Verge Entrepreneurship Hub Foundation
- Assets
- $633.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- Data as of
- 12/2023
- EIN
- 87-2713778
Organization Overview
Verge Entrepreneurship Hub Foundation is located in Oklahoma City, OK. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verge Entrepreneurship Hub Foundation 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 12/2023, Verge Entrepreneurship Hub Foundation generated $1.3m in total revenue.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE, SUPPORT, AND CHAMPION OKC'S ENTREPRENEURIAL COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathaniel Harding President | 1 | $0 | |
Tyler Tokarczyk Treasurer | 1 | $0 | |
Chad Jordan Secretary | 1 | $0 | |
Allison Watkins Member | 1 | $0 | |
Deandre Martin Member | 1 | $0 | |
Dr Tabatha Carr Nd Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $997,671 |
| Interest on Savings | $0 |
| 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 | $313,530 |
| Total Revenue | $1,311,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $222,424 |
| Pension plans, employee benefits | $19,424 |
| Interest | $0 |
| Taxes | $20,267 |
| Depreciation | $0 |
| Occupancy | $415,489 |
| Travel, conferences, and meetings | $32,690 |
| Printing and publications | $0 |
| Other expenses | $181,401 |
| Total operating and administrative expenses | $933,558 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $933,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $453,814 |
| 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 | $179,561 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $633,375 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |