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Nonprofiteer
← OASIS INSTITUTE

Form 990 for tax year 2023

Filed by OASIS INSTITUTE.

Totals

Total revenue
$586,087
Total expenses
$740,470
Contributions and grants received
$295,210
Grants paid
$0
Program service revenue
$282,340
Investment income
$8,284
Other revenue
$253
Total assets, end of year
$692,801
Total liabilities, end of year
$299,121
Net assets or fund balances, end of year
$393,680
Program services expenses (Part IX)
$578,270
Management and general expenses
$132,099
Fundraising expenses
$30,101
Program service expenses (Part III)
$578,270

Program services were 78.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $74,051

  • 1f · All other contributions, gifts and grants

    $221,159

  • 2a · Program service revenue: EDUCATION

    total $244,047 · related or exempt $244,047

  • 2b · Program service revenue: HEALTH

    total $38,293 · related or exempt $38,293

  • 3 · Investment income

    total $8,029 · excluded $8,029

  • 7a · Gross sales of assets other than inventory

    securities $27,009

  • 7b · Less cost or other basis and sales expenses

    securities $26,754

  • 7c · Gain or loss

    securities $255

  • 7d · Net gain or loss

    total $255 · excluded $255

  • 11a · Other revenue: OTHER

    total $253 · excluded $253

  • 11e · Other revenue, total

    $253

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $95,414 · program services $81,787 · management and general $8,625 · fundraising $5,002

  • 7 · Other salaries and wages

    total $224,571 · program services $192,621 · management and general $20,160 · fundraising $11,790

  • 9 · Other employee benefits

    total $27,233 · program services $23,257 · management and general $2,560 · fundraising $1,416

  • 10 · Payroll taxes

    total $24,978 · program services $21,331 · management and general $2,348 · fundraising $1,299

  • 11c · Fees: accounting

    total $45,086 · management and general $45,086

  • 11g · Fees: other

    total $33,468 · program services $19,843 · management and general $13,625

  • 13 · Office expenses

    total $26,176 · program services $22,190 · management and general $3,016 · fundraising $970

  • 16 · Occupancy

    total $65,135 · program services $55,174 · management and general $7,637 · fundraising $2,324

  • 17 · Travel

    total $5,941 · program services $5,466 · management and general $475

  • 19 · Conferences, conventions and meetings

    total $399 · management and general $399

  • 22 · Depreciation, depletion and amortization

    total $42,344 · program services $35,894 · management and general $4,881 · fundraising $1,569

  • 23 · Insurance

    total $7,718 · management and general $7,718

  • 24a · Other expenses: INSTRUCTORS

    total $72,383 · program services $72,383

  • 24b · Other expenses: CATALOG PRINTING

    total $24,671 · program services $24,362 · management and general $293 · fundraising $16

  • 24c · Other expenses: PAYROLL AND OTHER FEES

    total $14,538 · management and general $14,538

  • 24d · Other expenses: PROGRAM MATERIALS

    total $11,311 · program services $10,660 · management and general $651

  • 24e · All other expenses

    total $19,104 · program services $13,302 · management and general $87 · fundraising $5,715

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $103,775 · end of year $104,277

  • 2 · Savings and temporary cash investments

    beginning of year $30,976 · end of year $32,552

  • 3 · Pledges and grants receivable

    beginning of year $65,402 · end of year $28,335

  • 4 · Accounts receivable

    beginning of year $3,750 · end of year $1,750

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,370 · end of year $3,673

  • 10a · Land, buildings and equipment: cost or other basis

    $319,954

  • 10b · Land, buildings and equipment: accumulated depreciation

    $287,098

  • 10c · Land, buildings and equipment, net

    beginning of year $75,200 · end of year $32,856

  • 11 · Investments: publicly traded securities

    beginning of year $234,910 · end of year $280,349

  • 15 · Other assets

    beginning of year $162,378 · end of year $209,009

  • 17 · Accounts payable and accrued expenses

    beginning of year $86,447 · end of year $63,869

  • 19 · Deferred revenue

    beginning of year $35,300 · end of year $31,082

  • 25 · Other liabilities

    beginning of year $56,456 · end of year $204,170

  • 27 · Net assets without donor restrictions

    beginning of year $419,097 · end of year $332,681

  • 28 · Net assets with donor restrictions

    beginning of year $86,461 · end of year $60,999

Mission and programs · 2023

Mission

TO PROMOTE SUCCESSFUL AGING FOR ADULTS AGE 50 AND OLDER THROUGH LIFELONG LEARNING, HEALTH PROGRAMS AND VOLUNTEER ENGAGEMENT. OUR VISION IS THAT ADULTS AGE 50 PLUS HAVE OPPORTUNITIES TO PURSUE VIBRANT, HEALTHY, PRODUCTIVE AND MEANINGFUL LIVES.

