Civic Intelligence

Owasso Community Resources Inc.

990 • Fiscal year 2019 • EIN 73-1445318

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

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

30th percentile

0.01x

Higher debt load relative to assets than 30% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

31st percentile

-2.8%

Higher net margin than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

47th percentile

$54,060

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

29%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$117,162

Down $16,063 (-12%) from 2018

Net Assets

Down

$115,592

Down $15,914 (-12%) from 2018

Liabilities

Down

$1,570

Down $149 (-8.7%) from 2018

Revenue

Up

$1,003,413

Up $225,773 (+29%) from 2018

Expenses

Up

$1,031,235

Up $215,259 (+26%) from 2018

Net Income

Up

-$27,822

Up $10,514 (+27%) from 2018

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

2019

Assets$117,162
Liabilities$1,570
Net Assets$115,592

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

2019

Revenue$1,003,413
Expenses$1,031,235
Net Income-$27,822
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.0
Gross Receipts
$1,026,360
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$8,527$15,934▲ $7,407
Land, Buildings, and Equipment, Net$8,653$7,098▼ $1,555
Cash and Non-Interest-Bearing Accounts$34,762$2,121▼ $32,641
Investments in Publicly Traded Securities$1,272$1,272→ $0
Prepaid Expenses and Deferred Charges$820$820→ $0
Total Assets$133,225$117,162▼ $16,063
Other Assets Total$79,191$89,917▲ $10,726
Liabilities
Accounts Payable and Accrued Expenses$1,719$1,570▼ $149
Total Liabilities$1,719$1,570▼ $149
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$67,150-
Net Assets Without Donor Restrictions$131,506$48,442▼ $83,064
Total Net Assets Fund Balance$131,506$115,592▼ $15,914
Total Liabilities and Net Assets / Fund Balance$133,225$117,162▼ $16,063

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,098$45,029$52,127
Other Assets Org$89,917--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$76,586-▼ $1,360-$75,226
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Randy CowlingExecutive DiFT$54,060$54,060

Board Members and Trustees

NameTitle
Teresa WillisPresident
David KesslerDirector
Jim CinoccaDirector
Leigh Ann JenkinsDirector
Cyndi KnotenSecretary
Krysti BeanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$969,709
Program Service Revenue
$0
Investment Income
$3,821
Other Revenue
$29,883
All Other Contributions
$902,496
Change in Net Assets
$-27,822

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$852,635
Total Noncash Contributions1$852,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$923,855
Salaries, Compensation, and Employee Benefits$107,380
Total Fundraising Expense$4,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$45,951$5,406$2,703$54,060
Other Salaries and Wages$37,419$4,402$2,201$44,022
Fees for Services Other$14,368--$14,368
Occupancy$11,520--$11,520
Payroll Taxes$9,298--$9,298
Insurance$7,779--$7,779
All Other Expenses$3,373$200-$3,573
Other Expenses$3,040--$3,040
Depreciation Depletion-$1,557-$1,557
Office Expenses$458--$458
Conferences and Meetings$35--$35
Total Functional Expenses$1,014,766$11,565$4,904$1,031,235
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,958
Fundraising Direct Expenses$11,210
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Donation Banque$17,514$17,514$6,901$10,613
Golf Tournament$10,109$10,109$4,309$5,800
Total Events$36,568$36,568$11,210$25,358
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 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
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
Teresa Willis
Title
President
Phone
9182724969
Signed
2020-11-10

Organization Details

Principal Officer
Teresa Willis
Formed
1995
Legal Domicile
Ok
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
253

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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0693229
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0694888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03696983
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01669
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0342
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt03607
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99850
IRS990ScheduleA/PublicSupportPY170Pct00.99720
IRS990ScheduleA/PublicSupportTotal170Amt03696983
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0969709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0605062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0734095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0693229
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0694888
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03696983
IRS990ScheduleA/TotalSupportAmt03702601
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt075226
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TULSA COMMUNITY FOUNDATION
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045029
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052127
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUND FUTURE CHARITABLE OPERATIONS
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt089917
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DONATION BANQUE
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010109
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010109
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt08945
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IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORMS REVIEWED FOR COMPLETENESS AND ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REGULARLY MONITORED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY VOTE OF ENTIRE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN OR VERBAL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt01570
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01003413
IRS990/TotalVolunteersCnt0253
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0OWASSOHELPS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA WILLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09182724969
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OWASSO COMMUNITY RESOURCES INC
ReturnHeader/Filer/BusinessNameControlTxt0OWAS
ReturnHeader/Filer/EIN0731445318
ReturnHeader/Filer/USAddress/AddressLine1Txt0109 NORTH BIRCH SUITE 109
ReturnHeader/Filer/USAddress/CityNm0OWASSO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074055
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08571F9BAB430007FBC6E303F35E1876853EC73EB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08571F9BAB430007FBC6E303F35E1876853EC73EB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.167.71.137
ReturnHeader/FilingSecurityInformation/IPDt02020-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:24:39
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200541859
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MURET CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03326 E 27TH PLACE

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
2019Detailed filing. Detailed filing data is available for this year.$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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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