Foundation For Economic Prosperity Inc
- Assets
- $344.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 07/2014
- Data as of
- 12/2020
- EIN
- 46-5333489
Organization Overview
Foundation For Economic Prosperity Inc is located in Oklahoma City, OK. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Economic Prosperity Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Foundation For Economic Prosperity Inc generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (67.5%) each year. All expenses for the organization totaled $4.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
HOSTED EVENTS AND ENGAGED CONSULTANTS TO PROVIDE INFORMATION ON REGULATORY REFORM ISSUES RELATING TO POLICIES CONSISTENT WITH THE ORGANIZATION'S EXEMPT PURPOSE, INCLUDING EVENTS TO EDUCATE DONORS AND PROSPECTIVE DONORS WITH ISSUE BRIEFINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Richardson Director & Pres | 2 | $0 | |
Jeri Richardson Director/treas | 0.25 | $0 | |
Karma Robinson Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,319 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,105 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,604 |
| Total expenses | $4,709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $344 |
| Other assets | $0 |
| Total assets | $344 |
| Total liabilities | $0 |
| Net assets or fund balances | $344 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Economic Prosperity Inc has recieved totaling $250,000.
| Awarding Organization | Amount |
|---|---|
Catalyst Oklahoma Inc Edmond, OK PURPOSE: general operations | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Oklahoma Regional Disposal Inc Ardmore, OK | $26,583,430 | $8,747,101 |
Refuge For Dmst Austin, TX | $8,762,673 | $5,480,979 |
Journey To New Life Inc Kansas City, MO | $2,130,182 | $5,937,979 |
Tom And Judy Love Foundation Oklahoma City, OK | $25,645,050 | $2,597,711 |
Las Campanas Water And Sewer Cooperative Santa Fe, NM | $20,840,511 | $2,681,425 |
Virginia Clay Dorman Foundation Fort Worth, TX | $16,953,466 | $1,907,233 |
National Association For Public Defense Inc Denver, CO | $459,482 | $1,119,408 |
Linda Hall Library Foundation Kansas City, MO | $2,032,443 | $752,725 |
Arkansas Justice Collective Springdale, AR | $465,540 | $883,809 |
Extended Hands Of Hope Broomfield, CO | $306,089 | $434,072 |
Gateway Center For The Performing Arts Association Webster Groves, MO | $59,726 | $624,462 |
Spirit Of St Louis Air Show Chesterfield, MO | $1,107,565 | $1,329,017 |