Oriana Services Inc
- Assets
- $26.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Akron, OH
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 34-1842173
Organization Overview
Oriana Services Inc is located in Akron, OH. The organization was established in 1998. 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 the central organization for a national or regional group of organizations. Oriana Services 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, Oriana Services Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $865.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 9 years. 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
REAL ESTATE HOLDING FOR THE BENEFIT OF ORIANA HOUSE, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASING AND MAINTAINING REAL ESTATE AND FIXTURES FOR THE BENEFIT OF ORIANA HOUSE, INC. (34-1334919) UNDER THE SUPPORTING ORGANIZATION CLASSIFICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Rochford Treasurer | OfficerTrustee | 1 | $0 |
Michael Randle President | OfficerTrustee | 1 | $0 |
Mary Jones Secretary | OfficerTrustee | 1 | $0 |
Carl Ebner Director | OfficerTrustee | 1 | $0 |
Amy Corrigall-Jones Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,333 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,333 |
| Total Program Service Revenue | $2,274,323 |
| Investment income | $85,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$600,895 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,767,594 |
| 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. | $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 | $24,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,909 |
| Fees for services: Other | $1,382 |
| Advertising and promotion | $0 |
| Office expenses | $226 |
| 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 | $3,114 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $769,405 |
| Insurance | $0 |
| All other expenses | $51,059 |
| Total functional expenses | $865,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $317,660 |
| Savings and temporary cash investments | $137,160 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,511,351 |
| 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 | $8,453,704 |
| Investments—publicly traded securities | $2,666,602 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,086,477 |
| Accounts payable and accrued expenses | $18,965 |
| 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 | $180,556 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,000 |
| Total liabilities | $201,521 |
| Net assets without donor restrictions | $25,884,956 |
| 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 | $26,086,477 |
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