Civic Intelligence

Great Expectations Foundation Inc

990 • Fiscal year 2023 • EIN 73-1399319

May 01, 2022 to Apr 30, 2023 • Filed on Sep 27, 2023

PO Box 1710Tahlequah, OK 74465

(918) 458-2338

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

34th percentile

0.03x

Higher debt load relative to revenue than 34% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

53rd percentile

5.5%

Higher net margin than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

58th percentile

7.6%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

50th percentile

6.7%

Faster revenue growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,225,600

Up $86,353 (+7.6%) from 2022

Net Assets

Up

$1,186,855

Up $83,955 (+7.6%) from 2022

Liabilities

Up

$38,745

Up $2,398 (+6.6%) from 2022

Revenue

Up

$1,533,680

Up $96,607 (+6.7%) from 2022

Expenses

Down

$1,449,725

Down $10,813 (-0.7%) from 2022

Net Income

Up

$83,955

Up $107,420 (+458%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,296,200Liabilities 2011: $335,456Net Assets 2011: $960,7442011Assets 2012: $1,435,008Liabilities 2012: $66,235Net Assets 2012: $1,368,7732012Assets 2013: $1,951,427Liabilities 2013: $56,264Net Assets 2013: $1,895,1632013Assets 2014: $2,065,117Liabilities 2014: $45,555Net Assets 2014: $2,019,5622014Assets 2015: $1,949,397Liabilities 2015: $56,213Net Assets 2015: $1,893,1842015Assets 2016: $1,560,447Liabilities 2016: $56,674Net Assets 2016: $1,503,7732016Assets 2017: $1,332,025Liabilities 2017: $65,583Net Assets 2017: $1,266,4422017Assets 2018: $1,466,685Liabilities 2018: $44,835Net Assets 2018: $1,421,8502018Assets 2019: $1,370,416Liabilities 2019: $39,895Net Assets 2019: $1,330,5212019Assets 2020: $1,431,095Liabilities 2020: $36,247Net Assets 2020: $1,394,8482020Assets 2021: $1,157,612Liabilities 2021: $31,247Net Assets 2021: $1,126,3652021Assets 2022: $1,139,247Liabilities 2022: $36,347Net Assets 2022: $1,102,9002022Assets 2023: $1,225,600Liabilities 2023: $38,745Net Assets 2023: $1,186,8552023Assets 2024: $1,312,273Liabilities 2024: $34,870Net Assets 2024: $1,277,4032024Assets 2025: $1,254,450Liabilities 2025: $33,595Net Assets 2025: $1,220,8552025

Highlighted filing

2023

Assets$1,225,600
Liabilities$38,745
Net Assets$1,186,855

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,438,1182011Expenses 2012: $2,310,3762012Expenses 2013: $2,420,1112013Revenue 2014: $2,820,092Expenses 2014: $2,695,693Net Income 2014: $124,3992014Revenue 2015: $2,799,476Expenses 2015: $2,925,854Net Income 2015: -$126,3782015Revenue 2016: $2,343,902Expenses 2016: $2,733,313Net Income 2016: -$389,4112016Revenue 2017: $1,670,010Expenses 2017: $1,907,341Net Income 2017: -$237,3312017Revenue 2018: $1,773,123Expenses 2018: $1,617,715Net Income 2018: $155,4082018Revenue 2019: $1,628,165Expenses 2019: $1,719,494Net Income 2019: -$91,3292019Revenue 2020: $1,667,252Expenses 2020: $1,602,925Net Income 2020: $64,3272020Revenue 2021: $1,060,280Expenses 2021: $1,328,763Net Income 2021: -$268,4832021Revenue 2022: $1,437,073Expenses 2022: $1,460,538Net Income 2022: -$23,4652022Revenue 2023: $1,533,680Expenses 2023: $1,449,725Net Income 2023: $83,9552023Revenue 2024: $1,654,477Expenses 2024: $1,611,081Net Income 2024: $43,3962024Revenue 2025: $1,447,747Expenses 2025: $1,548,753Net Income 2025: -$101,0062025

Highlighted filing

2023

Revenue$1,533,680
Expenses$1,449,725
Net Income$83,955
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Sep 27, 2023
Return Version
2022v5.0
Gross Receipts
$1,537,531
Mission and Program Overview

Mission

To provide teachers and administrators with the skills needed to create harmony and excitement within the school atmosphere, elements that are basic for inspiring students to pursue academic excellence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$973,761$1,021,855▲ $48,094
Accounts Receivable$119,515$154,622▲ $35,107
Inventories for Sale or Use$42,270$40,374▼ $1,896
Land, Buildings, and Equipment, Net$3,701$8,749▲ $5,048
Total Assets$1,139,247$1,225,600▲ $86,353
Liabilities
Deferred Revenue$32,197$34,595▲ $2,398
Other Liabilities$4,150$4,150→ $0
Total Liabilities$36,347$38,745▲ $2,398
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,035,383$1,119,338▲ $83,955
Net Assets With Donor Restrictions$67,517$67,517→ $0
Total Net Assets Fund Balance$1,102,900$1,186,855▲ $83,955
Total Liabilities and Net Assets / Fund Balance$1,139,247$1,225,600▲ $86,353

