The Eagle Sky Foundation
- Assets
- $61.9m
- Revenue
- -$3.5m
- Investments
- $16.9m
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 06/1998
- Data as of
- 12/2020
- EIN
- 73-1526080
Organization Overview
The Eagle Sky Foundation is located in Edmond, OK. The organization was established in 1998. According to its NTEE Classification (N20) the organization is classified as: Camps, 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. Eagle Sky 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 12/2020, Eagle Sky Foundation generated -$3.5m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $5.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, EAGLE SKY OF THE OZARKS HAD ITS 7TH CAMPING SEASON. MORE THAN 4,000 CAMPERS ATTENDED CAMP AT ESO. HOWEVER, THE VOLUME WAS MUCH LESS THAN BUDGET AND EXPENSES
WERE GREATER THAN BUDGET, SO 2022 WAS ANOTHER VERY DIFFICULT YEAR FINANCIALLY PRIMARILY STILL RELATED TO COVID. WHILE NOT BACK TO PRE-COVID VOLUMES, 2022 WAS MUCH BETTER THAN
2021. ALL NEW CONSTRUCTION PROJECTS WERE PUT ON HOLD IN 2022. PROJECTIONS FOR 2023 ARE VERY POSITIVE WITH VOLUME UP MORE THAN 25%. NEW CONSTRUCTION PROJECTS ARE EXPECTED
TO RESUME IN THE FALL OF 2023. SEE ATTACHED FOR MORE INFORMATION.
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 |
|---|---|---|---|
Joseph D Mckean Jr Ceo/chairman | 16 | $0 | |
Brooks Bock Vice Chairman | 2 | $0 | |
Kenneth R Goodin Director | 8 | $0 | |
Pamela Bock Director | 2 | $0 | |
Michael Bishop Director | 8 | $0 | |
Vonora Bishop Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $680,741 |
| Interest on Savings | $5,823 |
| Dividends & Interest | $1,160,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,182,963 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $10,858,003 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $17,863 |
| Other Income | $752,679 |
| Total Revenue | -$3,500,043 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,579,309 |
| Pension plans, employee benefits | $412,043 |
| Interest | $3,782 |
| Taxes | $110,964 |
| Depreciation | $1,681,957 |
| Occupancy | $372,213 |
| Travel, conferences, and meetings | $168,583 |
| Printing and publications | $0 |
| Other expenses | $1,015,878 |
| Total operating and administrative expenses | $5,389,942 |
| Contributions, gifts, grants paid | $1,175 |
| Total expenses and disbursements | $5,391,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $387,944 |
| Savings and temporary cash investments | $373,526 |
| Net Accounts receivable | $542 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $560,702 |
| Prepaid expenses and deferred charges | $159,359 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $525,576 |
| Net Land, buildings, and equipment | $43,217,278 |
| Other assets | $326,097 |
| Total assets | $61,888,849 |
| Accounts payable and accrued expenses | $2,077 |
| Grants payable | $0 |
| Deferred revenue | $87,384 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $408,750 |
| Total liabilities | $498,211 |
Grants Awarded
Over the last fiscal year, The Eagle Sky Foundation has awarded $7,465 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CLEARWATER HIGH SCHOOL PURPOSE: SUPPORT | $100 |
PIEDMONT AREA CHAMBER OF COMMERCE PURPOSE: SUPPORT | $3,625 |
JOURNEY CHURCH MINISTRIES PURPOSE: SUPPORT | $2,000 |
PIEDMONT ROTARY CLUB PURPOSE: SUPPORT | $100 |
JARON MINISTRIES PURPOSE: SUPPORT | $1,500 |
CLOUD CITY MOUNTAIN SPORTS PURPOSE: SUPPORT | $140 |