Oasis Institute
- Assets
- $808.5k
- Revenue
- $718.3k
- Investments
- $0.0
- Employees
- 11
- Location
- Albuquerque, NM
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 32-0081580
Organization Overview
Oasis Institute is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Oasis Institute employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Oasis Institute 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, Oasis Institute generated $718.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $653.2k during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH THE LIVES OF MATURE ADULTS THROUGH LIFELONG LEARNING AND SERVICE OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - ALBUQUERQUE OASIS OFFERS COURSES AND PRESENTATIONS ACROSS A WIDE RANGE OF SUBJECTS, INCLUDING THE ARTS, SCIENCE, HUMANITIES, WELLNESS/HEALTH, MUSICAL PERFORMANCES, AS WELL AS HIKES AND WALKS. DURING 2021 AND DUE TO THE CONTINUATION OF THE COVID-19 PANDEMIC, OFF-SITE OFFERINGS, MUSICAL PERFORMANCES, AND DAY TRIPS WERE CURTAILED. EDUCATIONAL OFFERINGS CONTINUED TO BE PROVIDED THROUGH A VARIETY OF METHODS - ONLINE USING THE ZOOM PLATFORM, IN-PERSON WHEN PUBLIC HEALTH GUIDELINES ALLOWED, AND THROUGH A HYBRID MODEL (BOTH IN-PERSON AND ON ZOOM AT THE SAME TIME). ALBUQUERQUE OASIS SCHEDULES APPROXIMATELY 120 TO 160 EDIFYING TOPICS EACH TRIMESTER THAT ARE TAUGHT BY QUALIFIED ACADEMIC AND PROFESSIONAL INSTRUCTORS. (CONTINUED ON SCH O)IN 2021 AND 2020, ALBUQUERQUE OASIS OFFERED 423 AND 380 CLASSES AND ENROLLED 1,994 AND 2,684 UNIQUE PARTICIPANTS, RESPECTIVELY.
VOLUNTEER SERVICE - ALBUQUERQUE OASIS WORKS WITH THE ALBUQUERQUE PUBLIC SCHOOL DISTRICT, BELEN CONSOLIDATED SCHOOLS, AND THE BERNALILLO PUBLIC SCHOOL DISTRICT TO OFFER THE OASIS INTERGENERATIONAL TUTORING PROGRAM. THIS PROGRAM TRAINS AND MATCHES VOLUNTEER TUTORS WITH PRIMARY GRADE CHILDREN (K-4) TO BUILD READING SKILLS, CONFIDENCE AND POSITIVE ATTITUDES TOWARD READING AND LEARNING. DURING THE 2020-2021 SCHOOL YEAR, ALL TUTORING WAS DONE ONLINE USING THE GOOGLE MEETS PLATFORM. 90 VOLUNTEERS WERE RETRAINED AND 20 NEW VOLUNTEERS WERE TRAINED IN BOTH HOW TO USE GOOGLE MEETS AND THE OASIS SIX-STEP LITERACY APPROACH. 125 STUDENTS WERE HELPED DURING THE SCHOOL YEAR. AS THE 2021-2022 SCHOOL YEAR BEGAN, TUTORS WERE ABLE TO RETURN TO IN-PERSON VOLUNTEERING. IN 2021 AND 2020, 360 AND 620 VOLUNTEERS, RESPECTIVELY, SERVED THE ALBUQUERQUE COMMUNITY THROUGH ALBUQUERQUE OASIS. THE SIGNIFICANT DECLINE IS DUE TO THE LOW NUMBER OF VOLUNTEER TUTORS WILLING TO TRANSITION TO ONLINE TUTORING/MENTORING.
HEALTH - ALBUQUERQUE OASIS FOCUSES ON INCREASING AWARENESS, KNOWLEDGE AND SKILLS FOR OLDER ADULTS TO ADDRESS THEIR INDIVIDUAL HEALTH AND WELLNESS NEEDS. THE CLASSES EMPHASIZE CURRENT RESEARCH ON AGING, FALLS PREVENTION, PHYSICAL ACTIVITIES AND EXERCISE, AS WELL AS OTHER HEALTH ISSUES FACING OLDER ADULTS. IN 2021, ALBUQUERQUE OASIS OFFERED A VARIETY OF ONLINE EXERCISE CLASSES, MANY OF WHICH ARE EVIDENCE-BASED, THROUGH THE ZOOM ONLINE PLATFORM TO COMPLY WITH PUBLIC HEALTH GUIDELINES.
