Civic Intelligence

Goodland Inc.

990 • Fiscal year 2020 • EIN 73-0619618

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2021

PO Box 1056Hugo, OK 74743

(580) 326-7568

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

66th percentile

15%

Higher net margin than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

52nd percentile

6.7%

Faster asset growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

4.2%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,844,277

Up $178,731 (+6.7%) from 2019

Net Assets

Up

$2,840,712

Up $180,665 (+6.8%) from 2019

Liabilities

Down

$3,565

Down $1,934 (-35%) from 2019

Revenue

Up

$1,229,171

Up $49,577 (+4.2%) from 2019

Expenses

Up

$1,048,506

Up $99,590 (+10%) from 2019

Net Income

Down

$180,665

Down $50,013 (-22%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,581,413Liabilities 2011: $26,160Net Assets 2011: $1,555,2532011Assets 2012: $1,452,388Liabilities 2012: $27,831Net Assets 2012: $1,424,5572012Assets 2013: $1,490,847Liabilities 2013: $19,238Net Assets 2013: $1,471,6092013Assets 2014: $1,919,027Liabilities 2014: $13,963Net Assets 2014: $1,905,0642014Assets 2015: $2,226,751Liabilities 2015: $43,175Net Assets 2015: $2,183,5762015Assets 2016: $2,099,581Liabilities 2016: $51,455Net Assets 2016: $2,048,1262016Assets 2017: $2,502,351Liabilities 2017: $41,236Net Assets 2017: $2,461,1152017Assets 2018: $2,429,902Liabilities 2018: $533Net Assets 2018: $2,429,3692018Assets 2019: $2,665,546Liabilities 2019: $5,499Net Assets 2019: $2,660,0472019Assets 2020: $2,844,277Liabilities 2020: $3,565Net Assets 2020: $2,840,7122020Assets 2021: $2,879,227Liabilities 2021: $1,853Net Assets 2021: $2,877,3742021Assets 2022: $2,251,716Liabilities 2022: $79Net Assets 2022: $2,251,6372022Assets 2023: $2,494,606Liabilities 2023: $6,140Net Assets 2023: $2,488,4662023Assets 2024: $4,682,583Liabilities 2024: $35,910Net Assets 2024: $4,646,6732024

Highlighted filing

2020

Assets$2,844,277
Liabilities$3,565
Net Assets$2,840,712

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $745,722Expenses 2011: $1,039,629Net Income 2011: -$293,9072011Revenue 2012: $935,168Expenses 2012: $1,065,864Net Income 2012: -$130,6962012Revenue 2013: $956,763Expenses 2013: $909,712Net Income 2013: $47,0512013Revenue 2014: $1,213,062Expenses 2014: $779,608Net Income 2014: $433,4542014Revenue 2015: $1,149,076Expenses 2015: $870,568Net Income 2015: $278,5082015Revenue 2016: $689,230Expenses 2016: $824,680Net Income 2016: -$135,4502016Revenue 2017: $1,564,456Expenses 2017: $1,151,467Net Income 2017: $412,9892017Revenue 2018: $904,641Expenses 2018: $936,387Net Income 2018: -$31,7462018Revenue 2019: $1,179,594Expenses 2019: $948,916Net Income 2019: $230,6782019Revenue 2020: $1,229,171Expenses 2020: $1,048,506Net Income 2020: $180,6652020Revenue 2021: $1,149,594Expenses 2021: $1,071,856Net Income 2021: $77,7382021Revenue 2022: $358,076Expenses 2022: $983,813Net Income 2022: -$625,7372022Revenue 2023: $823,562Expenses 2023: $586,733Net Income 2023: $236,8292023Revenue 2024: $2,941,579Expenses 2024: $783,372Net Income 2024: $2,158,2072024

Highlighted filing

2020

Revenue$1,229,171
Expenses$1,048,506
Net Income$180,665
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.0
Gross Receipts
$1,229,171
Mission and Program Overview

Mission

Serves youth in need of a safe christian environment through education and character development.

