Chahta Foundation EIN 73-1591946

Chahta Foundation

EIN  73-1591946 Public charity (501(c)(3)) Durant, OK
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/21/26 · see original filing: IRS
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Size
$1–10M
What they do
Provides resources to aid Choctaw Tribal members and beneficiaries.
Leadership
Jon Marshall · Chairman
Money in and out
$5.5M revenue, $3.5M expenses
Bottom line
94% program efficiency

Provides resources to aid Choctaw Tribal members and beneficiaries. For fiscal year 2024 it reported $5.5M in revenue, $3.5M in expenses, and $33.0M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$5.5M
Pt VIII · Ln 12
Total expenses
$3.5M
Pt IX · Ln 25
Net assets
$33.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.0M
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
148.2mo
months of highly liquid reserves at operating expense rate▼ -58% vs prior filing year
Surplus margin
+37%
revenue over expenses, this year▼ -40% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$5.5M
FY2024▲ +98%
Expenses
$3.5M
FY2024▲ +226%
Total assets
$34.0M
FY2024▲ +26%
Total liabilities
$1.1M
FY2024▲ +768%
Total revenue
$5.5M
Pt VIII · Ln 12
Total expenses
$3.5M
Pt IX · Ln 25
Net assets
$33.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.0M
Total assetsPt X · Ln 16$34.0M
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $3.3M of program spending, described in the organization's own filed words · FY2023.
01

To provide educational, wellness, cultural, and support services for choctaw tribal members or associated beneficiaries.

$3.3Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChahta Foundation
EINHdr · item D73-1591946
Principal addressHdr · item CDurant, OK
WebsiteHdr · item Jwww.chahtafoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A23)
Ruling yearIRS BMFDec 2000

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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Chairman
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$4.5M · 81%
Investment income$1.0M · 19%
Contributions & grants81%$4.5M
Investment income19%$1.0M
Total revenueLn 12$5.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$3.3M
Management & general6%$207K
Total functional expensesLn 25$3.5M

Balance Sheet

Part X · end of year
CashLn 1$33.7M
Total assetsLn 16$34.0M
Total liabilitiesLn 26$1.1M
Total net assetsLn 32$33.0M
Months of cash on handcomputed115.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $33.7M · Operating expenses (Pt IX) $3.5M · Less non-cash grants $774K · Cash operating expenses/yr $2.7M
148.2 months
Where the money goes
Program services
Program services $3.3M · Total expenses $3.5M
94%
Management & General
Management & general $207K · Total expenses $3.5M
6%
Fundraising
Fundraising $0 · Total expenses $3.5M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2.8M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4.5M · Total revenue $5.5M
81%
Government reliance
Government grants — · Total revenue $5.5M
Earned-income share
Program service revenue $0 · Total revenue $5.5M
0%
Investment reliance
Investment income $1.0M · Total revenue $5.5M
+19%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.5M
0%
Growth & trend
Revenue growth (YoY)
This year $5.5M · Prior year $2.8M
+98%
Revenue CAGR
FY2019 $1.4M · FY2023 $5.5M
+41%
Net-asset trend (YoY)
End of year $33.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $5.5M · Expenses $3.5M
+37%
Liabilities-to-Assets
Total liabilities — · Total assets $34.0M
Net-asset ratio
Net assets $33.0M · Total assets $34.0M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $34.0M
0%
People & payroll
Highest Reported Total Compensation
Individual Jon Marshall · Reported title Chairman · Highest reported compensation $0 · Total expenses $3.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $3.5M
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Fundraising cost ratio 0%
Revenue growth 98%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 2%
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
Total grants receivedfrom 1 funder$6K
Grants paid · 9 grants · $3.2M · 2019–2023
Unitemized GrantFY2023$1,838,500
Unitemized GrantFY2022$351,300
Unitemized GrantFY2022$6,008
Unitemized GrantFY2021$294,047
Unitemized GrantFY2021$6,000
Unitemized GrantFY2020$355,400
Unitemized GrantFY2020$12,526
Unitemized GrantFY2019$357,500
Unitemized GrantFY2019$8,164

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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)$5.5M revenue · viewing · ⤓ 990 PDF
FY2023$2.8M revenue · ⤓ 990 PDF
FY2022$2.3M revenue · ⤓ 990 PDF
FY2021$2.7M revenue · ⤓ 990 PDF
FY2020$1.4M 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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