Civic Intelligence

Midco Inc

990 • Fiscal year 2018 • EIN 03-0421777

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 09, 2018

PO Box 85Chelsea, OK 74016-0085

(918) 789-5900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.11x

Higher debt load relative to assets than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.13x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

45th percentile

1.3%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

81st percentile

39%

Faster asset growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$8,816

Up $2,480 (+39%) from 2017

Net Assets

Up

-$18,583

Up $1,990 (+9.7%) from 2017

Liabilities

Up

$27,399

Up $490 (+1.8%) from 2017

Revenue

Down

$204,876

Down $36,493 (-15%) from 2017

Expenses

Down

$202,248

Down $44,447 (-18%) from 2017

Net Income

Up

$2,628

Up $7,954 (+149%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2013: $8,065Liabilities 2013: $25,177Net Assets 2013: -$17,1122013Assets 2014: $925Liabilities 2014: $24,337Net Assets 2014: -$23,4122014Assets 2015: $9,189Liabilities 2015: $26,610Net Assets 2015: -$17,4212015Assets 2016: $11,246Liabilities 2016: $27,632Net Assets 2016: -$16,3862016Assets 2017: $6,336Liabilities 2017: $26,909Net Assets 2017: -$20,5732017Assets 2018: $8,816Liabilities 2018: $27,399Net Assets 2018: -$18,5832018Assets 2019: $12,111Liabilities 2019: $43,176Net Assets 2019: -$31,0652019Assets 2020: $30,107Liabilities 2020: $44,002Net Assets 2020: -$13,8952020Assets 2021: $54,282Liabilities 2021: $0Net Assets 2021: $54,2822021Assets 2022: $103,432Liabilities 2022: $0Net Assets 2022: $103,4322022Assets 2023: $124,087Liabilities 2023: $0Net Assets 2023: $124,0872023Assets 2024: $130,597Liabilities 2024: $0Net Assets 2024: $130,5972024Assets 2025: $134,422Liabilities 2025: $0Net Assets 2025: $134,4222025

Highlighted filing

2018

Assets$8,816
Liabilities$27,399
Net Assets-$18,583

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2013: $331,331Expenses 2013: $304,570Net Income 2013: $26,7612013Revenue 2014: $251,193Expenses 2014: $257,493Net Income 2014: -$6,3002014Revenue 2015: $269,321Expenses 2015: $263,330Net Income 2015: $5,9912015Revenue 2016: $275,541Expenses 2016: $274,506Net Income 2016: $1,0352016Revenue 2017: $241,369Expenses 2017: $246,695Net Income 2017: -$5,3262017Revenue 2018: $204,876Expenses 2018: $202,248Net Income 2018: $2,6282018Revenue 2019: $167,611Expenses 2019: $180,093Net Income 2019: -$12,4822019Revenue 2020: $160,166Expenses 2020: $142,996Net Income 2020: $17,1702020Revenue 2021: $173,767Expenses 2021: $105,590Net Income 2021: $68,1772021Revenue 2022: $198,049Expenses 2022: $148,899Net Income 2022: $49,1502022Revenue 2023: $219,997Expenses 2023: $199,342Net Income 2023: $20,6552023Revenue 2024: $202,632Expenses 2024: $196,140Net Income 2024: $6,4922024Revenue 2025: $186,134Expenses 2025: $182,309Net Income 2025: $3,8252025

Highlighted filing

2018

Revenue$204,876
Expenses$202,248
Net Income$2,628
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$204,876
Mission and Program Overview

Mission

The organization provides meaningful employment for people with disabilities in retail sales and labor in various industries

The organization provides meaningful employment for people with disabilities in retail sales and labor in various industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,336$8,246▲ $1,910
Accounts Receivable-$570-
Total Assets$6,336$8,816▲ $2,480
Liabilities
Accounts Payable and Accrued Expenses$26,909$27,399▲ $490
Total Liabilities$26,909$27,399▲ $490
Net Assets / Fund Balance
Unrestricted Net Assets$-20,573$-18,583▲ $1,990
Total Net Assets Fund Balance$-20,573$-18,583▲ $1,990
Total Liabilities and Net Assets / Fund Balance$6,336$8,816▲ $2,480
Compensation and Service Providers

Board Members and Trustees

NameTitle
John FitzgeraldPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$59,000
Program Service Revenue
$145,876
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$169,930
Other Expenses$32,318
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$169,930--$169,930
Fees for Services Other$20,097--$20,097
Occupancy$12,221--$12,221
Total Functional Expenses$202,248$0$0$202,248
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Midco Inc
EIN
03-0421777
Address
PO BOX 85, CHELSEA, OK 74016-0085

Signing Officer

Name
John Fitzgerald
Title
President
Signed
2018-11-09

Organization Details

Principal Officer
John Fitzgerald
Formed
2002
Legal Domicile
Ok
Voting Board Members
2
Independent Board Members
2
Employees
94

Preparer

Firm
Hood & Associates Cpas Pc
Address
323 W 1ST ST, CLAREMORE, OK 74017-8005
Preparer
Paul Hood CPA
Phone
9183411930
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide employment for disabled people.

Raw XML Appendix236 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings