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Nonprofit · EIN 73-1411520

OEC FOUNDATION INC

Tax-exempt · NORMAN, OK 73069

Financials

$285K$269K2023$292K$366K2024
Revenue Expenses · by fiscal year end
Financials of OEC FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$292,109$366,279-$74,170$246,773$0$246,773
December 31, 2023990$285,200$269,069$16,131$320,943$0$320,943
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$290,599
Program service revenue
$0
Investment income
$1,510
Other revenue
$0

Expenses

Grants and similar amounts paid
$358,212
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$358,212
Management and general (functional)
$8,067

Balance sheet and other

Total assets, start of year
$320,943
Total assets, end of year
$246,773
Total liabilities, end of year
$0
Net assets, end of year
$246,773
Net assets without donor restrictions
$246,773
Gross receipts
$292,109
Employees
0
Volunteers
10
Year formed
1992
State of legal domicile
OK

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Betty AllenDirector
Trustee or director
0$0
Vickie GrayPresident
Trustee or director
0$0
Alan DavenportDirector
Trustee or director
0$0
Pat RagsdaleSecretary
Trustee or director
0$0
Travis ScottDirector
Trustee or director
0$0
Donna McCroryDirector
Trustee or director
0$0
Jacob SmithDirector
Trustee or director
0$0
Lisa ToddVice President
Trustee or director
0$0
Brandy EverettDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Betty AllanDirector
Trustee or director
0$0
Vickie GrayDirector
Trustee or director
0$0
Alan DavenportDirector
Trustee or director
0$0
Pat RagsdaleDirector
Trustee or director
0$0
Travis ScottDirector
Trustee or director
0$0
Donna McCroryDirector
Trustee or director
0$0
Jacob SmithDirector
Trustee or director
0$0
Lisa ToddDirector
Trustee or director
0$0
Brandy EverettDirector
Trustee or director
0$0

Address and contacts

Address (IRS master file)
242 24TH AVE NW, NORMAN, OK 73069-6371
Principal officer (990 for 2024)
Sara Thomas
Signed the 990
Sara Thomas, Vice President
Phone
(405) 217-6744

Mission

The OEC Foundation provides assistance for families and organizations who need food, shelter, clothing, medical assistance and community assistance.

990 for the year ended December 31, 2024

Program accomplishments

  • The OEC Foundation provides assistance to families and organizations who need food, shelter and clothing.
    Expenses $358,212 · grants $358,212 · revenue $292,109

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-1411520
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20Z)
Assets (IRS master file)
$145,790
Income (IRS master file)
$295,970

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$292,109$366,279$246,773XML
990December 2023$285,200$269,069$320,943XML
990December 2022$276,240$225,625$304,812IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1411520).

Questions about OEC FOUNDATION INC

What is the EIN of OEC FOUNDATION INC?
The employer identification number (EIN) of OEC FOUNDATION INC is 73-1411520.
Is OEC FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to OEC FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OEC FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OEC FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OEC FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OEC FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Sara Thomas.
Who are the officers and directors of OEC FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does OEC FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $292,109, expenses of $366,279 and total assets of $246,773 at year end.

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