Civic Intelligence

Oklahoma Christian Apartments Inc.

990 • Fiscal year 2019 • EIN 73-1052700

Oct 01, 2018 to Sep 30, 2019 • Filed on Dec 04, 2019

398060 W 2200 RdBartlesville, OK 74006

(918) 333-2244

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.08x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

57th percentile

5.5%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-14%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,610,059

Up $83,834 (+5.5%) from 2018

Net Assets

Up

$1,580,953

Up $78,445 (+5.2%) from 2018

Liabilities

Up

$29,106

Up $5,389 (+23%) from 2018

Revenue

Down

$348,278

Down $56,866 (-14%) from 2018

Expenses

Down

$269,833

Down $80,312 (-23%) from 2018

Net Income

Up

$78,445

Up $23,446 (+43%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,252,539Liabilities 2010: $2,981,254Net Assets 2010: -$728,7152010Assets 2011: $2,268,510Liabilities 2011: $2,821,133Net Assets 2011: -$552,6232011Assets 2012: $2,293,633Liabilities 2012: $2,630,173Net Assets 2012: -$336,5402012Assets 2013: $2,326,337Liabilities 2013: $2,451,982Net Assets 2013: -$125,6452013Assets 2014: $2,225,044Liabilities 2014: $2,240,755Net Assets 2014: -$15,7112014Assets 2015: $1,601,961Liabilities 2015: $20,870Net Assets 2015: $1,581,0912015Assets 2017: $1,476,690Liabilities 2017: $29,182Net Assets 2017: $1,447,5082017Assets 2018: $1,526,225Liabilities 2018: $23,717Net Assets 2018: $1,502,5082018Assets 2019: $1,610,059Liabilities 2019: $29,106Net Assets 2019: $1,580,9532019Assets 2020: $1,603,390Liabilities 2020: $23,724Net Assets 2020: $1,579,6662020Assets 2021: $1,617,403Liabilities 2021: $47,450Net Assets 2021: $1,569,9532021Assets 2022: $1,562,206Liabilities 2022: $18,960Net Assets 2022: $1,543,2462022Assets 2023: $1,677,433Liabilities 2023: $23,843Net Assets 2023: $1,653,5902023Assets 2024: $1,761,064Liabilities 2024: $79,962Net Assets 2024: $1,681,1022024Assets 2025: $1,764,480Liabilities 2025: $15,945Net Assets 2025: $1,748,5352025

Highlighted filing

2019

Assets$1,610,059
Liabilities$29,106
Net Assets$1,580,953

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,000,3232010Expenses 2011: $1,000,5472011Expenses 2012: $999,4482012Expenses 2013: $987,1302013Revenue 2014: $1,247,368Expenses 2014: $1,137,431Net Income 2014: $109,9372014Revenue 2015: $2,572,323Expenses 2015: $975,521Net Income 2015: $1,596,8022015Revenue 2017: $245,219Expenses 2017: $293,839Net Income 2017: -$48,6202017Revenue 2018: $405,144Expenses 2018: $350,145Net Income 2018: $54,9992018Revenue 2019: $348,278Expenses 2019: $269,833Net Income 2019: $78,4452019Revenue 2020: $322,286Expenses 2020: $323,573Net Income 2020: -$1,2872020Revenue 2021: $316,884Expenses 2021: $326,597Net Income 2021: -$9,7132021Revenue 2022: $280,591Expenses 2022: $307,298Net Income 2022: -$26,7072022Revenue 2023: $407,485Expenses 2023: $297,141Net Income 2023: $110,3442023Revenue 2024: $331,536Expenses 2024: $304,024Net Income 2024: $27,5122024Revenue 2025: $410,227Expenses 2025: $342,794Net Income 2025: $67,4332025

Highlighted filing

2019

Revenue$348,278
Expenses$269,833
Net Income$78,445
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Dec 4, 2019
Return Version
2018v3.1
Gross Receipts
$348,278
Mission and Program Overview

