Civic Intelligence

Connors Development Foundation Inc.

990 • Fiscal year 2019 • EIN 73-1096349

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 13, 2020

700 College RoadWarner, OK 74469

(918) 463-6342

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

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

Liabilities / Revenue

25th percentile

0.01x

Higher debt load relative to revenue than 25% of similar nonprofits.

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

Net Margin

6th percentile

-48%

Higher net margin than 6% of similar nonprofits.

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

Top Officer Pay

46th percentile

$52,724

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

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

Asset Growth

13th percentile

-9.2%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

14th percentile

-21%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Down

$2,159,144

Down $218,341 (-9.2%) from 2018

Net Assets

Down

$2,153,635

Down $221,109 (-9.3%) from 2018

Liabilities

Up

$5,509

Up $2,768 (+101%) from 2018

Revenue

Down

$431,852

Down $118,075 (-21%) from 2018

Expenses

Up

$641,213

Up $306,302 (+91%) from 2018

Net Income

Down

-$209,361

Down $424,377 (-197%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $906,515Liabilities 2011: $0Net Assets 2011: $906,5152011Assets 2012: $901,018Liabilities 2012: $6,697Net Assets 2012: $894,3212012Assets 2013: $1,157,981Liabilities 2013: $12,796Net Assets 2013: $1,145,1852013Assets 2014: $1,237,235Liabilities 2014: $18,627Net Assets 2014: $1,218,6082014Assets 2015: $1,729,254Liabilities 2015: $13,961Net Assets 2015: $1,715,2932015Assets 2016: $1,644,755Liabilities 2016: $6,140Net Assets 2016: $1,638,6152016Assets 2017: $2,177,860Liabilities 2017: $13,460Net Assets 2017: $2,164,4002017Assets 2018: $2,377,485Liabilities 2018: $2,741Net Assets 2018: $2,374,7442018Assets 2019: $2,159,144Liabilities 2019: $5,509Net Assets 2019: $2,153,6352019Assets 2020: $2,805,092Liabilities 2020: $7,971Net Assets 2020: $2,797,1212020Assets 2021: $3,877,097Liabilities 2021: $28,599Net Assets 2021: $3,848,4982021Assets 2022: $3,815,505Liabilities 2022: $0Net Assets 2022: $3,815,5052022Assets 2023: $3,966,163Liabilities 2023: $0Net Assets 2023: $3,966,1632023Assets 2024: $4,307,632Liabilities 2024: $0Net Assets 2024: $4,307,6322024Assets 2025: $4,905,579Liabilities 2025: $146,823Net Assets 2025: $4,758,7562025

Highlighted filing

2019

Assets$2,159,144
Liabilities$5,509
Net Assets$2,153,635

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $228,4662011Expenses 2012: $208,0322012Expenses 2013: $265,6232013Revenue 2014: $408,637Expenses 2014: $335,214Net Income 2014: $73,4232014Revenue 2015: $943,565Expenses 2015: $436,926Net Income 2015: $506,6392015Revenue 2016: $626,002Expenses 2016: $674,666Net Income 2016: -$48,6642016Revenue 2017: $1,004,600Expenses 2017: $492,940Net Income 2017: $511,6602017Revenue 2018: $549,927Expenses 2018: $334,911Net Income 2018: $215,0162018Revenue 2019: $431,852Expenses 2019: $641,213Net Income 2019: -$209,3612019Revenue 2020: $1,044,545Expenses 2020: $412,619Net Income 2020: $631,9262020Revenue 2021: $1,366,003Expenses 2021: $581,466Net Income 2021: $784,5372021Revenue 2022: $782,010Expenses 2022: $534,553Net Income 2022: $247,4572022Revenue 2023: $782,094Expenses 2023: $876,052Net Income 2023: -$93,9582023Revenue 2024: $580,199Expenses 2024: $454,155Net Income 2024: $126,0442024Revenue 2025: $560,480Expenses 2025: $175,288Net Income 2025: $385,1922025

Highlighted filing

2019

Revenue$431,852
Expenses$641,213
Net Income-$209,361
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 13, 2020
Return Version
2018v3.2
Gross Receipts
$431,852
Mission and Program Overview

Mission

Benefit connors state college

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,182,093$1,133,565▼ $48,528
Investments Other Securities$502,128$815,241▲ $313,113
Pledges and Grants Receivable$400,000$200,000▼ $200,000
Savings and Temporary Cash Investments$293,264$10,338▼ $282,926
Total Assets$2,377,485$2,159,144▼ $218,341
Liabilities
Accounts Payable and Accrued Expenses$2,741$5,509▲ $2,768
Total Liabilities$2,741$5,509▲ $2,768
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,129,191$885,665▼ $243,526
Permanently Rstr Net Assets$792,851$819,754▲ $26,903
Unrestricted Net Assets$452,702$448,216▼ $4,486
Total Net Assets Fund Balance$2,374,744$2,153,635▼ $221,109
Total Liabilities and Net Assets / Fund Balance$2,377,485$2,159,144▼ $218,341

