Wes Welker Foundation
- Assets
- $1.2m
- Revenue
- $213.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Oklahoma City, OK
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 65-1303856
Organization Overview
Wes Welker Foundation is located in Oklahoma City, OK. The organization was established in 2007. According to its NTEE Classification (N65) the organization is classified as: Football, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Wes Welker Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wes Welker Foundation 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, Wes Welker Foundation generated $213.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $333.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wes Welker Foundation has awarded 78 individual grants totaling $1,540,482. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INFLUENCE AT-RISK YOUTH BY ENCOURAGING THEIR FULL POTENTIAL THROUGH ATHLETICS AND POSITIVE ROLE MODELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PRIMARY FOCUS CURRENTLY IS TO PROVIDE ATHLETIC EQUIPMENT, UNIFORMS, AND SIMILAR ITEMS TO OKLAHOMA CITY AREA SCHOOLS AND ORGANIZATIONS THAT LACK FUNDING FOR EXTRACURRICULAR ACTIVITIES AND SPORTS. DURING 2021 WE AWARDED GRANTS TO 14 OKLAHOMA CITY AREA SCHOOLS AND NONPROFITS.
THE FOUNDATION HELD A ONE DAY 7-ON-7 FOOTBALL CAMP FOR FOOTBALL TEAMS FROM 11 AREA HIGH SCHOOLS. THE EVENT WAS ORGANIZED BY A COMMITTEE OF COMMUNITY VOLUNTEERS AND BOARD MEMBERS AND IS AT NO COST TO THE TEAMS. VOLUNTEERS WORKED TO PROVIDE THE STUDENT-ATHLETES WITH DRI-FIT JERSEYS, REUSABLE WATER BOTTLES, SNACKS AND MEALS. THE FOUNDATION HAD A TOTAL OF APPROXIMATELY 25 VOLUNTEERS AND IT IS ESTIMATED THAT 250-350 PLAYERS AND COACHES PARTICIPATED IN THE CAMP.
A SECOND ONE DAY EVENT, GAME DAY CHEER PREVIEW, WAS ALSO HELD IN 2021. 10 AREA HIGH SCHOOL CHEER TEAMS PARTICIPATED AND WERE SERVED DINNER AND EACH PARTICIPANT WAS GIVEN A JACKET AND A TEAM AND INDIVIDUAL PICTURE. IT IS ESTIMATED THAT 150-200 CHEER TEAM MEMBERS AND COACHES PARTICIPATED. A COMMITTEE OF VOLUNTEERS, ALONG WITH THE ASSISTANCE OF THE STAFF, ORGANIZED THE EVENT; THERE WERE APPROXIMATELY 20 VOLUNTEERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Brown President | OfficerTrustee | 2 | $0 |
Barb Denny President-El | OfficerTrustee | 1.5 | $0 |
Ken Blakley Director | Trustee | 0.5 | $0 |
Andy Bogert Director | Trustee | 0.75 | $0 |
Peter Evans Director | Trustee | 0.5 | $0 |
Rob Garbrecht Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $130,000 |
| Related organizations | $0 |
| Government grants | $17,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,155 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $196,855 |
| Total Program Service Revenue | $0 |
| Investment income | $14,166 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,996 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $213,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $192,891 |
| 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 | $82,030 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,317 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,504 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,078 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,947 |
| Office expenses | $706 |
| Information technology | $825 |
| Royalties | $0 |
| Occupancy | $6,686 |
| 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 | $4,870 |
| All other expenses | $472 |
| Total functional expenses | $333,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $627,795 |
| Pledges and grants receivable | $11,459 |
| 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 | $587,051 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,226,305 |
| Accounts payable and accrued expenses | $3,408 |
| Grants payable | $112,674 |
| 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 | $116,082 |
| 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 | $1,110,223 |
| Total liabilities and net assets/fund balances | $1,226,305 |
Grants Awarded
Over the last fiscal year, Wes Welker Foundation has awarded $192,891 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
5000 VARIOUS GRANTS PURPOSE: ATHLETIC EQUIPMENT | $53,966 |
US GRANT HS PURPOSE: EQUIPMENT | $24,040 |
FD MOON MS PURPOSE: FIELD EQUIPMENT | $22,995 |
CAPITAL HILL HS PURPOSE: EQUIPMENT | $11,948 |
CROOKED OAKS PUBLIC SCHOOLS PURPOSE: EQUIPMENT | $8,746 |
PUTNAM CITY HS PURPOSE: WRESTLING MAT | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Wes Welker Foundation has recieved totaling $17,918.
| Awarding Organization | Amount |
|---|---|
Mclaughlin Family Foundation Inc Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $10,000 |
American Fidelity Foundation Oklahoma City, OK PURPOSE: EVENT SPONSORSHIP | $3,840 |
Fred Jones Family Foundation Oklahoma City, OK PURPOSE: 2022 GOLF TOURNAMENT | $2,500 |
Valentine Charitable Trust Oklahoma City, OK PURPOSE: GENERAL FUND | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cotton Bowl Athletic Association arlington, TX | $32,471,446 | $17,932,137 |
The Sun Bowl Association El Paso, TX | $6,394,406 | $6,496,307 |
National Operating Committee On Standards For Athletic Equipment Overland Park, KS | $2,013,359 | $2,758,265 |
Oklahoma Energy Football Club Edmond, OK | $690,286 | $1,354,244 |
Warriors Littleton, CO | $142,186 | $1,369,563 |
Kansas City Football And Cheerleading Inc Lenexa, KS | $437,320 | $1,164,722 |
Rio Soccer Club Albuquerque, NM | $523,117 | $933,816 |
New Mexico Young America Football League Albuquerque, NM | $425,021 | $936,256 |
Texas Youth Cheerleading & Football Association San Antonio, TX | $212,436 | $570,219 |
Albuquerque United Football Club Ltd Cedar Crest, NM | $44,425 | $436,616 |
Northeast Oklahoma Futball Club Owasso, OK | $437,966 | $431,650 |
Lobo Football Booster Club Inc Longview, TX | $85,466 | $256,819 |