Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.74x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 7.0% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Balance Sheet
Assets
Up$2,820,979
Up $732,873 (+35%) from 2022
Net Assets
Up$719,998
Up $191,626 (+36%) from 2022
Liabilities
Up$2,100,981
Up $541,247 (+35%) from 2022
Revenue And Expenses
Revenue
Up$2,179,617
Up $438,932 (+25%) from 2022
Expenses
Up$1,987,991
Up $495,822 (+33%) from 2022
Net Income
Down$191,626
Down $56,890 (-23%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2022 to Jun 30, 2023
- Signed
- Apr 22, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $2,232,595
Mission and Program Overview
Mission
The mission of oakdale foundation is to provide funding and other resources necessary to further the mission of oakdale academy: to instill character, truth, and wisdom in our students in such a way that when they leave us at graduation, they are truly prepared for a life of service to god, country, community, and family.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,097,687 | $1,759,404 | ▲ $661,717 |
| Land, Buildings, and Equipment, Net | $971,010 | $1,043,312 | ▲ $72,302 |
| Rtn Earn Endowment Incm Other Fnds | $477,222 | $658,848 | ▲ $181,626 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $51,150 | $61,150 | ▲ $10,000 |
| Intangible Assets | $16,909 | $15,763 | ▼ $1,146 |
| Prepaid Expenses and Deferred Charges | $2,500 | $2,500 | → $0 |
| Total Assets | $2,088,106 | $2,820,979 | ▲ $732,873 |
| Liabilities | |||
| Deferred Revenue | $703,792 | $1,292,342 | ▲ $588,550 |
| Mortgage Notes Payable Secured by Investment Property | $821,250 | $798,078 | ▼ $23,172 |
| Accounts Payable and Accrued Expenses | $33,037 | $28,436 | ▼ $4,601 |
| Other Liabilities | $1,655 | $-17,875 | ▼ $19,530 |
| Total Liabilities | $1,559,734 | $2,100,981 | ▲ $541,247 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $528,372 | $719,998 | ▲ $191,626 |
| Total Liabilities and Net Assets / Fund Balance | $2,088,106 | $2,820,979 | ▲ $732,873 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $1,172,479 | - | $1,172,479 |
| Land | $319,741 | - | $319,741 |
| Equipment | $-448,908 | $448,908 | - |
Compensation and Service Providers
Employees
| Name | Title | Base | Total |
|---|---|---|---|
| David Stanton | Headmaster | $153,432 | $153,432 |
Board Members and Trustees
| Name | Title |
|---|---|
| Michael F Sias | Chairman |
| Andrea Munroe | Director |
| Dion Roddy | Director |
| Greg Surmont | Director |
| Joel Dorfman | Director |
| Julie Johnson | Director |
| Richard Tuttle Jr | Secretary |
| Thomas Mcmillin | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $164,640
- Program Service Revenue
- $1,797,196
- Investment Income
- $3,869
- Other Revenue
- $213,912
- All Other Contributions
- $164,640
- Change in Net Assets
- $191,626
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,208,049 |
| Other Expenses | $405,981 |
| Grants and Similar Amounts Paid | $373,961 |
| Total Fundraising Expense | $37,793 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $860,368 | $153,626 | $20,483 | $1,034,477 |
| Grants to Domestic Individuals | $373,961 | - | - | $373,961 |
| Other Employee Benefits | $73,370 | $13,260 | $1,768 | $88,398 |
| Payroll Taxes | $70,695 | $12,776 | $1,703 | $85,174 |
| Occupancy | $70,280 | $12,701 | $1,693 | $84,674 |
| Fees for Services Legal | $65,337 | $11,808 | $1,574 | $78,719 |
| Interest | $36,601 | $6,615 | $882 | $44,098 |
| Depreciation Depletion | $29,446 | $4,410 | $588 | $34,444 |
| Office Expenses | $20,527 | $3,710 | $494 | $24,731 |
| Fees for Services Other | $14,665 | $2,647 | $286 | $17,598 |
