Consistent 0% officer compensation, indicating high efficiency and mission focus.
Stable financial growth with increasing revenues and assets over recent years (e.g., revenue grew from $294,156 in 2021 to $423,625 in 2023).
Healthy asset-to-liability ratio, demonstrating financial stability (e.g., $127,540 assets vs. $20,881 liabilities in 2023).
Long and consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
Expenses closely aligned with revenues, suggesting careful financial management.
Spending Breakdown
How Alabama Oilmens Invitational Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Alabama Oilmens Invitational Inc
Is Alabama Oilmens Invitational Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Oilmens Invitational Inc (EIN: 208338803) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Alabama Oilmens Invitational Inc a good charity to donate to?
Alabama Oilmens Invitational Inc has a Mission Score of 92/100. Revenue: $497K. Assets: $123K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Alabama Oilmens Invitational Inc?
The Employer Identification Number (EIN) for Alabama Oilmens Invitational Inc is 208338803. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Alabama Oilmens Invitational Inc spend its money?
Alabama Oilmens Invitational Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Alabama Oilmens Invitational Inc's tax-exempt status?
You can verify Alabama Oilmens Invitational Inc's tax-exempt status using EIN 208338803 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Alabama Oilmens Invitational Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past several years, indicating growth in its operations. For example, revenue grew from $294,156 in 2021 to $423,625 in 2023. The organization maintains a healthy asset base relative to its liabilities, with assets of $127,540 and liabilities of $20,881 in 2023, suggesting good financial stability. The organization's consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a focus on directing funds towards its mission rather than executive salaries. This practice also suggests a volunteer-driven leadership model, which can be highly efficient.
Spending efficiency appears strong, as expenses closely track revenues, with a slight deficit in 2023 ($425,034 expenses vs. $423,625 revenue) but surpluses in prior years (e.g., $375,050 revenue vs. $334,536 expenses in 2022). This indicates careful management of resources. The absence of reported officer compensation further supports the notion of efficient spending, as a significant portion of funds is not diverted to high salaries. The organization's consistent filing history over 13 periods also points to a commitment to regulatory compliance and transparency.