Civic Intelligence

Ok Foundation

990 • Fiscal year 2014 • EIN 87-0643214

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 09, 2015

2101 East Murray-holladay Road 250Holladay, UT 84117

(801) 707-7646

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

8th percentile

-34%

Higher net margin than 8% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

63rd percentile

$148,200

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

17th percentile

-4.7%

Faster asset growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

82%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$9,077,800

Down $443,344 (-4.7%) from 2013

Net Assets

Down

$9,055,007

Down $429,010 (-4.5%) from 2013

Liabilities

Down

$22,793

Down $14,334 (-39%) from 2013

Revenue

Up

$735,986

Up $331,761 (+82%) from 2013

Expenses

Up

$983,802

Up $241,681 (+33%) from 2013

Net Income

Up

-$247,816

Up $90,080 (+27%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $8,920,318Liabilities 2010: $60,064Net Assets 2010: $8,860,2542010Assets 2011: $8,610,494Liabilities 2011: $49,736Net Assets 2011: $8,560,7582011Assets 2012: $8,822,844Liabilities 2012: $26,938Net Assets 2012: $8,795,9062012Assets 2013: $9,521,144Liabilities 2013: $37,127Net Assets 2013: $9,484,0172013Assets 2014: $9,077,800Liabilities 2014: $22,793Net Assets 2014: $9,055,0072014Assets 2015: $7,861,488Liabilities 2015: $33,148Net Assets 2015: $7,828,3402015Assets 2016: $7,895,859Liabilities 2016: $12,905Net Assets 2016: $7,882,9542016Assets 2017: $8,077,542Liabilities 2017: $43,913Net Assets 2017: $8,033,6292017Assets 2018: $7,351,197Liabilities 2018: $28,555Net Assets 2018: $7,322,6422018Assets 2019: $5,420,807Liabilities 2019: $10,937Net Assets 2019: $5,409,8702019Assets 2020: $5,046,473Liabilities 2020: $9,834Net Assets 2020: $5,036,6392020Assets 2021: $4,818,165Liabilities 2021: $23,699Net Assets 2021: $4,794,4662021Assets 2022: $3,443,255Liabilities 2022: $15,917Net Assets 2022: $3,427,3382022Assets 2023: $9,499,666Liabilities 2023: $24,526Net Assets 2023: $9,475,1402023Assets 2024: $9,907,631Liabilities 2024: $0Net Assets 2024: $9,907,6312024

Highlighted filing

2014

Assets$9,077,800
Liabilities$22,793
Net Assets$9,055,007

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,326,8762010Revenue 2011: $289,562Expenses 2011: $487,829Net Income 2011: -$198,2672011Expenses 2012: $685,1622012Revenue 2013: $404,225Expenses 2013: $742,121Net Income 2013: -$337,8962013Revenue 2014: $735,986Expenses 2014: $983,802Net Income 2014: -$247,8162014Revenue 2015: $451,054Expenses 2015: $1,298,225Net Income 2015: -$847,1712015Revenue 2016: $531,046Expenses 2016: $1,012,014Net Income 2016: -$480,9682016Revenue 2017: $1,332,531Expenses 2017: $1,191,152Net Income 2017: $141,3792017Revenue 2018: $68,303Expenses 2018: $812,824Net Income 2018: -$744,5212018Revenue 2019: $382,742Expenses 2019: $717,947Net Income 2019: -$335,2052019Revenue 2020: $1,158,920Expenses 2020: $977,640Net Income 2020: $181,2802020Revenue 2021: $645,498Expenses 2021: $1,204,557Net Income 2021: -$559,0592021Revenue 2022: $1,228,030Expenses 2022: $1,768,688Net Income 2022: -$540,6582022Revenue 2023: $7,829,040Expenses 2023: $2,173,613Net Income 2023: $5,655,4272023Revenue 2024: $9,317,246Expenses 2024: $8,861,210Net Income 2024: $456,0362024

Highlighted filing

2014

Revenue$735,986
Expenses$983,802
Net Income-$247,816
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$1,735,384
Mission and Program Overview

Mission

Serving the needs of the whole child, including education, safety, environment, health, and well-being

