Positive Tomorrows Inc
- Assets
- $15.1m
- Revenue
- $3.9m
- Investments
- $250.6k
- Employees
- 53
- Location
- Oklahoma City, OK
- Founding
- 02/1992
- Data as of
- 06/2021
- EIN
- 73-1393438
Organization Overview
Positive Tomorrows Inc is located in Oklahoma City, OK. The organization was established in 1992. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. As of 06/2021, Positive Tomorrows Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Positive Tomorrows 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, Positive Tomorrows Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $2.9m during the year ending 06/2021. While expenses have increased by 12.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
POSITIVE TOMORROWS IS AN EDUCATION AND FAMILY SUPPORT CENTER PROVIDING SERVICES TO HOMELESS AND VERY LOW INCOME CHILDREN AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POSITIVE TOMORROWS IS OKLAHOMA'S ONLY ELEMENTARY SCHOOL AND SOCIAL SERVICE AGENCY SPECIFICALLY FOR CHILDREN AND FAMILIES EXPERIENCING HOMELESSNESS. WE HELP STUDENTS AND FAMILIES SUCCEED, AND WE DO IT IN THREE MAIN WAYS. 1. BY BREAKING DOWN BARRIERS TO LEARNING LIKE HUNGER, LACK OF BASIC NECESSITIES, MEDICAL CARE, AND TRANSPORTATION. 2. BY SUPPORTING FAMILIES SO THEY CAN IMPROVE THEIR HOUSING, EMPLOYMENT, AND OVERALL QUALITY OF LIFE. 3. BY PROVIDING A DIFFERENTIATED, TRAUMA-INFORMED EDUCATION TO EVERY STUDENT, COMPLETE WITH ENRICHING, EXTRACURRICULAR OPPORTUNITIES. THIS YEAR POSITIVE TOMORROWS SERVED 139 STUDENTS IN ITS EDUCATION PROGRAM, AND PROVIDED 18,992 BUS RIDES, 36,975 MEALS, AND 10,212 BASIC NECESSITIES.
POSITIVE TOMORROWS HOSTS AN EXTRACURRICULAR PROGRAM THAT CONSISTS OF A DAILY AFTER SCHOOL PROGRAM AND DAY CAMPS DURING SUMMER, FALL, WINTER AND SPRING BREAKS. THE EXTRACURRICULAR PROGRAM PROVIDES A SAFE PLACE FOR CHILDREN TO STAY DURING AFTER-SCHOOL AND SCHOOL BREAK HOURS, AND PROVIDES ACCESS TO OPPORTUNITIES LIKE MUSEUM VISITS, ART CLASSES, MUSIC LESSONS, SCOUTING, SCIENCE, SWIMMING LESSONS, BOXING LESSONS, GOLF, BALLET, YOGA, BASKETBALL, AND MORE. THIS YEAR 80 STUDENTS PARTICIPATED IN AFTER-SCHOOL PROGRAMS, AND 128 PARTICIPATED IN BREAK CAMPS.