| Information Technology | $8,130 | $1,469 | $7,272 | $16,871 |
| All Other Expenses | $15,663 | $1,124 | - | $16,787 |
| Insurance | $13,763 | $2,487 | $331 | $16,581 |
| Conferences and Meetings | $8,129 | $1,470 | $196 | $9,795 |
| Other Expenses | $7,504 | $1,356 | $181 | $9,041 |
| Travel | $5,785 | $653 | $87 | $6,525 |
| Advertising | $1,452 | $263 | $35 | $1,750 |
| Total Functional Expenses | $1,718,175 | $232,023 | $37,793 | $1,987,991 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $266,890 |
| Fundraising Direct Expenses | $52,978 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Walk-a-thon | $145,342 | $145,342 | $1,772 | $143,570 |
| Liberty Campaig | $121,548 | $121,548 | $11,562 | $109,986 |
| Total Events | $266,890 | $266,890 | $52,978 | $213,912 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Due to Opa | $-2,102 |
| Due to House | $-15,773 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“A draft copy of the form 990 is prepared by cpa for review by the finance committee. After any necessary changes are made, the form 990 is prepared for review by treasurer and chairman. Upon approval by the treasurer and chairman, the form 990 is finalized and submitted to the appropriate federal and state reporting entities”
Form 990, Page 6, Part VI, Line 15A
“Headmaster/mistress and other key employee compensation is subject to annual review. The compensation of comparable management personnel at similar sized educational organizations in the local area are taken into consideration in the development of all compensation packages”
Form 990, Page 6, Part VI, Line 19
“Upon written request submitted to operating office located at 3200 beacham dr, waterford, mi 48329”
Filing and Contact Details
Filer
- Filer Name
- Oakdale Foundation
- EIN
- 45-2662046
- Phone
- 2484819039
- Address
- 3200 BEACHAM DR, WATERFORD, MI 48329
- Doing Business As
- Oakdale Academy
Signing Officer
- Name
- Michael F Sias
- Title
- Chairman
- Phone
- 2483334309
- Signed
- 2024-04-22
Organization Details
- Principal Officer
- Michael F Sias
- Formed
- 2011
- Legal Domicile
- Mi
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 41
- Volunteers
- 75
Preparer
- Firm
- Richard J Boyse CPA Pc
- Address
- 805 OAKWOOD DR STE 225, ROCHESTER, MI 48307-2586
- Preparer
- Peter Boyse CPA
- Phone
- 2486529900
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“The mission of oakdale foundation is to provide funding and other resources necessary to further the mission of oakdale academy: to instill character, truth, and wisdom in our students in such a way that when they leave us at graduation, they are truly prepared for a life of service to god, country, community, and family.”
Form 990, Page 2, Part III, Line 4A
“Oakdale foundation, through its academy, strives to develop within its students the intellectual and personal habits and skills upon which responsible and productive lives are built, in the firm belief that such lives are the basis of a free and just society. Oakdale academy helps guide students in the development of their character and academic potential through academically rigorous, content-rich educational programs and extracurricular activities. The liberal arts curriculum directs student achievement toward mastery of the basics, exploration of the arts and sciences, and an understanding the foundational principles of our judeo-christian and greco-roman heritage. The curriculum, by purpose and design, is a combination of the best spiritual, intellectual and cultural traditions, developed and refined over countless generations, to return our students to the great educational heritage of the west.”
