Katheryne B Payne Education Center
- Assets
- $2.9m
- Revenue
- $809.9k
- Investments
- $2.4m
- Employees
- 23
- Location
- Oklahoma City, OK
- Founding
- 01/1986
- Data as of
- 08/2021
- EIN
- 73-1254896
Organization Overview
Katheryne B Payne Education Center is located in Oklahoma City, OK. The organization was established in 1986. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 08/2021, Katheryne B Payne Education Center employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Katheryne B Payne Education Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Katheryne B Payne Education Center generated $809.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $721.4k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KATHERYNE B. PAYNE EDUCATION CENTER, INC. SERVES TEACHERS ACROSS OKLAHOMA BY TRAINING IN ALPHABETIC PHONICS, FULL RANGE OF LANGUAGE ARTS PROGRAMS AND LANGUAGE BASICS ELEMENTARY. THE CENTER TRAINING PROGRAM IS ACCREDITED BY THE INTERNATIONAL MULTISENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KATHERYNE B. PAYNE EDUCATION CENTER, INC. SERVES TEACHERS ACROSS OKLAHOMA BY TRAINING IN ALPHABETIC PHONICS, FULL RANGE OF LANGUAGE ARTS PROGRAMS AND LANGUAGE BASICS ELEMENTARY. THE CENTER TRAINING PROGRAM IS ACCREDITED BY THE INTERNATIONAL MULTISENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL. TRAINING TEACHERS TO TEACH THE BASIC LANGUAGE SKILLS TO INDIVIDUALS WITH LANGUAGE LEARNING DIFFERENCES, PARTICULARLY DYSLEXIA. ESTABLISHED 36 YEARS AGO BY PARENTS SEEKING SOLUTIONS TO THEIR CHILDREN'S READING DIFFICULTIES, THE PAYNE EDUCATION CENTER IS COMMITTED TO ENSURING THAT "NO CHILD SHOULD STRUGGLE TO READ". THE ORGANIZATION TRAINED 1,112 EDUCATORS, PROFESSIONALS AND ADVOCATES AND PROVIDED MORE THAN 1,355 HOURS OF REFERRAL SERVICES IN FISCAL YEAR 2021.
KATHERYNE B. PAYNE EDUCATION CENTER, INC. SERVES TEACHERS ACROSS OKLAHOMA BY TRAINING IN STRUCTURED LITERACY, INCLUDING A FULL RANGE OF LANGUAGE ARTS PROGRAMS AND SCIENCE OF READING CURRICULUM PROGRAMS. THE CENTER TRAINING PROGRAM IS ACCREDITED BY THE INTERNATIONAL MULTISENSORY STRUCTURED LANGUAGE EDUCATION COUNCIL. TRAINING TEACHERS TO TEACH THE BASIC LANGUAGE SKILLS TO INDIVIDUALS WITH LANGUAGE LEARNING DIFFERENCES, PARTICULARLY DYSLEXIA. ESTABLISHED 36 YEARS AGO BY PARENTS SEEKING SOLUTIONS TO THEIR CHILDREN'S READING DIFFICULTIES, THE PAYNE EDUCATION CENTER IS COMMITTED TO ENSURING THAT "NO CHILD SHOULD STRUGGLE TO READ". THE ORGANIZATION TRAINED 1,112 EDUCATORS, PROFESSIONALSAND ADVOCATES AND PROVIDED MORE THAN 1,355 HOURS OF REFERRAL SERVICES IN FISCAL YEAR 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcy Kenney Secretary | OfficerTrustee | 1 | $0 |
Melanie Gee Hanstein Treasurer | OfficerTrustee | 2 | $0 |
Lynne Schonacher Chair Elect | OfficerTrustee | 4 | $0 |
Peggy Duncan Member | Trustee | 1 | $0 |
Becky Brewer Member | Trustee | 1 | $0 |
Steve Krause MD Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $30,100 |
| Related organizations | $0 |
| Government grants | $111,378 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,940 |
| Noncash contributions included in lines 1a–1f | $3,650 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $349,418 |
| Total Program Service Revenue | $275,594 |
| Investment income | $32,087 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $82,896 |
| Net Income from Fundraising Events | $37,538 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $32,617 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $809,877 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $357,566 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,972 |
| Payroll taxes | $32,811 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| Fees for services: Accounting | $19,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,461 |
| Fees for services: Other | $3,212 |
| Advertising and promotion | $3,703 |
| Office expenses | $16,497 |
| Information technology | $12,873 |
| Royalties | $760 |
| Occupancy | $53,320 |
| Travel | $33,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,940 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,923 |
| Insurance | $6,392 |
| All other expenses | $0 |
| Total functional expenses | $721,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $283,108 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $90,415 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,684 |
| Prepaid expenses and deferred charges | $41,871 |
| Net Land, buildings, and equipment | $16,685 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,400,152 |
| Investments—program-related | $32,048 |
| Intangible assets | $7,000 |
| Other assets | $0 |
| Total assets | $2,894,963 |
| Accounts payable and accrued expenses | $24,773 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $24,773 |
| Net assets without donor restrictions | $1,939,653 |
| Net assets with donor restrictions | $930,537 |
| 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 | $2,894,963 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Katheryne B Payne Education Center has recieved totaling $46,790.
| Awarding Organization | Amount |
|---|---|
Robert & Blanche Gordon Family Affiliated Fund Of The Oklahoma Oklahoma City, OK PURPOSE: General Purposes | $16,030 |
Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc Oklahoma City, OK PURPOSE: EDUCATIONAL INSTITUTIONS & RELATED ACTIVITIES | $15,000 |
Oklahoma City Community Foundation Inc Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $8,105 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $7,655 |
Endowment Analysis
| Beg. Balance | $2,137,277 |
| Earnings | $114,984 |
| Other Expense | $13,461 |
| Ending Balance | $2,400,152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Service Center Region Xiii Austin, TX | $57,202,932 | $81,882,395 |
Life School Of Dallas Red Oak, TX | $119,776,308 | $72,202,880 |
Classical Academy Colorado Springs, CO | $97,154,437 | $39,391,484 |
Austin Achieve Public Schools Inc Austin, TX | $59,873,760 | $31,154,261 |
National Math And Science Initiative Inc Dallas, TX | $26,216,573 | $26,013,416 |
Wayside Schools Austin, TX | $44,220,999 | $24,827,897 |
Arkansas Connections Academy Inc Bentonville, AR | $3,114,083 | $20,599,824 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Austin Trinity School Austin, TX | $48,197,793 | $16,908,197 |
Arlington Classics Academy Arlington, TX | $32,317,939 | $15,087,121 |
Texas Coalition For Animal Protection Fort Worth, TX | $9,140,859 | $14,917,183 |