New Day Foundation Inc
- Assets
- $4.9m
- Revenue
- $444.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 73-1486736
Organization Overview
New Day Foundation Inc is located in Tulsa, OK. The organization was established in 2018. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Day 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 12/2022, New Day Foundation Inc generated $444.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $382.5k during the year ending 12/2022. 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
ADVANCE THE KINGDOM OF GOD BY HELPING MINISTRIES REACH THEIR FULL POTENTIAL AND MAKE THEIR VISION A REALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED THE DEVELOPMENT OF DISCIPLESHIP PROGRAMS (BIBLE SCHOOLS, ACADEMIC SCHOOLS, CHILDREN HOMES/ORPHANAGES,ETC.) TARGETED IN CENTRAL AMERICA AND THE CARIBBEAN REGION.SECURED 7-ACRES FOR CONSTRUCTION OF FACILITIES FOR A BIBLE SCHOOL, STUDENT HOUSING, CHILDREN'S HOME AND ELEMENTARY SCHOOL. PROJECT TO BE COMPLETED IN THREE PHASES.
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 |
|---|---|---|---|
Bruce Edwards Treasurer | Trustee | 40 | $60,000 |
Tanner Jarrell Director | Trustee | 40 | $55,000 |
Ronald Feeley President | OfficerTrustee | 5 | $0 |
Chris Feeley Vice President | OfficerTrustee | 2 | $0 |
James Feeley Secretary | 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 | $303,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,700 |
| Total Program Service Revenue | $0 |
| Investment income | $84,426 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $55,947 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $444,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $170,845 |
| 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 | $115,000 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,905 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $400 |
| Fees for services: Accounting | $2,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,000 |
| Advertising and promotion | $0 |
| Office expenses | $1,264 |
| Information technology | $200 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40,169 |
| 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 | $414 |
| Total functional expenses | $382,472 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,717 |
| Savings and temporary cash investments | $525,669 |
| 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 | $509 |
| Investments—publicly traded securities | $4,344,561 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,928,456 |
| 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 | $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 | $4,928,456 |
| Total liabilities and net assets/fund balances | $4,928,456 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Day Foundation Inc has recieved totaling $438,000.
| Awarding Organization | Amount |
|---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $438,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
K State Athletics Inc Manhattan, KS | $295,810,411 | $83,903,998 |
Waterstone Support Foundation Inc Colorado Springs, CO | $127,103,327 | $45,122,757 |
Legett Foundation Abilene, TX | $82,883,497 | $23,683,505 |
Kickapoo Springs Foundation Abilene, TX | $72,184,356 | $14,228,741 |
1million Project Foundation Overland Park, KS | $8,054,178 | $5,845,168 |
Northeast Kansas Community Action Program Hiawatha, KS | $3,012,533 | $8,873,734 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
David And Molly Pyott Foundation Avon, CO | $9,634,209 | $3,719,915 |
Epicpromise Employee Foundation Broomfield, CO | $1,990,176 | $1,259,560 |
Liberty Ukraine Foundation Austin, TX | $882,212 | $2,684,973 |
Trinity Oaks Enterprises San Antonio, TX | $6,662,220 | $1,110,541 |
At&t Employee Relief Fund Dallas, TX | $5,954,314 | $1,646,484 |