Civic Intelligence

Oakwood University Community Qalicb

EIN 88-1553777 • 501(c)3

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.04x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

41st percentile

$162,147

Higher top officer pay than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

21st percentile

-3.7%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$14,658,722

Down $561,020 (-3.7%) from 2023

Liabilities

Down

$15,203,197

Down $194,238 (-1.3%) from 2023

Net Assets

Down

-$544,475

Down $366,782 (-206%) from 2023

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$366,782

Up $189,089 (+106%) from 2023

Net Income

Down

-$366,782

Down $189,089 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2022: $15,018,216Liabilities 2022: $15,018,216Net Assets 2022: $02022Assets 2023: $15,219,742Liabilities 2023: $15,397,435Net Assets 2023: -$177,6932023Assets 2024: $14,658,722Liabilities 2024: $15,203,197Net Assets 2024: -$544,4752024

Highlighted filing

2024

Assets$14,658,722
Liabilities$15,203,197
Net Assets-$544,475

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $177,693Net Income 2023: -$177,6932023Revenue 2024: $0Expenses 2024: $366,782Net Income 2024: -$366,7822024

Highlighted filing

2024

Revenue$0
Expenses$366,782
Net Income-$366,782

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

The corporation is to operate at all times exclusively for the benefit of oakwood university (an alabama nonprofit organization) by soliciting, accepting, receiving , managing and disbursing contributions of property, including real property and the income therefrom and to apply for, accept and expend grants.

Supporting organization of oakwood university

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,154,950$11,781,979▲ $3,627,029
Cash and Non-Interest-Bearing Accounts$7,064,792$2,876,743▼ $4,188,049
Total Assets$15,219,742$14,658,722▼ $561,020
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,984,515$15,009,579▲ $25,064
Accounts Payable and Accrued Expenses$412,920$193,618▼ $219,302
Total Liabilities$15,397,435$15,203,197▼ $194,238
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-177,693$-544,475▼ $366,782
Total Net Assets Fund Balance$-177,693$-544,475▼ $366,782
Total Liabilities and Net Assets / Fund Balance$15,219,742$14,658,722▼ $561,020

Asset Categories

AssetBook ValueDepreciationBasis
Land$7,524,577-$7,524,577
Buildings$4,257,402$94,041$4,351,443
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
James MbyirukiraVP/secretaryPT$104,180$104,180
Sabrina Cotton-desouzaTreasurerPT$52,782$52,782

Board Members and Trustees

NameTitle
Leslie PollardPresident
Mervyn WarrenDirector
Timothy McdonaldDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-366,782

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$366,782
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$168,954--$168,954
Depreciation Depletion$113,909--$113,909
Other Expenses$470--$470
Total Functional Expenses$366,782$0$0$366,782

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$366,782
Total Expenses per Audited Statements$366,782
Total Expenses per Form 990$366,782
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 was reviewed by the board for completeness and accuracy prior to the filing of the return.

Form 990, Part VI, Section B, Line 12C

Each director, officer and member of a committee with board delegated powers shall annually sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy and understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Part VI, Section C, Line 19

All documents are available for public inspection at the organization's office in care of gail caldwell.

Filing and Contact Details

Filer

Filer Name
Oakwood University Community Qalicb
EIN
88-1553777
Phone
2567267024
Address
7000 ADVENTIST BLVD NW, HUNTSVILLE, AL 35896

Signing Officer

Name
Dr Leslie Pollard
Title
President
Phone
2567267024
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Leslie Pollard
Formed
2022
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Dipiazza Larocca Heeter & Co LLC
Address
P O BOX 530095, BIRMINGHAM, AL 35253-0095
Preparer
Monty S Waites CPA
Phone
2058719973
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The university has implemented the accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board (fasb) asc 740, income taxes. As of june 30, 2024, the university had no uncertain tax positions that qualify for either recognition or disclosure in the consolidated financial statements. Previous open tax years may be subject to examination by taxing authorities.

