Overview
What is Oklahoma Native Assets Coalition Inc?
Oklahoma Native Assets Coalition Inc is a nonprofit organization situated in Oklahoma City, Oklahoma. Their primary mission is to support and empower Native American communities by promoting financial self-sufficiency and prosperity. They achieve this through various comprehensive initiatives, including professional development and program development, mini and larger grants for native asset building projects, establishing educational savings accounts for children, funding emergency savings accounts for families, cash assistance incentives, one-on-one financial coaching, and down payment assistance. In 2022, they served approximately 10,372 constituents through these programs. Their work is geared towards fostering a network of Native individuals dedicated to enhancing the well-being of their communities.
Official website here: www.oknativeassets.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Oklahoma Native Assets Coalition Inc has achieved a Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization has scored exceptionally well in various metrics, particularly in maintaining a majority of independent board members and ensuring robust financial oversight. With a program expense ratio of nearly 88%, it demonstrates effective allocation of funds towards its mission.
The evaluation indicates that the coalition has comprehensive policies in place, including conflict of interest and whistleblower policies, which contribute to its transparency and governance. Additionally, there are no reported issues regarding asset diversion, further establishing its financial integrity. The organization has also made its financial documents readily accessible, underscoring its commitment to accountability.
While the rating highlights many strengths, it is essential for stakeholders to remain engaged and informed about the coalition's ongoing initiatives and impact. The high score is a positive indicator, but continuous evaluation and community feedback are crucial for sustained success and growth.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma Native Assets Coalition Inc legitimate?
Oklahoma Native Assets Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma Native Assets Coalition Inc 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: $46,343
For more financial information, click here
Official website here: www.oknativeassets.org
What is the mission statement of Oklahoma Native Assets Coalition Inc?
Oklahoma Native Assets Coalition Inc's mission is centered around aiding in the development and support of a network of Native individuals who are committed to enhancing the self-sufficiency and prosperity of their communities. This objective is being achieved through comprehensive financial initiatives. The organization administers several programs, including professional development and program development, mini and larger grants for Native asset building projects, establishing and funding educational savings accounts for American Indian and Alaska Native children, funding emergency savings accounts for Native families, cash assistance incentives for Native families, one-on-one financial coaching, and down payment assistance. In 2022, the organization served an estimated 10,372 constituents through various programs.
Official website here: www.oknativeassets.org
Who is the CEO of Oklahoma Native Assets Coalition Inc?
Christina Finsel is the President of Oklahoma Native Assets Coalition Inc.
Official website here: www.oknativeassets.org
What is the revenue of Oklahoma Native Assets Coalition Inc?
Oklahoma Native Assets Coalition Inc's revenue in 2022 was $2,211,274.
Official website here: www.oknativeassets.org
Who are the executives of Oklahoma Native Assets Coalition Inc and what are their salaries?
The average compensation at Oklahoma Native Assets Coalition Inc during 2022 was $23,172. There are 2 employees and 8 volunteers at Oklahoma Native Assets Coalition Inc.
Here are 5 key members and their salaries:
- Compensation: $147,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oknativeassets.org
Where can I find the form 990 for Oklahoma Native Assets Coalition Inc?
Oklahoma Native Assets Coalition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oknativeassets.org
Learn more at the official website: www.oknativeassets.org
Mission Statement of Oklahoma Native Assets Coalition Inc
Oklahoma Native Assets Coalition Inc is an organization that plays a significant role in aiding the development and support of a network of Native individuals who are committed to boosting the self-sufficiency and prosperity of their communities. This mission is being accomplished through comprehensive financial initiatives. The coalition's activities are centered around seven key programs, each designed to contribute to the financial well-being of the Native community.
One of the primary programs is the Native Asset Builder Professional Development and Program Development, which includes various initiatives such as the Native Bank ON ONAC/National Get Banked Indian Country Campaign, financial education train-the-trainers, and the National Native Child Tax Credit Outreach. The coalition also funds Native Asset Building Research Papers and Presentations, supports the National Native EITC/VITA Network, and funds Bank ON accounts.
Additionally, Oklahoma Native Assets Coalition Inc provides mini grants and larger grants to fund Native Asset Building Projects, establishes and funds educational savings accounts for American Indian and Alaska Native children, funds emergency savings accounts for Native families, offers cash assistance incentives for Native families building and repairing credit and purchasing a home, provides one-on-one financial coaching, and offers down payment assistance.
In 2022, Oklahoma Native Assets Coalition Inc served an estimated 10,372 constituents through its various programs, including the Native Asset Builder Professional Development Program, mini grants, support of Native VITA programs, children's savings accounts, emergency savings accounts, cash assistance incentives, Bank ON incentives, financial coaching, and down payment assistance. The organization's mission is to empower and uplift the Native community by providing them with the tools and resources necessary to enhance their financial stability and prosperity.
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Impact
July, 2024
Oklahoma Native Assets Coalition Inc is making a significant impact by empowering Native communities to achieve self-sufficiency and prosperity through comprehensive financial initiatives. With programs that range from financial education to funding emergency savings accounts and down payment assistance, the organization is directly assisting Native individuals and families in building a more secure future. In 2022 alone, they served an estimated 10,372 constituents through various programs, demonstrating their commitment to improving the financial well-being of their community.
This information is meant to be a general summary of Oklahoma Native Assets Coalition Inc. 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 2022.
- Investment Income: $15,210
- Gross Receipts: $2,211,274
Assets and Liabilities:
- Total Assets: $2,550,808
- Total Liabilities: $13,813
- Net Assets: $2,536,995
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Organization Details
Founding Year
2014
Phone
(405) 401-7873Principal Officer
Christina Finsel
Main Address
PO BOX 21804, OKLAHOMA CITY, OK, 731561804
Website
www.oknativeassets.orgNTEE Category
Code: S21 - Community improvement
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