Northwestern Oklahoma State University Foundation Inc is located in Alva, OK. The organization was established in 1963. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Northwestern Oklahoma State University Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwestern Oklahoma State University 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 06/2022, Northwestern Oklahoma State University Foundation Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE AND MANAGE PRIVATE FUNDS TO SUPPORT NORTHWESTERN OKLAHOMA STATE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT TO NORTHWESTERN OKLAHOMA STATE UNIVERSITY
SCHOLARSHIPS FOR NORTHWESTERN OKLAHOMA STATE UNIVERSITY STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Allen Skeeter Bird CEO | Officer | 40 | $115,921 |
Ld Rapp Exec Committee Chair | OfficerTrustee | 1 | $0 |
Mike Fouts Trustee | OfficerTrustee | 1 | $0 |
Mike Benway Exec Committee Vice Chair | OfficerTrustee | 1 | $0 |
Grace Wessels Governance Committee Chair | OfficerTrustee | 1 | $0 |
Jim Dunning Investment Committee Chair | OfficerTrustee | 1 | $0 |
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 | $4,072,389 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,072,389 |
Total Program Service Revenue | $8,923 |
Investment income | $1,114,220 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $23,744 |
Net Rental Income | $54,381 |
Net Gain/Loss on Asset Sales | $2,397,075 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,714,805 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,435,563 |
Grants and other assistance to domestic individuals. | $903,411 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $128,072 |
Compensation of current officers, directors, key employees. | $64,036 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $327,338 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $84,189 |
Payroll taxes | $38,929 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,539 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $239,574 |
Fees for services: Other | $0 |
Advertising and promotion | $47,124 |
Office expenses | $21,586 |
Information technology | $91,278 |
Royalties | $0 |
Occupancy | $0 |
Travel | $15,542 |
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 | $15,830 |
Insurance | $7,862 |
All other expenses | $6,943 |
Total functional expenses | $3,418,374 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $475,420 |
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 | $19,188 |
Net Land, buildings, and equipment | $2,616,105 |
Investments—publicly traded securities | $25,488,873 |
Investments—other securities | $7,735,543 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $676,440 |
Total assets | $37,011,569 |
Accounts payable and accrued expenses | $54,007 |
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 | $54,007 |
Net assets without donor restrictions | -$140,579 |
Net assets with donor restrictions | $37,098,141 |
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 | $37,011,569 |
Over the last fiscal year, we have identified 4 grants that Northwestern Oklahoma State University Foundation Inc has recieved totaling $11,259.
Awarding Organization | Amount |
---|---|
$10,000 | |
Northwest Oklahoma Osteopathic Enid, OK PURPOSE: SCHOLARSHIPS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $159 |
Tom And Brenda Mcdaniel Charitable Foundation Oklahoma City, OK PURPOSE: GENERAL OPERATIONS | $100 |
Beg. Balance | $36,129,190 |
Earnings | -$2,912,945 |
Net Contributions | $6,197,900 |
Other Expense | $1,412,593 |
Grants | $903,411 |
Ending Balance | $37,098,141 |
Organization Name | Assets | Revenue |
---|---|---|
Hallmark University Inc San Antonio, TX | $50,738,491 | $19,939,747 |
University Of Central Oklahoma Fdn Edmond, OK | $57,594,022 | $22,644,873 |
College Of Biblical Studies-Houston Houston, TX | $14,076,191 | $8,568,117 |
University Of Central Arkansas Foundation Inc Conway, AR | $76,302,395 | $12,983,167 |
University Of Science & Arts Of Oklahoma Foundation Inc Chickasha, OK | $18,769,545 | $3,373,213 |
Kings University Southlake, TX | $0 | $6,930,347 |
Amberton University Garland, TX | $60,380,717 | $9,173,181 |
Randall University Inc Moore, OK | $6,608,368 | $7,433,894 |
Calvary University Kansas City, MO | $12,316,825 | $1,875,961 |
Stephen F Austin State University Foundation Inc Nacogdoches, TX | $115,560,450 | $21,375,091 |
Texas A&m University-Kingsville Foundation Inc Kingsville, TX | $109,298,613 | $9,889,505 |
Baptist University Of The Americas San Antonio, TX | $13,785,547 | $6,893,983 |