SeeBITDAOklahoma

Zarrow Family Office, LLC

Office Administrative Services
  • 401 S Boston Ave, Suite 900, Tulsa, OK
Estimated valueMedium confidence
$2.3M
$1.2Mlikely range$3.2M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$5.7M
a year
Profit (EBITDA)
$612K
11% of revenue
Employees
14
reported in 2020
Bill Major
President · source

How we got $2.3M

Based on its 14 employees and its payroll, both reported for PPP in 2020 and brought up to date.

14 employees × $292K each$4.1M
PPP payroll ÷ payroll's usual share of revenue$6.1M
Shown toward the top of its range×1.14
Revenue$5.7M
× 11% profit margin$612K
× 3.8 sale multiple = value$2.3M

· Own this business? Correct these figures

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

What they do

The Zarrow family foundations (The Anne & Henry Zarrow Foundation and the Maxine & Jack Zarrow Family Foundation) provide grants, as indicated by pages on funding priorities, grant applications and giving highlights.

Service area
Israel

From the company's website. Industry: Office Administrative Services.

Estimated value over time

▲ 20% since 2020
$0$1.5M$3.1M2020202120222023202420252026

Today'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

▲ 0% since 2020
010202020202120222023202420251414
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan14$2.7M$287K
2020Form 550015$2.9M$307K
2021Form 550016$3.1M$328K
2022Form 550017$3.2M$348K
2023Form 550013$2.5M$266K
2024Form 550014$2.7M$287K
2025Form 550014$2.7M$287K

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.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
ZARROW FAMILY OFFICE, LLC
this business
$5.7M$612K—
CAPITAL MANAGEMENT CORPORATION
Tulsa · 33 employees
$11.4M$1.1M0.3 mi
SHOWCASE FACILITIES MANAGEMENT, LLC
Tulsa · 9 employees
$3.4M$402K0.7 mi
FIFTH AVENUE PHYSICIAN SERVICE LLC
Tulsa · 22 employees
$5.1M$548K0.7 mi
RESOURCEONE ADMINISTRATORS, INC
Tulsa · 33 employees
$8.9M$844K0.7 mi
MYHEALTH ACCESS NETWORK, INC.
Tulsa · 36 employees
$13.3M$1.2M1.7 mi
RIVER PARKS AUTHORITY
Tulsa · 17 employees
$10.3M$907K2.5 mi

The full calculation

Employees reported to the SBA14
Revenue from headcount (employees × revenue per employee for companies this size)$4.1M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$6.1M
Estimate: the two combined (geometric mean)$5.7M
EBITDA margin (industry, adjusted for size)11%
EBITDA = revenue × margin$612K

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$2.3M
Multiple for this size and industry3.8×
Value range$1.2M – $3.2M
Revenue range$3.8M – $6.5M
EBITDA range$403K – $698K
Industry (NAICS)Office Administrative Services (561110)

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

People & advisors

Leadership

  • CK
    Courtney Knoblock
    Vice President of Programs · Company website · source
  • NC
    Nancy Curry
    Senior Program Officer for Homelessness and Supportive Servi · Company website · source
  • JH
    Jeff Hall
    Senior Program Officer for Housing and Capital Development · Company website · source
  • ED
    Emily Dukes
    Senior Program Officer for Community Grantmaking · Company website · source
  • JJ
    Joshua J. Knowles
    Program Officer for Community Grantmaking · Company website · source
  • JL
    Jessica Lowe-Betts
    Director of Community Engagement · Company website · source
  • SC
    Steve Cochran
    Compliance and Risk Officer – Program Related Investments · Company website · source
  • GC
    Gillian Cawiezell
    Compliance Manager for Grants and Board Operations · Company website · source
  • LB
    Laura Blais
    Grants Manager · Company website · source
  • AB
    Amanda Biggs
    Grants Administrator · Company website · source
  • MS
    Michael Shawn Crisp
    Signed for the company · 2024 retirement-plan filing (Form 5500)

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

ApprovedDrawAmountForgivenJobsLender
4/13/2020first$313K$319K14BOKF, National Association

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Zarrow Family Office, LLC

Zarrow Family Office, LLC is an office administrative services company in Tulsa, Oklahoma. It is owned by Bill Major (President). Its estimated annual revenue is about $5.7M, with roughly $612K of EBITDA. It has about 14 employees. Its estimated business value is $2.3M (likely range $1.2M–$3.2M).

Common questions

Who owns Zarrow Family Office, LLC?
Zarrow Family Office, LLC is owned by Bill Major (President), according to public sources such as the company's website or filings.
How much revenue does Zarrow Family Office, LLC make?
SeeBITDA estimates Zarrow Family Office, LLC's annual revenue at about $5.7M (likely between $3.8M and $6.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Zarrow Family Office, LLC worth?
About $2.3M, roughly 3.8× its estimated EBITDA of $612K, typical for a office administrative services company its size. Likely range: $1.2M–$3.2M.
How many employees does Zarrow Family Office, LLC have?
About 14, from its 2025 retirement-plan filing.