Provides supervision, education, and 24-day care in a home life environment to needy children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,696,064$2,030,657▲ $334,593
Land, Buildings, and Equipment, Net$690,005$653,976▼ $36,029
Cash and Non-Interest-Bearing Accounts$279,477$159,644▼ $119,833
Total Assets$2,665,546$2,844,277▲ $178,731
Liabilities
Accounts Payable and Accrued Expenses$5,499$3,565▼ $1,934
Total Liabilities$5,499$3,565▼ $1,934
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,363,195$2,486,124▲ $122,929
Net Assets With Donor Restrictions$296,852$354,588▲ $57,736
Total Net Assets Fund Balance$2,660,047$2,840,712▲ $180,665
Total Liabilities and Net Assets / Fund Balance$2,665,546$2,844,277▲ $178,731

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$251,526$962,469$1,213,995
Land$195,000-$195,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christine BoosCVO
Jane UmstedDev. Finance
Bradley BurrageDev. Program
David CoxDevelopment
David DearingerExecutive Di
Ben ClarkFacilities
Bryon GatesFacilities
John HambyFacilities
Rev L Nelson BellFacilities
Rev Wayne HardyFacilities
Kyle TravisFacilities -
Bob MudieFinance Dev.
Brent ShainFinance Dev.
Charles FolsomFinance Dev.
Tom DamanFinance Dev.
Linda Jo MaxFinance Faci
Dennis HinesMarketing
Dan BarneyMember
Dr Edwin BernardMember
Chris HolderProgram
Chuck BattlesProgram
Charlie BaucomProgram Dev.
Revenue and Support

Revenue Composition

Contributions and Grants
$738,413
Program Service Revenue
$28,600
Investment Income
$347,677
Other Revenue
$114,481
All Other Contributions
$722,984
Change in Net Assets
$180,665

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,229,171
Total Revenue per Audited Statements
$1,229,171
Total Revenue per Form 990
$1,229,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$546,794
Other Expenses$501,712
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$398,996--$398,996
Other Employee Benefits$116,544--$116,544
Occupancy$81,591--$81,591
Depreciation Depletion$58,498--$58,498
Insurance$55,030--$55,030
Payroll Taxes$31,254--$31,254
Other Expenses$26,429$56,444-$26,429
All Other Expenses-$24,777-$24,777
Travel$333--$333
Total Functional Expenses$967,285$81,221$0$1,048,506

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,048,506
Total Expenses per Audited Statements$1,048,506
Total Expenses per Form 990$1,048,506
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
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

All documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Goodland Inc
EIN
73-0619618
Phone
5803267568
Address
PO BOX 1056, HUGO, OK 74743

Signing Officer

Name
David Dearinger
Title
Executive Director
Phone
5803267568
Signed
2021-05-12

Organization Details

Principal Officer
David Dearinger
Legal Domicile
Ok
Voting Board Members
21
Independent Board Members
21
Employees
17

Preparer

Firm
RUSSELL & WILLIAMS CPA'S PC
Address
2812 NW 57TH ST STE 102, OKLAHOMA CITY, OK 73112-7064
Preparer
Autumn L Williams
Phone
4056078743
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

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IRS990/OtherExpensesGrp/Desc2SUPPLIES PROGRAM
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
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IRS990/TotalAssetsGrp/EOYAmt02844277

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.04$4.65$2.94$0.78$2.16
2023Summary only. Only limited summary data is available for this year.$2.49$0.01$2.49$0.82$0.59$0.24
2022Summary only. Only limited summary data is available for this year.$2.25$0.00$2.25$0.36$0.98$0.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.00$2.88$1.15$1.07$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$1.23$1.05$0.18
2019Summary only. Only limited summary data is available for this year.$2.67$0.01$2.66$1.18$0.95$0.23
2018Summary only. Only limited summary data is available for this year.$2.43$0.00$2.43$0.90$0.94$0.03
2017Summary only. Only limited summary data is available for this year.$2.50$0.04$2.46$1.56$1.15$0.41
2016Summary only. Only limited summary data is available for this year.$2.10$0.05$2.05$0.69$0.82$0.14
2015Summary only. Only limited summary data is available for this year.$2.23$0.04$2.18$1.15$0.87$0.28
2014Summary only. Only limited summary data is available for this year.$1.92$0.01$1.91$1.21$0.78$0.43
2013Summary only. Only limited summary data is available for this year.$1.49$0.02$1.47$0.96$0.91$0.05
2012Summary only. Only limited summary data is available for this year.$1.45$0.03$1.42$0.94$1.07$0.13
2011Summary only. Only limited summary data is available for this year.$1.58$0.03$1.56$0.75$1.04$0.29