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,959,474$7,407,195▼ $1,552,279
Investments Other Securities$300,000$1,019,658▲ $719,658
Savings and Temporary Cash Investments$182,657$606,933▲ $424,276
Other Notes and Loans Receivable, Net$30,000$30,000→ $0
Land, Buildings, and Equipment, Net$10,383$6,806▼ $3,577
Prepaid Expenses and Deferred Charges$8,378$6,108▼ $2,270
Accounts Receivable$5,252$1,050▼ $4,202
Cash and Non-Interest-Bearing Accounts$25,000$50▼ $24,950
Total Assets$9,521,144$9,077,800▼ $443,344
Liabilities
Accounts Payable and Accrued Expenses$37,127$22,793▼ $14,334
Total Liabilities$37,127$22,793▼ $14,334
Net Assets / Fund Balance
Unrestricted Net Assets$9,484,017$9,055,007▼ $429,010
Total Net Assets Fund Balance$9,484,017$9,055,007▼ $429,010
Total Liabilities and Net Assets / Fund Balance$9,521,144$9,077,800▼ $443,344

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,806$113,927$120,733
Other Securities$433,408--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Philip WebbExecutive DiFT$148,200$148,200

Board Members and Trustees

NameTitle
Dennis WebbBoard Chair
Jan RobbinsBoard Member
Ron GunnellBoard Member
Steve FarrellBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$224,981
Program Service Revenue
$0
Investment Income
$632,597
Other Revenue
$-121,592
All Other Contributions
$224,981
Change in Net Assets
$-247,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$468,323
Other Expenses$269,355
Salaries, Compensation, and Employee Benefits$246,124
Total Fundraising Expense$6,196
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$462,323--$462,323
Current Officers, Directors, Trustees, and Key Employees$139,308$7,410$1,482$148,200
Fees for Services Other$85,000$1,094-$86,094
Other Salaries and Wages$78,914$4,198$840$83,952
Occupancy$49,755$27,151-$76,906
Fees for Service Investment Mgmnt Fees-$45,596-$45,596
Travel$23,876$143-$24,019
Payroll Taxes$13,133$699$140$13,972
Advertising-$8,400$3,427$11,827
Conferences and Meetings$9,081--$9,081
Grants to Domestic Individuals$6,000--$6,000
Depreciation Depletion-$3,577-$3,577
Office Expenses$245$2,676-$2,921
Information Technology$144$2,557-$2,701
Insurance-$2,390-$2,390
Fees for Services Accounting-$1,693-$1,693
Fees for Services Legal$1,120$500-$1,620
Other Expenses$110$513$307$930
Total Functional Expenses$869,009$108,597$6,196$983,802
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
HopelandNew York, NY501c3General Support$195,566
Mesoamerican Research FoundationCenterville, UT501c3General Support$148,892
Rising Star OutreachNorcross, GA501c3General Support$31,432
Other---$25,544
Red Fred ProjectSalt Lake City, UT-General Support$19,687
Hamilton ProductionsFruit Heights, UT501c3General Support$18,702
Many HopesEast Falmouth, MA501c3General Support$12,500
Brigham Young UniversityProvo, UT501c3Scholarship Fund$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 2

Dennis webb philip webb board chair director family relationship

Form 990, Page 6, Part VI, Line 11B

Form 990 is made available to the board and reviewed by board chair prior to submittal.

Form 990, Page 6, Part VI, Line 12C

The organization monitors compliance with its conflict of interest policy regularly.

Form 990, Page 6, Part VI, Line 15A

The board reviews and approves the compensation of key employees on a yearly basis.

Form 990, Page 6, Part VI, Line 15B

The board reviews and approves the compensation of key employees on a yearly basis.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ok Foundation
EIN
87-0643214
Phone
8017077646
Address
2101 EAST MURRAY-HOLLADAY ROAD 250, HOLLADAY, UT 84117

Signing Officer

Name
Dennis Webb
Title
CEO
Phone
8017077646
Signed
2015-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Webb
Formed
1999
Legal Domicile
Ut
Voting Board Members
4
Independent Board Members
4
Employees
2

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
Ray B Bartholomew CPA
Phone
8012256900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Ok foundation improves the lives of children by supporting a researched community of charities serving the most important issues facing kids.

