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
๐ฐ
$119K
Total Revenue
๐
$580K
Total Expenses
๐ฆ
$521K
Net Assets
๐
$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| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $118,903โ74% | $579,591โ3% | $784,026โ33% | โ |
| 2022 | $458,522โ25% | $563,435โ2% | $1,177,443โ7% | โ |
| 2021 | $612,805โ24% | $573,385โ25% | $1,097,742โ4% | โ |
| 2020 | $492,695โ4% | $458,936โ29% | $1,052,382โ10% | โ |
| 2019 | $514,979โ33% | $645,642โ6% | $958,053โ12% | โ |
| 2018 | $763,735โ19% | $689,704โ12% | $1,094,105โ5% | โ |
| 2017 | $939,044โ24% | $779,688โ21% | $1,042,227โ21% | โ |
| 2016 | $757,889โ6% | $646,911โ16% | $863,152โ16% | โ |
| 2015 | $713,159โ27% | $769,568โ21% | $745,581โ8% | โ |
| 2014 | $977,116โ22% | $636,676โ9% | $807,439โ87% | โ |
| 2013 | $800,843โ43% | $583,599 | $432,635โ102% | โ |
| 2012 | $560,150โ50% | $583,256โ108% | $214,668โ38% | โ |
| 2011 | $374,272 | $280,556 | $155,973 | โ |
Frequently Asked Questions
What does 1040 Initiative do?โผ
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?โผ
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?โผ
1040 Initiative reports $713K in annual revenue and holds $1.4M in total assets, based on IRS filings.
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