Civic Intelligence

Jacobson Foundation

EIN 73-1294329 • 501(c)3 • Norman, OK

Profile

To showcase and educate the

609 ChautauquaNorman, OK 73069

www.jacobsonhouse.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

68th percentile

9.5%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

56%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$325,358

Up $28,160 (+9.5%) from 2023

Liabilities

Down

$19,384

Down $4,770 (-20%) from 2023

Net Assets

Up

$305,974

Up $32,930 (+12%) from 2023

Revenue

Up

$76,686

Up $27,607 (+56%) from 2023

Expenses

Up

$43,756

Up $6,175 (+16%) from 2023

Net Income

Up

$32,930

Up $21,432 (+186%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $330,693Liabilities 2011: $38,594Net Assets 2011: $292,0992011Assets 2012: $351,330Liabilities 2012: $46,562Net Assets 2012: $304,7682012Assets 2013: $321,392Liabilities 2013: $34,678Net Assets 2013: $286,7142013Assets 2014: $329,961Liabilities 2014: $35,469Net Assets 2014: $294,4922014Assets 2015: $334,307Liabilities 2015: $33,797Net Assets 2015: $300,5102015Assets 2016: $323,120Liabilities 2016: $34,750Net Assets 2016: $288,3702016Assets 2017: $298,145Liabilities 2017: $32,241Net Assets 2017: $265,9042017Assets 2018: $292,658Liabilities 2018: $36,801Net Assets 2018: $255,8572018Assets 2019: $292,403Liabilities 2019: $35,736Net Assets 2019: $256,6672019Assets 2020: $291,898Liabilities 2020: $31,189Net Assets 2020: $260,7092020Assets 2021: $296,532Liabilities 2021: $32,624Net Assets 2021: $263,9082021Assets 2022: $288,551Liabilities 2022: $27,005Net Assets 2022: $261,5462022Assets 2023: $297,198Liabilities 2023: $24,154Net Assets 2023: $273,0442023Assets 2024: $325,358Liabilities 2024: $19,384Net Assets 2024: $305,9742024

Highlighted filing

2024

Assets$325,358
Liabilities$19,384
Net Assets$305,974

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2011: $68,2252011Expenses 2012: $77,0132012Revenue 2013: $43,661Expenses 2013: $61,715Net Income 2013: -$18,0542013Revenue 2014: $75,491Expenses 2014: $67,713Net Income 2014: $7,7782014Revenue 2015: $71,156Expenses 2015: $65,138Net Income 2015: $6,0182015Revenue 2016: $49,066Expenses 2016: $61,206Net Income 2016: -$12,1402016Revenue 2017: $22,642Expenses 2017: $45,108Net Income 2017: -$22,4662017Revenue 2018: $15,585Expenses 2018: $25,632Net Income 2018: -$10,0472018Revenue 2019: $31,603Expenses 2019: $30,793Net Income 2019: $8102019Revenue 2020: $27,184Expenses 2020: $23,142Net Income 2020: $4,0422020Revenue 2021: $37,361Expenses 2021: $34,162Net Income 2021: $3,1992021Revenue 2022: $21,026Expenses 2022: $23,388Net Income 2022: -$2,3622022Revenue 2023: $49,079Expenses 2023: $37,581Net Income 2023: $11,4982023Revenue 2024: $76,686Expenses 2024: $43,756Net Income 2024: $32,9302024

Highlighted filing

2024

Revenue$76,686
Expenses$43,756
Net Income$32,930

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.19$3.06$0.77$0.44$0.33
2023Summary only. Only limited summary data is available for this year.$2.97$0.24$2.73$0.49$0.38$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.27$2.62$0.21$0.23$0.02
2021Summary only. Only limited summary data is available for this year.$2.97$0.33$2.64$0.37$0.34$0.03
2020Summary only. Only limited summary data is available for this year.$2.92$0.31$2.61$0.27$0.23$0.04
2019Summary only. Only limited summary data is available for this year.$2.92$0.36$2.57$0.32$0.31$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.37$2.56$0.16$0.26$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.32$2.66$0.23$0.45$0.22
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.35$2.88$0.49$0.61$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.34$0.34$3.01$0.71$0.65$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.30$0.35$2.94$0.75$0.68$0.08
2013Summary only. Only limited summary data is available for this year.$3.21$0.35$2.87$0.44$0.62$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.51$0.47$3.05$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.39$2.92$0.68
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$21,507
Mission and Program Overview

Mission

To showcase and educate the public on Native American Art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$52,255$47,245▼ $5,010
Cash and Non-Interest-Bearing Accounts$18,979$16,008▼ $2,971
Inventories for Sale or Use$7,096$7,096→ $0
Total Assets$296,532$288,551▼ $7,981
Other Assets Total$218,202$218,202→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,562$23,332▼ $2,230
Accounts Payable and Accrued Expenses$7,062$3,673▼ $3,389
Total Liabilities$32,624$27,005▼ $5,619
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$263,908$261,546▼ $2,362
Total Net Assets Fund Balance$263,908$261,546▼ $2,362
Total Liabilities and Net Assets / Fund Balance$296,532$288,551▼ $7,981

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$38,487$95,495$133,982
Equipment$-94$24,135$24,041
Land$8,852-$8,852
Other Assets Org$210,757--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brent GreenwoodChair
Andrea DayDirector
Daffron BrianDirector
Elizabeth SweetlyDirector
James BlandDirector
Mary HoltDirecter
Bill HammSecretary
Eric Singleton Ph DTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,090
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,936
All Other Contributions
$18,930
Change in Net Assets
$-2,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,388
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
Occupancy-$5,499-$5,499
Depreciation Depletion-$5,011-$5,011
Other Expenses-$4,548-$4,548
Insurance-$2,523-$2,523
All Other Expenses-$1,384-$1,384
Fees for Services Accounting-$700-$700
Fees for Services Other$575--$575
Total Functional Expenses$575$22,813$0$23,388
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
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization is an Oklahoma Not-For-Profit Corporation.

