Civic Intelligence

Oikos Development Corporation

EIN 83-2398791 • 501(c)3 • Kansas City, MO

Pub. 78 Eligible

Profile

To provide low-income persons with affordable home ownership and rental housing opportunities and any other related affordable housing, economic and community development activities.

1712 Main St 206Kansas City, MO 64108

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.90x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

10.16x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

88th percentile

32%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Up

$21,993,428

Up $372,360 (+1.7%) from 2023

Liabilities

Down

$19,693,773

Down $779,684 (-3.8%) from 2023

Net Assets

Up

$2,299,655

Up $1,152,044 (+100%) from 2023

Revenue

Up

$1,937,641

Up $234,957 (+14%) from 2023

Expenses

Up

$1,509,261

Up $102,200 (+7.3%) from 2023

Net Income

Up

$428,380

Up $132,757 (+45%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2019: $419,274Liabilities 2019: $317,522Net Assets 2019: $101,7522019Assets 2020: $1,202,944Liabilities 2020: $810,150Net Assets 2020: $392,7942020Assets 2021: $4,592,532Liabilities 2021: $4,092,927Net Assets 2021: $499,6052021Assets 2022: $12,685,065Liabilities 2022: $7,975,592Net Assets 2022: $4,709,4732022Assets 2023: $21,621,068Liabilities 2023: $20,473,457Net Assets 2023: $1,147,6112023Assets 2024: $21,993,428Liabilities 2024: $19,693,773Net Assets 2024: $2,299,6552024

Highlighted filing

2024

Assets$21,993,428
Liabilities$19,693,773
Net Assets$2,299,655

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2019: $235,669Expenses 2019: $134,007Net Income 2019: $101,6622019Revenue 2020: $651,985Expenses 2020: $360,944Net Income 2020: $291,0412020Revenue 2021: $847,354Expenses 2021: $710,594Net Income 2021: $136,7602021Revenue 2022: $1,340,143Expenses 2022: $1,122,690Net Income 2022: $217,4532022Revenue 2023: $1,702,684Expenses 2023: $1,407,061Net Income 2023: $295,6232023Revenue 2024: $1,937,641Expenses 2024: $1,509,261Net Income 2024: $428,3802024

Highlighted filing

2024

Revenue$1,937,641
Expenses$1,509,261
Net Income$428,380

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$2,481,974
Mission and Program Overview

Mission

To provide low-income persons with affordable home ownership and rental housing opportunities and any other related affordable housing, economic and community development activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,596,327$3,661,041▲ $64,714
Cash and Non-Interest-Bearing Accounts$1,595,252$913,499▼ $681,753
Accounts Receivable-$599,082-
Total Assets$21,621,068$21,993,428▲ $372,360
Other Assets Total$16,429,489$16,819,806▲ $390,317
Liabilities
Unsecured Notes Loans Payable$20,440,492$19,273,023▼ $1,167,469
Accounts Payable and Accrued Expenses$29,612$417,397▲ $387,785
Other Liabilities$3,353$3,353→ $0
Total Liabilities$20,473,457$19,693,773▼ $779,684
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,147,611$2,299,655▲ $1,152,044
Total Net Assets Fund Balance$1,147,611$2,299,655▲ $1,152,044
Total Liabilities and Net Assets / Fund Balance$21,621,068$21,993,428▲ $372,360

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,846,284$132,763$2,979,047
Land$814,757-$814,757
Other Assets Org$874,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael SnodgrassExecutive DirectorFT$401,931$29,202$431,133

Board Members and Trustees

NameTitle
Nestor ZuluagaChair
Leon GrayVice Chair
Tamicka PhillipsBoard Member
Tim ByersSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$169,000
Program Service Revenue
$1,668,224
Investment Income
$14,819
Other Revenue
$85,598
All Other Contributions
$169,000
Change in Net Assets
$428,380

