Nonprofit · EIN 73-1034242
INDEPENDENT FINANCE INSTITUTE INC
Tax-exempt · ARDMORE, OK 73402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2026 | 990 | $64,076 | $193,216 | -$129,140 | $365,011 | $0 | $365,011 |
| February 28, 2025 | 990 | $255,860 | $213,399 | $42,461 | $494,151 | $0 | $494,151 |
| February 29, 2024 | 990 | $284,826 | $214,794 | $70,032 | $451,690 | $0 | $451,690 |
Financial details: 990 for the year ended February 28, 2026
Revenue
- Contributions, gifts and grants
- $2,700
- Membership dues
- $2,700
- Program service revenue
- $56,600
- Investment income
- $4,776
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,307
- Travel
- $252
- Program services (functional)
- $193,216
Balance sheet and other
- Total assets, start of year
- $494,151
- Total assets, end of year
- $365,011
- Total liabilities, end of year
- $0
- Net assets, end of year
- $365,011
- Net assets without donor restrictions
- $365,011
- Gross receipts
- $64,076
- Employees
- 0
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended February 28, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDY DOEHRING | SECR/TREAS Officer | – | $0 |
| JOHN DRAUDE | VICE PRESIDE Officer | – | $0 |
| SHARI MARTIN | PRESIDENT Officer | – | $0 |
990 for the year ended February 28, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDY DOEHRING | SECR/TREAS Officer | – | $0 |
| JOHN DRAUDE | VICE PRESIDE Officer | – | $0 |
| SHARI MARTIN | PRESIDENT Officer | – | $0 |
990 for the year ended February 29, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK BELCHER | SEC/TREASURER Trustee or director, Officer | 0 | $0 |
| JERRY DOUGLAS | Vice President Trustee or director, Officer | 0 | $0 |
| JAMES THOMAS HUDGINS JR | President Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2462, ARDMORE, OK 73402-2462
- Principal officer (990 for 2025)
- SHARI MARTIN, 4101 N CLASSEN SUITE B, OKLAHOMA CITY, OK 73118
- Signed the 990
- SHARI MARTIN, PRESIDENT
- Return prepared by
- JODIE A DOUGLASS CPA INC
Mission
SEE LINE 28
Program accomplishments
- GATHERING, INTERPRETING, AND DISSEMINATION OF INFORMATION TO MEMBERS AND THE PUBLIC.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | 990 on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 73-1034242
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $365,011
- Income (IRS master file)
- $64,076
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2026 | $64,076 | $193,216 | $365,011 | XML |
| 990 | February 2025 | $255,860 | $213,399 | $494,151 | XML |
| 990 | February 2024 | $284,826 | $214,794 | $451,690 | XML |
| 990-EZ | February 2023 | – | – | – | IRS |
| 990 | February 2022 | – | – | – | IRS |
| 990 | February 2021 | – | – | – | IRS |
| 990-EZ | February 2020 | – | – | – | IRS |
| 990-EZ | February 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1034242).
Questions about INDEPENDENT FINANCE INSTITUTE INC
- What is the EIN of INDEPENDENT FINANCE INSTITUTE INC?
- The employer identification number (EIN) of INDEPENDENT FINANCE INSTITUTE INC is 73-1034242.
- Is INDEPENDENT FINANCE INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1976.
- Are donations to INDEPENDENT FINANCE INSTITUTE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INDEPENDENT FINANCE INSTITUTE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDEPENDENT FINANCE INSTITUTE INC due?
- The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT FINANCE INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2026.
- Who is the principal officer of INDEPENDENT FINANCE INSTITUTE INC?
- The 990 for the year ended February 28, 2026 names SHARI MARTIN.
- Who are the officers and directors of INDEPENDENT FINANCE INSTITUTE INC?
- The 990 for the year ended February 28, 2026 lists 3 people; 0 received compensation from the organization.
- How much revenue does INDEPENDENT FINANCE INSTITUTE INC have?
- On its 990 for the year ended February 28, 2026 it reported revenue of $64,076, expenses of $193,216 and total assets of $365,011 at year end.
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