Lake Thunderbird Educational Foundation
- Assets
- $286.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 73-1522799
Organization Overview
Lake Thunderbird Educational Foundation is located in Norman, OK. The organization was established in 1998. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Thunderbird Educational 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 12/2022, Lake Thunderbird Educational Foundation generated $38.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $32.7k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CAST/COMMUNITY SERVICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Moershel President | 4 | $0 | |
David Gray Vice-President | 4 | $0 | |
Lorrie Sylvester Secretary | 4 | $0 | |
Jim Chapman Treasurer | 4 | $0 | |
Roger Elliott Director | 4 | $0 | |
Connie Devine Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,615 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $174 |
| Gain or Loss | $850 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,639 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,052 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $197 |
| Other expenses | $30,844 |
| Total expenses | $32,693 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,291 |
| Other assets | $0 |
| Total assets | $286,125 |
| Total liabilities | $0 |
| Net assets or fund balances | $286,125 |