2025-05-14T20:06:17-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 731019001 PANHANDLE STATE FOUNDATION PANH 5803491394 PO BOX 430 GOODWELL OK 73939 CHYANNA BLACK EXECUTIVE DIRECTOR 5803491394 2025-05-13 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-05-09 2024 2025-03-06 01:10:19Z CHYANNA BLACK PO BOX 430 GOODWELL OK 73939 19952985 0 X WWW.OPSU.EDU X 1961 OK PROVIDES SCHOLARSHIPS AND GENERAL SUPPORT FOR THE OKLAHOMA PANHANDLE STATE UNIVERSITY. 20 19 1 22 0 0 1231784 837850 0 0 968228 2384299 8091 1000 2208103 3223149 615537 279302 0 0 63386 110146 0 0 0 94785 118214 773708 507662 1434395 2715487 21390744 22960744 263535 268848 21127209 22691896 TO PROVIDE EDUCATIONAL EXPERIENCES THAT ARE DESIGNED TO ENRICH THE PERSONAL LIVES OF STUDENTS AND TO PREPARE THEM FOR ROLES IN AGRICULTURE, BUSINESS, EDUCATION, GOVERNMENT, AND INDUSTRY. 0 0 197741 THE FOUNDATION PROVIDES FUNDING TO THE OKLAHOMA PANHANDLE STATE UNIVERSITY TO SUPPORT VARIOUS EDUCATION PROGRAMS AND PROJECTS. 279302 279302 THE FOUNDATION PROVIDES FUNDING TO THE OKLAHOMA PANHANDLE STATE UNIVERSITY (OPSU) FOR STUDENT SCHOLARSHIPS. GENERAL DONATIONS TO OPSU FOR SCHOLARSHIPS: $115,000OPSU SELECTS THE SCHOLARSHIP RECIPIENTS.FOUNDATION PROGRAM AND ENDOWMENT SCHOLARSHIPS: $164,302THE FOUNDATION SELECTS SCHOLARSHIP RECIPIENTS THROUGH AN APPLICATION PROCESS AND DONOR CRITERIA. THE TOTAL NUMBER OF SCHOLARSHIPS AWARDED BY THE FOUNDATION IN SPRING 2024 WAS 118. 477043 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 OK X CHYANNA BLACK 5803491394 PO BOX 430 GOODWELL OK 73939 X TRAVIS WOLF PRESIDENT AS OF APRIL 2024 2.00 X X 0 0 0 JIM QUIMBY DIRECTOR (PRESIDENT UNTIL APR 2024) 2.00 X X 0 0 0 SHAREN WILSON 2ND VICE PRESIDENT 2.00 X X 0 0 0 DIANE MURPHEY 1ST VICE PRESIDENT 2.00 X X 0 0 0 CHYANNA BLACK EXECTIVE DIRECTOR 40.00 X X 0 0 0 JACK STRAIN DIRECTOR 1.00 X 0 0 0 MIKE ROBERSTON DIRECTOR 1.00 X 0 0 0 LOUISE WYRICK DIRECTOR 1.00 X 0 0 0 LLOYD LOOPER DIRECTOR 1.00 X 0 0 0 JOHN LUKE FREEMAN DIRECTOR (UNTIL APRIL 2024) 1.00 X 0 0 0 KIM PETERSON DIRECTOR 1.00 X 0 0 0 JIM OBLANDER DIRECTOR 1.00 X 0 0 0 DONNA LOGAN DIRECTOR 1.00 X 0 0 0 DAVID PETTY DIRECTOR 1.00 X 0 0 0 CAROL ALTOM DIRECTOR 1.00 X 0 0 0 ZAC PERKINS DIRECTOR 1.00 X 0 0 0 TROY MORRIS DIRECTOR (UNTIL APRIL 2024) 1.00 X 0 0 0 LAYNE GREESON DIRECTOR (UNTIL APRIL 2024) 1.00 X 0 0 0 DR KENNETH WOODWARD DIRECTOR (UNTIL APRIL 2024) 1.00 X 0 0 0 ROGER MCKINNON DIRECTOR 1.00 X 0 0 0 RUSSELL EDENBOROUGH DIRECTOR 1.00 X 0 0 0 TODD MASON DIRECTOR 2.00 X 0 0 0 BENNY DAIN DIRECTOR 2.00 X 0 0 0 MEAGAN GREESON EX-OFFICIO - ALUMNI TREASURER 1.00 X 0 0 0 KATIE QUEBEDEAUX EX-OFFICIO - ALUMNI PRESIDENT 1.00 X 0 0 0 0 0 0 837850 496471 837850 705881 705881 1000 1000 18408254 16729836 1678418 1678418 1678418 3223149 0 0 2385299 115000 115000 164302 164302 45062 41908 3154 49579 46108 3471 15505 14420 1085 2205 2205 12007 12007 1008 1008 1617 1617 8276 8276 911 911 OTHER EXPENSES 60719 54647 6072 RODEO EXPENSES 31471 31471 507662 477043 30619 0 490545 675746 591112 441112 10000 10000 10000 19141870 20356025 667678 940000 489539 537861 21390744 22960744 1269 19662 262266 238536 0 10650 263535 268848 X 4801620 5113757 16325589 17578139 21127209 22691896 21390744 22960744 X 2715487 -1195280 44480 X 0 1 X 0 0 X 1103128 1052676 1019722 1234434 837850 