Civic Intelligence

Golconda Foundation Inc.

990 • Fiscal year 2016 • EIN 73-1552729

Jan 01, 2016 to Dec 31, 2016 • Filed on May 14, 2017

10025 N Indian Meridian RoadJones, OK 73049

(405) 640-2332

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

61st percentile

$41,250

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

2nd percentile

-66%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

22nd percentile

-14%

Faster revenue growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$39,196

Down $75,587 (-66%) from 2015

Net Assets

Down

$39,196

Down $75,587 (-66%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$677,516

Down $107,012 (-14%) from 2015

Expenses

Up

$753,103

Up $6,568 (+0.9%) from 2015

Net Income

Down

-$75,587

Down $113,580 (-299%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $109,130Liabilities 2010: $0Net Assets 2010: $109,1302010Assets 2011: $90,365Liabilities 2011: $0Net Assets 2011: $90,3652011Assets 2012: $105,436Liabilities 2012: $0Net Assets 2012: $105,4362012Assets 2013: $131,426Liabilities 2013: $0Net Assets 2013: $131,4262013Assets 2014: $76,790Liabilities 2014: $0Net Assets 2014: $76,7902014Assets 2015: $114,783Liabilities 2015: $0Net Assets 2015: $114,7832015Assets 2016: $39,196Liabilities 2016: $0Net Assets 2016: $39,1962016Assets 2017: $57,001Liabilities 2017: $0Net Assets 2017: $57,0012017Assets 2018: $54,914Liabilities 2018: $0Net Assets 2018: $54,9142018Assets 2019: $137,088Liabilities 2019: $0Net Assets 2019: $137,0882019Assets 2020: $342,331Liabilities 2020: $0Net Assets 2020: $342,3312020Assets 2021: $495,570Liabilities 2021: $0Net Assets 2021: $495,5702021Assets 2022: $314,304Liabilities 2022: $0Net Assets 2022: $314,3042022Assets 2023: $69,745Liabilities 2023: $0Net Assets 2023: $69,7452023Assets 2024: $42,472Liabilities 2024: $0Net Assets 2024: $42,4722024

Highlighted filing

2016

Assets$39,196
Liabilities$0
Net Assets$39,196

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $747,2902010Expenses 2011: $613,7992011Expenses 2012: $592,8492012Revenue 2013: $892,884Expenses 2013: $866,894Net Income 2013: $25,9902013Revenue 2014: $701,742Expenses 2014: $756,378Net Income 2014: -$54,6362014Revenue 2015: $784,528Expenses 2015: $746,535Net Income 2015: $37,9932015Revenue 2016: $677,516Expenses 2016: $753,103Net Income 2016: -$75,5872016Revenue 2017: $622,093Expenses 2017: $604,288Net Income 2017: $17,8052017Revenue 2018: $697,417Expenses 2018: $699,504Net Income 2018: -$2,0872018Revenue 2019: $743,098Expenses 2019: $660,924Net Income 2019: $82,1742019Revenue 2020: $959,123Expenses 2020: $753,880Net Income 2020: $205,2432020Revenue 2021: $1,213,995Expenses 2021: $675,857Net Income 2021: $538,1382021Revenue 2022: $756,156Expenses 2022: $937,422Net Income 2022: -$181,2662022Revenue 2023: $130,533Expenses 2023: $88,642Net Income 2023: $41,8912023Revenue 2024: $63,611Expenses 2024: $85,103Net Income 2024: -$21,4922024

Highlighted filing

2016

Revenue$677,516
Expenses$753,103
Net Income-$75,587
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 14, 2017
Return Version
2016v3.0
Gross Receipts
$677,516
Mission and Program Overview

Mission

To provide educational scholarships and to help fund other worthy causes as deemed appropriate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$114,783$39,196▼ $75,587
Land, Buildings, and Equipment, Net$38,152$38,152→ $0
Cash and Non-Interest-Bearing Accounts$76,631$1,044▼ $75,587
Total Assets$114,783$39,196▼ $75,587
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$114,783$39,196▼ $75,587
Total Liabilities and Net Assets / Fund Balance$114,783$39,196▼ $75,587

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,152-$38,152
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David C BoldingPresidentPT$41,250$41,250

Board Members and Trustees

NameTitle
Bryon ChattertonVice President
Ursula Skuta-BoldingSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$677,514
Change in Net Assets
$-75,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$673,465
Other Expenses$581,569
Professional Fundraising Fees$140,000
Grants and Similar Amounts Paid$31,534
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy--$530,000$530,000
Fees for Services Professional Fundraising--$140,000$140,000
Fees for Services Accounting-$34,750-$34,750
Grants to Domestic Orgs$31,534--$31,534
Fees for Services Management-$9,000-$9,000
Insurance-$3,427-$3,427
Office Expenses-$287-$287
Other Expenses-$640$-551$-551
Total Functional Expenses$31,534$48,104$673,465$753,103
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various other entities--various donations to worthy causes$5,184
Latino Community Development AgencyOklahoma City, OK501c3Scholarships for Latino HS Students$5,000
OSU FoundationStillwater, OK501c3Foreign language scholarships$5,000
University of Notre DameNotre Dame, IN501c3Scholarships$5,000
Holiday for KidsOklahoma City, OK501c3aid to kids whose parents are in prison$3,000
Pass It Along IncOklahoma City, OK501c3Drug rehabilitation entity$3,000
Center of Family LoveOkarche, OK501c3Home for developmentally handicapped$2,850
Mount Saint Marys High SchoolOklahoma City, OK-Building Fund$2,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$677,514
Professional Fundraising Fees$140,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cons Rev$677,514$677,514-$677,514
Total Events$677,514$677,514-$677,514
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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

