EIN 46-5103221

Oklahoma Native Assets Coalition (ONAC)

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2014
Most recent tax filings
2023-12-01
Description
Oklahoma Native Assets Coalition assists in developing and supporting a network of Native people dedicated to increasing the self-sufficiency and prosperity of their communities through comprehensive financial initiatives. The organization administers seven programs, including professional development, program development, financial education training, and more.
Total revenues
$1,040,073
2023
Total expenses
$844,388
2023
Total assets
$2,778,913
2023
Num. employees
2
2023

Program areas at ONAC

The organization administers seven programs: 1) Native asset builder professional development and program development (including Native bank on onac/national get banked indian country campaign, financial education train-the-trainers, multiple Native asset building research papers and presentations, the national Native eitc/vita network, and funding of bank on accounts), 2) mini grants and larger grants to fund Native asset-building projects, 3) establishing and funding educational savings accounts for american indian and Alaska Native children, 4) funding emergency savings accounts for Native families, 5) cash assistance incentives for Native families building and repairing credit and purchasing a home, 6) one-on-one financial coaching, and 7) down payment assistance. In 2023, the organization served an estimated 15,329 constituents with the Native asset builder professional development program, mini grants, support of Native vita programs, children's savings accounts, emergency savings accounts, cash assistance incentives, bank on incentives, financial coaching, and down payment assistance.

Grants made by ONAC

GranteeGrant descriptionAmount
Community Development Financial Institution - Tohono O'odham NationVita Program$0
Lakota FundsVita Program$0
Four Bands Community FundVita Program$0
...and 7 more grants made

Who funds Oklahoma Native Assets Coalition (ONAC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Kresge FoundationTo Support Onacs Asset Building Efforts Across the Country$150,000
Target FoundationEconomic Opportunity - National (Ecosystem)$80,000
The Bank of America Charitable FoundationProgram/operating Support$25,000
...and 1 more grant received

Personnel at ONAC

NameTitleCompensation
Christy FinselExecutive Director
Christina FinselPresident$192,781
Anna KnightVice President$0
Cynthia LogsdonSecretary$0
Christy EstesTreasurer$0
...and 2 more key personnel

Financials for ONAC

RevenuesFYE 12/2023
Total grants, contributions, etc.$967,192
Program services$0
Investment income and dividends$66,685
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,196
Total revenues$1,040,073

Form 990s for ONAC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-12990View PDF
2022-122023-09-21990View PDF
2021-122022-11-01990View PDF
2020-122021-08-09990View PDF
2019-122021-04-02990View PDF
...and 5 more Form 990s
Data update history
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 26, 2024
Used new vendors
Identified 1 new vendor, including
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from The Bank of America Charitable Foundation
February 3, 2024
Received grants
Identified 1 new grant, including a grant for $80,000 from Target Foundation
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $150,000 from Kresge Foundation
Nonprofit Types
Grantmaking organizationsCivic / social organizationsBusiness and community development organizationsCharities
Issues
Community improvement
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
PO Box 21804
Oklahoma City, OK 73156
Metro area
Oklahoma City, OK
County
Oklahoma County, OK
Website URL
oknativeassets.org/ 
Phone
(405) 401-7873
IRS details
EIN
46-5103221
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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