Osma Foundation EIN 73-1370949

Osma Foundation

EIN  73-1370949 Public charity (501(c)(3)) Oklahoma City, OK
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Connects people with substance abuse help and provides financial aid.
Leadership
Mary Clarke · Member
Money in and out
$433K revenue, $301K expenses
Bottom line
100% program efficiency

Connects people with substance abuse help and provides financial aid. For fiscal year 2024 it reported $433K in revenue, $301K in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$433K
Pt VIII · Ln 12
Total expenses
$301K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $133K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
59.1mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
+31%
revenue over expenses, this year▲ +48% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$433K
FY2024▲ +16%
Expenses
$301K
FY2024▲ +2%
Total assets
$1.5M
FY2024▲ +17%
Total liabilities
$0
FY2024
Total revenue
$433K
Pt VIII · Ln 12
Total expenses
$301K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$133K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

2 program services account for $299K of program spending, described in the organization's own filed words · FY2024.
01

Provides referral services and financial assistance for members suffering from substance abuse disorders.

$150Kprogram expense
02

Provides medical students for certain scholarships and educational travel and other various grants; promotes healthy lifestyles, child immunization, free health and dental care, youth driving programs, and physician wellness program.

$149Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COsma Foundation
EINHdr · item D73-1370949
Principal addressHdr · item COklahoma City, OK
WebsiteHdr · item Jwww.okmed.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFFeb 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
President El
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Woody Jenkins’s $9 as President is at the 0th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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Statement of Revenue

Part VIII
Contributions & grants$330K · 76%
Investment income$104K · 24%
Contributions & grants76%$330K
Investment income24%$104K
Total revenueLn 12$433K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$299K
Management & general$1K
Total functional expensesLn 25$301K

Balance Sheet

Part X · end of year
CashLn 1$1.5M
Total assetsLn 16$1.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.5M
Months of cash on handcomputed59.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.5M · Operating expenses/yr $301K
59.1 months
Where the money goes
Program services
Program services $299K · Total expenses $301K
100%
Management & General
Management & general $1K · Total expenses $301K
0%
Fundraising
Fundraising $0 · Total expenses $301K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $320K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $330K · Total revenue $433K
76%
Government reliance
Government grants — · Total revenue $433K
Earned-income share
Program service revenue $0 · Total revenue $433K
0%
Investment reliance
Investment income $104K · Total revenue $433K
+24%
Program self-sufficiency
Program service revenue $0 · Total expenses $301K
0%
Growth & trend
Revenue growth (YoY)
This year $433K · Prior year $373K
+16%
Revenue CAGR
FY2020 $414K · FY2024 $433K
+1%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $433K · Expenses $301K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $1.5M · Total assets $1.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Mary Clarke · Reported title MEMBER · Highest reported compensation $0 · Total expenses $301K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $301K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 16%
Accounting 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
Total grants receivedfrom 1 funder$176K
Grants paid · 39 grants · $1.3M · 2020–2024
Healthy Schools OklahomaOK · FY2024$20,000
Educational AlternativesOK · FY2024$20,000
Reach Out and Read INCMA · FY2024$10,000
Healthy Schools Oklahoma INCOK · FY2023$25,000
Educatioal AlternativesFY2023$17,000
Ocms Community FoundationFY2023$12,500
Tcms FoundationFY2023$10,000
Reach Out and Read INCMA · FY2023$10,000
Fundacion Manos JuntasOK · FY2023$8,150
See all 39 grants →

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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)$433K revenue · viewing · ⤓ 990 PDF
FY2023$373K revenue · ⤓ 990 PDF
FY2022$347K revenue · ⤓ 990 PDF
FY2021$370K revenue · ⤓ 990 PDF
FY2020$414K revenue · ⤓ 990 PDF

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Sources

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