TECHNOLOGY LITERACY - ALBUQUERQUE OASIS PROVIDES A VARIETY OF TECHNOLOGY CLASSES FOR ITS PARTICIPANTS TO ASSIST OLDER ADULTS IMPROVE THEIR TECHNOLOGY LITERACY. THIS EVIDENCE-BASED CONNECTIONS CURRICULUM, DEVELOPED AND UPDATED ON AN ON-GOING BASIS BY THE OASIS INSTITUTE, INCLUDES TOPICS SUCH AS ANDROID AND IPHONE BASICS AND INTERMEDIATE PHONE SKILLS AND CYBERCRIME FIGHTERS, WHICH PROVIDES INFORMATION ON SCAMS, PHISHING AND PASSWORD PROTECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Raskob Executive Director | Officer | 40 | $93,108 |
Bret Heinrich Vice Chair | OfficerTrustee | 1 | $0 |
Anne Sapon Secretary | OfficerTrustee | 1 | $0 |
William Bill Willis MD Treasurer | OfficerTrustee | 1 | $0 |
Lorna M Wiggins Chairman | OfficerTrustee | 1 | $0 |
Wei-Ann Bay MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $331,345 |
| All other contributions, gifts, grants, and similar amounts not included above | $183,608 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $514,953 |
| Total Program Service Revenue | $195,060 |
| Investment income | $8,312 |
| 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 | $718,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,589 |
| Compensation of current officers, directors, key employees. | $16,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $210,271 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,057 |
| Payroll taxes | $23,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,103 |
| Advertising and promotion | $980 |
| Office expenses | $31,916 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,627 |
| Travel | $448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $282 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,858 |
| Insurance | $4,267 |
| All other expenses | $21,312 |
| Total functional expenses | $653,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,976 |
| Savings and temporary cash investments | $50,463 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $5,850 |
| 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 | $7,690 |
| Net Land, buildings, and equipment | $113,701 |
| Investments—publicly traded securities | $388,955 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $184,860 |
| Total assets | $808,495 |
| Accounts payable and accrued expenses | $61,721 |
| Grants payable | $0 |
| Deferred revenue | $37,309 |
| 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 | $4,652 |
| Total liabilities | $103,682 |
| Net assets without donor restrictions | $631,082 |
| Net assets with donor restrictions | $73,731 |
| 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 | $808,495 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Oasis Institute has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Nextfifty Initiative Denver, CO PURPOSE: REDUCING SOCIAL ISOLATION THROUGH LIFELONG LEARNING, HEALTH, AND VOLUNTEERISM | $25,000 |
Albuquerque Community Foundation Albuquerque, NM PURPOSE: ACF GRANT | $25,000 |
Peer Organizations
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|---|---|---|
Emmaus Calling Inc Lakeway, TX | $218,351,213 | $38,962,126 |
Area Agency On Aging Region One Incorporated Phoenix, AZ | $20,334,219 | $38,412,919 |
Pima Council On Aging Inc Tucson, AZ | $10,290,205 | $15,552,044 |
Meals On Wheels San Antonio San Antonio, TX | $27,309,681 | $16,724,194 |
Fsl Programs Phoenix, AZ | $5,562,893 | $15,840,626 |
Emmaus Calling Inc Lakeway, TX | $45,836,592 | $11,808,839 |
Family Eldercare Inc Austin, TX | $6,307,205 | $12,221,566 |
Emmaus Calling Inc San Antonio, TX | $26,045,542 | $7,500,722 |
Amarillo Multiservice Center For The Aging Inc Amarillo, TX | $23,928,712 | $11,188,405 |
Silver Key Senior Services Colorado Springs, CO | $13,456,104 | $8,397,518 |
Fsl Pathways Phoenix, AZ | $5,868,653 | $8,387,285 |
Areawide Aging Agency Inc Oklahoma City, OK | $2,672,827 | $7,157,983 |