Osma Foundation
- Assets
- $1.2m
- Revenue
- $370.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 02/1991
- Data as of
- 12/2021
- EIN
- 73-1370949
Organization Overview
Osma Foundation is located in Oklahoma City, OK. The organization was established in 1991. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Osma 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, Osma Foundation generated $370.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $259.3k during the year ending 12/2021. While expenses have increased by 5.8% 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.
Since 2017, Osma Foundation has awarded 22 individual grants totaling $1,049,341. 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
REFERRAL SERVICES AND FINANCIAL ASSISTANCE FOR SUBSTANCE ABUSE DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES REFERRAL SERVICES AND FINANCIAL ASSISTANCE FOR MEMBERS SUFFERING FROM SUBSTANCE ABUSE DISORDERS.
PROVIDES MEDICAL STUDENTS FOR CERTAIN SCHOLARSHIPS AND EDUCATIONAL TRAVEL AND OTHER VARIOUS GRANTS; PROMOTES HEALTHY LIFESTYLES, CHILD IMMUNIZATION, FREE HEALTH AND DENTAL CARE, YOUTH DRIVING PROGRAMS, AND PHYSICIAN WELLNESS PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wesley Glinsmann Secretary/tr | OfficerTrustee | 1 | $0 |
Jean Hausheer Vice-Preside | OfficerTrustee | 1 | $0 |
Woody Jenkins President | OfficerTrustee | 1 | $0 |
Jack Beller Member | Trustee | 1 | $0 |
James Cash Member | Trustee | 1 | $0 |
Scott Dunitz Member | Trustee | 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 | $308,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,610 |
| Total Program Service Revenue | $0 |
| Investment income | $61,873 |
| 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 | $370,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $249,109 |
| 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 | $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 | $850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $908 |
| Office expenses | $266 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $259,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,223 |
| Savings and temporary cash investments | $1,129,055 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,221,278 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,153,803 |
| Net assets with donor restrictions | $67,475 |
| 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 | $1,221,278 |
Grants Awarded
Over the last fiscal year, Osma Foundation has awarded $236,609 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Oklahoma City, OK PURPOSE: PROGRAM FUNDING | $150,000 |
HEALTHY SCHOOLS OKLAHOMA PURPOSE: PROMOTE HEALTY LIFE | $34,000 |
Norman, OK PURPOSE: YOUNG DRIVER PROGRAM | $17,000 |
OCMS COMMUNITY FOUNDATION PURPOSE: WELLNESS PROGRAM | $10,000 |
Tulsa, OK PURPOSE: NON-EMERGENT CARE | $10,000 |
REACH OUT AND READ INC PURPOSE: LANGUAGE DEVELOPMENT | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Osma Foundation has recieved totaling $1,846.
| Awarding Organization | Amount |
|---|---|
Retinal Vascular Foundation Pepper Pike, OH PURPOSE: EDUCATION AND TRAINING | $1,846 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Service Center Region Xii Of Texas Waco, TX | $21,686,581 | $37,093,935 |
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |