Oremundo Inc
- Assets
- $29.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmhurst, TX
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-3675257
Organization Overview
Oremundo Inc is located in Palmhurst, TX. The organization was established in 2016. According to its NTEE Classification (B28) the organization is classified as: Special Education, 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. Oremundo 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 12/2021, Oremundo Inc generated $116.2k 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 (7.5%) each year. All expenses for the organization totaled $93.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Woodfield Vice-President | 40 | $4,000 | |
Russell Raymer Secretary-Director | 40 | $4,000 | |
Jonathan Latham President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,730 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,201 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $64,353 |
| Occupancy, rent, utilities, and maintenance | $4,200 |
| Printing, publications, postage, and shipping | $355 |
| Other expenses | $0 |
| Total expenses | $93,893 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,618 |
| Other assets | $0 |
| Total assets | $29,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,618 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Oremundo Inc has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Draw Academy Incorporated Houston, TX | $4,055,605 | $10,027,350 |
Child Study Center Fort Worth, TX | $14,339,570 | $9,360,325 |
Briarwood School Houston, TX | $7,638,237 | $8,954,444 |
Civitan Center Benton, AR | $7,426,072 | $8,172,929 |
Democracy Prep Louisiana Charter School Baton Rouge, LA | $3,691,538 | $8,557,999 |
American Youthworks Austin, TX | $6,412,892 | $7,780,759 |
Headwaters School Austin, TX | $15,508,663 | $9,385,546 |
Rawson-Saunders School Austin, TX | $10,139,958 | $7,632,087 |
Breakthrough Austin, TX | $6,336,652 | $7,283,574 |
C B King Memorial School Inc Mcgehee, AR | $4,468,962 | $8,314,228 |
Building Bridges Developmental And Community Services Inc Lonoke, AR | $6,531,650 | $8,766,866 |
Sunshine School & Development Center Rogers, AR | $4,897,076 | $5,947,490 |