Civic Intelligence

Will Act Inc.

990 • Fiscal year 2019 • EIN 20-0134969

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 14, 2020

7010 South YaleTulsa, OK 74136-5743

(918) 488-8485

Siviq Scores

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

Liabilities / Assets

96th percentile

1.43x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

10.46x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

12th percentile

-23%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

29th percentile

-3.1%

Faster asset growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

33rd percentile

-3.9%

Faster revenue growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$684,756

Down $21,553 (-3.1%) from 2018

Net Assets

Down

-$297,684

Down $21,910 (-7.9%) from 2018

Liabilities

Up

$982,440

Up $357 (+0.0%) from 2018

Revenue

Down

$93,942

Down $3,821 (-3.9%) from 2018

Expenses

Down

$115,852

Down $11,287 (-8.9%) from 2018

Net Income

Up

-$21,910

Up $7,466 (+25%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $933,863Liabilities 2011: $976,658Net Assets 2011: -$42,7952011Assets 2012: $903,302Liabilities 2012: $978,144Net Assets 2012: -$74,8422012Assets 2013: $874,656Liabilities 2013: $974,035Net Assets 2013: -$99,3792013Assets 2014: $846,235Liabilities 2014: $982,917Net Assets 2014: -$136,6822014Assets 2015: $807,671Liabilities 2015: $973,688Net Assets 2015: -$166,0172015Assets 2016: $766,192Liabilities 2016: $973,645Net Assets 2016: -$207,4532016Assets 2017: $735,835Liabilities 2017: $982,233Net Assets 2017: -$246,3982017Assets 2018: $706,309Liabilities 2018: $982,083Net Assets 2018: -$275,7742018Assets 2019: $684,756Liabilities 2019: $982,440Net Assets 2019: -$297,6842019Assets 2020: $660,636Liabilities 2020: $985,531Net Assets 2020: -$324,8952020Assets 2021: $629,647Liabilities 2021: $982,890Net Assets 2021: -$353,2432021Assets 2022: $605,697Liabilities 2022: $982,175Net Assets 2022: -$376,4782022Assets 2023: $589,097Liabilities 2023: $981,422Net Assets 2023: -$392,3252023Assets 2024: $556,815Liabilities 2024: $982,646Net Assets 2024: -$425,8312024Assets 2025: $532,412Liabilities 2025: $985,026Net Assets 2025: -$452,6142025

Highlighted filing

2019

Assets$684,756
Liabilities$982,440
Net Assets-$297,684

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $83,059Expenses 2011: $115,030Net Income 2011: -$31,9712011Revenue 2012: $91,383Expenses 2012: $123,430Net Income 2012: -$32,0472012Expenses 2013: $113,0242013Revenue 2014: $81,316Expenses 2014: $118,619Net Income 2014: -$37,3032014Revenue 2015: $84,340Expenses 2015: $113,675Net Income 2015: -$29,3352015Revenue 2016: $81,293Expenses 2016: $122,729Net Income 2016: -$41,4362016Revenue 2017: $91,071Expenses 2017: $130,016Net Income 2017: -$38,9452017Revenue 2018: $97,763Expenses 2018: $127,139Net Income 2018: -$29,3762018Revenue 2019: $93,942Expenses 2019: $115,852Net Income 2019: -$21,9102019Revenue 2020: $95,312Expenses 2020: $122,523Net Income 2020: -$27,2112020Revenue 2021: $100,278Expenses 2021: $128,626Net Income 2021: -$28,3482021Revenue 2022: $96,783Expenses 2022: $120,018Net Income 2022: -$23,2352022Revenue 2023: $109,932Expenses 2023: $125,779Net Income 2023: -$15,8472023Revenue 2024: $114,659Expenses 2024: $148,165Net Income 2024: -$33,5062024Revenue 2025: $108,022Expenses 2025: $134,805Net Income 2025: -$26,7832025

Highlighted filing

2019

Revenue$93,942
Expenses$115,852
Net Income-$21,910
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 14, 2020
Return Version
2018v3.1
Gross Receipts
$93,942
Mission and Program Overview

