Civic Intelligence

Midwestern Oklahoma Development Auth

990 • Fiscal year 2020 • EIN 73-0791758

Oct 01, 2019 to Sep 30, 2020 • Filed on Jan 06, 2021

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

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2020 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.24x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2020

Net Margin

80th percentile

31%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

40th percentile

1.3%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-0.4%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$8,063,221

Up $101,248 (+1.3%) from 2019

Net Assets

Up

$7,863,175

Up $262,236 (+3.5%) from 2019

Liabilities

Down

$200,046

Down $160,988 (-45%) from 2019

Revenue

Down

$836,515

Down $3,733 (-0.4%) from 2019

Expenses

Down

$574,279

Down $33,685 (-5.5%) from 2019

Net Income

Up

$262,236

Up $29,952 (+13%) from 2019

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

2020

Assets$8,063,221
Liabilities$200,046
Net Assets$7,863,175

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

2020

Revenue$836,515
Expenses$574,279
Net Income$262,236
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jan 6, 2021
Return Version
2019v5.0
Gross Receipts
$1,349,859
Mission and Program Overview

Mission

Economic development & housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$7,600,939$7,863,175▲ $262,236
Savings and Temporary Cash Investments$4,409,341$4,627,312▲ $217,971
Land, Buildings, and Equipment, Net$3,052,398$3,009,858▼ $42,540
Cash and Non-Interest-Bearing Accounts$440,496$376,580▼ $63,916
Prepaid Expenses and Deferred Charges$17,501$17,903▲ $402
Accounts Receivable$3,833$1,085▼ $2,748
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$7,961,973$8,063,221▲ $101,248
Other Assets Total$38,404$30,483▼ $7,921
Liabilities
Grants Payable$145,679$95,500▼ $50,179
Accounts Payable and Accrued Expenses$184,917$82,609▼ $102,308
Other Liabilities$30,438$21,937▼ $8,501
Total Liabilities$361,034$200,046▼ $160,988
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,600,939$7,863,175▲ $262,236
Total Liabilities and Net Assets / Fund Balance$7,961,973$8,063,221▲ $101,248

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,952,032$1,262,899-
Land$47,764--
Equipment$10,062$178,340-
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
$210,978
Other Revenue
$625,537
Change in Net Assets
$262,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,013
Salaries, Compensation, and Employee Benefits$235,217
Grants and Similar Amounts Paid$70,049
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$166,178--$166,178
Other Salaries and Wages$87,004--$87,004
Current Officers, Directors, Trustees, and Key Employees$78,400--$78,400
Grants to Domestic Orgs$70,049--$70,049
Other Employee Benefits$33,140--$33,140
Insurance$24,754--$24,754
Fees for Services Accounting$23,000--$23,000
Pension Plan Contributions$22,553--$22,553
Payroll Taxes$14,120--$14,120
Occupancy$11,783--$11,783
Fees for Services Legal-$7,350-$7,350
Office Expenses$6,192--$6,192
Travel$4,200--$4,200
Advertising$3,465--$3,465
Other Expenses$1,994$1,563-$1,563
Conferences and Meetings-$1,243-$1,243
Information Technology$893--$893
Total Functional Expenses$559,227$15,052$0$574,279
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Town of Burns FlatBurns Flat, OK-Early elementary ipads/equip$22,500
City of SayreSayre, OK-Baseball/pavillion/parking spaces$10,000
City of WeatherfordWeatherford, OK-Bathroom for park$10,000
Town of GoteboGotebo, OK-Community pavilion$10,000
City of HobartHobart, OK-Street repairs$8,000
City of Elk CityElk City, OK-Museum repairs/updates$7,500
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$14,272
Deferred amout related to pension$7,665
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
Kathy Carlisle
Title
Executive Director
Signed
2021-01-06
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
0
Employees
8

Preparer

Firm
Rsmeacham Cpas & Advisors
Address
801 FRISCO AVE, CLINTON, OK 73601
Preparer
Dacia Stratton Phillips
Phone
5803231766
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt272080
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05538
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-249
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt272080
IRS990/OtherRevenueTotalAmt077369
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt087004
IRS990/OtherSalariesAndWagesGrp/TotalAmt087004
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt014120
IRS990/PayrollTaxesGrp/TotalAmt014120
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022553
IRS990/PensionPlanContributionsGrp/TotalAmt022553
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017501
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017903
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt086849
IRS990/PYInvestmentIncomeAmt0224722
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0262251
IRS990/PYOtherRevenueAmt0615526
IRS990/PYRevenuesLessExpensesAmt0232284
IRS990/PYSalariesCompEmpBnftPaidAmt0258864
IRS990/PYTotalExpensesAmt0607964
IRS990/PYTotalRevenueAmt0840248
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0262236
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0548168
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt07600939
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt07863175
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04409341
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04627312
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02952032
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01262899
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04214931
IRS990ScheduleD/EquipmentGrp/BookValueAmt010062
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0178340
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0188402
IRS990ScheduleD/LandGrp/BookValueAmt047764
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt047764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07665
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred amout related to pension
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Pension liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03009858
IRS990ScheduleD/TotalLiabilityAmt021937
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/CashGrantAmt18000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt422500
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Museum repairs/updates
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Street repairs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Baseball/pavillion/parking spaces
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Bathroom for park
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Early elementary ipads/equip
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Community pavilion
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0City of Elk City
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1City of Hobart
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2City of Sayre
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3City of Weatherford
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Town of Burns Flat
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Town of Gotebo
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0320 West 3rd Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1111 East 3rd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2102 West Main Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3522 West Rainey Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO Box 410
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5200 Commercial Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Elk City
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Hobart
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Sayre
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Weatherford
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Burns Flat
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Gotebo
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073644
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd173651
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd273662
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd373096
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd473624
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd573041
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt06
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07961973
IRS990/TotalAssetsEOYAmt08063221
IRS990/TotalAssetsGrp/BOYAmt07961973
IRS990/TotalAssetsGrp/EOYAmt08063221
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015052
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0559227
IRS990/TotalFunctionalExpensesGrp/TotalAmt0574279
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0361034
IRS990/TotalLiabilitiesEOYAmt0200046
IRS990/TotalLiabilitiesGrp/BOYAmt0361034
IRS990/TotalLiabilitiesGrp/EOYAmt0200046
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07600939
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07863175
IRS990/TotalProgramServiceExpensesAmt0559227
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0836515
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0836515

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
2020Detailed filing. Detailed filing data is available for this year.$8.06$0.20$7.86$0.84$0.57$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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