2019-05-20T13:41:55-07:00 2018-12-31 464019637 FSW&B CPAs PLLC 205 W Mc Elroy Stillwater OK 74075 990 2018-01-01 731456501 Woodward Community Foundation WOOD 5802567411 1006 Oklahoma Avenue Woodward OK 73801 CJ Montgomery Treasurer 2019-05-20 true PATRICIA SPENCER CPA P02162063 4056249500 2018 2019-02-21 02:37:17Z 1006 Oklahoma Avenue Woodward OK 73801 529189 false false X N/A To support community activities. 9 9 0 0 0 458661 529087 65 102 0 458726 529189 0 0 0 0 0 464210 505611 464210 505611 -5484 23578 173471 194102 3707 52 169764 194050 To support community activities. false false 500611 Supported and promoted community activities 500611 true true false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 9 0 true 0 false false false false false false false false false 0 false false false false false false false false false false false false X 9 9 false false false false false false false true false false false true true false false false false false false false X Woodward Community Foundation 5802567411 1006 Oklahoma Avenue Woodward OK 73801 X Cole Myers Past President 0.00 0.00 X 0 0 0 John Meinders President 0.00 0.00 X 0 0 0 CJ Montgomery Treasurer 0.00 0.00 X 0 0 0 Karla Wilson Secretary 0.00 0.00 X 0 0 0 Dwight Hughes Board Member 0.00 0.00 X 0 0 0 Melissa Washmon Vice President 0.00 0.00 X 0 0 0 Leah Barby Board Member 0.00 0.00 X 0 0 0 Destiny Howard Board Member 0.00 0.00 X 0 0 0 Lorne Clark Board Member 0.00 0.00 X 0 0 0 Austin Vanderwork Board Member 0.00 0.00 X 0 0 0 0 false false false 0 0 Program Service Revenue 529087 529087 529087 102 102 0 0 0 0 0 0 0 0 529189 529189 X 0 0 0 0 0 0 0 0 0 0 5000 5000 0 0 0 0 0 0 775 775 0 0 0 0 0 0 0 0 0 4869 4869 1634 1634 Premiums 343764 343764 Tri State Oil and Gas Conven 43234 43234 WW County Fair 26390 26390 WW Firefighter Extractor Fund 24220 24220 55725 55725 505611 500611 5000 0 145227 170801 11810 11912 0 0 0 0 0 0 1020 844 53031 42486 15414 10545 0 0 0 0 0 173471 194102 3706 51 1 1 3707 52 X 169764 194050 169764 194050 173471 194102 X 23578 706 2 X true X false true false X 531170 445634 351237 390639 464319 2182999 38624 36752 38242 58822 49468 221908 0 0 0 569794 482386 389479 449461 513787 2404907 0 0 2404907 259 52 53 65 102 531 0 259 52 53 65 102 531 0 27580 23960 9220 9200 15300 85260 597633 506398 398752 458726 529189 2490698 0.96560 0.96800 0.00020 0.00030 X 53031 42486 10545 10545 Rounding 1 1 X Part X : FIN48 Footnote The Woodward Community Foundation is a not-for-profit corporation organized under the laws of the State of Oklahoma and is exempt under Section 501(c)(3)of the Internal Revenue Code. As such, no provision has been made for federal or state income taxes. Both organizations are required to file and information return, IRS Form 990. In June 2006, the Financial Accounting Standards Board (FASB) released FASB Interpretation 48 (FIN 48) Accounting for Uncertainty in Income Taxes (currently FASB Accounting Standards Codification (ASC)740, Income Taxes), which requires extensive disclosures about uncertain income tax positions. This standard seeks to reduce the diversity in practice associated with certain aspects of the recognition and measurement related income taxes. The Chamber evaluates any uncertain tax positions using the provision of ASC 450, Contingencies. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of loss can be reasonably estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax posistion for all uncertain tax positions in the aggregate could differ from the amount recognized. The Chamber does not believe that it engaged in any activity that would result in an uncertain tax position. As a result, management does not believe that any uncertain tax positions currently exist and no loss contingency has been recognized in the accompanying financial statements.Federal and state income tax statutes dictate that tax returns filed in any of the three previous reporting periods remain open to examination. Currently the Chamber has no open examination with either the Internal Revuenue Service or state taxing authorities. The Chamber's policy is to record any income tax related penalites and interest incurred as operating expense. There were no income tax related penalites or interest included in the accompanying financial statements. Form 990, Part VI, Line 11b: Form 990 Review Process The governing body will review the Form 990 either prior to or after it is filed. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents are available to the public. Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Bud Nelson Scholarship Fund: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Building/Carport: Column (A) - Total = $797; Column (B) - Program Services = $797; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Centenial Park HndCp Playgroun: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Coach Peck Education Fund: Column (A) - Total = $107; Column (B) - Program Services = $107; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Contract Labor: Column (A) - Total = $17141; Column (B) - Program Services = $17141; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Friends of Histroic Ft. Supply: Column (A) - Total = $6798; Column (B) - Program Services = $6798; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Jr. Senator Reading Program: Column (A) - Total = $-51; Column (B) - Program Services = $-51; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Judge & Show Expenses: Column (A) - Total = $4306; Column (B) - Program Services = $4306; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Leadership WW Class: Column (A) - Total = $989; Column (B) - Program Services = $989; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Lights, Cords, & Cables: Column (A) - Total = $2850; Column (B) - Program Services = $2850; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Miscellaneous: Column (A) - Total = $11545; Column (B) - Program Services = $11545; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Resale Items: Column (A) - Total = $4580; Column (B) - Program Services = $4580; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Sales Tax: Column (A) - Total = $658; Column (B) - Program Services = $658; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Supplies: Column (A) - Total = $1645; Column (B) - Program Services = $1645; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Trophies & Awards: Column (A) - Total = $3660; Column (B) - Program Services = $3660; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses Woodward School Bond Issue: Column (A) - Total = $700; Column (B) - Program Services = $700; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Other Changes In Net Assets Or Fund Balances - Other Increases ROUNDING = $2