Civic Intelligence

Foundation for Economic Prosperity Inc

EIN 46-5333489 • 501(c)4 • Oklahoma City, OK

Profile

Foundation for economic prosperity inc was formed for the purpose of educating the public on and advocating for free market policies that will promote job creation and individual liberty and conservative solutions to policy problems facing society.

316 NW 61st StOklahoma City, OK 73118

foundationforeconomicprosperity.org

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

5th percentile

-257%

Higher net margin than 5% of similar nonprofits.

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

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

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

Asset Growth

8th percentile

-91%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

9th percentile

-75%

Faster revenue growth than 9% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$344

Down $3,390 (-91%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$344

Down $3,390 (-91%) from 2019

Operations
Liabilities / RevenueScore unavailableNet Margin5th percentile

Revenue

Down

$1,319

Down $4,025 (-75%) from 2019

Expenses

Up

$4,709

Up $851 (+22%) from 2019

Net Income

Down

-$3,390

Down $4,876 (-328%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2014: $554Liabilities 2014: $0Net Assets 2014: $5542014Assets 2017: $6,629Net Assets 2017: $6,6292017Assets 2018: $2,248Liabilities 2018: $0Net Assets 2018: $2,2482018Assets 2019: $3,734Net Assets 2019: $3,7342019Assets 2020: $344Net Assets 2020: $3442020

Highlighted filing

2020

Assets$344
Liabilities-
Net Assets$344
Open 2020 Filing

Operations Trend

Revenue Growth9th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $961,000Expenses 2014: $960,446Net Income 2014: $5542014Revenue 2017: $118,705Expenses 2017: $113,630Net Income 2017: $5,0752017Revenue 2018: $1,041,020Expenses 2018: $1,045,401Net Income 2018: -$4,3812018Revenue 2019: $5,344Expenses 2019: $3,858Net Income 2019: $1,4862019Revenue 2020: $1,319Expenses 2020: $4,709Net Income 2020: -$3,3902020

Highlighted filing

2020

Revenue$1,319
Expenses$4,709
Net Income-$3,390
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$344
Liabilities
-
Net assets
$344
Revenue
$1,319
Expenses
$4,709
Net income
-$3,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.04$1.05$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.12$0.11$0.01
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.96$0.96$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$1,319
Mission and Program Overview

Mission

Foundation for economic prosperity inc was formed for the purpose of educating the public on and advocating for free market policies that will promote job creation and individual liberty and conservative solutions to policy problems facing society.

Program Services

DescriptionGrantsExpenses
HOSTED EVENTS AND ENGAGED CONSULTANTS TO PROVIDE INFORMATION ON REGULATORY REFORM ISSUES RELATING TO POLICIES CONSISTENT WITH THE ORGANIZATION'S EXEMPT PURPOSE, INCLUDING EVENTS TO EDUCATE DONORS AND PROSPECTIVE DONORS WITH ISSUE BRIEFINGS.$4,629-
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN RICHARDSONDirector & Pres-$0--
JERI RICHARDSONDirector/Treas-$0--
KARMA ROBINSONDirector-$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gr Pro LLCOfficers LLCConsult/event MgmtNo-
Sagac Public Affairs LLCOfficers LLCEvent Mgmt/advertNo-
Filing and Contact Details

Filer

Filer Name
Foundation for Economic Prosperity Inc
EIN
46-5333489
Phone
4056013775
Address
316 NW 61ST ST, OKLAHOMA CITY, OK 73118

Signing Officer

Name
John Richardson
Title
Director & Pres
Signed
2021-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Cole & Company CPAs PC
Address
2925 NW 156th St, Edmond, OK 73013
Preparer
R Brett Cole
Phone
4054184444
Supplemental Narrative

Additional Explanations

Other Expenses.1

“WEBSITE $2801”

Other Expenses.2

“FILING FEES $723”

Other Expenses.3

“BANK CHARGES $80”

Raw XML Appendix123 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN RICHARDSON
IRS990EZ/BooksInCareOfDetail/PhoneNum04056013775
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04308 N CLASSEN BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OKLAHOMA CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd073118
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03734
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0344
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01318
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3390
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01105
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03734
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0344
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt01319
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03734
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0344
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03734
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0344
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JERI RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KARMA ROBINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR & PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR/TREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03604
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FOUNDATION FOR ECONOMIC PROSPERITY INC WAS FORMED FOR THE PURPOSE OF EDUCATING THE PUBLIC ON AND ADVOCATING FOR FREE MARKET POLICIES THAT WILL PROMOTE JOB CREATION AND INDIVIDUAL LIBERTY AND CONSERVATIVE SOLUTIONS TO POLICY PROBLEMS FACING SOCIETY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOSTED EVENTS AND ENGAGED CONSULTANTS TO PROVIDE INFORMATION ON REGULATORY REFORM ISSUES RELATING TO POLICIES CONSISTENT WITH THE ORGANIZATION'S EXEMPT PURPOSE, INCLUDING EVENTS TO EDUCATE DONORS AND PROSPECTIVE DONORS WITH ISSUE BRIEFINGS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04629
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OK
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04709
IRS990EZ/TotalProgramServiceExpensesAmt04629
IRS990EZ/TotalRevenueAmt01319
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FOUNDATIONFORECONOMICPROSPERITY.ORG
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0GR PRO LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1SAGAC PUBLIC AFFAIRS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICERS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OFFICERS LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSULT/EVENT MGMT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1EVENT MGMT/ADVERT
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0ISSUE ADVOCACY
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0ADVANCING FREEDOM
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0COMMON OFFICERS
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0GRANT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WEBSITE $2801
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FILING FEES $723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $80
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN RICHARDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR & PRES
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR ECONOMIC PROSPERITY INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0465333489
ReturnHeader/Filer/PhoneNum04056013775
ReturnHeader/Filer/USAddress/AddressLine1Txt0316 NW 61ST ST
ReturnHeader/Filer/USAddress/CityNm0OKLAHOMA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073118
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208257738
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cole & Company CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02925 NW 156th St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Edmond
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073013
ReturnHeader/PreparerPersonGrp/PhoneNum04054184444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R Brett Cole
ReturnHeader/ReturnTs02021-11-12T11:17:09-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RICHARDSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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