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,937,641
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,937,641
Total Revenue per Form 990
$1,937,641
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$853,695
Other Expenses$655,566
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$321,545$80,386-$401,931
Other Salaries and Wages$276,442$69,111-$345,553
Depreciation Depletion$79,806$19,951-$99,757
Pension Plan Contributions$70,266$17,567-$87,833
Conferences and Meetings$36,809$9,202-$46,011
Fees for Services Other$35,243$8,810-$44,053
Fees for Services Legal$24,174$6,044-$30,218
Travel$15,929$3,982-$19,911
Other Employee Benefits$14,702$3,676-$18,378
Advertising$14,509$3,627-$18,136
Interest$12,636$3,159-$15,795
Office Expenses$8,118$2,029-$10,147
Occupancy$7,841$1,960-$9,801
Other Expenses$7,840$1,960-$9,800
All Other Expenses$5,099$1,275-$6,374
Insurance$1,995$499-$2,494
Total Functional Expenses$1,207,409$301,852$0$1,509,261

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,509,261
Total Expenses per Audited Statements$1,509,261
Total Expenses per Form 990$1,509,261
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Resident Deposits$3,353
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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 board reviews after executive director and accountant.

Form 990, Part VI, Section C, Line 18

990 will be made available upon request.

Form 990, Part VI, Section C, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Oikos Development Corporation
EIN
83-2398791
Phone
8163524258
Address
1712 MAIN ST 206, KANSAS CITY, MO 64108

Signing Officer

Name
Michael Snodgrass
Title
President
Phone
8163524258
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Snodgrass
Formed
2018
Legal Domicile
Mo
Voting Board Members
4
Independent Board Members
4
Employees
6
Volunteers
4

Preparer

Firm
Efpr Advisory LLC
Address
6390 MAIN STREET SUITE 200, WILLIAMSVILLE, NY 14221
Preparer
David a Urban CPA
Phone
7166340700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Oikos development corporation (odc) is not-for-profit organization as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income tax on related income pursuant to section 501 (a) of the internal revenue code. Odc has adopted the provisions of the fasb asc 740-10 as it might apply to the organization's financial transactions. Odc's policy is to record a liability for any tax position that is beneficial to the odc, including any related interest and penalties, when it is more likely than not the position taken by management with respect to the transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of december 31, 2024 and, accordingly, no liability has been accrued.

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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0198680
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0655960
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0865303
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.50210
IRS990ScheduleA/PublicSupportPY170Pct00.47970
IRS990ScheduleA/PublicSupportTotal170Amt01140700
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0169000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0111374
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0289887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0475439
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt095000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01140700
IRS990ScheduleA/TotalSupportAmt02271987
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02846284
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0132763
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02979047
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01509261
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0814757
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0814757
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015945806
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1874000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROPERTY HELD FOR DEVELOPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03353
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESIDENT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01937641
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0OIKOS DEVELOPMENT CORPORATION (ODC) IS NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAX ON RELATED INCOME PURSUANT TO SECTION 501 (A) OF THE INTERNAL REVENUE CODE. ODC HAS ADOPTED THE PROVISIONS OF THE FASB ASC 740-10 AS IT MIGHT APPLY TO THE ORGANIZATION'S FINANCIAL TRANSACTIONS. ODC'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION THAT IS BENEFICIAL TO THE ODC, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO THE TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF DECEMBER 31, 2024 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03661041
IRS990ScheduleD/TotalBookValueOtherAssetsAmt016819806
IRS990ScheduleD/TotalExpensesPerForm990Amt01509261
IRS990ScheduleD/TotalLiabilityAmt03353
IRS990ScheduleD/TotalRevenuePerForm990Amt01937641
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01937641
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01509261
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0401931
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt029202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL SNODGRASS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0431133
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS AFTER EXECUTIVE DIRECTOR AND ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0OIKOS DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0873334242
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROVIDE LOW-INCOME PERSONS WITH HOUSING OPPORTUNITIES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0PRAIRIEBROOKE TOWNHOMES LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01712 MAIN ST 206
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0KANSAS CITY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd064108
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0OIKOS DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0320654878
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1850531560
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd01
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1KS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.60000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0PROVIDE LOW-INCOME PERSONS WITH HOUSING OPPORTUNITIES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1PROVIDE LOW-INCOME PERSONS WITH HOUSING OPPORTUNITIES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0ARBOR VILLAGE LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt1OCM BUILDERS LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01712 MAIN ST 206
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt15118 W 71ST STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0KANSAS CITY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm1PRAIRIE VILLAGE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd1KS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd064108
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd166208
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00

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