Oea Educational Foundation
- Assets
- $39.4k
- Revenue
- $57.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 07/2003
- Data as of
- 08/2021
- EIN
- 04-3618101
Organization Overview
Oea Educational Foundation is located in Columbus, OH. The organization was established in 2003. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oea Educational Foundation 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 08/2021, Oea Educational Foundation generated $57.3k in total revenue. All expenses for the organization totaled $26.8k during the year ending 08/2021. While expenses have increased by 85.8% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUNE 2021, THE FOUNDATION HELD A VIRTUAL FUNDRAISER IN LIEU OF AN ANNUAL IN PERSON GALA EVENT DUE TO COVID. THE EVENT WAS INTENDED TO BRING AWARENESS TO THE FOUNDATION. THERE WERE NO DIRECT EXPENSES TO THE FOUNDATION AS THE EVENT WAS VIRTUAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Higgins Board Member | 1 | $0 | |
Angel Dyer-Sanchez Board Member | 1 | $0 | |
Cassandra Daniels Board Member | 1 | $0 | |
Carol Kinsey Board Member | 1 | $0 | |
Cheryl Williams Board Member | 1 | $0 | |
Marchell Josie Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $57,234 |
| Interest on Savings | $27 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,261 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $118 |
| Total operating and administrative expenses | $2,720 |
| Contributions, gifts, grants paid | $24,104 |
| Total expenses and disbursements | $26,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,395 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,395 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Oea Educational Foundation has awarded $24,104 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
OHIO GOVERNORS IMAGINATION LIBRARY PURPOSE: EARLY CHILDHOOD LITERACY | $5,000 |
ANTHONY V SPANO FOUNDATION PURPOSE: SCHOOL SUPPLY FUND | $5,000 |
VINTON LOCAL TA PURPOSE: DIVERSITY GRANT | $3,000 |
SOUTHWEST LICKING EA PURPOSE: DIVERSITY GRANT | $3,000 |
NORTH COLLEGE HILL EA PURPOSE: DIVERSITY GRANT | $3,000 |
FAIRFIELD CLASSROOM TA PURPOSE: INNVOATION GRANT | $2,448 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oea Educational Foundation has recieved totaling $7,532.
| Awarding Organization | Amount |
|---|---|
Hoover Foundation Columbus, OH PURPOSE: GENERAL SUPPORT | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newton Services Foundation Inc Flint, MI | $3,036,249 | $10,428,739 |
Council For Adult And Experiental Learning Indianapolis, IN | $4,495,606 | $4,303,081 |
Van Andel Institute Graduate School Grand Rapids, MI | $1,492,760 | $4,853,861 |
Kelley Executive Education Foundation Inc Bloomington, IN | $1,125,624 | $3,371,150 |
Education And Training Connection Midland, MI | $2,969,193 | $3,353,333 |
Columbus Literacy Council Columbus, OH | $1,481,733 | $3,063,188 |
Evansville Plumbers Apprentice Training Trust Fund Evansville, IN | $3,497,630 | $2,319,217 |
Regional Learning Alliance Cranberry Township, PA | $11,928,887 | $1,971,731 |
Inforum Detroit, MI | $3,977,241 | $2,035,446 |
Beyond Literacy Philadelphia, PA | $1,866,568 | $2,112,475 |
West Michigan Center For Arts And Technology Grand Rapids, MI | $9,239,729 | $2,613,350 |
Ruah Woods Cincinnati, OH | $1,770,354 | $1,780,686 |