Student Work Development Foundation INC EIN 51-0168187

Student Work Development Foundation INC

EIN  51-0168187 Public charity (501(c)(3)) Norman, OK
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Student Work Development Foundation INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Trains and supports individuals for discipleship, education, evangelism, and missions.
Leadership
Charlie Anne Cooksey · Treasurer · $82K
Money in and out
$852K revenue, $1.4M expenses
Bottom line
86% program efficiency

Trains and supports individuals for discipleship, education, evangelism, and missions. For fiscal year 2024 it reported $852K in revenue, $1.4M in expenses, and $6.6M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$852K
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$6.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$528K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs▲ +10% vs prior filing year
Operating runway
40.7mo
months of highly liquid reserves at operating expense rate▼ -47% vs prior filing year
Surplus margin
-62%
revenue over expenses, this year▼ -358% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$852K
FY2024▼ -23%
Expenses
$1.4M
FY2024▲ +64%
Total assets
$6.6M
FY2024▼ -10%
Total liabilities
$0
FY2024
Total revenue
$852K
Pt VIII · Ln 12
Total expenses
$1.4M
Pt IX · Ln 25
Net assets
$6.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$528K
Total assetsPt X · Ln 16$6.6M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $1.2M of program spending, described in the organization's own filed words · FY2024.
01

The Sullivant Retreat Center is a part of SWDF and is used for fostering an environment for discipleship, evangelism, teaching and training of college and university campus organizations and churches to accomplish SWDF's purpose of helping produce more effective discipleship ministries and spreading the Gospel of the Lord Jesus Christ.

$747Kprogram expense
02

SWDF provides assistance to IRC section 501(c)(3) organizations within the U.S. such as the Baptist Collegiate Ministries and various college and universities, The Christian Challenge, The Campus Ventures, The Navigators and Churches that reach out to college students and international students to help them learn to evangelize young men…

$280Kprogram expense
03

SWDF provides assistance to campus ministries in Europe that reach out to college students to help them learn to evangelize young men and women with the Gospel of Jesus Christ and to disciple them in the Word of God and spread the Gospel of the Lord Jesus Christ.

$153Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStudent Work Development Foundation INC
EINHdr · item D51-0168187
Principal addressHdr · item CNorman, OK
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1976

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$81,730Pt VII · Sec A
Key Employee
$42,450Pt VII · Sec A
Board Member
$32,946Pt VII · Sec A
President
$18,192Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Charlie Anne Cooksey$81,730$84,240$85,240$60,240$57,730
Michael Stewart$42,450$43,000$43,000$42,000$46,185
John Hill$32,946$41,673$41,797$28,200$35,577
Max D Barnett$20,200$15,600$17,950
Max Barnett$18,192$19,680
Katie Neal$2,000

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.

See Student Work Development Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$623K · 73%
Investment income$160K · 19%
Program service revenue$59K · 7%
Other revenue$9K · 1%
Contributions & grants73%$623K
Investment income19%$160K
Program service revenue7%$59K
Other revenue1%$9K
Total revenueLn 12$852K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$1.2M
Management & general14%$199K
Total functional expensesLn 25$1.4M

Balance Sheet

Part X · end of year
CashLn 1$378K
Total assetsLn 16$6.6M
Total liabilitiesLn 26$0
Total net assetsLn 32$6.6M
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.7M · Operating expenses/yr $1.4M
40.7 months
Where the money goes
Program services
Program services $1.2M · Total expenses $1.4M
86%
Management & General
Management & general $199K · Total expenses $1.4M
14%
Fundraising
Fundraising $0 · Total expenses $1.4M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $572K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $623K · Total revenue $852K
73%
Government reliance
Government grants $0 · Total revenue $852K
0%
Earned-income share
Program service revenue $59K · Total revenue $852K
7%
Investment reliance
Investment income $160K · Total revenue $852K
+19%
Program self-sufficiency
Program service revenue $59K · Total expenses $1.4M
4%
Growth & trend
Revenue growth (YoY)
This year $852K · Prior year $1.1M
-23%
Revenue CAGR
FY2020 $925K · FY2024 $852K
-2%
Net-asset trend (YoY)
End of year $6.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $852K · Expenses $1.4M
-62%
Liabilities-to-Assets
Total liabilities — · Total assets $6.6M
Net-asset ratio
Net assets $6.6M · Total assets $6.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $60K · Other securities (Pt X, ln 12) $4.2M · Total assets (Pt X, ln 16) $6.6M
65%
People & payroll
Highest Reported Total Compensation
Individual Charlie Anne Cooksey · Reported title Treasurer · Highest reported compensation $82K · Total expenses $1.4M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $234K · Total expenses $1.4M
17%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 0%
Revenue growth -23%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 15 grants · $1.4M · 2020–2024
Ok Baptist Collegiate MinistriesFY2024$216,642
Swdf SeminaryFY2024$14,200
Swdf SeminaryFY2023$38,400
Ok Baptist Collegiate MinistriesFY2023$34,730
Ok Baptist Collegiate MinistriesFY2022$45,570
Swdf SeminaryFY2022$20,607
Ok Baptist Collegiate MinistriesFY2021$93,069
Swdf SeminaryFY2021$31,200
Ok Baptist Collegiate MinistriesFY2020$240,414
Swdf-SeminaryFY2020$30,100

Similar Organizations

Closest in mission — by what they do
See all organizations like Student Work Development Foundation INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$852K revenue · viewing · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$1.3M revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$925K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.