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
💰
$119K
Total Revenue
📊
$580K
Total Expenses
🏦
$521K
Net Assets
📋
$263K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-74.1%
Year-over-year change (2022 → 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| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $118,903↓74% | $579,591↑3% | $784,026↓33% | — |
| 2022 | $458,522↓25% | $563,435↓2% | $1,177,443↑7% | — |
| 2021 | $612,805↑24% | $573,385↑25% | $1,097,742↑4% | — |
| 2020 | $492,695↓4% | $458,936↓29% | $1,052,382↑10% | — |
| 2019 | $514,979↓33% | $645,642↓6% | $958,053↓12% | — |
| 2018 | $763,735↓19% | $689,704↓12% | $1,094,105↑5% | — |
| 2017 | $939,044↑24% | $779,688↑21% | $1,042,227↑21% | — |
| 2016 | $757,889↑6% | $646,911↓16% | $863,152↑16% | — |
| 2015 | $713,159↓27% | $769,568↑21% | $745,581↓8% | — |
| 2014 | $977,116↑22% | $636,676↑9% | $807,439↑87% | — |
| 2013 | $800,843↑43% | $583,599 | $432,635↑102% | — |
| 2012 | $560,150↑50% | $583,256↑108% | $214,668↑38% | — |
| 2011 | $374,272 | $280,556 | $155,973 | — |
Frequently Asked Questions
What does 1040 Initiative do?▼
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?▼
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?▼
1040 Initiative reports $713K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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