Northern Oklahoma College Foundation Inc
- Assets
- $15.7m
- Revenue
- $755.6k
- Investments
- $2.0m
- Employees
- 0
- Location
- Tonkawa, OK
- Founding
- 04/1968
- Data as of
- 06/2021
- EIN
- 73-0770227
Organization Overview
Northern Oklahoma College Foundation Inc is located in Tonkawa, OK. The organization was established in 1968. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, 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. Northern Oklahoma College Foundation 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 06/2021, Northern Oklahoma College Foundation Inc generated $755.6k 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 (6.6%) each year. All expenses for the organization totaled $518.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) 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 FINANCIAL SUPPORT FOR NORTHERN OKLAHOMA COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES ASSISTANCE TO NORTHERN OKLAHOMA COLLEGE STUDENTS WITH TUITION AND FEES IN THE FORM OF SCHOLARSHIP PAYMENTS TO NORTHERN OKLAHOMA COLLEGE ON BEHALF OF THE STUDENTS. APPROXIMATELY 130 STUDENTS BENEFITED DURING 2020. NOCF ALSO PROVIDED OTHER ASSISTANCE TO THE COLLEGE THROUGH HELP WITH OTHER COLLEGE PROGRAMS SUCH AS THE BASEBALL PROGRAM, AND VARIOUS OTHER PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Loftis Chairman | OfficerTrustee | 1 | $0 |
Cheryl Evans Chief Executive Officer | OfficerTrustee | 1 | $0 |
Sheri Snyder Executive Director | OfficerTrustee | 1 | $0 |
Jill Green Development Officer | OfficerTrustee | 1 | $0 |
Candy Oller Secretary | OfficerTrustee | 1 | $0 |
Anita Simpson Treasurer | OfficerTrustee | 1 | $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 | $389,649 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,649 |
| Total Program Service Revenue | $0 |
| Investment income | $211,362 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,287 |
| Net Income from Fundraising Events | $93,231 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $755,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $196,752 |
| 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 | $18,803 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,413 |
| Fees for services: Other | $1,947 |
| Advertising and promotion | $8,123 |
| Office expenses | $20,514 |
| Information technology | $22,480 |
| 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 | $2,435 |
| All other expenses | $394 |
| Total functional expenses | $518,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,411 |
| 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 | $63 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,046,288 |
| Investments—other securities | $2,044,892 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,006,198 |
| Total assets | $15,691,352 |
| Accounts payable and accrued expenses | $20,015 |
| 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 | $20,015 |
| Net assets without donor restrictions | $3,701,480 |
| Net assets with donor restrictions | $11,969,857 |
| 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 | $15,691,352 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Northern Oklahoma College Foundation Inc has recieved totaling $84,747.
| Awarding Organization | Amount |
|---|---|
Clifton Foundation Inc Chestertown, MD PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,234 |
Dillingham Foundation Enid, OK PURPOSE: ENHANCE THE EDUCATIONAL OPPORTUNITIES OF NORTHERN OKLAHOMA COLLEGE | $15,000 |
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $14,000 |
Renfro Family Foundation Ponca City, OK PURPOSE: EDUCATION | $12,000 |
Subramaniam Charitable Foundation Tulsa, OK PURPOSE: GENERAL SUPPORT | $8,400 |
Endowment Analysis
| Beg. Balance | $7,471,375 |
| Earnings | $1,920,076 |
| Net Contributions | $192,236 |
| Other Expense | $102,190 |
| Ending Balance | $9,481,497 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
College Of The Ozarks Point Lookout, MO | $787,489,229 | $134,988,466 |
Benedictine College Atchison, KS | $163,686,664 | $96,440,027 |
Hendrix College Conway, AR | $318,329,586 | $98,419,951 |
Ottawa University Ottawa, KS | $107,254,264 | $83,319,178 |
Drury University Springfield, MO | $197,297,672 | $75,721,067 |
Oklahoma Baptist University Shawnee, OK | $289,242,729 | $80,964,114 |
Oklahoma Christian University Inc Oklahoma City, OK | $129,228,959 | $77,254,883 |
Ouachita Baptist University Arkadelphia, AR | $209,281,744 | $71,056,315 |
Wayland Baptist University Plainview, TX | $171,784,780 | $76,328,072 |
John Brown University Siloam Springs, AR | $239,506,733 | $75,339,651 |
Texas Lutheran University Seguin, TX | $175,887,975 | $71,493,316 |
Evangel University Of The Assemblies Of God Springfield, MO | $85,500,586 | $68,026,521 |