Oclo Inc
- Assets
- $44.3m
- Revenue
- $2.7m
- Investments
- $44.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 52-2171831
Organization Overview
Oclo Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oclo 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 12/2022, Oclo Inc generated $2.7m 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 (14.2%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Oclo Inc has awarded 49 individual grants totaling $6,353,640. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
IDEAS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Gloznek Assistant Secretary | 0 | $0 | |
W Stern Director | 0 | $0 | |
R Kanner Director | 0 | $0 | |
S Wexner Pres, Secy, Treas, Dir | 0 | $0 | |
M Oberman Through 1019 Dec'd Director | 0 | $0 | |
G Levy Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $430 |
| Dividends & Interest | $1,325,030 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,283,699 |
| Capital Gain Net Income | $1,283,699 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $112,095 |
| Total Revenue | $2,721,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $34,099 |
| Taxes | $54,429 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $732,117 |
| Total operating and administrative expenses | $832,427 |
| Contributions, gifts, grants paid | $2,314,290 |
| Total expenses and disbursements | $3,146,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $136,223 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $44,204,580 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $44,340,803 |
| Accounts payable and accrued expenses | $164,130 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $164,130 |
Grants Awarded
Over the last fiscal year, Oclo Inc has awarded $2,314,290 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH RECONSTRUCTIONIST CAMPING CORPORATION PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S YEAR-ROUND RELIGIOUS EDUCATIONAL PROGRAMMING. | $1,483 |
UNION OF ORTHODOX JEWISH CONGREGATIONS OF AMERICA PURPOSE: SUPPORT TO ASSIST ORGANIZATION'S CAMPUS EDUCATOR TRAINING PROGRAM. | $63,030 |
UNION FOR REFORM JUDAISM - GREENE FAMILY CAMP PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S YEAR-ROUND RELIGIOUS EDUCATIONAL PROGRAMMING. | $3,868 |
UNION FOR REFORM JUDAISM - OLIN SANG RUBY UNION INSTITUTE PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S YEAR-ROUND RELIGIOUS EDUCATIONAL PROGRAMMING. | $955 |
CAMP RAMAH IN CALIFORNIA PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S YEAR-ROUND RELIGIOUS EDUCATIONAL PROGRAMMING. | $6,107 |
CAMP HACHSHARA - MOSHAVA OF NEW YORK PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S YEAR-ROUND RELIGIOUS EDUCATIONAL PROGRAMMING. | $81,250 |