The Oaks Womens Club Inc
- Assets
- $474.7k
- Revenue
- $208.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Osprey, FL
- Founding
- 01/2003
- Data as of
- 04/2023
- EIN
- 54-2067236
Organization Overview
The Oaks Womens Club Inc is located in Osprey, FL. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oaks Womens Club 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 04/2023, Oaks Womens Club Inc generated $208.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $164.5k during the year ending 04/2023. While expenses have increased by 21.1% per year over the past 8 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 2020, Oaks Womens Club Inc has awarded 22 individual grants totaling $276,700. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPLEMENT PROGRAMS, PROVIDE FOR PROGRAMS AND ASSIST THOSE PHILANTHROPIC, CHARITABLE, SCHOLARSHIP, LITERARY, ARTISTIC AND CULTURAL ACTIVITIES AND ENDEAVORS FROM TIME TO TIME DETERMINED BY THE MEMBERS OR DIRECTORS WITHIN THE SOUTHWEST FLORIDA AREA INCLUDING, WITHOUT LIMITATION, THE CREATION, IMPLEMENTATION, AND OPERATION OF EDUCATIONAL SCHOLARSHIP OR GRANT PROGRAMS TO ENTITIES ORGANIZED FOR CHARITABLE PURPOSES AND PROVIDING SUCH SERVICES TO THE SOUTHWEST FLORIDA AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OAKS WOMEN'S CLUB RAISES FUNDS BY MEANS OF VARIOUS FUNDRAISING ACTIVITIES SUCH AS RUMMAGE SALES AND GOLF TOURNAMENTS IN ORDER TO CONTRIBUTE FUNDS TO VARIOUS PHILANTHROPIC AND CHARITABLE ORGANIZATIONS IN THE SOUTHWEST FLORIDA AREA. THROUGH THESE ACTIVITIES THE ORGANIZATION WAS ABLE TO CONTRIBUTE 4,000 TO VARIOUS LOCAL CHARITIES HELPING THE COMMUNITY.
THE ORGANIZATION PROVIDES A MEANS FOR MEMBERS TO DEVELOP AND CULTIVATE THEIR INTEREST IN FLORAL ARRANGEMENTS. THESE ARRANGEMENTS ARE DONATED TO FLORIDA HOSPICE. THIS YEAR DUE TO COVID-19 THE ORGANIZATION DONATED 1,250 TO FLORIDA HOSPICE IN LIEU OF FLORAL ARRANGEMENTS.
THE PURPOSE OF THE OAKS WOMEN'S CLUB SCHOLARSHIP FUND IS TO NURTURE AND SUPPORT WORTHY STUDENTS IN THE PURSUIT OF THEIR CAREER OBJECTIVES. DURING THE FISCAL YEAR ENDED APRIL 30, 2023, THE SCHOLARSHIP FUND PAID OUT A TOTAL OF 142,500 IN SCHOLARSHIPS ON BEHALF OF STUDENT RECIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Bridgford Director | Trustee | 2 | $0 |
Marti Byers Vice Preside | OfficerTrustee | 4 | $0 |
Laura Caragol Comm Coordin | Trustee | 6 | $0 |
Barbara Collins Treasurer | OfficerTrustee | 5 | $0 |
Amy Friedrich Assistant Tr | Trustee | 5 | $0 |
Terry Gumz Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $163,670 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,220 |
| Total Program Service Revenue | $25,635 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,639 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $208,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $146,500 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,428 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $700 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,628 |
| All other expenses | $2,862 |
| Total functional expenses | $164,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,244 |
| Savings and temporary cash investments | $443,476 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $474,720 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $474,720 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $474,720 |
Grants Awarded
Over the last fiscal year, The Oaks Womens Club Inc has awarded $87,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA GULF COAST UNIVERSITY | | | $20,000 |
UNIVERSITY OF SOUTH FL TAMPA | | | $10,000 |
THE UNIVERSITY OF FLORIDA | | | $25,000 |
STATE COLLEGE OF FLORIDA | | | $17,500 |
FLORIDA STATE UNIVERSITY | | | $15,000 |