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Nonprofiteer
← OASIS INSTITUTE

Form 990 for tax year 2022

Filed by OASIS INSTITUTE.

Totals

Total revenue
$584,543
Total expenses
$712,935
Contributions and grants received
$368,343
Grants paid
$0
Program service revenue
$203,109
Investment income
$8,451
Other revenue
$4,640
Total assets, end of year
$683,761
Total liabilities, end of year
$178,203
Net assets or fund balances, end of year
$505,558
Program services expenses (Part IX)
$554,219
Management and general expenses
$125,894
Fundraising expenses
$32,822
Program service expenses (Part III)
$554,219

Program services were 77.7% 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.

  • 1a · Federated campaigns

    $40,000

  • 1e · Government grants (contributions)

    $129,408

  • 1f · All other contributions, gifts and grants

    $198,935

  • 1g · Noncash contributions included above

    $3,599

  • 2a · Program service revenue: EDUCATION

    total $174,826 · related or exempt $174,826

  • 2b · Program service revenue: HEALTH

    total $28,283 · related or exempt $28,283

  • 3 · Investment income

    total $8,411 · excluded $8,411

  • 7a · Gross sales of assets other than inventory

    securities $99,987

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

    securities $99,947

  • 7c · Gain or loss

    securities $40

  • 7d · Net gain or loss

    total $40 · excluded $40

  • 11d · All other revenue

    total $4,640 · excluded $4,640

  • 11e · Other revenue, total

    $4,640

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $91,332 · program services $63,932 · management and general $13,700 · fundraising $13,700

  • 7 · Other salaries and wages

    total $238,337 · program services $212,683 · management and general $21,735 · fundraising $3,919

  • 8 · Pension plan contributions

    total $2,882 · program services $2,707 · management and general $175

  • 9 · Other employee benefits

    total $27,824 · program services $23,515 · management and general $2,979 · fundraising $1,330

  • 10 · Payroll taxes

    total $25,659 · program services $21,563 · management and general $2,748 · fundraising $1,348

  • 11c · Fees: accounting

    total $29,449 · management and general $29,449

  • 11g · Fees: other

    total $29,616 · program services $10,976 · management and general $18,640

  • 12 · Advertising and promotion

    total $37 · management and general $37

  • 13 · Office expenses

    total $27,854 · program services $23,487 · management and general $3,608 · fundraising $759

  • 16 · Occupancy

    total $53,479 · program services $45,229 · management and general $6,323 · fundraising $1,927

  • 17 · Travel

    total $613 · management and general $613

  • 19 · Conferences, conventions and meetings

    total $930 · program services $357 · management and general $573

  • 22 · Depreciation, depletion and amortization

    total $42,100 · program services $35,640 · management and general $4,906 · fundraising $1,554

  • 23 · Insurance

    total $4,787 · management and general $4,787

  • 24a · Other expenses: INSTRUCTORS

    total $66,058 · program services $66,058

  • 24b · Other expenses: CATALOG PRINTING

    total $16,743 · program services $16,743

  • 24c · Other expenses: PROGRAM MATERIALS

    total $13,313 · program services $13,109 · management and general $204

  • 24d · Other expenses: PAYROLL AND OTHER FEES

    total $12,608 · management and general $12,608

  • 24e · All other expenses

    total $29,314 · program services $18,220 · management and general $2,809 · fundraising $8,285

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $46,976 · end of year $103,775

  • 2 · Savings and temporary cash investments

    beginning of year $50,463 · end of year $30,976

  • 3 · Pledges and grants receivable

    beginning of year $10,000 · end of year $65,402

  • 4 · Accounts receivable

    beginning of year $5,850 · end of year $3,750

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,690 · end of year $7,370

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

    $319,964

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

    $244,764

  • 10c · Land, buildings and equipment, net

    beginning of year $113,701 · end of year $75,200

  • 11 · Investments: publicly traded securities

    beginning of year $388,955 · end of year $234,910

  • 15 · Other assets

    beginning of year $184,860 · end of year $162,378

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,721 · end of year $72,595

  • 19 · Deferred revenue

    beginning of year $37,309 · end of year $35,300

  • 25 · Other liabilities

    beginning of year $4,652 · end of year $70,308

  • 27 · Net assets without donor restrictions

    beginning of year $631,082 · end of year $419,097

  • 28 · Net assets with donor restrictions

    beginning of year $73,731 · end of year $86,461

Mission and programs · 2022

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.

