Civic Intelligence

National Tornado Foundation

EIN 45-4002161 • 501(c)4 • Edmond, OK

Profile

The organization provides a national forum for insurance professionals, State insurance regulators, federal, state and local officials to exchange ideas, information and real life experiences that will assist federal, state and local officials in developing policies and procedures to improve response and management of emergency events and situations, including but not limited to, tornados, hurricanes, earthquakes, windstorms, snowstorms and flooding, sponsor peridodic meetings and conferences, such as in-depth review of National Weather Center.

100 N University Dr No TH 146Edmond, OK 73034

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2020

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$0

Down $148,486 (-100%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$0

Down $148,486 (-100%) from 2019

Revenue

Down

$0

Down $181,111 (-100%) from 2019

Expenses

Down

$148,486

Down $191,605 (-56%) from 2019

Net Income

Up

-$148,486

Up $10,494 (+6.6%) from 2019

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $40,264Liabilities 2012: $0Net Assets 2012: $40,2642012Assets 2013: $191,123Liabilities 2013: $0Net Assets 2013: $191,1232013Assets 2014: $193,550Liabilities 2014: $0Net Assets 2014: $193,5502014Assets 2015: $348,931Liabilities 2015: $0Net Assets 2015: $348,9312015Assets 2016: $319,480Liabilities 2016: $0Net Assets 2016: $319,4802016Assets 2017: $310,695Liabilities 2017: $0Net Assets 2017: $310,6952017Assets 2018: $307,466Liabilities 2018: $0Net Assets 2018: $307,4662018Assets 2019: $148,486Liabilities 2019: $0Net Assets 2019: $148,4862019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $297,617Expenses 2012: $257,353Net Income 2012: $40,2642012Revenue 2013: $455,481Expenses 2013: $304,622Net Income 2013: $150,8592013Revenue 2014: $247,971Expenses 2014: $245,544Net Income 2014: $2,4272014Revenue 2015: $482,559Expenses 2015: $327,178Net Income 2015: $155,3812015Revenue 2016: $363,600Expenses 2016: $393,051Net Income 2016: -$29,4512016Revenue 2017: $314,908Expenses 2017: $315,712Net Income 2017: -$8042017Revenue 2018: $301,256Expenses 2018: $304,485Net Income 2018: -$3,2292018Revenue 2019: $181,111Expenses 2019: $340,091Net Income 2019: -$158,9802019Revenue 2020: $0Expenses 2020: $148,486Net Income 2020: -$148,4862020

Highlighted filing

2020

Revenue$0
Expenses$148,486
Net Income-$148,486

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Jul 31, 2020
Signed
Aug 24, 2021
Return Version
2020v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

The organization provides a national forum for insurance professionals, State insurance regulators, federal, state and local officials to exchange ideas, information and real life experiences that will assist federal, state and local officials in developing policies and procedures to improve response and management of emergency events and situations, including but not limited to, tornados, hurricanes, earthquakes, windstorms, snowstorms and flooding, sponsor peridodic meetings and conferences, such as in-depth review of National Weather Center.

National forum to improve response and management of emergency weather related events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$148,486$0▼ $148,486
Cash and Non-Interest-Bearing Accounts-$0-
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-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Other Assets Total$148,486$0▼ $148,486
Total Assets$148,486$0▼ $148,486
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$148,486$0▼ $148,486
Total Liabilities and Net Assets / Fund Balance$148,486$0▼ $148,486
Compensation and Service Providers

Board Members and Trustees

NameTitle
Darren DerryberryDirector
Denise JohnsonDirector
Randal IceDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-148,486
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$144,126
Other Expenses$4,360
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$144,126--$144,126
Fees for Services Accounting-$4,360-$4,360
Total Functional Expenses$144,126$4,360$0$148,486
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
UCO FoundationEdmond, OK501(c)(3)Endowed Scholarship Fund$144,126
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
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

Form 990, Part VI, Section A, line 3

The management of the program was provided by Factor 110 located in Oklahoma City. They specialize in event and association management. University of Central Oklahoma Continuing Education also provides management of registrations and back office support.

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

The Form 990 will be reviewed by a Director and presented to all Board Members after filing.

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

All board members are required to complete a conflict of interest statement annually. The Board reviews the forms for potential conflicts. The Board of Directors reviews when the conflict is first presented and annually report on the conflicts. The individuals who have conflicts are not present during discussions by the board or vote regarding the conflicts.

Form 990, Part VI, Section C, line 19

The Organization's governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Tornado Foundation
EIN
45-4002161
Phone
4059742157
Address
100 N University Dr No TH 146, Edmond, OK 73034

Signing Officer

Name
Randal Ice
Title
Director
Phone
4059742157
Signed
2021-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randal Ice
Formed
2012
Legal Domicile
Ok
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Eide Bailly LLP
Address
2402 Westport Dr, Norman, OK 73069-6336
Preparer
Kelley Grace
Phone
4052922900
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 3

The organization has ended operations and distributed the remaining assets to the University of Central Oklahoma Foundation.

Raw XML Appendix309 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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IRS990/GrantsToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesBOYAmt0148486
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IRS990/OtherAssetsTotalGrp/BOYAmt0148486
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
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IRS990/PYRevenuesLessExpensesAmt0-158980
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IRS990/PYTotalRevenueAmt0181111
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IRS990/ReconcilationRevenueExpnssAmt0-148486
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Endowed Scholarship Fund
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IRS990ScheduleI/RecipientTable/RecipientEIN0736108032
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0100 N University Drive Box 1
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has ended operations and distributed the remaining assets to the University of Central Oklahoma Foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The management of the program was provided by Factor 110 located in Oklahoma City. They specialize in event and association management. University of Central Oklahoma Continuing Education also provides management of registrations and back office support.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 will be reviewed by a Director and presented to all Board Members after filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All board members are required to complete a conflict of interest statement annually. The Board reviews the forms for potential conflicts. The Board of Directors reviews when the conflict is first presented and annually report on the conflicts. The individuals who have conflicts are not present during discussions by the board or vote regarding the conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization's governing documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
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ReturnHeader/Filer/USAddress/ZIPCd073034
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eide Bailly LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02402 Westport Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Norman
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0730696336
ReturnHeader/PreparerPersonGrp/PhoneNum04052922900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kelley Grace
ReturnHeader/ReturnTs02021-08-25T14:18:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Randal
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ice
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02020

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