Quick charity verification for O D A Community Development Corp (EIN: 113167240)
Verdict: O D A Community Development Corp appears trustworthy
85/100Mission Score
$4.2MRevenue
$1.5MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities over time (from $280,949 in 2014 to $1,031,744 in 2023) without clear explanation of their nature.
Consistent 0% officer compensation reported, which is unusual for an organization with over $3 million in annual revenue, potentially indicating compensation is reported elsewhere or leadership is entirely volunteer.
Strengths
Consistent revenue generation, with revenues generally matching or slightly exceeding expenses, indicating stable operations.
Growth in assets from $418,848 in 2014 to $1,625,208 in 2023, strengthening the organization's financial base.
High spending efficiency, as nearly all revenue is expended on operations, suggesting funds are directly deployed to mission.
No reported officer compensation, indicating a potentially very lean administrative overhead at the executive level.
Spending Breakdown
How O D A Community Development Corp 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 O D A Community Development Corp
Is O D A Community Development Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, O D A Community Development Corp (EIN: 113167240) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is O D A Community Development Corp a good charity to donate to?
O D A Community Development Corp has a Mission Score of 85/100. Revenue: $4.2M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for O D A Community Development Corp?
The Employer Identification Number (EIN) for O D A Community Development Corp is 113167240. 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 O D A Community Development Corp spend its money?
O D A Community Development Corp allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify O D A Community Development Corp's tax-exempt status?
You can verify O D A Community Development Corp's tax-exempt status using EIN 113167240 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
O D A Community Development Corp demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, revenues were $3,113,448 against expenses of $3,108,915, indicating a tight operational margin. The organization's assets have shown growth, increasing from $418,848 in 2014 to $1,625,208 in 2023, suggesting a strengthening financial position. However, liabilities have also increased significantly, from $280,949 in 2014 to $1,031,744 in 2023, which warrants closer examination to understand their nature and sustainability.
Spending efficiency appears to be a strong point, as the organization consistently spends nearly all its revenue on its operations, with very little left over. This suggests a focus on deploying funds directly into its mission rather than accumulating large reserves. The absence of reported officer compensation across all filings is a notable aspect of its transparency and operational model, indicating that top leadership may be unpaid or compensated through other means not captured in this specific line item, or that the organization is structured to minimize executive overhead. Further details on program spending versus administrative and fundraising costs would provide a more complete picture of efficiency.
Overall, O D A Community Development Corp appears to be a financially stable organization with a lean operational model. Its consistent revenue generation and asset growth, coupled with no reported officer compensation, point towards a dedicated and efficient use of resources. However, the rising liabilities should be monitored to ensure long-term financial health. The lack of detailed spending breakdowns in the provided data limits a deeper analysis of specific program efficiency and administrative overhead.