Civic Intelligence

Owasso Community Resources Inc.

990 • Fiscal year 2020 • EIN 73-1445318

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 13, 2022

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

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

17th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

47th percentile

4.0%

Higher net margin than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

48th percentile

$54,060

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

84th percentile

44%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

26%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$168,932

Up $51,770 (+44%) from 2019

Net Assets

Up

$167,364

Up $51,772 (+45%) from 2019

Liabilities

Down

$1,568

Down $2 (-0.1%) from 2019

Revenue

Up

$1,269,077

Up $265,664 (+26%) from 2019

Expenses

Up

$1,218,748

Up $187,513 (+18%) from 2019

Net Income

Up

$50,329

Up $78,151 (+281%) from 2019

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

2020

Assets$168,932
Liabilities$1,568
Net Assets$167,364

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

2020

Revenue$1,269,077
Expenses$1,218,748
Net Income$50,329
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 13, 2022
Return Version
2020v4.0
Gross Receipts
$1,273,219
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$15,934$96,243▲ $80,309
Cash and Non-Interest-Bearing Accounts$2,121$64,998▲ $62,877
Land, Buildings, and Equipment, Net$7,098$5,599▼ $1,499
Investments in Publicly Traded Securities$1,272$1,272→ $0
Prepaid Expenses and Deferred Charges$820$820→ $0
Total Assets$117,162$168,932▲ $51,770
Other Assets Total$89,917--
Liabilities
Accounts Payable and Accrued Expenses$1,570$1,568▼ $2
Total Liabilities$1,570$1,568▼ $2
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,442$102,193▲ $53,751
Net Assets With Donor Restrictions$67,150$65,171▼ $1,979
Total Net Assets Fund Balance$115,592$167,364▲ $51,772
Total Liabilities and Net Assets / Fund Balance$117,162$168,932▲ $51,770

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,599$46,528$52,127
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
Krysti BeanDirector
Cyndi KnotenSecretary
Tarra TrentTreasurer
Michele WarrenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,256,751
Program Service Revenue
$0
Investment Income
$182
Other Revenue
$12,144
All Other Contributions
$1,041,575
Change in Net Assets
$50,329

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 AmountValuation Method
Food Inventory519,017$882,3291.70/lb
Total Noncash Contributions519,017$882,329-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,101,853
Salaries, Compensation, and Employee Benefits$116,895
Total Fundraising Expense$5,415
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,112$5,425$2,712$54,249
Current Officers, Directors, Trustees, and Key Employees$45,951$5,406$2,703$54,060
Fees for Services Other$17,245--$17,245
Occupancy$11,520--$11,520
Payroll Taxes$8,586--$8,586
Insurance$6,237--$6,237
Other Expenses$3,424--$3,424
All Other Expenses$3,137$200-$3,337
Depreciation Depletion-$1,497-$1,497
Office Expenses$1,322--$1,322
Conferences and Meetings$250--$250
Total Functional Expenses$1,200,805$12,528$5,415$1,218,748
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,120
Fundraising Direct Expenses$4,142
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$9,273$9,273$2,331$6,942
Total Events$9,273$9,273$3,986$5,287
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
Randy Cowling
Title
Executive Director
Phone
9182724969
Signed
2022-01-13

Organization Details

Principal Officer
Teresa Willis
Formed
1995
Legal Domicile
Ok
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
439

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/CurrentTaxYearMinus1YearAmt0969709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0605062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0734095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0693229
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04258846
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01669
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01669
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0114277
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01743
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01743
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99920
IRS990ScheduleA/PublicSupportPY170Pct00.99850
IRS990ScheduleA/PublicSupportTotal170Amt04258846
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01256751
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0969709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0605062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0734095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0693229
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04258846
IRS990ScheduleA/TotalSupportAmt04262258
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05599
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046528
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052127
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUND FUTURE CHARITABLE OPERATIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05599
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03986
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0125
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt09273
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt09273
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09273
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt09273
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05287
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02331
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02331
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01530
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01530
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt0519017
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt01.70/LB
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt0882329
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0117162
IRS990/TotalAssetsEOYAmt0168932
IRS990/TotalAssetsGrp/BOYAmt0117162
IRS990/TotalAssetsGrp/EOYAmt0168932
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01256751
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05415
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012528
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01200805
IRS990/TotalFunctionalExpensesGrp/TotalAmt01218748
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01570
IRS990/TotalLiabilitiesEOYAmt01568
IRS990/TotalLiabilitiesGrp/BOYAmt01570
IRS990/TotalLiabilitiesGrp/EOYAmt01568
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0115592
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0167364
IRS990/TotalProgramServiceExpensesAmt01200805
IRS990/TotalReportableCompFromOrgAmt054060
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01348
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01269077
IRS990/TotalVolunteersCnt0439
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0117162
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0168932
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0OWASSOHELPS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDY COWLING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09182724969
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-13
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/PreparerFirmGrp/PreparerFirmEIN0200541859
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MURET CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03326 E 27TH PLACE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TULSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0741145910
ReturnHeader/PreparerPersonGrp/PhoneNum09183011100
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL MURET CPA
ReturnHeader/ReturnTs02022-01-13T13:50:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RANDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COWLING
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31

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
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