Civic Intelligence

Southwest Intermediary Fianance Team Inc

990 • Fiscal year 2018 • EIN 45-5151663

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 22, 2019

Organization Profilesiftok.fund
PO Box 2121Weatherford, OK 73096

(580) 774-3750

Siviq Scores

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

Liabilities / Assets

89th percentile

0.84x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

4.43x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

87th percentile

32%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

178%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$1,832,217

Up $439,131 (+32%) from 2017

Net Assets

Up

$288,302

Up $197,431 (+217%) from 2017

Liabilities

Up

$1,543,915

Up $241,700 (+19%) from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin93rd percentile

Revenue

Up

$348,786

Up $223,322 (+178%) from 2017

Expenses

Up

$151,355

Up $105,425 (+230%) from 2017

Net Income

Up

$197,431

Up $117,897 (+148%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$20M$15M$10M$5.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $10Liabilities 2013: $02013Assets 2017: $1,393,086Liabilities 2017: $1,302,215Net Assets 2017: $90,8712017Assets 2018: $1,832,217Liabilities 2018: $1,543,915Net Assets 2018: $288,3022018Assets 2019: $2,786,169Liabilities 2019: $2,032,374Net Assets 2019: $753,7952019Assets 2020: $3,212,353Liabilities 2020: $2,254,919Net Assets 2020: $957,4342020Assets 2021: $5,607,463Liabilities 2021: $3,103,239Net Assets 2021: $2,504,2242021Assets 2022: $8,334,774Liabilities 2022: $2,898,968Net Assets 2022: $5,435,8062022Assets 2023: $18,934,604Liabilities 2023: $4,598,711Net Assets 2023: $14,335,8932023Assets 2024: $18,852,021Liabilities 2024: $4,537,008Net Assets 2024: $14,315,0132024

Highlighted filing

2018

Assets$1,832,217
Liabilities$1,543,915
Net Assets$288,302
Open 2018 Filing

Operations Trend

Revenue Growth96th percentile

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

$10M$5.0M$0-$5.0MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $10Expenses 2013: $0Net Income 2013: $102013Revenue 2017: $125,464Expenses 2017: $45,930Net Income 2017: $79,5342017Revenue 2018: $348,786Expenses 2018: $151,355Net Income 2018: $197,4312018Revenue 2019: $567,293Expenses 2019: $101,800Net Income 2019: $465,4932019Revenue 2020: $310,668Expenses 2020: $106,629Net Income 2020: $204,0392020Revenue 2021: $1,948,988Expenses 2021: $267,921Net Income 2021: $1,681,0672021Revenue 2022: $3,255,146Expenses 2022: $323,564Net Income 2022: $2,931,5822022Revenue 2023: $9,551,239Expenses 2023: $651,152Net Income 2023: $8,900,0872023Revenue 2024: $905,963Expenses 2024: $926,843Net Income 2024: -$20,8802024

Highlighted filing

2018

Revenue$348,786
Expenses$151,355
Net Income$197,431
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 22, 2019
Return Version
2018v3.1
Gross Receipts
$348,786
Mission and Program Overview

Mission

To help develop a diverse economy that bolsters business start-up and retention while increasing employment opportunities in rural oklahoma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,113,316$1,244,298▲ $130,982
Cash and Non-Interest-Bearing Accounts$277,670$586,119▲ $308,449
Land, Buildings, and Equipment, Net$2,100$1,800▼ $300
Total Assets$1,393,086$1,832,217▲ $439,131
Liabilities
Unsecured Notes Loans Payable$1,302,215$1,543,915▲ $241,700
Total Liabilities$1,302,215$1,543,915▲ $241,700
Net Assets / Fund Balance
Unrestricted Net Assets$90,871$288,302▲ $197,431
Total Net Assets Fund Balance$90,871$288,302▲ $197,431
Total Liabilities and Net Assets / Fund Balance$1,393,086$1,832,217▲ $439,131

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,800$900$2,700
Investment Program Related Org$2,777--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
John HaysChairman
Doug MisakPresident
Marvin HankinsVice Chairma
Andrew CarruthMember
Beverly BallMember
Dennis KruegerMember
Randy BeutlerMember
Tom FaganMember
Lisa ThiessenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$286,396
Program Service Revenue
$62,390
Investment Income
$0
Other Revenue
$0
All Other Contributions
$28,350
Change in Net Assets
$197,431