  • EDUCATION - ALBUQUERQUE OASIS OFFERS COURSES AND PRESENTATIONS ACROSS A WIDE RANGE OF SUBJECTS, INCLUDING THE ARTS, SCIENCE, HUMANITIES, WELLNESS/HEALTH, MUSICAL PERFORMANCES, AND AS WELL AS HIKES AND WALKS. OASIS CURTAILED BUT DID NOT COMPLETELY ELIMINATE OFF-SITE OFFERINGS, MUSICAL PERFORMANCES, AND DAY TRIPS DUE TO THE CONTINUING EFFECTS OF THE COVID-19 PANDEMIC. EDUCATIONAL OFFERINGS CONTINUED TO BE PROVIDED THROUGH A VARIETY OF METHODS - ONLINE USING THE ZOOM PLATFORM, IN-PERSON, AND THROUGH A HYBRID MODEL (BOTH IN-PERSON AND ON ZOOM AT THE SAME TIME). ALBUQUERQUE OASIS SCHEDULES APPROXIMATELY 140 TO 170 EDIFYING TOPICS EACH TRIMESTER THAT ARE TAUGHT BY QUALIFIED ACADEMIC AND PROFESSIONAL INSTRUCTORS. (CONTINUED ON SCHEDULE O)IN 2022 AND 2021, ALBUQUERQUE OASIS OFFERED 471 AND 423 CLASSES AND ENROLLED 2,295 AND 1,983 UNIQUE PARTICIPANTS, RESPECTIVELY.

    Expenses $270,251 · Revenue $174,826

  • VOLUNTEER SERVICE - ALBUQUERQUE OASIS WORKS WITH THE ALBUQUERQUE PUBLIC SCHOOL DISTRICT, BELEN CONSOLIDATED SCHOOLS, AND THE BERNALILLO PUBLIC SCHOOL DISTRICT TO OFFER THE OASIS INTERGENERATIONAL TUTORING PROGRAM. 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 2021-2022 SCHOOL YEAR, TUTORING RETURNED TO IN-PERSON WITH 225 VOLUNTEERS TOTAL (BOTH RETURNING AND NEWLY TRAINED).IN 2022 AND 2021, 356 AND 360 VOLUNTEERS, RESPECTIVELY, SERVED THE ALBUQUERQUE COMMUNITY THROUGH ALBUQUERQUE OASIS.

    Expenses $160,944

  • HEALTH - ALBUQUERQUE OASIS FOCUSES ON INCREASING AWARENESS, KNOWLEDGE AND SKILLS FOR OLDER ADULTS TO ADDRESS THEIR INDIVIDUAL HEALTH AND WELLNESS NEEDS. THE CLASSES EMPHASIZE CURRENT RESEARCH ON AGING, FALLS PREVENTION, PHYSICAL ACTIVITIES AND EXERCISE, AS WELL AS OTHER HEALTH ISSUES FACING OLDER ADULTS. IN 2022, OASIS OFFERED A VARIETY OF EXERCISE CLASSES, MANY OF WHICH ARE EVIDENCE-BASED, BOTH IN PERSON AND THROUGH THE ZOOM ONLINE PLATFORM.

    Expenses $112,000 · Revenue $28,283

  • 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 $11,024

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAWN ANDERSON

    TREASURER

    Total calculated
    $133,436
    From this org
    $0
    From related orgs
    $116,915
    Other
    $16,521
    Hours/week
    1

  • KATHLEEN RASKOB

    EXECUTIVE DIRECTOR

    Total calculated
    $91,332
    From this org
    $88,269
    From related orgs
    $0
    Other
    $3,063
    Hours/week
    40

  • LORNA M WIGGINS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • BRET HEINRICH

    VICE CHAIR

    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

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
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202343159349300134

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

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