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

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-187%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

37th percentile

-13%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-89%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th 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 / Revenue62nd percentileNet Margin7th 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 Growth37th 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 Growth7th 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

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 Pay81st 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
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED SUPPORT FOR THE CERTIFIED MINERALS MANAGER (CMM) PROGRAM.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021680
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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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ReturnHeader/TaxYr02020

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