WHILE STUDENTS LEARN IN THE CLASSROOM, OUR FAMILY SUPPORT DEPARTMENT WORKS WITH FAMILIES TO TEACH THEM HOW TO BECOME SELF-SUFFICIENT. OUR CASE MANAGERS ASSESS FAMILIES' IMMEDIATE NEEDS LIKE FOOD, CLOTHING, AND SHELTER FIRST; THEN FOCUS ON LONG-TERM PLANNING. CASE MANAGERS HELP FAMILIES INCREASE THEIR INCOME, EMPLOYMENT, AND ULTIMATELY AIM TO HELP THEM OBTAIN STABLE HOUSING. BY FOCUSING ON THE ENTIRE FAMILY, WE MAKE IT POSSIBLE FOR CHILDREN TO LEARN. THIS YEAR WE SERVED 158 FAMILIES. 60% OF FAMILIES MAINTAINED OR IMPROVED THEIR EMPLOYMENT STATUS, 95% IMPROVED OR MAINTAINED STABLE HOUSING, AND 70% SHOWED AN INCREASE IN INCOME LEVELS. 289 HEALTH CHECKUPS WERE PROVIDED AND 819 MENTAL HEALTH NEEDS WERE MET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Agel Executive Director | Officer | 38 | $144,177 |
Vince White Chairman | OfficerTrustee | 1 | $0 |
Hk Hatcher Treasurer | OfficerTrustee | 1 | $0 |
Kati Christ Vice Chairwoman | OfficerTrustee | 1 | $0 |
Michael Hartfield Secretary | OfficerTrustee | 1 | $0 |
Karen Kurtz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $253,271 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $315,000 |
| Government grants | $823,596 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,400,322 |
| Noncash contributions included in lines 1a–1f | $62,464 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,792,189 |
| Total Program Service Revenue | $0 |
| Investment income | $138,397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$643 |
| Net Income from Fundraising Events | -$5,138 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,924,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $62,955 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,234 |
| Compensation of current officers, directors, key employees. | $15,622 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,405,582 |
| Pension plan accruals and contributions | $21,497 |
| Other employee benefits | $138,363 |
| Payroll taxes | $133,963 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,643 |
| Fees for services: Accounting | $51,440 |
| Fees for services: Lobbying | $30,100 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,204 |
| Advertising and promotion | $738 |
| Office expenses | $0 |
| Information technology | $54,628 |
| Royalties | $0 |
| Occupancy | $424,038 |
| Travel | $22,918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,918 |
| Interest | $3,926 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,675 |
| Insurance | $61,442 |
| All other expenses | $97,491 |
| Total functional expenses | $2,938,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,073,105 |
| Savings and temporary cash investments | $1,169,259 |
| Pledges and grants receivable | $864,210 |
| Accounts receivable, net | $23,390 |
| 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 | $109,184 |
| Net Land, buildings, and equipment | $198,366 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $250,626 |
| Investments—program-related | $10,179,000 |
| Intangible assets | $0 |
| Other assets | $282,408 |
| Total assets | $15,149,548 |
| Accounts payable and accrued expenses | $182,877 |
| Grants payable | $0 |
| Deferred revenue | $68,006 |
| 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 | $250,883 |
| Net assets without donor restrictions | $14,015,403 |
| Net assets with donor restrictions | $883,262 |
| 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 | $15,149,548 |
Grants Recieved
Over the last fiscal year, we have identified 33 grants that Positive Tomorrows Inc has recieved totaling $539,425.
| Awarding Organization | Amount |
|---|---|
Tom And Judy Love Foundation Oklahoma City, OK PURPOSE: GENERAL SUPPORT | $100,000 |
The Rhode Island Community Foundation Providence, RI PURPOSE: ANNUAL FUND/PARKING LOT | $70,000 |
W J Jones Family Foundation Oklahoma City, OK PURPOSE: SUPPORT OF CHARITABLE MISSION | $55,000 |
Organization Name not Listed PURPOSE: CAPITAL CAMPAIGN AND OPERATIONAL COSTS | | $50,000 |
Harris Foundation Incorporated Oklahoma City, OK PURPOSE: ACCESS TO EDUCATION FOR STUDENTS EXP | $30,000 |
E L And Thelma Gaylord Foundation Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $30,000 |
Endowment Analysis
| Beg. Balance | $231,362 |
| Earnings | $51,046 |
| Ending Balance | $282,408 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of The South Plains Lubbock, TX | $5,510,037 | $11,639,897 |
Kick Drugs Out Of America Foundation Houston, TX | $3,251,630 | $6,283,893 |
With God All Things Are Possible Colorado Springs, CO | $4,122,632 | $7,003,713 |
Invest In Kids Denver, CO | $2,954,407 | $4,581,934 |
Teens Inc Nederland, CO | $2,254,072 | $4,597,611 |
Camp For All Foundation Houston, TX | $19,527,838 | $4,309,337 |
Rocky Mountain Youth Corps Steamboat Springs, CO | $3,861,712 | $4,727,186 |
Kidz Of Joy Learning Foundation Hazelwood, MO | $4,719,790 | $7,439,729 |
Positive Tomorrows Inc Oklahoma City, OK | $15,149,548 | $3,924,805 |
Colorado Rampage Monument, CO | $799,261 | $2,891,993 |
Learn Fresh Education Co Denver, CO | $4,040,428 | $5,838,413 |
Colorado Childrens Campaign Inc Denver, CO | $3,915,309 | $2,268,185 |