Naro Foundation Inc
- Assets
- $97.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 01/2003
- Data as of
- 12/2020
- EIN
- 82-0557937
Organization Overview
Naro Foundation Inc is located in Tulsa, OK. The organization was established in 2003. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naro Foundation 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 12/2020, Naro Foundation Inc generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (29.4%) each year. All expenses for the organization totaled $21.7k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDED SUPPORT FOR THE CERTIFIED MINERALS MANAGER (CMM) PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Fleet Director | 4 | $0 | |
Diane Karnuth Director | 1 | $0 | |
Kelle Jernigan Director | 1 | $0 | |
Rick Howell Director | 1 | $0 | |
David Sikes Director | 1 | $0 | |
Kim Springfield Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,332 |
| Membership dues | $0 |
| Investment income | $5,213 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,545 |
| 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 | $79 |
| Occupancy, rent, utilities, and maintenance | $6,558 |
| Printing, publications, postage, and shipping | $95 |
| Other expenses | $14,948 |
| Total expenses | $21,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,692 |
| Other assets | $0 |
| Total assets | $97,454 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,454 |