Civic Intelligence

The Oscar Jacobson Foundation

990 • Fiscal year 2014 • EIN 73-1294329

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

609 ChautauquaNorman, OK 73069

(405) 366-1667

Siviq Scores

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

Liabilities / Assets

76th percentile

0.11x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

0.47x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

65th percentile

10%

Higher net margin than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

51st percentile

2.7%

Faster asset growth than 51% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

73%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$329,961

Up $8,569 (+2.7%) from 2013

Net Assets

Up

$294,492

Up $7,778 (+2.7%) from 2013

Liabilities

Up

$35,469

Up $791 (+2.3%) from 2013

Revenue

Up

$75,491

Up $31,830 (+73%) from 2013

Expenses

Up

$67,713

Up $5,998 (+9.7%) from 2013

Net Income

Up

$7,778

Up $25,832 (+143%) from 2013

Historical Trend

Balance Sheet Trend

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

$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

2014

Assets$329,961
Liabilities$35,469
Net Assets$294,492

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$75,491
Expenses$67,713
Net Income$7,778
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$127,603
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$94,668$89,077▼ $5,591
Cash and Non-Interest-Bearing Accounts$5,279$16,994▲ $11,715
Inventories for Sale or Use$3,243$5,188▲ $1,945
Accounts Receivable-$500-
Total Assets$321,392$329,961▲ $8,569
Other Assets Total$218,202$218,202→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$33,729$33,729→ $0
Other Liabilities$949$1,740▲ $791
Total Liabilities$34,678$35,469▲ $791
Net Assets / Fund Balance
Unrestricted Net Assets$286,714$294,492▲ $7,778
Total Net Assets Fund Balance$286,714$294,492▲ $7,778
Total Liabilities and Net Assets / Fund Balance$321,392$329,961▲ $8,569

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$39,538$30,422-
Other Land Buildings-$5,375-
Land$8,852--
Equipment$993$14,490-
Leasehold Improvements$39,694$27,510-
Other Assets Org$210,757--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$13,351
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$62,140
All Other Contributions
$13,041
Change in Net Assets
$7,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,216
Salaries, Compensation, and Employee Benefits$16,497
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,325$0$0$15,325
All Other Expenses$13,992$0$0$13,992
Depreciation Depletion$5,591$0$0$5,591
Occupancy$4,070$0$0$4,070
Advertising$3,359$0$0$3,359
Insurance$3,092$0$0$3,092
Fees for Services Accounting$1,283$0$0$1,283
Payroll Taxes$1,172$0$0$1,172
Fees for Services Legal$632$0$0$632
Other Expenses$290$0$0$290
Total Functional Expenses$67,713$0$0$67,713
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
Payroll Liabilities$1,399
Sales Tax Payable$341
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
CEO compensation reviewed
Yes
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
Filing and Contact Details

Filer

Filer Name
Jacobson Foundation
EIN
73-1294329
Phone
4053661667
Address
609 CHAUTAUQUA, NORMAN, OK 73069

Signing Officer

Name
Daniel J Brackett
Title
Board Chairman
Phone
4053661667
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel J Brackett
Formed
1986
Legal Domicile
Ok
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
25

Preparer

Firm
Larry Pace & Co Pc
Address
1225 W MAIN ST 124, NORMAN, OK 73069
Preparer
Larry Pace
Phone
4053213026
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is made available for the board's inpsection before filing.

Pt VI, Line 12C

A written conflict of interest policy is in place and reviewed monthly by the board of directors.

Pt VI, Line 15A

Executive Director's salary is determined by the board and reviewed periodically.

Form 990, Part IX, Line 24F

Internet 70. 70. 0. 0. Misc expenses 180. 180. 0. 0. Postage 6. 6. 0. 0. Program expenses 1800. 1800. 0. 0. Real estate tax 1452. 1452. 0. 0. Repairs & maint 1482. 1482. 0. 0. Research 68. 68. 0. 0. Sales expenses 3. 3. 0. 0. Supplies 896. 896. 0. 0. Taco expense 85. 85. 0. 0. Telephone 702. 702. 0. 0. Utilities 6545. 6545. 0. 0. Web management 703. 703. 0. 0.

Financial Statement Notes

Pt III, Line 4

The Indian art is held for display and education for the cultural enhancement of the public at large.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0195597
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt058840
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt015840
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt023333
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019991
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt09910
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0127914
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60460
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.77240
IRS990ScheduleA/PublicSupportTotal170Amt0195597
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013041
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052859
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0195597
IRS990ScheduleA/TotalSupportAmt0323511
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt039538
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030422
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt069960
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt0993
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014490
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt015483
IRS990ScheduleD/LandGrp/BookValueAmt08852
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt08852
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt039694
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt027510
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt067204
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07445
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1210757
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial Interest Community Foundation
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Collection
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05375
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt05375
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1341
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Sales Tax Payable
IRS990ScheduleD/SolicitedAssetsSaleInd0true
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Indian art is held for display and education for the cultural enhancement of the public at large.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt089077
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0218202
IRS990ScheduleD/TotalLiabilityAmt01740
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is made available for the board's inpsection before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A written conflict of interest policy is in place and reviewed monthly by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Executive Director's salary is determined by the board and reviewed periodically.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INTERNET 70. 70. 0. 0. MISC EXPENSES 180. 180. 0. 0. POSTAGE 6. 6. 0. 0. PROGRAM EXPENSES 1800. 1800. 0. 0. REAL ESTATE TAX 1452. 1452. 0. 0. REPAIRS & MAINT 1482. 1482. 0. 0. RESEARCH 68. 68. 0. 0. SALES EXPENSES 3. 3. 0. 0. SUPPLIES 896. 896. 0. 0. TACO EXPENSE 85. 85. 0. 0. TELEPHONE 702. 702. 0. 0. UTILITIES 6545. 6545. 0. 0. WEB MANAGEMENT 703. 703. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0321392
IRS990/TotalAssetsEOYAmt0329961
IRS990/TotalAssetsGrp/BOYAmt0321392
IRS990/TotalAssetsGrp/EOYAmt0329961
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt013351
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067713
IRS990/TotalFunctionalExpensesGrp/TotalAmt067713
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034678
IRS990/TotalLiabilitiesEOYAmt035469
IRS990/TotalLiabilitiesGrp/BOYAmt034678
IRS990/TotalLiabilitiesGrp/EOYAmt035469
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0286714
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0294492
IRS990/TotalProgramServiceExpensesAmt067713
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt062140
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt075491
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0321392
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0329961
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0286714
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0294492
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0609 Chautauqua
IRS990/USAddress/CityNm0Norman
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd073069
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.jacobsonhouse.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL J BRACKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum04053661667
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACOBSON FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0JACO
ReturnHeader/Filer/EIN0731294329
ReturnHeader/Filer/PhoneNum04053661667
ReturnHeader/Filer/USAddress/AddressLine1Txt0609 CHAUTAUQUA
ReturnHeader/Filer/USAddress/CityNm0NORMAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd073069
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LARRY PACE & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01225 W MAIN ST 124
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073069
ReturnHeader/PreparerPersonGrp/PhoneNum04053213026
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRY PACE
ReturnHeader/ReturnTs02015-11-16T11:52:51-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01

Document Assets

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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