OAK CREST INSTITUTE OF SCIENCE Charity Report

Public IRS 990 nonprofit record

OAK CREST INSTITUTE OF SCIENCE

EIN 95-4680961 · General Science (U20)

What they do

1.Governmental ResearchFederal Grants Make Up The Largest Portion of Oak Crests Current Funding Support. These Include Grants From (a) The National Institutes of Health to Develop Innovative Biomedical Technologies for The Prevention and Treatment of Infectious Diseases; (b) The National Science Foundation to Develop and Implement Educational Programs Geared At Increasing Community College Student Engagement In Science; and (c) The National Aeronautics and Space Administration to Conduct Laboratory Studies That May Shed Light On The Emergence of Life On Earth and Other Planets.2. Lab Loan OutsOak Crest is Deeply Committed Towards Building A Science Ecosystem Centered In Monrovia, A Program That is Expected to Build A Sustainable Network of Local Technology Companies Offering High Quality Employment Opportunities to Local Residents. The Effort Includes Attracting Scientific Entrepreneurs and Supporting The Early Stages of Their Start-up Companies By Providing Laboratory Space and Access

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.13%of revenue went to mission work85.2% of expenses · Program services

$97.60spent for every $100 of revenueRevenue covered expenses this year.

14.47%of revenue went to management and office costs14.8% of expenses

$0.94in assets for every $1 spent this yearSome assets cannot be spent right away.

92.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $248,539 for DR MARC BAUM (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,470,203

Mission workProgram services$5,378,36983.13% of revenue85.2% of expenses

ManagementOffice and general costs$936,48114.47% of revenue14.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$155,3532.40% of revenueShown in gray on the chart

Total expenses$6,314,85097.60% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 97.60% of revenue

2023Expense mix: 88.1% mission · 11.9% management · 0.0% fundraisingTotal expenses: 86.34% of revenue

2022Expense mix: 82.3% mission · 17.7% management · 0.0% fundraisingTotal expenses: 109.50% of revenue

2021Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 103.59% of revenue

2020Expense mix: 81.1% mission · 18.9% management · 0.0% fundraisingTotal expenses: 84.98% of revenue

Money in and money out

Revenue$6,470,203

Expenses$6,314,850

Annual surplus $155,353 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,378,369 · 85.2% of expenses

Management and office costs$936,481 · 14.8% of expenses

See all reported dollar amounts

Revenue$6,470,203

Expenses$6,314,850

Assets$5,966,671

Income$6,470,203

Contributions$5,983,306

Mission work (program services)$5,378,369

Management and general$936,481

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR MARC BAUMCEO · 40 hrs/week $248,539Base $229,441 · Other $19,098

JOHN MOSSRole not listed · 40 hrs/week $142,203Base $127,754 · Other $14,449

WENDY CANOSECRETARY · 40 hrs/week $138,791Base $118,166 · Other $20,625

PAUL WEBSTERRole not listed · 40 hrs/week $124,251Base $119,775 · Other $4,476

SAMAN M GUNAWARDANARole not listed · 40 hrs/week $118,377Base $108,098 · Other $10,279

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

DR MARC BAUMCEO

JOHN MOSS

WENDY CANOSECRETARY

PAUL WEBSTER

SAMAN M GUNAWARDANA

CHARLES THOMASDIRECTOR

DAVID LEVYDIRECTOR

DR ELIZABETH KRIDERDIRECTOR

DR KAYVAN ARDALANDIRECTOR

RICH GARRETT CPACFO

About this charity

Recognized since: January 1998
Location: 132 W CHESTNUT AVE, MONROVIA, CA 91016-3412
County: Los Angeles
In care of: DR MARC BAUM
Primary officer: DR MARC BAUM, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@oak-crest.org Phone(626) 817-0883

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LAWRENCE R MITCHELL & COMPANY CPAS
NTEE classification: General Science (U20)
IRS tax category: General Science