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$815,241--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$807,958$24,627▲ $22,208$12,551$842,242
2017$773,630$48,742▼ $2,314$12,100$807,958
2016$637,125$136,381▲ $32,028$31,904$773,630
2015$669,650$3,596▼ $31,787-$637,125
2014$663,769$15,105▼ $9,224-$669,650
Compensation and Service Providers

Employees

NameTitleOtherTotal
Dr Anita ThompsonExecutive Director (term Dec. 2019)$52,724$52,724

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$393,121
Program Service Revenue
$157
Investment Income
$38,574
Other Revenue
$0
All Other Contributions
$393,121
Change in Net Assets
$-209,361

Audited Revenue Reconciliation

Revenue per Audited Statements
$431,853
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$145,893
Total Revenue per Audited Statements
$577,746
Total Revenue per Form 990
$431,853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$617,112
Grants and Similar Amounts Paid$24,101
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$617,112--$617,112
Grants to Domestic Individuals$24,101--$24,101
Total Functional Expenses$641,213$0$0$641,213

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$798,855
Expenses per Audited Statements$641,213
Total Expenses per Form 990$641,213
Expenses Not Reported on Form 990$157,642
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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

No review will be conducted.

Form 990, Part VI, Section C, Line 19

Documents may be made available upon request.

Filing and Contact Details

Filer

Filer Name
Connors Development Foundation Inc
EIN
73-1096349
Phone
9184636342
Address
700 COLLEGE ROAD, WARNER, OK 74469

Signing Officer

Name
Dr Krystle Lane
Title
Executive Director
Phone
9184636342
Signed
2020-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Krystle Lane
Formed
1979
Legal Domicile
Ok
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
STANFIELD O'DELL PC
Address
1350 S BOULDER AVE STE 800, TULSA, OK 74119
Preparer
Charlotte Henry CPA
Phone
9186280500
Supplemental Narrative

Financial Statement Notes

Part V, Endowment Funds, Line 4

Endowment funds are designated for scholarships and academic programs

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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0807958
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt024627
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0842242
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt022208
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt012551
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0773630
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt048742
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0807958
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2314
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt012100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0637125
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0136381
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0773630
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032028
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt031904
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0669650
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt03596
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0637125
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt04334
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-31787
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0663769
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt015105
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0669650
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-9224
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0157642
IRS990ScheduleD/DonatedServicesUseFcltsAmt0157642
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0157642
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0641213
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-11749
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0815241
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS-BROKERAGE ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.97330
IRS990ScheduleD/RevenueNotReportedAmt0145893
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0431853
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS ARE DESIGNATED FOR SCHOLARSHIPS AND ACADEMIC PROGRAMS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, ENDOWMENT FUNDS, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.02670
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0815241
IRS990ScheduleD/TotalExpensesPerForm990Amt0641213
IRS990ScheduleD/TotalRevenuePerForm990Amt0431853
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0577746
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0798855
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt024101
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ACADEMIC SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt011
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE AWARDED BASED ON APPLICATIONS SUBMITTED AND REVIEW AND APPROVAL BY SCHOLARSHIP COMMITTEE
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS MAY BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01129191
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0885665
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02377485
IRS990/TotalAssetsEOYAmt02159144
IRS990/TotalAssetsGrp/BOYAmt02377485
IRS990/TotalAssetsGrp/EOYAmt02159144
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0393121
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0641213
IRS990/TotalFunctionalExpensesGrp/TotalAmt0641213
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02741
IRS990/TotalLiabilitiesEOYAmt05509
IRS990/TotalLiabilitiesGrp/BOYAmt02741
IRS990/TotalLiabilitiesGrp/EOYAmt05509
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02374744
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02153635
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0641213
IRS990/TotalProgramServiceRevenueAmt0157
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt038731
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0431852
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02377485
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02159144
IRS990/TotReportableCompRltdOrgAmt052724
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0452702
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0448216
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0700 COLLEGE ROAD
IRS990/USAddress/CityNm0WARNER
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd074469
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR KRYSTLE LANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09184636342
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONNORS DEVELOPMENT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CONN
ReturnHeader/Filer/EIN0731096349
ReturnHeader/Filer/PhoneNum09184636342
ReturnHeader/Filer/USAddress/AddressLine1Txt0700 COLLEGE ROAD
ReturnHeader/Filer/USAddress/CityNm0WARNER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$0.15$4.76$0.56$0.18$0.39
2024Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.58$0.45$0.13
2023Detailed filing. Detailed filing data is available for this year.$3.97$0.00$3.97$0.78$0.88$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.82$0.00$3.82$0.78$0.53$0.25
2021Detailed filing. Detailed filing data is available for this year.$3.88$0.03$3.85$1.37$0.58$0.78
2020Detailed filing. Detailed filing data is available for this year.$2.81$0.01$2.80$1.04$0.41$0.63
2019Detailed filing. Detailed filing data is available for this year.$2.16$0.01$2.15$0.43$0.64$0.21
2018Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.37$0.55$0.33$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.18$0.01$2.16$1.00$0.49$0.51
2016Detailed filing. Detailed filing data is available for this year.$1.64$0.01$1.64$0.63$0.67$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.73$0.01$1.72$0.94$0.44$0.51
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.22$0.41$0.34$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.01$1.15$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.01$0.89$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$0.23