Omashate Foundation Inc is located in Englewood, CO. The organization was established in 2018. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omashate 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, Omashate Foundation Inc generated $10.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $3.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 6 years. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES GRANTS TO OTHER QUALIFIED CHARITABLE ORGANIZATIONS WITH THE MISSION OF ENDING CHILDHOOD HUNGER.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Wright President | 1 | $0 | |
Will Wagner Secretary | 1 | $0 | |
Beverly Wright Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $0 |
| 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 | $10,000 |
| 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 | $361 |
| Total operating and administrative expenses | $361 |
| Contributions, gifts, grants paid | $3,500 |
| Total expenses and disbursements | $3,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,550 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $1,500 |
| 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 | $24,050 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,500 |
| 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 | $1,500 |
Over the last fiscal year, Omashate Foundation Inc has awarded $3,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MAUI FOOD BANK PURPOSE: BACK PACK BUDDIES PROGRAM | $1,000 |
PARTNERSHIP WITH NATIVE AMERICANS PURPOSE: GARDEN HEALTHY FOOD ACCESS PROGRAM | $500 |
KINSHIP HEALS PURPOSE: FOOD EQUITY AND SOVEREIGNTY TRADITIONS PROGRAM | $500 |
CHERRY CREEK SCHOOL FOUNDATION PURPOSE: SUPPORT OF MOBILE FOOD MARKET | $500 |
ISLAND GROWN INITIATIVE PURPOSE: SUMMER LUNCH PROGRAM | $1,000 |