Oklahoma Premier INC

Norman, OKUnknown exempt organizationEIN 45-2996973

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The mission of ok Premier INC is to provide the best possilbe learning environment to teach, train, and educate our community of athletes, parents, and coaches the fundamentals and advanced techniques of competitive volleyball.

100¢ of each $1 spent went to programs.
$55K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $10K a year · 2% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$516K
-5% vs prior year
Spent
$543K
To programs
100%
Net assets
$46K
By yearFY2020–FY2021
Revenue
$516K
FY2021▼ -5%
Revenue by fiscal year
FY2020$544K
FY2021$516K
Expenses
$543K
FY2021▲ +10%
Expenses by fiscal year
FY2020$496K
FY2021$543K
Net assets
$46K
FY2021▼ -37%
Net assets by fiscal year
FY2020$73K
FY2021$46K

From the FY2021 Form 990 (year ending July 2021) · see the original

Is it real?

Yes. Exemption reinstated (2018-12-15). Per the IRS revocation list. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $543K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Secretaryadmin
$28,800Pt VII · Sec A
Vptreasurer
$25,900Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2021FY2020
Patty Mills$28,800$28,050
Brandy White$25,900$26,600

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches, trains, and educates athletes, parents, and coaches in competitive volleyball.

Provided by the organization

This section is blank until Oklahoma Premier INC claims this page.

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1 program service account for $543K of program spending, described in the organization's own filed words · FY2020.
01

To offer club volleyball, indoor clinics, indoor leagues, beach clinics, and assistance to public schools.

$543Kprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$516K
Ln 12
Fees for servicesLn 2g$516K
Money outPt IX
$543K
Ln 25
Programscol B$543K
Owns and owesPt X
$46K
net assets · Ln 32
Cash and savingsLn 1–2$46K
Total assetsLn 16$46K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$516K
Total revenueLn 12$516K
Assets in detailPt X, end of year
CashLn 1$46K
Cash and savings togetherLn 1–2$46K
Total assetsLn 16$46K
LiabilitiesLn 26$0
Net assetsLn 32$46K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$73K$46K
Total assetsLn 16$73K$46K
LiabilitiesLn 26$0$0
Net assetsLn 32$73K$46K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$55K$55K
Advertising and promotionLn 12$55K$55K
OccupancyLn 16$104K$104K
TravelLn 17$43K$43K
Other expenses (24a–d)Ln 24$235K$235K
All other expensesLn 24e$51K$51K
Total functional expensesLn 25$543K$543K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $516K$543K−$27K$46K 990 PDF
FY2020 $544K$496K$48K$73K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $516,195 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $516,195$516,195
VIII-12 Total revenueRelated to mission $516,195 · Unrelated business $0 · Excluded from tax $0$516,195
Part IX · Statement of functional expenses $543,384 across 6 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $54,700$54,700
IX-12 Advertising and promotionPrograms $54,932$54,932
IX-16 OccupancyPrograms $103,988$103,988
IX-17 TravelPrograms $43,303$43,303
IX-24 Other expenses (24a–d)Programs $235,144$235,144
IX-24e All other expensesPrograms $51,317$51,317
IX-25 Total functional expensesPrograms $543,384 · Management $0 · Fundraising $0$543,384
Part X · Balance sheet $45,726 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $72,915$45,726
X-16 Total assetsStart of year $72,915$45,726
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $72,915$45,726
X-33 Total liabilities and net assetsStart of year $72,915$45,726
Part XI · Reconciliation of net assets $45,726 net assets at year end
XI-1 Total revenue$516,195
XI-2 Total expenses$543,384
XI-3 Revenue less expenses−$27,189
XI-4 Net assets at start of year$72,915
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$45,726

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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