Civic Intelligence

Oklahoma Caring Foundation Inc.

990 • Fiscal year 2019 • EIN 73-1470846

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

1001 E Lookout Drive A2203Richardson, TX 75082

(972) 766-2747

Siviq Scores

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

Liabilities / Assets

35th percentile

0.02x

Higher debt load relative to assets than 35% of similar nonprofits.

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

Liabilities / Revenue

53rd percentile

0.10x

Higher debt load relative to revenue than 53% of similar nonprofits.

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

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

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

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

82nd percentile

33%

Faster revenue growth than 82% of similar nonprofits.

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

Assets

Up

$2,448,541

Up $255,190 (+12%) from 2018

Net Assets

Up

$2,391,581

Up $234,504 (+11%) from 2018

Liabilities

Up

$56,960

Up $20,686 (+57%) from 2018

Revenue

Up

$566,378

Up $139,290 (+33%) from 2018

Expenses

Up

$335,725

Up $28,508 (+9.3%) from 2018

Net Income

Up

$230,653

Up $110,782 (+92%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $535,363Liabilities 2010: $34,434Net Assets 2010: $500,9302010Assets 2011: $1,001,805Liabilities 2011: $15,768Net Assets 2011: $986,0362011Assets 2012: $1,228,234Liabilities 2012: $15,126Net Assets 2012: $1,213,1092012Assets 2013: $1,493,244Liabilities 2013: $22,890Net Assets 2013: $1,470,3532013Assets 2014: $1,761,107Liabilities 2014: $25,956Net Assets 2014: $1,735,1512014Assets 2015: $1,954,183Liabilities 2015: $65,895Net Assets 2015: $1,888,2872015Assets 2016: $2,020,444Liabilities 2016: $32,900Net Assets 2016: $1,987,5442016Assets 2017: $2,128,165Liabilities 2017: $93,549Net Assets 2017: $2,034,6162017Assets 2018: $2,193,351Liabilities 2018: $36,274Net Assets 2018: $2,157,0772018Assets 2019: $2,448,541Liabilities 2019: $56,960Net Assets 2019: $2,391,5812019Assets 2020: $2,672,724Liabilities 2020: $56,319Net Assets 2020: $2,616,4052020Assets 2021: $2,860,114Liabilities 2021: $60,637Net Assets 2021: $2,799,4772021Assets 2022: $2,848,032Liabilities 2022: $67,593Net Assets 2022: $2,780,4392022Assets 2023: $3,169,670Liabilities 2023: $68,160Net Assets 2023: $3,101,5102023Assets 2024: $3,409,179Liabilities 2024: $77,966Net Assets 2024: $3,331,2132024

Highlighted filing

2019

Assets$2,448,541
Liabilities$56,960
Net Assets$2,391,581

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $448,562Expenses 2010: $126,194Net Income 2010: $322,3682010Revenue 2011: $628,999Expenses 2011: $143,892Net Income 2011: $485,1072011Revenue 2012: $414,705Expenses 2012: $187,632Net Income 2012: $227,0732012Revenue 2013: $432,795Expenses 2013: $175,550Net Income 2013: $257,2452013Revenue 2014: $491,987Expenses 2014: $227,190Net Income 2014: $264,7972014Revenue 2015: $425,224Expenses 2015: $272,088Net Income 2015: $153,1362015Revenue 2016: $431,783Expenses 2016: $332,527Net Income 2016: $99,2562016Revenue 2017: $456,579Expenses 2017: $409,507Net Income 2017: $47,0722017Revenue 2018: $427,088Expenses 2018: $307,217Net Income 2018: $119,8712018Revenue 2019: $566,378Expenses 2019: $335,725Net Income 2019: $230,6532019Revenue 2020: $491,333Expenses 2020: $266,509Net Income 2020: $224,8242020Revenue 2021: $474,891Expenses 2021: $274,683Net Income 2021: $200,2082021Revenue 2022: $266,485Expenses 2022: $285,523Net Income 2022: -$19,0382022Revenue 2023: $620,199Expenses 2023: $299,128Net Income 2023: $321,0712023Revenue 2024: $592,462Expenses 2024: $362,759Net Income 2024: $229,7032024

Highlighted filing

2019

Revenue$566,378
Expenses$335,725
Net Income$230,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$566,378
Mission and Program Overview

