THE COMMITTEE OF 100 FOR OAKWOOD UNIVERSITY INC

EIN: 630978107 501(c)(3)

HUNTSVILLE, AL

Total Revenue
$30,371
Total Expenses
$3,221
Total Assets
$603,186
Net Assets
$603,186
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
AL
Tax Period
2023-01-01 to 2023-12-31

THE COMM OF 100 FOR OAKWD UNIV INC, founded in 1980, is a micro nonprofit that reported $65K in total revenue in fiscal year 2020. Revenue surged 206% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 46% operating margin.

Mission

To provide scholarships for worthy students at Oakwood University and provide funds for Oakwood University as the need arises.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $24,548
Program Service Revenue $0
Investment Income $5,823
Other Revenue $0
TOTAL REVENUE $30,371

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,000
Other Expenses $3,221
TOTAL EXPENSES $3,221

Year-over-Year Comparison

2023 2022 Change
Revenue $30,371 $54,515 -0.4%
Expenses $3,221 $2,967 +0.1%
Net Income $27,150 $51,548 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
5

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✓ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Hicks President 10.00
Director
$0 $0 $0
Harold Jacobs Vice President 5.00
Officer
$0 $0 $0
Robert Douglass assistant Treasurer 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $30,371 $3,221 $603,186 $27,150
2022 $10,264 $4,095 $578,452 $6,169
2020 $65,028 $34,795 $529,472 $30,233
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