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Oklahoma 4-H Foundation Inc

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

EIN: 736109761 ✦ Stillwater, OK ✦ Designated as a 501(c)(3)

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Overview

What is Oklahoma 4-H Foundation Inc?

The Oklahoma 4-H Foundation Inc is a nonprofit organization dedicated to raising and administering private funds to bolster youth development within the Oklahoma 4-H program. This program encompasses various activities, awards, and scholarships across the state. In 2022 alone, the Foundation granted 76 scholarships and awards to outstanding 4-H members who embodied the organization's values. Furthermore, the Foundation actively supports multiple programming initiatives within the 4-H community.


Official website here: www.oklahoma4hfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Stars

The Oklahoma 4-H Foundation Inc has received a strong rating of 88%, reflecting solid accountability and financial practices. The organization has achieved a Three-Star rating primarily due to its high standards in fiscal management and transparency, as evaluated in the most recent fiscal year, FY2022.

One of the notable strengths of the Oklahoma 4-H Foundation is its governance, which features a fully independent board of members. The foundation has scored excellently in areas such as its financial oversight, absence of material asset diversion, and the clear availability of financial statements on its website. The program expense ratio stands at an impressive 70.55%, indicating that a significant portion of its resources is directed toward its mission-driven activities.

However, there are a couple of areas for improvement, particularly concerning policy documentation. The foundation lacks a whistleblower policy and a document retention and destruction policy, which are critical for governance and operational accountability. Nonetheless, the overall financial health and commitment to transparency position the organization favorably within the nonprofit sector.


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

Is Oklahoma 4-H Foundation Inc legitimate?

Oklahoma 4-H Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma 4-H Foundation Inc 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: $129,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,073

For more financial information, click here


Official website here: www.oklahoma4hfoundation.com

What is the mission statement of Oklahoma 4-H Foundation Inc?

The Oklahoma 4-H Foundation's mission is to procure and manage private funds to aid the charitable activities within the Oklahoma 4-H program. This encompasses various initiatives, such as programs, awards, and scholarships. The Foundation annually grants scholarships and awards to outstanding 4-H members, honoring their adherence to the 4-H ideals, with 76 recipients in 2022. Furthermore, the Foundation actively supports numerous programming efforts within the 4-H program.


Official website here: www.oklahoma4hfoundation.com

Who is the CEO of Oklahoma 4-H Foundation Inc?

Milford Jenkins is the Director of Oklahoma 4-H Foundation Inc.


Official website here: www.oklahoma4hfoundation.com

What is the revenue of Oklahoma 4-H Foundation Inc?

Oklahoma 4-H Foundation Inc's revenue in 2022 was $966,990.


Official website here: www.oklahoma4hfoundation.com

Who are the executives of Oklahoma 4-H Foundation Inc and what are their salaries?

There 45 volunteers at Oklahoma 4-H Foundation Inc.


Here are 23 key members and their salaries:


Dan Bomhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Grundmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodd Moesel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Smithee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dixie Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Terry Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bomhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Cordell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dalacy Sleeper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Bunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teegin Crosthwait (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Justice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noble Mcintyre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Rieff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Sherrer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Stowers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Jackson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jered Davidson (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Kiefer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gaye Pfeiffer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milford Jenkins (Executive Director)
  • Compensation: $105,431
  • Related: $0
  • Other: $24,181


Official website here: www.oklahoma4hfoundation.com

Where can I find the form 990 for Oklahoma 4-H Foundation Inc?

Oklahoma 4-H Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oklahoma4hfoundation.com

Learn more at the official website: www.oklahoma4hfoundation.com

Mission Statement of Oklahoma 4-H Foundation Inc

The Oklahoma 4-H Foundation serves a crucial role in securing and managing private funding to bolster the charitable activities of the statewide Oklahoma 4-H program. This program encompasses a variety of initiatives, including awards, scholarships, and various projects. The Foundation, in particular, sponsors scholarships and awards for exceptional 4-H members, embodying the program's ideals, to help further their education. In 2022, they granted 76 such scholarships and awards. Moreover, the Foundation supports numerous programming efforts within the Oklahoma 4-H program.

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Impact




July, 2024

Oklahoma 4-H Foundation Inc's impact lies in securing and managing private funding to benefit the charitable activities of the statewide Oklahoma 4-H program. This support directly impacts youth development by providing programs, awards, and scholarships to 4-H members who embody the organization's ideals. In 2022 alone, the Foundation granted 76 scholarships to deserving individuals, furthering their education and personal growth. Additionally, the Foundation's sponsorship and support of various programming efforts contribute significantly to the positive development and success of Oklahoma's youth.




This information is meant to be a general summary of Oklahoma 4-H Foundation Inc. 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
$966,990 (2022)
Expenses
$1,238,288 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $276,579
  • Program Service Revenue: $44,905
  • Gross Receipts: $5,832,912

Assets and Liabilities:

  • Total Assets: $12,703,887
  • Total Liabilities: $817,135
  • Net Assets: $11,886,752

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Programs

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

FEES INCOME

Revenue

$24,017

PROGRAM REGISTRATION

Revenue

$20,888

Organization Details

Founding Year

1962

Principal Officer

Milford Jenkins

Main Address

505 AG HALL, STILLWATER, OK, 74078

NTEE Category

Code: O52 - Youth development

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