Civic Intelligence

Ok2Bx Foundation

990EZ • Fiscal year 2022 • EIN 87-2660261

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 24, 2023

1717 Arts Plz Apt 1802Dallas, TX 75201

(214) 357-7722

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

17%

Faster asset growth than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

14th percentile

-40%

Faster revenue growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$74,765

Up $10,685 (+17%) from 2021

Net Assets

Up

$73,850

Up $9,899 (+15%) from 2021

Liabilities

Up

$915

Up $786 (+609%) from 2021

Revenue

Down

$40,843

Down $27,694 (-40%) from 2021

Expenses

Up

$22,407

Up $17,821 (+389%) from 2021

Net Income

Down

$18,436

Down $45,515 (-71%) from 2021

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2021: $64,080Liabilities 2021: $129Net Assets 2021: $63,9512021Assets 2022: $74,765Liabilities 2022: $915Net Assets 2022: $73,8502022Assets 2023: $65,957Liabilities 2023: $1,072Net Assets 2023: $64,8852023Assets 2024: $68,804Liabilities 2024: $1,135Net Assets 2024: $67,6692024

Highlighted filing

2022

Assets$74,765
Liabilities$915
Net Assets$73,850

Operations Trend

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

$100K$50K$0-$50KRevenue 2021: $68,537Expenses 2021: $4,586Net Income 2021: $63,9512021Revenue 2022: $40,843Expenses 2022: $22,407Net Income 2022: $18,4362022Revenue 2023: $20,575Expenses 2023: $35,451Net Income 2023: -$14,8762023Revenue 2024: $25,051Expenses 2024: $30,417Net Income 2024: -$5,3662024

Highlighted filing

2022

Revenue$40,843
Expenses$22,407
Net Income$18,436
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 24, 2023
Return Version
2022v5.0
Gross Receipts
$70,774
Mission and Program Overview

Mission

To empower diverse communities through arts and cultural experiences, fostering kindness, understanding, and acceptance, and recognizing shared humanity as the commonality that unites us.

Program Services

DescriptionGrantsExpenses
OK2BX Fest. The OK2BX Fest is a family-friendly event that celebrates the uniqueness and individuality that makes each of us extraordinary. The event's activities include entertainment for all ages, hands-on arts and games, local artists and non-profit advocacy, as well as a variety of local food vendors. The initial OK2BX Fest was held in August 2022 featuring 18 local artists on two stages with food provided by seven local vendors enjoyed by over 400 attendees.$5,642$13,513
OK2BX Scholarship Program. The OK2BX Foundation, in its mission to promote diversity, equity and inclusion, desires to financially support young people who have demonstrated leadership in these areas and who have plans to continue promoting DEI in their life. During 2022, two scholarships of $5,000 each were awarded to graduating high school seniors selected from eleven applicants. The program is continuing in 2023 with applications being reviewed in April 2023.$10,000$23
OK2BX Film Festival. Hosted the initial OK2Bx Film Festival in April 2022 featuring short films honoring diversity and inclusivity created by high school students from across the United States with over 200 in attendance. $1,250 in prizes were awarded in five film categories. The event venue and sponsors have been secured for the 2nd annual Film Festival to be held in April 2023$1,250$2,696
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine BoldingPresident, DirectorPT$0--
Stuart Brent BoldingVice President, DirectorPT$0--
John WellikTreasurer, DirectorPT$0--
Susan WellikSecretary, Director-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
OK2BX Fest$35,168$35,168$8,122$27,046
OK2BX Film Festival$6,915$6,915$179$6,736
Total Events$42,083$42,083$23,650$18,433
Filing and Contact Details

Filer

Filer Name
Ok2bx Foundation
EIN
87-2660261
Phone
2143577722
Address
1717 Arts Plz Apt 1802, Dallas, TX 75201

Signing Officer

Name
John Wellik
Title
Treasurer
Phone
2143577722
Signed
2023-04-24
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

$2,500 Grant Halliburton Foundation Beacon of Hope $5,000 Brenna Ross scholarship award $5,000 Kristi Lee scholarship award

Form 990-EZ, Part I, Line 16

Description;Amount^Entry fees and supplies for Pride and Mardi Gras parades;1575|Booker T Washington theater program ad;500|Canopy tents for outdoor events;1927|Oversized OK2BX letters for events;1750|Website hosting and technology expenses;1687|Supplies and administrative expenses;565|Credit card processing fees for contributions;278^Total;8282^

Form 990-EZ, Part I, Line 20

Unrealized net losses on investments carried at Fair Market Value

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Sales Tax Payable;4|Credit card outstanding balance;911^Total;915^

Raw XML Appendix275 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$2,500 Grant Halliburton Foundation Beacon of Hope $5,000 Brenna Ross scholarship award $5,000 Kristi Lee scholarship award
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Unrealized net losses on investments carried at Fair Market Value
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0John Wellik
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02143577722
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OK2BX FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OK2B
ReturnHeader/Filer/EIN0872660261
ReturnHeader/Filer/PhoneNum02143577722
ReturnHeader/Filer/USAddress/AddressLine1Txt01717 Arts Plz Apt 1802
ReturnHeader/Filer/USAddress/CityNm0Dallas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-04-23T15:20:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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