Oklahoma Innovative Technology Alliance
- Assets
- $26.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmond, OK
- Founding
- Data as of
- 12/2021
- EIN
- 85-1215775
Organization Overview
Oklahoma Innovative Technology Alliance is located in Edmond, OK. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Innovative Technology Alliance 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 12/2021, Oklahoma Innovative Technology Alliance generated $109.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 73.0% each year . All expenses for the organization totaled $100.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OKLAHOMA INNOVATIVE TECHNOLOGY ALLIANCE HAS BEEN FORMED TO FURTHER THE CAUSE OF INNOVATIVE TECHNOLOGY IN THE STATE OF OKLAHOMA. COLLECTIONS WILL BE USED TO FUND RESEARCH, EDUCATION AND NETWORKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Robins President | 10 | $34,200 | |
Bryan Clifton Chairman | 10 | $0 | |
Michael Thomas Director | 10 | $0 | |
Donovan Farrow Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $109,200 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,202 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,200 |
| Professional fees and other payments to independent contractors | $49,017 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,372 |
| Total expenses | $100,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,192 |
| Other assets | $0 |
| Total assets | $26,192 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,192 |
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