P โ€” Human ServicesEIN: 270659329ยท Ruling Year: 2010

1040 Initiative

Norman, Oklahoma

CHealth Score
36C

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Below Average

๐Ÿ’ฐ
$119K
Total Revenue
๐Ÿ“Š
$580K
Total Expenses
๐Ÿฆ
$521K
Net Assets
๐Ÿ“‹
$263K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-74.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-387.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.90
Net assets divided by total expenses
Liabilities-to-Assets
33.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$118,903โ†“74%$579,591โ†‘3%$784,026โ†“33%
2022$458,522โ†“25%$563,435โ†“2%$1,177,443โ†‘7%
2021$612,805โ†‘24%$573,385โ†‘25%$1,097,742โ†‘4%
2020$492,695โ†“4%$458,936โ†“29%$1,052,382โ†‘10%
2019$514,979โ†“33%$645,642โ†“6%$958,053โ†“12%
2018$763,735โ†“19%$689,704โ†“12%$1,094,105โ†‘5%
2017$939,044โ†‘24%$779,688โ†‘21%$1,042,227โ†‘21%
2016$757,889โ†‘6%$646,911โ†“16%$863,152โ†‘16%
2015$713,159โ†“27%$769,568โ†‘21%$745,581โ†“8%
2014$977,116โ†‘22%$636,676โ†‘9%$807,439โ†‘87%
2013$800,843โ†‘43%$583,599$432,635โ†‘102%
2012$560,150โ†‘50%$583,256โ†‘108%$214,668โ†‘38%
2011$374,272$280,556$155,973

Frequently Asked Questions

What does 1040 Initiative do?โ–ผ

1040 Initiative is a human services nonprofit organization based in Oklahoma. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is 1040 Initiative financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for 1040 Initiative.

How much revenue does 1040 Initiative generate?โ–ผ

1040 Initiative reports $713K in annual revenue and holds $1.4M in total assets, based on IRS filings.

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1040 Initiative โ€” Norman, OK | GiveScope