Form 990 governing body review Part VI line 11

The governing body is provided form 990 to review before it is filed with the IRS.

Conflict of interest policy compliance Part VI line 12C

Potential conflicts of interest are identified and discussed at regular board meetings.

CEO executive director top management comp Part VI line 15A

The salary for the Executive Director is determined by the board. Currenlty, the Executive Director is not receiving any compensation.

Other officer or key employee compensation Part VI line 15B

All employees salaries are determined by the board. Currently there are no employees.

Governing documents etc available to public Part VI line 19

Governing documents are made avaiable to the public upon request.

Filing and Contact Details

Filer

Filer Name
Jacobson Foundation
EIN
73-1294329
Address
609 Chautauqua, Norman, OK 73069

Signing Officer

Name
Brent Greenwood
Title
Chair
Phone
4053661667
Signed
2023-11-15
Discuss with paid preparer
No

Organization Details

Formed
1986
Legal Domicile
Ok
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Larry Pace & Co PC
Address
1225 W Main Suite 124, Norman, OK 73069
Preparer
Larry Pace
Phone
4053213026
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Detail of expenses on line 24eBank Fees $ 228.Fees & Permits 1,770.Hospitality 307. Postage 235.Travel - Fuel 838. Rent 6,750.Contribution 100.Computer Expense 325.Internet 1,609. ________Total $ 12,162.

Raw XML Appendix387 raw XML fields

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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IRS990/Desc0To enrich the community with continued education of talented artists work exhibited at the Jacobson House. We achieve this by bringing to the community and State of Oklahoma lectures, workshops, culteral activities and art exhibits. These subjects are taught through live intereaction with the artists, or one on one demonstrations, or workshops and exhibits that continue an ongoing theme. Enrichment for the community taught through books, films, oral and written history, dancing, singing, permanant and revolving art collections. Private and public collections are shared for all to see and learn about. We also have authentic Native American created art pieces. These consist of jewelry and paintings.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt097678
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0160
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06137
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01626
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0987
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06936
IRS990ScheduleA/OtherIncome170Grp/TotalAmt015846
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66970
IRS990ScheduleA/PublicSupportPY170Pct00.72360
IRS990ScheduleA/PublicSupportTotal170Amt076032
IRS990ScheduleA/SubstantialContributorsTotAmt021646
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021506
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt031224
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017067
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05324
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt097678
IRS990ScheduleA/TotalSupportAmt0113524
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt038487
IRS990ScheduleD/BuildingsGrp/DepreciationAmt095495
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0133982
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-94
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024135
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024041
IRS990ScheduleD/LandGrp/BookValueAmt08852
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08852
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07445
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1210757
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Community Foundation of Oklahoma
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Art Collection
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047245
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0218202
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization is an Oklahoma Not-For-Profit Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body is provided form 990 to review before it is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Potential conflicts of interest are identified and discussed at regular board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The salary for the Executive Director is determined by the board. Currenlty, the Executive Director is not receiving any compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All employees salaries are determined by the board. Currently there are no employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents are made avaiable to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Detail of expenses on line 24eBank Fees $ 228.Fees & Permits 1,770.Hospitality 307. Postage 235.Travel - Fuel 838. Rent 6,750.Contribution 100.Computer Expense 325.Internet 1,609. ________Total $ 12,162.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses 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/TotalAssetsBOYAmt0296532
IRS990/TotalAssetsEOYAmt0288551
IRS990/TotalAssetsGrp/BOYAmt0296532
IRS990/TotalAssetsGrp/EOYAmt0288551
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt019090
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022813
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0575
IRS990/TotalFunctionalExpensesGrp/TotalAmt023388
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032624
IRS990/TotalLiabilitiesEOYAmt027005
IRS990/TotalLiabilitiesGrp/BOYAmt032624
IRS990/TotalLiabilitiesGrp/EOYAmt027005
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0263908
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0261546
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0575
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01936
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt021026
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0296532
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0288551
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.jacobsonhouse.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Brent Greenwood
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum04053661667
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Jacobson Foundation
ReturnHeader/Filer/BusinessNameControlTxt0JACO
ReturnHeader/Filer/EIN0731294329
ReturnHeader/Filer/USAddress/AddressLine1Txt0609 Chautauqua
ReturnHeader/Filer/USAddress/CityNm0Norman
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073069
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731210952
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Larry Pace & Co PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01225 W Main Suite 124
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Norman
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073069
ReturnHeader/PreparerPersonGrp/PhoneNum04053213026
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Larry Pace
ReturnHeader/ReturnTs02023-11-15T09:14:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Brent
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Greenwood
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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