Ole is located in Anchorage, AK. The organization was established in 2007. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ole 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 06/2022, Ole generated $68.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $60.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OLE IS AFFILIATED WITH THE UNIVERSITY OF ALASKA ANCHORAGE AND OFFERS A VARIETY OF COURSES SPECIFICALLY DESIGNED FOR PEOPLE OVER THE AGE OF 50.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gretchen Bersch President | 2 | $0 | |
Sandra Christopherson Vice President | 2 | $0 | |
Kee Miner Secretary | 2 | $0 | |
Susan Hawkins Treasurer | 2 | $0 | |
Penelope Cordes Director | 0.5 | $0 | |
Edward Miner Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,174 |
Total Program Service Revenue | $1,459 |
Membership dues | $64,450 |
Investment income | $76 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $68,159 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $34,350 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $4,376 |
Other expenses | $22,212 |
Total expenses | $60,938 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $123,711 |
Other assets | $0 |
Total assets | $143,516 |
Total liabilities | $228 |
Net assets or fund balances | $143,288 |
Over the last fiscal year, we have identified 1 grants that Ole has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
Alaska Community Foundation Anchorage, AK PURPOSE: Operational Support | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Casa Latina Seattle, WA | $6,519,798 | $3,396,235 |
Adult Learning Programs Of Alaska Inc Of Alaska Inc Fairbanks, AK | $287,244 | $2,168,739 |
Careerworks Inc Seattle, WA | $374,714 | $2,124,184 |
Partner In Employment Seatac, WA | $919,989 | $1,599,497 |
Common Threads Farm Bellingham, WA | $966,574 | $1,251,132 |
Seattle Industry Foundation Seattle, WA | $120,630 | $1,031,802 |
Western Association Of College And University Business Officers Seattle, WA | $1,800,018 | $849,761 |
To Be Honest Seattle, WA | $70,047 | $358,244 |
Alaska Airmens Association Inc Anchorage, AK | $1,855,165 | $691,505 |
Institute For Workforce Development And Sustainability Olympia, WA | $339,491 | $588,266 |
Ileap Seattle, WA | $390,725 | $445,389 |
Greater Foundation Bellevue, WA | $429,716 | $708,000 |