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Oklahoma Foundation For Excellence

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

EIN: 731260595 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(3)

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Overview

What is Oklahoma Foundation For Excellence?

The Oklahoma Foundation for Excellence is a nonprofit organization situated in Oklahoma City, Oklahoma. Its primary mission is to recognize and encourage academic excellence within Oklahoma's public schools. To achieve this goal, the foundation has established an awards program with two initiatives: the Academic All-State Awards and the Medal for Excellence. The Academic All-State Awards grant scholarships to the top 100 academic achievers from Oklahoma's public high school graduating seniors. Meanwhile, the Medal for Excellence provides cash awards to educators and administrators at various levels, including elementary, secondary, regional university/community college, research university, and public school administrator categories. The foundation's activities and mission aim to nurture and support a favorable educational environment in Oklahoma, fostering excellence among students and the teaching profession. The Oklahoma Foundation for Excellence is a small organization, with only five employees dedicated to its mission. This nonprofit plays a significant role in recognizing and encouraging academic excellence within Oklahoma's public schools, aiming to foster a positive climate for teaching and learning.


Official website here: www.ofe.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

The Oklahoma Foundation For Excellence has achieved an impressive 96% rating, reflecting its strong commitment to accountability and financial management. This score is derived solely from the Accountability & Finance beacon, indicating the organization’s fiscal responsibility and ethical governance practices. A four-star rating signifies that the foundation meets high standards in transparency and operational efficiency, providing donors with confidence in their contributions.

The organization demonstrates a robust governance structure, with 100% of its board members being independent, which enhances decision-making and reduces conflicts of interest. The foundation has also established comprehensive policies, including conflict of interest and whistleblower protections, ensuring a high level of organizational integrity. Additionally, the financial performance metrics, such as a low liabilities to assets ratio and a program expense ratio of over 75%, indicate that a significant portion of its resources is directed towards its mission.

While the overall financial health appears strong, there is no mention of specific challenges or areas for improvement within the provided data. The foundation's commitment to transparency and sound financial practices can assure stakeholders of its mission-oriented focus and responsible management.


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

What do the Facebook reviews say about Oklahoma Foundation For Excellence?

82% of the eight reviewers on Facebook recommend the Oklahoma Foundation for Excellence. Here is a summary of their reviews:

Many users express gratitude for the organization's role in enhancing educational experiences for teachers. The positive sentiment highlights how the foundation effectively supports educators, enabling them to teach with greater enthusiasm and commitment.

Overall, it appears that this nonprofit is making a valuable impact in the education sector, fostering an environment where teachers feel empowered and inspired to deliver quality instruction.


This AI summary has been generated from reviews found on Facebook.

Is Oklahoma Foundation For Excellence legitimate?

Oklahoma Foundation For Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Foundation For Excellence 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: $115,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,410

For more financial information, click here


Official website here: www.ofe.org

What is the mission statement of Oklahoma Foundation For Excellence?

The Oklahoma Foundation for Excellence's mission is centered around recognizing and encouraging academic excellence in Oklahoma's public schools. In line with this objective, the foundation was established to honor outstanding teaching and scholarly achievements in the state. It strives to foster a conducive environment for the teaching profession and the pursuit of excellence among students. Moreover, the foundation supports the growth of local education foundations in Oklahoma communities, aiming to enhance educational standards across the state.


Official website here: www.ofe.org

What is the revenue of Oklahoma Foundation For Excellence?

Oklahoma Foundation For Excellence's revenue in 2024 was $1,718,456.


Official website here: www.ofe.org

Who are the executives of Oklahoma Foundation For Excellence and what are their salaries?

The average compensation at Oklahoma Foundation For Excellence during 2024 was $50,638. There are 6 employees at Oklahoma Foundation For Excellence.

Here are 135 key members and their salaries:


