Civic Intelligence

Central Oklahoma Clearing House

EIN 73-6104144 • 501(c)6 • Kansas City, MO

Profile

Our purpose is to promote sound banking principles in the oklahoma city metropolitan area, establish rules and regulations to facilitate the interchange of business among its members and the settlement of the balances resulting from such exhanges and to cooperate with nonprofit organizations in the oklahoma city area for the benefit of the city and the staet of oklahoma. We will also provide an annual salary survey to our members and arrange for and organize meetings for our members and member organizations for the purpose of education, operating procedures and personnel training of member employees.

3100 Broadway Blvd 555Kansas City, MO 64111

epcor.org/COCHA

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

67th percentile

9.4%

Higher net margin than 67% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

98th percentile

250%

Faster asset growth than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

44th percentile

-3.6%

Faster revenue growth than 44% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$6,756

Up $4,823 (+250%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$6,756

Up $4,823 (+250%) from 2020

Revenue

Down

$51,470

Down $1,915 (-3.6%) from 2020

Expenses

Down

$46,648

Down $8,691 (-16%) from 2020

Net Income

Up

$4,822

Up $6,776 (+347%) from 2020

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $263,653Liabilities 2010: $6,653Net Assets 2010: $257,0002010Assets 2011: $180,325Liabilities 2011: $8,429Net Assets 2011: $171,8962011Assets 2012: $176,149Liabilities 2012: $28,320Net Assets 2012: $147,8292012Assets 2013: $163,205Liabilities 2013: $24,628Net Assets 2013: $138,5772013Assets 2014: $149,072Liabilities 2014: $46,911Net Assets 2014: $102,1612014Assets 2015: $87,865Liabilities 2015: $15,044Net Assets 2015: $72,8212015Assets 2016: $123,813Liabilities 2016: $96,381Net Assets 2016: $27,4322016Assets 2017: $40,698Liabilities 2017: $26,069Net Assets 2017: $14,6292017Assets 2018: $55,799Liabilities 2018: $35Net Assets 2018: $55,7642018Assets 2019: $33,887Liabilities 2019: $30,000Net Assets 2019: $3,8872019Assets 2020: $1,933Liabilities 2020: $0Net Assets 2020: $1,9332020Assets 2021: $6,756Liabilities 2021: $0Net Assets 2021: $6,7562021

Highlighted filing

2021

Assets$6,756
Liabilities$0
Net Assets$6,756

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $669,2882010Expenses 2011: $629,9612011Expenses 2012: $588,5332012Revenue 2013: $558,612Expenses 2013: $567,864Net Income 2013: -$9,2522013Revenue 2014: $627,085Expenses 2014: $663,501Net Income 2014: -$36,4162014Revenue 2015: $643,927Expenses 2015: $673,267Net Income 2015: -$29,3402015Revenue 2016: $685,455Expenses 2016: $730,844Net Income 2016: -$45,3892016Revenue 2017: $627,732Expenses 2017: $640,535Net Income 2017: -$12,8032017Revenue 2018: $642,669Expenses 2018: $601,534Net Income 2018: $41,1352018Revenue 2019: $585,219Expenses 2019: $637,096Net Income 2019: -$51,8772019Revenue 2020: $53,385Expenses 2020: $55,339Net Income 2020: -$1,9542020Revenue 2021: $51,470Expenses 2021: $46,648Net Income 2021: $4,8222021

Highlighted filing

2021

Revenue$51,470
Expenses$46,648
Net Income$4,822

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$51,470
Mission and Program Overview

Mission

Our purpose is to promote sound banking principles in the oklahoma city metropolitan area, establish rules and regulations to facilitate the interchange of business among its members and the settlement of the balances resulting from such exchanges and to cooperate with nonprofit organizations in the oklahoma city area for the benefit of the city and the state of oklahoma. We will also provide an annual salary survey to our members and arrange for and organize meetings for our members and member organizations for the purpose of education, operating procedures and personnel training of member employees.

Our purpose is to promote sound banking principles in the oklahoma city metropolitan area, establish rules and regulations to facilitate the interchange of business among its members and the settlement of the balances resulting from such exhanges and to cooperate with nonprofit organizations in the oklahoma city area for the benefit of the city and the state of oklahoma. We will also provide an annual salary survey to our members and arrange for and organize meetings for our members and member organizations for the purpose of education, operating procedures and personnel training of member employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,933$6,756▲ $4,823
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,933$6,756▲ $4,823
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,933$6,756▲ $4,823
Total Net Assets Fund Balance$1,933$6,756▲ $4,823
Total Liabilities and Net Assets / Fund Balance$1,933$6,756▲ $4,823

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$31,875$31,875
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael DebroeckPresident
Tristan ThompsonDirector
Lance WorshamSecretary
Paula BarringtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$51,470
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$4,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$35,100
Information Technology---$6,650
Other Expenses---$528
Total Functional Expenses$0$0$0$46,648
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The return is prepared by an independent third party certified public accounting firm. A copy of the completed return is provided to all board members for their review prior to filing the return.

