Oak City Locksport Inc is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it made $2K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5K
+33.9% YoY
Revenue
$2K
-43.6% YoY
Qualifying Distributions
$2K
+385.3% YoY
Expenses
$2K
+239.6% YoY
Under IRS private-foundation payout rules, Oak City Locksport Inc reported a distributable amount of $160 for 2024 — the minimum it must pay out in qualifying distributions.
About Oak City Locksport Inc
Based on IRS filings
Oak City Locksport Inc is a private foundation focused on Education, based in RALEIGH, NC. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it made $2K in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $4,928 | $3,679 |
| Revenue | $2,358 | $4,181 |
| Expenses | $1,705 | $502 |
| Qualifying Distributions | $2,436 | $502 |
| Net Investment Income | — | — |
| Distributable Amount | $160 | $94 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Patrick McNeil | President | 3 | — |
| Jeremy Thomas | Secretary | 1 | — |
| Thomas H Crouse | Asst Secretary | 1 | — |
| Charles Kneeshaw | Board Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Oak City Locksport Inc?
Oak City Locksport Inc is a private foundation focused on Education, based in RALEIGH, NC. It holds $5K in total assets as of 2024.
How large is Oak City Locksport Inc?
As of 2024, Oak City Locksport Inc holds $5K in total assets with $2K in annual revenue.
How much is Oak City Locksport Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Oak City Locksport Inc reported a distributable amount of $160 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Oak City Locksport Inc's EIN?
Oak City Locksport Inc's EIN (Employer Identification Number) is 92-2613857. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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