Obx Inc
- Assets
- $0.0
- Revenue
- $497.5k
- Investments
- $9.7m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 04/1993
- Data as of
- 11/2020
- EIN
- 11-3089277
Organization Overview
Obx Inc is located in Palm Beach, FL. The organization was established in 1993. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Obx 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 11/2020, Obx Inc generated $497.5k in total revenue. All expenses for the organization totaled $434.4k during the year ending 11/2020. While expenses have increased by 25.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Obx Inc has awarded 58 individual grants totaling $1,840,055. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,958 |
| Dividends & Interest | $294,806 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $497,468 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $18,589 |
| Contributions, gifts, grants paid | $415,800 |
| Total expenses and disbursements | $434,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,203 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Obx Inc has awarded $1,008,455 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: CIVIC | $225,000 |
New York, NY PURPOSE: SCIENTIFIC | $168,425 |
Oyster Bay, NY PURPOSE: EDUCATION/LITERARY | $100,000 |
S T A N D PURPOSE: EDUCATION/LITERARY | $100,000 |
CONSERVATIVE PARTNERSHIP INSTITUTE PURPOSE: CIVIC | $50,000 |
BLEXIT PURPOSE: EDUCATION/LITERARY | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |