Quick charity verification for Oliver Charitable Corporation (EIN: 204399824)
Verdict: Oliver Charitable Corporation shows mixed signals
45/100Mission Score
$831KRevenue
$4.6MAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits, with expenses frequently exceeding revenue (e.g., $405,245 expenses vs. $161,706 revenue in 2023).
Significant and continuous decline in total assets over the past decade, from $9,380,167 in 2011 to $4,814,310 in 2023.
Negative revenue reported in some years (e.g., $-26,343 in 2019 and $-60,391 in 2014), which is unusual and warrants further investigation.
Strengths
Zero reported officer compensation across all filings, potentially indicating efficient use of funds for leadership or strong volunteer engagement.
Maintains a substantial asset base ($4,814,310 in 2023), providing a buffer despite operating deficits.
Spending Breakdown
How Oliver Charitable Corporation allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
10%
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 Oliver Charitable Corporation
Is Oliver Charitable Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oliver Charitable Corporation (EIN: 204399824) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Oliver Charitable Corporation a good charity to donate to?
Oliver Charitable Corporation has a Mission Score of 45/100. Revenue: $831K. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oliver Charitable Corporation?
The Employer Identification Number (EIN) for Oliver Charitable Corporation is 204399824. 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 Oliver Charitable Corporation spend its money?
Oliver Charitable Corporation allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oliver Charitable Corporation's tax-exempt status?
You can verify Oliver Charitable Corporation's tax-exempt status using EIN 204399824 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
Oliver Charitable Corporation exhibits a concerning trend of declining revenue and assets over the past decade, coupled with inconsistent financial performance. In 2023, the organization reported revenue of $161,706 against expenses of $405,245, indicating a significant operating deficit. This pattern of expenses exceeding revenue is not isolated, as seen in 2021 ($238,119 revenue vs. $479,810 expenses) and 2020 ($71,486 revenue vs. $248,341 expenses). While the organization's assets remain substantial at $4,814,310 in 2023, this represents a considerable decrease from $9,380,167 in 2011. The consistent reporting of zero officer compensation across all filings suggests a potential reliance on volunteer leadership or that compensation is not reported in this section, which could be a positive for donor funds or a red flag for sustainability depending on the actual operational structure. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency, but the consistent operating deficits raise questions about long-term financial viability and program sustainability.