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Oar Success Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475049507 ✦ Colleyville, TX ✦ Designated as a 501(c)(3)

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Overview

What is Oar Success Foundation?

The Oar Success Foundation is a nonprofit organization headquartered in Colleyville, Texas. Its primary focus is on providing financial aid in the form of tuition payments to eligible recipients. Operating as a scholarship organization, the foundation plays a significant role in supporting students' educational pursuits. The foundation's activities are centered around offering financial assistance, serving as a vital resource for students seeking to further their education without financial constraints.

Is Oar Success Foundation legitimate?

Oar Success Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oar Success Foundation submitted a form 990EZ, 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: $0

For more financial information, click here

What is the mission statement of Oar Success Foundation?

The Oar Success Foundation's mission is centered around providing financial aid in the form of tuition payments for eligible recipients. Functioning as a scholarship organization, its primary activity is to support students in their educational pursuits. The foundation operates with a focus on providing financial assistance, thereby alleviating some of the financial burdens associated with higher education.

What is the revenue of Oar Success Foundation?

Oar Success Foundation's revenue in 2023 was $125,320.

Who are the executives of Oar Success Foundation and what are their salaries?

Here are 4 key members and their salaries:


Jesse Jackson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Barrett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathaniel Jenkins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clement Osimetha (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Oar Success Foundation?

Oar Success Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Oar Success Foundation

The Oar Success Foundation, as a distinguished nonprofit entity, is committed to providing financial aid in the form of tuition payments for eligible recipients. Serving as a scholarship organization, its primary mission is to support students in their academic pursuits. Based on the information provided, the foundation operates with a goal to alleviate financial burdens that may hinder some students from achieving their educational goals.

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Impact




October, 2024

Oar Success Foundation significantly impacts the lives of students by providing essential tuition payments and financial support through its scholarship programs. Based in Colleyville, TX, the foundation plays a crucial role in promoting youth development, enabling recipients to pursue their educational goals without the burden of financial constraints. By facilitating access to education, Oar Success Foundation helps cultivate a brighter future for young individuals, empowering them to achieve their potential and succeed academically. This commitment to supporting students not only transforms individual lives but also contributes to stronger, more educated communities.




This information is meant to be a general summary of Oar Success 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.

Revenue
$125,320 (2023)
Expenses
$92,375 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $125,320

Assets and Liabilities:

  • Total Assets: $163,951
  • Total Liabilities: $0
  • Net Assets: $163,951

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Organization Details

Principal Officer

Jesse Jackson

NTEE Category

Code: O50 - Youth development

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