Form 990 for tax year 2023
Filed by OKLAHOMA EDUCATIONAL TECHNOLOGY TR.
Totals
- Total revenue
- $2,825,221
- Total expenses
- $1,485,076
- Contributions and grants received
- $0
- Grants paid
- $1,182,500
- Program service revenue
- $0
- Investment income
- $2,825,221
- Other revenue
- $0
- Total assets, end of year
- $43,037,679
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $43,037,679
- Program services expenses (Part IX)
- $1,293,500
- Management and general expenses
- $191,576
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,293,500
Program services were 87.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $1,146,240 · excluded $1,146,240
-
7a · Gross sales of assets other than inventory
securities $12,060,903
-
7b · Less cost or other basis and sales expenses
securities $10,381,922
-
7c · Gain or loss
securities $1,678,981
-
7d · Net gain or loss
total $1,678,981 · excluded $1,678,981
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,182,500 · program services $1,182,500
-
11a · Fees: management
total $185,000 · program services $111,000 · management and general $74,000
-
11c · Fees: accounting
total $8,600 · management and general $8,600
-
11f · Fees: investment management
total $108,038 · management and general $108,038
-
24a · Other expenses: BANK CHARGES
total $938 · management and general $938
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $97,523 · end of year $73,160
-
2 · Savings and temporary cash investments
beginning of year $697,675 · end of year $697,676
-
11 · Investments: publicly traded securities
beginning of year $37,980,917 · end of year $42,266,843
-
27 · Net assets without donor restrictions
beginning of year $38,776,115 · end of year $43,037,679
Mission and programs · 2023
Mission
TO PROVIDE FUNDING FOR THE PURCHASE,INSTALLATION, AND MAINTENANCE OF INFORMATION TECHNOLOGY IN THE COMMON AND CAREERTECH SCHOOLS OF THE STATE OF OKLAHOMA; AND TO PROVIDES PROFESSIONAL DEVELOPMENT TO THE SCHOOLS TO ASSIST THEM WITH INTEGRATING THE TECHNOLOGY INTO THEIR CLASSROOMS.
Activities or mission (Part I)
TO PROVIDE FUNDING FOR THE PURCHASE, INSTALLATION, AND MAINTENANCE OF INFORMATION TECHNOLOGY IN THE COMMON AND CAREERTECH SCHOOLS OF THE STATE OF OKLAHOMA AND TO PROVIDE PROFESSIONAL DEVELOPMENT TO THE SCHOOLS TO ASSIST THEM WITH INTEGRATING THE TECHNOLOGY INTO THEIR CLASSROOMS.
-
PHASE II GRANTS GAVE 21 SCHOOLS/DISTRICTS 40,000 EACH TO IMPROVE STUDENT ACHIEVEMENT BY DEVELOPING PROFESSIONAL LEARNING COMMUNITIES USING TECHNOLOGY AS A TOOL IN AUTHENTIC LESSONS. GRANT IMPACT IN 2023; 634 TEACHERS AND 9,263 STUDENTS.
Expenses $895,500 · Grants $840,000
-
PHASE II SCHOOLS/DISTRICTS ALSO RECEIVED PROFESSIONAL DEVELOPMENT VALUED AT 25,476 PER SCHOOL. THIS TRAINING FOCUSES ON THE SPECIFIC NEEDS OF THAT SCHOOL AND COMMUNITY. GRANT IMPACT IN 2023; 634 TEACHERS; 9,263 STUDENTS.
Expenses $323,000 · Grants $267,500
-
PHASE I GRANTS PROVIDED A ONE DAY LEADERSHIP SEMINAR THAT TRAINED SUPERINTENDENTS AND ADMINISTRATORS IN COMMON SCHOOLS IN THE 10 PRACTICES OF HIGH ACHIEVING SCHOOLS AND HOW TO INTEGRATE TECHNOLOGY SEAMLESSLY INTO THE SCHOOL'S CURRICULUM DELIVERY.
Expenses $75,000 · Grants $75,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Glen AbshereGLEN ABSHERE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ann BandyANN BANDY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Phil BerkenbileDR PHIL BERKENBILE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn CrowderCAROLYN CROWDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Pam DeeringPAM DEERING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Josh McFarlandJOSH MCFARLAND
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Scott ParksSCOTT PARKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Joe SianoDR JOE SIANO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Bob StaffordBOB STAFFORD
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mark VancurrenMARK VANCURREN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
UNIVERSITY OF OKLAHOMA
$267,500
EDUCATION
-
UNIVERSITY OF OKLAHOMA
$75,000
EDUCATION
-
LINCOLN ELEMENTARY
$40,000
EDUCATION
-
LAFLORE PUBLIC SCHOOLS
$40,000
EDUCATION
-
CARNEGIE PUBLIC SCHOOLS
$40,000
EDUCATION
-
EMPIRE ELEMENTARY SCHOOL
$40,000
EDUCATION
-
TRUMAN ELEMENTARY NORMAN
$40,000
EDUCATION
-
SALLISAW PUBLIC SCHOOLS
$40,000
EDUCATION
-
CLINTON PUBLIC SCHOOLS
$40,000
EDUCATION
-
VIAN HIGH SCHOOL
$40,000
EDUCATION
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202421799349301627
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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