Spot 31 Inc
How we got $350K
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Spot 31, Inc. is a Tulsa charitable organization formed in 2014 by Hope United Methodist Church to serve children and youth in the eastside Tulsa neighborhood. It grew out of a weekly meal and gathering for neighborhood children.
From the company's website. Industry: Churches & nonprofits.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SPOT 31 INC this business | $350K | — |
| HOPE UNITED METHODIST CHURCH, INCORPORATED Tulsa · 5 employees | $623K | 0.0 mi |
| LOVE & DELIVERANCE FAMILY CHURCH INC. Tulsa · 10 employees | $1.4M | 0.4 mi |
| THE JOURNEY: A NEW GENERATION CHURCH OF CHRIST Tulsa · 6 employees | $960K | 0.4 mi |
| GARNETT ASSEMBLY OF GOD CHURCH Tulsa · 3 employees | $387K | 0.8 mi |
| CHRISTVIEW CHRISTIAN CHURCH Tulsa · 3 employees | $519K | 0.9 mi |
| CHURCH 3434, INC Tulsa · 7 employees | $767K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $822K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $350K |
| Estimate: the two combined (geometric mean) | $350K |
| EBITDA margin (industry, adjusted for size) | 42% |
| EBITDA = revenue × margin | $149K |
Calibrated: revenue lowered to 57% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Revenue range | $230K – $399K |
| EBITDA range | $98K – $169K |
| Industry (NAICS) | Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingArvest BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Arvest Bank PPP 2020, PPP 2021 | All 5,114 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $9K | 5 |
| 3/26/2021 | second | $12K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Spot 31 Inc
Spot 31 Inc is a churches & nonprofits company in Tulsa, Oklahoma, in business since 2013. Its estimated annual revenue is about $350K, with roughly $149K of EBITDA. It has about 5 employees.
Common questions
- Who owns Spot 31 Inc?
- The owner of Spot 31 Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Spot 31 Inc make?
- SeeBITDA estimates Spot 31 Inc's annual revenue at about $350K (likely between $230K and $399K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- How many employees does Spot 31 Inc have?
- About 5, as reported on its PPP loan.
- When was Spot 31 Inc founded?
- Spot 31 Inc has been in business since 2013.