Andrew J Morris (President)
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Lee Ann Dearman (President- Elect)
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Matt Trentham (Treasurer)
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David L Boren (Trustee)
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Gov Bill Anoatubby (Trustee)
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Jami Rhoades Antonisse (Trustee)
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Ruben Aragon (Trustee)
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Jari Askins (Trustee)
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Leah M Barby (Trustee)
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Howard G Barnett Jr (Trustee)
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Daniel V Barney Ii (Trustee)
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Jan Barrick (Trustee)
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Claudia H Bartlett (Trustee)
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Sharon M Bartlett (Trustee)
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Julie E Bates (Trustee)
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Bruce T Benbrook (Trustee)
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Loyd Benson (Trustee)
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Mike Blake (Trustee)
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Shoney Blake (Trustee)
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Gail Bliss (Trustee)
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Dan Boren (Trustee)
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Molly Shi Boren (Trustee)
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Mike Boynton (Trustee)
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Barbara M Braught (Trustee)
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Bob Burke (Trustee)
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Aletha Burrage (Trustee)
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Sean Burrage (Trustee)
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Ken Busby (Trustee)
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Stephen G Butler (Trustee)
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James Calvert (Trustee)
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William M Cameron (Trustee)
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Chip Carter (Trustee)
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Annie Chang (Trustee)
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Dr Rick Cobb (Trustee)
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Diane Eason Contreras (Trustee)
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Frank V Cooper (Trustee)
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G Bridger Cox (Trustee)
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Dr J Bridger Cox (Trustee)
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Kyden Creekpaum (Trustee)
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Dr Janet Cunningham (Trustee)
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Kyle Dahlem (Trustee)
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Jenny Dakil (Trustee)
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Terry Davidson (Trustee)
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Dr Jennifer Dennis (Trustee)
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Vanessa Drummond (Trustee)
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Mike Epps (Trustee)
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Kyle A Frankfurt (Trustee)
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Dan Gilbert (Trustee)
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Casey Gilliam (Trustee)
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Melvin R Gilliam (Trustee)
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Anil V Gollahalli (Trustee)
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John B Gorton (Trustee)
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Charles R Hall (Trustee)
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Dr Nancy K Hall (Trustee)
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John R Hargrave (Trustee)
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Morgan Harris (Trustee)
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Carrie Headington (Trustee)
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Jean Hendrickson (Trustee)
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Karen Henson (Trustee)
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Dr Bill H Hill (Trustee)
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Stephen B Holton (Trustee)
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James K Howard (Trustee)
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Christa Hughes (Trustee)
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Deanne Dutton Hughes (Trustee)
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Dow R Hughes (Trustee)
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Dr Sonja J Hughes (Trustee)
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Mary M Jenkins (Trustee)
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Beth Johnson (Trustee)
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Dr Glen D Johnson Jr (Trustee)
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Paige L Johnson (Trustee)
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Charlotte A Jones (Trustee)
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Sherrel A Jones (Trustee)
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Farooq S Karim (Trustee)
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Dr David C Kendrick (Trustee)
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Dr Rebecca Jm Kennedy (Trustee)
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Darin Kent (Trustee)
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Dr Jason F Kirksey (Trustee)
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Judy Z Kishner (Trustee)
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Shelly Lambertz (Trustee)
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Nancy L Leonard (Trustee)
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Sheryl Lovelady (Trustee)
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Bert H Mackie (Trustee)
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Patsy Mann (Trustee)
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Jan Mcclaren (Trustee)
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Noble Mcintyre (Trustee)
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Mary Frances Michaelis (Trustee)
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Ken Miller (Trustee)
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Dr Robyn R Miller (Trustee)
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Gracie Montgomery (Trustee)
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Melvin R Moran (Trustee)
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Michelle Nabors (Trustee)
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Linda K Neal (Trustee)
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Polly Nichols (Trustee)
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Charles L Oppenheim (Trustee)
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Martie Oyler (Trustee)
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Susan Paddack (Trustee)
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Marion Paden (Trustee)
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Leslie Paris (Trustee)
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Joseph L Parker Jr (Trustee)
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Earlene Parr (Trustee)
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David Postic (Trustee)
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Laura C Reed (Trustee)
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Cathryn Render (Trustee)
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Lana Reynolds (Trustee)
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Lisa Robertson (Trustee)
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Liz Robertson (Trustee)
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Frank C Robson (Trustee)
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Linda R Rodgers (Trustee)
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Dayna Rowe (Trustee)
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Dr Stewart Ryan (Trustee)
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Stuart Sander (Trustee)
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Neil P Schemmer (Trustee)
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Brian E Shipp (Trustee)
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Patricia Sholar (Trustee)
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Dr Joe Siano (Trustee)
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Corinne Simon (Trustee)
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Linda Ammons Starling (Trustee)
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D Craig Story (Trustee)
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Barbara D Sturdivant (Trustee)
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Claudia Swisher (Trustee)
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Dr Carolyn A Taylor (Trustee)
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Arthur H Thompson (Trustee)
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Scott Thompson (Trustee)
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Suzanne Thompson (Trustee)
  • Compensation: $0
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Susan I Thurmond (Trustee)
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Kathryn Turner (Trustee)
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Emily Virgin (Trustee)
  • Compensation: $0
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John Waldron (Trustee)
  • Compensation: $0
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Sandy Werner (Trustee)
  • Compensation: $0
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  • Other: $0
Dr Alyson Willis (Trustee)
  • Compensation: $0
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Dr Peggy J Wisdom (Trustee)
  • Compensation: $0
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Melissa Woolridge (Trustee)
  • Compensation: $0
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Erika Wright (Trustee)
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Kathy Zervas (Trustee)
  • Compensation: $0
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Elizabeth Inbody (Executive Director)
  • Compensation: $108,000
  • Related: $0
  • Other: $4,328


Official website here: www.ofe.org

Where can I find the form 990 for Oklahoma Foundation For Excellence?

Oklahoma Foundation For Excellence's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ofe.org

Learn more at the official website: www.ofe.org

Mission Statement of Oklahoma Foundation For Excellence

The Oklahoma Foundation for Excellence, as an organization, is committed to recognizing and fostering academic excellence within Oklahoma's public schools. In line with this mission, the foundation seeks to encourage and honor academic achievement in teaching and scholarship across the state. By nurturing a conducive environment for the teaching profession and supporting the attainment of excellence among students, the foundation strives to foster the growth of local education foundations in Oklahoma communities. Ultimately, the Oklahoma Foundation for Excellence aims to contribute to the development of a culture that values and supports academic excellence within the state's public schools.

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Impact



July, 2024

The Oklahoma Foundation For Excellence has a significant impact on Oklahoma's public schools by recognizing and encouraging academic excellence. Through its awards programs, the foundation celebrates the achievements of students, teachers, and administrators, providing scholarships and cash awards to deserving individuals. By fostering a culture of excellence in teaching and scholarship, the foundation contributes to the overall improvement of education in the state of Oklahoma.



This information is meant to be a general summary of Oklahoma Foundation For Excellence. 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
$1,718,456 (2024)
Expenses
$985,934 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $259,311
  • Program Service Revenue: $41,422
  • Gross Receipts: $13,712,580

Assets and Liabilities:

  • Total Assets: $8,286,945
  • Total Liabilities: $1,990
  • Net Assets: $8,284,955

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AWARDS PROGRAM

Revenue

$26,422

COLONIAL WILLIAMSBURG FEES

Revenue

$15,000

Organization Details

Founding Year

1996

Principal Officer

Matt Trentham

Website

www.ofe.org

NTEE Category

Code: B82 - Education

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