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$28,350W-2
Total Noncash Contributions1$28,350-

Audited Revenue Reconciliation

Revenue per Audited Statements
$348,786
Total Revenue per Audited Statements
$348,786
Total Revenue per Form 990
$348,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,005
Salaries, Compensation, and Employee Benefits$28,350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$28,350--$28,350
Interest$18,415--$18,415
Fees for Services Accounting-$4,971-$4,971
Insurance-$4,621-$4,621
Office Expenses-$899-$899
Other Expenses$875$2,110-$875
Depreciation Depletion-$300-$300
Total Functional Expenses$138,454$12,901$0$151,355

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$151,355
Total Expenses per Audited Statements$151,355
Total Expenses per Form 990$151,355
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
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A draft of the 990 was securely emailed to the president and secretary, who in turn forwarded the draft to the board members. Members were encouraged to review the 990 and pose any questions before the return was efiled.”

Form 990, Page 6, Part VI, Line 19

“Upon request from the general public all formation documents and the last three years of tax returns are made available within a reasonable amount of time.”

Filing and Contact Details

Filer

Filer Name
Southwest Intermediary Finance
EIN
45-5151663
Phone
5807743750
Address
PO BOX 2121, WEATHERFORD, OK 73096

Signing Officer

Name
Doug Misak
Title
President
Phone
5807743750
Signed
2019-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Misak
Formed
2012
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Fd Thompson & Co Plc
Address
13320 N MACARTHUR BLVD, OKLAHOMA CITY, OK 73142-3021
Preparer
David P Thompson
Phone
4056036400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“In march 2018, swift issued a promissory note to trey thomason for 50,000 with a 5.5% annual interest rate. As of december 31,2018, the balance of the note receivable was 44,174. In april 2018, swift issued two promissory notes to kids therapy connection, llc for 113,000 with a 5.5% annual interest rate and 50,000 with a 5.5 annual interest rate respectively. As of december 31,2018, the balances of the notes receivable were 110,871 and 47,220. In july 2018, swift issued a promissory note to myriad counseling solutions, llc for 50,000 with a 6.75% annual interest rate. As of december 2018, the balance of the note receivable was 48,639. In november 2018, swift issued a promissory note to bird trucking, llc for 50,000 with a 6% annual interest rate. As of december 31,2018, the balance of the note receivable was 50,000.”

Financial Statement Notes

Schedule D, Page 3, Part X

“"the fasb issued guidance on the accounting for uncertainty in income taxes. Management evaluates and accounts for their uncertain tax positions, if any, in accordance with current accounting guidance. Management has concluded that swift has taken no uncertain tax positions that require adjustment to financial statements in order to comply with the provisions of this guidance. With few exceptions, swift is no longer subject to income tax examinations for years ending on or before december 31,2016."”

