Oakdale Foundation
- Assets
- $2.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 41
- Location
- Waterford, MI
- Founding
- 04/2012
- Data as of
- 06/2022
- EIN
- 45-2662046
Organization Overview
Oakdale Foundation, operating under the name Oakdale Academy, is located in Waterford, MI. The organization was established in 2012. According to its NTEE Classification (V11) the organization is classified as: Single Organization Support, under the broad grouping of Social Science and related organizations. As of 06/2022, Oakdale Academy employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oakdale Academy 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, Oakdale Academy generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 3.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF OAKDALE FOUNDATION IS TO PROVIDE FUNDING AND OTHER RESOURCES NECESSARY TO FURTHER THE MISSION OF OAKDALE ACADEMY: TO INSTILL CHARACTER, TRUTH, AND WISDOM IN OUR STUDENTS IN SUCH A WAY THAT WHEN THEY LEAVE US AT GRADUATION, THEY ARE TRULY PREPARED FOR A LIFE OF SERVICE TO GOD, COUNTRY, COMMUNITY, AND FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OAKDALE FOUNDATION, THROUGH ITS ACADEMY, STRIVES TO DEVELOP WITHIN ITS STUDENTS THE INTELLECTUAL AND PERSONAL HABITS AND SKILLS UPON WHICH RESPONSIBLE AND PRODUCTIVE LIVES ARE BUILT, IN THE FIRM BELIEF THAT SUCH LIVES ARE THE BASIS OF A FREE AND JUST SOCIETY. OAKDALE ACADEMY HELPS GUIDE STUDENTS IN THE DEVELOPMENT OF THEIR CHARACTER AND ACADEMIC POTENTIAL THROUGH ACADEMICALLY RIGOROUS, CONTENT-RICH EDUCATIONAL PROGRAMS AND EXTRACURRICULAR ACTIVITIES. THE LIBERAL ARTS CURRICULUM DIRECTS STUDENT ACHIEVEMENT TOWARD MASTERY OF THE BASICS, EXPLORATION OF THE ARTS AND SCIENCES, AND AN UNDERSTANDING THE FOUNDATIONAL PRINCIPLES OF OUR JUDEO-CHRISTIAN AND GRECO-ROMAN HERITAGE. THE CURRICULUM, BY PURPOSE AND DESIGN, IS A COMBINATION OF THE BEST SPIRITUAL, INTELLECTUAL AND CULTURAL TRADITIONS, DEVELOPED AND REFINED OVER COUNTLESS GENERATIONS, TO RETURN OUR STUDENTS TO THE GREAT EDUCATIONAL HERITAGE OF THE WEST.
EXTRACURRICULAR STUDENT ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Stanton Headmaster | 40 | $137,800 | |
Richard Tuttle Jr Secretary | OfficerTrustee | $0 | |
Michael F Sias Chairman | OfficerTrustee | $0 | |
Thomas Mcmillin Treasurer | OfficerTrustee | $0 | |
Joel Dorfman Director | Trustee | $0 | |
Julie Johnson Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,815 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,815 |
| Total Program Service Revenue | $1,409,152 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $212,718 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,740,685 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $139,776 |
| 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 | $886,976 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $69,057 |
| Payroll taxes | $70,552 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,909 |
| Advertising and promotion | $1,038 |
| Office expenses | $25,691 |
| Information technology | $12,222 |
| Royalties | $0 |
| Occupancy | $127,980 |
| Travel | $1,654 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,953 |
| Interest | $17,991 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,438 |
| Insurance | $15,067 |
| All other expenses | $10,917 |
| Total functional expenses | $1,492,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,097,687 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,500 |
| Net Land, buildings, and equipment | $971,010 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $16,909 |
| Other assets | $0 |
| Total assets | $2,088,106 |
| Accounts payable and accrued expenses | $33,037 |
| Grants payable | $0 |
| Deferred revenue | $703,792 |
| 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 | $821,250 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,655 |
| Total liabilities | $1,559,734 |
| Net assets without donor restrictions | $0 |
| 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 | $51,150 |
| Retained earnings, endowment, accumulated income, or other funds | $477,222 |
| Total liabilities and net assets/fund balances | $2,088,106 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oakdale Foundation has recieved totaling $923.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $923 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Fellowship Foundation Wheeling, WV | $8,920,250 | $3,591,347 |
Missouri Corporation For Science And Technology Jefferson City, MO | $62,323,111 | $12,167,052 |
Civil-Military Innovation Institute Inc Morgantown, WV | $1,739,011 | $5,516,211 |
Keystone Research Center Inc Harrisburg, PA | $1,512,492 | $5,025,316 |
Research For Action Inc Philadelphia, PA | $5,562,128 | $5,214,535 |
Midwestern Higher Education Commission Minneapolis, MN | $6,945,692 | $5,714,621 |
Institute For Political Innovation Chicago, IL | $417,684 | $4,208,073 |
Patriotic Republic Chicago, IL | $3,805,673 | $272,368 |