Revitalize T-Town Inc
- Assets
- $468.2k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 8
- Location
- Tulsa, OK
- Founding
- 11/1997
- Data as of
- 06/2021
- EIN
- 73-1528164
Organization Overview
Revitalize T-Town Inc, operating under the name Dba Revitalize T-Town, is located in Tulsa, OK. The organization was established in 1997. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Dba Revitalize T-Town employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dba Revitalize T-Town 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 06/2021, Dba Revitalize T-Town generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 6 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
MAKING HOMES SAFE AND SECURE FOR LOW-INCOME HOMEOWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVITALIZE T-TOWN PROVIDES NEW ROOFS, ENERGY EFFICIENT IMPROVEMENTS AND ADDING ADAPTATIONS FOR THE ELDERLY AND DISABLED. THESE SERVICES ARE FOR QUALIFYING LOW-INCOME HOMEOWNERS.
REVITALIZE T-TOWN PROVIDES NEW ROOFS, ENERGY EFFICIENT IMPROVEMENTS AND ADDING ADAPTATIONS FOR THE ELDERLY AND DISABLED. THESE SERVICES ARE FOR QUALIFYING LOW-INCOME HOMEOWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toni Griffey Chair & Trea | OfficerTrustee | 5 | $0 |
Tom Luccock Secretary | OfficerTrustee | 1 | $0 |
Jim Knight Vice Chair | OfficerTrustee | 5 | $0 |
Clarence Boyd Director | Trustee | 1 | $0 |
Lukas Sundalh Director | Trustee | 1 | $0 |
Robert Jones Director | Trustee | 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 | $1,252,492 |
| Noncash contributions included in lines 1a–1f | $37,336 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,252,492 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $73,176 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,325,668 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $483,500 |
| Pension plan accruals and contributions | $10,706 |
| Other employee benefits | $25,762 |
| Payroll taxes | $36,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,975 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,331 |
| 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 | $5,644 |
| Insurance | $36,930 |
| All other expenses | $13,218 |
| Total functional expenses | $1,199,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,441 |
| 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 | $0 |
| Net Land, buildings, and equipment | $30,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $468,164 |
| 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 | $106,648 |
| Other liabilities | $0 |
| Total liabilities | $106,648 |
| Net assets without donor restrictions | $227,508 |
| Net assets with donor restrictions | $134,008 |
| 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 | $468,164 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Revitalize T-Town Inc has recieved totaling $578,491.
| Awarding Organization | Amount |
|---|---|
George Kaiser Family Foundation Tulsa, OK PURPOSE: House Repairs | $165,000 |
Hille Family Charitable Foundation Tulsa, OK PURPOSE: EVENT SPONSORSHIP AND CLIENT SPECIALIST POSITION | $155,000 |
George Kaiser Family Foundation Tulsa, OK PURPOSE: Home Repairs in Educare Neighborhoods | $65,000 |
Anne And Henry Zarrow Foundation Tulsa, OK PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
Zarrow Families Foundation Tulsa, OK PURPOSE: PROGRAM SUPPORT FOR N. TULSA ZIP CODES | $35,000 |
Sarkeys Foundation Norman, OK PURPOSE: ROOF REPLACEMENT FOR LOW-INCOME HOMEOWNERS. | $30,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Energy Resource Center Colorado Springs, CO | $6,468,900 | $16,157,708 |
Central New Mexico Housing Corporation Albuquerque, NM | $611,709 | $5,016,019 |
Housing Solutions For The Southwest Inc Durango, CO | $9,256,182 | $3,579,408 |
Texas Ramp Project Richardson, TX | $1,371,349 | $1,878,533 |
Revitalize T-Town Inc Tulsa, OK | $468,164 | $1,325,668 |
2ndsaturday Community Development Corporation Dallas, TX | $375,736 | $1,156,026 |
Christmas In Action Inc Midland, TX | $1,327,753 | $810,489 |
Lufkin Neighborhood Strong Lufkin, TX | $224,571 | $741,479 |
Rebuilding Together Kansas City Inc Liberty, MO | $1,242,933 | $1,469,790 |
Ilazaro Charity Houston, TX | $218,712 | $582,053 |
Servolution Network Inc Azle, TX | $710,775 | $623,482 |
Urban Ranger Corps Kansas City, MO | $928,023 | $587,166 |