Civic Intelligence

Project 58 Inc.

990 • Fiscal year 2017 • EIN 56-2466465

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 03, 2018

Organization Profile
823west CaliforniaOklahoma City, OK 73102

(405) 842-0628

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$78,815

Down $498 (-0.6%) from 2016

Net Assets

Down

$78,815

Down $498 (-0.6%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses

Revenue

Up

$129,585

Up $12,604 (+11%) from 2016

Expenses

Up

$130,083

Up $4,389 (+3.5%) from 2016

Net Income

Up

-$498

Up $8,215 (+94%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $0Net Assets 2010: $02010Assets 2011: $200Net Assets 2011: $2002011Assets 2012: $8,867Liabilities 2012: $02012Assets 2013: $17,451Liabilities 2013: $02013Assets 2014: $18,441Liabilities 2014: $02014Assets 2015: $88,026Liabilities 2015: $0Net Assets 2015: $88,0262015Assets 2016: $79,313Liabilities 2016: $0Net Assets 2016: $79,3132016Assets 2017: $78,815Liabilities 2017: $0Net Assets 2017: $78,8152017Assets 2018: $66,775Liabilities 2018: $0Net Assets 2018: $66,7752018Assets 2019: $73,330Liabilities 2019: $9,000Net Assets 2019: $64,3302019Assets 2020: $62,162Liabilities 2020: $733Net Assets 2020: $61,4292020Assets 2021: $55,532Liabilities 2021: $926Net Assets 2021: $54,6062021Assets 2022: $54,258Liabilities 2022: $1,282Net Assets 2022: $52,9762022Assets 2023: $54,448Liabilities 2023: $1,280Net Assets 2023: $53,1682023Assets 2024: $47,349Liabilities 2024: $1,280Net Assets 2024: $46,0692024

Highlighted filing

2017

Assets$78,815
Liabilities$0
Net Assets$78,815
Open 2017 Filing

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $8,660Expenses 2010: $26,869Net Income 2010: -$18,2092010Revenue 2011: $36,000Expenses 2011: $35,800Net Income 2011: $2002011Revenue 2012: $151,303Expenses 2012: $148,590Net Income 2012: $2,7132012Revenue 2013: $186,599Expenses 2013: $178,015Net Income 2013: $8,5842013Revenue 2014: $187,475Expenses 2014: $186,485Net Income 2014: $9902014Revenue 2015: $234,037Expenses 2015: $164,452Net Income 2015: $69,5852015Revenue 2016: $116,981Expenses 2016: $125,694Net Income 2016: -$8,7132016Revenue 2017: $129,585Expenses 2017: $130,083Net Income 2017: -$4982017Revenue 2018: $98,277Expenses 2018: $110,317Net Income 2018: -$12,0402018Revenue 2019: $98,766Expenses 2019: $101,211Net Income 2019: -$2,4452019Revenue 2020: $96,799Expenses 2020: $99,700Net Income 2020: -$2,9012020Revenue 2021: $69,328Expenses 2021: $76,151Net Income 2021: -$6,8232021Revenue 2022: $82,206Expenses 2022: $83,836Net Income 2022: -$1,6302022Revenue 2023: $68,458Expenses 2023: $68,266Net Income 2023: $1922023Revenue 2024: $0Expenses 2024: $7,099Net Income 2024: -$7,0992024

Highlighted filing

2017

Revenue$129,585
Expenses$130,083
Net Income-$498
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 3, 2018
Return Version
2016v3.0
Gross Receipts
$129,585
Mission and Program Overview

Mission

Mission and church planting by offering housing to homeless and the underprivileged

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$79,313$78,815▼ $498
Land, Buildings, and Equipment, Net$54,330$52,205▼ $2,125
Cash and Non-Interest-Bearing Accounts$24,983$26,610▲ $1,627
Total Assets$79,313$78,815▼ $498
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$79,313$78,815▼ $498
Total Liabilities and Net Assets / Fund Balance$79,313$78,815▼ $498

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$32,757$2,243$35,000
Land$17,000-$17,000
Equipment$2,448$1,552$4,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim UlrichSecretaryPT$9,000$9,000

Board Members and Trustees

NameTitle
Joe QuinlanPresident
Lance HumphreysVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$9,990
Program Service Revenue
$119,595
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,990
Change in Net Assets
$-498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$130,083
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
Occupancy$107,510--$107,510
Fees for Services Management$9,000--$9,000
Other Expenses$8,982--$8,982
Depreciation Depletion$2,125--$2,125
Fees for Services Accounting$775--$775
Total Functional Expenses$130,083$0$0$130,083
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Section B, Line 11B

“A copy of the form 990 is reviewed by the board members in an annual meeting and approved before filing.”

Filing and Contact Details

Filer

Filer Name
Project 58 Inc
EIN
56-2466465
Address
823WEST CALIFORNIA, OKLAHOMA CITY, OK 73102

Signing Officer

Name
Joe Quinlin
Title
Secretary
Signed
2018-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Quinlin
Formed
2004
Legal Domicile
Ok
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
WRIGHT MCAFEE CO CPA'S
Address
3801 NW 63RD ST STE 260, OKLAHOMA CITY, OK 73116
Preparer
Robert Mcafee
Phone
4058420628
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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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ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,815
Liabilities
$0
Net assets
$78,815
Revenue
$129,585
Expenses
$130,083
Net income
-$498
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.46$0.00$0.07$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.68$0.68$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.82$0.84$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.01$0.55$0.69$0.76$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$0.97$1.00$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.09$0.64$0.99$1.01$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.98$1.10$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.30$1.30$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.17$1.26$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$2.34$1.64$0.70
2014Summary only. Only limited summary data is available for this year.$0.18$0.00$1.87$1.86$0.01
2013Summary only. Only limited summary data is available for this year.$0.17$0.00$1.87$1.78$0.09
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$1.51$1.49$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.36$0.36$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.09$0.27$0.18