Mission

The 30-unit housing project provides housing for low-income elderly tenants

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$390,799$455,480▲ $64,681
Investments Other Securities$314,456$314,456→ $0
Cash and Non-Interest-Bearing Accounts$22,152$58,123▲ $35,971
Prepaid Expenses and Deferred Charges$5,591$7,740▲ $2,149
Accounts Receivable$513$105▼ $408
Total Assets$1,526,225$1,610,059▲ $83,834
Other Assets Total$792,714$774,155▼ $18,559
Liabilities
Accounts Payable and Accrued Expenses$15,220$21,082▲ $5,862
Other Liabilities$8,021$7,342▼ $679
Deferred Revenue$476$682▲ $206
Total Liabilities$23,717$29,106▲ $5,389
Net Assets / Fund Balance
Unrestricted Net Assets$1,502,508$1,580,953▲ $78,445
Total Net Assets Fund Balance$1,502,508$1,580,953▲ $78,445
Total Liabilities and Net Assets / Fund Balance$1,526,225$1,610,059▲ $83,834

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$79,299$79,082$158,381
Land$98,000-$98,000
Other Land Buildings-$53,098$53,098
Buildings$278,181$787,752-
Other Assets Org$3,980--
Closely Held Equity Interests$314,456--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Web BrownPresident
Anne BuvingerMember
Darrell WoosterMember
Barbara StalnakerSec/treasure
Mike MeansVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$259,015
Investment Income
$1,144
Other Revenue
$88,119
Change in Net Assets
$78,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,833
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
All Other Expenses$44,694--$44,694
Depreciation Depletion$40,486--$40,486
Occupancy$23,892--$23,892
Other Expenses$18,303--$18,303
Office Expenses$9,326--$9,326
Fees for Services Accounting$1,800--$1,800
Conferences and Meetings$932--$932
Advertising$494--$494
Interest$5--$5
Total Functional Expenses$269,833$0$0$269,833
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
Tenant Security Deposits$7,342
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Gorman management company bartlesville, ok

Form 990, Page 6, Part VI, Line 11B

Copy of the return and the audit are presented to the board at the same meeting.

Form 990, Page 6, Part VI, Line 19

Documents are available by electronic transmission or in-person review upon written request and advance notification.

Filing and Contact Details

Filer

Filer Name
Oklahoma Christian Apts Inc
EIN
73-1052700
Phone
9183332244
Address
398060 W 2200 RD, BARTLESVILLE, OK 74006

Signing Officer

Name
Web Brown
Title
President
Phone
9183332244
Signed
2019-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Web Brown
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Stotts Archambo Mueggenborg & Barclay Pc
Address
302 SE OSAGE AVE, BARTLESVILLE, OK 74003-3931
Preparer
Deborah E Mueggenborg
Phone
9183360008
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

The 155-unit housing project is to provide housing for low income elderly tenants.

Form 990, Part IX, Line 24E

Management fees 16,536 0 0 propertly liability ins. 6,758 0 0 trash removal 4,583 0 0 non-profit add-on fees 3,720 0 0 auditing fees 2,295 0 0 furniture & equip rental 2,204 0 0 misc. Insurance and taxes 1,734 0 0 misc. Administrative 1,507 0 0 security 1,487 0 0 misc. Maint. Expenses 1,425 0 0 contract services 1,001 0 0 exterminating 540 0 0 directors & officers ins. 433 0 0 net entity expenses 315 0 0 fidelity bond 87 0 0 bad debts expense 69 0 0 total 44,694 0 0