Form 990, Page 2, Part III, Line 4D
“Extracurricular student activities”
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | OAKDALE FOUNDATION, THROUGH ITS ACADEMY, STRIVES TO DEVELOP WITHIN ITS STUDENTS THE INTELLECTUAL AND PERSONAL HABITS AND SKILLS UPON WHICH RESPONSIBLE AND PRODUCTIVE LIVES ARE BUILT, IN THE FIRM BELIEF THAT SUCH LIVES ARE THE BASIS OF A FREE AND JUST SOCIETY. OAKDALE ACADEMY HELPS GUIDE STUDENTS IN THE DEVELOPMENT OF THEIR CHARACTER AND ACADEMIC POTENTIAL THROUGH ACADEMICALLY RIGOROUS, CONTENT-RICH EDUCATIONAL PROGRAMS AND EXTRACURRICULAR ACTIVITIES. THE LIBERAL ARTS CURRICULUM DIRECTS STUDENT ACHIEVEMENT TOWARD MASTERY OF THE BASICS, EXPLORATION OF THE ARTS AND SCIENCES, AND AN UNDERSTANDING THE FOUNDATIONAL PRINCIPLES OF OUR JUDEO-CHRISTIAN AND GRECO-ROMAN HERITAGE. THE CURRICULUM, BY PURPOSE AND DESIGN, IS A COMBINATION OF THE BEST SPIRITUAL, INTELLECTUAL AND CULTURAL TRADITIONS, DEVELOPED AND REFINED OVER COUNTLESS GENERATIONS, TO RETURN OUR STUDENTS TO THE GREAT EDUCATIONAL HERITAGE OF THE WEST. |
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| IRS990/MissionDesc | 0 | THE MISSION OF OAKDALE FOUNDATION IS TO PROVIDE FUNDING AND OTHER RESOURCES NECESSARY TO FURTHER THE MISSION OF OAKDALE ACADEMY: TO INSTILL CHARACTER, TRUTH, AND WISDOM IN OUR STUDENTS IN SUCH A WAY THAT WHEN THEY LEAVE US AT GRADUATION, THEY ARE TRULY PREPARED FOR A LIFE OF SERVICE TO GOD, COUNTRY, COMMUNITY, AND FAMILY. |
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| IRS990/MoreThan5000KToOrgInd | 0 | false |
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| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 798078 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 528372 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 719998 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 213912 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 213912 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 1693 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 12701 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 70280 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 84674 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 494 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3710 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 20527 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 24731 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 1768 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 13260 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 73370 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 88398 |
| IRS990/OtherExpensesGrp/Desc | 0 | BOOKS |
| IRS990/OtherExpensesGrp/Desc | 1 | MISC ATHLETIC |
| IRS990/OtherExpensesGrp/Desc | 2 | SPECIAL EVENTS |
| IRS990/OtherExpensesGrp/Desc | 3 | OTHER |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 220 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 181 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1648 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1356 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 20923 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 12460 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 9116 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 7504 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 20923 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 12460 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10984 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 9041 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1655 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | -17875 |
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| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 153626 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 860368 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1034477 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 1703 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 12776 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 70695 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 85174 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 51150 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 61150 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2500 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2500 |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL F SIAS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SCHOOL OPERATIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | TUITION REDUCTIONS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | ATHLETICS & OTHER |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 373961 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 5974 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 373961 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 5974 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | EXTRACURRICULAR STUDENT ACTIVITIES |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 73632 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 118815 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 139776 |
| IRS990/PYOtherExpensesAmt | 0 | 325808 |
| IRS990/PYOtherRevenueAmt | 0 | 212718 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1409152 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 248516 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1026585 |
| IRS990/PYTotalExpensesAmt | 0 | 1492169 |
