O J Cloughly Educational Fdn
- Assets
- $3.3m
- Revenue
- $850.2k
- Investments
- $3.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 06/1970
- Data as of
- 06/2022
- EIN
- 43-6110578
Organization Overview
O J Cloughly Educational Fdn is located in Dallas, TX. The organization was established in 1970. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. O J Cloughly Educational Fdn 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, O J Cloughly Educational Fdn generated $850.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.7% each year . All expenses for the organization totaled $213.8k during the year ending 06/2022. While expenses have increased by 7.7% 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.
Since 2016, O J Cloughly Educational Fdn has awarded 17 individual grants totaling $800,711. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bank Of America Trustee | 1 | $40,889 | |
Jerry Blackwell Co-Trustee | 1 | $500 | |
Gary Torrence Co-Trustee | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,136 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $782,107 |
| Capital Gain Net Income | $782,107 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $850,243 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,889 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,910 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,771 |
| Total operating and administrative expenses | $53,370 |
| Contributions, gifts, grants paid | $160,426 |
| Total expenses and disbursements | $213,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,957 |
| 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 | $3,325,226 |
| 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, O J Cloughly Educational Fdn has awarded $160,426 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST LOUIS COLLEGE OF PHARMACY PURPOSE: UNRESTRICTED GENERAL | $128,341 |
Point Lookout, MO PURPOSE: UNRESTRICTED GENERAL | $32,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wiley College Marshall, TX | $47,591,110 | $22,498,532 |
Meadow Oaks Education Foundation Mesquite, TX | $6,337,401 | $20,503,410 |
Harold E Riley Foundation Fort Worth, TX | $357,850 | $584,984 |
Compass Rose Education Inc San Antonio, TX | $15,459,454 | $19,431,467 |
Three Oclock Project Baton Rouge, LA | $1,930,450 | $18,582,179 |
Athlos Louisiana Terrytown, LA | $4,119,183 | $17,119,142 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |