Sky Foundation Inc
- Assets
- $0.0
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 240
- Location
- Oklahoma City, OK
- Founding
- Data as of
- 06/2017
- EIN
- 73-1578930
Organization Overview
Sky Foundation Inc, operating under the name Dove Science Academy, is located in Oklahoma City, OK. As of 06/2017, Dove Science Academy employed 240 individuals. Dove Science Academy 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 06/2017, Dove Science Academy generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (37.7%) each year. All expenses for the organization totaled $5.4m during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (34.7%) per year over the past 2 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL PROGRAM TO HELP YOUTH FULFILL THEIR HIGHEST POTENTIAL INTELLECTUALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAM TO HELP YOUTH FULFILL THEIR HIGHEST POTENTIAL INTELLECTUALLY, SOCIALLY, EMOTIONALLY, AND PHYSICALLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Umit Alpaslan Superintendent | Officer | 40 | $0 |
Bilal Erturk President | Trustee | 2 | $0 |
Serkan Ozturk Director | Trustee | 2 | $0 |
Kanatbek Sultanov Director | Trustee | 2 | $0 |
Ugur Ozsoy Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,683,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,683,100 |
| Total Program Service Revenue | $199,056 |
| Investment income | $6,540 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,134,172 |
| 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 | $2,516,793 |
| Pension plan accruals and contributions | $34,446 |
| Other employee benefits | $410,219 |
| Payroll taxes | $189,785 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,242 |
| Fees for services: Accounting | $35,852 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,217 |
| Advertising and promotion | $15,976 |
| Office expenses | $1,342 |
| Information technology | $13,668 |
| Royalties | $0 |
| Occupancy | $930,828 |
| Travel | $11,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,037 |
| Interest | $70,315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $135,759 |
| Insurance | $71,443 |
| All other expenses | $120,327 |
| Total functional expenses | $5,426,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sky Foundation Inc has recieved totaling $25,274.
| Awarding Organization | Amount |
|---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $25,274 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Kirk Humanitarian Salt Lake City, UT | $3,740,895 | $18,227,954 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Parking Facilities Corporation New Orleans, LA | $111,215,099 | $14,747,604 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Salt Lake Legal Defender Association Salt Lake City, UT | $36,357,529 | $22,046,436 |
Coahoma Electric Power Assn Lyon, MS | $50,480,063 | $20,605,799 |