Activities or mission (Part I)

TO ENRICH THE LIVES OF MATURE ADULTS THROUGH LIFELONG LEARNING AND SERVICE OPPORTUNITIES.

  • ALBUQUERQUE OASIS OFFERS EDUCATIONAL OPPORTUNITIES ACROSS A WIDE RANGE OF SUBJECTS. OUR CLASSES, PRESENTATIONS, HIKES, WALKS, AND GROUPS FALL INTO THE FOLLOWING CATEGORIES: ART, CONSUMER, CURRENT EVENTS, FILM & TV, FOOD & NUTRITION, HEALTH, HISTORY, LITERATURE, MUSIC, PERFORMING ARTS, PERFORMANCES, PERSONAL ENRICHMENT, PHILOSOPHY, RELIGION & SPIRITUALITY, SCIENCE, MATH, & NATURE, SOUTHWEST, TECHNOLOGY, AND TRIPS & TRAVEL.OASIS OFFERS OUR EDUCATIONAL OPPORTUNITIES THROUGH IN-PERSON CLASSES, A HYBRID FORMAT WHICH PAIRS IN-PERSON WITH AN ONLINE PLATFORM, AND FULL ONLINE CLASSES THROUGH THE OASIS INSTITUTE. EVERY CLASS AT OASIS IS TAUGHT BY A QUALIFIED INSTRUCTOR WHO EXHIBITS EITHER ACADEMIC CREDENTIALS, PROFESSIONAL EXPERIENCE, OR DEMONSTRATED LIFE-EXPERIENCE RELEVANT TO THE TOPIC. IN 2023 OASIS OFFERED A TOTAL OF 434 CLASSES OVER THE COURSE OF THREE TRIMESTERS.

    Expenses $231,937 · Revenue $244,047

  • VOLUNTEER SERVICE THROUGH ALBUQUERQUE OASIS IS PRIMARILY DEMONSTRATED THROUGH THE OASIS INTERGENERATIONAL TUTORING PROGRAM. TUTORS WORK WITH THREE PUBLIC SCHOOL DISTRICTS: ALBUQUERQUE PUBLIC SCHOOLS, BELEN CONSOLIDATED SCHOOLS, AND THE BERNALILLO PUBLIC SCHOOL DISTRICT. THIS PROGRAM TRAINS AND MATCHES VOLUNTEER TUTORS WITH PRIMARY GRADE CHILDREN (K-4) TO BUILD READING SKILLS, CONFIDENCE, AND POSITIVE ATTITUDES TOWARD READING AND LEARNING. DURING THE 2023 SCHOOL YEAR, THE OASIS INTERGENERATIONAL TUTORING PROGRAM TALLIED A TOTAL OF 14,991.25 VOLUNTEER HOURS.

    Expenses $168,965

  • ALBUQUERQUE OASIS PROMOTES WELLNESS THROUGH OUR HEALTH & WELLNESS PROGRAMMING. BY INCREASING AWARENESS, KNOWLEDGE, AND SKILLS FOR OLDER ADULTS IN THE AREAS OF HEALTH AND WELLNESS, ALBUQUERQUE OASIS PROMOTES HEALTHY AGING. OUR HEALTH AND WELLNESS CLASSES EMPHASIZE CURRENT RESEARCH ON AGING, FALLS PREVENTION, PHYSICAL ACTIVITY, DIET, AND EXERCISE. IN 2023, OASIS OFFERED A VARIETY OF BOTH EVIDENCE-BASED AND NON-EVIDENCE-BASED HEALTH AND WELLNESS CLASSES THROUGH IN-PERSON CLASSES, AND ONLINE.

    Expenses $165,511 · Revenue $38,293

  • TECHNOLOGY LITERACY - ALBUQUERQUE OASIS PROVIDES A VARIETY OF TECHNOLOGY CLASSES FOR ITS PARTICIPANTS TO ASSIST OLDER ADULTS IMPROVE THEIR TECHNOLOGY LITERACY. THIS EVIDENCE-BASED CONNECTIONS CURRICULUM, DEVELOPED AND UPDATED ON AN ON-GOING BASIS BY THE OASIS INSTITUTE, INCLUDES TOPICS SUCH AS ANDROID AND IPHONE BASICS AND INTERMEDIATE PHONE SKILLS AND CYBERCRIME FIGHTERS, WHICH PROVIDES INFORMATION ON SCAMS, PHISHING AND PASSWORD PROTECTION.

    Expenses $11,857

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dawn Anderson

    TREASURER

    Total calculated
    $136,338
    From this org
    $0
    From related orgs
    $114,570
    Other
    $21,768
    Hours/week
    1

  • Lorna M Wiggins

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Bret Heinrich

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Anne Sapon

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Chrissy Akes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wei-Ann Bay MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William Itoh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Todd Griffin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Raskob

    EXECUTIVE DIRECTOR

    Total calculated
    $95,414
    From this org
    $80,382
    From related orgs
    $0
    Other
    $15,032
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202433189349301718

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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