Civic Intelligence

The Welch Area Development Authority

990EZ • Fiscal year 2015 • EIN 73-1375721

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 15, 2016

Organization Profile
PO Box 88Welch, OK 74369

(918) 961-0718

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

94th percentile

58%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

49th percentile

1.2%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

23rd percentile

-20%

Faster revenue growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$134,340

Up $1,579 (+1.2%) from 2014

Net Assets

Up

$134,340

Up $1,579 (+1.2%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin94th percentile

Revenue

Down

$2,729

Down $699 (-20%) from 2014

Expenses

Down

$1,150

Down $15 (-1.3%) from 2014

Net Income

Down

$1,579

Down $684 (-30%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$300K$200K$100K$0Assets 2010: $84,360Liabilities 2010: $02010Assets 2011: $89,107Liabilities 2011: $02011Assets 2012: $88,502Liabilities 2012: $02012Assets 2013: $130,498Liabilities 2013: $02013Assets 2014: $132,761Liabilities 2014: $0Net Assets 2014: $132,7612014Assets 2015: $134,340Liabilities 2015: $0Net Assets 2015: $134,3402015Assets 2016: $135,706Liabilities 2016: $0Net Assets 2016: $135,7062016Assets 2017: $142,070Liabilities 2017: $0Net Assets 2017: $142,0702017Assets 2018: $145,891Liabilities 2018: $0Net Assets 2018: $145,8912018Assets 2019: $166,236Liabilities 2019: $0Net Assets 2019: $166,2362019Assets 2020: $185,162Liabilities 2020: $0Net Assets 2020: $185,1622020Assets 2021: $219,644Liabilities 2021: $7,650Net Assets 2021: $211,9942021Assets 2022: $221,679Liabilities 2022: $7,650Net Assets 2022: $214,0292022Assets 2023: $224,694Liabilities 2023: $0Net Assets 2023: $224,6942023Assets 2024: $245,075Liabilities 2024: $0Net Assets 2024: $245,0752024

Highlighted filing

2015

Assets$134,340
Liabilities$0
Net Assets$134,340
Open 2015 Filing

Operations Trend

Revenue Growth23rd percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2010: $5,656Expenses 2010: $18,215Net Income 2010: -$12,5592010Revenue 2011: $7,784Expenses 2011: $3,037Net Income 2011: $4,7472011Revenue 2012: $6,488Expenses 2012: $7,093Net Income 2012: -$6052012Revenue 2013: $46,971Expenses 2013: $4,975Net Income 2013: $41,9962013Revenue 2014: $3,428Expenses 2014: $1,165Net Income 2014: $2,2632014Revenue 2015: $2,729Expenses 2015: $1,150Net Income 2015: $1,5792015Revenue 2016: $3,001Expenses 2016: $1,635Net Income 2016: $1,3662016Revenue 2017: $9,072Expenses 2017: $2,708Net Income 2017: $6,3642017Revenue 2018: $5,070Expenses 2018: $1,249Net Income 2018: $3,8212018Revenue 2019: $22,742Expenses 2019: $2,397Net Income 2019: $20,3452019Revenue 2020: $22,094Expenses 2020: $3,168Net Income 2020: $18,9262020Revenue 2021: $64,360Expenses 2021: $37,528Net Income 2021: $26,8322021Revenue 2022: $5,403Expenses 2022: $3,459Net Income 2022: $1,9442022Revenue 2023: $21,572Expenses 2023: $10,907Net Income 2023: $10,6652023Revenue 2024: $26,175Expenses 2024: $5,794Net Income 2024: $20,3812024

Highlighted filing

2015

Revenue$2,729
Expenses$1,150
Net Income$1,579
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 15, 2016
Return Version
2015v2.1
Gross Receipts
$2,729
Mission and Program Overview

Mission

Improve quality of life in welch area

Program Services

DescriptionGrantsExpenses
FUNDS TOWARD NEW DOWNTOWN BUSINESS PROJECT--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT NEILPresident-$0--
ERNEST L CALLISONVice-President-$0--
LINDA JORGENSONTreasurer-$0--
R C MCKEONDirector-$0--
CHARLES L STONERDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Welch Area Development Authority
EIN
73-1375721
Address
PO BOX 88, WELCH, OK 74369

Signing Officer

Name
Robert Neil
Title
President
Phone
9189610718
Signed
2016-04-15
Discuss with paid preparer
Yes

Preparer

Firm
Evans & Associates CPAs
Address
26 1st Ave NE, Miami, OK 74354
Preparer
David W Evans
Phone
9185422888
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity funding new downtown business grantee commercial title & escrow services street main street city, state, zip welch, ok 74369”

Description of other expenses Part I line 16

“Description amountinsurance 900”

Raw XML Appendix140 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LINDA JORGENSON
IRS990EZ/BooksInCareOfDetail/PhoneNum09189610718
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0445373 E 30 RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WELCH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd074369
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt090287
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt091866
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01579
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0250
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0132761
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0134340
IRS990EZ/GrossReceiptsAmt02729
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0229
IRS990EZ/LandAndBuildingsGrp/BOYAmt042474
IRS990EZ/LandAndBuildingsGrp/EOYAmt042474
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0132761
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0134340
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0132761
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0134340
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT NEIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERNEST L CALLISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDA JORGENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3R C MCKEON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHARLES L STONER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0900
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0IMPROVE QUALITY OF LIFE IN WELCH AREA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDS TOWARD NEW DOWNTOWN BUSINESS PROJECT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01150
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt02729
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt026755
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0229
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0168
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0276
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0443
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01341
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95230
IRS990ScheduleA/PublicSupportPY170Pct00.92000
IRS990ScheduleA/PublicSupportTotal170Amt026755
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07341
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt026755
IRS990ScheduleA/TotalSupportAmt028096
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY FUNDING NEW DOWNTOWN BUSINESS GRANTEE COMMERCIAL TITLE & ESCROW SERVICES STREET MAIN STREET CITY, STATE, ZIP WELCH, OK 74369
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTINSURANCE 900
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT NEIL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09189610718
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WELCH AREA DEVELOPMENT AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0WELC
ReturnHeader/Filer/EIN0731375721
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 88
ReturnHeader/Filer/USAddress/CityNm0WELCH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074369
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270354887
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Evans & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026 1st Ave NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd074354
ReturnHeader/PreparerPersonGrp/PhoneNum09185422888
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David W Evans
ReturnHeader/ReturnTs02016-05-11T15:28:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$134,340
Liabilities
$0
Net assets
$134,340
Revenue
$2,729
Expenses
$1,150
Net income
$1,579
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.45$0.00$2.45$0.26$0.06$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.00$2.25$0.22$0.11$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.22$0.08$2.14$0.05$0.03$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.08$2.12$0.64$0.38$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.00$1.85$0.22$0.03$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.00$1.66$0.23$0.02$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.00$1.46$0.05$0.01$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.00$1.42$0.09$0.03$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.00$1.36$0.03$0.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.03$0.01$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.03$0.01$0.02
2013Summary only. Only limited summary data is available for this year.$1.30$0.00$0.47$0.05$0.42
2012Summary only. Only limited summary data is available for this year.$0.89$0.00$0.06$0.07$0.01
2011Summary only. Only limited summary data is available for this year.$0.89$0.00$0.08$0.03$0.05
2010Summary only. Only limited summary data is available for this year.$0.84$0.00$0.06$0.18$0.13