Overview
What is Oakdale Foundation?
The Oakdale Foundation, located in Waterford, Michigan, is a nonprofit organization with a mission to support Oakdale Academy. Their primary objective is to nurture within students the essential habits, skills, and character necessary for leading responsible and productive lives, believing in the significance of such individuals for a free and just society. Oakdale Academy offers academically rigorous and content-rich educational programs, along with extracurricular activities, to foster the intellectual and personal growth of its students. The foundation's educational approach is rooted in a liberal arts curriculum, with a focus on mastering basics, exploring arts and sciences, and understanding the fundamental principles derived from our Judeo-Christian and Greco-Roman heritage. The foundation provides resources to ensure Oakdale Academy fulfills its mission of instilling character, truth, and wisdom in its students, preparing them for lifelong service to God, country, community, and family.
Official website here: www.oakdaleacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating.
The Oakdale Foundation has received a low rating primarily due to significant shortcomings in their financial management and transparency. While the organization boasts a fully independent board of directors and a high program expense ratio, indicating that a large portion of funding goes towards programs rather than overhead, it struggles with accountability practices. The absence of key financial documents and missing policies for conflict of interest and whistleblower protections may raise concerns about governance and operational integrity.
The foundation does demonstrate some strengths, such as a commitment to transparency by listing its tax form on their website and maintaining board meeting minutes. However, the lack of financial statements and a high liabilities-to-assets ratio of 74.47% suggests potential financial instability. This combination of strong program focus but weak financial oversight highlights a need for improvement in accountability practices and fiscal health.
Overall, while the Oakdale Foundation may effectively channel resources into its programs, prospective donors and stakeholders should be cautious due to its low accountability score and significant gaps in essential governance policies. This rating serves as an important reminder for supporters to consider both programmatic effectiveness and robust financial practices when evaluating nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Oakdale Foundation legitimate?
Oakdale Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakdale Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,136,911
For more financial information, click here
Official website here: www.oakdaleacademy.com
What is the mission statement of Oakdale Foundation?
The Oakdale Foundation's mission is centered around providing resources to further the mission of Oakdale Academy. This academy aims to instill character, truth, and wisdom in its students, preparing them for a life of service to God, country, community, and family. The foundation supports Oakdale Academy's goal of developing within its students the intellectual and personal habits and skills necessary for responsible and productive lives, believing these to be the foundation of a free and just society. Through academically rigorous educational programs and extracurricular activities, Oakdale Academy helps students develop their character and academic potential, focusing on a liberal arts curriculum that encourages mastery of fundamentals, exploration of the arts and sciences, and an understanding of the foundational principles of the Judeo-Christian and Greco-Roman heritage.
Official website here: www.oakdaleacademy.com
What is the revenue of Oakdale Foundation?
Oakdale Foundation's revenue in 2024 was $2,283,414.
Official website here: www.oakdaleacademy.com
Who are the executives of Oakdale Foundation and what are their salaries?
The average compensation at Oakdale Foundation during 2024 was $26,440. There are 43 employees and 70 volunteers at Oakdale Foundation.
Here are 8 key members and their salaries:
- Compensation: $156,000
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Official website here: www.oakdaleacademy.com
Where can I find the form 990 for Oakdale Foundation?
Oakdale Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.oakdaleacademy.com
Learn more at the official website: www.oakdaleacademy.com
Mission Statement of Oakdale Foundation
Oakdale Foundation, a nonprofit organization, is dedicated to contributing the necessary resources to advance the mission of Oakdale Academy. This mission is centered around instilling character, truth, and wisdom in its students, with the ultimate goal of preparing them for a life of service to God, country, community, and family upon graduation. The foundation believes that well-rounded individuals, equipped with intellectual and personal skills, form the backbone of a free and just society.
Oakdale Academy, under the guidance of Oakdale Foundation, strives to foster the development of its students' character and academic potential. It achieves this through academically rigorous educational programs and extracurricular activities. The curriculum, following a liberal arts approach, focuses on mastering the basics, exploring various arts and sciences, and understanding the fundamental principles of Judeo-Christian and Greco-Roman heritage. The curriculum, designed to integrate the best spiritual, intellectual, and cultural traditions, aims to return Oakdale Academy's students to the great educational heritage of the West.
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Impact
July, 2024
Oakdale Foundation's impact lies in its dedication to providing funding and resources to advance the mission of Oakdale Academy. Through Oakdale Academy, the foundation works towards instilling character, truth, and wisdom in students so that they are well-prepared for a life of service to God, country, community, and family. By focusing on developing students' intellectual and personal habits and skills, Oakdale Foundation contributes to the shaping of responsible and productive individuals who form the basis of a free and just society. The academy's academic rigor, content-rich educational programs, and extracurricular activities guide students towards mastery of the basics, exploration of the arts and sciences, and an understanding of the foundational principles of our Judeo-Christian and Greco-Roman heritage. In essence, Oakdale Foundation's impact is felt through nurturing the next generation with a well-rounded education that draws from the best traditions of our intellectual and cultural heritage.
This information is meant to be a general summary of Oakdale Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $19,835
- Program Service Revenue: $1,842,125
- Gross Receipts: $2,301,593
Assets and Liabilities:
- Total Assets: $2,088,106
- Total Liabilities: $1,559,734
- Net Assets: $528,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL OPERATIONS
Revenue
$1,429,356
TUITION REDUCTIONS
Revenue
$367,438
PRIOR PERIOD ADJUSTMENT
Revenue
$30,066
ATHLETICS & OTHER
Revenue
$15,265
Organization Details
Founding Year
2011
Principal Officer
Michael F Sias
Website
www.oakdaleacademy.comNTEE Category
Code: V112 - Social research
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