Nonprofit · EIN 87-0643214
OK FOUNDATION
Also known as OPERATION KIDS
Tax-exempt · SALT LAKE CITY, UT 84109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,317,246 | $8,861,210 | $456,036 | $9,907,631 | $0 | $9,907,631 |
| December 31, 2023 | 990 | $7,829,040 | $2,173,613 | $5,655,427 | $9,499,666 | $24,526 | $9,475,140 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,635,065
- Program service revenue
- $0
- Investment income
- $3,723,816
- Net gain from sales of assets
- $3,500,865
- Other revenue
- -$41,635
Expenses
- Grants and similar amounts paid
- $8,194,525
- Compensation of officers, directors and key employees
- $161,259
- Salaries, compensation and benefits (total)
- $259,277
- Professional fundraising fees
- $0
- Accounting fees
- $12,329
- Occupancy
- $30,498
- Travel
- $115,740
- Program services (functional)
- $8,691,573
- Management and general (functional)
- $166,739
- Fundraising (functional)
- $2,898
Balance sheet and other
- Total assets, start of year
- $9,499,666
- Total assets, end of year
- $9,907,631
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,907,631
- Publicly traded securities
- $6,802,079
- Net assets without donor restrictions
- $9,907,631
- Gross unrelated business income
- -$42,235
- Gross receipts
- $11,626,646
- Employees
- 1
- Volunteers
- 5
- Year formed
- 1999
- State of legal domicile
- UT
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Philip Webb | Executive Director Officer | 40 | $168,000 | $50,998 |
| Sombo Muzata | Board Member Trustee or director | 1 | $0 | $0 |
| Dennis Webb | Board Chair Trustee or director | 1 | $0 | $0 |
| Jan Robbins | Board Member Trustee or director | 1 | $0 | $0 |
| Steve Farrell | Board Member Trustee or director | 1 | $0 | $0 |
| Ron Gunnell | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Philip Webb | Executive Director Officer | 40 | $193,000 | $10,400 |
| Sombo Muzata | Board Member Trustee or director | 1 | $0 | $0 |
| Dennis Webb | Board Chair Trustee or director | 5 | $0 | $0 |
| Jan Robbins | Board Member Trustee or director | 1 | $0 | $0 |
| Steve Farrell | Board Member Trustee or director | 1 | $0 | $0 |
| Ron Gunnell | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3865 S WASATCH BLVD, SALT LAKE CITY, UT 84109-3810
- In care of
- % DENNIS R WEBB
- Principal officer (990 for 2024)
- Philip Webb, 3865 S Wasatch Blvd Suite 130, Salt Lake City, UT 84109
- Signed the 990
- Philip Webb, Executive Director
- Phone
- (801) 707-7646
- Website
- www.operationkids.org
- Return prepared by
- Squire & Company PC
Mission
Serving the needs of the whole child, including education, safety, environment, health, and well-being.
Program accomplishments
- OK Foundation improves the lives of children by supporting a researched community of charities serving the most important issues facing kids.Expenses $8,691,573 · grants $8,194,525
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 | Not 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
- 87-0643214
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $9,907,631
- Income (IRS master file)
- $11,626,646
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,317,246 | $8,861,210 | $9,907,631 | XML |
| 990 | December 2023 | $7,829,040 | $2,173,613 | $9,499,666 | XML |
| 990 | December 2022 | $1,228,030 | $1,768,688 | $3,443,255 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 87-0643214).
Questions about OK FOUNDATION
- What is the EIN of OK FOUNDATION?
- The employer identification number (EIN) of OK FOUNDATION is 87-0643214.
- Is OK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to OK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OK FOUNDATION 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 OK FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OK FOUNDATION?
- The 990 for the year ended December 31, 2024 names Philip Webb.
- Who are the officers and directors of OK FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $168,000 (Philip Webb, Executive Director).
- How much revenue does OK FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,317,246, expenses of $8,861,210 and total assets of $9,907,631 at year end.
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All nonprofits in SALT LAKE CITY · Utah · Philanthropy, voluntarism and grantmaking foundations