High liabilities relative to assets, suggesting a specific financial management role rather than traditional charitable asset accumulation.
Lack of detailed program spending breakdown in summary data, making it difficult to fully assess efficiency.
Strengths
Consistent financial reporting and transparency through regular IRS 990 filings.
Zero reported officer compensation, indicating a potentially volunteer-driven or highly cost-efficient leadership structure.
Stable revenue and expense patterns over multiple years, suggesting predictable operations.
Spending Breakdown
How Oklahoma Receivership Office Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Oklahoma Receivership Office Inc
Is Oklahoma Receivership Office Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oklahoma Receivership Office Inc (EIN: 205859907) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Oklahoma Receivership Office Inc a good charity to donate to?
Oklahoma Receivership Office Inc has a Mission Score of 85/100. Revenue: $28.5M. Assets: $94.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oklahoma Receivership Office Inc?
The Employer Identification Number (EIN) for Oklahoma Receivership Office Inc is 205859907. 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 Oklahoma Receivership Office Inc spend its money?
Oklahoma Receivership Office Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oklahoma Receivership Office Inc's tax-exempt status?
You can verify Oklahoma Receivership Office Inc's tax-exempt status using EIN 205859907 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
The Oklahoma Receivership Office Inc. demonstrates consistent financial activity, with revenues and expenses generally in close proximity across its filing history. For instance, in 2023, revenue was $697,711 against expenses of $617,691, indicating a modest surplus. The organization's assets have shown significant growth, from $42,049,261 in 2019 to $90,920,549 in 2023, though a substantial portion of these assets are offset by liabilities, suggesting a focus on managing specific financial instruments or obligations rather than accumulating unrestricted net assets. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and operational structure, indicating that executive leadership is not drawing a salary from the organization's funds. This practice, combined with regular filings, suggests a commitment to financial accountability, although a detailed breakdown of program versus administrative spending is not explicitly provided in the summary data.