Tri County Tech Endowment Fund INC FY2024 filing

Tax-deductible

Bartlesville, OK501(c)(3)Since 1969EIN 73-1192143Revenue $1.5M in FY2024

On file with the IRS6101 Nowata Rd, 74006-6010 · Bartlesville, OKTax-exempt since May 1970Publicly supported — 509(a)(2)

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To provide scholarships to students for tuition and financial assistance.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $310K a year · 42% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $619K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.5M
+65% vs prior year
Spent
$444K
To programs
87%
Net assets
$2.1M
By yearFY2020–FY2025
Revenue
$1.5M
FY2024▲ +65%
Tap a bar for its year
Revenue by fiscal year
FY2020$286K
FY2021$735K
FY2022$327K
FY2023$933K
FY2024$1.5M
FY2025$610K
Expenses
$444K
FY2024▼ -26%
Tap a bar for its year
Expenses by fiscal year
FY2020$183K
FY2021$564K
FY2022$459K
FY2023$602K
FY2024$444K
FY2025$324K
Net assets
$2.1M
FY2024▲ +125%
Tap a bar for its year
Net assets by fiscal year
FY2020$524K
FY2021$758K
FY2022$543K
FY2023$921K
FY2024$2.1M
FY2025$2.5M

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1970.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $388K Management & general 13% · $56K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Superintendentceo
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Tri County Tech Endowment Fund INC executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers scholarships for student tuition and financial aid.

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Provided by the organization

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1 program · $388K · in their own filed words · FY2024
01

To provide scholarships to students for tuition and financial assistance.

$388Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 5 funders$619K
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.5M
Ln 12
Gifts and grantsLn 1h$1.4M
Investment incomeLn 3$83K
Fees for servicesLn 2g$43K
Money outPt IX
$444K
Ln 25
Programscol B$388K
Managementcol C$56K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$45K
Total assetsLn 16$2.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.4M
Fees for servicesLn 2g$43K
Investment incomeLn 3$83K
Total revenueLn 12$1.5M
Assets in detailPt X, end of year
CashLn 1$35K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$45K
Other assetsLn 15$2.0M
Total assetsLn 16$2.1M
LiabilitiesLn 26$0
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$18K$45K
Total assetsLn 16$921K$2.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$921K$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$388K$388K
Management feesLn 11a$37K$37K
Office expensesLn 13$4K$4K
Other expenses (24a–d)Ln 24$15K$15K
Total functional expensesLn 25$444K$388K$56K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $610K$324K$286K$2.5M 990 PDF
FY2024 Viewing $1.5M$444K$1.1M$2.1M 990 PDF
FY2023 $933K$602K$331K$921K 990 PDF
FY2022 $327K$459K−$132K$543K 990 PDF
FY2021 $735K$564K$170K$758K 990 PDF
FY2020 $286K$183K$103K$524K 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 FY2024 990 (6 parts)
Part I · Summary $1,544,183 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $861,488$1,418,326
I-9 Program service revenuePrior year $27,911$43,302
I-10 Investment incomePrior year $43,863$82,555
I-11 Other revenue$0
I-12 Total revenuePrior year $933,262$1,544,183
I-13 Grants and similar amounts paidPrior year $573,144$387,781
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $29,123$56,218
I-18 Total expensesPrior year $602,267$443,999
I-19 Revenue less expensesPrior year $330,995$1,100,184
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,544,183 across 6 lines filed
VIII-1f All other contributions, gifts and grants$1,418,326
VIII-1h Total contributions, gifts and grants$1,418,326
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $43,302$43,302
VIII-3 Investment incomeRelated to mission $82,555$82,555
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $125,857 · Unrelated business $0 · Excluded from tax $0$1,544,183
Part IX · Statement of functional expenses $443,999 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $387,781$387,781
IX-11a Management feesManagement $36,911$36,911
IX-13 Office expensesManagement $4,254$4,254
IX-24 Other expenses (24a–d)Management $15,053$15,053
IX-25 Total functional expensesPrograms $387,781 · Management $56,218 · Fundraising $0$443,999
Part X · Balance sheet $2,072,834 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $7,850$34,895
X-2 Savings and temporary cash investmentsStart of year $10,070$10,025
X-15 Other assetsStart of year $903,267$2,027,914
X-16 Total assetsStart of year $921,187$2,072,834
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $17,920$44,920
X-28 Net assets with donor restrictionsStart of year $903,267$2,027,914
X-32 Total net assets or fund balancesStart of year $921,187$2,072,834
X-33 Total liabilities and net assetsStart of year $921,187$2,072,834
Part XI · Reconciliation of net assets $2,072,834 net assets at year end
XI-1 Total revenue$1,544,183
XI-2 Total expenses$443,999
XI-3 Revenue less expenses$1,100,184
XI-4 Net assets at start of year$921,187
XI-5 Net unrealized gains (losses) on investments$51,463
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,072,834

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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