Mission

To provide affordable housing for low-income persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$671,889$647,230▼ $24,659
Prepaid Expenses and Deferred Charges$8,926$9,260▲ $334
Accounts Receivable$1,351$446▼ $905
Cash and Non-Interest-Bearing Accounts$1,031$306▼ $725
Total Assets$706,309$684,756▼ $21,553
Other Assets Total$23,112$27,514▲ $4,402
Liabilities
Other Liabilities$950,452$951,708▲ $1,256
Accounts Payable and Accrued Expenses$31,631$30,732▼ $899
Total Liabilities$982,083$982,440▲ $357
Net Assets / Fund Balance
Unrestricted Net Assets$-275,774$-297,684▼ $21,910
Total Net Assets Fund Balance$-275,774$-297,684▼ $21,910
Total Liabilities and Net Assets / Fund Balance$706,309$684,756▼ $21,553

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$603,254$316,841-
Land$40,870--
Equipment$3,106$19,208-
Other Assets Org$3,487--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Arianna MooreChairman
Rebecca DozierChairman
Bryan BlankenshipPresident
Jon LanningVice-Chairman
Amy RichardsDirector
Bill WittDirector
Cari BontragerDirector
Jonathan WishDirector
Kathy ThomasDirector
Nancy HaaseDirector
Paul BaumanDirector
Rob HaightDirector
Ryean MillerDirector
Spencer PittmanDirector
Steve OdomDirector
Suzanne BrodnerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$49,427
Program Service Revenue
$44,267
Investment Income
$248
Other Revenue
$0
Change in Net Assets
$-21,910

Audited Revenue Reconciliation

Revenue per Audited Statements
$93,942
Total Revenue per Audited Statements
$93,942
Total Revenue per Form 990
$93,942
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$98,082
Salaries, Compensation, and Employee Benefits$17,770
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$24,659--$24,659
Other Salaries and Wages$16,314--$16,314
Insurance$14,781--$14,781
Fees for Services Management$6,720--$6,720
Fees for Services Accounting$840$4,850-$5,690
Office Expenses$3,846--$3,846
Payroll Taxes$1,456--$1,456
Other Expenses$664--$664
Total Functional Expenses$111,002$4,850$0$115,852

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$115,852
Total Expenses per Audited Statements$115,852
Total Expenses per Form 990$115,852
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Advance$947,100
Tenant Security Deposits$4,608
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes

Governance Explanations

Management duties delegation Part VI line 3

The organization hires a professional management agent to operate the Project. The management agent reports to the Board of Directors.

Form 990 governing body review Part VI line 11

The form is reviewed at regularly scheduled monthly meetings.

Conflict of interest policy compliance Part VI line 12C

The Board oversees the activity of the property manager who selects contractors and ensures contractors are not related.

Governing documents etc available to public Part VI line 19

The governing documents, conflict of interest policy, and financial statements are available upon proper request.

Filing and Contact Details

Filer

Filer Name
Will-Act Inc
EIN
20-0134969
Address
7010 South Yale, Tulsa, OK 74136-5743
Doing Business As
New Seasons Apartments

Signing Officer

Name
Bryan Blankenship
Title
President
Phone
9184922554
Signed
2020-01-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryan Blankenship
Formed
2003
Legal Domicile
Ok
Voting Board Members
15
Independent Board Members
15
Employees
2

