Civic Intelligence

MID Continent Oilmens Invitational Inc

EIN 23-7007803 • 501(c)7 • Oklahoma City, OK

Profile

Fellowship and golf tournament

PO Box 16002Oklahoma City, OK 73113

okcoilmens.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

62nd percentile

7.2%

Higher net margin than 62% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

88th percentile

39%

Faster asset growth than 88% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

1.7%

Faster revenue growth than 51% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$73,880

Up $20,564 (+39%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$73,880

Up $20,564 (+39%) from 2023

Operations
Liabilities / Revenue59th percentileNet Margin62nd percentile

Revenue

Up

$286,688

Up $4,928 (+1.7%) from 2023

Expenses

Down

$266,124

Down $9,032 (-3.3%) from 2023

Net Income

Up

$20,564

Up $13,960 (+211%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2020: $84,497Liabilities 2020: $0Net Assets 2020: $84,4972020Assets 2021: $88,281Liabilities 2021: $0Net Assets 2021: $88,2812021Assets 2022: $46,712Liabilities 2022: $0Net Assets 2022: $46,7122022Assets 2023: $53,316Liabilities 2023: $0Net Assets 2023: $53,3162023Assets 2024: $73,880Liabilities 2024: $0Net Assets 2024: $73,8802024

Highlighted filing

2024

Assets$73,880
Liabilities$0
Net Assets$73,880
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $222,163Expenses 2020: $204,722Net Income 2020: $17,4412020Revenue 2021: $232,088Expenses 2021: $228,304Net Income 2021: $3,7842021Revenue 2022: $233,708Expenses 2022: $275,277Net Income 2022: -$41,5692022Revenue 2023: $281,760Expenses 2023: $275,156Net Income 2023: $6,6042023Revenue 2024: $286,688Expenses 2024: $266,124Net Income 2024: $20,5642024

Highlighted filing

2024

Revenue$286,688
Expenses$266,124
Net Income$20,564
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$73,880
Liabilities
$0
Net assets
$73,880
Revenue
$286,688
Expenses
$266,124
Net income
$20,564
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$2.87$2.66$0.21
2023Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$2.82$2.75$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$2.34$2.75$0.42
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$2.32$2.28$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$2.22$2.05$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$286,688
Mission and Program Overview

Mission

Fellowship and golf tournament

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,316$73,880▲ $20,564
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$53,316$73,880▲ $20,564
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$53,316$73,880▲ $20,564
Total Net Assets Fund Balance$53,316$73,880▲ $20,564
Total Liabilities and Net Assets / Fund Balance$53,316$73,880▲ $20,564
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Mike GialousisChairman
Karl HollimanVice Chairman
CLIFF McKAUGHANDirector
Don CameronDirector
J P DickDirector
Jim HeinzeDirector
John RobertsDirector
Kyle FilsonDirector
Lee SelbyDirector
Rob FordDirector
Tommie HerellDirector
Boone DuboseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$286,688
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$20,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$266,124
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$6,242--$6,242
Fees for Services Accounting$1,265--$1,265
All Other Expenses$609--$609
Insurance$465--$465
Total Functional Expenses$266,124$0$0$266,124
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Mid Continent Oilmens Invitational Inc
EIN
23-7007803
Phone
4052311800
Address
PO BOX 16002, OKLAHOMA CITY, OK 73113

Signing Officer

Name
Karl Holliman
Title
Vice Chairman
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1968
Legal Domicile
Ok
Voting Board Members
12
Independent Board Members
0
Employees
0

Preparer

Firm
Cole & Company CPAs PC
Address
2925 NW 156th St, Edmond, OK 73013
Preparer
R Brett Cole
Phone
4054184444
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0266124
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt073880
IRS990/TotalProgramServiceExpensesAmt0266124
IRS990/TotalProgramServiceRevenueAmt0286688
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0286688
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt053316
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt073880
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 16002
IRS990/USAddress/CityNm0OKLAHOMA CITY
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd0731132002
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0okcoilmens.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KARL HOLLIMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID CONTINENT OILMENS INVITATIONAL INC
ReturnHeader/Filer/BusinessNameControlTxt0MIDC
ReturnHeader/Filer/EIN0237007803
ReturnHeader/Filer/PhoneNum04052311800
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 16002
ReturnHeader/Filer/USAddress/CityNm0OKLAHOMA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073113
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208257738
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cole & Company CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02925 NW 156th St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Edmond
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073013
ReturnHeader/PreparerPersonGrp/PhoneNum04054184444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R Brett Cole
ReturnHeader/ReturnTs02025-11-11T13:41:29-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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