28 19 Inc
- Assets
- $4.8m
- Revenue
- $938.2k
- Investments
- $81.4k
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 03/1961
- Data as of
- 11/2023
- EIN
- 73-6091732
Organization Overview
28 19 Inc is located in Oklahoma City, OK. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. 28 19 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 11/2023, 28 19 Inc generated $938.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $915.2k during the year ending 11/2023. While expenses have increased by 7.5% per year over the past 4 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.
Since 2021, 28 19 Inc has awarded 18 individual grants totaling $429,528. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF WORSHIP BOOKS AND/OR LEADERSHIP GUIDES TO CHURCHES, MISSIONARIES, WOMEN'S CONFERENCE AND OPERATION OF BIBLE STUDIES.
ASSISTANCE WITH PROPERTY AND OPERATIONS MANAGEMENT OF ST. ELIJAH ORTHODOX CHRISTIAN CHURCH. THIS INCLUDES SUPERVISING CONSTRUCTIONS AND MAINTENANCE PROJECTS AND TRANSLATING
TRANSLATION OF FATHER NASER'S TEACHINGS INTO ARABIC TO BE USED IN CHURCHES IN LEBANON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kory W Warr President/trustee | 10 | $0 | |
Robert Ross Vice President | 8 | $0 | |
Gail Moore Secretary/treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,985 |
| Dividends & Interest | $1,038 |
| Net Rental Income | $439,209 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $63 |
| Other Income | $227,052 |
| Total Revenue | $938,198 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $79,005 |
| Pension plans, employee benefits | $10,422 |
| Interest | $0 |
| Taxes | $52,167 |
| Depreciation | $114,890 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $173,066 |
| Total operating and administrative expenses | $731,323 |
| Contributions, gifts, grants paid | $183,860 |
| Total expenses and disbursements | $915,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,872,143 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $20,102 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $2,562,177 |
| Investments—mortgage loans | $0 |
| Investments—other | $69,884 |
| Net Land, buildings, and equipment | $125,513 |
| Other assets | $157,565 |
| Total assets | $4,818,859 |
| Accounts payable and accrued expenses | $38,288 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,288 |
Grants Awarded
Over the last fiscal year, 28 19 Inc has awarded $183,860 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ST ELIJAH CHRISTIAN CHURCH PURPOSE: GENERAL PURPOSES | $57,060 |
GRASS ROOTS DEVELOPMENT INC PURPOSE: GENERAL PURPOSES | $1,800 |
CHRISTIAN HERITAGE ACADEMY PURPOSE: GENERAL PURPOSES | $50,000 |
THE ORTHODOX YOUTH MINISTRIES (OYM) PURPOSE: GENERAL PURPOSES | $50,000 |
ORTHODOX CHRISTIAN FELLOWSHIP PURPOSE: MINISTRY TO COLLEGE STUDENTS | $25,000 |