Raw XML AppendixShowing 400 of 455 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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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113927
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120733
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0586250
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1433408
IRS990ScheduleD/OtherSecuritiesGrp/Desc0IMPACT INVESTMENT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1SAVI HEALTH
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06806
IRS990ScheduleD/TotalBookValueSecuritiesAmt01019658
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/RecipientTable/CashGrantAmt0148892
IRS990ScheduleI/RecipientTable/CashGrantAmt131432
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt3195566
IRS990ScheduleI/RecipientTable/CashGrantAmt418702
IRS990ScheduleI/RecipientTable/CashGrantAmt512500
IRS990ScheduleI/RecipientTable/CashGrantAmt619687
IRS990ScheduleI/RecipientTable/CashGrantAmt725544
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SCHOLARSHIP FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MESOAMERICAN RESEARCH FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1RISING STAR OUTREACH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BRIGHAM YOUNG UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HOPELAND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4HAMILTON PRODUCTIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5MANY HOPES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6RED FRED PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7OTHER
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IRS990ScheduleI/RecipientTable/RecipientEIN5392067502
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0145 WEST 1600 NORTH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16241 INDIAN RIVER DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2D-155 ABRAHAM SMOOT BUILDING
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3575 MADISON AVENUE 24TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4113 SOUTH MOUNTAIN ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt567 TROTTING PARK ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6307 WEST 200 SOUTH SUITE 3004
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CENTERVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NORCROSS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PROVO
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm4FRUIT HEIGHTS
IRS990ScheduleI/RecipientTable/USAddress/CityNm5EAST FALMOUTH
IRS990ScheduleI/RecipientTable/USAddress/CityNm6SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2UT
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd684101
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0OK FOUNDATION MONITORS THE USE OF GRANT FUNDS THROUGH SITE VISITS, AND WRITTEN REPORTS AND PICTURES FROM RECIPIENTS. SCHOLARSHIP AWARDS ARE ISSUED DIRECTLY TO THE EDUCATIONAL INSTITUTION THE RECIPIENT HAS CHOSEN TO ATTEND.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt06
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OK FOUNDATION IMPROVES THE LIVES OF CHILDREN BY SUPPORTING A RESEARCHED COMMUNITY OF CHARITIES SERVING THE MOST IMPORTANT ISSUES FACING KIDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DENNIS WEBB PHILIP WEBB BOARD CHAIR DIRECTOR FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS MADE AVAILABLE TO THE BOARD AND REVIEWED BY BOARD CHAIR PRIOR TO SUBMITTAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY REGULARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF KEY EMPLOYEES ON A YEARLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF KEY EMPLOYEES ON A YEARLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09521144
IRS990/TotalAssetsEOYAmt09077800
IRS990/TotalAssetsGrp/BOYAmt09521144
IRS990/TotalAssetsGrp/EOYAmt09077800
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IRS990/TotalContributionsAmt0224981
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06196
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0108597
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0869009
IRS990/TotalFunctionalExpensesGrp/TotalAmt0983802
IRS990/TotalGrossUBIAmt0-121592
IRS990/TotalLiabilitiesBOYAmt037127
IRS990/TotalLiabilitiesEOYAmt022793
IRS990/TotalLiabilitiesGrp/BOYAmt037127
IRS990/TotalLiabilitiesGrp/EOYAmt022793

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.91$0.00$9.91$9.32$8.86$0.46
2023Detailed filing. Detailed filing data is available for this year.$9.50$0.02$9.48$7.83$2.17$5.66
2022Detailed filing. Detailed filing data is available for this year.$3.44$0.02$3.43$1.23$1.77$0.54
2021Detailed filing. Detailed filing data is available for this year.$4.82$0.02$4.79$0.65$1.20$0.56
2020Detailed filing. Detailed filing data is available for this year.$5.05$0.01$5.04$1.16$0.98$0.18
2019Detailed filing. Detailed filing data is available for this year.$5.42$0.01$5.41$0.38$0.72$0.34
2018Detailed filing. Detailed filing data is available for this year.$7.35$0.03$7.32$0.07$0.81$0.74
2017Detailed filing. Detailed filing data is available for this year.$8.08$0.04$8.03$1.33$1.19$0.14
2016Detailed filing. Detailed filing data is available for this year.$7.90$0.01$7.88$0.53$1.01$0.48
2015Detailed filing. Detailed filing data is available for this year.$7.86$0.03$7.83$0.45$1.30$0.85
2014Detailed filing. Detailed filing data is available for this year.$9.08$0.02$9.06$0.74$0.98$0.25
2013Detailed filing. Detailed filing data is available for this year.$9.52$0.04$9.48$0.40$0.74$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.82$0.03$8.80$0.69
2011Summary only. Only limited summary data is available for this year.$8.61$0.05$8.56$0.29$0.49$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.92$0.06$8.86$1.33