The More Foundation EIN 73-1373231 Form 990 (PDF) Claim this org

The More Foundation

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Offers financial aid to Carter County high school graduates pursuing higher education. For fiscal year 2025 it reported $372K in revenue, $242K in expenses, and $363K in net assets.Pt I

Founded
1990
Type
Public charity (501(c)(3)) · Education
Location
Ardmore, OK
Website
www.themorefoundation.com
Filings
6 on file (2020–2025)
Revenue
$372KFY2025
Expenses
$242K
Net assets
$363K
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  73-1373231 Public charity (501(c)(3)) Ardmore, OK Founded 1990
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers financial aid to Carter County high school graduates pursuing higher education.
Leadership
Scott Ownbey · Executive Director · $87K
Money in and out
$372K revenue, $242K expenses
Bottom line
72% program efficiency
Where the money goes · FY2025
Total revenue
$372K
Pt VIII · Ln 12
Total expenses
$242K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $130K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.26 Fundraising $0.02
Program efficiency
72%
of spending reaches programs▼ -17% vs prior filing year
Operating runway
18.0mo
months of highly liquid reserves at operating expense rate▲ +134% vs prior filing year
Surplus margin
+35%
revenue over expenses, this year▲ ×22 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$372K
FY2025▲ +4%
Expenses
$242K
FY2025▼ -34%
Total assets
$363K
FY2025▼ -27%
Total liabilities
$460
FY2025▼ -80%
Total revenue
$372K
Pt VIII · Ln 12
Total expenses
$242K
Pt IX · Ln 25
Net assets
$363K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$130K
Total assetsPt X · Ln 16$363K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe More Foundation
EINHdr · item D73-1373231
Principal addressHdr · item CArdmore, OK
WebsiteHdr · item Jwww.themorefoundation.com
Year of formationHdr · item L1990
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82J)
Ruling yearIRS BMFJul 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$86,758Pt VII · Sec A
Vice Chair, Trustee
$0Pt VII · Sec A
Secretary, Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer, Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Scott Ownbey’s $87K as Executive Director is at the 76th 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.

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Roslyn Haile$105,071
Scott Ownbey$86,758$81,200$71,200$71,200$26,096

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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Mission & Programs · Part III

Where the work happens

1 program service account for $174K of program spending, described in the organization's own filed words · FY2025.
01

Provide scholarships to area students to further their post-high school education.

$174Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$372K
Total revenueLn 12$372K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.26 Fundraising $0.02
Program services72%$174K
Management & general26%$63K
Fundraising2%$6K
Total functional expensesLn 25$242K

Balance Sheet

Part X · end of year
CashLn 1$363K
Total assetsLn 16$363K
Total liabilitiesLn 26$460
Total net assetsLn 32$363K
Months of cash on handcomputed18.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $363K · Operating expenses/yr $242K
18.0 months
Where the money goes
Program services
Program services $174K · Total expenses $242K
72%
Management & General
Management & general $63K · Total expenses $242K
26%
Fundraising
Fundraising $6K · Total expenses $242K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $352K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $372K · Total revenue $372K
100%
Government reliance
Government grants — · Total revenue $372K
Earned-income share
Program service revenue $0 · Total revenue $372K
0%
Investment reliance
Investment income $0 · Total revenue $372K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $242K
0%
Growth & trend
Revenue growth (YoY)
This year $372K · Prior year $357K
+4%
Revenue CAGR
FY2020 $475K · FY2025 $372K
-5%
Net-asset trend (YoY)
End of year $363K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $372K · Expenses $242K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $363K
Net-asset ratio
Net assets $363K · Total assets $363K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $363K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Scott Ownbey · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $87K · Total expenses $242K
36%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $93K · Total expenses $242K
39%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 26%
Fundraising cost ratio 2%
Revenue growth 4%

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$113K
Grants paid · 6 grants · $1.3M · 2020–2025

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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
FY2025 (Latest)$372K revenue · viewing · ⤓ 990 PDF
FY2024$357K revenue · ⤓ 990 PDF
FY2023$328K revenue · ⤓ 990 PDF
FY2022$579K revenue · ⤓ 990 PDF
FY2021$434K revenue · ⤓ 990 PDF
FY2020$475K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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