National Guard Association Of Oklahoma Inc
- Assets
- $255.7k
- Revenue
- $172.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Oklahoma City, OK
- Founding
- 06/1968
- Data as of
- 12/2022
- EIN
- 73-0763045
Organization Overview
National Guard Association Of Oklahoma Inc is located in Oklahoma City, OK. The organization was established in 1968. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, National Guard Association Of Oklahoma Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Guard Association Of Oklahoma Inc is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 12/2022, National Guard Association Of Oklahoma Inc generated $172.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $196.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NATIONAL GUARD ASSOCIATION OF OKLAHOMA, INC. WAS INCORPORATED JULY 30, 1973 FOR THE PURPOSES OF: 1. PROMOTION OF ADEQUATE STATE AND NATIONAL SECURITY, 2. FOSTER WORK TO IMPROVE THE NATIONAL GUARD OF OKLAHOMA AND THE UNITED STATES AS A COMPONENT OF THE TOTAL ARMED FORCES OF THE UNITED STATES, 3. PROMOTE A SENSE OF COMRADESHIP AND ESPIRT DE CORPS AMOUNG ALL GUARDSMEN, AND 4. TO DEVELOP AND PRESENT TO ALL CITIZENS OF OKLAHOMA, TRUE INFORMATION AND KNOWLEDGE ABOUT THE ARMY AND AIR NATIONAL GUARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP DEVELOPMENT AND SUPPORT OF OKLAHOMA NATIONAL GUARDSMEN.
PROVISION OF LIFE INSURANCE OPTIONS FOR NATIONAL GUARDSMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Johnny Danrich III Executive Di | OfficerTrustee | 40 | $60,833 |
Lynn Loveless Finance Mana | OfficerTrustee | 2 | $2,996 |
Bradley J Barrick Director | Trustee | 1 | $0 |
Christopher Buck Board Vp- Ar | OfficerTrustee | 1 | $0 |
Stephanie Cowart Director | Trustee | 1 | $0 |
Trinity Fleur Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $42,376 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,401 |
| Total Program Service Revenue | $56,192 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,829 |
| Compensation of current officers, directors, key employees. | $6,383 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,000 |
| Payroll taxes | $5,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,529 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,284 |
| Travel | $791 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $73,016 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $508 |
| Insurance | $1,053 |
| All other expenses | $2,509 |
| Total functional expenses | $196,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,472 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,311 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,585 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $145,378 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $255,746 |
| Accounts payable and accrued expenses | $25,853 |
| Grants payable | $0 |
| Deferred revenue | $1,433 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $27,286 |
| Net assets without donor restrictions | $228,460 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $255,746 |