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Nonprofiteer
← OSI FOUNDATION INC

Form 990 for tax year 2023

Filed by OSI FOUNDATION INC.

Totals

Total revenue
$84,925
Total expenses
$92,511
Contributions and grants received
$83,000
Grants paid
$89,000
Program service revenue
$0
Investment income
$1,925
Other revenue
$0
Total assets, end of year
$66,101
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$66,101
Program services expenses (Part IX)
$92,511
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$92,511

Program services were 100.0% 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.

  • 1d · Related organizations

    $18,000

  • 1e · Government grants (contributions)

    $30,000

  • 1f · All other contributions, gifts and grants

    $35,000

  • 3 · Investment income

    total $1,925 · excluded $1,925

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $89,000 · program services $89,000

  • 11a · Fees: management

    total $1,660 · program services $1,660

  • 11c · Fees: accounting

    total $1,851 · program services $1,851

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $75,417 · end of year $66,101

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,730 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $72,987 · end of year $65,401

  • 28 · Net assets with donor restrictions

    beginning of year $700 · end of year $700

Mission and programs · 2023

Mission

TO SUPPORT THE CHARITABLE ECONOMIC DEVELOPMENT ACTIVITIES OF ONE SOUTHERN INDIANA. ONE SOUTHERN INDIANA SEEKS TO IMPLEMENT CHANGE IN ORDER TO ESTABLISH STRONGER ECONOMIC GROWTH, A BETTER EDUCATED AND BETTER PAID WORKFORCE, AND A STRUCTURE OF ADVOCACY WITH THE STATE OF INDIANA.

  • FUNDS WERE USED TO SUPPORT THE CHARITABLE ECONOMIC AND TALENT DEVELOPMENT INITIATIVES OF ONE SOUTHERN INDIANA.

    Expenses $92,511 · Grants $89,000

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

Listed in Part VII

  • Charlie Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Greg Neely

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jason Lopp

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Scott Olinger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Susan Graston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Willie Billingslea III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Le Ann Scott

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Chris Loop

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

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

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
28 March 2025
IRS schema version
2023v6.0
Source object
202500999349300115

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