Osta Foundation Inc
- Assets
- $717.5k
- Revenue
- $90.9k
- Investments
- $616.2k
- Employees
- 0
- Location
- Yukon, OK
- Founding
- 01/2007
- Data as of
- 05/2024
- EIN
- 20-1728670
Organization Overview
Osta Foundation Inc is located in Yukon, OK. The organization was established in 2007. According to its NTEE Classification (I19) the organization is classified as: Support N.E.C., under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Osta 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 05/2024, Osta Foundation Inc generated $90.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $76.3k during the year ending 05/2024. While expenses have increased by 4.7% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
CHARITY TO THE PUBLIC FROM THE OK STATE TROOPERS ASSOC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS SCHOLARSHIPS ANNUALLY TO STUDENTS WHO ARE DEPENDENTS OF ACTIVE MEMBERS OF THE OSTA. ADDITIONALLY, THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENT CHILDREN AND WIDOWS OF OKLAHOMA HIGHWAY PATROL TROOPERS WHO ARE KILLED IN THE LINE OF DUTY.
GRANTS AND CONTRIBUTIONS TO OTHER ORGANIZATIONS
THE FOUNDATION PROVIDES SMALL STIPENDS TO OSTA MEMBERS OR FAMILY MEMBERS IN TIME OF NEED DUE TO DISASTERS OR UNFORESEEN MEDICAL EMERGENCIES.
THE FOUNDATION PROVIDES FUNDING FOR THE CADET LAWMAN ACADEMY. THIS ACADEMY PROVIDES OKLAHOMA HIGH SCHOOL JUNIORS WHO ARE RANKED IN THE TOP 10 PERCENT OF THEIR CLASS WITH A FIRST-HAND EXPERIENCE OF WHAT IT IS LIKE TO BE AN OKLAHOMA HIGHWAY PATROL TROOPER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Barenberg President | OfficerTrustee | 1 | $0 |
Randy Cox 1st Vice President | OfficerTrustee | 1 | $0 |
Trevor Flanagan 2nd Vice President | OfficerTrustee | 1 | $0 |
Kevin Crawford Secretary | OfficerTrustee | 1 | $0 |
Eric Albrecht Treasurer | OfficerTrustee | 1 | $0 |
Lisa Jorgenson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $55,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,632 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,632 |
| Total Program Service Revenue | $0 |
| Investment income | $20,239 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,600 |
| Grants and other assistance to domestic individuals. | $19,500 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $76,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,111 |
| Savings and temporary cash investments | $68,238 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $616,196 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $717,545 |
| 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 | $676,284 |
| Net assets with donor restrictions | $41,261 |
| 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 | $717,545 |
Grants Awarded
Over the last fiscal year, Osta Foundation Inc has awarded $41,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA HIGHWAY PATROL PURPOSE: FUNDING FOR CADET LAWMAN ACADEMY | $31,600 |
SPECIAL OLYMPICS PURPOSE: CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fremont County Finance Corporation Canon City, CO | $0 | $0 |
Oklahoma City Family Justice Center Inc Oklahoma City, OK | $4,205,900 | $2,522,944 |
Recovery Alliance Of Austin Austin, TX | $185,499 | $580,060 |
Center For Civic Values Albuquerque, NM | $282,574 | $284,264 |
Faith Based Security Network Inc Pratt, KS | $74,525 | $251,617 |
10-7 Outdoors Arlington, TX | $230,716 | $0 |
Osta Foundation Inc Yukon, OK | $717,545 | $90,871 |
Edmond Citizens Police Academy Alumni Association Edmond, OK | $36,737 | $0 |
Coreys Network Kansas City, MO | $21,685 | $0 |
National Law Enforcement Training Center Inc Kansas City, MO | $921 | $0 |
Pax Recovery Center Inc Lantana, TX | $46,599 | $0 |
Joshua Citizens Police Academy Alumni Association Joshua, TX | $30,930 | $0 |