Civic Intelligence

Communmity Resources Real Estate Inc.

990 • Fiscal year 2021 • EIN 73-1608887

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

PO Box 1146Oklahoma City, OK 73101-1146

(405) 235-5603

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

3rd percentile

-83%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

97th percentile

$416,528

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 122.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-47%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,604,825

Down $283,572 (-15%) from 2020

Net Assets

Down

$1,604,825

Down $283,572 (-15%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$341,191

Down $307,034 (-47%) from 2020

Expenses

Down

$624,763

Down $99,872 (-14%) from 2020

Net Income

Down

-$283,572

Down $207,162 (-271%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,287,540Liabilities 2011: $0Net Assets 2011: $1,287,5402011Assets 2012: $1,688,670Liabilities 2012: $2,195Net Assets 2012: $1,686,4752012Assets 2013: $1,624,881Liabilities 2013: $2,195Net Assets 2013: $1,622,6862013Assets 2014: $1,594,261Liabilities 2014: $3,090Net Assets 2014: $1,591,1712014Assets 2015: $1,469,819Liabilities 2015: $4,751Net Assets 2015: $1,465,0682015Assets 2016: $1,652,249Liabilities 2016: $3,495Net Assets 2016: $1,648,7542016Assets 2017: $823,041Liabilities 2017: $1,274Net Assets 2017: $821,7672017Assets 2018: $938,272Liabilities 2018: $0Net Assets 2018: $938,2722018Assets 2019: $1,968,886Liabilities 2019: $60Net Assets 2019: $1,968,8262019Assets 2020: $1,888,397Liabilities 2020: $0Net Assets 2020: $1,888,3972020Assets 2021: $1,604,825Liabilities 2021: $0Net Assets 2021: $1,604,8252021Assets 2022: $1,680,992Liabilities 2022: $295Net Assets 2022: $1,680,6972022Assets 2023: $1,764,562Liabilities 2023: $0Net Assets 2023: $1,764,5622023Assets 2024: $1,622,807Liabilities 2024: $0Net Assets 2024: $1,622,8072024

Highlighted filing

2021

Assets$1,604,825
Liabilities$0
Net Assets$1,604,825

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $114,924Expenses 2011: $310,839Net Income 2011: -$195,9152011Revenue 2012: $415,158Expenses 2012: $1,537Net Income 2012: $413,6212012Revenue 2013: $28,655Expenses 2013: $102,399Net Income 2013: -$73,7442013Revenue 2014: $35,281Expenses 2014: $70,779Net Income 2014: -$35,4982014Revenue 2015: $166,836Expenses 2015: $293,254Net Income 2015: -$126,4182015Revenue 2016: $884,937Expenses 2016: $701,695Net Income 2016: $183,2422016Revenue 2017: -$7,311Expenses 2017: $681,060Net Income 2017: -$688,3712017Revenue 2018: $518,059Expenses 2018: $390,477Net Income 2018: $127,5822018Revenue 2019: $1,730,041Expenses 2019: $699,598Net Income 2019: $1,030,4432019Revenue 2020: $648,225Expenses 2020: $724,635Net Income 2020: -$76,4102020Revenue 2021: $341,191Expenses 2021: $624,763Net Income 2021: -$283,5722021Revenue 2022: $683,953Expenses 2022: $641,218Net Income 2022: $42,7352022Revenue 2023: $887,189Expenses 2023: $797,204Net Income 2023: $89,9852023Revenue 2024: -$2,229Expenses 2024: $137,992Net Income 2024: -$140,2212024

Highlighted filing

2021

Revenue$341,191
Expenses$624,763
Net Income-$283,572
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$609,166
Mission and Program Overview

Mission

Support the Oklahoma City Community Foundation, Inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,868,861$1,600,886▼ $267,975
Cash and Non-Interest-Bearing Accounts$3,189$3,939▲ $750
Total Assets$1,888,397$1,604,825▼ $283,572
Other Assets Total$16,347--
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,888,397$1,604,825▼ $283,572
Total Net Assets Fund Balance$1,888,397$1,604,825▼ $283,572
Total Liabilities and Net Assets / Fund Balance$1,888,397$1,604,825▼ $283,572

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1--
Land$1,600,885--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,888,397$243,870▲ $97,321$31,794$1,604,825
2019$1,968,826$744,362▼ $100,156$19,371$1,888,397
2018$938,272$1,845,989▼ $115,837-$1,968,826
2017$821,767$797,223▼ $290,240-$938,272
2016$1,648,754$554,919▼ $700,846-$821,767
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven DavisVice President
Joel SchwartzDirector of IT
Elizabeth EickmanDirector of Kirkpatrick Fam Fnd
Brian J DoughertyDirector of MAB Trust
Helen StoneDirector Strategic Operations
Cathy LippardController
Nancy B AnthonySecy/Treasuer
Rhonda GodwinVice Pres Administration
Joe CarterVice Pres Development
Revenue and Support

Revenue Composition

Contributions and Grants
$243,870
Program Service Revenue
$0
Investment Income
$95,321
Other Revenue
$2,000
All Other Contributions
$225,000
Change in Net Assets
$-283,572

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$225,000Fair Market Value (FMV)
Total Noncash Contributions1$225,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$586,709
Other Expenses$38,054
Total Fundraising Expense$46
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$586,709--$586,709
Insurance-$16,347-$16,347
Other Expenses-$974-$974
Fees for Services Management-$404$46$450
Fees for Services Legal-$234-$234
Total Functional Expenses$586,709$38,008$46$624,763
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
OKC Community Foundation IncOklahoma City, OK501(c)(3)general purposes$586,709
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Oklahoma City Community Foundation is the sole member of the filing organization.

