SEMINOLE STATE COLLEGE EDUCATIONAL FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

SEMINOLE STATE COLLEGE EDUCATIONAL FOUNDATION INC

EIN 73-0781297 · Two-Year Colleges (B41)

What they do

Seminole State College Educational Foundation Provides Support to Seminole State College, Scholarships for Seminole State College Students, and Economic Development for Surrounding Areas.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

114.01%of revenue went to mission work95.9% of expenses · Program services

$118.84spent for every $100 of revenueSpending was higher than revenue this year.

4.84%of revenue went to management and office costs4.1% of expenses

$3.52in assets for every $1 spent this yearSome assets cannot be spent right away.

80.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $660,332 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $6,925 for KIM PRINGLE (DIRECTOR OF COMM RELATIONS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,504,315

Mission workProgram services$3,995,205114.01% of revenue95.9% of expenses

ManagementOffice and general costs$169,4424.84% of revenue4.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$4,164,647118.84% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.9% mission · 4.1% management · 0.0% fundraisingTotal expenses: 118.84% of revenue

2023Expense mix: 90.5% mission · 9.5% management · 0.0% fundraisingTotal expenses: 77.42% of revenue

2022Expense mix: 90.2% mission · 9.8% management · 0.0% fundraisingTotal expenses: 96.67% of revenue

2021Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 93.77% of revenue

2020Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 95.45% of revenue

2019Expense mix: 84.5% mission · 11.3% management · 4.2% fundraisingTotal expenses: 58.17% of revenue

2018Expense mix: 81.1% mission · 14.2% management · 4.7% fundraisingTotal expenses: 28.01% of revenue

2017Expense mix: 72.8% mission · 20.1% management · 7.1% fundraisingTotal expenses: 24.93% of revenue

Money in and money out

Revenue$3,504,315

Expenses$4,164,647

Annual shortfall $660,332 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,995,205 · 95.9% of expenses

Management and office costs$169,442 · 4.1% of expenses

See all reported dollar amounts

Revenue$3,504,315

Expenses$4,164,647

Assets$14,640,243

Income$3,808,942

Contributions$2,813,492

Mission work (program services)$3,995,205

Grants given$6,231,626

Average grant$62,946

Management and general$169,442

Stocks and bonds$2,403,347

Accounting fees$28,577

Investing fees$19,123

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KIM PRINGLEDIRECTOR OF COMM RELATIONS · 16 hrs/week $6,925Base · Other $6,925

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

KIM PRINGLEDIRECTOR OF COMM RELATIONS

RHONDA MCKEECO-CHAIR

KATHY LASTERTRUSTEE

KIMBERLY HYDENTRUSTEE

LANCE RUFFELTRUSTEE

LANCE WORTHAMCO-CHAIR

MARK SCHELLCHAIR

RAY MCQUISTONTRUSTEE

REGGIE WHITTENTRUSTEE

JOHN HARGRAVETRUSTEE

ROCKY BARRETTTRUSTEE

ROY SISCOTRUSTEE

STEVE BAGWELLTRUSTEE

STEVE DEGRAFFENREIDTRUSTEE

SUE SNODGRASSTRUSTEE

SUZANNE GILBERTTRUSTEE

TIM MATHEWSTRUSTEE

VICKIE CARTERTRUSTEE

DARREN FREDERICKTRUSTEE

ANDY TUCKERTRUSTEE

ANGI MOHRTRUSTEE

BOB SWEARINGENTRUSTEE

BRIAN NAVETRUSTEE

BROOKE CASETRUSTEE

CARLA TOLLETTTRUSTEE

CHRIS MOORETRUSTEE

DAN BORENTRUSTEE

ADAM BAKERTRUSTEE

DAVID WILSONTRUSTEE

DOUGLAS HUMPHREYSTRUSTEE

GORDON MELSONTRUSTEE

HALEY COATESTRUSTEE

JASON SMALLEYTRUSTEE

JERAMY RICHTRUSTEE

JIM HARDINTRUSTEE

About this charity

Recognized since: January 2022
Location: PO Box 351, Seminole, OK 748180351
County: Seminole
In care of: Mark Schell
Primary officer: Mark Schell, Chairman

How to reach them

WebsiteVisit the charity’s website Phone(405) 382-9218

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HINKLE & COMPANY PC
NTEE classification: Two-Year Colleges (B41)
IRS tax category: Two-Year Colleges
Grant-giving organization: Yes