Oak Grove Institute Foundation Inc
- Assets
- $36.2m
- Revenue
- $24.5m
- Investments
- $993.7k
- Employees
- 440
- Location
- Murrieta, CA
- Founding
- 09/1992
- Data as of
- 12/2023
- EIN
- 33-0470446
Organization Overview
Oak Grove Institute Foundation Inc is located in Murrieta, CA. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2023, Oak Grove Institute Foundation Inc employed 440 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Grove Institute 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 12/2023, Oak Grove Institute Foundation Inc generated $24.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $22.6m during the year ending 12/2023. While expenses have increased by 3.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND RESIDENTIAL FACILITIES FOR CHILDREN WITH NEUROLOGICAL PROBLEMS, LEARNING DISABILITIES, AND SOCIAL & EMOTIONAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OAK GROVE INSTITUTE FOUNDATION (OAK GROVE) OPERATES RESIDENTIAL AND EDUCATIONAL FACILITIES FOR CHILDREN SUFFERING FROM SEVERE EMOTIONAL TRAUMA AND DISABILITIES. DURING THE YEAR COVERED, OAK GROVE PROVIDED 21,950 DAYS OF CARE.
OAK GROVE OPERATES A NON-PUBLIC SCHOOL THAT PROVIDES EDUCATION TO EMOTIONALLY DISTURBED CHILDREN WHO REQUIRE AN INDIVIDUALLY DESIGNED CURRICULUM. DURING THE YEAR COVERED, THE SCHOOL PROVIDED 21,128 DAYS OF ATTENDANCE.
WRAPAROUND PROGRAM IS A COMMUNITY-BASED IN-HOME INTERVENTION SERVICES THAT RECOGNIZE THE UNIQUE STRENGTHS AND NEEDS OF THE CHILDREN OR YOUTH AND FAMILY AND INCLUDES THE DELIVERY OF COORDINATED SERVICES TO ADDRESS THOSE NEEDS. THE PROGRAM TARGETS CHILDREN WITH SIGNIFICANT MENTAL HEALTH AND/OR BEHAVIORAL ISSUES WHO ARE RIVERSIDE COUNTY DEPENDENTS AGES 18 AND UNDER WHO ARE TRANSITIONING HOME, OR TO A HOME-LIKE SETTING, FROM RESIDENTIAL-BASED SERVICES OR WHO ARE AT RISK OF REQUIRING PLACEMENT FROM RESIDENTIAL PLACEMENT (I.E. GROUP HOME) TO A HIGHER LEVEL OF CARE. DURING THE YEAR, OAK GROVE PROVIDED 18,874 DAYS OF CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Soper Chairman | OfficerTrustee | 1 | $0 |
Sonya Linden Vice Chairman | OfficerTrustee | 1 | $0 |
Alyson Drago Secretary (end 5/23) | OfficerTrustee | 1 | $0 |
Karen Locklin Board Member/secretary (trans 5/23) | OfficerTrustee | 1 | $0 |
Adam Bouvet Board Member | Trustee | 1 | $0 |
Hemant Chhatrala Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fred Dowalter Construction | 12/30/22 | $427,135 |
Todoc Medical Association Medical Professional | 12/30/22 | $117,325 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $108,453 |
| Related organizations | $0 |
| Government grants | $11,487,742 |
| All other contributions, gifts, grants, and similar amounts not included above | $594,427 |
| Noncash contributions included in lines 1a–1f | $38,232 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,190,622 |
| Total Program Service Revenue | $11,366,424 |
| Investment income | $695,122 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $84,722 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,450,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $790,929 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $500,549 |
| Compensation of current officers, directors, key employees. | $500,549 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,585,492 |
| Pension plan accruals and contributions | $79,325 |
| Other employee benefits | $1,322,879 |
| Payroll taxes | $1,107,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $71,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $891,955 |
| Advertising and promotion | $35,997 |
| Office expenses | $407,063 |
| Information technology | $143,866 |
| Royalties | $0 |
| Occupancy | $625,651 |
| Travel | $307,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81,039 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $858,538 |
| Insurance | $137,979 |
| All other expenses | $151,581 |
| Total functional expenses | $22,638,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,359,091 |
| Savings and temporary cash investments | $11,704,726 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,302,655 |
| 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 | $200,231 |
| Net Land, buildings, and equipment | $12,357,586 |
| Investments—publicly traded securities | $5,343,703 |
| Investments—other securities | $993,731 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $922,597 |
| Total assets | $36,184,320 |
| Accounts payable and accrued expenses | $1,752,325 |
| 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 | $971,383 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $902,766 |
| Total liabilities | $3,626,474 |
| Net assets without donor restrictions | $32,557,846 |
| Net assets with donor restrictions | $0 |
| 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 | $36,184,320 |