Civic Intelligence

Midwestern Oklahoma Development Auth

990 • Fiscal year 2019 • EIN 73-0791758

Oct 01, 2018 to Sep 30, 2019 • Filed on Sep 01, 2020

PO Box 549Burns Flat, OK 73624

(580) 562-3111

Siviq Scores

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

Liabilities / Assets

34th percentile

0.05x

Higher debt load relative to assets than 34% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.43x

Higher debt load relative to revenue than 67% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Net Margin

78th percentile

28%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

54th percentile

4.5%

Faster asset growth than 54% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

13%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,961,973

Up $340,927 (+4.5%) from 2018

Net Assets

Up

$7,600,939

Up $232,284 (+3.2%) from 2018

Liabilities

Up

$361,034

Up $108,643 (+43%) from 2018

Revenue

Up

$840,248

Up $94,456 (+13%) from 2018

Expenses

Down

$607,964

Down $13,539 (-2.2%) from 2018

Net Income

Up

$232,284

Up $107,995 (+87%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $6,144,587Liabilities 2011: $155,056Net Assets 2011: $5,989,5312011Assets 2012: $6,367,290Liabilities 2012: $172,427Net Assets 2012: $6,194,8632012Assets 2013: $6,602,615Liabilities 2013: $244,811Net Assets 2013: $6,357,8042013Assets 2014: $6,993,342Liabilities 2014: $270,807Net Assets 2014: $6,722,5352014Assets 2015: $6,893,925Liabilities 2015: $293,405Net Assets 2015: $6,600,5202015Assets 2016: $7,243,881Liabilities 2016: $346,558Net Assets 2016: $6,897,3232016Assets 2017: $7,522,308Liabilities 2017: $277,942Net Assets 2017: $7,244,3662017Assets 2018: $7,621,046Liabilities 2018: $252,391Net Assets 2018: $7,368,6552018Assets 2019: $7,961,973Liabilities 2019: $361,034Net Assets 2019: $7,600,9392019Assets 2020: $8,063,221Liabilities 2020: $200,046Net Assets 2020: $7,863,1752020Assets 2021: $9,116,260Liabilities 2021: $258,711Net Assets 2021: $8,857,5492021Assets 2022: $8,270,166Liabilities 2022: $264,428Net Assets 2022: $8,005,7382022Assets 2023: $8,864,109Liabilities 2023: $276,284Net Assets 2023: $8,587,8252023Assets 2024: $10,322,390Liabilities 2024: $267,967Net Assets 2024: $10,054,4232024Assets 2025: $11,131,552Liabilities 2025: $159,507Net Assets 2025: $10,972,0452025

Highlighted filing

2019

Assets$7,961,973
Liabilities$361,034
Net Assets$7,600,939

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $587,280Expenses 2011: $515,587Net Income 2011: $71,6932011Expenses 2012: $661,4322012Expenses 2013: $727,2442013Revenue 2014: $1,065,085Expenses 2014: $700,354Net Income 2014: $364,7312014Revenue 2015: $803,836Expenses 2015: $925,851Net Income 2015: -$122,0152015Revenue 2016: $972,635Expenses 2016: $675,832Net Income 2016: $296,8032016Revenue 2017: $934,127Expenses 2017: $587,084Net Income 2017: $347,0432017Revenue 2018: $745,792Expenses 2018: $621,503Net Income 2018: $124,2892018Revenue 2019: $840,248Expenses 2019: $607,964Net Income 2019: $232,2842019Revenue 2020: $836,515Expenses 2020: $574,279Net Income 2020: $262,2362020Revenue 2021: $884,661Expenses 2021: $557,703Net Income 2021: $326,9582021Revenue 2022: $845,513Expenses 2022: $459,719Net Income 2022: $385,7942022Revenue 2023: $721,997Expenses 2023: $529,402Net Income 2023: $192,5952023Revenue 2024: $832,617Expenses 2024: $488,262Net Income 2024: $344,3552024Revenue 2025: $1,005,683Expenses 2025: $512,268Net Income 2025: $493,4152025

Highlighted filing

2019

Revenue$840,248
Expenses$607,964
Net Income$232,284
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Sep 1, 2020
Return Version
2018v3.1
Gross Receipts
$1,162,373
Mission and Program Overview

Mission

Economic development & housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$7,368,655$7,600,939▲ $232,284
Savings and Temporary Cash Investments$4,348,934$4,409,341▲ $60,407
Land, Buildings, and Equipment, Net$3,051,580$3,052,398▲ $818
Cash and Non-Interest-Bearing Accounts$141,687$440,496▲ $298,809
Prepaid Expenses and Deferred Charges$17,058$17,501▲ $443
Accounts Receivable$2,745$3,833▲ $1,088
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$7,621,046$7,961,973▲ $340,927
Other Assets Total$59,042$38,404▼ $20,638
Liabilities
Accounts Payable and Accrued Expenses$76,119$184,917▲ $108,798
Grants Payable$121,780$145,679▲ $23,899
Other Liabilities$54,492$30,438▼ $24,054
Total Liabilities$252,391$361,034▲ $108,643
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,368,655$7,600,939▲ $232,284
Total Liabilities and Net Assets / Fund Balance$7,621,046$7,961,973▲ $340,927