Form 990, Part VI, Section C, Line 19

These documents are availalbe upon request.

Filing and Contact Details

Filer

Filer Name
Central Oklahoma Clearing
EIN
73-6104144
Phone
8165957642
Address
3100 BROADWAY BLVD 555, KANSAS CITY, MO 64111

Signing Officer

Name
Michael Debroeck
Title
President
Phone
8165957642
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Debroeck
Formed
1986
Legal Domicile
Ok
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Bergankdv LLC
Address
10401 HOLMES AVE STE 400, KANSAS CITY, MO 64131
Preparer
Rachel a Cruz CPA
Phone
8165259699
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING ADJUSTMENT 1.

Raw XML Appendix272 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OUR PURPOSE IS TO PROMOTE SOUND BANKING PRINCIPLES IN THE OKLAHOMA CITY METROPOLITAN AREA, ESTABLISH RULES AND REGULATIONS TO FACILITATE THE INTERCHANGE OF BUSINESS AMONG ITS MEMBERS AND THE SETTLEMENT OF THE BALANCES RESULTING FROM SUCH EXHANGES AND TO COOPERATE WITH NONPROFIT ORGANIZATIONS IN THE OKLAHOMA CITY AREA FOR THE BENEFIT OF THE CITY AND THE STATE OF OKLAHOMA. WE WILL ALSO PROVIDE AN ANNUAL SALARY SURVEY TO OUR MEMBERS AND ARRANGE FOR AND ORGANIZE MEETINGS FOR OUR MEMBERS AND MEMBER ORGANIZATIONS FOR THE PURPOSE OF EDUCATION, OPERATING PROCEDURES AND PERSONNEL TRAINING OF MEMBER EMPLOYEES.
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IRS990/Desc0THE MAIN ACCOMPLISHMENTS OF THE ORGANIZATION ARE: [1] PROMOTE SOUND BANKING PRINCIPLES IN THE OKLAHOMA CITY METROPOLITAN AREA, [2]ESTABLISH RULES AND REGULATIONS TO FACILITATE THE INTERCHANGE OF BUSINESS AMONG ITS MEMBERS AND THE SETTLEMENT OF THE BALANCES RESULTING FROM SUCH EXHANGES AND TO COOPERATE WITH NONPROFIT ORGANIZATIONS IN THE OKLAHOMA CITY AREA FOR THE BENEFIT OF THE CITY AND THE STATE OF OKLAHOMA. [3]PROVIDE AN ANNUAL SALARY SURVEY TO ITS MEMBERS AND ARRANGE FOR AND ORGANIZE MEETINGS FOR ITS MEMBERS AND MEMBER ORGANIZATIONS FOR THE PURPOSE OF EDUCATION, OPERATING PROCEDURES AND PERSONNEL TRAINING OF MEMBER EMPLOYEES.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL DEBROECK
IRS990/Form990PartVIISectionAGrp/PersonNm1PAULA BARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm2LANCE WORSHAM
IRS990/Form990PartVIISectionAGrp/PersonNm3TRISTAN THOMPSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt051470
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InformationTechnologyGrp/TotalAmt06650
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt031875
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt031875
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
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IRS990/MissionDesc0OUR PURPOSE IS TO PROMOTE SOUND BANKING PRINCIPLES IN THE OKLAHOMA CITY METROPOLITAN AREA, ESTABLISH RULES AND REGULATIONS TO FACILITATE THE INTERCHANGE OF BUSINESS AMONG ITS MEMBERS AND THE SETTLEMENT OF THE BALANCES RESULTING FROM SUCH EXHANGES AND TO COOPERATE WITH NONPROFIT ORGANIZATIONS IN THE OKLAHOMA CITY AREA FOR THE BENEFIT OF THE CITY AND THE STAET OF OKLAHOMA. WE WILL ALSO PROVIDE AN ANNUAL SALARY SURVEY TO OUR MEMBERS AND ARRANGE FOR AND ORGANIZE MEETINGS FOR OUR MEMBERS AND MEMBER ORGANIZATIONS FOR THE PURPOSE OF EDUCATION, OPERATING PROCEDURES AND PERSONNEL TRAINING OF MEMBER EMPLOYEES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS PREPARED BY AN INDEPENDENT THIRD PARTY CERTIFIED PUBLIC ACCOUNTING FIRM. A COPY OF THE COMPLETED RETURN IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE DOCUMENTS ARE AVAILALBE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING ADJUSTMENT 1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DEBROECK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08165957642
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CENTRAL OKLAHOMA CLEARING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOUSE ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0736104144
ReturnHeader/Filer/PhoneNum08165957642
ReturnHeader/Filer/USAddress/AddressLine1Txt03100 BROADWAY BLVD 555
ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd064111
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813053687
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERGANKDV LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010401 HOLMES AVE STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064131
ReturnHeader/PreparerPersonGrp/PhoneNum08165259699
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RACHEL A CRUZ CPA
ReturnHeader/ReturnTs02022-11-15T20:01:12-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DEBROECK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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