Oklahoma Independent Colleges And Universities Inc, Oicu Inc in Oklahoma City, Oklahoma (OK)

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Oklahoma Independent Colleges And Universities Inc, Oicu Inc
Employer Identification Number (EIN)730632937
Name of OrganizationOklahoma Independent Colleges And Universities Inc
Secondary NameOicu Inc
AddressPO BOX 57148, Oklahoma City, OK 73157-7148
ActivitiesFundraising, School, college, trade school, etc.
SubsectionEducational Organization
Ruling Date06/1957
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$104,628
Amount of Income$125,359
Form 990 Revenue Amount$125,359
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Undergraduate College (4-year)


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Amount of income in 2014: $125,359 (it was $120,975 in 2013)
This organization: 

 $125,359
Other organizations performing similar types of work: 

 $1,343,451

Assets in 2014: $104,628 (it was $123,852 in 2013)
This organization: 

 $104,628
Other organizations performing similar types of work: 

 $5,533,504

Expenses in 2013: $109,156
Oklahoma Independent Colleges And Universities Inc, Oicu Inc: 

 $109,156
Other organizations performing similar types of work: 

 $487,806

Income to expenses ratio in 2013: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 2.4

Grants share in income in 2013: 24.0%
Oklahoma Independent Colleges And Universities Inc, Oicu Inc: 

 24.0%
Other organizations performing similar types of work: 

 47.7%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$103,871$115,224$120,975
Contributions, gifts, grants, and similar amounts received$24,300$29,000$29,000
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$79,026$85,882$91,676
Investment income$545$342$299
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$132,741$110,963$109,156
Total net assets$105,336$109,597$121,416
Excess/Deficit for the year$-28,870$4,261$11,819
Net assets or fund balances at beginning of year$134,206$105,336$109,597
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$109,597$121,416
Balance Sheets
201120122013
Total assets$107,772$112,033$123,852
Total liabilities$2,436$2,436$2,436
Net assets or fund balances$105,336$109,597$121,416
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Murray State College Foundation Inc1 Murray Campus St, Tishomingo, OK 73460-3137OK1980-03$2,461,514
2Southern Oregon University Foundation1250 Siskiyou Blvd, Ashland, OR 97520-5001OR1968-01$29,348,632
3Rhode Island College Foundation600 Mount Pleasant Avenue, Providence, RI 02908-1940RI1978-03$19,304,093
4The College Of New Jersey Foundation IncPO BOX 7718, Ewing, NJ 08628-0718NJ1985-01$17,189,638
5Scholarship & Welfare Funds Of Alumni Association Of Hunter Colle695 Park Ave Rm 1314he, New York, NY 10065-5024NY1949-09$15,886,796
6Union County College Foundation Inc995 Springfield Ave, Cranford, NJ 07016-1528NJ1979-04$8,697,416
7Thomas A Edison State College Foundation Inc101 W State St, Trenton, NJ 08608-1101NJ1978-10$6,729,279
8Santa Ana College Foundation1530 W 17th St, Santa Ana, CA 92706-3398CA1968-05$5,446,012
9Wayne State Foundation1111 Main Street, Wayne, NE 68787-1172NE1963-06$5,177,884
10Schoolcraft College Foundation18600 Haggerty Rd, Livonia, MI 48152-3932MI1966-11$5,130,130
11State University College At Brockport Foundation Inc350 New Campus Dr, Brockport, NY 14420-2997NY1977-03$4,132,336
12South Georgia State College Foundation Inc100 College Park Dr W, Douglas, GA 31533-5020GA1990-03$3,101,351
13Sarah Harris Johnson-Whitman College FundPO BOX 831041, Dallas, TX 75283-1041TX1977-11$2,920,505
14Warner Pacific College Foundation2219 Se 68th Ave, Portland, OR 97215-4026OR1971-01$2,846,239
15Simpson College Foundation2211 College View Dr, Redding, CA 96003-8601CA1992-09$2,014,626
16Wenatchee Valley College Foundation Inc1300 5th St, Wenatchee, WA 98801-1741WA1974-01$1,936,598
17Carl Albert State College Development Foundation1507 S Mckenna St, Poteau, OK 74953-5207OK1980-05$937,855
18Northern Oklahoma College Foundation Inc1220 E Grand Ave, Tonkawa, OK 74653-4022OK1968-04$832,145
19Oklahoma Independent Colleges And Universities Inc, Oicu IncPO BOX 57148, Oklahoma City, OK 73157-7148OK1957-06$125,359
20Oklahoma Missionary Baptist College, Oklahoma Missionary Baptist Seminary1495 S Henney Rd, Choctaw, OK 73020OK1975-02$0
Number of organizations performing similar types of work
Alabama1
Arkansas1
Arizona1
California27
Colorado2
Florida4
Georgia10
Iowa1
Idaho1
Illinois10
Indiana3
Kansas3
Kentucky1
Louisiana2
Massachusetts7
Maryland1
Maine2
Michigan6
Minnesota3
Missouri1
Montana1
North Carolina10
Nebraska4
New Hampshire2
New Jersey5
New York15
Ohio7
Oklahoma5
Oregon4
Pennsylvania1
Rhode Island3
South Carolina7
Tennessee1
Texas10
Washington6
Wisconsin3
West Virginia1
International2
Total174

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