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Oasis Institute

EIN 32-0081580 · Albuquerque, NM

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthFair64 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO ENRICH THE LIVES OF MATURE ADULTS THROUGH LIFELONG LEARNING AND SERVICE OPPORTUNITIES.

Income
$709,001
Spending
$764,250
Spent on programs
81%
Reserves
4.7 months of spending
Largest source of income
fees for its services, 48%
Employees
8
Volunteers
549
Highest pay
$122,702, treasurer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 64 out of 100.

  • Reserves

    20 of 35

    Spendable reserves would cover 4.7 months of spending.

  • Debt

    10 of 20

    It owes 38% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 8% of income.

  • Income trend

    15 of 15

    Income rose 21% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 10 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100.

  • Independent board

    25 of 25

    6 of 6 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $620,810 spent. 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. 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.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Caution.

    Not on the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2001.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.