Civic Intelligence

Oklahoma Christian Apartments Inc.

990 • Fiscal year 2021 • EIN 73-1052700

Oct 01, 2020 to Sep 30, 2021 • Filed on Dec 01, 2021

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

40th percentile

0.03x

Higher debt load relative to assets than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.15x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

21st percentile

-3.1%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

29th percentile

0.9%

Faster asset growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

-1.7%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,617,403

Up $14,013 (+0.9%) from 2020

Net Assets

Down

$1,569,953

Down $9,713 (-0.6%) from 2020

Liabilities

Up

$47,450

Up $23,726 (+100%) from 2020

Revenue

Down

$316,884

Down $5,402 (-1.7%) from 2020

Expenses

Up

$326,597

Up $3,024 (+0.9%) from 2020

Net Income

Down

-$9,713

Down $8,426 (-655%) from 2020

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

2021

Assets$1,617,403
Liabilities$47,450
Net Assets$1,569,953

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

2021

Revenue$316,884
Expenses$326,597
Net Income-$9,713
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Dec 1, 2021
Return Version
2020v4.0
Gross Receipts
$320,860
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$408,726$387,465▼ $21,261
Investments Other Securities$314,456$314,456→ $0
Prepaid Expenses and Deferred Charges$6,725$8,788▲ $2,063
Cash and Non-Interest-Bearing Accounts$33,874$5,456▼ $28,418
Accounts Receivable$653$2,506▲ $1,853
Total Assets$1,603,390$1,617,403▲ $14,013
Other Assets Total$838,956$898,732▲ $59,776
Liabilities
Accounts Payable and Accrued Expenses$13,646$38,134▲ $24,488
Other Liabilities$8,014$8,000▼ $14
Deferred Revenue$2,064$1,316▼ $748
Total Liabilities$23,724$47,450▲ $23,726
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,579,666$1,569,953▼ $9,713
Total Net Assets Fund Balance$1,579,666$1,569,953▼ $9,713
Total Liabilities and Net Assets / Fund Balance$1,603,390$1,617,403▲ $14,013

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$233,865$857,037$1,090,902
Equipment$55,600$58,931$114,531
Land$98,000-$98,000
Other Assets Org$3,980--
Closely Held Equity Interests$314,456--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike MeansPresident
Darrell WoosterMember
Web BrownMember
Tom GormanSecretary/tr
Ann BuvingerVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$272,809
Investment Income
$-3,709
Other Revenue
$47,784
Change in Net Assets
$-9,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$326,597
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$56,006--$56,006
Depreciation Depletion$43,699--$43,699
Occupancy$27,251--$27,251
Other Expenses$26,827--$26,827
Office Expenses$11,653--$11,653
Fees for Services Accounting$1,800--$1,800
Advertising$466--$466
Conferences and Meetings$236--$236
Interest$112--$112
Total Functional Expenses$326,597$0$0$326,597
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$8,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
No
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
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
Tom Gorman
Title
Secretary/treasurer
Phone
9183332244
Signed
2021-12-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Means
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
Jim G Nichols
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 17,292 0 0 propertly liability ins. 8,907 0 0 supplies 7,651 0 0 trash removal 4,913 0 0 non-profit add-on fees 3,720 0 0 furniture & equip rental 2,946 0 0 misc. Maint. Expenses 2,309 0 0 auditing fees 1,925 0 0 security 1,456 0 0 misc. Insurance and taxes 1,253 0 0 legal expenses 1,218 0 0 exterminating 965 0 0 contract services 926 0 0 directors & officers ins. 426 0 0 fidelity bond 97 0 0 bad debts expense 2 0 0 total 56,006 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/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84460
IRS990ScheduleA/PublicSupportPY509Pct00.85060
IRS990ScheduleA/PublicSupportTotal509Amt01302855
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0272809
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0270290
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0259015
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0255651
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0245090
IRS990ScheduleA/Total509Grp/TotalAmt01302855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0273076
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0270915
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0348278
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0405144
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0245219
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01542632
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0233865
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0857037
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01090902
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0314456
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt055600
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058931
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0114531
IRS990ScheduleD/LandGrp/BookValueAmt098000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt098000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0666870
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1158144
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt261011
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt38727
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/OtherLiabilitiesOrgGrp/Amt08000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0387465
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0898732
IRS990ScheduleD/TotalBookValueSecuritiesAmt0314456
IRS990ScheduleD/TotalLiabilityAmt08000
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 17,292 0 0 PROPERTLY LIABILITY INS. 8,907 0 0 SUPPLIES 7,651 0 0 TRASH REMOVAL 4,913 0 0 NON-PROFIT ADD-ON FEES 3,720 0 0 FURNITURE & EQUIP RENTAL 2,946 0 0 MISC. MAINT. EXPENSES 2,309 0 0 AUDITING FEES 1,925 0 0 SECURITY 1,456 0 0 MISC. INSURANCE AND TAXES 1,253 0 0 LEGAL EXPENSES 1,218 0 0 EXTERMINATING 965 0 0 CONTRACT SERVICES 926 0 0 DIRECTORS & OFFICERS INS. 426 0 0 FIDELITY BOND 97 0 0 BAD DEBTS EXPENSE 2 0 0 TOTAL 56,006 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01603390
IRS990/TotalAssetsEOYAmt01617403
IRS990/TotalAssetsGrp/BOYAmt01603390
IRS990/TotalAssetsGrp/EOYAmt01617403
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0326597
IRS990/TotalFunctionalExpensesGrp/TotalAmt0326597
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023724
IRS990/TotalLiabilitiesEOYAmt047450
IRS990/TotalLiabilitiesGrp/BOYAmt023724
IRS990/TotalLiabilitiesGrp/EOYAmt047450
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01579666
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01569953
IRS990/TotalProgramServiceExpensesAmt0326597
IRS990/TotalProgramServiceRevenueAmt0272809
IRS990/TotalRevenueGrp/ExclusionAmt0267
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0316617
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0316884
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01603390
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01617403
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM GORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09183332244
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-01
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/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/PreparationDt02021-12-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JIM G NICHOLS
ReturnHeader/ReturnTs02021-12-20T07:17:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TOM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GORMAN
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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