Oklahoma Native Assets Coalition Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION ASSISTS IN THE DEVELOPMENT AND SUPPORT OF A NETWORK OF NATIVE PEOPLE WHO ARE DEDICATED TO INCREASING THE SELF-SUFFICIENCY AND PROSPERITY OF THEIR COMMUNITIES. THIS IS BEING ACCOMPLISHED THROUGH COMPREHENSIVE FINANCIAL INITIATIVES.
- Income
- $1.2 million
- Spending
- $902,187
- Spent on programs
- 80%
- Reserves
- 30.6 months of spending
- Largest source of income
- donations and private grants, 94%
- Employees
- 1
- Volunteers
- 8
- Highest pay
- $199,541, president & executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 90% of charities in its peer group (community improvement, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 30.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Income trend
15 of 15Income rose 20% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 68% of charities in its peer group (community improvement, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $719,969 spent. THE ORGANIZATION ADMINISTERS SEVEN PROGRAMS: 1) ASSET-BUILDER PROFESSIONAL DEVELOPMENT AND PROGRAM DEVELOPMENT (INCLUDING NATIONAL CONFERENCE, NATIVE BANK ON ONAC/NATIONAL GET BANKED INDIAN COUNTRY CAMPAIGN, FINANCIAL EDUCATION TRAIN-THE-TRAINERS, NATIONAL CHILD TAX CREDIT OUTREACH, ASSET-BUILDING RESEARCH, THE NATIONAL NATIVE EITC/VITA NETWORK, AND FUNDING OF BANK ON ACCOUNTS, CO-CHAIRING PROJECT REACH SUBCOMMITTEE), 2) MINI GRANTS AND LARGER GRANTS TO FUND ASSET-BUILDING PROJECTS, 3) ESTABLISHING AND FUNDING EDUCATIONAL SAVINGS ACCOUNTS FOR AMERICAN INDIAN AND ALASKA NATIVE CHILDREN, 4) FUNDING EMERGENCY SAVINGS ACCOUNTS, 5) INCENTIVES FOR THOSE BUILDING AND REPAIRING CREDIT AND COMPLETING HOMEBUYER EDUCATION COURSE, 6) ONE-ON-ONE FINANCIAL COACHING, AND 7) DOWN PAYMENT ASSISTANCE. IN 2024, THE ORGANIZATION SERVED AN ESTIMATED 13,495 CONSTITUENTS WITH THE ASSET-BUILDER PROFESSIONAL DEVELOPMENT PROGRAM, MINI GRANTS WHICH SUPPORTED NATIVE VITA PROGRAMS IN THE COUNTRY, CHILDREN'S SAVINGS ACCOUNTS, EMERGENCY SAVINGS ACCOUNTS, INCENTIVE PAYMENTS, FINANCIAL COACHING, AND DOWN PAYMENT ASSISTANCE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.