Civic Intelligence

East Ardmore Revitalization Inc.

EIN 92-1444059 • 501(c)3 • Ardmore, OK

Pub. 78 Eligible990-N CoverageNTEE S20

Profile

Taxpayer's mission is to revitalize the east side of ardmore, ok through construction and repair of buildings, homes, parks, and bring new businesses into the area for jobs.

1405 4th Ave NW Box 286Ardmore, OK 73401

east ardmore revitalization, inc.

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$15,949

Down $17,771 (-53%) from 2023

Liabilities

Up

$926

Up $171 (+23%) from 2023

Net Assets

Down

$15,023

Down $17,942 (-54%) from 2023

Operations

Revenue

Up

$103,677

Up $24,446 (+31%) from 2023

Expenses

Up

$121,619

Up $75,353 (+163%) from 2023

Net Income

Down

-$17,942

Down $50,907 (-154%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2023: $33,720Liabilities 2023: $755Net Assets 2023: $32,9652023Assets 2024: $15,949Liabilities 2024: $926Net Assets 2024: $15,0232024

Highlighted filing

2024

Assets$15,949
Liabilities$926
Net Assets$15,023
Open 2024 Filing

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2023: $79,231Expenses 2023: $46,266Net Income 2023: $32,9652023Revenue 2024: $103,677Expenses 2024: $121,619Net Income 2024: -$17,9422024

Highlighted filing

2024

Revenue$103,677
Expenses$121,619
Net Income-$17,942
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$15,949
Liabilities
$926
Net assets
$15,023
Revenue
$103,677
Expenses
$121,619
Net income
-$17,942
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$1.04$1.22$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.33$0.79$0.46$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$103,677
Mission and Program Overview

Mission

Taxpayer's mission is to revitalize the east side of ardmore, ok through construction and repair of buildings, homes, parks, and bring new businesses into the area for jobs.

To revitalize the east side of ardmore, ok for lower income people. Funds are being raised to rebuild and repair buildings, parks, homes, and facilities in a poorer part of the community of ardmore, ok.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,022$15,411▼ $15,611
Accounts Receivable$1,887--
Land, Buildings, and Equipment, Net$811$538▼ $273
Total Assets$33,720$15,949▼ $17,771
Liabilities
Other Liabilities$755$926▲ $171
Total Liabilities$755$926▲ $171
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,965$15,023▼ $17,942
Total Net Assets Fund Balance$32,965$15,023▼ $17,942
Total Liabilities and Net Assets / Fund Balance$33,720$15,949▼ $17,771

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$-1,409$3,697$2,288
Equipment$1,947-$1,947
Compensation and Service Providers

Board Members and Trustees

NameTitle
Terrick WashingtonPresident
Carolyn Potts-sheltonDirector
Eric HowardDirector
John CredleDirector
Nancy SjulinDirector
Laura AkersSecretary
Jamia CodyTreasurer
Mary FinleyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$103,677
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$88,177
Change in Net Assets
$-17,942

Audited Revenue Reconciliation

Revenue per Audited Statements
$103,677
Total Revenue per Audited Statements
$103,677
Total Revenue per Form 990
$103,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,794
Salaries, Compensation, and Employee Benefits$53,825
Total Fundraising Expense$5,195
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$50,000-$50,000
Occupancy$11,165--$11,165
Payroll Taxes-$3,825-$3,825
Office Expenses$2,907--$2,907
Other Expenses$870-$5,195$870
All Other Expenses$372--$372
Advertising$339--$339
Depreciation Depletion$274--$274
Travel$161--$161
Total Functional Expenses$62,599$53,825$5,195$121,619

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$121,619
Total Expenses per Audited Statements$121,619
Total Expenses per Form 990$121,619
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
Fica Payable$516
Federal Withholding$173
Medicare Withholding$121
State Withholding$116
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 11B

“The president reviews the return before signing and presents to the board for their review.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
East Ardmore Revitalization Inc
EIN
92-1444059
Address
1405 4TH AVE NW BOX 286, ARDMORE, OK 73401

Signing Officer

Name
Terrick Washington
Title
President
Phone
5802224475
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terrick Washington
Formed
2022
Legal Domicile
Ok
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
5

Preparer

Firm
Jodie a Douglass CPA Inc
Address
11 SCOTT ST SW, ARDMORE, OK 73401
Preparer
Jodie Douglass Austin CPA
Phone
5802235122
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JODIE A DOUGLASS CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011 SCOTT ST SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARDMORE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd073401
ReturnHeader/PreparerPersonGrp/PhoneNum05802235122
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JODIE DOUGLASS AUSTIN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-09T11:40:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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