Oklahoma Islamic School Foundation FY2018 filing

Tax-deductible

Broken Arrow, OK501(c)(3)EducationEIN 46-4736265Revenue $142K in FY2018

On file with the IRSokscholarship.org3504 S Aster Ave, 74012-9422 · Broken Arrow, OKTax-exempt since Sep 2014Publicly supported charity — 170(b)(1)(A)(vi)

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OISF provides tuition scholarships inspiring personal growth and societal benefit to children of low income families to attend accredited private schools in Oklahoma

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2018 · Form 990-EZIndependent: 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
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $183K a year · 36% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Named funders
2
named funders · $6K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$142K
Net assets
$158K
By yearFY2018–FY2024
Revenue
$142K
FY2018
Tap a bar for its year
Revenue by fiscal year
FY2018$142K
FY2019$187K
FY2020$358K
FY2021$404K
FY2022$410K
FY2023$523K
FY2024$871K
Expenses
—
FY2018
Tap a bar for its year
Expenses by fiscal year
FY2018Not on file
FY2019Not on file
FY2020$154K
FY2021$274K
FY2022$283K
FY2023$489K
FY2024$449K
Net assets
$158K
FY2018
Tap a bar for its year
Net assets by fiscal year
FY2018$158K
FY2019$160K
FY2020$364K
FY2021$494K
FY2022$621K
FY2023$655K
FY2024$1.1M

From the FY2018 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2014.

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

Who runs it and what they're paid

3 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Chairperson
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
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Programs and updates

Provides scholarships for low-income children to attend accredited private schools in Oklahoma.

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Provided by the organization

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$6K
Grants paid · 13 grants · $1.6M · 2020–2024
Unitemized GrantFY2024$350,071
Mercy School InstituteOK · FY2024$61,872
Peace AcademyOK · FY2024$16,000
Unitemized GrantFY2023$478,009
Peace AcademyOK · FY2023$6,965
Unitemized GrantFY2022$245,093
Peace AcademyOK · FY2022$31,245
Mercy School InstituteOK · FY2022$4,229
Unitemized GrantFY2021$264,962
Mercy School InstituteOK · FY2021$5,341
Unitemized GrantFY2020$139,068
Peace AcademyOK · FY2020$8,039

By the numbers

The FY2018 990-EZ, line by line.

1The main four
Money in
$142K
Other income$142K
Owns and owes
$158K
net assets
People
3
listed
Paid0
2In more detail
Revenue in detail
Other income$142K
Total revenue$142K
Assets in detailEnd of year
Net assets$158K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $871K$449K$422K$1.1M 990 PDF
FY2023 $523K$489K$34K$655K 990 PDF
FY2022 $410K$283K$127K$621K 990 PDF
FY2021 $404K$274K$130K$494K 990 PDF
FY2020 $358K$154K$205K$364K 990 PDF
FY2019 $187K$160K 990 PDF
FY2018 Viewing $142K$158K 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

Form 990 e-file (XML) FY2018 from the IRS · Classification, formation year and address from the IRS Business Master File

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