5247810 21015 21015 1103128 1052676 1040737 1234434 837850 5268825 965305 4303520 580191 993705 777350 655158 706881 3713285 8982110 0.47910 0.62190 X PART II, SHORT YEAR EXPLANATION: THIS RETURN IS FOR THE SHORT PERIOD OF 1/1/2024 TO 6/30/2024. THE ORGANIZATION CHANGED FROM A CALENDAR YEAR TO A FISCAL YEAR EFFECTIVE AS OF 6/30/2024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 15879543 837850 1140048 279302 17578139 12434757 1208564 1776547 459675 14960193 13192486 132394 -890123 12434757 0.03000 0.97000 1 0 10000 10000 10000 DUE TO UNIVERSITY 10650 10650 X 5570637 67684 2279804 2347488 3223149 0 3223149 1626263 1118601 1118601 507662 0 507662 PART IV, LINE 2B: THE FOUNDATION HOLDS FUNDS AS CUSTODIAN FOR THE ALUMNI ASSOCIATION. PART V, LINE 4: THE ENDOWMENT FUND IS DESIGNATED FOR STUDENT SCHOLARSHIPS AT THE OKLAHOMA PANHANDLE STATE UNIVERSITY. PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIFFERENCE DUE TO FINANACIAL STATEMENTS 18 MONTH PERIOD 2,231,482. CHANGE IN TRUST VALUE 48,322. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIFFERENCE DUE TO FINANACIAL STATEMENTS 18 MONTH PERIOD 1,114,759. EXPENSE ON BOOKS NOT 990 3,842. 1 OKLAHOMA PANHANDLE STATE UNIVERSITY PO BOX 430 GOODWELL OK 73939 736017987 115000 0 FUNDS FOR OPSU SCHOLARSHIPS 1 SCHOLARSHIPS FOR TUITION IN SPRING 2024 118 164302 PART I, LINE 2: THE FOUNDATION ONLY PROVIDES DONATIONS TO ITS RELATED ENTITY, OKLAHOMA PANHANDLE STATE UNIVERSITY (OPSU), AND THUS DOES NOT TRACK THE FUNDS GIVEN AFTER DISBURSEMENTS HAVE BEEN MADE. THE UNIVERSITY USES SPECIFIC CRITERIA AS DIRECTED BY DONORS TO DETERMINE WHICH STUDENTS ARE QUALIFIED FOR AND AWARDED SCHOLARSHIPS. THE SCHOLARSHIPS ARE OFFERED TO ALL STUDENTS WHO WILL BE ATTENDING OPSU. APPLICATIONS ARE ACCEPTED ONCE A YEAR. X 1 465000 COMPARABLE SALES X 2 6338 COMPARABLE SALES X ITEMS DONATED FOR RODEO- HAY, WHEAT, OATS, ALFALFA, SUNFLOWER SEEDS 10 22283 COMPARABLE SALES X 2 BROWN GELDINGS 2 2850 COMPARABLE SALES 1 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS LISTED IN COLUMN B REPRESENTS THE NUMBER OF DONORS. FORM 990, PART VI, SECTION B, LINE 11B CHYANNA BLACK, EXECUTIVE DIRECTOR, PERFORMS AN INITIAL REVIEW OF THE RETURN. THE RETURN IS THEN PROVIDED TO BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15A THE FOUNDATION'S BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE FOUNDATION AND DOCUMENTS THE PROCESS IN THE BOARD MEETING MINUTES. THE BOARD OF DIRECTORS CONSULTS WITH THE OPSU PRESIDENT AND USES COMPARABILITY DATA BASED ON OTHER COMPARABLE DIRECTOR POSITIONS WITHIN THE UNIVERSITY. PERIODIC COST OF LIVING RAISES ARE GIVEN AT THE DISCRETION OF THE BOARD DURING THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND ARE AVAILABLE BY REQUEST FROM THE FOUNDATION OFFICE. FORM 990, PART VII THE EXECUTIVE DIRECTOR'S SALARY IS NOT REPORTED ON PART VII SINCE THE SHORT PERIOD DOES NOT INCLUDE THE CALENDAR YEAR END. FORM 990, PART XI, LINE 9: CHANGE IN VALUE - MITCHELL 48,322. TRANSFER OF EARNINGS ON ALUMNI FUNDS TO THE ALUMNI ASSOCIATION -3,842. OKLAHOMA PANHANDLE STATE UNIVERSITY PO BOX 430 GOODWELL OK 73939 736017897 HIGHER EDUCATION OK PUBLIC UNIVERSITY N/A 0 ALLIE MITCHELL CHARITABLE REMAINDER UNITRUST SCHOLARSHIP GRANTS OK T 12108 494933 1.00000 0 0 1 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 0 0