The Oaks Collaborative EIN 46-5021845 Form 990 (PDF) Claim this org

The Oaks Collaborative FY2020 filing

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Empowers and unites churches to reach university students with missionary endeavors. For fiscal year 2020 it reported $290K in revenue, $227K in expenses, and $93K in net assets.Pt I

Founded
2014
Type
Religious organization · Religion
Location
Auburn, AL
Website
www.theoakscollaborative.com
Filings
4 on file (2020–2020)
Revenue
$290KFY2020
Expenses
$227K
Net assets
$93K
People
4
Filings
4
Updates
0
More identity details & actions ⌄
EIN  46-5021845 Religious organization Auburn, AL Founded 2014
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Empowers and unites churches to reach university students with missionary endeavors.
Leadership
Trace Hamiter · Executive Director · $29K
Money in and out
$290K revenue, $227K expenses
Bottom line
100% program efficiency
Where the money goes · FY2020
Total revenue
$290K
Pt VIII · Ln 12
Total expenses
$227K
Pt IX · Ln 25
Net assets
$93K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $63K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$290K
FY2020
Expenses
$227K
FY2020
Total assets
$93K
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19$63K
Total assetsPt X · Ln 16$93K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Oaks Collaborative
EINHdr · item D46-5021845
Principal addressHdr · item CAuburn, AL
WebsiteHdr · item Jwww.theoakscollaborative.com
Year of formationHdr · item L2014
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X12)
Ruling yearIRS BMFOct 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$28,514Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Trace Hamiter’s $69K as Executive Director is at the 26th percentile of top reported officer pay among 1636 $1–10M 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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2022FY2021FY2020
Trace Hamiter$68,847$90,468$64,620$65,120$28,514

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $227K of program spending, described in the organization's own filed words · FY2020.
01

All things ministries is an evangelical and ecumenical ministry that exists to empower and unite local churches and campus ministries by providing a variety of missionary endeavors to reach the students of auburn university and the surrounding area.

$123Kprogram expense
02

The oaks retreat is a 3 day retreat used to equip freshmen to be rooted in christ, to branch out in ministry and to bear fruit on auburn's campus through his power and for his glory.

$97Kprogram expense
03

The living stones is a 3 day, 2 night retreat housed at local churches in troy, alabama used to help students begin building a foundation for their christian walk at troy university.

$7Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$147K · 51%
Contributions & grants$143K · 49%
Program service revenue51%$147K
Contributions & grants49%$143K
— government grantsLn 1e$11K
Total revenueLn 12$290K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$227K
Total functional expensesLn 25$227K

Balance Sheet

Part X · end of year
CashLn 1$77K
Total assetsLn 16$93K
Total liabilitiesLn 26$0
Total net assetsLn 32$93K
Months of cash on handcomputed4.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $77K · Operating expenses/yr $227K
4.1 months
Where the money goes
Program services
Program services $227K · Total expenses $227K
100%
Management & General
Management & general $0 · Total expenses $227K
0%
Fundraising
Fundraising $0 · Total expenses $227K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $131K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $143K · Total revenue $290K
49%
Government reliance
Government grants $11K · Total revenue $290K
4%
Earned-income share
Program service revenue $147K · Total revenue $290K
51%
Investment reliance
Investment income $0 · Total revenue $290K
0%
Program self-sufficiency
Program service revenue $147K · Total expenses $227K
65%
Growth & trend
Revenue growth (YoY)
This year $290K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $93K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $290K · Expenses $227K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $93K
Net-asset ratio
Net assets $93K · Total assets $93K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $93K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Trace Hamiter · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $29K · Total expenses $227K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $75K · Total expenses $227K
33%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$2K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$947K revenue · ⤓ 990 PDF
FY2023not on file
FY2022$651K revenue · ⤓ 990 PDF
FY2021$569K revenue · ⤓ 990 PDF
FY2020$290K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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