Civic Intelligence

Central Oklahoma Clearing House Association Inc

990 • Fiscal year 2020 • EIN 73-6104144

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization ProfileEPCOR.ORG/COCHA
3100 Broadway Blvd No 555Kansas City, MO 64111

(816) 595-7642

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

45th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

38th percentile

-3.7%

Higher net margin than 38% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

1st percentile

-94%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-91%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$1,933

Down $31,954 (-94%) from 2019

Net Assets

Down

$1,933

Down $1,954 (-50%) from 2019

Liabilities

Down

$0

Down $30,000 (-100%) from 2019

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin38th percentile

Revenue

Down

$53,385

Down $531,834 (-91%) from 2019

Expenses

Down

$55,339

Down $581,757 (-91%) from 2019

Net Income

Up

-$1,954

Up $49,923 (+96%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$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

2020

Assets$1,933
Liabilities$0
Net Assets$1,933
Open 2020 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$53,385
Expenses$55,339
Net Income-$1,954
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$53,385
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
Savings and Temporary Cash Investments$23,684--
Land, Buildings, and Equipment, Net$10,365$0▼ $10,365
Cash and Non-Interest-Bearing Accounts$-162$1,933▲ $2,095
Total Assets$33,887$1,933▼ $31,954
Liabilities
Other Liabilities$30,000$0▼ $30,000
Total Liabilities$30,000$0▼ $30,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,887$1,933▼ $1,954
Total Net Assets Fund Balance$3,887$1,933▼ $1,954
Total Liabilities and Net Assets / Fund Balance$33,887$1,933▼ $31,954

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$31,875$31,875
Compensation and Service Providers
Top Officer Pay70th percentile

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
$53,385
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$55,339
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---$32,400
Depreciation Depletion---$10,365
Information Technology---$2,425
Conferences and Meetings---$2,217
Advertising---$231
Other Expenses---$161
Total Functional Expenses$0$0$0$55,339
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 NO 555, KANSAS CITY, MO 64111

Signing Officer

Name
Michael Debroeck
Title
President
Phone
8165957642
Signed
2021-11-09
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
1901 W 47TH PLACE SUITE 204, WESTWOOD, KS 66205
Preparer
James P Ketter
Phone
9134322727
Raw XML Appendix279 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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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE DOCUMENTS ARE AVAILALBE UPON REQUEST.
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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/SignatureDt02021-11-09
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 NO 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/AddressLine1Txt01901 W 47TH PLACE SUITE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066205
ReturnHeader/PreparerPersonGrp/PhoneNum09134322727
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES P KETTER
ReturnHeader/ReturnTs02021-11-09T10:44:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DEBROECK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,933
Liabilities
$0
Net assets
$1,933
Revenue
$53,385
Expenses
$55,339
Net income
-$1,954
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.51$0.47$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.53$0.55$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.30$0.04$5.85$6.37$0.52
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$6.43$6.02$0.41
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.26$0.15$6.28$6.41$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.24$0.96$0.27$6.85$7.31$0.45
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.15$0.73$6.44$6.73$0.29
2014Detailed filing. Detailed filing data is available for this year.$1.49$0.47$1.02$6.27$6.64$0.36
2013Detailed filing. Detailed filing data is available for this year.$1.63$0.25$1.39$5.59$5.68$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.28$1.48$5.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.08$1.72$6.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.07$2.57$6.69