Nonprofit · EIN 32-0081580
OASIS INSTITUTE
Also known as ALBUQUERQUE OASIS
Tax-exempt · ALBUQUERQUE, NM 87107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $635,193 | $740,587 | -$105,394 | $473,628 | $175,306 | $298,322 |
| December 31, 2024 | 990 | $709,001 | $764,250 | -$55,249 | $606,639 | $232,995 | $373,644 |
| December 31, 2023 | 990 | $586,087 | $740,470 | -$154,383 | $692,801 | $299,121 | $393,680 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $187,766
- Program service revenue
- $438,063
- Investment income
- $7,944
- Other revenue
- $1,420
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $93,408
- Other salaries and wages
- $249,423
- Salaries, compensation and benefits (total)
- $409,591
- Professional fundraising fees
- $0
- Occupancy
- $68,812
- Travel
- $809
- Depreciation
- $2,510
- Program services (functional)
- $581,360
- Management and general (functional)
- $118,988
- Fundraising (functional)
- $40,239
Balance sheet and other
- Total assets, start of year
- $606,639
- Total assets, end of year
- $473,628
- Total liabilities, end of year
- $175,306
- Net assets, end of year
- $298,322
- Land, buildings and equipment
- $1,883
- Publicly traded securities
- $269,309
- Net assets without donor restrictions
- $200,751
- Net assets with donor restrictions
- $97,571
- Gross receipts
- $635,193
- Employees
- 8
- Year formed
- 2003
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT SHARP | EXECUTIVE DI Officer | 40 | $93,409 |
| LORNA WIGGINS | PRESIDENT Trustee or director, Officer | – | $0 |
| BRET HEINRICH | VICE PRESIDE Trustee or director, Officer | – | $0 |
| DAWN ANDERSON | TREASURER Trustee or director, Officer | – | $0 |
| WEI-ANN BAY | DIRECTOR Trustee or director | – | $0 |
| TODD GRIFFIN | DIRECTOR Trustee or director | – | $0 |
| WILLIAM ITOH | DIRECTOR Trustee or director | – | $0 |
| ANN SAPON | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| DAWN ANDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $122,702 |
| SCOTT SHARP | EXECUTIVE DI Officer | 40 | $89,732 | $0 |
| LORNA WIGGINS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRET HEINRICH | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| WEI-ANN BAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD GRIFFIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM ITOH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANN SAPON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAWN ANDERSON | TREASURER Trustee or director, Officer | 1 | $0 | $114,570 | $21,768 |
| KATHLEEN RASKOB | EXECUTIVE DIRECTOR Officer | 40 | $80,382 | $0 | $15,032 |
| LORNA M WIGGINS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRET HEINRICH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANNE SAPON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHRISSY AKES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WEI-ANN BAY MD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM ITOH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TODD GRIFFIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3301 MENAUL BLVD NE SUITE 118, ALBUQUERQUE, NM 87107-1852
- In care of
- % KATHLEEN RASKOB
- Principal officer (990 for 2025)
- SCOTT SHARP, 3301 MENAUL BLVD NE SUITE 118, ALBUQUERQUE, NM 87107
- Signed the 990
- SCOTT SHARP, EXECUTIVE DIRECTOR
- Phone
- (505) 884-4529
- Website
- ALBUQUERQUE.OASISNET.ORG
- Return prepared by
- WATERS & COMPANY LLC
Mission
TO ENRICH THE LIVES OF MATURE ADULTS THROUGH LIFELONG LEARNING AND SERVICE OPPORTUNITIES.
Program accomplishments
- 2024 WAS A TIME OF TRANSITION FOR ALBUQUERQUE OASIS. KATHLEEN RASKOB, WHO SERVED AS THE EXECUTIVE DIRECTOR OF OASIS FOR NINE YEARS, RETIRED OPENING THE DOOR FOR NEW LEADERSHIP IN THE PERSON OF SCOTT SHARP. ADDITIONALLY, ALBUQUERQUE OASIS MOVED ITS BOOKKEEPING AND BANKING TO LOCAL SOURCES RESULTING IN MORE RESPONSIVE SERVICE AND A COMMUNITY FOCUS. ON THE PROGRAM LEVEL, 2024 WAS HIGHLIGHTED BY: 1.INCREASED LIFELONG LEARNING EXPERIENCES 2.INCREASED HEALTH AND WELLNESS OPPORTUNITIES 3.INCREASED NUMBER OF STUDENTS SERVED THROUGH THE OASIS INTERGENERATIONAL TUTORING PROGRAM 4.IMPROVED REVENUE/DECREASED DEFICIT OVER 2023 THE ALBUQUERQUE OASIS BOARD OF DIRECTORS WAS VERY INVOLVED IN 2024. TWO MEMBERS ASSISTED THE EXECUTIVE DIRECTOR IN THE DEVELOPMENT OF A FIVE-YEAR STRATEGIC PLAN. MEMBERS OF THE BOARD OF DIRECTORS WERE ALSO INVOLVED IN THE INTERGENERATIONAL TUTORING PROGRAM.Expenses $581,360 · revenue $438,063
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 32-0081580
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 3791: THE OASIS INSTITUTE
- Assets (IRS master file)
- $473,628
- Income (IRS master file)
- $635,193
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $635,193 | $740,587 | $473,628 | XML |
| 990 | December 2024 | $709,001 | $764,250 | $606,639 | XML |
| 990 | December 2023 | $586,087 | $740,470 | $692,801 | XML |
| 990 | December 2022 | $584,543 | $712,935 | $683,761 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0081580).
Questions about OASIS INSTITUTE
- What is the EIN of OASIS INSTITUTE?
- The employer identification number (EIN) of OASIS INSTITUTE is 32-0081580.
- Is OASIS INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Which annual return does OASIS INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OASIS INSTITUTE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OASIS INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of OASIS INSTITUTE?
- The 990 for the year ended December 31, 2025 names SCOTT SHARP.
- Who are the officers and directors of OASIS INSTITUTE?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $93,409 (SCOTT SHARP, EXECUTIVE DI).
- How much revenue does OASIS INSTITUTE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $635,193, expenses of $740,587 and total assets of $473,628 at year end.
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