| IRS990/PYTotalRevenueAmt | 0 | 1740685 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 191626 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 477222 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 658848 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | -448908 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 448908 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 319741 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 319741 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 1172479 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1172479 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | -2102 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | -15773 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO OPA |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO HOUSE |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1043312 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | -17875 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | OAKDALE ACADEMY PUBLISHES ITS NONDISCRIMANTORY POLICY ON ITS WEBSITE. IT READS AS FOLLOWS, "OAKDALE ACADEMY DOES NOT AND SHALL NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, GENDER, NATIONAL ORIGIN (ANCESTRY), DISABILITY, MARITAL STATUS, AGE, OR MILITARY STATUS, IN ANY OF ITS ACTIVITIES OR OPERATIONS. OAKDALE ACADEMY IS AN EQUAL OPPORTUNITY EMPLOYER." |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 52978 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | WALK-A-THON |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | LIBERTY CAMPAIG |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 512 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 512 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 145342 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 121548 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 266890 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 145342 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 121548 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 266890 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 213912 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 20 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 20 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 13334 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 1772 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 11562 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 725 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt | 0 | 38387 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 39112 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | TUITION ASSISTANCE |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt | 0 | 373961 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc | 0 | TUITION REDUCE |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 87 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | OAKDALE FOUNDATION GRANTS FINANCIAL AID TO ITS STUDENTS BASED UPON FINANCIAL NEED. FINANCIAL ASSISTANCE IS AWARDED ON AN SCHOOL YEAR BASIS. FAMILIES MUST ANNUALLY SUBMIT FINANCIAL INFORMATION TO AN INDEPENDENT THIRD PARTY FOR FINANCIAL NEED EVALUATION AND RECOMMEDATIONS FOR AWARD AMOUNTS. ALL STUDENTS MUST COMPLETE THE SCHOOL'S ENROLLMENT PROCESS IN ORDER TO BE ELIGIBLE FOR FINANCIAL ASSISTANCE. ADDITIONALLY, SOME THIRD PARTY SCHOLARSHIPS REQUIRE APPLICANTS TO MEET SPECIFIC CRITERIA ESTABLISHED BY THE FOUNDATIONS FUNDING THOSE SCHOLARSHIPS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 153432 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | DAVID STANTON |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | HEADMASTER |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 153432 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE MISSION OF OAKDALE FOUNDATION IS TO PROVIDE FUNDING AND OTHER RESOURCES NECESSARY TO FURTHER THE MISSION OF OAKDALE ACADEMY: TO INSTILL CHARACTER, TRUTH, AND WISDOM IN OUR STUDENTS IN SUCH A WAY THAT WHEN THEY LEAVE US AT GRADUATION, THEY ARE TRULY PREPARED FOR A LIFE OF SERVICE TO GOD, COUNTRY, COMMUNITY, AND FAMILY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OAKDALE FOUNDATION, THROUGH ITS ACADEMY, STRIVES TO DEVELOP WITHIN ITS STUDENTS THE INTELLECTUAL AND PERSONAL HABITS AND SKILLS UPON WHICH RESPONSIBLE AND PRODUCTIVE LIVES ARE BUILT, IN THE FIRM BELIEF THAT SUCH LIVES ARE THE BASIS OF A FREE AND JUST SOCIETY. OAKDALE ACADEMY HELPS GUIDE STUDENTS IN THE DEVELOPMENT OF THEIR CHARACTER AND ACADEMIC POTENTIAL THROUGH ACADEMICALLY RIGOROUS, CONTENT-RICH EDUCATIONAL PROGRAMS AND EXTRACURRICULAR ACTIVITIES. THE LIBERAL ARTS CURRICULUM DIRECTS STUDENT ACHIEVEMENT TOWARD MASTERY OF THE BASICS, EXPLORATION OF THE ARTS AND SCIENCES, AND AN UNDERSTANDING THE FOUNDATIONAL PRINCIPLES OF OUR JUDEO-CHRISTIAN AND GRECO-ROMAN HERITAGE. THE CURRICULUM, BY PURPOSE AND DESIGN, IS A COMBINATION OF THE BEST SPIRITUAL, INTELLECTUAL AND CULTURAL TRADITIONS, DEVELOPED AND REFINED OVER COUNTLESS GENERATIONS, TO RETURN OUR STUDENTS TO THE GREAT EDUCATIONAL HERITAGE OF THE WEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXTRACURRICULAR STUDENT ACTIVITIES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | A DRAFT COPY OF THE FORM 990 IS PREPARED BY CPA FOR REVIEW BY THE FINANCE COMMITTEE. AFTER ANY NECESSARY CHANGES ARE MADE, THE FORM 990 IS PREPARED FOR REVIEW BY TREASURER AND CHAIRMAN. UPON APPROVAL BY THE TREASURER AND CHAIRMAN, THE FORM 990 IS FINALIZED AND SUBMITTED TO THE APPROPRIATE FEDERAL AND STATE REPORTING ENTITIES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | HEADMASTER/MISTRESS AND OTHER KEY EMPLOYEE COMPENSATION IS SUBJECT TO ANNUAL REVIEW. THE COMPENSATION OF COMPARABLE MANAGEMENT PERSONNEL AT SIMILAR SIZED EDUCATIONAL ORGANIZATIONS IN THE LOCAL AREA ARE TAKEN INTO CONSIDERATION IN THE DEVELOPMENT OF ALL COMPENSATION PACKAGES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | UPON WRITTEN REQUEST SUBMITTED TO OPERATING OFFICE LOCATED AT 3200 BEACHAM DR, WATERFORD, MI 48329 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 2088106 |
| IRS990/TotalAssetsEOYAmt | 0 | 2820979 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 2088106 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2820979 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $2,820,979
- Liabilities
- $2,100,981
- Net assets
- $719,998
- Revenue
- $2,179,617
- Expenses
- $1,987,991
- Net income
- $191,626