Raw XML Appendix395 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO HELP DEVELOP A DIVERSE ECONOMY THAT BOLSTERS BUSINESS START-UP AND RETENTION WHILE INCREASING EMPLOYMENT OPPORTUNITIES IN RURAL OKLAHOMA.
IRS990/AllOtherContributionsAmt028350
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0LISA THIESSEN
IRS990/BooksInCareOfDetail/PhoneNum05807743750
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 CAMPUS DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEATHERFORD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd073096
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0277670
IRS990/CashNonInterestBearingGrp/EOYAmt0586119
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0286396
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0123005
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt062390
IRS990/CYRevenuesLessExpensesAmt0197431
IRS990/CYSalariesCompEmpBnftPaidAmt028350
IRS990/CYTotalExpensesAmt0151355
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0348786
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0300
IRS990/DepreciationDepletionGrp/TotalAmt0300
IRS990/Desc0IN MARCH 2018, SWIFT ISSUED A PROMISSORY NOTE TO TREY THOMASON FOR 50,000 WITH A 5.5% ANNUAL INTEREST RATE. AS OF DECEMBER 31,2018, THE BALANCE OF THE NOTE RECEIVABLE WAS 44,174. IN APRIL 2018, SWIFT ISSUED TWO PROMISSORY NOTES TO KIDS THERAPY CONNECTION, LLC FOR 113,000 WITH A 5.5% ANNUAL INTEREST RATE AND 50,000 WITH A 5.5 ANNUAL INTEREST RATE RESPECTIVELY. AS OF DECEMBER 31,2018, THE BALANCES OF THE NOTES RECEIVABLE WERE 110,871 AND 47,220. IN JULY 2018, SWIFT ISSUED A PROMISSORY NOTE TO MYRIAD COUNSELING SOLUTIONS, LLC FOR 50,000 WITH A 6.75% ANNUAL INTEREST RATE. AS OF DECEMBER 2018, THE BALANCE OF THE NOTE RECEIVABLE WAS 48,639. IN NOVEMBER 2018, SWIFT ISSUED A PROMISSORY NOTE TO BIRD TRUCKING, LLC FOR 50,000 WITH A 6% ANNUAL INTEREST RATE. AS OF DECEMBER 31,2018, THE BALANCE OF THE NOTE RECEIVABLE WAS 50,000.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0138454
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04971
IRS990/FeesForServicesAccountingGrp/TotalAmt04971
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.84
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.84
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.84
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.84
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.84
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.84
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.84
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt815.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN HAYS
IRS990/Form990PartVIISectionAGrp/PersonNm1MARVIN HANKINS
IRS990/Form990PartVIISectionAGrp/PersonNm2BEVERLY BALL
IRS990/Form990PartVIISectionAGrp/PersonNm3RANDY BEUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm4ANDREW CARRUTH
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM FAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DENNIS KRUEGER
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUG MISAK
IRS990/Form990PartVIISectionAGrp/PersonNm8LISA THIESSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0258046
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0348786
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04621
IRS990/InsuranceGrp/TotalAmt04621
IRS990/InterestGrp/ProgramServicesAmt018415
IRS990/InterestGrp/TotalAmt018415
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01113316
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01244298
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0900
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02100
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01800
IRS990/LandBldgEquipCostOrOtherBssAmt02700
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO HELP DEVELOP A DIVERSE ECONOMY THAT BOLSTERS BUSINESS START-UP AND RETENTION WHILE INCREASING EMPLOYMENT OPPORTUNITIES IN RURAL OKLAHOMA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt090871
IRS990/NetAssetsOrFundBalancesEOYAmt0288302
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt028350
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0899
IRS990/OfficeExpensesGrp/TotalAmt0899
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE EXPENSE
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02110
IRS990/OtherExpensesGrp/ProgramServicesAmt090814
IRS990/OtherExpensesGrp/ProgramServicesAmt1875
IRS990/OtherExpensesGrp/TotalAmt090814
IRS990/OtherExpensesGrp/TotalAmt12110
IRS990/OtherExpensesGrp/TotalAmt2875
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt028350
IRS990/OtherSalariesAndWagesGrp/TotalAmt028350
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DOUG MISAK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt060490
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt060490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11900
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt095304
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt017930
IRS990/PYProgramServiceRevenueAmt030160
IRS990/PYRevenuesLessExpensesAmt079534
IRS990/PYSalariesCompEmpBnftPaidAmt028000
IRS990/PYTotalExpensesAmt045930
IRS990/PYTotalRevenueAmt0125464
IRS990/ReconcilationRevenueExpnssAmt0197431
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt062390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0286396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt095304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0391351
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt092550
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0391351
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0286396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt095304
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09651
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0391351
IRS990ScheduleA/TotalSupportAmt0391351
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01800
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0900
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02700
IRS990ScheduleD/ExpensesSubtotalAmt0151355
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01241521
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12777
