Civic Intelligence

Naro Foundation Inc.

990EZ • Fiscal year 2019 • EIN 82-0557937

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

7030 S Yale Ave No 404Tulsa, OK 74136

(918) 794-1660

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

90th percentile

46%

Higher net margin than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

81st percentile

37%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$111,589

Up $30,212 (+37%) from 2018

Net Assets

Up

$111,589

Up $30,312 (+37%) from 2018

Liabilities

Down

$0

Down $100 (-100%) from 2018

Revenue

Up

$65,993

Up $8,377 (+15%) from 2018

Expenses

Up

$35,681

Up $5,636 (+19%) from 2018

Net Income

Up

$30,312

Up $2,741 (+9.9%) from 2018

Historical Trend

Balance Sheet Trend

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

$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

2019

Assets$111,589
Liabilities$0
Net Assets$111,589

Operations Trend

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

2019

Revenue$65,993
Expenses$35,681
Net Income$30,312
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$65,993
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$35,682
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK FLEETDirector-$0--
KELLE JERNIGANDirector-$0--
PATTI WESTDirector-$0--
RICK HOWELLDirector-$0--
KIM SPRINGFIELDDirector-$0--
DIANE KARNUTHDirector-$0--
STERLING WILLIAMSTreasurer-$0--
DAVID SIKESPresident-$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
2020-11-13
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: 7,659.

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

Description: bank charges. Amount: 337. Description: cmm review course. Amount: 80. Description: insurance. Amount: 856. Description: outside employee services. Amount: 14,974. Description: office expense. Amount: 6,756. Description: director expense. Amount: 1,537. Description: publication purchase. Amount: 2,234. Total to form 990-ez, line 16: 26,774.

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

Description: ar naro cmm. Beg. Of year amount: 0. End of year amount: 8,764.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: undeposited funds. Beg. Of year amount: 100. End of year amount: 0.

Raw XML Appendix216 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/PersonNm0JACK FLEET
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6STERLING WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DAVID SIKES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt08764
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt026774
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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/PrintingPublicationsPostageAmt084
IRS990EZ/ProgramServiceRevenueAmt053334
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED SUPPORT FOR THE CERTIFIED MINERALS MANAGER (CMM) PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035682
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OK
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IRS990EZ/TotalExpensesAmt035681
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NOT APPLICABLE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: ROYALTY INCOME. AMOUNT: 7,659.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 337. DESCRIPTION: CMM REVIEW COURSE. AMOUNT: 80. DESCRIPTION: INSURANCE. AMOUNT: 856. DESCRIPTION: OUTSIDE EMPLOYEE SERVICES. AMOUNT: 14,974. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 6,756. DESCRIPTION: DIRECTOR EXPENSE. AMOUNT: 1,537. DESCRIPTION: PUBLICATION PURCHASE. AMOUNT: 2,234. TOTAL TO FORM 990-EZ, LINE 16: 26,774.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: AR NARO CMM. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,764.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 100. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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.
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK FLEET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09187941660
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NARO FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NARO
ReturnHeader/Filer/EIN0820557937
ReturnHeader/Filer/PhoneNum09187941660
ReturnHeader/Filer/USAddress/AddressLine1Txt07030 S YALE AVE NO 404
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ReturnHeader/FilingSecurityInformation/IPTm015:44:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010572388
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MILAM & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07030 S YALE STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TULSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd074136
ReturnHeader/PreparerPersonGrp/PhoneNum09184932002
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN E MILAM
ReturnHeader/ReturnTs02020-11-16T08:32:10-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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