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Independent Finance Institute Inc

  • Ardmore, OK
  • Tax-exempt since March 1976
  • EIN: 73-1034242

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$256k (2025)

Expenses
$213k (2025)

Total Assets
$494k (2025)

Total Liabilities
$0 (2025)

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Feb.
2025

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$255,860
Expenses
$213,399
Net Income
$42,461
Net Assets
$494,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $208,688
81.6%
Program Services $43,730
17.1%
Investment Income $3,442
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $494,151
Total Liabilities $0
Net Assets $494,151
Compensation
Key Employees and Officers Compensation Related Other
Andy Doehring (Secr/Treas) $0 $0 $0
John Draude (Vice Preside) $0 $0 $0
Shari Martin (President) $0 $0 $0

Document Links

990
Filed on July 22, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Feb.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$284,826
Expenses
$214,794
Net Income
$70,032
Net Assets
$451,690
Notable Sources of Revenue Percent of Total Revenue
Contributions $253,705
89.1%
Program Services $25,537
9.0%
Investment Income $5,584
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $451,690
Total Liabilities $0
Net Assets $451,690
Compensation
Key Employees and Officers Compensation Related Other
Mark Belcher (Sec/Treasurer) $0 $0 $0
Jerry Douglas (Vice President) $0 $0 $0
James Thomas Hudgins Jr (President) $0 $0 $0

Document Links

990
Filed on Aug. 19, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Feb.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$161,744
Expenses
$173,938
Net Income
-$12,194
Net Assets
$381,658
Notable Sources of Revenue Percent of Total Revenue
Contributions $129,805
80.3%
Program Services $30,557
18.9%
Investment Income $1,382
0.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $381,658
Total Liabilities $0
Net Assets $381,658
Compensation
Key Employees and Officers Compensation Other
Mark Belcher (Sec/Treasurer) $0 $0
Jerry Douglas (Vice President) $0 $0
James Thomas Hudgins Jr (President) $0 $0

Document Links

990-EZ
Filed on July 12, 2023

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Feb.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$184,023
Expenses
$180,421
Net Income
$3,602
Net Assets
$393,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $159,494
86.7%
Program Services $24,402
13.3%
Investment Income $127
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $393,852
Total Liabilities $0
Net Assets $393,852
Compensation
Key Employees and Officers Compensation Related Other
Mark Belcher (Secr/Treas) $0 $0 $0
Jerry Douglas (Vice Preside) $0 $0 $0
James Thomas Hudgins Jr (President) $0 $0 $0

Document Links

990
Filed on Aug. 25, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$274,360
Expenses
$129,682
Net Income
$144,678
Net Assets
$390,250
Notable Sources of Revenue Percent of Total Revenue
Contributions $269,190
98.1%
Program Services $4,450
1.6%
Investment Income $720
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $390,250
Total Liabilities $0
Net Assets $390,250
Compensation
Key Employees and Officers Compensation Related Other
Mark Belcher (Secr/Treas) $0 $0 $0
Jerry Douglas (Vice Preside) $0 $0 $0
James Thomas Hudgins Jr (President) $0 $0 $0

Document Links

990
Filed on Nov. 10, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$122,962
Expenses
$117,988
Net Income
$4,974
Net Assets
$245,572
Notable Sources of Revenue Percent of Total Revenue
Contributions $106,340
86.5%
Program Services $14,895
12.1%
Investment Income $1,727
1.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $245,572
Total Liabilities $0
Net Assets $245,572
Compensation
Key Employees and Officers Compensation Other
James Thomas Hudgins Jr (President) $0 $0
Jerry Douglass (Vice President) $0 $0
Andy Doehring (Sec/Treas) $0 $0

Document Links

990-EZ
Filed on June 2, 2021

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$119,754
Expenses
$99,569
Net Income
$20,185
Net Assets
$240,598
Notable Sources of Revenue Percent of Total Revenue
Contributions $109,390
91.3%
Program Services $9,405
7.9%
Investment Income $959
0.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $240,598
Total Liabilities $0
Net Assets $240,598
Compensation
Key Employees and Officers Compensation Other
James Thomas Hudgins Jr (President) $0 $0
Jerry Douglass (Vice President) $0 $0
Mark Belcher (Sec/Treas) $0 $0

Document Links

990-EZ
Filed on June 26, 2019

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Feb.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$124,720
Expenses
$92,435
Net Income
$32,285
Net Assets
$220,413
Notable Sources of Revenue Percent of Total Revenue
Contributions $111,490
89.4%
Program Services $12,716
10.2%
Investment Income $514
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $220,413
Total Liabilities $0
Net Assets $220,413
Compensation
Key Employees and Officers Compensation Other
James Thomas Hudgins Jr (President) $0 $0
Jerry Douglass (Vice President) $0 $0
Mark Belcher (Sec/Treas) $0 $0

Document Links

990-EZ
Filed on June 25, 2018

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$121,996
Expenses
$103,765
Net Income
$18,231
Net Assets
$188,128
Notable Sources of Revenue Percent of Total Revenue
Contributions $112,320
92.1%
Program Services $9,391
7.7%
Investment Income $285
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $188,128
Total Liabilities $0
Net Assets $188,128
Compensation
Key Employees and Officers Compensation Other
James Thomas Hudgins Jr (President) $0 $0
Jerry Douglas (Vice Preside) $0 $0
Mark Belcher (Secr/Treas) $0 $0

Document Links

990-EZ
Filed on Aug. 8, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$71,055
Expenses
$87,501
Net Income
-$16,446
Net Assets
$169,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $58,475
82.3%
Program Services $12,365
17.4%
Investment Income $215
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $169,897
Total Liabilities $0
Net Assets $169,897
Compensation
Key Employees and Officers Compensation Other
James Thomas Hudgins Jr (President) $0 $0
Jerry Douglas (Vice Preside) $0 $0
Mark Belcher (Secr/Treas) $0 $0

Document Links

990-EZ
Filed on April 4, 2016

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$125,271
Expenses
$83,072
Net Income
$42,199
Net Assets
$186,343
Notable Sources of Revenue Percent of Total Revenue
Contributions $117,330
93.7%
Program Services $7,727
6.2%
Investment Income $214
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $186,343
Total Liabilities $0
Net Assets $186,343
Compensation
Key Employees and Officers Compensation Other
James Thomas Hudgins Jr (President) $0 $0
Jerry Douglas (Vice Preside) $0 $0
Mark Belcher (Secr/Treas) $0 $0

Document Links

990-EZ
Filed on June 2, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$66,857
Expenses
$82,195
Net Income
-$15,338
Net Assets
$144,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $57,885
86.6%
Program Services $8,766
13.1%
Investment Income $206
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $144,144
Total Liabilities $0
Net Assets $144,144
Compensation
Key Employees and Officers Compensation Other
James Thomas Hudgins Jr (President) $0 $0
Jerry Douglas (Vice Preside) $0 $0
Mark Belcher (Secr/Treas) $0 $0

Document Links

990-EZ
Filed on June 18, 2014

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Feb.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$55,510
Expenses
$77,347
Net Income
-$21,837
Net Assets
$159,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $320
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $159,482
Total Liabilities $0
Net Assets $159,482

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$56,201
Expenses
$53,411
Net Income
$2,790
Net Assets
$181,319
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $596
1.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $181,319
Total Liabilities $0
Net Assets $181,319

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Feb.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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