Civic Intelligence

Owasso Community Resources Inc.

990 • Fiscal year 2017 • EIN 73-1445318

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 10, 2018

109 North Birch Suite 109Owasso, OK 74055

(918) 599-2984

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.00x

Higher debt load relative to revenue than 29% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

34th percentile

-1.7%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

66th percentile

$51,000

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

27th percentile

-3.4%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

8.0%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$171,371

Down $6,005 (-3.4%) from 2016

Net Assets

Down

$169,842

Down $4,728 (-2.7%) from 2016

Liabilities

Down

$1,529

Down $1,277 (-46%) from 2016

Revenue

Up

$759,358

Up $56,562 (+8.0%) from 2016

Expenses

Up

$772,366

Up $45,614 (+6.3%) from 2016

Net Income

Up

-$13,008

Up $10,948 (+46%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $257,000Liabilities 2011: $0Net Assets 2011: $257,0002011Assets 2012: $286,586Liabilities 2012: $0Net Assets 2012: $286,5862012Assets 2013: $285,152Liabilities 2013: $0Net Assets 2013: $285,1522013Assets 2014: $268,995Liabilities 2014: $0Net Assets 2014: $268,9952014Assets 2015: $196,482Liabilities 2015: $2,382Net Assets 2015: $194,1002015Assets 2016: $177,376Liabilities 2016: $2,806Net Assets 2016: $174,5702016Assets 2017: $171,371Liabilities 2017: $1,529Net Assets 2017: $169,8422017Assets 2018: $133,225Liabilities 2018: $1,719Net Assets 2018: $131,5062018Assets 2019: $117,162Liabilities 2019: $1,570Net Assets 2019: $115,5922019Assets 2020: $168,932Liabilities 2020: $1,568Net Assets 2020: $167,3642020Assets 2021: $211,376Liabilities 2021: $1,568Net Assets 2021: $209,8082021Assets 2022: $186,393Liabilities 2022: $12,529Net Assets 2022: $173,8642022Assets 2023: $244,673Liabilities 2023: $12,519Net Assets 2023: $232,1542023Assets 2024: $172,253Liabilities 2024: $2,780Net Assets 2024: $169,4732024

Highlighted filing

2017

Assets$171,371
Liabilities$1,529
Net Assets$169,842

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $220,6632011Expenses 2012: $250,7522012Revenue 2013: $421,530Expenses 2013: $422,964Net Income 2013: -$1,4342013Revenue 2014: $613,700Expenses 2014: $629,857Net Income 2014: -$16,1572014Revenue 2015: $713,518Expenses 2015: $785,046Net Income 2015: -$71,5282015Revenue 2016: $702,796Expenses 2016: $726,752Net Income 2016: -$23,9562016Revenue 2017: $759,358Expenses 2017: $772,366Net Income 2017: -$13,0082017Revenue 2018: $777,640Expenses 2018: $815,976Net Income 2018: -$38,3362018Revenue 2019: $1,003,413Expenses 2019: $1,031,235Net Income 2019: -$27,8222019Revenue 2020: $1,269,077Expenses 2020: $1,218,748Net Income 2020: $50,3292020Revenue 2021: $1,877,260Expenses 2021: $1,835,940Net Income 2021: $41,3202021Revenue 2022: $1,599,538Expenses 2022: $1,635,075Net Income 2022: -$35,5372022Revenue 2023: $1,811,915Expenses 2023: $1,753,625Net Income 2023: $58,2902023Revenue 2024: $1,878,259Expenses 2024: $1,941,115Net Income 2024: -$62,8562024

Highlighted filing

2017

Revenue$759,358
Expenses$772,366
Net Income-$13,008
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 10, 2018
Return Version
2017v2.3
Gross Receipts
$785,664
Mission and Program Overview

Mission

Build a stronger community through volunteer-ism, community coordination and access to services

Build a stronger community through volunteer-ism, community coordination and access to services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$67,709$36,445▼ $31,264
Cash and Non-Interest-Bearing Accounts$12,370$33,819▲ $21,449
Land, Buildings, and Equipment, Net$11,947$9,677▼ $2,270
Prepaid Expenses and Deferred Charges$2,197$1,600▼ $597
Investments in Publicly Traded Securities$1,272$1,272→ $0
Pledges and Grants Receivable$2,184$840▼ $1,344
Total Assets$177,376$171,371▼ $6,005
Other Assets Total$79,697$87,718▲ $8,021
Liabilities
Accounts Payable and Accrued Expenses$2,806$1,529▼ $1,277
Total Liabilities$2,806$1,529▼ $1,277
Net Assets / Fund Balance
Unrestricted Net Assets$71,673$77,582▲ $5,909
Permanently Rstr Net Assets$76,586$76,586→ $0
Temporarily Rstr Net Assets$26,311$15,674▼ $10,637
Total Net Assets Fund Balance$174,570$169,842▼ $4,728
Total Liabilities and Net Assets / Fund Balance$177,376$171,371▼ $6,005

