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

Cfta INC FY2024 filing

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Supports campus facilities managers in administering complex operations. For fiscal year 2024 it reported $296K in revenue, $208K in expenses, and $185K 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 (2020–2024)
Revenue
$296KFY2024
Expenses
$208K
Net assets
$185K
People
12
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 FY2024 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
Devon Miller · President
Money in and out
$296K revenue, $208K expenses
Bottom line
+30% operating surplus
Membership & operating revenue · FY2024
Total revenue
$296K
Pt VIII · Ln 12
Total expenses
$208K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $88K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Operating surplus
+30%
revenue over expenses
Earned revenue
70%
of revenue from program services & dues
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$296K
FY2024▲ +25%
Expenses
$208K
FY2024▼ -16%
Total assets
$185K
FY2024▲ +91%
Total liabilities
$0
FY2024
Total revenue
$296K
Pt VIII · Ln 12
Total expenses
$208K
Pt IX · Ln 25
Net assets
$185K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$88K
Total assetsPt X · Ln 16$185K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

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 1a12
Independent voting membersPt VI · Ln 1b12
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
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$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 $182K of program spending, described in the organization's own filed words · FY2024.
01

Annual Conference

CFTA's primary activity is its annual conference which was attended by 157 campus members and business partners in 2024. CFTA Inc., led by the Board of Directors and a Conference Planner, completed a successful campaign securing business partners to support the mission and execute the annual conference in person, where participants…

$182Kprogram expense
02

Member programming includes monthly virtual conversations, the online membership directory, job board, and the online member forum which has 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$206K · 70%
Contributions & grants$89K · 30%
Program service revenue70%$206K
Contributions & grants30%$89K
Investment income$700
Other revenue$88
Total revenueLn 12$296K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$182K
Management & general12%$26K
Total functional expensesLn 25$208K

Balance Sheet

Part X · end of year
CashLn 1$185K
Total assetsLn 16$185K
Total liabilitiesLn 26$0
Total net assetsLn 32$185K
Months of cash on handcomputed10.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $185K · Operating expenses/yr $208K
10.7 months
Where the money goes
Program services
Program services $182K · Total expenses $208K
88%
Management & General
Management & general $26K · Total expenses $208K
12%
Fundraising
Fundraising $0 · Total expenses $208K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $59K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $89K · Total revenue $296K
30%
Government reliance
Government grants $0 · Total revenue $296K
0%
Earned-income share
Program service revenue $206K · Total revenue $296K
70%
Investment reliance
Investment income $700 · Total revenue $296K
+0.2%
Program self-sufficiency
Program service revenue $206K · Total expenses $208K
99%
Growth & trend
Revenue growth (YoY)
This year $296K · Prior year $237K
+25%
Net-asset trend (YoY)
End of year $185K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $296K · Expenses $208K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $185K
Net-asset ratio
Net assets $185K · Total assets $185K
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) $185K
0%
People & payroll
Highest Reported Total Compensation
Individual Devon Miller · Reported title President · Highest reported compensation $0 · Total expenses $208K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $208K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth 25%
Investment management fee ratio 0%
Legal fee ratio 0.1%
Accounting fee ratio 0.7%
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 · viewing · ⤓ 990 PDF
FY2023$237K revenue · ⤓ 990 PDF
FY2022$213K revenue · ⤓ 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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