Raw XML Appendix391 raw XML fields

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/MissionDesc0THE CORPORATION IS TO OPERATE AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF OAKWOOD UNIVERSITY (AN ALABAMA NONPROFIT ORGANIZATION) BY SOLICITING, ACCEPTING, RECEIVING , MANAGING AND DISBURSING CONTRIBUTIONS OF PROPERTY, INCLUDING REAL PROPERTY AND THE INCOME THEREFROM AND TO APPLY FOR, ACCEPT AND EXPEND GRANTS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TWO OF THE FIVE DIRECTORS OF THE CORPORATION ARE AN OFFICER OR EMPLOYEE OF OAKWOOD UNIVERSITY (OU), AND THEREFORE, SHARES AND MAINTAINS A CLOSE RELATIONSHIP WITH OU. MOREOVER, OU RETAINS THE RIGHT TO APPOINT THREE OF THE FIVE DIRECTORS IN THE EVENT THE REPRESENTATIVE DIRECTOR FROM OU RESIGNS OR TERMS OUT OF THE DIRECTOR POSITION. THUS, IN ACCORDANCE WITH THE APPLICABLE TREASURY REGULATIONS, OU RETAINS A "SIGNIFICANT" (ALBEIT, NOT CONTROLLING) VOICE IN THE STRATEGIC AND INVESTMENT POLICIES OF THE CORPORATION.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE ORGANIZATION IS A CRITICAL AND NECESSARY COMPONENT TO OAKWOOD UNIVERSITY'S (OU) UTILIZATION OF THE NMTC PROGRAM AND DEVELOPMENT OF THE PROJECT IN FURTHERANCE OF OU'S EXEMPT PURPOSES. IN THE ABSENCE OF THE ORGANIZATION PLAYING A SUPPORTING ROLE TO OU, A ROLE WHICH OU ITSELF COULD NOT PLAY, THROUGH QUALIFICATION AS A "QUALIFIED LOW-INCOME COMMUNITY BUSINESS," OU COULD NOT DEVELOP THE PROJECT THROUGH THE NMTC PROGRAM, AND THEREFORE, MOST LIKELY COULD NOT DEVELOP THE PROJECT. THEREFORE, THE CORPORATION IS DIRECTLY FURTHERING THE EXEMPT PURPOSES OF OU BY PERFORMING FUNCTIONS OF OU, WHICH, BUT FOR SUCH PERFORMANCE BY THE CORPORATION, WOULD NORMALLY BE ENGAGED IN BY OU (I.E., CRITICAL FINANCING AND SUPPORT ROLES).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART IV, SECTION D, QUESTION 3
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE UNIVERSITY HAS IMPLEMENTED THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. AS OF JUNE 30, 2024, THE UNIVERSITY HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PREVIOUS OPEN TAX YEARS MAY BE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0162147
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LESLIE POLLARD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0162147
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS REVIEWED BY THE BOARD FOR COMPLETENESS AND ACCURACY PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE IN CARE OF GAIL CALDWELL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OAKWOOD UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0630366652
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0INSTITUTION OF HIGHER LEARNING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07000 ADVENTIST BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HUNTSVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd035896
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt015009579
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OAKWOOD UNIVERSITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015219742
IRS990/TotalAssetsEOYAmt014658722
IRS990/TotalAssetsGrp/BOYAmt015219742
IRS990/TotalAssetsGrp/EOYAmt014658722
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366782
IRS990/TotalFunctionalExpensesGrp/TotalAmt0366782
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015397435
IRS990/TotalLiabilitiesEOYAmt015203197
IRS990/TotalLiabilitiesGrp/BOYAmt015397435
IRS990/TotalLiabilitiesGrp/EOYAmt015203197
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-177693
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-544475
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0366782
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015219742
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014658722
IRS990/TotReportableCompRltdOrgAmt0319109
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07000 ADVENTIST BOULEVARD
IRS990/USAddress/CityNm0HUNTSVILLE
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd035896
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR LESLIE POLLARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02567267024
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAKWOOD UNIVERSITY COMMUNITY QALICB
ReturnHeader/Filer/BusinessNameControlTxt0OAKW
ReturnHeader/Filer/EIN0881553777
ReturnHeader/Filer/PhoneNum02567267024
ReturnHeader/Filer/USAddress/AddressLine1Txt07000 ADVENTIST BLVD NW
ReturnHeader/Filer/USAddress/CityNm0HUNTSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035896
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263731278
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIPIAZZA LAROCCA HEETER & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 530095
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0352530095
ReturnHeader/PreparerPersonGrp/PhoneNum02058719973
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MONTY S WAITES CPA
ReturnHeader/ReturnTs02025-05-15T18:48:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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