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Nonprofiteer
← OASIS INSTITUTE

Form 990 for tax year 2023

Filed by OASIS INSTITUTE.

Totals

Total revenue
$2,457,964
Total expenses
$4,148,081
Contributions and grants received
$1,735,993
Grants paid
$1,649,855
Program service revenue
$583,468
Investment income
$11,697
Other revenue
$126,806
Total assets, end of year
$1,391,362
Total liabilities, end of year
$1,021,812
Net assets or fund balances, end of year
$369,550
Program services expenses (Part IX)
$3,301,411
Management and general expenses
$793,853
Fundraising expenses
$52,817
Program service expenses (Part III)
$3,301,411

Program services were 79.6% 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)

    $284,165

  • 1f · All other contributions, gifts and grants

    $1,451,828

  • 2a · Program service revenue: CLASS FEE REVENUE

    total $583,468 · related or exempt $583,468

  • 3 · Investment income

    total $11,697 · excluded $11,697

  • 6a · Gross rents

    real property $108,862

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $108,862

  • 6d · Net rental income or loss

    total $108,862 · excluded $108,862

  • 8a · Fundraising events: gross income

    $7,260

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $7,260 · excluded $7,260

  • 11a · Other revenue: CC REWARDS

    total $4,000 · excluded $4,000

  • 11b · Other revenue: MISC REVENUE

    total $2,684 · excluded $2,684

  • 11c · Other revenue: ADVERTISING INCOME

    total $2,000 · unrelated business $2,000

  • 11d · All other revenue

    total $2,000 · related or exempt $2,000

  • 11e · Other revenue, total

    $10,684

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,649,855 · program services $1,649,855

  • 5 · Compensation of officers, directors and key employees

    total $279,048 · program services $55,809 · management and general $223,239

  • 7 · Other salaries and wages

    total $644,446 · program services $637,040 · management and general $7,406

  • 9 · Other employee benefits

    total $43,381 · program services $38,708 · management and general $4,673

  • 10 · Payroll taxes

    total $72,355 · program services $54,745 · management and general $7,234 · fundraising $10,376

  • 11b · Fees: legal

    total $62,821 · management and general $62,821

  • 11g · Fees: other

    total $104,944 · program services $98,452 · management and general $6,492

  • 12 · Advertising and promotion

    total $225,688 · management and general $225,688

  • 16 · Occupancy

    total $146,892 · program services $79,775 · management and general $63,572 · fundraising $3,545

  • 17 · Travel

    total $9,270 · program services $7,014 · management and general $927 · fundraising $1,329

  • 19 · Conferences, conventions and meetings

    total $16,452 · program services $12,448 · management and general $1,645 · fundraising $2,359

  • 20 · Interest

    total $52,354 · program services $36,549 · management and general $12,446 · fundraising $3,359

  • 22 · Depreciation, depletion and amortization

    total $73,231 · program services $51,123 · management and general $17,409 · fundraising $4,699

  • 23 · Insurance

    total $24,373 · program services $17,015 · management and general $5,794 · fundraising $1,564

  • 24a · Other expenses: SUPPLIES & MATERIALS

    total $275,656 · program services $244,883 · management and general $12,641 · fundraising $18,132

  • 24b · Other expenses: INSTRUCTOR FEES

    total $273,179 · program services $273,179 · management and general $0 · fundraising $0

  • 24c · Other expenses: BANK FEES

    total $84,250 · program services $0 · management and general $84,250 · fundraising $0

  • 24d · Other expenses: MISC EXPENSE

    total $52,423 · program services $0 · management and general $52,423 · fundraising $0

  • 24e · All other expenses

    total $57,463 · program services $44,816 · management and general $5,193 · fundraising $7,454

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,038,515 · end of year $435,778

  • 3 · Pledges and grants receivable

    end of year $213,165

  • 4 · Accounts receivable

    beginning of year $157,613 · end of year $138,418

  • 9 · Prepaid expenses and deferred charges

    beginning of year $46,654 · end of year $43,636

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

    $625,785

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

    $281,976

  • 10c · Land, buildings and equipment, net

    beginning of year $4,927,526 · end of year $343,809

  • 14 · Intangible assets

    end of year $72,581

  • 15 · Other assets

    beginning of year $232,119 · end of year $143,975

  • 17 · Accounts payable and accrued expenses

    beginning of year $332,171 · end of year $163,809

  • 19 · Deferred revenue

    beginning of year $43,515 · end of year $136,106

  • 22 · Loans and payables to officers and key people

    end of year $225,000

  • 23 · Secured mortgages and notes payable

    end of year $350,000

  • 25 · Other liabilities

    beginning of year $3,800,000 · end of year $146,897

  • 27 · Net assets without donor restrictions

    beginning of year $1,606,188 · end of year -$251,003

  • 28 · Net assets with donor restrictions

    beginning of year $620,553 · end of year $620,553

Mission and programs · 2023

Mission

SAN DIEGO OASIS IS A NONPROFIT ORGANIZATION SERVING PEOPLE 50+ THROUGHOUT THE SAN DIEGO REGION. OUR MISSION IS TO PROMOTE SUCCESSFUL AGING THROUGH A THREE-FOLD APPROACH: LIFELONG LEARNING, HEALTHY LIVING AND INTERGENERATIONAL COMMUNITY SERVICE.

