Oklahoma Society Of Certified Public Accountants is located in Oklahoma City, OK. The organization was established in 1986. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Oklahoma Society Of Certified Public Accountants is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 04/2022, Oklahoma Society Of Certified Public Accountants generated $53.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $58.2k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUING PROFESSIONAL EDUCATION - THE CHAPTERS PROVIDE MANY EDUCATIONAL PROGRAMS AND MEETINGS FOR MEMBERS OF THE ACCOUNTING PROFESSION AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUING PROFESSIONAL EDUCATION
GRANTS TO COLLEGE STUDENTS IN OKLAHOMA WITH A MAJOR IN ACCOUNTING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William E Beau Barnes CPA Director | OfficerTrustee | 0 | $0 |
Mark R Walters CPA Director | OfficerTrustee | 0 | $0 |
David M Mike Denney CPA Director | OfficerTrustee | 0 | $0 |
Larry T Smith CPA Director | OfficerTrustee | 0 | $0 |
Gerald D Dean Mills CPA Director | OfficerTrustee | 0 | $0 |
Aaron Jaqua Director | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
Total Program Service Revenue | $52,075 |
Investment income | $3,622 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$2,466 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $53,731 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,651 |
Grants and other assistance to domestic individuals. | $10,500 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,435 |
Office expenses | $5,423 |
Information technology | $6,900 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,302 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,970 |
All other expenses | $0 |
Total functional expenses | $58,158 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $79,929 |
Savings and temporary cash investments | $72,991 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $275 |
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 | $1,204 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $145,843 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $300,242 |
Accounts payable and accrued expenses | $680 |
Grants payable | $0 |
Deferred revenue | $12,990 |
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 | $13,670 |
Net assets without donor restrictions | $0 |
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 | $286,572 |
Total liabilities and net assets/fund balances | $300,242 |
Over the last fiscal year, we have identified 1 grants that Oklahoma Society Of Certified Public Accountants has recieved totaling $2,700.
Awarding Organization | Amount |
---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $2,700 |
Organization Name | Assets | Revenue |
---|---|---|
Builders Association Of Kansas City Kansas City, MO | $9,644,021 | $4,877,663 |
Colorado Society Of Certified Public Accountants Englewood, CO | $3,772,280 | $3,880,058 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Austin, TX | $9,333,224 | $3,768,938 |
Houston Chapter Associated General Contractors Of America Inc Houston, TX | $4,720,560 | $2,138,719 |
Oklahoma Society Of Certified Public Accountants Oklahoma City, OK | $3,852,398 | $2,628,123 |
Distribution Contractors Association Richardson, TX | $5,080,908 | $2,333,132 |
Engineering And Construction Contracting Association Katy, TX | $871,347 | $1,930,374 |
Association Of Oklahoma General Contractors Inc Oklahoma City, OK | $2,476,177 | $1,830,587 |
Arkansas Trucking Association Inc Little Rock, AR | $2,123,408 | $2,230,040 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe San Antonio, TX | $2,873,380 | $2,131,978 |
Houston Contractors Association Houston, TX | $1,841,017 | $1,844,880 |
Kansas Contractors Association Inc Topeka, KS | $2,245,658 | $1,832,731 |