Cfta INC EIN 85-2500679 Form 990 (PDF) Claim this org

Cfta INC FY2022 filing

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Supports campus facilities managers in administering complex operations. For fiscal year 2022 it reported $213K in revenue, $155K in expenses, and $108K in net assets.Pt I

Founded
2020
Type
Business league / trade association · Community Development
Location
Oklahoma City, OK
Website
www.cfta.org
Filings
6 on file (2020–2022)
Revenue
$213KFY2022
Expenses
$155K
Net assets
$108K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  85-2500679 Business league / trade association Oklahoma City, OK Founded 2020
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Supports campus facilities managers in administering complex operations.
Leadership
Gabriel Armas · Director
Money in and out
$213K revenue, $155K expenses
Bottom line
+28% operating surplus
Membership & operating revenue · FY2022
Total revenue
$213K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$108K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $59K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.20 Fundraising $0.06
Operating surplus
+28%
revenue over expenses
Earned revenue
92%
of revenue from program services & dues
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$213K
FY2022▲ +281%
Expenses
$155K
FY2022▲ ×22
Total assets
$108K
FY2022▲ +120%
Total liabilities
$0
FY2022
Total revenue
$213K
Pt VIII · Ln 12
Total expenses
$155K
Pt IX · Ln 25
Net assets
$108K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$59K
Total assetsPt X · Ln 16$108K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCfta INC
EINHdr · item D85-2500679
Principal addressHdr · item COklahoma City, OK
WebsiteHdr · item Jwww.cfta.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MOK
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFFeb 2021

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
Director
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Cfta INC executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $114K of program spending, described in the organization's own filed words · FY2022.
01

Annual Conference

CFTA Inc. led by the Executive Director and Board of Directors completed a successful campaign securing business partners to support the mission and execute the annual conference in person, where participants engaged in educational sessions, hands on learning, professional networking, and activities to strengthen the CFTA professional…

$114Kprogram expense
02

Member programming includes monthly virtual conversations, the online membership directory, job board, and the new online member forum which have continued to gain momentum as a year round resource for campus members and business partners to share solutions, discuss critical topics of the industry, grow their careers, and network for…

Pt IX · col B
03

.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$196K · 92%
Contributions & grants$15K · 7%
Other revenue$3K · 1%
Program service revenue92%$196K
Contributions & grants7%$15K
Other revenue1%$3K
Total revenueLn 12$213K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.20 Fundraising $0.06
Program services74%$114K
Management & general20%$31K
Fundraising6%$9K
Total functional expensesLn 25$155K

Balance Sheet

Part X · end of year
CashLn 1$108K
Total assetsLn 16$108K
Total liabilitiesLn 26$0
Total net assetsLn 32$108K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $108K · Operating expenses/yr $155K
8.4 months
Where the money goes
Program services
Program services $114K · Total expenses $155K
74%
Management & General
Management & general $31K · Total expenses $155K
20%
Fundraising
Fundraising $9K · Total expenses $155K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $12K
$0.24 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $15K · Total revenue $213K
7%
Government reliance
Government grants $0 · Total revenue $213K
0%
Earned-income share
Program service revenue $196K · Total revenue $213K
92%
Investment reliance
Investment income $0 · Total revenue $213K
0%
Program self-sufficiency
Program service revenue $196K · Total expenses $155K
127%
Growth & trend
Revenue growth (YoY)
This year $213K · Prior year $56K
+281%
Net-asset trend (YoY)
End of year $108K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $213K · Expenses $155K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $108K
Net-asset ratio
Net assets $108K · Total assets $108K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $108K
0%
People & payroll
Highest Reported Total Compensation
Individual Gabriel Armas · Reported title Director · Highest reported compensation $0 · Total expenses $155K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $155K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 20%
Fundraising cost ratio 60%
Revenue growth 281%
Investment management fee ratio 0%
Legal fee ratio 0.02%
Accounting fee ratio 1%
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.

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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)$215K revenue · ⤓ 990 PDF
FY2024$296K revenue · ⤓ 990 PDF
FY2023$237K revenue · ⤓ 990 PDF
FY2022$213K revenue · viewing · ⤓ 990 PDF
FY2021$56K revenue · ⤓ 990 PDF
FY2020$25 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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