Oasis Center, Inc.
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$6,714,244.00
Projected Expenses
$6,714,244.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Oasis Center, Inc. IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $7,105,286.00 | $7,147,191.00 | $7,760,835.00 |
| Total Expenses | $6,582,214.00 | $5,277,233.00 | $7,075,437.00 |
| Revenue Less Expenses | $523,072.00 | $1,869,958.00 | $685,398.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $779,300.00 | $779,300.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $3,460,403.00 | $3,460,403.00 | $3,978,785.00 |
| Contributions, Gifts, and Grants | $2,742,060.00 | $2,742,060.00 | $2,595,911.00 |
| Indirect Public Support | $327,800.00 | $327,800.00 | $337,800.00 |
| Earned Revenue | $13,534.00 | $13,534.00 | $17,662.00 |
| Investment Income, Net of Losses | $-361,849.00 | $-361,849.00 | $695,093.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $92,927.00 | $134,832.00 | $5,000.00 |
| Revenue In-Kind | $0.00 | $0.00 | $41,439.00 |
| Other | $51,111.00 | $51,111.00 | $89,145.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $5,277,093.00 | $5,277,233.00 | $5,751,295.00 |
| Administration Expense | $889,240.00 | $1,346,886.00 | $989,269.00 |
| Fundraising Expense | $1,305,121.00 | $0.00 | $334,873.00 |
| Total Revenue/Total Expenses | 95% | 108% | 110% |
| Program Expense/Total Expenses | 71% | 80% | 81% |
| Fundraising Expense/Contributed Revenue | 17% | 0% | 5% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $3,460,403.00 | Government Grants $3,460,403.00 | Government Grants $3,978,785.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $2,742,060.00 | Contributions, Gifts, and Grants $2,742,060.00 | Contributions, Gifts, and Grants $2,595,911.00 |
| Third Highest Funding Source & Dollar Amount | Federal Government Grants $779,300.00 | Federal Government Grants $779,300.00 | Investment Income $695,093.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $8,507,294.00 | $8,507,294.00 | $8,797,706.00 |
| Current Assets | $1,925,959.00 | $1,532,708.00 | $1,224,021.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $383,828.00 | $383,828.00 | $1,197,312.00 |
| Total Net Assets | $8,507,294.00 | $8,123,466.00 | $7,600,394.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$34,975.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from the audited Financial Statements. Financial documents prepared by UHY Advisors, LLP. Comments provided by Hayley Sulfridge 6/18/24. |
