Civic Intelligence

First Serve Okc Foundation

990 • Fiscal year 2017 • EIN 46-3499004

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

7301 Broadway Ext Suite 225Oklahoma City, OK 73116

(405) 315-3822

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

86th percentile

35%

Higher net margin than 86% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$63,040

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

88th percentile

69%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

7th percentile

-62%

Faster revenue growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$345,427

Up $141,255 (+69%) from 2016

Net Assets

Up

$343,584

Up $139,412 (+68%) from 2016

Liabilities

Up

$1,843

Up $1,843 from 2016

Revenue

Down

$381,618

Down $609,957 (-62%) from 2016

Expenses

Down

$248,831

Down $81,003 (-25%) from 2016

Net Income

Down

$132,787

Down $528,954 (-80%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2014: $622,240Liabilities 2014: $0Net Assets 2014: $622,2402014Assets 2015: $44,382Liabilities 2015: $501,951Net Assets 2015: -$457,5692015Assets 2016: $204,172Liabilities 2016: $0Net Assets 2016: $204,1722016Assets 2017: $345,427Liabilities 2017: $1,843Net Assets 2017: $343,5842017Assets 2018: $336,875Liabilities 2018: $0Net Assets 2018: $336,8752018Assets 2019: $366,365Liabilities 2019: $0Net Assets 2019: $366,3652019Assets 2020: $384,889Liabilities 2020: $37Net Assets 2020: $384,8522020Assets 2021: $224,307Liabilities 2021: $6,291Net Assets 2021: $218,0162021Assets 2022: $225,417Liabilities 2022: $17,559Net Assets 2022: $207,8582022Assets 2023: $262,491Liabilities 2023: $11,352Net Assets 2023: $251,1392023Assets 2024: $400,325Liabilities 2024: $25,099Net Assets 2024: $375,2262024

Highlighted filing

2017

Assets$345,427
Liabilities$1,843
Net Assets$343,584

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2014: $446,228Expenses 2014: $171,675Net Income 2014: $274,5532014Revenue 2015: $891,381Expenses 2015: $1,971,190Net Income 2015: -$1,079,8092015Revenue 2016: $991,575Expenses 2016: $329,834Net Income 2016: $661,7412016Revenue 2017: $381,618Expenses 2017: $248,831Net Income 2017: $132,7872017Revenue 2018: $334,348Expenses 2018: $341,057Net Income 2018: -$6,7092018Revenue 2019: $268,752Expenses 2019: $239,262Net Income 2019: $29,4902019Revenue 2020: $298,432Expenses 2020: $279,945Net Income 2020: $18,4872020Revenue 2021: $410,261Expenses 2021: $577,097Net Income 2021: -$166,8362021Revenue 2022: $369,802Expenses 2022: $379,960Net Income 2022: -$10,1582022Revenue 2023: $478,799Expenses 2023: $435,518Net Income 2023: $43,2812023Revenue 2024: $586,442Expenses 2024: $462,355Net Income 2024: $124,0872024

Highlighted filing

2017

Revenue$381,618
Expenses$248,831
Net Income$132,787
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$416,350
Mission and Program Overview

Mission

Strengthening the lives and enhancing the character of oklahoma city youth through tennis and education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$203,678$345,369▲ $141,691
Prepaid Expenses and Deferred Charges$494$58▼ $436
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$204,172$345,427▲ $141,255
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$1,843▲ $1,843
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$1,843▲ $1,843
Net Assets / Fund Balance
Unrestricted Net Assets$204,172$343,584▲ $139,412
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$204,172$343,584▲ $139,412
Total Liabilities and Net Assets / Fund Balance$204,172$345,427▲ $141,255
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emily TigertExecutive DirectorFT$63,040$63,040
Tearsa OlsonDevelopment DirectorFT$58,034$58,034

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$398,988
Program Service Revenue
$10,630
Investment Income
$12
Other Revenue
$-28,012
All Other Contributions
$353,311
Change in Net Assets
$132,787
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$143,525
Other Expenses$56,251
Grants and Similar Amounts Paid$49,055
Total Fundraising Expense$25,871
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$46,290$50,451$24,333$121,074
Grants to Domestic Orgs$46,530--$46,530
Other Salaries and Wages$22,451--$22,451
Travel$4,742$865-$5,607
Office Expenses$3,586$1,410-$4,996
Advertising$1,165-$1,538$2,703
Grants to Domestic Individuals$2,525--$2,525
Information Technology$584$550-$1,134
Fees for Services Accounting-$1,119-$1,119
Other Expenses$5,565$589-$589
Insurance$134--$134
Total Functional Expenses$167,976$54,984$25,871$248,831
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Adg PcOklahoma City, OK-Construction of Tennis Courts and Facilities$44,630
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$34,732
Fundraising Gross Income$6,720
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raise Your Rack$52,397$6,720$11,028$-4,308
Total Events$52,397$6,720$34,732$-28,012
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
OKC Public Tennis LLCDisregarded entity of directorpayment for supplies/servicesNo$16,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Pat donehue was paid by the allen family (mark allen's family) and the mclaughlin family (kelly gray's family) for assistance with tax planning.

Form 990, Part VI, Section A, Line 8B

N/A

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

A final version of the form 990 was provided to and approved by the executive director before the form was filed with the irs.

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

If interest exists: after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Procedures for addressing the conflict of interest: an interested person may make a presentation at the board meeting or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The president or chair of the committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or committee shall determine whether first serve okc can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in first serve's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.

Form 990, Part VI, Section C, Line 19

Available through the oklahoma secretary of state or upon request.

Filing and Contact Details

Filer

Filer Name
First Serve OKC Foundation
EIN
46-3499004
In Care Of
% PATRICK S DONEHUE CPA
Phone
4053153822
Address
7301 Broadway Ext Suite 225, Oklahoma City, OK 73116

Signing Officer

Name
Emily Tigert
Title
Executive Director
Phone
4056024090
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Tigert
Formed
2013
Legal Domicile
Ok
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
40

Preparer

Firm
Bkd Llp
Address
211 N ROBINSON AVE STE 600, OKLAHOMA CITY, OK 73102-9421
Preparer
Mandy M Garvie
Phone
4056062580
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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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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01410
IRS990/OfficeExpensesGrp/ProgramServicesAmt03586
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