Form 990, Part VI, Section A, line 7A

Oklahoma City Community Foundation is the sole member of the filing organization. (entered under page 8 Governing Body and Management)

Form 990, Part VI, Section B, line 11B

The return is prepared and reviewed by the staff of the Oklahoma City Community Foundatin, the supported organization. The return is e-mailed to all trusteess prior to filing for review.

Form 990, Part VI, Section B, line 12C

Conflict of interest policy is distributed, discussed and signed by each trustee at the annual trustee meeting.

Form 990, Part VI, Section B, line 15

While this organization doesn't follow this process since it doesn't have any direct employees, the Oklahoma City Community Foundation, which has an economic interest and controls the supporting organization's Board of Trustees, does follow this process for its personnel.

Form 990, Part VI, Section C, line 18

The organization's books and records are available for inpsection at the Oklahoma City Community Foundation, Inc. 1000 N. Broadway Ave. Oklahoma City, OK 73102

Form 990, Part VI, Section C, line 19

Governing documents, conflicts of interest policy and financial statements are all available upon request.

Part VII, Section A

This affiliated fund did not have any direct employees. However, the fund is a supporting organization of the Oklahoma City Community Foundation. As such, salaries for key employees and highly compensated employees of the Oklahoma City Community Foundation are listed for full disclosure purposes.

Filing and Contact Details

Filer

Filer Name
Community Resources Real Estate
EIN
73-1608887
Phone
4052355603
Address
PO Box 1146, Oklahoma City, OK 73101-1146

Signing Officer

Name
Nancy B Anthony
Title
Secretary/Treasurer
Phone
4052355603
Signed
2022-05-10

Organization Details

Principal Officer
Nancy B Anthony
Formed
2000
Legal Domicile
Ok
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Oklahoma City Community Foundation Inc
Address
1000 N Broadway Ave, Oklahoma City, OK 73102
Phone
4052355603
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The Foundation has an Audit Committee which assumes responsibility for oversight of the audit, and review of the financial statement and selection of independent auditors. This has not changed from prior years.

Financial Statement Notes

Part X, Line 2:

Oklahoma City Community Foundation and its supporting organizations are tax-exempt organizations and are not subject to federal or state income taxes, except on unrelated business income, in accordance with section 501(a) of the Internal Revenue Code (the Code), and have been determined not to be a private foundation under section 509(a) of the Code. The limited liability companies are pass-through entities for tax purposes. Unrelated business ncome tax, if any, is immaterial and no tax provision has been made in the accompanying consolidated financial statements. The ASC provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing OCCF and its supporting organizations' tax returns to determine whether the tax positions are more-likely-than-not of being sustained when challenged or when examined by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense and liability in the current year. Management has determined that there are no material uncertain income tax positions.

Part V, Line 4

Endowment is used to support the charitable activities of the Oklahoma City Community Foundation, Inc., the supported organization

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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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IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0586709
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0OKC Community Foundation Inc
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IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01600885
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Oklahoma City Community Foundation and its supporting organizations are tax-exempt organizations and are not subject to federal or state income taxes, except on unrelated business income, in accordance with section 501(a) of the Internal Revenue Code (the Code), and have been determined not to be a private foundation under section 509(a) of the Code. The limited liability companies are pass-through entities for tax purposes. Unrelated business ncome tax, if any, is immaterial and no tax provision has been made in the accompanying consolidated financial statements. The ASC provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing OCCF and its supporting organizations' tax returns to determine whether the tax positions are more-likely-than-not of being sustained when challenged or when examined by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense and liability in the current year. Management has determined that there are no material uncertain income tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Endowment is used to support the charitable activities of the Oklahoma City Community Foundation, Inc., the supported organization
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01600886
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0586709
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0general purposes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OKC Community Foundation Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0237024262
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01000 N Broadway Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Oklahoma City
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073102
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization's due diligence procedures prior to grant disbursement include: 1) ensure that grants do not provide benefits to any donor or other disqualified person and do not result in private inurement to any person or corporation. 2) Collect IRS letter documenting 501(c)(3) public charity status, current board of director listing, current financial information and current program information or description. 3) verification of status in IRS Pub 78 through www.guidestar.com 4) confirm that grants are not made to individuals or for the benefit of a specific individual, for reimbursement purposes or for non-charitable purposes.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount70
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt70
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1193170
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4160699
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6137521
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt60

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.00$1.62$0.00$0.14$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.00$1.76$0.89$0.80$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$0.68$0.64$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.34$0.62$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.65$0.72$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$1.73$0.70$1.03
2018Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.52$0.39$0.13
2017Summary only. Only limited summary data is available for this year.$0.82$0.00$0.82$0.01$0.68$0.69
2016Summary only. Only limited summary data is available for this year.$1.65$0.00$1.65$0.88$0.70$0.18
2015Summary only. Only limited summary data is available for this year.$1.47$0.00$1.47$0.17$0.29$0.13
2014Summary only. Only limited summary data is available for this year.$1.59$0.00$1.59$0.04$0.07$0.04
2013Summary only. Only limited summary data is available for this year.$1.62$0.00$1.62$0.03$0.10$0.07
2012Summary only. Only limited summary data is available for this year.$1.69$0.00$1.69$0.42$0.00$0.41
2011Summary only. Only limited summary data is available for this year.$1.29$0.00$1.29$0.11$0.31$0.20