Oasis Ministry
- Assets
- $150.1k
- Revenue
- $225.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Charlotte, NC
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 56-2256412
Organization Overview
Oasis Ministry is located in Charlotte, NC. The organization was established in 2003. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oasis Ministry 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, Oasis Ministry generated $225.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $255.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AID TO THE PEOPLE OF BELIZE FOR EDUCATIONAL NEEDS PHYSICAL NEEDS AND SPIRITUAL NEEDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING PROJECTS - WE BUILD HOUSES FOR FAMILIES THAT ARE IN NEED. WE PAINT THE HOUSES WE BUILD. WE MAKE REPAIRS AND PUT ADDITIONS ON HOUSES OF FAMILIES IN NEED.
EDUCATION - WE RUN A PRESCHOOL. WE ALSO COORDINATE THE SPONSORSHIP BY FAMILIES AND INDIVIDUALS IN THE U.S. OF CHILDREN IN THE VILLAGE TO PAY FOR THEIR SCHOOL TUITION BOOKS AND SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candice Oliff Office Manager | Officer | 30 | $36,396 |
Ronald Braaten President | OfficerTrustee | 50 | $11,674 |
Linda Icard Secretary | OfficerTrustee | 0 | $0 |
Linda Braaten Vice President | OfficerTrustee | 50 | $0 |
Gina Gibson Board Member | Trustee | 0 | $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 | $225,420 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,420 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $225,420 |
| 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. | $11,674 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,396 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $3,620 |
| Information technology | $3,157 |
| Royalties | $0 |
| Occupancy | $28,434 |
| Travel | $22,579 |
| 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 | $0 |
| All other expenses | $68,755 |
| Total functional expenses | $255,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,920 |
| 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 | $143,191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $150,111 |
| Accounts payable and accrued expenses | $16,704 |
| 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 | $13,390 |
| Other liabilities | $0 |
| Total liabilities | $30,094 |
| Net assets without donor restrictions | $120,017 |
| 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 | $150,111 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oasis Ministry has recieved totaling $73,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $73,000 |
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|---|---|---|
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Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
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Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
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