Civic Intelligence

E Phil & Roberta Kirschner Affilated Fund of the Oklahoma Cit

990 • Fiscal year 2020 • EIN 36-4763764

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 31, 2021

PO Box 1146Oklahoma City, OK 73101-1146

(405) 235-5603

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

5th percentile

0.00x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$407,541

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 41.1% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

57th percentile

9.6%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-54%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$18,970,743

Up $1,658,036 (+9.6%) from 2019

Net Assets

Up

$18,970,743

Up $1,659,036 (+9.6%) from 2019

Liabilities

Down

$0

Down $1,000 (-100%) from 2019

Revenue

Down

$991,091

Down $1,181,958 (-54%) from 2019

Expenses

Down

$451,174

Down $29,298 (-6.1%) from 2019

Net Income

Down

$539,917

Down $1,152,660 (-68%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2019: $17,312,707Liabilities 2019: $1,000Net Assets 2019: $17,311,7072019Assets 2020: $18,970,743Liabilities 2020: $0Net Assets 2020: $18,970,7432020Assets 2021: $24,124,426Liabilities 2021: $0Net Assets 2021: $24,124,4262021Assets 2022: $22,229,440Liabilities 2022: $0Net Assets 2022: $22,229,4402022

Highlighted filing

2020

Assets$18,970,743
Liabilities$0
Net Assets$18,970,743

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2019: $2,173,049Expenses 2019: $480,472Net Income 2019: $1,692,5772019Revenue 2020: $991,091Expenses 2020: $451,174Net Income 2020: $539,9172020Revenue 2021: $1,023,954Expenses 2021: $385,945Net Income 2021: $638,0092021Revenue 2022: $1,211,221Expenses 2022: $415,909Net Income 2022: $795,3122022

Highlighted filing

2020

Revenue$991,091
Expenses$451,174
Net Income$539,917
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 31, 2021
Return Version
2019v5.2
Gross Receipts
$4,273,206
Mission and Program Overview

Mission

Support the oklahoma city community foundation, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,548,923$16,506,219▲ $957,296
Cash and Non-Interest-Bearing Accounts$-125$-125→ $0
Total Assets$17,312,707$18,970,743▲ $1,658,036
Other Assets Total$1,763,909$2,464,649▲ $700,740
Liabilities
Grants Payable$1,000--
Total Liabilities$1,000$0▼ $1,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$16,679,308$18,005,768▲ $1,326,460
Net Assets Without Donor Restrictions$632,399$964,975▲ $332,576
Total Net Assets Fund Balance$17,311,707$18,970,743▲ $1,659,036
Total Liabilities and Net Assets / Fund Balance$17,312,707$18,970,743▲ $1,658,036

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$7,389--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$17,311,707-▲ $2,110,211$373$18,970,743
2018$15,318,240-▲ $2,473,939$5,219$17,311,707
2017$15,063,658-▲ $680,954$2,464$15,318,240
2016$15,228,589-▲ $31,510$6,561$15,063,658
2015$16,362,671-▼ $687,616$4,033$15,228,589
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joel SchwartzDirector of IT
Elizabeth EickmanDirector of Kirkpatrick Fam Fnd
Brian J DoughertyDirector of MAB Trust
Helen StoneDirector Strategic Operations
Harry MersonTrustee
Miriam FreedmanTrustee
Polly LoefflerTrustee
Robert FreedmanTrustee
Cathy LippardController
Nancy B AnthonySecy/Treasuer
Rhonda GodwinVice Pres Administration
Joe CarterVice Pres Development
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$93,062
Other Revenue
$898,029
Change in Net Assets
$539,917
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$339,111
Other Expenses$112,063
Total Fundraising Expense$3,432
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$339,111--$339,111
Fees for Service Investment Mgmnt Fees-$70,337-$70,337
Fees for Services Management-$37,921$3,432$41,353
Other Expenses-$68-$68
Total Functional Expenses$339,111$108,631$3,432$451,174
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jewish Children's Regional ServiceMetairie, LA501(c)(3)General Purposes$60,000
Lake Area United WayMuskogee, OK501(c)(3)General Purposes$15,000
Muskogee County Child Advocacy Center Kids SpaceMuskogee, OK501(c)(3)General Purposes$15,000
Oklahoma School for the BlindMuskogee, OK501(c)(3)General Purposes$15,000
Muskogee County EMSCoaches TeamMuskogee, OK501(c)(3)General Purposes$14,000
City of MuskogeeMuskogee, OKMunicipalGeneral Purposes$11,790
Green Country Behavioral Health Services IncMuskogee, OK501(c)(3)General Purposes$10,000
Kelly B Todd Cerebral Palsy & Neuro Muscular Foundation IncMuskogee, OK501(c)(3)General Purposes$10,000
MCM Food Pantry IncMuskogee, OK501(c)(3)General Purposes$10,000
Neighbors Building Neighborhoods IncMuskogee, OK501(c)(3)General Purposes$10,000
Northeastern State UniversityTahlequah, OK501(c)(3)General Purposes$10,000
Oklahoma Foundation for the DisabledOklahoma City, OK501(c)(3)General Purposes$10,000
Oklahoma State University FoundationStillwater, OK501(c)(3)General Purposes$10,000
Oklahoma Religious Coalition for Reproductive ChoiceTulsa, OK501(c)(3)General Purposes$5,600
Temple B'nai IsraelOklahoma City, OK-General Purposes$5,471
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

This organization was established by the Kirschner family. As such, the following family members are trustees of this entity: Miriam Freedman and Robert Freedman.

