Mighty Oaks Foundation
- Assets
- $6.3m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 37
- Location
- Magnolia, TX
- Founding
- 11/2012
- Data as of
- 12/2023
- EIN
- 45-3159170
Organization Overview
Mighty Oaks Foundation is located in Magnolia, TX. The organization was established in 2012. According to its NTEE Classification (F70) the organization is classified as: Mental Health Disorders, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Mighty Oaks Foundation employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mighty Oaks Foundation 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, Mighty Oaks Foundation generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 44.2% each year . All expenses for the organization totaled $9.6m during the year ending 12/2023. 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
FOCUS ON DEALING WITH THE COMBAT TRAUMA AND FAMILY SUPPORT FOR RETURNING VETERANS AND FIRST RESPONDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR SIX DAY RESILIENCY AND COMBAT TRAUMA REINTEGRATION PROGRAM UTILIZES A UNIQUE NON-CLINICAL METHODOLOGY THAT IS SUCCESSFUL IN EQUIPPING VETERANS AND FIRST RESPONDERS TO FACE AND RECOVER FROM THE RIGORS ASSOCIATED WITH COMBAT, MILITARY, AND LAW ENFORCEMENT SERVICE SUCH AS PTSD. THE PROGRAM TEACHES PARTICIPANTS HOW TO FIGHT THROUGH CHALLENGES THAT STIFLE PERSONAL SUCCESS THROUGH INTENSIVE PEER-BASED INSTRUCTION IN A CONFIDENTIAL AND OPEN ENVIRONMENT. THE COMARADERIE PARTICIPANTS EXPERIENCE IN THE VARIOUS RECREATIONAL ACTIVITIES TRIGGERS GROWTH AND RECOVERY. THOSE WHO COMPLETE THE PROGRAM HAVE THE SKILLS AND ACCOUNTIBILITY TO CALIBRATE THEIR LIVES AND BE THE WARRIORS AND LEADERS THEY HAVE WITHIN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Robichaux President | OfficerTrustee | 40 | $281,017 |
Jeremy Stalnecker CEO | OfficerTrustee | 40 | $211,344 |
Michael Hanson COO | OfficerTrustee | 40 | $171,437 |
William Cameron Marketing Officer | OfficerTrustee | 40 | $155,313 |
Ian Hunter COO | Officer | 40 | $136,451 |
Tommy Fordyce Chief Projects Officer | Officer | 40 | $133,250 |
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 | $8,682,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,682,535 |
| Total Program Service Revenue | $0 |
| Investment income | $113,612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $374,904 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $119,771 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,371,669 |
| 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. | $1,100,665 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,582,829 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $332,769 |
| Payroll taxes | $195,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $42,416 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,123,993 |
| Advertising and promotion | $331,876 |
| Office expenses | $162,993 |
| Information technology | $0 |
| Royalties | $324 |
| Occupancy | $133,466 |
| Travel | $1,282,458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $164,072 |
| Interest | $29,483 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,136 |
| Insurance | $33,890 |
| All other expenses | $2,590,796 |
| Total functional expenses | $9,556,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $666,349 |
| 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 | $176,522 |
| Prepaid expenses and deferred charges | $116,811 |
| Net Land, buildings, and equipment | $2,065,791 |
| Investments—publicly traded securities | $3,309,293 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,334,766 |
| Accounts payable and accrued expenses | $212,072 |
| 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 | $712,883 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $924,955 |
| Net assets without donor restrictions | $4,696,840 |
| Net assets with donor restrictions | $712,971 |
| 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 | $6,334,766 |
Grants Awarded
Over the last fiscal year, Mighty Oaks Foundation has awarded $0 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SOUL SURVIVOR OUTDOOR PURPOSE: PROGRAM SUPPORT | $0 |
RAVEN GROUP INTERNATIONAL PURPOSE: INTENATIONAL ASSISTANCE | $0 |
SAVE OUR ALLIES PURPOSE: DOMESTIC ASSISTANCE | $0 |
LIBERTY AVIATION | | | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mighty Oaks Foundation Magnolia, TX | $6,334,766 | $9,371,669 |
Form Communities Inc San Antonio, TX | $867,058 | $3,479,657 |
Re Mind Houston, TX | $1,859,183 | $1,347,636 |
Missing Piece Inc Sulphur, LA | $147,168 | $1,131,057 |
Big Silence Foundation Inc Austin, TX | $2,138 | $400,405 |
Blue Skye Foundation Santa Fe, NM | $498,988 | $356,937 |
Tourette Association Of America Inc Richmond, TX | $96,305 | $171,674 |
Depression Connection For Recovery Fort Worth, TX | $34,207 | $0 |
Grace And Brian Loncar Foundation Dallas, TX | $171,119 | $123,203 |
Therapeutic Recreation Group Leander, TX | $49,121 | $0 |
Dream Big - Psp Counseling Fort Worth, TX | $7,845 | $0 |
Lifeinsight Houston, TX | $151 | $0 |
National Foundation For Brain Health Inc Dallas, TX | $46,139 | $2,299 |
William Anton Auberty Family Foundation Dallas, TX | $14,194 | $4 |