Preparer

Firm
John Flusche CPA
Address
6851 S Canton Ave, Tulsa, OK 74136
Preparer
John Flusche
Phone
9182612758
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IRS990/OfficeExpensesGrp/TotalAmt03846
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt023112
IRS990/OtherAssetsTotalGrp/EOYAmt027514
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Maintenance Contracts
IRS990/OtherExpensesGrp/Desc2Maintenance Supplies
IRS990/OtherExpensesGrp/Desc3HVAC
IRS990/OtherExpensesGrp/ProgramServicesAmt021768
IRS990/OtherExpensesGrp/ProgramServicesAmt114130
IRS990/OtherExpensesGrp/ProgramServicesAmt25824
IRS990/OtherExpensesGrp/ProgramServicesAmt3664
IRS990/OtherExpensesGrp/TotalAmt021768
IRS990/OtherExpensesGrp/TotalAmt114130
IRS990/OtherExpensesGrp/TotalAmt25824
IRS990/OtherExpensesGrp/TotalAmt3664
IRS990/OtherLiabilitiesGrp/BOYAmt0950452
IRS990/OtherLiabilitiesGrp/EOYAmt0951708
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016314
IRS990/OtherSalariesAndWagesGrp/TotalAmt016314
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01456
IRS990/PayrollTaxesGrp/TotalAmt01456
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08926
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09260
IRS990/PrincipalOfficerNm0Bryan Blankenship
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/Desc0Tenant Rent
IRS990/ProgramServiceRevenueGrp/Desc1Laundry and Vending
IRS990/ProgramServiceRevenueGrp/Desc2Tenant Charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043349
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1635
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1635
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2283
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt057128
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0173
IRS990/PYOtherExpensesAmt0102056
IRS990/PYProgramServiceRevenueAmt040462
IRS990/PYRevenuesLessExpensesAmt0-29376
IRS990/PYSalariesCompEmpBnftPaidAmt025083
IRS990/PYTotalExpensesAmt0127139
IRS990/PYTotalRevenueAmt097763
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-21910
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt049427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt057128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt053628
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048004
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt051054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0259241
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt044515
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt040635
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037443
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033289
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt033286
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0189168
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.57810
IRS990ScheduleA/PublicSupportPY170Pct00.59200
IRS990ScheduleA/PublicSupportTotal170Amt0259241
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt049427
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt057128
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt053628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048004
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051054
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0259241
IRS990ScheduleA/TotalSupportAmt0448409
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0603254
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0316841
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0920095
IRS990ScheduleD/EquipmentGrp/BookValueAmt03106
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019208
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt022314
IRS990ScheduleD/ExpensesSubtotalAmt0115852
IRS990ScheduleD/LandGrp/BookValueAmt040870
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt040870
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04608
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15900
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt213519
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt33487
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Escrow Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Residual Receipts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04608
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1947100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Capital Advance
IRS990ScheduleD/RevenueSubtotalAmt093942
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0647230
IRS990ScheduleD/TotalBookValueOtherAssetsAmt027514
IRS990ScheduleD/TotalExpensesPerForm990Amt0115852
IRS990ScheduleD/TotalLiabilityAmt0951708
IRS990ScheduleD/TotalRevenuePerForm990Amt093942
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt093942
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0115852
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization hires a professional management agent to operate the Project. The management agent reports to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The form is reviewed at regularly scheduled monthly meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board oversees the activity of the property manager who selects contractors and ensures contractors are not related.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents, conflict of interest policy, and financial statements are available upon proper request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Counseling & Recovery Services of O
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07010 S Yale Suite 215
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Tulsa
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd074136
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.32$9.85$4.53$1.08$1.35$0.27
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$9.83$4.26$1.15$1.48$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.89$9.81$3.92$1.10$1.26$0.16
2022Detailed filing. Detailed filing data is available for this year.$6.06$9.82$3.76$0.97$1.20$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.30$9.83$3.53$1.00$1.29$0.28
2020Detailed filing. Detailed filing data is available for this year.$6.61$9.86$3.25$0.95$1.23$0.27
2019Detailed filing. Detailed filing data is available for this year.$6.85$9.82$2.98$0.94$1.16$0.22
2018Detailed filing. Detailed filing data is available for this year.$7.06$9.82$2.76$0.98$1.27$0.29
2017Detailed filing. Detailed filing data is available for this year.$7.36$9.82$2.46$0.91$1.30$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.66$9.74$2.07$0.81$1.23$0.41
2015Detailed filing. Detailed filing data is available for this year.$8.08$9.74$1.66$0.84$1.14$0.29
2014Detailed filing. Detailed filing data is available for this year.$8.46$9.83$1.37$0.81$1.19$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.75$9.74$0.99$1.13
2012Summary only. Only limited summary data is available for this year.$9.03$9.78$0.75$0.91$1.23$0.32
2011Summary only. Only limited summary data is available for this year.$9.34$9.77$0.43$0.83$1.15$0.32