Form 990, Part VI, Section A, line 7A

Oklahoma City Community Foundation is the sole member of the filing organization.

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

The return is prepared and reviewed by the staff of the OKC Community Foundation, the supported organization. The return is e-mailed to all trustees prior to filing for review

Form 990, Part VI, Section B, line 12C

Conflict of interest policy is distributed, discussed and signed by each trustee at the annual trustee meeting.

Form 990, Part VI, Section B, line 15

While this organization doesn't follow this process since it doesn't have any direct employees, the Oklahoma City Community Foundation, which has an economic interest and controls the supporting organization's Board of Trustees, does follow this process for its personnel

Form 990, Part VI, Section C, line 18

The organization's books and records are available for inspection at the Oklahoma City Community Foundation, Inc. 1000 N. Broadway Ave. Oklahoma City, OK 73102

Form 990, Part VI, Section C, line 19

Governing documents, conflicts of interest policy and financial statements are available upon request.

Part VII, Section A

This affiliated fund did not have any direct employees. However, the fund is a supporting organization of the Oklahoma City Community Foundation. As such, salaries for key employees and highly compensated employees of the Oklahoma City Community Foundation are listed for full disclosure purposes.

Filing and Contact Details

Filer

Filer Name
E Phil & Roberta Kirschner Affiliated F
EIN
36-4763764
Phone
4052355603
Address
PO Box 1146, Oklahoma City, OK 73101-1146

Signing Officer

Name
Nancy B Anthony
Title
Secretary/Treasurer
Phone
4052355603
Signed
2021-03-31

Organization Details

Principal Officer
Nancy Anthony
Formed
2014
Legal Domicile
Ok
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Oklahoma City Community Foundation Inc
Address
1000 N Broadway Ave, Oklahoma City, OK 73102
Phone
4052355603
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The Foundation has an Audit Committee which assumes responsibility for oversight of the audit, and review of the financial statement and selection of independent auditors. This has not changed from prior years.

Financial Statement Notes

Part X, Line 2:

Oklahoma City Community Foundation and its supporting organizations are tax-exempt organizations and are not subject to federal or state income taxes, except on unrelated business income, in accordance with section 501(a) of the Internal Revenue Code (the Code), and have been determined not to be a private foundation under section 509(a) of the Code. The limited liability companies are pass-through entities for tax purposes. Unrelated business income tax, if any, is immaterial and no tax provision has been made in the accompanying consolidated financial statements. The ASC provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing OCCF and its supporting organizations' tax returns to determine whether the tax positions are more-likely-than-not of being sustained when challenged or when examined by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense and liability in the current year. Management has determined that there are no material uncertain income tax positions.

Part V, Line 4

Endowment is used to support the charitable activities of the organization in perpetuity

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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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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Oklahoma City Community Foundation
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Oklahoma City Community Foundation and its supporting organizations are tax-exempt organizations and are not subject to federal or state income taxes, except on unrelated business income, in accordance with section 501(a) of the Internal Revenue Code (the Code), and have been determined not to be a private foundation under section 509(a) of the Code. The limited liability companies are pass-through entities for tax purposes. Unrelated business income tax, if any, is immaterial and no tax provision has been made in the accompanying consolidated financial statements. The ASC provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing OCCF and its supporting organizations' tax returns to determine whether the tax positions are more-likely-than-not of being sustained when challenged or when examined by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense and liability in the current year. Management has determined that there are no material uncertain income tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Endowment is used to support the charitable activities of the organization in perpetuity
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0Municipal
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Purposes
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13General Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14General Purposes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0City of Muskogee
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Green Country Behavioral Health Services Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Jewish Children's Regional Service
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Kelly B Todd Cerebral Palsy & Neuro Muscular Foundation Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Lake Area United Way
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5MCM Food Pantry Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Muskogee County Child Advocacy Center Kids Space
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Muskogee County EMSCoaches Team
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8Neighbors Building Neighborhoods Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9Northeastern State University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Oklahoma Foundation for the Disabled
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11Oklahoma Religious Coalition for Reproductive Choice
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12Oklahoma School for the Blind
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13Oklahoma State University Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14Temple B'nai Israel
IRS990ScheduleI/RecipientTable/RecipientEIN0736005340
IRS990ScheduleI/RecipientTable/RecipientEIN1731084521
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IRS990ScheduleI/RecipientTable/RecipientEIN5731137081

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