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,749$27,321$36,070
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$208,469
Program Service Revenue
$1,299,051
Investment Income
$23,822
Other Revenue
$2,338
All Other Contributions
$159,969
Change in Net Assets
$83,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,066,069
Other Expenses$383,656
Total Fundraising Expense$3,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$725,997$185,532-$911,529
Travel$145,076$1,465-$146,541
Pension Plan Contributions$31,370$44,063-$75,433
Other Employee Benefits$22,708$27,731-$50,439
Occupancy$33,449$6,194$1,652$41,295
Information Technology$28,129$1,250$1,875$31,254
Payroll Taxes$15,293$13,375-$28,668
Office Expenses$9,360$5,737-$15,097
Fees for Services Accounting-$10,215-$10,215
Insurance$8,953--$8,953
Other Expenses$1,047$1,389-$2,436
Fees for Services Other-$1,500-$1,500
Depreciation Depletion$1,030--$1,030
Total Functional Expenses$1,142,747$303,451$3,527$1,449,725
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
Prepaid Registrations$4,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

The governing body documents are available to the general public upon request

Filing and Contact Details

Filer

Filer Name
Great Expectations Foundation Inc
EIN
73-1399319
Phone
9184582338
Address
PO BOX 1710, TAHLEQUAH, OK 74465

Signing Officer

Name
Joe Williams
Title
Treasurer
Phone
9184582338
Signed
2023-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Williams
Legal Domicile
Ok
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
Ober & Littlefield Cpas
Address
124 S MAIN ST, MIAMI, OK 74354
Preparer
Christie Littlefield
Phone
9185424401
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE TEACHERS AND ADMINISTRATORS WITH THE SKILLS NEEDED TO CREATE HARMONY AND EXCITEMENT WITHIN THE SCHOOL ATMOSPHERE, ELEMENTS THAT ARE BASIC FOR INSPIRING STUDENTS TO PURSUE ACADEMIC EXCELLENCE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt01186855
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01035383
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt016500
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01652
IRS990/OccupancyGrp/ManagementAndGeneralAmt06194
IRS990/OccupancyGrp/ProgramServicesAmt033449
IRS990/OccupancyGrp/TotalAmt041295
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05737
IRS990/OfficeExpensesGrp/ProgramServicesAmt09360
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027731
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022708
IRS990/OtherEmployeeBenefitsGrp/TotalAmt050439
IRS990/OtherExpensesGrp/Desc0MEETING ROOM & PGM EXP
IRS990/OtherExpensesGrp/Desc1NSU ADMIN FEES
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3BANKING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04048
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1952
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21389
IRS990/OtherExpensesGrp/ProgramServicesAmt0103889
IRS990/OtherExpensesGrp/ProgramServicesAmt18601
IRS990/OtherExpensesGrp/ProgramServicesAmt27845
IRS990/OtherExpensesGrp/ProgramServicesAmt31047
IRS990/OtherExpensesGrp/TotalAmt0103889
IRS990/OtherExpensesGrp/TotalAmt112649
IRS990/OtherExpensesGrp/TotalAmt28797
IRS990/OtherExpensesGrp/TotalAmt32436
IRS990/OtherLiabilitiesGrp/BOYAmt04150
IRS990/OtherLiabilitiesGrp/EOYAmt04150
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0185532
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0725997
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IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013375
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt044063
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt031370
IRS990/PensionPlanContributionsGrp/TotalAmt075433
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOE WILLIAMS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01299051
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01299051
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0453411
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0953
IRS990/PYOtherExpensesAmt0340892
IRS990/PYOtherRevenueAmt0-290
IRS990/PYProgramServiceRevenueAmt0982999
IRS990/PYRevenuesLessExpensesAmt0-23465
IRS990/PYSalariesCompEmpBnftPaidAmt01119646
IRS990/PYTotalExpensesAmt01460538
IRS990/PYTotalRevenueAmt01437073
IRS990/ReconcilationRevenueExpnssAmt083955
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0191969
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0433911
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0504170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0661364
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0650243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02441657
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt016500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt016500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt023822
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019278
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01305240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0982999
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0518128
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0985708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0953399
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04745474
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt023822
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IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/PublicSupportPY509Pct00.99610
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01416910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01022298
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01647072
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01603642
IRS990ScheduleA/Total509Grp/TotalAmt07203631
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01537531
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01416910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01022298
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01647072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01622920
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07246731
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt08749
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027321
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt036070
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID REGISTRATIONS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08749
IRS990ScheduleD/TotalLiabilityAmt04150
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.25$0.03$1.22$1.45$1.55$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.03$1.28$1.65$1.61$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.04$1.19$1.53$1.45$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.04$1.10$1.44$1.46$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.03$1.13$1.06$1.33$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.04$1.39$1.67$1.60$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.04$1.33$1.63$1.72$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.04$1.42$1.77$1.62$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.07$1.27$1.67$1.91$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.06$1.50$2.34$2.73$0.39
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.06$1.89$2.80$2.93$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.07$0.05$2.02$2.82$2.70$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.06$1.90$2.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.07$1.37$2.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.34$0.96$2.44