Ocosta Foundation
- Assets
- $440.6k
- Revenue
- $62.5k
- Investments
- $370.0k
- Employees
- 0
- Location
- Aberdeen, WA
- Founding
- 07/1985
- Data as of
- 09/2021
- EIN
- 91-1294336
Organization Overview
Ocosta Foundation is located in Aberdeen, WA. The organization was established in 1985. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Ocosta 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 09/2021, Ocosta Foundation generated $62.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.3% each year . All expenses for the organization totaled $13.7k during the year ending 09/2021. While expenses have increased by 2.6% 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PAID COLLEGE SCHOLARSHIPS TO 8 STUDENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Carter-Bowhay Director | 0 | $0 | |
Robert A Barene Treasurer | 0 | $0 | |
Francie Hindman President | 0 | $0 | |
Teri Hulbert Director | 0 | $0 | |
Philip D Leavenworth Director | 0 | $0 | |
Heather Sweet Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,360 |
| Interest on Savings | $4,555 |
| Dividends & Interest | $4,627 |
| 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 | $62,542 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $127 |
| Contributions, gifts, grants paid | $13,600 |
| Total expenses and disbursements | $13,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,010 |
| Savings and temporary cash investments | $34,661 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $302,078 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $440,647 |
| 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 | $1,509 |
| Total liabilities | $1,509 |
Grants Awarded
Over the last fiscal year, Ocosta Foundation has awarded $13,600 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COLBY SCHEUBERT PURPOSE: COLLEGE SCHOLARSHIP | $3,550 |
EMERSON HATTON PURPOSE: COLLEGE SCHOLARSHIP | $3,050 |
RONNI GRAHAM PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |
HARLEY DANIELS PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |
HAILEY JONES PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
KJIRSTIN HOPFER PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Arctic Education Foundation Anchorage, AK | $36,876,877 | $4,892,952 |
College Dreams Inc Grants Pass, OR | $2,542,440 | $3,694,638 |
Calista Education And Culture Inc Anchorage, AK | $4,627,713 | $2,487,452 |
Kmr Group Foundation Vancouver, WA | $32,236,591 | $1,808,486 |
Aleut Foundation Anchorage, AK | $925,739 | $1,724,058 |
R Merle Palmer Minority Scholarship Foundation Tacoma, WA | $1,801,300 | $1,443,994 |
Greater Seattle Business Assoc Scholarship Fund Seattle, WA | $4,889,386 | $1,584,416 |
One Ummah Foundation In Memory Of Mustafa Saeed Rahman Lake Oswego, OR | $1,906,238 | $1,873,006 |