Connors Development Foundation Inc
- Assets
- $3.8m
- Revenue
- $782.0k
- Investments
- $2.5m
- Employees
- 0
- Location
- Warner, OK
- Founding
- 08/1980
- Data as of
- 06/2022
- EIN
- 73-1096349
Organization Overview
Connors Development Foundation Inc is located in Warner, OK. The organization was established in 1980. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connors Development Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Connors Development Foundation Inc generated $782.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $534.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BENEFIT CONNORS STATE COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER STUDENT ACTIVITIES - PROVIDED OPERATING FUNDS TO A VARIETY OF STUDENT RELATED PROGRAMS
SCHOLARSHIPS SUPPLEMENT STUDENT COSTS FOR SUCH EXPENSES AS ROOM, BOARD, TUITION, BOOKS AND RELATED PROGRAM EXPENSES, WHICH CONTRIBUTE TO STUDENT DEVELOPMENT
BASEBALL/SOFTBALL/BASKETBALL/RODEO/EQUINE/SHOOTING SPORTS/CHEERLEADING - PROVIDED STUDENT SCHOLARSHIPS, TRAVEL RELATED PROGRAM EXPENSE TO MAINTAIN A QUALITY ATHLETIC PROGRAM, CONTRIBUTING TO STUDENT DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Emerson Trustee | Trustee | 1 | $0 |
Jeff Mcpeak Trustee | Trustee | 1 | $0 |
Kacee Williams Trustee | Trustee | 1 | $0 |
Robert Ross Trustee | Trustee | 1 | $0 |
Terry Lockhart Trustee | Trustee | 1 | $0 |
Mike Rogers Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $760,727 |
| Noncash contributions included in lines 1a–1f | $15,556 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $760,727 |
| Total Program Service Revenue | $0 |
| Investment income | $21,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $782,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $484,820 |
| Grants and other assistance to domestic individuals. | $21,700 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,543 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,490 |
| Total functional expenses | $534,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,255,266 |
| Savings and temporary cash investments | $35,126 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,525,113 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,815,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $704,766 |
| Net assets with donor restrictions | $3,110,739 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,815,505 |