Obsidians Inc
- Assets
- $568.7k
- Revenue
- $48.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Eugene, OR
- Founding
- 07/1938
- Data as of
- 12/2022
- EIN
- 93-6030170
Organization Overview
Obsidians Inc is located in Eugene, OR. The organization was established in 1938. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Obsidians 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 12/2022, Obsidians Inc generated $48.4k 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 (6.8%) each year. All expenses for the organization totaled $40.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTING OUR COMMUNITY TO THE MOUNTAINS, WATERS, AND TRAILS OF THE GREAT OUTDOORS THROUGH EXPLORATION, EDUCATION AND STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. TO EDUCATE THE GENERAL PUBLIC ABOUT THE PHYSICAL, BIOLOGICAL AND CULTURAL FEATURES OF THE MOUNTAINS, FORESTS, WATERWAYS AND TRAILS OF THE NORTHWEST AND MORE PARTICULARLY THE COUNTRY SURROUNDING THE UPPER WILLAMETTE VALLEY;2. TO AID AND ASSIST IN THE ACQUISITION OF PHYSICAL, BIOLOGICAL AND CULTURAL INFORMATION ABOUT THE NORTHWEST'S MOUNTAINS, FORESTS, WATERWAYS AND TRAILS;3. TO ENCOURAGE MEMBERS OF THE PUBLIC TO VISIT AND EXPLORE THE NORTHWEST'S MOUNTAINS AND FORESTS, TO EXPERIENCE AND EXPLORE THEM IN PERSON;4. TO ORGANIZE AND CONDUCT EDUCATIONAL TRIPS AND EXPEDITIONS FOR MEMBERS OF THE PUBLIC INTO THESE AREAS WITH THOSE WHO ARE KNOWLEDGEABLE IN GEOLOGY, BIOLOGY AND NATURAL HISTORY TO FURTHER THE PUBLIC'S UNDERSTANDING AND APPRECIATIONS OF THE NORTHWEST'S MOUNTAINS AND FORESTS; AND5. TO EDUCATE MEMBERS OF THE PUBLIC ABOUT THE IMPORTANCE OF DEVELOPING THEIR PHYSICAL AND MENTAL CAPACITIES AND IMPROVE THEIR PHYSIAL AND MENTAL HEALTH BY EXPLORING THESE AREAS.6. TO PROVIDE STEWARDSHIP OPPORTUNITIES TO THE GENERAL PUBLIC THAT HELP MAINTAIN LOCAL TRAILS, REMOVE INVASIVE SPECIES FROM SENSITIVE NATURAL AREAS, PLANT NATIVE SPECIES ON PUBLIC LAND AND ALONG WATERWAYS, AND REMOVE TRASH AND DEBRIS FROM OUR PUBLIC BEACHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maryanne Reiter President | OfficerTrustee | 1 | $0 |
Denise Rubenstein Secretary | OfficerTrustee | 2 | $0 |
Laura Osinga Vice President | OfficerTrustee | 1 | $0 |
Stewart Hoeg Treasurer | Officer | 2 | $0 |
Denise Bean Director | Trustee | 1 | $0 |
Angie Ruzicka Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,397 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,000 |
| Noncash contributions included in lines 1a–1f | $3,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,397 |
| Total Program Service Revenue | $9,100 |
| Investment income | $3,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,977 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $48,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $150 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,818 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,857 |
| Insurance | $8,604 |
| All other expenses | $5,144 |
| Total functional expenses | $40,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,541 |
| Savings and temporary cash investments | $28,657 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $304,773 |
| Investments—publicly traded securities | $181,748 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $568,719 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $130,286 |
| Net assets with donor restrictions | $438,433 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $568,719 |
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