Mission

The Oklahoma Caring Foundation's mission is to provide Oklahomans access to preventive health services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,650,014$1,947,206▲ $297,192
Savings and Temporary Cash Investments$158,658$183,189▲ $24,531
Land, Buildings, and Equipment, Net$223,386$139,852▼ $83,534
Cap Stk Tr Prin Current Funds$35,914$43,495▲ $7,581
Pledges and Grants Receivable$17,293$5,218▼ $12,075
Accounts Receivable-$12-
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$2,193,351$2,448,541▲ $255,190
Other Assets Total$144,000$173,064▲ $29,064
Liabilities
Accounts Payable and Accrued Expenses$11,864$56,960▲ $45,096
Grants Payable$24,410--
Other Liabilities$0$0→ $0
Total Liabilities$36,274$56,960▲ $20,686
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,121,163$2,348,086▲ $226,923
Total Net Assets Fund Balance$2,157,077$2,391,581▲ $234,504
Total Liabilities and Net Assets / Fund Balance$2,193,351$2,448,541▲ $255,190

Asset Categories

AssetBook ValueDepreciationBasis
Land$608,532--
Equipment$-468,680$468,680-
Other Assets Org$173,064--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$144,001$2,171▲ $24,178-$173,065
2018$149,173$4,977▼ $7,545$1,616$144,001
2017$131,499-▲ $20,147$1,547$149,173
2016$125,393-▲ $8,457$1,476$131,499
2015$127,067$626▼ $1,414-$125,393
Compensation and Service Providers

Board Members and Trustees

NameTitle
-President/Chairman
-Director
-Executive Director
-Assistant Treasurer
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$434,396
Program Service Revenue
$0
Investment Income
$119,232
Other Revenue
$12,750
All Other Contributions
$177,394
Change in Net Assets
$230,653

Audited Revenue Reconciliation

Revenue per Audited Statements
$561,696
Revenue Not Reported on Financial Statements
$4,682
Revenue Not Reported on Form 990
$667,165
Other Revenue Adjustments
$-239
Total Revenue per Audited Statements
$1,228,861
Total Revenue per Form 990
$566,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$201,203
Grants and Similar Amounts Paid$134,522
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$134,522--$134,522
Depreciation Depletion$83,534--$83,534
Travel$33,356--$33,356
Insurance$29,015$-2,786-$26,229
Advertising$14,254$622-$14,876
Fees for Services Accounting-$13,370-$13,370
Other Expenses$8,640$394-$8,640
Office Expenses$6,442$1,298-$7,740
Fees for Service Investment Mgmnt Fees-$4,921-$4,921
Conferences and Meetings$756$2,000-$2,756
Total Functional Expenses$315,906$19,819$0$335,725

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,013,376
Expenses Not Reported on Form 990$682,574
Total Expenses per Form 990$335,725
Expenses per Audited Statements$330,802
Expenses Not Reported on Financial Statements$4,923
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Oklahoma City County Health DepartmentOklahoma City, OK-Payment for Nurses$69,741
Tulsa City County Health DepartmentTulsa, OK-Payment for Nurses$57,404
Oklahoma Dental FoundationOklahoma City, OK-Payment for Nurses$3,208
Southern Plains Tribal Health BoardOklahoma City, OK-Payment for Nurses$1,792
Comanche County Health DepartmentLawton, OK-Payment for Nurses$1,266
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,750
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Champions of Health Conference$12,750$12,750-$12,750
Event 2-$0-$0
Total Events$12,750$12,750--
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Line 2 Family/business relationships amongst interested persons

Stephania Grober - Business relationship, Richard Kelly - Business relationship, J.T. Petherick - Business relationship, Joseph Cunningham - Business relationship, Brooke Townsend - Business relationship, Todd Hoffman, M.D. - Business relationship, Travis Johnson - Business relationship

Form 990, Part VI, Line 11B Review of form 990 by governing body

The Form 990 is reviewed by the Director of Corporate Tax of Health Care Service Corporation on the behalf of the Treasurer of Oklahoma Caring Foundation. The form is also reviewed and signed by the Treasurer of the Foundation.

Form 990, Part VI, Line 12C Conflict of interest policy

Annually, directors are required to complete a disclosure form regarding any conflict of interest. The Board is responsible for oversight of all disclosures or failures to disclose, and for taking appropriate action in the case of any conflict of interest transaction.

Form 990, Part VI, Line 19 Required documents available to the public

The Foundation makes available for public inspection its Form 990 and audited financial statements upon request and through www.givesmart.org. The board meeting minutes are available to the public upon request.