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LOANS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INTEREST RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/RevenueSubtotalAmt0348786
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0"THE FASB ISSUED GUIDANCE ON THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATES AND ACCOUNTS FOR THEIR UNCERTAIN TAX POSITIONS, IF ANY, IN ACCORDANCE WITH CURRENT ACCOUNTING GUIDANCE. MANAGEMENT HAS CONCLUDED THAT SWIFT HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, SWIFT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS ENDING ON OR BEFORE DECEMBER 31,2016."
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01800
IRS990ScheduleD/TotalBookValueProgramRltdAmt01244298
IRS990ScheduleD/TotalExpensesPerForm990Amt0151355
IRS990ScheduleD/TotalRevenuePerForm990Amt0348786
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0348786
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0151355
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0W-2
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt028350
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN MARCH 2018, SWIFT ISSUED A PROMISSORY NOTE TO TREY THOMASON FOR 50,000 WITH A 5.5% ANNUAL INTEREST RATE. AS OF DECEMBER 31,2018, THE BALANCE OF THE NOTE RECEIVABLE WAS 44,174. IN APRIL 2018, SWIFT ISSUED TWO PROMISSORY NOTES TO KIDS THERAPY CONNECTION, LLC FOR 113,000 WITH A 5.5% ANNUAL INTEREST RATE AND 50,000 WITH A 5.5 ANNUAL INTEREST RATE RESPECTIVELY. AS OF DECEMBER 31,2018, THE BALANCES OF THE NOTES RECEIVABLE WERE 110,871 AND 47,220. IN JULY 2018, SWIFT ISSUED A PROMISSORY NOTE TO MYRIAD COUNSELING SOLUTIONS, LLC FOR 50,000 WITH A 6.75% ANNUAL INTEREST RATE. AS OF DECEMBER 2018, THE BALANCE OF THE NOTE RECEIVABLE WAS 48,639. IN NOVEMBER 2018, SWIFT ISSUED A PROMISSORY NOTE TO BIRD TRUCKING, LLC FOR 50,000 WITH A 6% ANNUAL INTEREST RATE. AS OF DECEMBER 31,2018, THE BALANCE OF THE NOTE RECEIVABLE WAS 50,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE 990 WAS SECURELY EMAILED TO THE PRESIDENT AND SECRETARY, WHO IN TURN FORWARDED THE DRAFT TO THE BOARD MEMBERS. MEMBERS WERE ENCOURAGED TO REVIEW THE 990 AND POSE ANY QUESTIONS BEFORE THE RETURN WAS EFILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST FROM THE GENERAL PUBLIC ALL FORMATION DOCUMENTS AND THE LAST THREE YEARS OF TAX RETURNS ARE MADE AVAILABLE WITHIN A REASONABLE AMOUNT OF TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SOUTHWESTERN OKLAHOMA STATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0736017987
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0100 CAMPUS DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WEATHERFORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd073096
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01393086
IRS990/TotalAssetsEOYAmt01832217
IRS990/TotalAssetsGrp/BOYAmt01393086
IRS990/TotalAssetsGrp/EOYAmt01832217
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0286396
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012901
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0138454
IRS990/TotalFunctionalExpensesGrp/TotalAmt0151355
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01302215
IRS990/TotalLiabilitiesEOYAmt01543915
IRS990/TotalLiabilitiesGrp/BOYAmt01302215
IRS990/TotalLiabilitiesGrp/EOYAmt01543915
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt090871
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0288302
IRS990/TotalProgramServiceExpensesAmt0138454
IRS990/TotalProgramServiceRevenueAmt062390
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt062390
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0348786
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01393086
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01832217
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt090871
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0288302
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01302215
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01543915
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 CAMPUS DR
IRS990/USAddress/CityNm0WEATHERFORD
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073096
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG MISAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05807743750
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHWEST INTERMEDIARY FINANCE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0455151663
ReturnHeader/Filer/PhoneNum05807743750
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2121
ReturnHeader/Filer/USAddress/CityNm0WEATHERFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073096
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0245BE87DB8CBA2889092E33C01AAA767F966B65C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0FFA8D10E876C6559C3AE9FCB2CB53B5D4393FB05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02019-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:24:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731488601
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FD THOMPSON & CO PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013320 N MACARTHUR BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKLAHOMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0731423021
ReturnHeader/PreparerPersonGrp/PhoneNum04056036400
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID P THOMPSON
ReturnHeader/ReturnTs02019-11-05T08:24:55-06:00
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
$1,832,217
Liabilities
$1,543,915
Net assets
$288,302
Revenue
$348,786
Expenses
$151,355
Net income
$197,431
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.9$4.54$14.3$0.91$0.93$0.02
2023Summary only. Only limited summary data is available for this year.$18.9$4.60$14.3$9.55$0.65$8.90
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.33$2.90$5.44$3.26$0.32$2.93
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$3.10$2.50$1.95$0.27$1.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$2.25$0.96$0.31$0.11$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$2.03$0.75$0.57$0.10$0.47
2018Detailed filing. Detailed filing data is available for this year.$1.83$1.54$0.29$0.35$0.15$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$1.30$0.09$0.13$0.05$0.08
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00