Woodrum, Tate & Associates, PLLC
- Tom TatePartner · Company website, Form 5500 (2024)
- Shawna RobinsonPartner · Company website
How we got $2.5M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 21% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 25% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 12 | $1.2M |
| 2020 | Form 5500 | 12 | $1.2M |
| 2021 | Form 5500 | 16 | $1.7M |
| 2022 | Form 5500 | 17 | $1.8M |
| 2023 | Form 5500 | 15 | $1.6M |
| 2024 | Form 5500 | 15 | $1.6M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale High sell likelihood
- In business 42 years (since 1984)
- Founder still runs it after 42 years
- No family successor named on its website
From public records and the company's website, not a statement that it's for sale.
What they do
Woodrum, Tate & Associates, PLLC is a full-service financial consulting and accounting firm founded in 1984, offering services for individual and business clients.
From the company's website. Industry: Accounting & tax.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WOODRUM, TATE & ASSOCIATES, PLLC this business | $3.2M | — |
| Agos Group Tulsa | $735K | 0.0 mi |
| COLLINS SIMS SERVICES LLC Tulsa · 3 employees | $705K | 0.0 mi |
| Vertices Tulsa | $735K | 0.2 mi |
| CAUSON & WESTHOFF, CPA'S PC Tulsa · 3 employees | $576K | 0.2 mi |
| Blue Link Fiber Inc Tulsa | $735K | 0.4 mi |
| MARY PANG CPA, PLLC Tulsa · 1 employees | $243K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.8M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $4.3M |
| Estimate: the two combined (geometric mean) | $3.2M |
| EBITDA margin (industry, adjusted for size) | 18% |
| EBITDA = revenue × margin | $570K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $2.5M |
| Multiple for this size and industry | 4.3× |
| Value range | $1.3M – $3.4M |
| Revenue range | $2.1M – $3.6M |
| EBITDA range | $375K – $650K |
| Industry (NAICS) | Other Accounting Services (541219) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Founded in 1984, we take pride in providing the experience of 30+ years of top-tier service, attention to detail, and unparalleled financial understanding of your business and its needs.”
Advisors
- BankingBOKF, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BOKF, National Association PPP 2020 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $229K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Woodrum, Tate & Associates, PLLC
Woodrum, Tate & Associates, PLLC is an accounting & tax company in Tulsa, Oklahoma, in business since 1984. It is owned by Clayton Woodrum (Founder). Its estimated annual revenue is about $3.2M, with roughly $570K of EBITDA. It has about 15 employees. Its estimated business value is $2.5M (likely range $1.3M–$3.4M).
Common questions
- Who owns Woodrum, Tate & Associates, PLLC?
- Woodrum, Tate & Associates, PLLC is owned by Clayton Woodrum (Founder), according to public sources such as the company's website or filings.
- How much revenue does Woodrum, Tate & Associates, PLLC make?
- SeeBITDA estimates Woodrum, Tate & Associates, PLLC's annual revenue at about $3.2M (likely between $2.1M and $3.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Woodrum, Tate & Associates, PLLC worth?
- About $2.5M, roughly 4.3× its estimated EBITDA of $570K, typical for a accounting & tax company its size. Likely range: $1.3M–$3.4M.
- How many employees does Woodrum, Tate & Associates, PLLC have?
- About 15, from its 2024 retirement-plan filing.
- When was Woodrum, Tate & Associates, PLLC founded?
- Woodrum, Tate & Associates, PLLC has been in business since 1984.
- Is Woodrum, Tate & Associates, PLLC for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 42 years (since 1984); founder still runs it after 42 years; no family successor named on its website.