Officer directors etc family relationship Part VI line 2

D. Chris Bolding and Ursula Skuta-Bolding are husband and wife.

Members or stockholder classes and rights Part VI line 6

The organization has officers and directors elected by members.

Member election for additional members Part VI line 7A

The organizations members elect directors and officers at an annual meeting to be held the first Monday of June each year.

Form 990 governing body review Part VI line 11

The Form 990 is prepared by the President and reviewed at the annual meeting if desired by the members.

Conflict of interest policy compliance Part VI line 12C

There is a conflict of interest document that is signed by the members.

Governing documents etc available to public Part VI line 19

Our Form 990 is always open to the public through Guidestar. We do not provide financial information per se since it is already incorporatedinto in the body of the Form 990.

Filing and Contact Details

Filer

Filer Name
Golconda Foundation Inc
EIN
73-1552729
Address
10025 N Indian Meridian Road, Jones, OK 73049

Signing Officer

Name
David C Bolding
Title
President
Phone
4056402332
Signed
2017-05-14
Discuss with paid preparer
No

Organization Details

Principal Officer
David C Bolding
Formed
1996
Legal Domicile
Ok
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
D Chris Bolding CPA
Address
10025 N INDIAN MERIDIAN ROAD, Jones, OK 73049
Preparer
D Chris Bolding CPA
Phone
4056402332
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IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0Funding Consultants LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0140000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0PO Box 100967
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Fort Worth
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd0761850967
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Cons Rev
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0677514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0677514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0677514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0677514
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0677514
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0677514
IRS990ScheduleG/TotalNetToOrganizationAmt0537514
IRS990ScheduleG/TotalRetainedByContractorsAmt0140000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt02850
IRS990ScheduleI/RecipientTable/CashGrantAmt13000
IRS990ScheduleI/RecipientTable/CashGrantAmt25000
IRS990ScheduleI/RecipientTable/CashGrantAmt35000
IRS990ScheduleI/RecipientTable/CashGrantAmt43000
IRS990ScheduleI/RecipientTable/CashGrantAmt55000
IRS990ScheduleI/RecipientTable/CashGrantAmt62500
IRS990ScheduleI/RecipientTable/CashGrantAmt75184
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Home for developmentally handicapped
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1aid to kids whose parents are in prison
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Scholarships for Latino HS Students
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Foreign language scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Drug rehabilitation entity
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Building Fund
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7various donations to worthy causes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Center of Family Love
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Holiday for Kids
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Latino Community Development Agency
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3OSU Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Pass It Along Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5University of Notre Dame
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Mount Saint Marys High School
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Various other entities
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0635 Texas Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11705 NW 38th Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2420 SW 10th Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3400 S Monroe
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO Box 96373
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51100 Grace Hall
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt62801 S Shartel Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Okarche
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Oklahoma City
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Oklahoma City
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Stillwater
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Oklahoma City
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Notre Dame
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Oklahoma City
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5IN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073762
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd173118
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd273109
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd374074
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd473143
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd546556
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd673109
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc2Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc3Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc4Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc5Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc6Cash
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc7Cash
IRS990ScheduleI/Total501c3OrgCnt06
IRS990ScheduleI/TotalOtherOrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0D. Chris Bolding and Ursula Skuta-Bolding are husband and wife.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has officers and directors elected by members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organizations members elect directors and officers at an annual meeting to be held the first Monday of June each year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Form 990 is prepared by the President and reviewed at the annual meeting if desired by the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There is a conflict of interest document that is signed by the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Our Form 990 is always open to the public through Guidestar. We do not provide financial information per se since it is already incorporatedinto in the body of the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0114783
IRS990/TotalAssetsEOYAmt039196
IRS990/TotalAssetsGrp/BOYAmt0114783
IRS990/TotalAssetsGrp/EOYAmt039196
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0673465
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048104
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt031534
IRS990/TotalFunctionalExpensesGrp/TotalAmt0753103
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0114783
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt039196
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt016350
IRS990/TotalOtherProgSrvcGrantAmt016350
IRS990/TotalProgramServiceExpensesAmt031534
IRS990/TotalReportableCompFromOrgAmt041250
IRS990/TotalRevenueGrp/ExclusionAmt0677514
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0677516
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0114783
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt039196
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.06$0.09$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.13$0.09$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.76$0.94$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$1.21$0.68$0.54
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.96$0.75$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.74$0.66$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.70$0.70$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.62$0.60$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.68$0.75$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.78$0.75$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.70$0.76$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.89$0.87$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.75