Civic Intelligence

National Tornado Foundation

990 • Fiscal year 2014 • EIN 45-4002161

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

3616 NW 56th Street No 330Oklahoma City, OK 73112

(405) 522-4553

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

57th percentile

0.00x

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Net Margin

44th percentile

1.0%

Higher net margin than 44% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Asset Growth

49th percentile

1.3%

Faster asset growth than 49% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-46%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$193,550

Up $2,427 (+1.3%) from 2013

Net Assets

Up

$193,550

Up $2,427 (+1.3%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$247,971

Down $207,510 (-46%) from 2013

Expenses

Down

$245,544

Down $59,078 (-19%) from 2013

Net Income

Down

$2,427

Down $148,432 (-98%) from 2013

Historical Trend

Balance Sheet Trend

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

$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

2014

Assets$193,550
Liabilities$0
Net Assets$193,550

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$247,971
Expenses$245,544
Net Income$2,427
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$247,971
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$191,123$193,550▲ $2,427
Accounts Receivable$181,795$185,472▲ $3,677
Cash and Non-Interest-Bearing Accounts$9,328$8,078▼ $1,250
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$191,123$193,550▲ $2,427
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$191,123$193,550▲ $2,427
Total Liabilities and Net Assets / Fund Balance$191,123$193,550▲ $2,427
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan RamseyChairman
Larry DerryberryDirector
Paul H WilkeningDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$121,375
Program Service Revenue
$126,596
Investment Income
$0
Other Revenue
$0
All Other Contributions
$121,375
Change in Net Assets
$2,427
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,544
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$18,500--$18,500
Grants to Domestic Orgs$10,000--$10,000
Travel$7,072--$7,072
Other Expenses$25,509$4,481-$4,481
All Other Expenses$2,544$1,563-$4,107
Office Expenses-$3,222-$3,222
Fees for Services Accounting-$1,250-$1,250
Information Technology-$350-$350
Total Functional Expenses$234,678$10,866$0$245,544
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Red CrossWashington, DC-General support$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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.

Form 990, Part VI, Section B, line 11

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
4055224553
Address
3616 NW 56th Street No 330, Oklahoma City, OK 73112

Signing Officer

Name
Larry Derryberry
Title
Director
Phone
4055224553
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Ramsey
Formed
2012
Legal Domicile
Ok
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Eide Bailly Llp
Address
1601 NW EXPRESSWAY SUITE 1900, OKLAHOMA CITY, OK 73118
Preparer
Chad Wilsie
Phone
4054783334
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The management of the program was provided by Factor 110 located in Oklahoma City. They specialize in event and association management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 will be reviewed by a Director and presented to all Board Members after filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All 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/ExplanationTxt3The Organization's governing documents are available to the public upon request.
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ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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