Civic Intelligence

Naro Foundation Inc.

EIN 82-0557937 • 501(c)3 • Tulsa, OK

Pub. 78 Eligible990-N Coverage

Profile

Research energy conservation and alternate fuel sources and provide education on energy issues.

7030 S Yale Ave No 404Tulsa, OK 74136

n/A

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

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 2015

Asset Growth

87th percentile

52%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

42%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$97,454

Down $14,135 (-13%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$97,454

Down $14,135 (-13%) from 2019

Operations
Liabilities / Revenue63rd percentileNet Margin89th percentile

Revenue

Down

$7,545

Down $58,448 (-89%) from 2019

Expenses

Down

$21,680

Down $14,001 (-39%) from 2019

Net Income

Down

-$14,135

Down $44,447 (-147%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

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

$150K$100K$50K$0Assets 2011: $110,099Liabilities 2011: $02011Assets 2012: $83,860Liabilities 2012: $16,4652012Assets 2013: $89,183Liabilities 2013: $16,465Net Assets 2013: $72,7182013Assets 2014: $94,049Liabilities 2014: $16,465Net Assets 2014: $77,5842014Assets 2015: $70,007Liabilities 2015: $0Net Assets 2015: $70,0072015Assets 2016: $54,180Liabilities 2016: $0Net Assets 2016: $54,1802016Assets 2017: $1Liabilities 2017: $0Net Assets 2017: $53,7062017Assets 2018: $81,377Liabilities 2018: $100Net Assets 2018: $81,2772018Assets 2019: $111,589Liabilities 2019: $0Net Assets 2019: $111,5892019Assets 2020: $97,454Liabilities 2020: $0Net Assets 2020: $97,4542020

Highlighted filing

2020

Assets$97,454
Liabilities$0
Net Assets$97,454
Open 2020 Filing

Operations Trend

Revenue Growth83rd percentile

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

$100K$50K$0-$50KRevenue 2011: $37,969Expenses 2011: $14,539Net Income 2011: $23,4302011Revenue 2012: $44,442Expenses 2012: $17,246Net Income 2012: $27,1962012Revenue 2013: $37,072Expenses 2013: $29,497Net Income 2013: $7,5752013Revenue 2014: $42,871Expenses 2014: $38,005Net Income 2014: $4,8662014Revenue 2015: $41,178Expenses 2015: $48,755Net Income 2015: -$7,5772015Revenue 2016: $42,882Expenses 2016: $58,709Net Income 2016: -$15,8272016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $57,616Expenses 2018: $30,045Net Income 2018: $27,5712018Revenue 2019: $65,993Expenses 2019: $35,681Net Income 2019: $30,3122019Revenue 2020: $7,545Expenses 2020: $21,680Net Income 2020: -$14,1352020

Highlighted filing

2020

Revenue$7,545
Expenses$21,680
Net Income-$14,135
Open 2020 Filing

Filings

Most recent year

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

Open filing
Assets
$97,454
Liabilities
$0
Net assets
$97,454
Revenue
$7,545
Expenses
$21,680
Net income
-$14,135
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.08$0.22$0.14
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.66$0.36$0.30
2018Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.58$0.30$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.54$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.43$0.59$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.41$0.49$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.16$0.78$0.43$0.38$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.89$0.16$0.73$0.37$0.29$0.08
2012Summary only. Only limited summary data is available for this year.$0.84$0.16$0.44$0.17$0.27
2011Summary only. Only limited summary data is available for this year.$1.10$0.00$0.38$0.15$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$7,545
Mission and Program Overview

Mission

Research energy conservation and alternate fuel sources and provide education on energy issues.

Provides support for the certified minerals manager (cmm) program. The cmm (certified minerals manager) program is an educational self-study course exclusively through the naro foundation designed to increase your knowledge of minerals management.

Program Services

DescriptionGrantsExpenses
PROVIDED SUPPORT FOR THE CERTIFIED MINERALS MANAGER (CMM) PROGRAM.$0$21,680
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK FLEETDirector-$0--
DIANE KARNUTHDirector-$0--
KELLE JERNIGANDirector-$0--
RICK HOWELLDirector-$0--
DAVID SIKESDirector-$0--
KIM SPRINGFIELDDirector-$0--
CANDICE POWELLPresident-$0--
STERLING WILLIAMSTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Naro Foundation Inc
EIN
82-0557937
Phone
9187941660
Address
7030 S YALE AVE NO 404, TULSA, OK 74136

Signing Officer

Name
Jack Fleet
Title
Executive Director
Phone
9187941660
Signed
2021-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Milam & Associates Pllc
Address
7030 S YALE STE 300, TULSA, OK 74136
Preparer
Steven E Milam
Phone
9184932002
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: royalty income. Amount: 5,213.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank charges. Amount: 234. Description: property taxes. Amount: 1,518. Description: insurance. Amount: 195. Description: miscellaneous. Amount: 147. Description: office expense. Amount: 430. Description: director expense. Amount: 11,850. Description: publication purchase. Amount: 574. Total to form 990-ez, line 16: 14,948.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: ar naro cmm. Beg. Of year amount: 8,764. End of year amount: 1,762.”

Raw XML Appendix204 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt014948
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0PROVIDES SUPPORT FOR THE CERTIFIED MINERALS MANAGER (CMM) PROGRAM. THE CMM (CERTIFIED MINERALS MANAGER) PROGRAM IS AN EDUCATIONAL SELF-STUDY COURSE EXCLUSIVELY THROUGH THE NARO FOUNDATION DESIGNED TO INCREASE YOUR KNOWLEDGE OF MINERALS MANAGEMENT.
IRS990EZ/PrintingPublicationsPostageAmt095
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ROYALTY INCOME. AMOUNT: 5,213.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 234. DESCRIPTION: PROPERTY TAXES. AMOUNT: 1,518. DESCRIPTION: INSURANCE. AMOUNT: 195. DESCRIPTION: MISCELLANEOUS. AMOUNT: 147. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 430. DESCRIPTION: DIRECTOR EXPENSE. AMOUNT: 11,850. DESCRIPTION: PUBLICATION PURCHASE. AMOUNT: 574. TOTAL TO FORM 990-EZ, LINE 16: 14,948.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: AR NARO CMM. BEG. OF YEAR AMOUNT: 8,764. END OF YEAR AMOUNT: 1,762.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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