Norman Youth Foundation Inc
- Assets
- $1.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 03/1998
- Data as of
- 12/2020
- EIN
- 73-1525794
Organization Overview
Norman Youth Foundation Inc is located in Norman, OK. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. Norman Youth 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 12/2020, Norman Youth Foundation Inc generated $5.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.8%) each year. All expenses for the organization totaled $28.1k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Norman Youth Foundation Inc has awarded 18 individual grants totaling $308,480. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE NORMAN YOUTH FOUNDATION WAS FORMED TO BENEFIT THE WELFARE OF CHILDREN THROUGH ADVANCEMENT OF EDUCATION, LESSENING OF NEIGHBORHOOD TENSIONS, AND COMBATING COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY IN AND AROUND THE CITY OF NORMAN, OKLAHOMA. THE FOUNDATION ACCOMPLISHES THIS GOAL BY AWARDING GRANTS TO OTHER ORGANIZATIONS ENGAGED IN PROVIDING THESE SERVICES. DURING 2020, NINE ORGANIZATIONS RECEIVED GRANTS.DUE TO THE COVID PANDEMIC THE FOUNDATION DID NOT HAVE ANY FUNDRAISING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Smith President | 0.1 | $0 | |
Sandy Smith Director | 0.1 | $0 | |
Tracy Smith Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,367 |
| 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 | $1,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,664 |
| Total expenses | $28,064 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,637 |
| Other assets | $0 |
| Total assets | $1,637 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,637 |
Grants Awarded
Over the last fiscal year, Norman Youth Foundation Inc has awarded $58,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Norman, OK PURPOSE: GENERAL OPERATING EXPENSES | $23,000 |
Norman, OK PURPOSE: GENERAL OPERATING EXPENSES | $20,400 |
Oklahoma City, OK PURPOSE: GENERAL OPERATING EXPENSES | $7,500 |
Oklahoma City, OK PURPOSE: GENERAL OPERATING EXPENSES | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Norman Youth Foundation Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Oklahoma City Community Foundation Inc Oklahoma City, OK PURPOSE: GENERAL PURPOSES | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Livestrong Foundation Austin, TX | $32,201,486 | $2,234,840 |
Peopleforbikes Foundation Boulder, CO | $3,836,789 | $4,747,548 |
Olathe Health System Inc Olathe, KS | $604,759,622 | $8,223,691 |
Adopt A Platoon San Benito, TX | $2,311,218 | $7,326,430 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Colorado Springs Health Foundation Colorado Springs, CO | $192,761,783 | $20,158,263 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Clinics At Mrh Craig, CO | $2,546,314 | $4,871,469 |
Love Family Affiliated Fund Of The Oklahoma City Community Foundation Oklahoma City, OK | $15,024,266 | $3,226,115 |
Cnm Ingenuity Incoproration Albuquerque, NM | $23,986,328 | $5,524,320 |
The Summit Foundation Breckenridge, CO | $22,333,564 | $6,446,939 |
Delta Dental Plan Of Colorado Foundation Inc Centennial, CO | $49,407,538 | $7,354,088 |