Is Oh Association Inc Legit?

Quick charity verification for Oh Association Inc (EIN: 203113986)

Verdict: Oh Association Inc appears trustworthy

90/100Mission Score
$28KRevenue
$149KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Oh Association Inc demonstrates consistent financial growth and strong asset accumulation over the past five years. The organization's revenue has fluctuated, peaking at $45,275 in 2021 and most recently reported at $40,265 in 2023. Expenses have remained relatively low compared to revenue, indicating efficient operations. For instance, in 2023, expenses were $22,842 against $40,265 in revenue, resulting in a surplus. The organization's assets have more than doubled from $63,775 in 2019 to $145,013 in 2023, suggesting sound financial management and reinvestment capacity. The organization consistently reports 0% officer compensation across all filings, which is a significant indicator of volunteer-driven leadership and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its financial efficiency and transparency. While specific program spending details are not provided in the summary data, the low overall expenses relative to revenue, coupled with asset growth, imply a focus on mission-related activities and prudent financial stewardship. The minimal liabilities, such as $1,227 in 2023, further underscore a healthy balance sheet. Overall, Oh Association Inc appears to be a financially stable and efficiently managed nonprofit. Its consistent asset growth, low expense ratios, and complete absence of officer compensation reflect a strong commitment to its stated purpose and responsible use of donor funds. The organization's financial trajectory suggests a sustainable model for its operations.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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