Civic Intelligence

Central Oklahoma Business & Job Development Corporation

990 • Fiscal year 2019 • EIN 73-1336633

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 09, 2020

Organization Profile
201 Settle DriveDrumright, OK 74030

(918) 747-7000

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-78%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

41st percentile

-1.9%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

265%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$440,039

Down $8,315 (-1.9%) from 2018

Net Assets

Down

$440,039

Down $8,315 (-1.9%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin6th percentile

Revenue

Up

$10,642

Up $7,725 (+265%) from 2018

Expenses

Down

$18,957

Down $131 (-0.7%) from 2018

Net Income

Up

-$8,315

Up $7,856 (+49%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$600K$400K$200K$0Assets 2010: $554,885Liabilities 2010: $0Net Assets 2010: $554,8852010Assets 2011: $554,885Liabilities 2011: $0Net Assets 2011: $554,8852011Assets 2012: $516,556Liabilities 2012: $0Net Assets 2012: $516,5562012Assets 2013: $508,789Liabilities 2013: $0Net Assets 2013: $508,7892013Assets 2014: $508,789Liabilities 2014: $0Net Assets 2014: $508,7892014Assets 2015: $492,779Liabilities 2015: $0Net Assets 2015: $492,7792015Assets 2016: $476,235Liabilities 2016: $0Net Assets 2016: $476,2352016Assets 2017: $464,525Liabilities 2017: $0Net Assets 2017: $464,5252017Assets 2018: $448,354Liabilities 2018: $0Net Assets 2018: $448,3542018Assets 2019: $440,039Liabilities 2019: $0Net Assets 2019: $440,0392019Assets 2020: $425,839Liabilities 2020: $0Net Assets 2020: $425,8392020Assets 2021: $421,479Liabilities 2021: $0Net Assets 2021: $421,4792021

Highlighted filing

2019

Assets$440,039
Liabilities$0
Net Assets$440,039
Open 2019 Filing

Operations Trend

Revenue Growth97th percentile

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

$60K$40K$20K$0-$20KRevenue 2010: $49,205Expenses 2010: $32,795Net Income 2010: $16,4102010Revenue 2011: $49,205Expenses 2011: $32,795Net Income 2011: $16,4102011Revenue 2012: $36,297Expenses 2012: $38,157Net Income 2012: -$1,8602012Revenue 2013: $23,617Expenses 2013: $31,384Net Income 2013: -$7,7672013Revenue 2014: $23,617Expenses 2014: $31,384Net Income 2014: -$7,7672014Revenue 2015: $2,718Expenses 2015: $18,728Net Income 2015: -$16,0102015Revenue 2016: $2,373Expenses 2016: $18,917Net Income 2016: -$16,5442016Revenue 2017: $7,287Expenses 2017: $18,997Net Income 2017: -$11,7102017Revenue 2018: $2,917Expenses 2018: $19,088Net Income 2018: -$16,1712018Revenue 2019: $10,642Expenses 2019: $18,957Net Income 2019: -$8,3152019Revenue 2020: $7,394Expenses 2020: $19,017Net Income 2020: -$11,6232020Revenue 2021: $14,666Expenses 2021: $19,026Net Income 2021: -$4,3602021

Highlighted filing

2019

Revenue$10,642
Expenses$18,957
Net Income-$8,315
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 9, 2020
Return Version
2018v3.2
Gross Receipts
$10,642
Mission and Program Overview

Mission

To provide economic development in a depressed area throughout the development of a business inclubator program

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$241,605$225,961▼ $15,644
Savings and Temporary Cash Investments$182,286$188,608▲ $6,322
Cash and Non-Interest-Bearing Accounts$24,463$25,140▲ $677
Accounts Receivable-$330-
Total Assets$448,354$440,039▼ $8,315
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$448,354$440,039▼ $8,315
Total Net Assets Fund Balance$448,354$440,039▼ $8,315
Total Liabilities and Net Assets / Fund Balance$448,354$440,039▼ $8,315
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Tommy SmithPresident
Jules GearManager/reco
Bill HicksonMember
Colby WissellMember
Don SporlederMember
Don TempleMember
Mike BrownMember
Paul BranchMember
Phil WaulMember
Topper CausbyMember
Vonta ThomasMember
Wendell BookoutSecretary
Brenda MagdeburgTreasurer
Chuck MitchellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$4,320
Program Service Revenue
$0
Investment Income
$6,322
Other Revenue
$0
All Other Contributions
$4,320
Change in Net Assets
$-8,315

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,642
Total Revenue per Audited Statements
$10,642
Total Revenue per Form 990
$10,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,957
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
Fees for Services Accounting$1,048--$1,048
Other Expenses$150--$150
All Other Expenses$27--$27
Total Functional Expenses$18,957$0$0$18,957

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,957
Total Expenses per Audited Statements$18,957
Total Expenses per Form 990$18,957
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Central Oklahoma Business &
EIN
73-1336633
Address
201 SETTLE DRIVE, DRUMRIGHT, OK 74030

Signing Officer

Name
Tommy Smith
Title
President
Signed
2020-02-09

Organization Details

Principal Officer
Tommy Smith
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Hood & Associates Cpas Pc
Address
5350 EAST 46TH STREET SUITE 130, TULSA, OK 74135-3537
Preparer
Paul Hood CPA
Phone
9187477000
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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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ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TOMMY SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL OKLAHOMA BUSINESS &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0JOB DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0731336633
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 SETTLE DRIVE
ReturnHeader/Filer/USAddress/CityNm0DRUMRIGHT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074030
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0735875D106300265B71C86EDBA72D0CBDA9D098A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F593580E35C059E05B44948E9C0AF39511804649
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt035.153.145.126
ReturnHeader/FilingSecurityInformation/IPDt02020-03-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:19:46
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0731432162
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOOD & ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05350 EAST 46TH STREET SUITE 130
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TULSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0741353537
ReturnHeader/PreparerPersonGrp/PhoneNum09187477000
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL HOOD CPA
ReturnHeader/ReturnTs02020-03-16T08:19:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$440,039
Liabilities
$0
Net assets
$440,039
Revenue
$10,642
Expenses
$18,957
Net income
-$8,315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$0.15$0.19$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.00$4.26$0.07$0.19$0.12
2019Detailed filing. Detailed filing data is available for this year.$4.40$0.00$4.40$0.11$0.19$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.48$0.00$4.48$0.03$0.19$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.65$0.00$4.65$0.07$0.19$0.12
2016Detailed filing. Detailed filing data is available for this year.$4.76$0.00$4.76$0.02$0.19$0.17
2015Summary only. Only limited summary data is available for this year.$4.93$0.00$4.93$0.03$0.19$0.16
2014Summary only. Only limited summary data is available for this year.$5.09$0.00$5.09$0.24$0.31$0.08
2013Summary only. Only limited summary data is available for this year.$5.09$0.00$5.09$0.24$0.31$0.08
2012Summary only. Only limited summary data is available for this year.$5.17$0.00$5.17$0.36$0.38$0.02
2011Summary only. Only limited summary data is available for this year.$5.55$0.00$5.55$0.49$0.33$0.16
2010Summary only. Only limited summary data is available for this year.$5.55$0.00$5.55$0.49$0.33$0.16