Form 990 - Part VI - Governance, Management and Disclosure Section A. Governing Body and Management

Ten members of the Board of Directors of the Oklahoma Caring Foundation are officers and/or employees of Health Care Service Corporation which is a substantial donor to the Foundation. All officers of the Foundation are officers and/or employees of Health Care Service Corporation.

Form 990 - Part VI - Governance, Management and Disclosure Section B. Policies

The Form 990 is reviewed by the Director of Corporate Tax of Health Care Service Corporation on the behalf of the Treasurer of Oklahoma Caring Foundation. The form is also reviewed and signed by the Treasurer of the Foundation.

Form 990 - Part VI - Governance, Management and Disclosure Section B. Policies

Annually, directors are required to complete a disclosure form regarding any conflict of interest. The Board is responsible for oversight of all disclosures or failures to disclose, and for taking appropriate action in the case of any conflict of interest transaction.

Form 990 - Part VI - Governance, Management and Disclosure Section B. Policies

The Oklahoma Caring Foundation does not compensate its officers or directors. The Foundation has no employees.

Form 990 - Part VI - Governance, Management and Disclosure Section C. Disclosure

The Foundation makes available for public inspection its Form 990 and audited financial statements upon request and through www.givesmart.org. The board meeting minutes are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Oklahoma Caring Foundation Inc
EIN
73-1470846
Phone
9727662747
Address
1001 E Lookout Drive A2203, Richardson, TX 75082

Signing Officer

Name
Mark Larson
Title
Treasurer
Signed
2020-11-12

Organization Details

Formed
1994
Legal Domicile
Ok
Voting Board Members
29
Independent Board Members
4
Employees
0
Volunteers
29
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D Other Program Services

The Foundation was donated the use of capital equipment, a facility, banking services and administrative services valued at $665,438 by Health Care Service Corporation, dba Blue Cross Blue Shield of Oklahoma. This in-kind donation allowed the Foundation to place nearly all of the donations it received to use in delivering immunizations and other health services as described in the program service accomplishments.

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

The Foundation's intended use of its endowment funds is to support the program expenses of the Foundation.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Foundation adopted the provisions of Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 740, Income Taxes, which requires recognition and disclosure of uncertain tax positions in the financial statements and notes. The Foundation believes it has no uncertain tax positions, and accordingly, it has not recognized any liability for unrecognized tax benefits.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Other Revenue on the Audited Financial Statement not 990 - 1727

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Other Revenue on the 990 not Audited Financial Statements - -239

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Other Expenses on the Audited Financial Statement not 990 - 17136

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IRS990/Desc0The Foundation's Care Van Program provided access to immunization screening and a full range of age appropriate immunizations medically underserved populations, primarily birth to age 18, in Oklahoma. Over the course of the year the Foundation held 920 Immunization Events using the Foundation's Mobile Care Vans. During these events immunization screenings were conducted on 22,889 children and 3,565 adults with 14,781 children and adults being administered 20,174 immunizations. Also, the Foundation conducted Body Mass Index screenings for 737 children, and 112 adult Blood Pressure screenings. Additionally, the Foundation undertook 534 Dental screenings.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Brooke Townsend
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Caring Foundation provided health and immunization education, as well as other health related services by collaborating with other health related organizations at community, regional or statewide events and having its own booths at such events. The Foundation participated in 577 awareness events throughout the state of Oklahoma.
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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.$3.41$0.08$3.33$0.59$0.36$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.07$3.10$0.62$0.30$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.85$0.07$2.78$0.27$0.29$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.06$2.80$0.47$0.27$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.06$2.62$0.49$0.27$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.45$0.06$2.39$0.57$0.34$0.23
2018Summary only. Only limited summary data is available for this year.$2.19$0.04$2.16$0.43$0.31$0.12
2017Summary only. Only limited summary data is available for this year.$2.13$0.09$2.03$0.46$0.41$0.05
2016Summary only. Only limited summary data is available for this year.$2.02$0.03$1.99$0.43$0.33$0.10
2015Summary only. Only limited summary data is available for this year.$1.95$0.07$1.89$0.43$0.27$0.15
2014Summary only. Only limited summary data is available for this year.$1.76$0.03$1.74$0.49$0.23$0.26
2013Summary only. Only limited summary data is available for this year.$1.49$0.02$1.47$0.43$0.18$0.26
2012Summary only. Only limited summary data is available for this year.$1.23$0.02$1.21$0.41$0.19$0.23
2011Summary only. Only limited summary data is available for this year.$1.00$0.02$0.99$0.63$0.14$0.49
2010Summary only. Only limited summary data is available for this year.$0.54$0.03$0.50$0.45$0.13$0.32