Civic Intelligence

Cvec Foundation Inc

EIN 73-1553974 • 501(c)3 • Seminole, OK

Profile

Distribute charitable donations primarily to the canadian valley service area.

11277 N Hwy 99Seminole, OK 74868

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.08x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

81st percentile

29%

Higher net margin than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

76th percentile

19%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

4.7%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$305,378

Up $47,974 (+19%) from 2021

Liabilities

Up

$24,228

Up $14,747 (+156%) from 2021

Net Assets

Up

$281,150

Up $33,227 (+13%) from 2021

Operations
Liabilities / Revenue87th percentileNet Margin81st percentile

Revenue

Up

$113,965

Up $5,148 (+4.7%) from 2021

Expenses

Up

$80,738

Up $24,258 (+43%) from 2021

Net Income

Down

$33,227

Down $19,110 (-37%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth76th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $148,356Liabilities 2011: $1,8042011Assets 2012: $185,199Liabilities 2012: $5,3512012Assets 2013: $195,543Liabilities 2013: $17,3402013Assets 2014: $206,057Liabilities 2014: $4,7092014Assets 2015: $236,247Liabilities 2015: $10,2672015Assets 2016: $230,544Liabilities 2016: $19,7292016Assets 2017: $241,666Liabilities 2017: $10,660Net Assets 2017: $231,0062017Assets 2018: $225,957Liabilities 2018: $20,744Net Assets 2018: $205,2132018Assets 2019: $183,856Liabilities 2019: $15,226Net Assets 2019: $168,6302019Assets 2020: $216,046Liabilities 2020: $20,460Net Assets 2020: $195,5862020Assets 2021: $257,404Liabilities 2021: $9,481Net Assets 2021: $247,9232021Assets 2022: $305,378Liabilities 2022: $24,228Net Assets 2022: $281,1502022

Highlighted filing

2022

Assets$305,378
Liabilities$24,228
Net Assets$281,150
Open 2022 Filing

Operations Trend

Revenue Growth58th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $90,749Expenses 2011: $82,577Net Income 2011: $8,1722011Revenue 2012: $93,811Expenses 2012: $60,515Net Income 2012: $33,2962012Revenue 2013: $145,687Expenses 2013: $147,332Net Income 2013: -$1,6452013Revenue 2014: $98,456Expenses 2014: $75,311Net Income 2014: $23,1452014Revenue 2015: $97,467Expenses 2015: $72,835Net Income 2015: $24,6322015Revenue 2016: $99,600Expenses 2016: $114,765Net Income 2016: -$15,1652016Revenue 2017: $100,475Expenses 2017: $80,284Net Income 2017: $20,1912017Revenue 2018: $102,902Expenses 2018: $128,695Net Income 2018: -$25,7932018Revenue 2019: $104,400Expenses 2019: $140,983Net Income 2019: -$36,5832019Revenue 2020: $105,493Expenses 2020: $78,537Net Income 2020: $26,9562020Revenue 2021: $108,817Expenses 2021: $56,480Net Income 2021: $52,3372021Revenue 2022: $113,965Expenses 2022: $80,738Net Income 2022: $33,2272022

Highlighted filing

2022

Revenue$113,965
Expenses$80,738
Net Income$33,227
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$305,378
Liabilities
$24,228
Net assets
$281,150
Revenue
$113,965
Expenses
$80,738
Net income
$33,227
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$3.05$0.24$2.81$1.14$0.81$0.33
2021Detailed filing. Detailed filing data is available for this year.$2.57$0.09$2.48$1.09$0.56$0.52
2020Detailed filing. Detailed filing data is available for this year.$2.16$0.20$1.96$1.05$0.79$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.84$0.15$1.69$1.04$1.41$0.37
2018Detailed filing. Detailed filing data is available for this year.$2.26$0.21$2.05$1.03$1.29$0.26
2017Detailed filing. Detailed filing data is available for this year.$2.42$0.11$2.31$1.00$0.80$0.20
2016Summary only. Only limited summary data is available for this year.$2.31$0.20$1.00$1.15$0.15
2015Summary only. Only limited summary data is available for this year.$2.36$0.10$0.97$0.73$0.25
2014Summary only. Only limited summary data is available for this year.$2.06$0.05$0.98$0.75$0.23
2013Summary only. Only limited summary data is available for this year.$1.96$0.17$1.46$1.47$0.02
2012Summary only. Only limited summary data is available for this year.$1.85$0.05$0.94$0.61$0.33
2011Summary only. Only limited summary data is available for this year.$1.48$0.02$0.91$0.83$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 30, 2023
Return Version
2022v5.0
Gross Receipts
$113,965
Mission and Program Overview

Mission

Distribute charitable donations primarily to the canadian valley service area.

See Schedule 0

Program Services

DescriptionGrantsExpenses
Disbursement of funds provided primarily by the CVEC Roundup Program for both personal and community benevolent needs.$0$76,920
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dian DawsonPresident-$0--
Tom MiklesVice President-$0--
Shirley BorenSecretary-$0--
Mike MatlockTreasurer-$0--
Larry SpoonemoreMember-$0--
Elizabeth GuyMember-$0--
Benny FloydMember-$0--
Gene WilcoxMember-$0--
Filing and Contact Details

Filer

Filer Name
Cvec Foundation Inc
EIN
73-1553974
Phone
4052301413
Address
11277 N Hwy 99, Seminole, OK 74868

Signing Officer

Name
Jamie Scott
Title
Manager of Finanace
Phone
4052301413
Signed
2023-06-30
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Appliances;2946|Board Members Travel;618|Dental Work;3748|Dentures;1700|Eyeglasses;1572|Funeral Expenses;8061|Insurance;892|Medical Services and Supplies;5500|Volunteer Mileage;3500|Mortgage and Loan Payments;7328|Propane;1143|Rent;5600|Repairs and Maintenance;15766|Rural Fire Associations;15858|Telephone Expense;828|Vehicle Payments;830|Vehicle Repairs;1648^Total;77538^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Accounts Receivable;9462^Total;9462^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Accounts Payable and Accrued Expenses;24228^Total;24228^”

Raw XML Appendix202 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Appliances;2946|Board Members Travel;618|Dental Work;3748|Dentures;1700|Eyeglasses;1572|Funeral Expenses;8061|Insurance;892|Medical Services and Supplies;5500|Volunteer Mileage;3500|Mortgage and Loan Payments;7328|Propane;1143|Rent;5600|Repairs and Maintenance;15766|Rural Fire Associations;15858|Telephone Expense;828|Vehicle Payments;830|Vehicle Repairs;1648^Total;77538^
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ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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