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,677$41,845$51,522
Other Assets Org$87,718--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$76,586-▼ $1,360-$75,226
2014$23,691$50,000▲ $2,895-$76,586
2013$20,169-▲ $3,522-$23,691
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Randy CowlingExecutive DiFT$51,000$51,000

Board Members and Trustees

NameTitle
David KesslerPresident
Jim CinoccaDirector
Michele WarrenDirector
Rickey HayesDirector
Teresa WillisDirector
Cyndi KnotenSecretary
Nick SokoloskyTreasurer
Krysti BeanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$734,095
Program Service Revenue
$0
Investment Income
$4,252
Other Revenue
$21,011
All Other Contributions
$666,882
Change in Net Assets
$-13,008

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Food Inventory1$566,964
Total Noncash Contributions1$566,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$653,092
Salaries, Compensation, and Employee Benefits$119,274
Total Fundraising Expense$5,541
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$50,844$5,982$2,991$59,817
Current Officers, Directors, Trustees, and Key Employees$43,350$5,100$2,550$51,000
Occupancy$11,520--$11,520
Fees for Services Other$11,501--$11,501
Insurance$8,730--$8,730
Payroll Taxes$8,457--$8,457
Depreciation Depletion-$2,270-$2,270
All Other Expenses$2,221--$2,221
Other Expenses$1,760--$1,760
Office Expenses$1,418--$1,418
Conferences and Meetings$328--$328
Total Functional Expenses$753,473$13,352$5,541$772,366
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,572
Fundraising Direct Expenses$6,561
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Donation Banque$27,572$27,572$1,258$26,314
Total Events$27,572$27,572$6,561$21,011
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
Audit committee
Yes
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
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

Governance Explanations

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

Forms reviewed for completeness and accuracy.

Form 990, Page 6, Part VI, Line 12C

Regularly monitored by board.

Form 990, Page 6, Part VI, Line 15A

By vote of entire governing board.

Form 990, Page 6, Part VI, Line 19

Upon written or verbal request.

Filing and Contact Details

Filer

Filer Name
Owasso Community Resources Inc
EIN
73-1445318
Address
109 NORTH BIRCH SUITE 109, OWASSO, OK 74055

Signing Officer

Name
David Kessler
Title
President
Phone
9182724969
Signed
2018-10-10

Organization Details

Principal Officer
David Kessler
Formed
1995
Legal Domicile
Ok
Voting Board Members
13
Independent Board Members
13
Employees
8

Preparer

Firm
Muret CPA Pllc
Address
3326 E 27TH PLACE, TULSA, OK 74114-5910
Preparer
Paul Muret CPA
Phone
9183011100
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Fund future charitable operations

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt036445
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt045276
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt023691
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt050000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt076586
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt020169
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt023691
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03522
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt087718
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TULSA COMMUNITY FOUNDATION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09677
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041845
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051522
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUND FUTURE CHARITABLE OPERATIONS
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DONATION BANQUE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORMS REVIEWED FOR COMPLETENESS AND ACCURACY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY VOTE OF ENTIRE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN OR VERBAL REQUEST.
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0753473
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IRS990/TotalLiabilitiesGrp/BOYAmt02806
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0174570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0169842
IRS990/TotalProgramServiceExpensesAmt0753473
IRS990/TotalReportableCompFromOrgAmt051000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04252
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0759358
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0177376
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0171371
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt071673
IRS990/UnrestrictedNetAssetsGrp/EOYAmt077582
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0OWASSOHELPS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID KESSLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09182724969
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OWASSO COMMUNITY RESOURCES INC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$1.88$1.94$0.06
2023Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$1.81$1.75$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.01$0.17$1.60$1.64$0.04
2021Summary only. Only limited summary data is available for this year.$0.21$0.00$0.21$1.88$1.84$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$1.27$1.22$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$1.00$1.03$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.78$0.82$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.76$0.77$0.01
2016Summary only. Only limited summary data is available for this year.$0.18$0.00$0.17$0.70$0.73$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.19$0.71$0.79$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.61$0.63$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.42$0.42$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$0.22