Oakwood Foundation Inc is located in Syracuse, IN. The organization was established in 1993. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. Oakwood 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 12/2023, Oakwood Foundation Inc generated $127.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $98.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL AND RECREATIONAL PROGRAMMING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Knecht President | 20 | $0 | |
Mary Moretto Treasurer | 5 | $0 | |
Larry Lane Secretary | 1 | $0 | |
Ann Strong Wade Director | 1 | $0 | |
Melissa Buesching Director | 2 | $0 | |
Kip Schumm Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,681 |
| Total Program Service Revenue | $19,144 |
| Membership dues | $0 |
| Investment income | $4,679 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,504 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $17,728 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,625 |
| Total expenses | $98,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $220,642 |
| Other assets | $0 |
| Total assets | $220,642 |
| Total liabilities | $0 |
| Net assets or fund balances | $220,642 |