Civic Intelligence

Cushing Economic Dev Foundation Inc

EIN 23-7255402 • 501(c)6 • Cushing, OK

Profile

The purpose of the foundation is to encourage and facilitate economic development in the city of cushing, oklahoma by offering commercial land and property to prospective businesses.

PO Box 22Cushing, OK 74023

n/A

Siviq Scores

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

Liabilities / Assets

54th percentile

0.01x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-6.7%

Higher net margin than 36% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$87,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 64.1% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

47th percentile

-2.5%

Faster asset growth than 47% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

8.7%

Faster revenue growth than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$314,959

Down $35,550 (-10%) from 2024

Liabilities

Down

$1,838

Down $13 (-0.7%) from 2024

Net Assets

Down

$313,121

Down $35,537 (-10%) from 2024

Revenue

Down

$111,186

Down $24,444 (-18%) from 2024

Expenses

Up

$146,723

Up $1,967 (+1.4%) from 2024

Net Income

Down

-$35,537

Down $26,411 (-289%) from 2024

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $241,489Liabilities 2010: $0Net Assets 2010: $241,4892010Assets 2016: $317,472Liabilities 2016: $305Net Assets 2016: $317,1672016Assets 2017: $330,621Liabilities 2017: $0Net Assets 2017: $330,6212017Assets 2018: $338,507Net Assets 2018: $338,5072018Assets 2019: $357,570Liabilities 2019: $1,755Net Assets 2019: $355,8152019Assets 2020: $375,993Liabilities 2020: $2,011Net Assets 2020: $373,9822020Assets 2021: $377,420Liabilities 2021: $2,170Net Assets 2021: $375,2502021Assets 2022: $374,133Liabilities 2022: $1,891Net Assets 2022: $372,2422022Assets 2023: $359,655Liabilities 2023: $1,871Net Assets 2023: $357,7842023Assets 2024: $350,509Liabilities 2024: $1,851Net Assets 2024: $348,6582024Assets 2025: $314,959Liabilities 2025: $1,838Net Assets 2025: $313,1212025

Highlighted filing

2025

Assets$314,959
Liabilities$1,838
Net Assets$313,121

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $3392010Revenue 2016: $53,704Expenses 2016: $25,762Net Income 2016: $27,9422016Revenue 2017: $97,548Expenses 2017: $84,094Net Income 2017: $13,4542017Revenue 2018: $17,907Expenses 2018: $10,021Net Income 2018: $7,8862018Revenue 2019: $140,818Expenses 2019: $123,510Net Income 2019: $17,3082019Revenue 2020: $118,000Expenses 2020: $99,833Net Income 2020: $18,1672020Revenue 2021: $115,455Expenses 2021: $136,637Net Income 2021: -$21,1822021Revenue 2022: $120,846Expenses 2022: $120,638Net Income 2022: $2082022Revenue 2023: $124,829Expenses 2023: $139,287Net Income 2023: -$14,4582023Revenue 2024: $135,630Expenses 2024: $144,756Net Income 2024: -$9,1262024Revenue 2025: $111,186Expenses 2025: $146,723Net Income 2025: -$35,5372025

Highlighted filing

2025

Revenue$111,186
Expenses$146,723
Net Income-$35,537

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 25, 2026
Return Version
2025v4.0
Gross Receipts
$111,186
Mission and Program Overview

Mission

The purpose of the foundation is to encourage and facilitate economic development in the city of cushing, oklahoma by offering commercial land and property to prospective businesses.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION MAINTAINED LAND FOR SALE TO HELP FOSTER ECONOMIC GROWTH WITHIN THE CITY OF CUSHING, OKLAHOMA.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRUCE JOHNSONExecutive DirectorFT$87,000-$87,000
CURTIS BLAKEChairman-$0--
MATT TURNERVice Chair-$0--
MELISSA AMONSecretary-$0--
KELLY YOUNGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Cushing Economic Dev Foundation Inc
EIN
23-7255402
Phone
9182252400
Address
PO BOX 22, CUSHING, OK 74023

Signing Officer

Name
Kelly Young
Title
Treasurer
Signed
2026-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Cbew Professional Group Llp - Cushing
Address
206 N HARRISON AVE, CUSHING, OK 74023
Preparer
Trisha J Rieman CPA
Phone
9182254216
Supplemental Narrative

Additional Explanations

Other Revenue.1

Miscellaneous income $100000

Other Expenses.1002

Office Expenses $2590

Other Expenses.1005

Travel $2969

Other Expenses.1009

Depreciation $1072

Other Expenses.1012

Insurance $1411

Other Expenses.1

MILEAGE/TELEPHONE $16548

Other Expenses.2

Meals & entertainment $12935

Other Expenses.3

INCENTIVES $5000

Other Expenses.4

Land assessment fee $3500

Other Expenses.5

TECHNOLOGY $2075

Other Expenses.6

INTERNET $1500

Other Expenses.7

Supplies & materials $546

Other Expenses.8

MISC. G & A $55

Other Assets.1002

Furniture and Fixtures - Beginning $1543 Furniture and Fixtures - Ending $926

Other Assets.1003

Machinery and Equipment - Beginning $1138 Machinery and Equipment - Ending $683

Other Assets.1005

Accounts Receivable - Beginning $16667 Accounts Receivable - Ending $25000

Total Liabilities.1

PAYROLL LIABILITIES - Beginning $1851 PAYROLL LIABILITIES - Ending $1838

Raw XML Appendix145 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CUSHING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd074023
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherRevenueTotalAmt0100000
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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE FOUNDATION IS TO ENCOURAGE AND FACILITATE ECONOMIC DEVELOPMENT IN THE CITY OF CUSHING, OKLAHOMA BY OFFERING COMMERCIAL LAND AND PROPERTY TO PROSPECTIVE BUSINESSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION MAINTAINED LAND FOR SALE TO HELP FOSTER ECONOMIC GROWTH WITHIN THE CITY OF CUSHING, OKLAHOMA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt093782
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01851
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01838
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0146723
IRS990EZ/TotalRevenueAmt0111186
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME $100000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2590
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $2969
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $1072
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $1411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MILEAGE/TELEPHONE $16548
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8LAND ASSESSMENT FEE $3500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SUPPLIES & MATERIALS $546
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MISC. G & A $55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Furniture and Fixtures - Beginning $1543 Furniture and Fixtures - Ending $926
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Machinery and Equipment - Beginning $1138 Machinery and Equipment - Ending $683
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Accounts Receivable - Beginning $16667 Accounts Receivable - Ending $25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16PAYROLL LIABILITIES - Beginning $1851 PAYROLL LIABILITIES - Ending $1838
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CUSHING ECONOMIC DEV FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CUSH
ReturnHeader/Filer/EIN0237255402
ReturnHeader/Filer/PhoneNum09182252400
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 22
ReturnHeader/Filer/USAddress/CityNm0CUSHING
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ReturnHeader/Filer/USAddress/ZIPCd074023
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ReturnHeader/PreparerPersonGrp/PhoneNum09182254216
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRISHA J RIEMAN CPA
ReturnHeader/ReturnTs02026-02-25T21:41:06-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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