Civic Intelligence

Farmhouse Osu 305 Corp

EIN 85-2316609 • 501(c)7 • Cherokee, OK

Profile

The object of our organization is to provide a place and foster an atmosphere where college age men can promote good fellowship, encourage studiousness, and inspire its members in seeking the best in their chosen lines of study as well as in life. Progress shall mark our every step; the spirit of congeniality shall reign at all times; and every member shall be honest with himself as with his brothers. Men elected to our membership are considered to be of good moral character, to be high in scholarship, to have the capacity for meeting and making friends, and to give promise of service to their fellowmen and to the world. To be and become such may at times require a sacrifice of time, pleasures and comforts.

PO Box 292Cherokee, OK 73728

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

0.78x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.21x

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

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

86th percentile

27%

Higher net margin than 86% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

99th percentile

789%

Faster asset growth than 99% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$48,139

Up $42,724 (+789%) from 2023

Liabilities

Up

$37,612

Up $34,350 (+1053%) from 2023

Net Assets

Up

$10,527

Up $8,374 (+389%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin86th percentile

Revenue

Up

$31,069

Up $50,404 (+261%) from 2023

Expenses

Down

$22,695

Down $11,135 (-33%) from 2023

Net Income

Up

$8,374

Up $61,539 (+116%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$150K$100K$50K$0Assets 2021: $132,862Liabilities 2021: $0Net Assets 2021: $132,8622021Assets 2022: $55,318Liabilities 2022: $0Net Assets 2022: $55,3182022Assets 2023: $5,415Liabilities 2023: $3,262Net Assets 2023: $2,1532023Assets 2024: $48,139Liabilities 2024: $37,612Net Assets 2024: $10,5272024

Highlighted filing

2024

Assets$48,139
Liabilities$37,612
Net Assets$10,527
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2021: $152,688Expenses 2021: $19,826Net Income 2021: $132,8622021Revenue 2022: -$51,244Expenses 2022: $26,300Net Income 2022: -$77,5442022Revenue 2023: -$19,335Expenses 2023: $33,830Net Income 2023: -$53,1652023Revenue 2024: $31,069Expenses 2024: $22,695Net Income 2024: $8,3742024

Highlighted filing

2024

Revenue$31,069
Expenses$22,695
Net Income$8,374
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,139
Liabilities
$37,612
Net assets
$10,527
Revenue
$31,069
Expenses
$22,695
Net income
$8,374
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.48$0.38$0.11$0.31$0.23$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.03$0.02$0.19$0.34$0.53
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.51$0.26$0.78
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$1.53$0.20$1.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$351,141
Mission and Program Overview

Mission

The object of our organization is to provide a place and foster an atmosphere where college age men can promote good fellowship, encourage studiousness, and inspire its members in seeking the best in their chosen lines of study as well as in life. Progress shall mark our every step; the spirit of congeniality shall reign at all times; and every member shall be honest with himself as with his brothers. Men elected to our membership are considered to be of good moral character, to be high in scholarship, to have the capacity for meeting and making friends, and to give promise of service to their fellowmen and to the world. To be and become such may at times require a sacrifice of time, pleasures and comforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,415$48,139▲ $42,724
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,415$48,139▲ $42,724
Other Assets Total-$0-
Liabilities
Other Liabilities-$33,000-
Grants Payable$3,262$4,612▲ $1,350
Total Liabilities$3,262$37,612▲ $34,350
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,153$10,527▲ $8,374
Total Net Assets Fund Balance$2,153$10,527▲ $8,374
Total Liabilities and Net Assets / Fund Balance$5,415$48,139▲ $42,724
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Terry GrahamPresident & CEO
Julian Shane AcquinoVice President
Jadan TerrazasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,541
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$24,528
All Other Contributions
$6,541
Change in Net Assets
$8,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,695
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
Office Expenses---$6,390
Other Expenses---$900
All Other Expenses---$290
Total Functional Expenses$0$0$0$22,695
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
OK Capital FH Corp$33,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
Yes
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“The Treasurer and President are available at all times for all governing documents and financial statements.”

Filing and Contact Details

Filer

Filer Name
FarmHouse OSU 305 Corp
EIN
85-2316609
Phone
5805963368
Address
PO Box 292, Cherokee, OK 73728

Signing Officer

Name
Terry Graham
Title
President & CEO
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
2020
Legal Domicile
Ok
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
25

Preparer

Firm
Terry Graham Inc
Address
202 S Grand, Cherokee, OK 73728
Preparer
Terry Graham
Phone
5805963368
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PhoneNum05805963368
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Terry Graham
ReturnHeader/ReturnTs02025-05-12T17:51:05-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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