Overview
What is Oakhill Incorporated?
Oakhill Incorporated is a nonprofit organization situated in Richardson, Texas, with an address at 2120 E Beltline Road 110. Its primary mission is to generate funds, aiming to enhance educational opportunities at The Highlands School, a private Catholic institution. The organization's activities are focused on supporting this specific educational institution, contributing to its growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Stars)
Oakhill Incorporated has received a Two-Star rating from Charity Navigator, indicating average performance in accountability and finance. The organization excels in aspects such as having a majority of independent board members and an independent board size, which reflect strong governance practices. Additionally, the absence of any material diversion of assets and the presence of a conflict of interest policy are commendable.
However, the charity faces significant limitations, particularly with missing policies that are essential for transparency and accountability, namely the whistleblower and document retention policies. Furthermore, the liabilities to assets ratio is concerning, as it stands at 103.66%, indicating potential financial instability. While the program expense ratio is commendable at 100%, it is crucial for the organization to address its governance gaps to improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Oakhill Incorporated legitimate?
Oakhill Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakhill Incorporated 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: $0
For more financial information, click here
What is the mission statement of Oakhill Incorporated?
Oakhill Incorporated is an organization dedicated to raising funds for enhancing the educational prospects at The Highlands School, a private Catholic institution. Their primary mission is to contribute financially to expanding the educational opportunities available at this school. By doing so, they aim to provide a better learning environment and improve the overall educational experience for the students attending The Highlands School. Their activities are centered around generating funds that can be utilized to enhance the educational offerings and resources at the school.
Who is the CEO of Oakhill Incorporated?
Juan E Williams is the President of Oakhill Incorporated.
What is the revenue of Oakhill Incorporated?
Oakhill Incorporated's revenue in 2023 was $3,179.
Who are the executives of Oakhill Incorporated and what are their salaries?
There 6 volunteers at Oakhill Incorporated.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Oakhill Incorporated?
Oakhill Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Oakhill Incorporated
Oakhill Incorporated, a nonprofit organization, is dedicated to advancing the educational prospects of students at The Highlands School, a private Catholic institution. Their primary mission is to generate funds, which in turn, expand the educational opportunities available at this esteemed educational institution. By supporting Oakhill Incorporated, donors contribute to the betterment of the educational experiences of students attending The Highlands School.
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Impact
August, 2024
Oakhill Incorporated's impact lies in the generation of funds to further the educational opportunities at The Highlands School, a private Catholic school in Richardson, TX. Through their fundraising efforts, Oakhill Incorporated plays a crucial role in supporting the school's mission of providing quality education to its students. By contributing to the financial stability of The Highlands School, Oakhill Incorporated helps ensure that students have access to a comprehensive educational experience that prepares them for future success.
This information is meant to be a general summary of Oakhill Incorporated. 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 2023.
- Gross Receipts: $594,149
Assets and Liabilities:
- Total Assets: $55,904
- Total Liabilities: $57,954
- Net Assets: -$2,050
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Organization Details
Founding Year
1992
Phone
(972) 436-8485Principal Officer
Juan E Williams
Main Address
2120 E BELTLINE ROAD 110, RICHARDSON, TX, 75081
NTEE Category
Code: B20 - Education
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