Outer Atoll Resources
- Assets
- $15.7k
- Revenue
- $94.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 12/2018
- Data as of
- 10/2023
- EIN
- 83-2361525
Organization Overview
Outer Atoll Resources is located in Salem, OR. The organization was established in 2018. According to its NTEE Classification (K02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Outer Atoll Resources 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 10/2023, Outer Atoll Resources generated $94.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.8% each year . All expenses for the organization totaled $113.3k during the year ending 10/2023. While expenses have increased by 55.4% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTS PEOPLE IN THE NORTH PACIFIC ISLANDS, SPECIFICALLY BUT NOT LIMITED TO THE FEDERATED STATES OF MICRONESIA. SENDS DONATIONS FOR DISASTER PREPAREDNES/RELIEF, PROVIDES GRANT WRITING, AND PROMOTES SUSTAINABLE SOCIAL ENTREPRENEURSHIP
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Collen Frank President | 10 | $0 | |
Solomon Frank Vice Pres. | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $94,518 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,109 |
| Depreciation | $369 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $110,293 |
| Total operating and administrative expenses | $113,271 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $113,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,537 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $184 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,721 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $49,135 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $50,000 |
| Total liabilities | $99,135 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tri-State Livestock Credit Corp Rancho Cordova, CA | $57,367,828 | $5,502,561 |
Outer Atoll Resources Salem, OR | $15,721 | $94,519 |
Napa Seafood Foundation San Rafael, CA | $58,017 | $0 |
Agricultural Lending Institute Inc Clovis, CA | $56,770 | $0 |
Detente Foundation Newport Beach, CA | $0 | $0 |
Thank A Farmer Las Vegas, NV | $0 | $0 |
Small Scale Farms Portland, OR | $4,584 | $23,595 |
Amorsolo Foundation Incorporated Los Angeles, CA | $0 | $0 |
E&m Foundation Las Vegas, NV | $0 | $0 |