Oasis Of Hope

Organization Overview

Oasis Of Hope is located in Cordova, TN. The organization was established in 2005. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 02/2023, Oasis Of Hope employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oasis Of Hope 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 02/2023, Oasis Of Hope generated $618.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $811.0k during the year ending 02/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO DEMONSTRATE CHRIST'S LOVE TO AN UNDER-RESOURCED COMMUNITY BY ELEVATING AND IMPROVING THE QUALITY OF NEIGHBORHOOD LIFE THROUGH EMPOWERMENT AND PARTNERSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OASIS OF HOPE PROMOTED SPIRITUAL AND LEADERSHIP DEVELOPMENT IN YOUNG CHRISTIAN LEADERS BY PROVIDING YOUTH ACTIVITIES, SUMMER CAMPS & AFTER SCHOOL PROGRAMS.


OASIS OF HOPE EMPOWERED NEIGHBORHOOD ADULTS BY PROVIDING EDUCATIONAL, EMPLOYMENT & CAREER DEVELOPMENT SERVICES THROUGHOUT THE COMMUNITY. THE ORGANIZATION ALSO PROVIDED SENIOR ASSISTANCE PROGRAMS.


OASIS BUILDS AND REHABILITATES LOW-INCOME AREA HOUSING DEVELOPMENTS IN THE OASIS NEIGHBORHOOD IN INNER-CITY MEMPHIS.


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Board, Officers & Key Employees

Name (title)Compensation
Eli Morris
Chairman
$0
Jackie Bass
Director
$0
Henry Bishop
Director
$0
Clarissa Crowder-Harris
Director
$0
Jill Dyson
Director
$0
John Hvasta
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$343,299
Government grants $98,194
All other contributions, gifts, grants, and similar amounts not included above$172,512
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$614,005
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$33,754
Net Gain/Loss on Asset Sales $14,324
Net Income from Fundraising Events -$4,720
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,038
Miscellaneous Revenue$0
Total Revenue $618,297

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