Civic Intelligence

National Tornado Foundation

990 • Fiscal year 2018 • EIN 45-4002161

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileN/A
100 N University Dr No TH 146Edmond, OK 73034

(405) 974-2157

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.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.00x

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

39th percentile

-1.1%

Higher net margin than 39% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

43rd percentile

-1.0%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

-4.3%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$307,466

Down $3,229 (-1.0%) from 2017

Net Assets

Down

$307,466

Down $3,229 (-1.0%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin39th percentile

Revenue

Down

$301,256

Down $13,652 (-4.3%) from 2017

Expenses

Down

$304,485

Down $11,227 (-3.6%) from 2017

Net Income

Down

-$3,229

Down $2,425 (-302%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

2018

Assets$307,466
Liabilities$0
Net Assets$307,466
Open 2018 Filing

Operations Trend

Revenue Growth41st percentile

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

2018

Revenue$301,256
Expenses$304,485
Net Income-$3,229
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$301,256
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$310,695$307,466▼ $3,229
Accounts Receivable-$20,925-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$310,695$307,466▼ $3,229
Other Assets Total$310,695$286,541▼ $24,154
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$310,695$307,466▼ $3,229
Total Liabilities and Net Assets / Fund Balance$310,695$307,466▼ $3,229

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$286,541--
Compensation and Service Providers
Top Officer Pay86th percentile

Board Members and Trustees

NameTitle
Darren DerryberryDirector
Denise JohnsonDirector
Randal IceDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$131,475
Program Service Revenue
$169,781
Investment Income
$0
Other Revenue
$0
All Other Contributions
$131,475
Change in Net Assets
$-3,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$304,485
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$162,167--$162,167
Other Expenses$129,155--$129,155
Insurance$3,354--$3,354
Information Technology-$3,233-$3,233
Office Expenses-$2,478-$2,478
Fees for Services Accounting-$1,735-$1,735
Travel$1,259--$1,259
Advertising$1,104--$1,104
Total Functional Expenses$297,039$7,446$0$304,485
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. 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
2019-11-15
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
621 N ROBINSON AVE STE 200, OKLAHOMA CITY, OK 73102-6232
Preparer
Kelley Grace
Phone
4055942000
Raw XML Appendix293 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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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.
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ReturnHeader/PreparerPersonGrp/PhoneNum04055942000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kelley Grace
ReturnHeader/ReturnTs02019-11-15T12:21:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$307,466
Liabilities
$0
Net assets
$307,466
Revenue
$301,256
Expenses
$304,485
Net income
-$3,229
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.48$1.48
2019Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$1.81$3.40$1.59
2018Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.07$3.01$3.04$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$3.15$3.16$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$3.64$3.93$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$4.83$3.27$1.55
2014Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$2.48$2.46$0.02
2013Summary only. Only limited summary data is available for this year.$1.91$0.00$1.91$4.55$3.05$1.51
2012Summary only. Only limited summary data is available for this year.$0.40$0.00$0.40$2.98$2.57$0.40