Oklahoma Native Assets Coalition Inc

Organization Overview

Oklahoma Native Assets Coalition Inc is located in Oklahoma City, OK. The organization was established in 2014. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Oklahoma Native Assets Coalition Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Native Assets Coalition 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 12/2021, Oklahoma Native Assets Coalition Inc generated $939.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $866.2k during the year ending 12/2021. While expenses have increased by 33.6% 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 2019, Oklahoma Native Assets Coalition Inc has awarded 30 individual grants totaling $297,600. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION ASSISTS IN THE DEVELOPMENT AND SUPPORT OF A NETWORK OF NATIVE PEOPLE WHO ARE DEDICATED TO INCREASING THE SELF-SUFFICIENCY AND PROSPERITY OF THEIR COMMUNITIES. THIS IS BEING ACCOMPLISHED THROUGH COMPREHENSIVE FINANCIAL INITIATIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ADMINISTERS SEVEN PROGRAMS: 1) NATIVE ASSET BUILDER PROFESSIONAL DEVELOPMENT AND PROGRAM DEVELOPMENT (INCLUDING NATIVE BANK ON ONAC/NATIONAL GET BANKED INDIAN COUNTRY CAMPAIGN, FINANCIAL EDUCATION TRAIN-THE-TRAINERS, NATIONAL NATIVE CHILD TAX CREDIT OUTREACH, MULTIPLE NATIVE ASSET BUILDING RESEARCH PAPERS AND PRESENTATIONS, THE NATIONAL NATIVE EITC/VITA NETWORK, AND FUNDING OF BANK ON ACCOUNTS), 2) MINI GRANTS AND LARGER GRANTS TO FUND NATIVE ASSET BUILDING PROJECTS, 3) ESTABLISHING AND FUNDING EDUCATIONAL SAVINGS ACCOUNTS FOR AMERICAN INDIAN AND ALASKA NATIVE CHILDREN, 4) FUNDING EMERGENCY SAVINGS ACCOUNTS FOR NATIVE FAMILIES, 5) EMERGENCY CASH ASSISTANCE FOR NATIVE FAMILIES DURING THE PANDEMIC, 6) ONE-ON-ONE FINANCIAL COACHING, AND 7) DOWN PAYMENT ASSISTANCE. IN 2021, THE ORGANIZATION SERVED AN ESTIMATED 8,074 CONSTITUENTS WITH THE NATIVE ASSET BUILDER PROFESSIONAL DEVELOPMENT PROGRAM, MINI GRANTS, CHILDREN'S SAVINGS ACCOUNTS, EMERGENCY SAVINGS ACCOUNTS, EMERGENCY CASH ASSISTANCE, FINANCIAL COACHING, AND DOWN PAYMENT ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Christina Finsel
President
$0
Christy Estes
Treasurer
$0
Anna Knight
Vice President
$0
Cynthia Logsdon
Secretary
$0
Kelly Brame
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$425
Fundraising events$0
Related organizations$0
Government grants $99,817
All other contributions, gifts, grants, and similar amounts not included above$822,921
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$923,163
Total Program Service Revenue$0
Investment income $4,683
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $939,336

Grants Awarded

Over the last fiscal year, Oklahoma Native Assets Coalition Inc has awarded $190,200 in support to 19 organizations.

Grant RecipientAmount

PEOPLE'S PARTNER FOR COMMUNITY DEVELOPMENT

Org PageRecipient Profile

Lame Deer, MT

PURPOSE: SAVINGS ACCOUNTS & VITA PROGRAM

$15,700

WHITE EARTH INVESTMENT INITIATIVE

Org PageRecipient Profile

Ogema, MN

PURPOSE: VITA PROGRAM

$15,000

WHITE EARTH INVESTMENT INITIATIVE

Org PageRecipient Profile

Ogema, MN

PURPOSE: VITA PROGRAM

$15,000

PEOPLE'S PARTNER FOR COMMUNITY DEVELOPMENT

Org PageRecipient Profile

Lame Deer, MT

PURPOSE: VITA PROGRAM

$14,500

COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION OF THE TOHONO OODHAM NATION

Org PageRecipient Profile

Sells, AZ

PURPOSE: VITA PROGRAM

$10,000

YSLETA DEL SUR PUEBLO

PURPOSE: VITA PROGRAM

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Oklahoma Native Assets Coalition Inc has recieved totaling $129,129.

Awarding OrganizationAmount
Target Foundation

Minneapolis, MN

PURPOSE: FINANCIAL SECURITY

$100,000
Tides Foundation

San Francisco, CA

PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT

$20,000
Prosperity Now

Washington, DC

PURPOSE: TO PROMOTE THE ORGANIZATION'S MISSION & EXPAND ITS REACH TO THE UNDERSERVED POPULATION

$7,124
Elizabeth Bond Davis Foundation

Fairfield, CT

PURPOSE: GENERAL SUPPORT

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$228,827
Earnings$36,701
Other Expense$10
Ending Balance$265,518

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