John Boyce McKeel & Ayleene R McKeel Charitable Tr

Tax-deductible

Ada, OK501(c)(3)Foundations & GrantmakersEIN 75-3160348Revenue $351K in FY2024

On file with the IRSPo Box 2419, 74821-2419 · Ada, OKTax-exempt since Oct 2008Supporting organization — 509(a)(3)

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To accumulate and distribute income exclusively to the educational, scientific, literary and Charitable organizations as specified by the grantor or the trustee.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$37K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $99K a year · 36% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$37K
to officers and key staff · 19% of spending
Top officer’s pay lower than 67% of similar orgs
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$351K
+76% vs prior year
Spent
$192K
To programs
80%
Net assets
$4.1M
By yearFY2020–FY2024
Revenue
$351K
FY2024▲ +76%
Tap a bar for its year
Revenue by fiscal year
FY2020$242K
FY2021$294K
FY2022$300K
FY2023$200K
FY2024$351K
Expenses
$192K
FY2024▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$134K
FY2021$158K
FY2022$236K
FY2023$174K
FY2024$192K
Net assets
$4.1M
FY2024▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.7M
FY2021$3.8M
FY2022$3.9M
FY2023$3.9M
FY2024$4.1M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2008.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $153K Management & general 20% · $39K

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

1 person listed on the 990; $37K paid to officers and key staff.

Part VII, Section A · reportable compensation
$36,954Pt VII · Sec A

Vision Bank Trust Dept’s $37K as Trustee is at the 33rd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking 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 · 1 named individual · Part VII

NameFY2024FY2021FY2020
Vision Bank Trust Dept$36,954$28,823$30,563

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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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

Distributes income to educational, scientific, literary, and charitable groups as directed.

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Provided by the organization

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3 programs · $153K · in their own filed words · FY2024
01

To support ST luke's episcopal church

$114Kprogram expense
02

To support paws animal shelter

$20Kprogram expense
03

To also support the ecu foundation, mama T'S B&B, family crisis center, abba's tables, southern oklahoma addiction recovery, ada homeless services, mccalls chapel, ada public library, unity point counseling, ada senior care center, and casa-child care cottage.

$19Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 7 grants · $409K · 2021–2023
St Luke's Episcopal ChurchFY2023$104,243
St Luke's Episcopal ChurchFY2022$146,650
Family Crisis Center INCOK · FY2022$5,621
St Luke's Episcopal ChurchFY2021$92,082

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$351K
Ln 12
Investment incomeLn 3$326K
Other incomeLn 4–11$25K
Money outPt IX
$192K
Ln 25
Programscol B$153K
Managementcol C$39K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$4.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$326K
Other incomeLn 4–11$25K
Gains on assetsLn 7$170K
Total revenueLn 12$351K
Assets in detailPt X, end of year
CashLn 1$9K
SavingsLn 2$0
Cash and savings togetherLn 1–2$9K
InvestmentsLn 11–13$4.0M
Land, buildings, equipmentLn 10c$41K
Total assetsLn 16$4.1M
LiabilitiesLn 26$0
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$237K$9K
InvestmentsLn 11–13$3.6M$4.0M
Land, buildings, equipmentLn 10c$41K$41K
Total assetsLn 16$3.9M$4.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.9M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$153K$153K
Accounting feesLn 11c$2K$2K
Investment management feesLn 11f$37K$37K
Total functional expensesLn 25$192K$153K$39K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $351K$192K$160K$4.1M 990 PDF
FY2023 $200K$174K$26K$3.9M 990 PDF
FY2022 $300K$236K$64K$3.9M 990 PDF
FY2021 $294K$158K$136K$3.8M 990 PDF
FY2020 $242K$134K$109K$3.7M 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 $351,370 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $161,703$326,085
I-11 Other revenuePrior year $37,845$25,285
I-12 Total revenuePrior year $199,548$351,370
I-13 Grants and similar amounts paidPrior year $138,104$153,085
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $35,485$38,604
I-18 Total expensesPrior year $173,589$191,689
I-19 Revenue less expensesPrior year $25,959$159,681
Part VI · Governance 4 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $351,370 across 4 lines filed
VIII-3 Investment incomeRelated to mission $156,566$156,566
VIII-5 RoyaltiesRelated to mission $25,285$25,285
VIII-7 Net gain or loss on sales of assetsRelated to mission $169,519$169,519
VIII-12 Total revenueRelated to mission $351,370 · Unrelated business $0 · Excluded from tax $0$351,370
Part IX · Statement of functional expenses $191,689 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $153,085$153,085
IX-11c Accounting feesManagement $1,650$1,650
IX-11f Investment management feesManagement $36,954$36,954
IX-25 Total functional expensesPrograms $153,085 · Management $38,604 · Fundraising $0$191,689
Part X · Balance sheet $4,086,942 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $72,220$9,161
X-2 Savings and temporary cash investmentsStart of year $165,000$0
X-10c Land, buildings and equipment, netStart of year $41,448$41,448
X-11 Publicly traded securitiesStart of year $3,648,593$4,036,333
X-16 Total assetsStart of year $3,927,261$4,086,942
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $3,927,261$4,086,942
X-33 Total liabilities and net assetsStart of year $3,927,261$4,086,942
Part XI · Reconciliation of net assets $4,086,942 net assets at year end
XI-1 Total revenue$351,370
XI-2 Total expenses$191,689
XI-3 Revenue less expenses$159,681
XI-4 Net assets at start of year$3,927,261
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,086,942

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

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