Schusterman Initiatives Inc
- Assets
- $1.8m
- Revenue
- $3.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 12/2006
- Data as of
- 12/2021
- EIN
- 20-5344753
Organization Overview
Schusterman Initiatives Inc is located in Tulsa, OK. The organization was established in 2006. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schusterman Initiatives 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 12/2021, Schusterman Initiatives Inc generated $3.9k in total revenue. All expenses for the organization totaled $1.4m during the year ending 12/2021.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
REALITY - ALUMNI ENGAGEMENT/PARTNERSHIPS: FUNDING FOR A SELECT FEW PARTNERSHIPS THAT REALITY ENGAGES WITH TO FURTHER A CONNECTION TO ISRAEL WITHIN THE NETWORK AND TO PROVIDE ADDITIONAL TRAVEL OPPORTUNITIES FOR PEOPLE LOOKING TO THOUGHTFULLY ENGAGE ON A GLOBAL LEVEL.
REALITY - ALUMNI ENGAGEMENT/CROSS NETWORK PROGRAM: FUNDING FOR NETWORK-WIDE IN PERSON AND VIRTUAL EXPERIENCES THAT REALITY USES TO ENGAGE THE ALUMNI NETWORK TO FURTHER THEIR CONNECTION TO ISRAEL, SCHUSTERMAN VALUES, AND LEADERSHIP DEVELOPMENT ON A LOCAL, NATIONAL AND GLOBAL LEVEL.
REALITY TRIPS/TRAVEL: REALTY IS AN EIGHT DAY IMMERSIVE ISRAEL EXPERIENCE FOR MILLENNIAL LEADERS WITH A CUSTOMIZED ITINERARY AND PROGRAM DESIGNED TO REFLECT THE BACKGROUND AND INTEREST OF THE GROUP. EACH TRIP FOCUSES ON EXPLORATION OF ONE'S CAPACITY FOR LEADERSHIP AND THE INDIVIDUAL IMPACT ON TODAY'S MOST PRESSING CHALLENGES WITH ISRAEL AS A COMPLEX AND MOTIVATING BACKDROP.
REALITY - ALUMNI ENGAGEMENT/SHABBAT PROGRAM: FUNDING TO SUPPORT A COMMUNITY DEDICATED TO COACHING AND LEADERSHIP ASSISTANCE THROUGH COLLABORATIVE GATHERINGS EMPOWERING INDIVIDUALS TO EXPAND THEIR NETWORK AND ADDRESS ISSUES AFFECTING LOCAL, NATIONAL, AND GLOBAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $63 |
| 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 | $3,879 |
| Total Revenue | $3,942 |
| 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 | $183,281 |
| Total operating and administrative expenses | $183,281 |
| Contributions, gifts, grants paid | $1,248,374 |
| Total expenses and disbursements | $1,431,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,811,845 |
| 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 | $1,811,845 |
| 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, Schusterman Initiatives Inc has awarded $1,248,374 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ROI COMMUNITY - ISRAEL PURPOSE: SUPPORT | $1,218,374 |
MENSCH PURPOSE: SUPPORT | $20,000 |
AUSTRALIAN JEWISH FUNDERS PURPOSE: SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Schusterman Initiatives Inc has recieved totaling $34,500.
| Awarding Organization | Amount |
|---|---|
Jewish Funders Network New York, NY PURPOSE: Z:WESTBURY | $34,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tenfold Bpo Colorado Springs, CO | $1,512,725 | $2,416,907 |
Iron Gate Inc Tulsa, OK | $11,231,140 | $2,664,818 |
Missions Resource Network Bedford, TX | $4,580,881 | $2,063,631 |
Schusterman Initiatives Inc Tulsa, OK | $1,811,845 | $3,942 |
Texas Christian Educational Foundation Inc Houston, TX | $3,507,628 | $1,666,291 |
Disciplenations Inc El Dorado, KS | $293,251 | $1,121,028 |
Young Catholic Professionals Dallas, TX | $810,022 | $1,118,843 |
Field Life Tomball, TX | $182,533 | $465,820 |
Christ Embassy Lewisville, TX | $113,474 | $528,118 |
Gaston Christian Center Dallas, TX | $4,871,470 | $697,659 |
Living Waters Christian Canoe Camp And Retreat Center Inc Overland Park, KS | $976,985 | $575,771 |
New Beginnings Title Holding Company Brenham, TX | $0 | $89,146 |