Oaks Initiative Inc is located in Holly Springs, NC. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oaks Initiative 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 undefined, Oaks Initiative Inc generated $21.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.6%) each year. All expenses for the organization totaled $40.7k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
NONE TO DATE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Hagood President | 5 | $0 | |
Robert Brown Vice President | 1 | $0 | |
Richard Gruzenski Tresurer | 2 | $0 | |
Kelly Hagood Secretary | 10 | $0 | |
Tim Epling Bod | 1 | $0 | |
Tyler Carroll Bod | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,741 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $626 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $21,367 |
Statement of Expenses | |
---|---|
Total expenses | $40,661 |
Balance Sheet | |
---|---|
Total assets | $52,600 |
Total liabilities | $0 |
Net assets or fund balances | $52,600 |
Over the last fiscal year, we have identified 1 grants that Oaks Initiative Inc has recieved totaling $9,801.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,801 |
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