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,985,069$1,389,228-
Land$57,764--
Equipment$9,565$174,138-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don GretemanChairman
Guy HyltonVice chairman
Kathy CarlisleExecutive Director
Jason HulinMember
Jimmy IngramMember
Lee LitterellMember
Rick WeistMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$224,722
Other Revenue
$615,526
Change in Net Assets
$232,284
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,251
Salaries, Compensation, and Employee Benefits$258,864
Grants and Similar Amounts Paid$86,849
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$159,608--$159,608
Other Salaries and Wages$99,415--$99,415
Grants to Domestic Orgs$86,849--$86,849
Current Officers, Directors, Trustees, and Key Employees$78,400--$78,400
Other Employee Benefits$42,409--$42,409
Insurance$24,319--$24,319
Pension Plan Contributions$23,722--$23,722
Fees for Services Accounting$21,965--$21,965
Occupancy$20,719--$20,719
Payroll Taxes$14,918--$14,918
Fees for Services Legal-$6,600-$6,600
Travel$4,200--$4,200
Other Expenses$3,419$4,526-$3,419
Advertising$3,100--$3,100
Office Expenses$2,975--$2,975
Information Technology$1,971--$1,971
Conferences and Meetings-$1,123-$1,123
Interest$350--$350
Total Functional Expenses$595,715$12,249$0$607,964
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of SayreSayre, OK-Skate park/basketball court$22,777
City of WeatherfordWeatherford, OK-Heritage Park/Leadership Wford$22,047
City of CordellCordel, OK-Brush truck$13,150
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension liability$17,627
Deferred amout related to pension$12,811
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
Yes
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Midwestern Oklahoma Development Auth
EIN
73-0791758
Phone
5805623111
Address
PO BOX 549, BURNS FLAT, OK 73624

Signing Officer

Name
Don Greteman
Title
Chairman
Signed
2020-09-01
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
6
Independent Board Members
0
Employees
6

Preparer

Firm
Rsmeacham Cpas & Advisors
Address
801 FRISCO AVE, CLINTON, OK 73601-3322
Preparer
Dacia Stratton Phillips
Phone
5803231766
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IRS990/PayrollTaxesGrp/ProgramServicesAmt014918
IRS990/PayrollTaxesGrp/TotalAmt014918
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023722
IRS990/PensionPlanContributionsGrp/TotalAmt023722
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017058
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017501
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt090680
IRS990/PYInvestmentIncomeAmt0163417
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0241063
IRS990/PYOtherRevenueAmt0582375
IRS990/PYRevenuesLessExpensesAmt0124289
IRS990/PYSalariesCompEmpBnftPaidAmt0289760
IRS990/PYTotalExpensesAmt0621503
IRS990/PYTotalRevenueAmt0745792
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0232284
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0533751
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07368655
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07600939
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04348934
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04409341
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02985069
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01389228
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04374297
IRS990ScheduleD/EquipmentGrp/BookValueAmt09565
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174138
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0183703
IRS990ScheduleD/LandGrp/BookValueAmt057764
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt057764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012811
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117627
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred amout related to pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Pension liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03052398
IRS990ScheduleD/TotalLiabilityAmt030438
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt013150
IRS990ScheduleI/RecipientTable/CashGrantAmt122777
IRS990ScheduleI/RecipientTable/CashGrantAmt222047
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Brush truck
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Skate park/basketball court
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Heritage Park/Leadership Wford
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0City of Cordell
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1City of Sayre
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2City of Weatherford
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0101 East Main
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1102 West Main Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2522 West Rainey Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Cordel
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Sayre
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Weatherford
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073632
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd173662
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd273096
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07621046
IRS990/TotalAssetsEOYAmt07961973
IRS990/TotalAssetsGrp/BOYAmt07621046
IRS990/TotalAssetsGrp/EOYAmt07961973
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012249
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0595715
IRS990/TotalFunctionalExpensesGrp/TotalAmt0607964
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0252391
IRS990/TotalLiabilitiesEOYAmt0361034
IRS990/TotalLiabilitiesGrp/BOYAmt0252391
IRS990/TotalLiabilitiesGrp/EOYAmt0361034
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07368655
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07600939
IRS990/TotalProgramServiceExpensesAmt0595715
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0840248
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0840248
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07621046
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07961973
IRS990/TravelGrp/ProgramServicesAmt04200
IRS990/TravelGrp/TotalAmt04200
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 549
IRS990/USAddress/CityNm0BURNS FLAT
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073624
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DON GRETEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWESTERN OKLAHOMA DEVELOPMENT AUTH
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0730791758
ReturnHeader/Filer/PhoneNum05805623111
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 549

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$0.16$11.0$1.01$0.51$0.49
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.27$10.1$0.83$0.49$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.86$0.28$8.59$0.72$0.53$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.27$0.26$8.01$0.85$0.46$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.12$0.26$8.86$0.88$0.56$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.06$0.20$7.86$0.84$0.57$0.26
2019Detailed filing. Detailed filing data is available for this year.$7.96$0.36$7.60$0.84$0.61$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$0.25$7.37$0.75$0.62$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.52$0.28$7.24$0.93$0.59$0.35
2016Summary only. Only limited summary data is available for this year.$7.24$0.35$6.90$0.97$0.68$0.30
2015Detailed filing. Detailed filing data is available for this year.$6.89$0.29$6.60$0.80$0.93$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.99$0.27$6.72$1.07$0.70$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.60$0.24$6.36$0.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$0.17$6.19$0.66
2011Summary only. Only limited summary data is available for this year.$6.14$0.16$5.99$0.59$0.52$0.07