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Nonprofiteer
← WES WELKER FOUNDATION

Form 990 for tax year 2022

Filed by WES WELKER FOUNDATION.

Totals

Total revenue
$253,661
Total expenses
$279,327
Contributions and grants received
$272,223
Grants paid
$135,929
Program service revenue
$0
Investment income
-$26,820
Other revenue
$8,258
Total assets, end of year
$1,122,370
Total liabilities, end of year
$128,506
Net assets or fund balances, end of year
$993,864
Program services expenses (Part IX)
$208,536
Management and general expenses
$53,181
Fundraising expenses
$17,610
Program service expenses (Part III)
$208,536

Program services were 74.7% 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.

  • 1f · All other contributions, gifts and grants

    $272,223

  • 3 · Investment income

    total $15,955 · excluded $15,955

  • 7a · Gross sales of assets other than inventory

    securities $547,390

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

    securities $590,165

  • 7c · Gain or loss

    securities -$42,775

  • 7d · Net gain or loss

    total -$42,775 · related or exempt -$42,775

  • 8a · Fundraising events: gross income

    $50,800

  • 8b · Fundraising events: direct expenses

    $42,542

  • 8c · Net income from fundraising events

    total $8,258

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $135,929 · program services $135,929

  • 5 · Compensation of officers, directors and key employees

    total $56,000 · program services $33,600 · management and general $11,200 · fundraising $11,200

  • 7 · Other salaries and wages

    total $26,030 · program services $15,618 · management and general $5,206 · fundraising $5,206

  • 10 · Payroll taxes

    total $6,022 · program services $3,614 · management and general $1,204 · fundraising $1,204

  • 11c · Fees: accounting

    total $6,719 · management and general $6,719

  • 11f · Fees: investment management

    total $2,916 · management and general $2,916

  • 12 · Advertising and promotion

    total $4,986 · management and general $4,986

  • 13 · Office expenses

    total $2,790 · management and general $2,790

  • 14 · Information technology

    total $900 · management and general $900

  • 16 · Occupancy

    total $6,929 · management and general $6,929

  • 23 · Insurance

    total $4,228 · management and general $4,228

  • 24a · Other expenses: SPORTS CAMPS

    total $11,363 · program services $11,363

  • 24b · Other expenses: CHEER PREVIEW

    total $8,392 · program services $8,392

  • 24c · Other expenses: CREDIT CARD/BANK CHARGES

    total $2,996 · program services $20 · management and general $2,976

  • 24d · Other expenses: OTHER EXPENSES

    total $2,494 · management and general $2,494

  • 24e · All other expenses

    total $633 · management and general $633

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $627,795 · end of year $596,053

  • 3 · Pledges and grants receivable

    beginning of year $11,459 · end of year $650

  • 11 · Investments: publicly traded securities

    beginning of year $587,051 · end of year $525,667

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,408 · end of year $3,154

  • 18 · Grants payable

    beginning of year $112,674 · end of year $125,352

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,110,223 · end of year $993,864

Mission and programs · 2022

Mission

TO INFLUENCE AT-RISK YOUTH BY ENCOURAGING THEIR FULL POTENTIAL THROUGH ATHLETICS AND POSITIVE ROLE MODELS.

  • OUR PRIMARY FOCUS CURRENTLY IS TO PROVIDE ATHLETIC EQUIPMENT, UNIFORMS, AND SIMILAR ITEMS TO OKLAHOMA CITY AREA SCHOOLS AND ORGANIZATIONS THAT LACK FUNDING FOR EXTRACURRICULAR ACTIVITIES AND SPORTS. DURING 2022 WE AWARDED GRANTS TO 14 OKLAHOMA CITY AREA SCHOOLS AND NONPROFITS.

    Expenses $188,781 · Grants $135,929

  • THE FOUNDATION HELD A ONE DAY 7-ON-7 FOOTBALL CAMP FOR FOOTBALL TEAMS FROM 12 AREA HIGH SCHOOLS. THE EVENT WAS ORGANIZED BY A COMMITTEE OF COMMUNITY VOLUNTEERS AND BOARD MEMBERS AND IS AT NO COST TO THE TEAMS. VOLUNTEERS WORKED TO PROVIDE THE STUDENT-ATHLETES WITH DRI-FIT JERSEYS, REUSABLE WATER BOTTLES, SNACKS AND MEALS. THE FOUNDATION HAD A TOTAL OF APPROXIMATELY 25 VOLUNTEERS AND IT IS ESTIMATED THAT 250-350 PLAYERS AND COACHES PARTICIPATED IN THE CAMP.

    Expenses $11,363

  • A SECOND ONE DAY EVENT, GAME DAY CHEER PREVIEW, WAS ALSO HELD IN 2022. 12 AREA HIGH SCHOOL CHEER TEAMS PARTICIPATED AND WERE SERVED DINNER AND EACH PARTICIPANT WAS GIVEN A BACKPACK. IT IS ESTIMATED THAT 100-150 CHEER TEAM MEMBERS AND COACHES PARTICIPATED. A COMMITTEE OF VOLUNTEERS, ALONG WITH THE ASSISTANCE OF THE STAFF, ORGANIZED THE EVENT; THERE WERE APPROXIMATELY 15 VOLUNTEERS.

    Expenses $8,392

As filed on the 2022 return.

Listed in Part VII

  • Ken Blakley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Andy Bogert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Matt Brown

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Kristie Buergler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Jenegar De Leon Cossey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Barb Denny

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Peter Evans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Rob Garbrecht

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Lane Gibbs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mike Hearne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Javier Hernandez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Gabe Ikard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Aaron Jack

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Julie Jividen

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sam McCurdy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Emily McGinley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Amy Parrish

    PRESIDENT-EL

    Total calculated
    $0
    Hours/week
    1

  • Lisa Richardson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.75

  • Ainslie Stanford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Trent Tarp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Tony Welch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202323199349325412

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

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