Civic Intelligence

Connected Kids Inc.

990EZ • Fiscal year 2020 • EIN 47-2079406

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

7637 S 94th E AveTulsa, OK 74133

(918) 760-5021

Siviq Scores

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

Liabilities / Assets

91st percentile

0.73x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.34x

Higher debt load relative to revenue than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

19th percentile

-27%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$100,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 51.8% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

64th percentile

17%

Faster asset growth than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

22%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$89,041

Up $12,903 (+17%) from 2019

Net Assets

Down

$24,299

Down $51,281 (-68%) from 2019

Liabilities

Up

$64,742

Up $64,184 (+11503%) from 2019

Revenue

Up

$192,964

Up $34,317 (+22%) from 2019

Expenses

Up

$244,245

Up $135,668 (+125%) from 2019

Net Income

Down

-$51,281

Down $101,351 (-202%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $7,076Liabilities 2015: $0Net Assets 2015: $7,0762015Assets 2016: $28,488Liabilities 2016: $02016Assets 2017: $59,719Liabilities 2017: $02017Assets 2018: $27,185Liabilities 2018: $1,675Net Assets 2018: $25,5102018Assets 2019: $76,138Liabilities 2019: $558Net Assets 2019: $75,5802019Assets 2020: $89,041Liabilities 2020: $64,742Net Assets 2020: $24,2992020Assets 2021: $186,882Liabilities 2021: $35,669Net Assets 2021: $151,2132021Assets 2022: $185,635Liabilities 2022: $34,316Net Assets 2022: $151,3192022Assets 2023: $207,301Liabilities 2023: $29,713Net Assets 2023: $177,5882023Assets 2024: $341,894Liabilities 2024: $2,996Net Assets 2024: $338,8982024

Highlighted filing

2020

Assets$89,041
Liabilities$64,742
Net Assets$24,299

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $100,111Expenses 2015: $93,035Net Income 2015: $7,0762015Revenue 2016: $157,350Expenses 2016: $135,938Net Income 2016: $21,4122016Revenue 2017: $67,993Expenses 2017: $36,762Net Income 2017: $31,2312017Revenue 2018: $39,925Expenses 2018: $60,535Net Income 2018: -$20,6102018Revenue 2019: $158,647Expenses 2019: $108,577Net Income 2019: $50,0702019Revenue 2020: $192,964Expenses 2020: $244,245Net Income 2020: -$51,2812020Revenue 2021: $310,934Expenses 2021: $184,489Net Income 2021: $126,4452021Revenue 2022: $319,758Expenses 2022: $319,652Net Income 2022: $1062022Revenue 2023: $342,444Expenses 2023: $316,175Net Income 2023: $26,2692023Revenue 2024: $464,297Expenses 2024: $302,987Net Income 2024: $161,3102024

Highlighted filing

2020

Revenue$192,964
Expenses$244,245
Net Income-$51,281
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$192,964
Mission and Program Overview

Mission

SEE SUPPORTING SCHEDULES

Improve learning skills of children

Program Services

DescriptionGrantsExpenses
PROVIDE BACKPACKS FILLED WITH CURRICULUM AND INTERACTIVE ACTIVITIES FOR PARENTS TO USE WITH THEIR CHILDREN DURING AT HOME LEARNING. BACKPACKS REPLENISHED MONTHLY WITH NEW LESSONS-$48,306
EDUCATION PROGRAMS: 2 DAY TRAINING EVENTS FOR K-12 TEACHERS, PRINCIPALS AND COUNSELORS ON EVIDENCED BASED STRATEGIES FOR CHILDREN WHO HAVE EXPERIENCED TRAUMA-$41,126
EDUCATION PROGRAM: 5 DAY PLUS FELLOWSHIP EVENTS, INTENSE TRAINING FOR K-12 TEACHERS, PRINCIPALS, COUNSELORS ON EVIDENCED-BASED STRATEGIES FOR CHILDREN WHO HAVE BEEN EXPO-$22,132
Other program services-$5,819
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARBARA SORRELSCEO And FounderFT$100,000-$100,000
CATHY CHALMERSBoard MemberPT$32,847-$32,847
PAM CROOKEDACREBoard Member-$0--
JAN MILLERBoard Member-$0--
NATHAN KELTNERBoard Member-$0--
JIM BEASLEYBoard Member-$0--
WAYNE PYLEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Connected Kids Inc
EIN
47-2079406
Address
7637 S 94TH E AVE, TULSA, OK 74133

Signing Officer

Name
Barbara Sorrels
Title
CEO
Phone
9187605021
Signed
2021-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Anderson Tax & Accounting Services
Address
223 E 128TH PL S, Jenks, OK 74037
Preparer
Suzanne Leigh Anderson CPA
Phone
9186930182
Supplemental Narrative

Additional Explanations

General explanation attachment

Primary exempt purpose: educating and supporting committed parents, guardians, educators and advocates with evidence based parenting strategies for chirldren with significant behavior challenges. Reason for late return: a new bookkeeper beginning in november 2019, unavailability of 2018 cpa and covid-19 delated the required attention on the form 990 process. Form 8868 was electronically filed on july 21, 2020 requestig an extension to november 15, 2020.

Description of other revenue Part I line 8

Description amountinterest income 62sba ppp loan and tulsa cty grant 32,250

Description of other expenses Part I line 16

Description amountmeals and meeting food 7,644dues 194conferences, meetings, conventions 200banking and paypal fees 449telephone 686travel 757insurance 1,170office supplies 1,808internet and technology 2,109teaching supplies 7,689payroll taxes 12,576grant fees 6,322

Description of other assets Part II line 24

Category beginning of year end of yearfed payroll taxes overpd 0 5,463

Description of total liabilities Part II line 26

Category beginning of year end of yearfederal payroll taxes 349 0oklahoma payroll taxes 209 97sba ppp loan 0 28,800sba eidl loan 0 35,845

Other program services Part III line 31

OTHER PROGRAM SERVICES

Raw XML Appendix192 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/ExplanationTxt0PRIMARY EXEMPT PURPOSE: EDUCATING AND SUPPORTING COMMITTED PARENTS, GUARDIANS, EDUCATORS AND ADVOCATES WITH EVIDENCE BASED PARENTING STRATEGIES FOR CHIRLDREN WITH SIGNIFICANT BEHAVIOR CHALLENGES. REASON FOR LATE RETURN: A NEW BOOKKEEPER BEGINNING IN NOVEMBER 2019, UNAVAILABILITY OF 2018 CPA AND COVID-19 DELATED THE REQUIRED ATTENTION ON THE FORM 990 PROCESS. FORM 8868 WAS ELECTRONICALLY FILED ON JULY 21, 2020 REQUESTIG AN EXTENSION TO NOVEMBER 15, 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTINTEREST INCOME 62SBA PPP LOAN AND TULSA CTY GRANT 32,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTMEALS AND MEETING FOOD 7,644DUES 194CONFERENCES, MEETINGS, CONVENTIONS 200BANKING AND PAYPAL FEES 449TELEPHONE 686TRAVEL 757INSURANCE 1,170OFFICE SUPPLIES 1,808INTERNET AND TECHNOLOGY 2,109TEACHING SUPPLIES 7,689PAYROLL TAXES 12,576GRANT FEES 6,322
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROGRAM SERVICES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other program services Part III line 31
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ReturnHeader/TaxPeriodEndDt02020-12-31
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