Oakton Foundation INC

Tax-deductible

Houston, TX501(c)(3)Since 2012ReligionEIN 45-2196605Revenue $1.0M in FY2025

On file with the IRS5505 Chaucer Dr, 77005-2631 · Houston, TXTax-exempt since Aug 2011Publicly supported charity — 170(b)(1)(A)(vi)

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To provide room and board for laity and priests, support religious & educational activity conducted by the RomanCatholic Prelature of Opus Dei via Holy Mass, Spiritual GUidanceRetreat, Classes and Residence.

501(c)(3) charity; gifts are tax-deductible.
9¢ of each $1 spent went to programs.
Run by 15 volunteers and 12 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $336K a year · 28% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
9%
of spending
Concern: 9% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $528K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$464K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.0M
+5% vs prior year
Spent
$794K
To programs
9%
Net assets
$8.1M
By yearFY2020–FY2025
Revenue
$1.0M
FY2025▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$901K
FY2021$730K
FY2022$2.0M
FY2023$1.5M
FY2024$960K
FY2025$1.0M
Expenses
$794K
FY2025▼ -10%
Tap a bar for its year
Expenses by fiscal year
FY2020$877K
FY2021$872K
FY2022$820K
FY2023$815K
FY2024$885K
FY2025$794K
Net assets
$8.1M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.2M
FY2021$6.1M
FY2022$7.3M
FY2023$8.0M
FY2024$7.9M
FY2025$8.1M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

9 cents of each dollar spent went to programs.

Program services 9% · $69K Management & general 91% · $724K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Juan L Marti’s $2K as President is at the 2nd percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Oakton Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing and spiritual support for Catholic clergy and laity.

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Provided by the organization

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1 program · $69K · in their own filed words · FY2025
01

The Organization provides programs to high scholl students, including clubs, advanced educational courses, and camps to enrich social and economic skillsets for college bound srudents High school programs (The Grade, HSB, LFA, Club Anvil, Club Forge).

$69Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$528K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Gifts and grantsLn 1h$731K
Fees for servicesLn 2g$273K
Other incomeLn 4–11$3K
Money outPt IX
$794K
Ln 25
Programscol B$69K
Managementcol C$724K
Owns and owesPt X
$8.1M
net assets · Ln 32
Cash and savingsLn 1–2$144K
Total assetsLn 16$8.6M
LiabilitiesLn 26$464K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$731K
Fees for servicesLn 2g$273K
Other incomeLn 4–11$3K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$144K
Cash and savings togetherLn 1–2$144K
Land, buildings, equipmentLn 10c$8.4M
Total assetsLn 16$8.6M
LiabilitiesLn 26$464K
Net assetsLn 32$8.1M
OperationsPt I, VI
EmployeesI 512
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$158K$144K
Land, buildings, equipmentLn 10c$8.7M$8.4M
Total assetsLn 16$8.8M$8.6M
LiabilitiesLn 26$903K$464K
Net assetsLn 32$7.9M$8.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$158K$158K
Payroll taxesLn 10$31K$31K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$420$420
Office expensesLn 13$7K$7K
Information technologyLn 14$6K$6K
TravelLn 17$11K$11K
Conferences, conventions and meetingsLn 19$10K$10K
InterestLn 20$39K$39K
Depreciation, depletion and amortizationLn 22$209K$209K
InsuranceLn 23$30K$30K
Other expenses (24a–d)Ln 24$203K$69K$133K
All other expensesLn 24e$83K$83K
Total functional expensesLn 25$794K$69K$724K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.0M$794K$213K$8.1M 990 PDF
FY2024 $960K$885K$75K$7.9M 990 PDF
FY2023 $1.5M$815K$662K$8.0M 990 PDF
FY2022 $2.0M$820K$1.2M$7.3M 990 PDF
FY2021 $730K$872K−$142K$6.1M 990 PDF
FY2020 $901K$877K$24K$6.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $1,006,428 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $671,470$730,731
I-9 Program service revenuePrior year $78,654$273,091
I-10 Investment income$0
I-11 Other revenuePrior year $209,598$2,606
I-12 Total revenuePrior year $959,722$1,006,428
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $188,477$188,415
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $696,583$605,134
I-18 Total expensesPrior year $885,060$793,549
I-19 Revenue less expensesPrior year $74,662$212,879
Part VI · Governance 4 of 4 board members independent, 2 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,006,428 across 9 lines filed
VIII-1a Federated campaigns$2,510
VIII-1d Related organizations$690,000
VIII-1f All other contributions, gifts and grants$38,221
VIII-1h Total contributions, gifts and grants$730,731
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $273,091$273,091
VIII-6 Net rental income or lossUnrelated business $250$250
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,356$2,356
VIII-12 Total revenueRelated to mission $275,447 · Unrelated business $250 · Excluded from tax $0$1,006,428
Part IX · Statement of functional expenses $793,549 across 14 lines filed
IX-7 Other salaries and wagesManagement $157,615$157,615
IX-10 Payroll taxesManagement $30,800$30,800
IX-11c Accounting feesManagement $2,816$2,816
IX-11g Other fees for servicesManagement $3,350$3,350
IX-12 Advertising and promotionManagement $420$420
IX-13 Office expensesManagement $6,523$6,523
IX-14 Information technologyManagement $6,354$6,354
IX-17 TravelManagement $10,858$10,858
IX-19 Conferences, conventions and meetingsManagement $10,345$10,345
IX-20 InterestManagement $39,233$39,233
IX-22 Depreciation, depletion and amortizationManagement $208,994$208,994
IX-23 InsuranceManagement $30,236$30,236
IX-24 Other expenses (24a–d)Programs $69,350 · Management $133,356$202,706
IX-24e All other expensesManagement $83,299$83,299
IX-25 Total functional expensesPrograms $69,350 · Management $724,199 · Fundraising $0$793,549
Part X · Balance sheet $8,584,229 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $157,543$144,483
X-10c Land, buildings and equipment, netStart of year $8,688,455$8,439,746
X-16 Total assetsStart of year $8,845,998$8,584,229
X-17 Accounts payable and accrued expensesStart of year $857$4,395
X-26 Total liabilitiesStart of year $903,055$463,681
X-32 Total net assets or fund balancesStart of year $7,942,943$8,120,548
X-33 Total liabilities and net assetsStart of year $8,845,998$8,584,229
Part XI · Reconciliation of net assets $8,120,548 net assets at year end
XI-1 Total revenue$1,006,428
XI-2 Total expenses$793,549
XI-3 Revenue less expenses$212,879
XI-4 Net assets at start of year$7,942,943
XI-9 Other changes in net assets−$35,274
XI-10 Net assets at end of year$8,120,548

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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