Civic Intelligence

Lockhart Foundation

990PF • Fiscal year 2023 • EIN 26-2134446

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 22, 2024

621 North Robinson 100Oklahoma City, OK 73102

(405) 608-8642

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.00x

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Net Margin

7th percentile

-112%

Higher net margin than 7% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Asset Growth

22nd percentile

-4.6%

Faster asset growth than 22% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

-1.8%

Faster revenue growth than 36% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,924,984

Down $140,243 (-4.6%) from 2022

Net Assets

Down

$2,924,984

Down $140,243 (-4.6%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$124,691

Down $2,240 (-1.8%) from 2022

Expenses

Up

$264,934

Up $216 (+0.1%) from 2022

Net Income

Down

-$140,243

Down $2,456 (-1.8%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2020: $3,250,899Liabilities 2020: $1,231Net Assets 2020: $3,249,6682020Assets 2021: $3,203,014Liabilities 2021: $0Net Assets 2021: $3,203,0142021Assets 2022: $3,065,227Liabilities 2022: $0Net Assets 2022: $3,065,2272022Assets 2023: $2,924,984Liabilities 2023: $0Net Assets 2023: $2,924,9842023Assets 2024: $2,921,185Liabilities 2024: $0Net Assets 2024: $2,921,1852024

Highlighted filing

2023

Assets$2,924,984
Liabilities$0
Net Assets$2,924,984

Operations Trend

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

$400K$200K$0-$200KRevenue 2020: $103,430Expenses 2020: $187,419Net Income 2020: -$83,9892020Revenue 2021: $126,803Expenses 2021: $173,457Net Income 2021: -$46,6542021Revenue 2022: $126,931Expenses 2022: $264,718Net Income 2022: -$137,7872022Revenue 2023: $124,691Expenses 2023: $264,934Net Income 2023: -$140,2432023Revenue 2024: $279,722Expenses 2024: $283,521Net Income 2024: -$3,7992024

Highlighted filing

2023

Revenue$124,691
Expenses$264,934
Net Income-$140,243
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 22, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRUCE CARSONTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Lockhart Foundation
EIN
26-2134446
Phone
4056088642
Address
621 NORTH ROBINSON 100, OKLAHOMA CITY, OK 73102

Signing Officer

Name
Bruce Carson
Title
Trustee
Phone
4058488899
Signed
2024-04-22
Discuss with paid preparer
Yes

Preparer

Firm
Weaver and Tidwell Llp
Address
499 W SHERIDAN AVE SUITE 2450, OKLAHOMA CITY, OK 73102
Preparer
Rhonda Goddard
Phone
4055949200
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IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt030475
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0264934
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0124083
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0124691
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt02434
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt030475
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt034209
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt02022-01-01
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt0150507
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt0-324
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt11343
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt0-324
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt11343
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt0150183
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt11343
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0PUBLICLY TRADED SECURITIES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc1CAPITAL GAINS DIVIDENDS
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt02023-12-31
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt01019
IRS990PF/CapGainsLossTxInvstIncmDetail/NetShortTermCapitalGainLossAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-140243
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt02924984
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt03065227
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt02924984
IRS990PF/DistributableAmountGrp/DeductionFromDistributableAmt00
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0205062
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0205062
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0205062
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0206363
IRS990PF/DistributableAmountGrp/RecoveriesQualfiedDistriAmt00
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt01301
IRS990PF/DistributableAmountGrp/TotalTaxAmt01301
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt0299
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt01600
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt01301
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0299
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt01301
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt01301
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt01600
IRS990PF/FMVAssetsEOYAmt04437182
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt0378201
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt0388885
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt0388885
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt0795211
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt0644869
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYFMVAmt0561591
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt01723400
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt01722893
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt03332359
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt04123
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt04316
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt04316
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt03065227
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt02924984
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt03065227
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt02924984
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt04437182
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt03065227
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt02924984
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt03065227
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt02924984
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt0164292
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsEOYAmt0164021
IRS990PF/Form990PFBalanceSheetsGrp/USGovtObligationsEOYFMVAmt0150031
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt04190107
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0371909
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt03818198
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt062852
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0206363
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt04127255
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt04190107
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt03.50
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0BRUCE CARSON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0ARGENT TRUST CO 621 N ROBINSON 100
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0OKLAHOMA CITY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0OK
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd073102
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt00
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt0233159
IRS990PF/PFQualifyingDistributionsGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt0233159
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd00
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd00
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd00
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd00
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd01
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd00
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd01
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0BRUCE CARSON ARGENT TRUST COMPANY
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0621 NORTH ROBINSON STE 100
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0OKLAHOMA CITY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0OK
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd073102
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd00
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0OK
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PhoneNum04056088662
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0THE FOUNDATION WAS CREATED TO IDENTIFY AND SUPPORT OKLAHOMA 501(C)(3) NONPROFIT ORGANIZATIONS ASSISTING DOMESTIC ANIMALS NEEDING RESCUE IN OKLAHOMA. PREFERENCE IS GIVEN TO ORGANIZATIONS IN CLEVELAND AND OKLAHOMA COUNTIES. GRANT MINIMUMS AND MAXIMUMS ARE NOT DESIGNATED. PREFERENCE MAY BE GIVEN, IN SOME YEARS, TO LARGE GRANTS WHERE A GENUINE IMPACT MAY BE ACCOMPLISHED. NO GRANTS CAN BE AWARDED TO INDIVIDUALS. PROPOSALS WHICH COMMIT THE FOUNDATION TO CONTINUED SUPPORT OF OPERATIONS WILL GENERALLY NOT BE APPROVED. THE LOCKHART FOUNDATION STRONGLY ENCOURAGES APPLICANTS TO SEEK SUPPORT FROM MULTIPLE SOURCES. THE LOCKHART FOUNDATION WILL NOT PAY FOR SALARIES OR VEHICLES OR PROVIDE FOR CONSTRUCTION ON PROPERTY NOT UNDER THE OWNERSHIP OF THE RESCUE. SEE STATEMENT 9.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0HERITAGE TRUST COMPANY ARGENT ATTN
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum04056088642
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0621 NORTH ROBINSON SUITE 100
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0OKLAHOMA CITY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0OK
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd073102
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0PROPOSALS OF CONTINUED SUPPORT WILL GENERALLY NOT BE AWARDED.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0PROPOSALS ARE ACCEPTED DURING THE YEAR WITHOUT ANY DEADLINES WITH THE COMMITTEE MEETING QUARTERLY.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt018225
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt127500

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