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Oklahoma · Nonprofit

TULSA ECONOMIC DEVELOPMENT CORPORATION

TULSA ECONOMIC DEVELOPMENT CORPORATION (Oklahoma) receives grants from 9 organizations whose IRS filings report $7,788,492 to it, the largest being George Kaiser Family Foundation ($4,779,940). 3 of them have funded it in more than one year.

Revenue FY2024
$14M
Funders on record
9
Grants received
$7.8M
Net assets
$29M
3/9 repeat funderspeak grant-dependency 55%
01What it does

What Tulsa Economic Development Corporation does

Mission

Tbdc was founded in 1979 as Tulsa Economic Development Corporation, an organization charged with promoting and sustaining small business growth in tulsa.

As stated on its FY2024 Form 990.

Programs

  1. Tedc receives funding from the u.s. Department of housing & urban development's cdbg program as a city of tulsa sub-recipient, which includes reimbursements for project delivery costs.

    $763,833 spent
    31% of program spending
  2. Sba microloans - tedc has borrowed funds from the small business administration (sba) at below market interest rates. Tedc loans the funds to qualifying businesses at market rates of interest and is liable for the loans from the sba regardless of whether the loan participant repays the loan. The sba requires certain restricted cash balances to be maintained. The average loan size under this program is approximately $10,000 with a maximum loan of $50,000.

    $209,062 spent
    8% of program spending
  3. Saving our homes initiative (sohi) - sohi is a short-term program developed in collaboration with the city of tulsa to assist in clearing home titles or paying property tax (up to $4,000) for eligible low income households across the city of tulsa. Tedc connects households with tfec who offers free financial conseling sessions to improve financial outcomes.

    $279,750 spentof which $192,988 as grants
    11% of program spending
  4. Other program services, not described on the e-filed return.

    $1,220,249 spent
    49% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,472,894.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($3.0M) Net assets 100 ($14M)2018 Revenue 122 ($2.0M) Expenses 48 ($1.4M) Net assets 104 ($14M)2019 Revenue 113 ($1.8M) Expenses 47 ($1.4M) Net assets 107 ($15M)2020 Revenue 2288 ($37M) Expenses 238 ($7.1M) Net assets 323 ($45M)2021 Revenue 2029 ($33M) Expenses 1853 ($55M) Net assets 162 ($22M)2022 Revenue 380 ($6.2M) Expenses 114 ($3.4M) Net assets 181 ($25M)2023 Revenue 308 ($5.0M) Expenses 168 ($5.0M) Net assets 131 ($18M)2024 Revenue 879 ($14M) Expenses 104 ($3.1M) Net assets 212 ($29M)
'17'18'19'20'21'22'23'24
Revenue (879)Expenses (104)Net assets (212)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $15M to $65M (+320%).

$24M
$15M
$15M
$65M
$34M
$38M
$30M
$42M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 39% · 2018 56% · 2019 47% · 2020 90% · 2021 88% · 2022 52% · 2023 23% · 2024 22%. Grants only. Government contracts and fees sit inside program revenue.

89% of TULSA ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 696 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$1.4M
’17
$553k
’18
$440k
’19
$30M
’20
−$22M
’21
$2.7M
’22
−$33k
’23
$11M
’24
34
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rose Washington

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1615161616161614
Joined·+0+1+1+0+1+0+2
No longer listed·1010104
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $105k → $609k.

1 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TULSA ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TULSA ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 61% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TULSA ECONOMIC DEVELOPMENT CORPORATION.

61%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 44% · 2021 84% · 2022 64% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of TULSA ECONOMIC DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 33% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

83% of TULSA ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Oklahoma funders.

NY
OR
AR
DC
OK

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Oklahoma out of state home

Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TULSA ECONOMIC DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 659 community improvement nonprofits its size.

Operating margin78% · top quartile
Months of reserve34.4mo · top quartile
Revenue growth (annualized)36% · top quartile

this organization peer median middle 50% of peers· 659 community improvement nonprofits $10M–$100M, FY2024

Government funding TULSA ECONOMIC DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8.4M on record.

Federal$8.4M
grants $8.4Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of the Treasury$3.7M
  • Department of Commerce$3.0M
  • Small Business Administration$1.7M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like TULSA ECONOMIC DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Oklahoma

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OK

Part of a family of 2 related entities

  • Oa Ll LLC · corp_trust
  • Oasis Grocery Realty LLC · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for TULSA ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TULSA ECONOMIC DEVELOPMENT CORPORATION?
TULSA ECONOMIC DEVELOPMENT CORPORATION (Oklahoma) receives grants from 9 organizations whose IRS filings report $7,788,492 to it, the largest being George Kaiser Family Foundation ($4,779,940). 3 of them have funded it in more than one year.
How many funders does TULSA ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 9 organizations giving $7,788,492 in grants to TULSA ECONOMIC DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
Who is the largest funder of TULSA ECONOMIC DEVELOPMENT CORPORATION?
George Kaiser Family Foundation is the largest funder on record, with $4,779,940 in grants. The full list of funders is on this page.
How can an organization like TULSA ECONOMIC DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Oklahoma. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 9 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing