Civic Intelligence

Connors Development Foundation Inc.

990 • Fiscal year 2024 • EIN 73-1096349

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 11, 2024

700 College RdWarner, OK 74469

(918) 463-6342

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$73,999

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

61st percentile

8.6%

Faster asset growth than 61% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

11th percentile

-26%

Faster revenue growth than 11% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,307,632

Up $341,469 (+8.6%) from 2023

Net Assets

Up

$4,307,632

Up $341,469 (+8.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$580,199

Down $201,895 (-26%) from 2023

Expenses

Down

$454,155

Down $421,897 (-48%) from 2023

Net Income

Up

$126,044

Up $220,002 (+234%) from 2023

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

2024

Assets$4,307,632
Liabilities$0
Net Assets$4,307,632

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

2024

Revenue$580,199
Expenses$454,155
Net Income$126,044
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$580,199
Mission and Program Overview

Mission

Benefit connors state college

Provide support to Connors State College and scholarships to Connors State College students

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$2,642,402-
Cash and Non-Interest-Bearing Accounts$1,205,484$1,364,297▲ $158,813
Investments Other Securities$2,531,872$150,933▼ $2,380,939
Other Notes and Loans Receivable, Net$200,000$150,000▼ $50,000
Savings and Temporary Cash Investments$28,807--
Total Assets$3,966,163$4,307,632▲ $341,469
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,288,730$3,633,958▲ $345,228
Net Assets Without Donor Restrictions$677,433$673,674▼ $3,759
Total Net Assets Fund Balance$3,966,163$4,307,632▲ $341,469
Total Liabilities and Net Assets / Fund Balance$3,966,163$4,307,632▲ $341,469

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,717,303$164,384▲ $274,762$4,572$3,151,877
2022$2,391,246$193,532▲ $249,661$117,136$2,717,303
2021$2,416,065$268,059▼ $280,710$12,168$2,391,246
2020$1,376,198$824,903▲ $302,058$87,094$2,416,065
2019$807,958$24,627▲ $22,208$12,551$842,242
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Dr Krystle LaneExecutive DirectorFT$73,999$73,999

Board Members and Trustees

NameTitle
Aaron EllisBoard Chair
Jerry StretchVice-Chair
David MillerTrustee
Jeff McPeakTrustee
KaCee WilliamsTrustee
Kim EmersonTrustee
Mike RogersTrustee
Pam DixonTrustee
Robert RossTrustee
Terry LockhartTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$496,790
Program Service Revenue
$0
Investment Income
$83,409
Other Revenue
$0
All Other Contributions
$496,790
Change in Net Assets
$126,044

Audited Revenue Reconciliation

Revenue per Audited Statements
$580,199
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$379,937
Total Revenue per Audited Statements
$960,136
Total Revenue per Form 990
$580,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$434,682
Other Expenses$19,473
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$342,130--$342,130
Grants to Domestic Individuals$92,552--$92,552
Fees for Service Investment Mgmnt Fees-$19,473-$19,473
Total Functional Expenses$434,682$19,473$0$454,155

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$618,667
Total Expenses per Form 990$454,155
Expenses per Audited Statements$434,682
Expenses Not Reported on Form 990$183,985
Expenses Not Reported on Financial Statements$19,473
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Connor State CollegeWarner, OKGovtCollege Support$331,966
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
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
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 Rd, Warner, OK 74469

Signing Officer

Name
Dr Krystle Lane
Title
Executive Director
Phone
9184636342
Signed
2024-11-11
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
Hinkle & Company PC
Address
5028 E 101st Street, Tulsa, OK 74137
Preparer
James D Hinkle
Phone
9184923388
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Investment Management Fees

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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0680775
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0940329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0938955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01497542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01177409
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05235010
IRS990ScheduleA/TotalSupportAmt05446183
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/BoardDesignatedBalanceEOYPct00.09000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02717303
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0164384
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03151877
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0274762
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt04572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02391246
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0193532
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02717303
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0249661
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0117136
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02416065
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0268059
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02391246
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-280710
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt012168
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01376198
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0824903
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02416065
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0302058
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt087094
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0807958
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt024627
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0842242
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt022208
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt012551
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0183985
IRS990ScheduleD/DonatedServicesUseFcltsAmt0183985
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0183985
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt019473
IRS990ScheduleD/ExpensesSubtotalAmt0434682
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt019473
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0215425
IRS990ScheduleD/OtherRevenueAmt0-19473
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.77000
IRS990ScheduleD/RevenueNotReportedAmt0379937
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0580199
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Investment Management Fees
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.14000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0454155
IRS990ScheduleD/TotalRevenuePerForm990Amt0580199
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0960136
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0618667
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt092552
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt065
IRS990ScheduleI/RecipientTable/CashGrantAmt0331966
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVT
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt010164
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Supplies
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0College Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Connor State College
IRS990ScheduleI/RecipientTable/RecipientEIN0736017987
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0700 College Rd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Warner
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd074469
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt01
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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Connors State College
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0736017987
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0GOVT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Higher Education
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0700 College Rd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Warner
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd074469
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03966163
IRS990/TotalAssetsEOYAmt04307632
IRS990/TotalAssetsGrp/BOYAmt03966163
IRS990/TotalAssetsGrp/EOYAmt04307632
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0496790
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019473
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0434682
IRS990/TotalFunctionalExpensesGrp/TotalAmt0454155
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00

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