Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.04x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Up$257,404
Up $41,358 (+19%) from 2020
Net Assets
Up$247,923
Up $52,337 (+27%) from 2020
Liabilities
Down$9,481
Down $10,979 (-54%) from 2020
Revenue And Expenses
Revenue
Up$108,817
Up $3,324 (+3.2%) from 2020
Expenses
Down$56,480
Down $22,057 (-28%) from 2020
Net Income
Up$52,337
Up $25,381 (+94%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Jun 17, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $108,817
Mission and Program Overview
Mission
Distribute charitable donations primarily to the canadian valley service area.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DISBURSEMENT OF FUNDS PROVIDED PRIMARILY BY THE CVEC ROUND UP PROGRAM FOR BOTH PERSONAL AND COMMUNITY BENEVOLENT NEEDS. | - | $52,212 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DIAN DAWSON | President | - | $0 | - | - |
| TOM MIKLES | Vice-Preside | - | $0 | - | - |
| SHIRLEY BOREN | Secretary | - | $0 | - | - |
| MIKE MATLOCK | Treasurer | - | $0 | - | - |
| LARRY SPOONEMORE | Member | - | $0 | - | - |
| ELIZABETH GUY | Member | - | $0 | - | - |
| BENNY FLOYD | Member | - | $0 | - | - |
| GENE WILCOX | Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Cvec Foundation Inc
- EIN
- 73-1553974
- Phone
- 4052734680
- Address
- 11277 N HWY 99, SEMINOLE, OK 74868
Signing Officer
- Name
- Dian Dawson
- Title
- President
- Phone
- 4052734680
- Signed
- 2022-06-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Gibson & Reynolds Pc
- Address
- PO BOX 549, SHAWNEE, OK 74802-0549
- Preparer
- Clinton C Parker CPA
- Phone
- 4052755110
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses board members' travel 1,368 community improvement 5,000 computer equipment 1,080 dental work 2,404 dentures -2,300 eyeglasses 590 funeral 25,393 health insurance 619 heat and air unit -3,000 insurance 1,193 medical supplies -285 medical services 1,270 plumbing services 274 propane 1,000 rent 5,481 repairs and maintenance 785 rural fire assoc 8,553 telephone expenses 584 utilities 600 vehicle repair and maint 2,923 water bill 48 total 53,580”
Form 990-ez, Part II, Line 24
“Accounts receivable 8,866 9,150 total 8,866 9,150”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 20,460 9,481”
Form 990-ez, Part III
“Distribute charitable donations primarily to the canadian valley service area.”
Raw XML Appendix169 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CVEC FOUNDATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4053823680 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 751 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SEMINOLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OK |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 74818 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 207180 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 248254 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 107650 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 52337 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2900 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 216046 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 257404 |
| IRS990EZ/GrossReceiptsAmt | 0 | 108817 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1167 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 195586 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 247923 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 195586 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 247923 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DIAN DAWSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TOM MIKLES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SHIRLEY BOREN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MIKE MATLOCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | LARRY SPOONEMORE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | ELIZABETH GUY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BENNY FLOYD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | GENE WILCOX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 8866 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 9150 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 53580 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | DISTRIBUTE CHARITABLE DONATIONS PRIMARILY TO THE CANADIAN VALLEY SERVICE AREA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DISBURSEMENT OF FUNDS PROVIDED PRIMARILY BY THE CVEC ROUND UP PROGRAM FOR BOTH PERSONAL AND COMMUNITY BENEVOLENT NEEDS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 52212 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | OK |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 20460 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 9481 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 56480 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 52212 |
| IRS990EZ/TotalRevenueAmt | 0 | 108817 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 107650 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 103826 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102517 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 101364 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 99477 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 514834 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 1167 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1667 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1883 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1538 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 998 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 7253 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 1167 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 1667 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1883 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1538 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 998 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 7253 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.01000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98610 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.98710 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 514834 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 107650 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 103826 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102517 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 101364 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 99477 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 514834 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 108817 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 105493 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 104400 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 102902 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 100475 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 522087 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES BOARD MEMBERS' TRAVEL 1,368 COMMUNITY IMPROVEMENT 5,000 COMPUTER EQUIPMENT 1,080 DENTAL WORK 2,404 DENTURES -2,300 EYEGLASSES 590 FUNERAL 25,393 HEALTH INSURANCE 619 HEAT AND AIR UNIT -3,000 INSURANCE 1,193 MEDICAL SUPPLIES -285 MEDICAL SERVICES 1,270 PLUMBING SERVICES 274 PROPANE 1,000 RENT 5,481 REPAIRS AND MAINTENANCE 785 RURAL FIRE ASSOC 8,553 TELEPHONE EXPENSES 584 UTILITIES 600 VEHICLE REPAIR AND MAINT 2,923 WATER BILL 48 TOTAL 53,580 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 8,866 9,150 TOTAL 8,866 9,150 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 20,460 9,481 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DISTRIBUTE CHARITABLE DONATIONS PRIMARILY TO THE CANADIAN VALLEY SERVICE AREA. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DIAN DAWSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4052734680 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-06-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CVEC FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CVEC |
| ReturnHeader/Filer/EIN | 0 | 731553974 |
| ReturnHeader/Filer/PhoneNum | 0 | 4052734680 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 11277 N HWY 99 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SEMINOLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 74868 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 731438321 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GIBSON & REYNOLDS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 549 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SHAWNEE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 748020549 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4052755110 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-08-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CLINTON C PARKER CPA |
| ReturnHeader/ReturnTs | 0 | 2022-08-18T16:48:54-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | DIAN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | DAWSON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $257,404
- Liabilities
- $9,481
- Net assets
- $247,923
- Revenue
- $108,817
- Expenses
- $56,480
- Net income
- $52,337