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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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0245219
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0334552
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01071724
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02404917
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0278181
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0787752
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01065933
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0314456
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt079299
IRS990ScheduleD/EquipmentGrp/DepreciationAmt079082
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0158381
IRS990ScheduleD/LandGrp/BookValueAmt098000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt098000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0567008
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1132744
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt260858
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt39565
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt43980
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ENTITY CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4UTILITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053098
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt053098
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07342
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0455480
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0774155
IRS990ScheduleD/TotalBookValueSecuritiesAmt0314456
IRS990ScheduleD/TotalLiabilityAmt07342
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 155-UNIT HOUSING PROJECT IS TO PROVIDE HOUSING FOR LOW INCOME ELDERLY TENANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GORMAN MANAGEMENT COMPANY BARTLESVILLE, OK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPY OF THE RETURN AND THE AUDIT ARE PRESENTED TO THE BOARD AT THE SAME MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE BY ELECTRONIC TRANSMISSION OR IN-PERSON REVIEW UPON WRITTEN REQUEST AND ADVANCE NOTIFICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT FEES 16,536 0 0 PROPERTLY LIABILITY INS. 6,758 0 0 TRASH REMOVAL 4,583 0 0 NON-PROFIT ADD-ON FEES 3,720 0 0 AUDITING FEES 2,295 0 0 FURNITURE & EQUIP RENTAL 2,204 0 0 MISC. INSURANCE AND TAXES 1,734 0 0 MISC. ADMINISTRATIVE 1,507 0 0 SECURITY 1,487 0 0 MISC. MAINT. EXPENSES 1,425 0 0 CONTRACT SERVICES 1,001 0 0 EXTERMINATING 540 0 0 DIRECTORS & OFFICERS INS. 433 0 0 NET ENTITY EXPENSES 315 0 0 FIDELITY BOND 87 0 0 BAD DEBTS EXPENSE 69 0 0 TOTAL 44,694 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01526225
IRS990/TotalAssetsEOYAmt01610059
IRS990/TotalAssetsGrp/BOYAmt01526225
IRS990/TotalAssetsGrp/EOYAmt01610059
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0269833
IRS990/TotalFunctionalExpensesGrp/TotalAmt0269833
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023717
IRS990/TotalLiabilitiesEOYAmt029106
IRS990/TotalLiabilitiesGrp/BOYAmt023717
IRS990/TotalLiabilitiesGrp/EOYAmt029106
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01502508
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01580953
IRS990/TotalProgramServiceExpensesAmt0269833
IRS990/TotalProgramServiceRevenueAmt0259015
IRS990/TotalRevenueGrp/ExclusionAmt01144
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0347134
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0348278
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01526225
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01610059
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01502508
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01580953
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WEB BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09183332244
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OKLAHOMA CHRISTIAN APTS INC
ReturnHeader/Filer/BusinessNameControlTxt0OKLA
ReturnHeader/Filer/EIN0731052700
ReturnHeader/Filer/PhoneNum09183332244
ReturnHeader/Filer/USAddress/AddressLine1Txt0398060 W 2200 RD
ReturnHeader/Filer/USAddress/CityNm0BARTLESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074006
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B1F84DBAA91BD1EF28C568D79B29F212332561EC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09FAAF1616B4CCCDB4442939EE88CB87B1EA87359
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-12-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:17:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471209122
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STOTTS ARCHAMBO MUEGGENBORG & BARCLAY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0302 SE OSAGE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BARTLESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0740033931
ReturnHeader/PreparerPersonGrp/PhoneNum09183360008
ReturnHeader/PreparerPersonGrp/PreparationDt02019-12-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEBORAH E MUEGGENBORG
ReturnHeader/ReturnTs02019-12-11T08:17:37-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.76$0.02$1.75$0.41$0.34$0.07
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.08$1.68$0.33$0.30$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.68$0.02$1.65$0.41$0.30$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.56$0.02$1.54$0.28$0.31$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.05$1.57$0.32$0.33$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.60$0.02$1.58$0.32$0.32$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.61$0.03$1.58$0.35$0.27$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.53$0.02$1.50$0.41$0.35$0.05
2017Summary only. Only limited summary data is available for this year.$1.48$0.03$1.45$0.25$0.29$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.02$1.58$2.57$0.98$1.60
2014Summary only. Only limited summary data is available for this year.$2.23$2.24$0.02$1.25$1.14$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$2.45$0.13$0.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$2.63$0.34$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$2.82$0.55$1.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$2.98$0.73$1.00