Civic Intelligence

Will Act Inc.

990 • Fiscal year 2023 • EIN 20-0134969

Jul 01, 2022 to Jun 30, 2023 • Filed on Jul 28, 2023

7010 South Yale STE 215Tulsa, OK 74136-5743

(918) 488-8485

Siviq Scores

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

Liabilities / Assets

97th percentile

1.67x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

8.93x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

31st percentile

-2.7%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

57th percentile

14%

Faster revenue growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$589,097

Down $16,600 (-2.7%) from 2022

Net Assets

Down

-$392,325

Down $15,847 (-4.2%) from 2022

Liabilities

Down

$981,422

Down $753 (-0.1%) from 2022

Revenue

Up

$109,932

Up $13,149 (+14%) from 2022

Expenses

Up

$125,779

Up $5,761 (+4.8%) from 2022

Net Income

Up

-$15,847

Up $7,388 (+32%) from 2022

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

2023

Assets$589,097
Liabilities$981,422
Net Assets-$392,325

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

2023

Revenue$109,932
Expenses$125,779
Net Income-$15,847
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jul 28, 2023
Return Version
2022v5.0
Gross Receipts
$109,932
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$573,765$549,641▼ $24,124
Prepaid Expenses and Deferred Charges$9,964$8,411▼ $1,553
Cash and Non-Interest-Bearing Accounts$326$1,493▲ $1,167
Total Assets$605,697$589,097▼ $16,600
Other Assets Total$21,642$29,552▲ $7,910
Liabilities
Other Liabilities$950,470$950,817▲ $347
Accounts Payable and Accrued Expenses$31,705$30,605▼ $1,100
Total Liabilities$982,175$981,422▼ $753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-376,478$-392,325▼ $15,847
Total Net Assets Fund Balance$-376,478$-392,325▼ $15,847
Total Liabilities and Net Assets / Fund Balance$605,697$589,097▼ $16,600

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$506,853$413,242-
Land$40,870--
Equipment$1,918$20,396-
Other Assets Org$3,595--
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
$60,183
Program Service Revenue
$49,267
Investment Income
$482
Other Revenue
$0
Change in Net Assets
$-15,847

Audited Revenue Reconciliation

Revenue per Audited Statements
$109,932
Total Revenue per Audited Statements
$109,932
Total Revenue per Form 990
$109,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,040
Salaries, Compensation, and Employee Benefits$17,739
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$24,124--$24,124
Other Salaries and Wages$16,233--$16,233
Insurance$14,542--$14,542
Fees for Services Management$6,720--$6,720
Fees for Services Accounting$840$5,100-$5,940
Office Expenses$5,478--$5,478
Other Expenses$2,061--$2,061
Payroll Taxes$1,506--$1,506
Advertising$131--$131
Total Functional Expenses$120,679$5,100$0$125,779

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$125,779
Total Expenses per Audited Statements$125,779
Total Expenses per Form 990$125,779
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$3,717
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 35% controlled entity
No
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 STE 215, Tulsa, OK 74136-5743
Doing Business As
New Seasons Apartments

Signing Officer

Name
Bryan Blankenship
Title
President
Phone
9184922554
Signed
2023-07-28
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
Volunteers
15

Preparer

Firm
John Flusche CPA
Address
5735 East 102nd Street, Tulsa, OK 74137
Preparer
John Flusche
Phone
9188610130
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-376478
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-392325
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt05478
IRS990/OfficeExpensesGrp/TotalAmt05478
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt021642
IRS990/OtherAssetsTotalGrp/EOYAmt029552
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Utilities
IRS990/OtherExpensesGrp/Desc1Maintenance Contracts
IRS990/OtherExpensesGrp/Desc2Maintenance Supplies
IRS990/OtherExpensesGrp/Desc3HVAC
IRS990/OtherExpensesGrp/ProgramServicesAmt029863
IRS990/OtherExpensesGrp/ProgramServicesAmt114051
IRS990/OtherExpensesGrp/ProgramServicesAmt25130
IRS990/OtherExpensesGrp/ProgramServicesAmt32061
IRS990/OtherExpensesGrp/TotalAmt029863
IRS990/OtherExpensesGrp/TotalAmt114051
IRS990/OtherExpensesGrp/TotalAmt25130
IRS990/OtherExpensesGrp/TotalAmt32061
IRS990/OtherLiabilitiesGrp/BOYAmt0950470
IRS990/OtherLiabilitiesGrp/EOYAmt0950817
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016233
IRS990/OtherSalariesAndWagesGrp/TotalAmt016233
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01506
IRS990/PayrollTaxesGrp/TotalAmt01506
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09964
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08411
IRS990/PrincipalOfficerNm0Bryan Blankenship
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0Tenant Rent
IRS990/ProgramServiceRevenueGrp/Desc1Laundry and Vending
IRS990/ProgramServiceRevenueGrp/Desc2Tenant Charges
IRS990/ProgramServiceRevenueGrp/Desc3Misc Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt048139
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1152
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2976
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt048139
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2976
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt047959
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt016
IRS990/PYOtherExpensesAmt0102091
IRS990/PYProgramServiceRevenueAmt048808
IRS990/PYRevenuesLessExpensesAmt0-23235
IRS990/PYSalariesCompEmpBnftPaidAmt017927
IRS990/PYTotalExpensesAmt0120018
IRS990/PYTotalRevenueAmt096783
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-15847
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt060183
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt047959
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt049165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt051083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt049427
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0257817
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt049749
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt048824
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt044229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt044515
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0238430
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51950
IRS990ScheduleA/PublicSupportPY170Pct00.52630
IRS990ScheduleA/PublicSupportTotal170Amt0257817
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt060183
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt047959
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt049165
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt051083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt049427
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0257817
IRS990ScheduleA/TotalSupportAmt0496247
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0506853
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0413242
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0920095
IRS990ScheduleD/EquipmentGrp/BookValueAmt01918
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020396
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt022314
IRS990ScheduleD/ExpensesSubtotalAmt0125779
IRS990ScheduleD/LandGrp/BookValueAmt040870
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt040870
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03717
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15200
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt217040
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt33595
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Escrow Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Residual Receipts
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1947100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Capital Advance
IRS990ScheduleD/RevenueSubtotalAmt0109932
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0549641
IRS990ScheduleD/TotalBookValueOtherAssetsAmt029552
IRS990ScheduleD/TotalExpensesPerForm990Amt0125779
IRS990ScheduleD/TotalLiabilityAmt0950817
IRS990ScheduleD/TotalRevenuePerForm990Amt0109932
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0109932
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0125779
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

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
2023Detailed filing. Detailed filing data is available for this year.$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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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