The Difference Principle Foundation
- Assets
- $83.6k
- Revenue
- $2.3k
- Investments
- $77.2k
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 05/2005
- Data as of
- 12/2021
- EIN
- 20-2379220
Organization Overview
The Difference Principle Foundation is located in Tulsa, OK. The organization was established in 2005. According to its NTEE Classification (H40) the organization is classified as: Diseases of Specific Organs Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Difference Principle Foundation 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 12/2021, Difference Principle Foundation generated $2.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Okada Director | 0 | $0 | |
Car0lyn Okada Director | 0 | $0 | |
Robert D Okada MD Director | 1 | $0 | |
Christine C Okada Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,326 |
| 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 | $2,326 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $173 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $703 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $2,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,446 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| 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 | $83,598 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, The Difference Principle Foundation has awarded $2,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NAME WH DUE TO MEDICAL REASONS - ES PURPOSE: MEDICAL EXPENSES NOT COVERED BY INSURANCE | $500 |
NAME WH DUE TO MEDICAL REASONS - BB PURPOSE: MEDICAL EXPENSES NOT COVERED BY INSURANCE | $500 |
NAME WH DUE TO MEDICAL REASONS - JC PURPOSE: MEDICAL EXPENSES NOT COVERED BY INSURANCE | $500 |
NAME WH DUE TO MEDICAL REASONS - EN PURPOSE: MEDICAL EXPENSES NOT COVERED BY INSURANCE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Psoriasis Council St Charles, MO | $3,483,069 | $1,622,529 |
Community Mercantile Educational Foundation Inc Lawrence, KS | $87,385 | $0 |
L-Cmd Research Foundation Houston, TX | $1,424,267 | $1,461,243 |
The Difference Principle Foundation Tulsa, OK | $83,598 | $2,326 |
Foundation For Advances In Therapeutics And Prevention Webster, TX | $858,829 | $93,497 |
Hrdl Inc San Antonio, TX | $90,428 | $0 |