Education-Recreation Incorporated
- Assets
- $1.5m
- Revenue
- $254.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-2367617
Organization Overview
Education-Recreation Incorporated is located in Tulsa, OK. The organization was established in 2015. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education-Recreation Incorporated 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 12/2022, Education-Recreation Incorporated generated $254.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $301.8k during the year ending 12/2022. While expenses have increased by 5.4% 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
TO PROVIDE AN ACADEMIC ENRICHMENT AND FUN FACILITY FOR INNER-CITY YOUTH THAT WILL BUILD SELF-ESTEEM, IMPROVE ACADEMICS, ATHLETIC PERFORMANCE, AND GIVE AN INTRODUCTION TO BUSINESS SKILLS THAT WILL BUILD CHARACTER AND DEVELOP SELF DISCIPLINE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND REACH UNDERPRIVILEGED YOUNG PEOPLE BETWEEN THE AGES OF 12-18 WITHIN THE TULSA COMMUNITIES. THIS PROGRAM IS DESIGNED TO BUILD SELF-ESTEEM, IMPROVE ACADEMIC PERFORMANCE THROUGH AFTER-SCHOOL TUTORING, SUMMER EDUCATIONAL AND ATHLETIC CAMPS, PERFORMING ARTS, COMPUTER LITERACY, YOUTH FINANCIAL LITERACY, COLLEGE PREP COURSES, GED TUTORIAL, AND YOUTH COUNSELING OFFERED THROUGH THE EDUCATION-RECREATION (EDU-REC) YOUTH PROJECT. THESE PROGRAMS ARE FOR YOUTH TO UTILIZE AS A TOOL TO MAKE RIGHT CHOICES AND DECISIONS, TO REMAIN SELF-SUFFICIENT, AND TO BE AN ASSET IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Rick Bewley Secretary/treasurer | OfficerTrustee | $0 | |
Melvin Cooper Board President | OfficerTrustee | $0 | |
John Celoni Board Member | Trustee | $0 | |
Joyce Cooper Board Member | Trustee | $0 | |
Charles Harper Executive Director | Trustee | 60 | $0 |
Damali Wilson Executive Director Of Operations | Trustee | 60 | $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 | $90,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,268 |
| Total Program Service Revenue | $1,669 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $156,511 |
| 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 | $254,448 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $3,800 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $4,461 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,890 |
| Advertising and promotion | $13,961 |
| Office expenses | $929 |
| Information technology | $19,361 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,586 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,022 |
| Insurance | $24,875 |
| All other expenses | $148,935 |
| Total functional expenses | $301,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,284 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,532,379 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,533,663 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $71,400 |
| 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 | $34,571 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $105,971 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,427,692 |
| Total liabilities and net assets/fund balances | $1,533,663 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Education-Recreation Incorporated has recieved totaling $58,510.
| Awarding Organization | Amount |
|---|---|
George Kaiser Family Foundation Tulsa, OK PURPOSE: BEST - Advisory Fund 2021 | $58,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bentonville Bella Vista Blazer Association Bentonville, AR | $77,364,842 | $17,570,755 |
Texas Trees Foundation Dallas, TX | $8,139,895 | $6,093,580 |
Datta Yoga Center Frisco, TX | $39,680,458 | $7,267,596 |
Chancellors Family Center Houston, TX | $3,000,312 | $1,420,020 |
Sigma Performance Swimming Fort Worth, TX | $336,813 | $1,366,360 |
Fit Feat New Braunfels, TX | $1,605,303 | $1,468,066 |
Greater San Antonio After-School All Stars San Antonio, TX | $1,365,793 | $1,293,179 |
Crrc Of Canyon Lake Inc Canyon Lake, TX | $3,905,422 | $1,301,235 |
Kinetic Kids Inc San Antonio, TX | $978,066 | $1,408,485 |
Springdale Benevolent Foundation Springdale, AR | $2,342,056 | $947,504 |
Trailnet Inc St Louis, MO | $1,194,195 | $886,408 |
Tulsa Route 66 Marathon Inc Tulsa, OK | $331,594 | $707,919 |