Skip to content
Nonprofiteer
← OKLAHOMA PUBLIC SCHOOL RESOURCE CENTER EIGO INC

Form 990 for tax year 2022

Filed by OKLAHOMA PUBLIC SCHOOL RESOURCE CENTER EIGO INC.

Totals

Total revenue
$717,500
Total expenses
$237,531
Contributions and grants received
$717,500
Grants paid
$235,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$588,831
Total liabilities, end of year
$2,500
Net assets or fund balances, end of year
$586,331
Program services expenses (Part IX)
$235,000
Management and general expenses
$2,531
Fundraising expenses
$0
Program service expenses (Part III)
$235,000

Program services were 98.9% 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.

  • 1f · All other contributions, gifts and grants

    $717,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $235,000 · program services $235,000

  • 11c · Fees: accounting

    total $2,500 · management and general $2,500

  • 11g · Fees: other

    total $31 · management and general $31

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $41,362 · end of year $275,831

  • 3 · Pledges and grants receivable

    beginning of year $75,000 · end of year $313,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,600 · end of year $2,500

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $112,762 · end of year $586,331

Mission and programs · 2022

Mission

THE CATALYST ED FUND (CEF) IS A UNIQUE TAX CREDIT PROGRAM THAT ALLOWS BUSINESSES TO DIRECTLY SUPPORT INNOVATIVE EDUCATIONAL PROGRAMS IN OKLAHOMA'S RURAL PUBLIC SCHOOLS. THESE FUNDS WILL SIGNIFICANTLY IMPACT PUBLIC SCHOOLS' ABILITY TO DELIVER AN EXCELLENT EDUCATION TO STUDENTS IN OKLAHOMA'S RURAL PUBLIC SCHOOL.

  • GRANTS PROVIDED TO ELIGIBLE MEMBER SCHOOLS.

    Expenses $235,000 · Grants $235,000

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

Listed in Part VII

  • Robert J Ross

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Scott Smith

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Brent Bushey

    EXECUTIVE DIRECTOR

    Total calculated
    $161,952
    From this org
    $0
    From related orgs
    $139,342
    Other
    $22,610
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,342 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $3,843 related
    Nontaxable benefits
    $0 + $18,767 related
    Filer's total
    $0 + $161,952 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • NORMAN PUBLIC SCHOOL

    $100,000

    SCHOOL OPERATIONS

  • PLAINVIEW PUBLIC SCHOOL

    $65,000

    SCHOOL OPERATIONS

  • BOISE CITY PUBLIC SCHOOL

    $50,000

    SCHOOL OPERATIONS

  • HARDESTY PUBLIC SCHOOL

    $10,000

    SCHOOL OPERATIONS

  • SCHOOL OPERATIONS

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
13 May 2024
IRS schema version
2022v5.0
Source object
202421359349306332

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

The source document this was parsed from is served over the API, which is where bulk and document access live.