,860

For more financial information, click here


Official website here: www.opsu.edu

What is the mission statement of Panhandle State Foundation?

The Panhandle State Foundation's mission is to enhance the educational experiences of students at Oklahoma Panhandle State University. This is achieved by designing programs that enrich their personal lives and prepare them for careers in various sectors such as agriculture, business, education, government, and industry. The foundation supports the university financially, funding various education programs and projects. For instance, it provided $45,000 to the Presidential Support Fund for discretionary use, funded the Masonic Enrichment Program for the Art Jubilee and a reading series, and supported the Baughman Fund for the Student Teaching Program and faculty continuing education.


Official website here: www.opsu.edu

Who is the CEO of Panhandle State Foundation?

Chyanna Black is the President of Panhandle State Foundation.


Official website here: www.opsu.edu

What is the revenue of Panhandle State Foundation?

Panhandle State Foundation's revenue in 2022 was $1,887,080.


Official website here: www.opsu.edu

Who are the executives of Panhandle State Foundation and what are their salaries?

The average compensation at Panhandle State Foundation during 2022 was $31,851. There are 3 employees and 23 volunteers at Panhandle State Foundation.


Here are 25 key members and their salaries:


Jimmy Quimby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Wolf (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Murphey (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Altom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Dain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Edenborough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Luke Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Layne Greeson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Logan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Looper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiphanie Mathis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Mckinnon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Oblander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zac Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Petty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Roberston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Strain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kenneth Woodward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Wyrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharen Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chyanna Black (Executive Director (As Of 7/22))
  • Compensation: $0
  • Related: $53,189
  • Other: $10,266
Doris Looper (Executive Director (Termed 7/22))
  • Compensation: $44,692
  • Related: $0
  • Other: $0


Official website here: www.opsu.edu

Where can I find the form 990 for Panhandle State Foundation?

Panhandle State Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.opsu.edu

Learn more at the official website: www.opsu.edu

Mission Statement of Panhandle State Foundation

The Panhandle State Foundation, a distinguished organization, is committed to providing educational experiences that significantly enrich the lives of students. Its mission is aimed at preparing these students for roles in various sectors such as agriculture, business, education, government, and industry. By offering scholarships and general support to Oklahoma Panhandle State University, the foundation seeks to contribute to the university's diverse educational programs and projects. The foundation's contributions extend beyond financial aid, as it also funds initiatives like the Masonic Enrichment Program, which supports the Art Jubilee and a reading series for both students and community members. Additionally, Panhandle State Foundation provides support to the Baughman Fund, which aids the student teaching program and faculty continuing education. In essence, the foundation's mission is to foster an environment conducive to learning and personal growth, equipping students with the necessary skills to excel in their chosen fields.

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Impact




July, 2024

The Panhandle State Foundation's impact is significant in providing scholarships and general support for Oklahoma Panhandle State University. The foundation plays a crucial role in funding various education programs and projects at the university. For instance, it has provided funds to the Presidential Support Fund for discretionary use, supported the Masonic Enrichment Program's Art Jubilee and reading series, as well as contributed to the Baughman Fund that aids the student teaching program and faculty continuing education. Overall, the foundation's support enriches the personal lives of students and prepares them for various roles in agriculture, business, education, government, and industry.




This information is meant to be a general summary of Panhandle State Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,887,080 (2022)
Expenses
$1,434,074 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $865,668
  • Gross Receipts: $2,328,636

Assets and Liabilities:

  • Total Assets: $19,051,052
  • Total Liabilities: $303,530
  • Net Assets: $18,747,522

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Organization Details

Founding Year

1961

Principal Officer

Chyanna Black

Main Address

PO BOX 430, GOODWELL, OK, 73939

NTEE Category

Code: B43I - Education

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