Civic Intelligence

Faith 7 Activity Center Inc

990 • Fiscal year 2015 • EIN 73-1092643

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 03, 2015

PO Box 3907Shawnee, OK 74802

(405) 275-4223

Siviq Scores

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

Liabilities / Assets

78th percentile

0.12x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.07x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

24th percentile

-8.9%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

28th percentile

-10%

Faster asset growth than 28% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

40th percentile

-5.0%

Faster revenue growth than 40% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$180,532

Down $20,302 (-10%) from 2014

Net Assets

Down

$159,665

Down $28,112 (-15%) from 2014

Liabilities

Up

$20,867

Up $7,810 (+60%) from 2014

Revenue

Down

$314,739

Down $16,550 (-5.0%) from 2014

Expenses

Up

$342,851

Up $7,885 (+2.4%) from 2014

Net Income

Down

-$28,112

Down $24,435 (-665%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $249,944Liabilities 2011: $11,829Net Assets 2011: $238,1152011Assets 2012: $231,271Liabilities 2012: $23,060Net Assets 2012: $208,2112012Assets 2013: $201,858Liabilities 2013: $10,404Net Assets 2013: $191,4542013Assets 2014: $200,834Liabilities 2014: $13,057Net Assets 2014: $187,7772014Assets 2015: $180,532Liabilities 2015: $20,867Net Assets 2015: $159,6652015Assets 2016: $203,955Liabilities 2016: $13,719Net Assets 2016: $190,2362016Assets 2017: $203,038Liabilities 2017: $12,495Net Assets 2017: $190,5432017Assets 2018: $170,964Liabilities 2018: $6,567Net Assets 2018: $164,3972018Assets 2019: $161,565Liabilities 2019: $6,558Net Assets 2019: $155,0072019Assets 2020: $198,810Liabilities 2020: $50,974Net Assets 2020: $147,8362020Assets 2023: $768,015Liabilities 2023: $153,074Net Assets 2023: $614,9412023Assets 2024: $674,178Liabilities 2024: $167,607Net Assets 2024: $506,5712024

Highlighted filing

2015

Assets$180,532
Liabilities$20,867
Net Assets$159,665

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $381,6032011Revenue 2012: $337,016Expenses 2012: $366,920Net Income 2012: -$29,9042012Expenses 2013: $328,2512013Revenue 2014: $331,289Expenses 2014: $334,966Net Income 2014: -$3,6772014Revenue 2015: $314,739Expenses 2015: $342,851Net Income 2015: -$28,1122015Revenue 2016: $284,899Expenses 2016: $263,328Net Income 2016: $21,5712016Revenue 2017: $250,915Expenses 2017: $250,608Net Income 2017: $3072017Revenue 2018: $248,903Expenses 2018: $275,049Net Income 2018: -$26,1462018Revenue 2019: $289,862Expenses 2019: $299,252Net Income 2019: -$9,3902019Revenue 2020: $343,056Expenses 2020: $350,227Net Income 2020: -$7,1712020Revenue 2023: $507,290Expenses 2023: $488,769Net Income 2023: $18,5212023Revenue 2024: $394,667Expenses 2024: $496,054Net Income 2024: -$101,3872024

Highlighted filing

2015

Revenue$314,739
Expenses$342,851
Net Income-$28,112
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 3, 2015
Return Version
2014v5.0
Gross Receipts
$314,739
Mission and Program Overview

Mission

Operates a workshop for persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$147,021$135,448▼ $11,573
Cash and Non-Interest-Bearing Accounts$13,883$12,928▼ $955
Total Assets$200,834$180,532▼ $20,302
Other Assets Total$39,930$32,156▼ $7,774
Liabilities
Accounts Payable and Accrued Expenses$9,937$11,867▲ $1,930
Other Liabilities$3,120$9,000▲ $5,880
Total Liabilities$13,057$20,867▲ $7,810
Net Assets / Fund Balance
Unrestricted Net Assets$187,777$159,665▼ $28,112
Total Net Assets Fund Balance$187,777$159,665▼ $28,112
Total Liabilities and Net Assets / Fund Balance$200,834$180,532▼ $20,302

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$100,047$91,709$191,756
Equipment$21,545$114,219$135,764
Land$13,856-$13,856
Other Assets Org$32,156--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris ZuestChairman
John KlaserVice Chairman
Chuck ArtherMember
Jeanann ElliotMember
Patsy SnowdenSecretary/Treasure
Revenue and Support

Revenue Composition

Contributions and Grants
$289,690
Program Service Revenue
$3,070
Investment Income
$23
Other Revenue
$21,956
All Other Contributions
$289,690
Change in Net Assets
$-28,112

Audited Revenue Reconciliation

Revenue per Audited Statements
$314,739
Total Revenue per Audited Statements
$314,739
Total Revenue per Form 990
$314,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$241,734
Other Expenses$101,117
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$188,058$35,892-$223,950
Insurance$33,977--$33,977
Payroll Taxes$16,361$1,423-$17,784
All Other Expenses$13,845--$13,845
Depreciation Depletion$13,073--$13,073
Other Expenses$9,890--$9,890
Office Expenses$8,214--$8,214
Fees for Services Accounting-$4,000-$4,000
Fees for Services Legal$300--$300
Total Functional Expenses$301,536$41,315$0$342,851

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$342,851
Total Expenses per Audited Statements$342,851
Total Expenses per Form 990$342,851
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
Federal income taxes$9,000
Current Portion of Long-term debt-
Van Escrow-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

This form is reviewed at regularly scheduled monthly meetings.

Form 990, Part VI, Section B, Line 12C

The Board reviews and monitors policies at regularly scheduled meetings.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest ploicy, and financial statements are avialable upon proper request.

Filing and Contact Details

Filer

Filer Name
Faith 7 Activity Center
EIN
73-1092643
Phone
4052754223
Address
PO Box 3907, Shawnee, OK 74802

Signing Officer

Name
Patsy Snowden
Title
SecretaryTreasurer
Signed
2015-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Zuest
Formed
1970
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
45

Preparer

Firm
John Flusche CPA
Address
6851 S Canton, Tulsa, OK 74136
Preparer
John Flusche
Phone
9184888753
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board reviews and monitors policies at regularly scheduled meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents, conflict of interest ploicy, and financial statements are avialable upon proper request.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Patsy Snowden
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SecretaryTreasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Faith 7 Activity Center
ReturnHeader/Filer/BusinessNameControlTxt0FAIT
ReturnHeader/Filer/EIN0731092643
ReturnHeader/Filer/PhoneNum04052754223
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John Flusche CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06851 S Canton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Tulsa
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
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ReturnHeader/PreparerPersonGrp/PhoneNum09184888753
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John Flusche
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-12-11T02:35:56-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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