Oasis Corporation
- Assets
- $556.0k
- Revenue
- $74.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Wichita, KS
- Founding
- 02/2005
- Data as of
- 12/2020
- EIN
- 90-0112819
Organization Overview
Oasis Corporation is located in Wichita, KS. The organization was established in 2005. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Oasis Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oasis Corporation 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, Oasis Corporation generated $74.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $222.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SETTING WHERE LIVES CAN BE REFRESHED AND RESTORED TO DISPLAY GODS SPLENDOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OASIS, A CHRIST CENTERED RETREAT CENTER, NON-DENOMINATIONAL CHURCH AND RANCH, PROVIDES A SETTING WHERE LIVES ARE BEING RESTORED AND REFRESHED SO CHRIST CAN BE DISPLAYED TO THE NATIONS. OUR MINISTRY REACHES LOCALLY, NATIONALLY, AND GLOBALLY. ABOUT 10 WEEKS A YEAR, THE RETREAT CENTER HOSTS CHURCH AND MISSION ORGANIZATIONS PROVIDING VALUABLE ORIENTATION, TRAINING AND DEBRIEFING TO YOUNG PEOPLE GOING OUT ON SHORT-TERM MISSION TRIPS OR AS FULL TIME MISSIONARIES. CHURCHES AND CHRISTIAN COLLEGES BRING STAFF, LEADERSHIP TEAMS OR SPORTS TEAMS FOR TEAM BUILDING, STRATEGY PLANNING AND GAME PLAYING. FAMILIES FIND A PEACEFUL AND FUN SETTING FOR REUNIONS. BUSINESSES GATHER FOR MEETINGS. RODEO QUEENS AND ANNOUNCERS FIND LODGING AND A CHANCE TO GATHER AROUND A CAMPFIRE DURING THE LOCAL RODEO. IN THE HEART OF THE PRAIRIE, PEOPLE GATHER FROM AROUND THE MIDWEST AT THE VISION 20 20 SUMMIT CONFERENCE TO EXPLORE HOW GOD IS CALLING THEM TO DO MORE. INDIVIDUALS OR COUPLES STAY IN THE PRAYER CABIN FOR A TIME OF PRAYER, SOOTHING REST AND RESTORATION. THE RETREATE CENTER BUSTLES WITH ACTIVITY OVER 150 DAYS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Pankratz President | OfficerTrustee | 45 | $58,200 |
Alden Dick Secretary | OfficerTrustee | 1 | $0 |
Ken Pauls Director | Trustee | 1 | $0 |
Keri Miller Director | Trustee | 1 | $0 |
Kelly Schmuker Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,935 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,635 |
| Total Program Service Revenue | $11,487 |
| Investment income | $61 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$134,373 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,546 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,274 |
| Grants and other assistance to domestic individuals. | $1,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,500 |
| Compensation of current officers, directors, key employees. | $4,850 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,636 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,734 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,022 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,314 |
| Travel | $3,262 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,206 |
| Insurance | $128 |
| All other expenses | $2,634 |
| Total functional expenses | $222,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,608 |
| Savings and temporary cash investments | $35,981 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $395,926 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,471 |
| Total assets | $555,986 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,784 |
| Total liabilities | $9,784 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $546,202 |
| Total liabilities and net assets/fund balances | $555,986 |
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