  • EDUCATION FOR LIFELONG LEARNING - SAN DIEGO OASIS PROVIDES EDUCATIONAL PROGRAMS FOR A BROAD AND DIVERSE AUDIENCE OF LIFELONG LEARNERS. TOPICS INCLUDE CREATIVE WRITING, FOREIGN LANGUAGES, HISTORY, PHILOSOPHY, ART, MUSIC, BOOK DISCUSSIONS, TECHNOLOGY, CURRENT EVENTS, CONSUMER AFFAIRS, AND SUPPORT GROUPS. PROGRAMS ARE OFFERED IN LOCATIONS THROUGHOUT THE SAN DIEGO COUNTY, INCLUDING OASIS CENTERS, LIBRARIES, COMMUNITY CENTERS AND SENIOR CENTERS.

    Expenses $2,092,814 · Grants $1,649,855 · Revenue $585,468

  • TECHNOLOGY - SAN DIEGO OASIS OFFERS A BROAD SPECTRUM OF TECHNOLOGY CLASSES FOR OLDER LEARNERS. COURSES INCLUDE UNDERSTANDING CLOUD AND WIFI, LEARNING TO USE A SMARTPHONE, ONLINE SAFETY, SOCIAL NETWORKS, MANAGING PHOTOS, GADGETS & GISMOS, STRONG PASSWORDS. THESE TECH WORKSHOPS HELP OLDER ADULTS IMPROVE THEIR TECHNOLOGY SKILLS TO MAKE IT POSSIBLE TO ENTER OR REENTER THE WORKFORCE, STAY CONNECTED TO FAMILIES, AND IMPROVE THEIR COMFORT AS ONLINE CONSUMERS. BESIDES FULLLENGTH CLASSES, OASIS OFFERS PROGRAMMING IN THE COX TECH TANK: ONE-ON-ONE TECH CONSULTATIONS AS WELL AS 30 MINUTE WORKSHOPS ON PRACTICAL TIPS, SUCH AS "WHAT IS A QR CODE?"

    Expenses $520,789

  • VOLUNTEER SERVICE - SAN DIEGO OASIS OFFERS A WIDE VARIETY OF VOLUNTEER EXPERIENCES, INCLUDING INTERGENERATIONAL MENTORING PROGRAMS THAT ADDRESS LITERACY. THROUGH THE ONE-ON-ONE OASIS INTERGENERATIONAL TUTORING PROGRAM, TRAINED VOLUNTEERS SERVE AS READING TUTORS FOR PRIMARY GRADE STUDENTS IN 11 SCHOOL DISTRICTS, CURRENTLY SERVING MORE THAN 100 ELEMENTARY SCHOOLS. VOLUNTEERS ALSO SERVE IN ADMINISTRATIVE ROLES AS COURSE INSTRUCTORS, OASIS CENTER VOLUNTEERS, AND AMBASSADORS.

    Expenses $395,887

  • HEALTH: THROUGHOUT THE SAN DIEGO COUNTY, IN ITS FULL TIME CENTERS AND PARTNER LOCATIONS, SAN DIEGO OASIS OFFERS A BROAD VARIETY OF EXERCISE AND FITNESS CLASSES, AS WELL AS HEALTH EDUCATION PROGRAMS IN AREAS OF NUTRITION, DISEASE MANAGEMENT, SENSORY CHANGES, MENTAL HEALTH, MEMORY, AND GENERAL HEALTH PROMOTION.

    Expenses $291,921

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

Listed in Part VII

  • Danielle Finch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Frank Hoffstadt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Hon William H Wise

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Judy Lewis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Julie Derry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Krishna Arora

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Paul Weiss

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Sue Bradham

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Tracey Stotz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • David Chong

    BD GOVERNANCE

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Jonathan E Doering

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Mark Allen

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Michael Craig

    CHIEF OPERATIONS OFFICER

    Total calculated
    $104,037
    From this org
    $103,909
    From related orgs
    $0
    Other
    $128
    Hours/week
    1 + 1 related

  • Mike Bardin

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 0.1 related

  • Simona Valanciute

    PRESIDENT / CEO

    Total calculated
    $175,012
    From this org
    $164,567
    From related orgs
    $0
    Other
    $10,445
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $164,567
    Bonus
    $0
    Other
    $0
    Deferred
    $4,931
    Nontaxable benefits
    $5,514
    Filer's total
    $175,012

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

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
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349328888

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