Civic Intelligence

Midwestern Oklahoma Development Auth

990 • Fiscal year 2022 • EIN 73-0791758

Oct 01, 2021 to Sep 30, 2022 • Filed on Jan 25, 2023

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

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2022 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.31x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2022

Net Margin

84th percentile

46%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

41st percentile

$0

Higher top officer pay than 41% of similar nonprofits.

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

2022 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2022

Asset Growth

23rd percentile

-9.3%

Faster asset growth than 23% of similar nonprofits.

2022 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

31st percentile

-4.4%

Faster revenue growth than 31% of similar nonprofits.

2022 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$8,270,166

Down $846,094 (-9.3%) from 2021

Net Assets

Down

$8,005,738

Down $851,811 (-9.6%) from 2021

Liabilities

Up

$264,428

Up $5,717 (+2.2%) from 2021

Revenue

Down

$845,513

Down $39,148 (-4.4%) from 2021

Expenses

Down

$459,719

Down $97,984 (-18%) from 2021

Net Income

Up

$385,794

Up $58,836 (+18%) from 2021

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

2022

Assets$8,270,166
Liabilities$264,428
Net Assets$8,005,738

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

2022

Revenue$845,513
Expenses$459,719
Net Income$385,794
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Jan 25, 2023
Return Version
2021v4.1
Gross Receipts
$1,903,556
Mission and Program Overview

Mission

Economic development & housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$8,857,549$8,005,738▼ $851,811
Savings and Temporary Cash Investments$5,651,192$4,834,333▼ $816,859
Land, Buildings, and Equipment, Net$2,972,213$3,038,944▲ $66,731
Cash and Non-Interest-Bearing Accounts$392,519$306,380▼ $86,139
Prepaid Expenses and Deferred Charges$20,894$22,553▲ $1,659
Accounts Receivable$497$4,594▲ $4,097
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$9,116,260$8,270,166▼ $846,094
Other Assets Total$78,945$63,362▼ $15,583
Liabilities
Accounts Payable and Accrued Expenses$80,478$116,540▲ $36,062
Grants Payable$76,477$80,640▲ $4,163
Other Liabilities$101,756$67,248▼ $34,508
Total Liabilities$258,711$264,428▲ $5,717
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,857,549$8,005,738▼ $851,811
Total Liabilities and Net Assets / Fund Balance$9,116,260$8,270,166▼ $846,094

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,962,721$1,605,908-
Land$47,764--
Equipment$28,459$179,450-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Guy HyltonChairman
Kathy CarlisleExecutive Director
Basil WeatherlyMember
Brian MooneyMember
Jason HulinMember
Jimmy IngramMember
Rick WeistMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$357,004
Other Revenue
$488,509
Change in Net Assets
$385,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$257,912
Other Expenses$120,351
Grants and Similar Amounts Paid$81,456
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$104,167--$104,167
Grants to Domestic Orgs$81,456--$81,456
Current Officers, Directors, Trustees, and Key Employees$77,787--$77,787
Other Employee Benefits$36,425--$36,425
Insurance$32,922--$32,922
Pension Plan Contributions$24,633--$24,633
Fees for Services Accounting$20,110--$20,110
Occupancy$16,223--$16,223
Payroll Taxes$14,900--$14,900
Depreciation Depletion$14,048--$14,048
Fees for Services Legal-$9,249-$9,249
Advertising$4,631--$4,631
Travel$4,200--$4,200
Office Expenses$3,804--$3,804
Other Expenses$1,690$6,135-$1,690
Information Technology$1,378--$1,378
Conferences and Meetings-$597-$597
Total Functional Expenses$443,738$15,981$0$459,719
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of SayreSayre, OK-Sisson Street overlay$25,000
City of WeatherfordWeatherford, OK-Downtown and parks signage$25,000
Town of SentinelSentinel, OK-Town Hall repairs$20,000
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
Deferred amout related to pension$67,248
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
2023-01-25
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
0
Employees
6

Preparer

Firm
Rsmeacham Cpas & Advisors
Address
801 FRISCO AVE, CLINTON, OK 73601
Preparer
Dacia Stratton Phillips
Phone
5803231766
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt281041
IRS990/OtherRevenueTotalAmt0114784
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0104167
IRS990/OtherSalariesAndWagesGrp/TotalAmt0104167
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt014900
IRS990/PayrollTaxesGrp/TotalAmt014900
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt024633
IRS990/PensionPlanContributionsGrp/TotalAmt024633
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020894
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022553
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt027977
IRS990/PYInvestmentIncomeAmt0268441
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0271615
IRS990/PYOtherRevenueAmt0616220
IRS990/PYRevenuesLessExpensesAmt0326958
IRS990/PYSalariesCompEmpBnftPaidAmt0258111
IRS990/PYTotalExpensesAmt0557703
IRS990/PYTotalRevenueAmt0884661
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0385794
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0373725
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt08857549
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08005738
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05651192
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04834333
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02962721
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01605908
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04568629
IRS990ScheduleD/EquipmentGrp/BookValueAmt028459
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0179450
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0207909
IRS990ScheduleD/LandGrp/BookValueAmt047764
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt047764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt067248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred amout related to pension
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03038944
IRS990ScheduleD/TotalLiabilityAmt067248
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt220000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Sisson Street overlay
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Downtown and parks signage
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Town Hall repairs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0City of Sayre
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1City of Weatherford
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Town of Sentinel
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0102 West Main Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1522 West Rainey Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO Box 38
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Sayre
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Weatherford
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Sentinel
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073662
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd173096
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd273664
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt03
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/TotalAssetsBOYAmt09116260
IRS990/TotalAssetsEOYAmt08270166
IRS990/TotalAssetsGrp/BOYAmt09116260
IRS990/TotalAssetsGrp/EOYAmt08270166
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015981
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0443738
IRS990/TotalFunctionalExpensesGrp/TotalAmt0459719
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0258711
IRS990/TotalLiabilitiesEOYAmt0264428
IRS990/TotalLiabilitiesGrp/BOYAmt0258711
IRS990/TotalLiabilitiesGrp/EOYAmt0264428
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08857549
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08005738
IRS990/TotalProgramServiceExpensesAmt0443738
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0845513
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0845513
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09116260
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08270166
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/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0[email protected]
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY CARLISLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWESTERN OKLAHOMA DEVELOPMENT AUTH
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0730791758
ReturnHeader/Filer/PhoneNum05805623111
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 549
ReturnHeader/Filer/USAddress/CityNm0BURNS FLAT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK

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
2022Detailed filing. Detailed filing data is available for this year.$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
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
Peer Organizations

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