Oklahoma Israel Exchange Inc
- Assets
- $422.5k
- Revenue
- $375.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Oklahoma City, OK
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 73-1519817
Organization Overview
Oklahoma Israel Exchange Inc is located in Oklahoma City, OK. The organization was established in 1998. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Oklahoma Israel Exchange Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Israel Exchange 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 12/2021, Oklahoma Israel Exchange Inc generated $375.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $197.4k during the year ending 12/2021. While expenses have increased by 2.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER ENHANCED COOPERATION BETWEEN ISRAEL AND THE STATE OF OKLAHOMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCEMENT OF THE RELATIONSHIP BETWEEN OKLAHOMA AND ISRAEL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Stanley President | OfficerTrustee | 0 | $0 |
Jonna Kirschner Vice President | OfficerTrustee | 0 | $0 |
Mark Liotta Treasurer | OfficerTrustee | 0 | $0 |
Don Wentroth Secretary | OfficerTrustee | 0 | $0 |
Edie Roodman Executive Dir. | Trustee | 40 | $0 |
Linda Aberson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $15,000 |
| Government grants | $49,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,009 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,309 |
| Total Program Service Revenue | $0 |
| Investment income | $276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $280,261 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $375,846 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,000 |
| Compensation of current officers, directors, key employees. | $19,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,486 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,082 |
| Information technology | $624 |
| Royalties | $0 |
| Occupancy | $5,491 |
| 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 | $1,355 |
| All other expenses | $2,758 |
| Total functional expenses | $197,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,392 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,246 |
| Net Land, buildings, and equipment | $884 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $422,522 |
| Accounts payable and accrued expenses | $596 |
| 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 | $13,342 |
| Total liabilities | $13,938 |
| Net assets without donor restrictions | $408,584 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $422,522 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Oklahoma Israel Exchange Inc has recieved totaling $52,674.
| Awarding Organization | Amount |
|---|---|
Clements Foods Foundation Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $25,000 |
Because We Care Philanthropy Inc Oklahoma City, OK PURPOSE: COMMUNITY DEVELOP. | $5,400 |
The Ann Lacy Foundation Oklahoma City, OK PURPOSE: SPONSORSHIP | $5,400 |
Charles And Nikki Singer Foundation Edmond, OK PURPOSE: CULTURAL EXCHANGE | $4,118 |
Rainbolt Family Foundation Oklahoma City, OK PURPOSE: FINANCIAL SUPPORT | $3,600 |
The Meinders Foundation Oklahoma City, OK PURPOSE: OPERATIONAL SUPPORT | $3,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Texas Higher Education Authority Inc Arlington, TX | $1,018,646,765 | $26,983,231 |
Wichita State University Union Corporation Wichita, KS | $66,256,585 | $7,746,191 |
Jobs For Americas Graduates - Kansas Inc Topeka, KS | $3,944,623 | $6,226,988 |
Restore Education San Antonio, TX | $2,530,386 | $5,936,619 |
College Houses Austin, TX | $15,789,327 | $3,775,047 |
I Have A Dream Foundation Of Boulder County Boulder, CO | $14,057,677 | $4,578,837 |
Early Childhood Partnership Of Adams County Thornton, CO | $800,069 | $3,597,107 |
Memorial Union Corporation Of The Emporia State University Emporia, KS | $3,333,170 | $2,619,358 |
Books Between Kids Inc Houston, TX | $1,448,531 | $2,188,217 |
Communities In Schools Of New Mexico Santa Fe, NM | $908,559 | $2,316,828 |
The Arkansas Tech University Facilities Development Foundation Russellville, AR | $53,685 | $105 |
Austin Partners In Education Austin, TX | $1,240,919 | $1,858,475 |