Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
Steady growth in assets over the past decade, from $1.13M in 2014 to $1.42M in 2023.
Very low liabilities, demonstrating strong financial health and responsible management (e.g., $9,204 in 2023).
Consistent filing of IRS 990s, indicating good transparency and accountability.
Spending Breakdown
How Oquossoc Angling Assoc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Oquossoc Angling Assoc
Is Oquossoc Angling Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oquossoc Angling Assoc (EIN: 10132580) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Oquossoc Angling Assoc a good charity to donate to?
Oquossoc Angling Assoc has a Mission Score of 95/100. Revenue: $268K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Oquossoc Angling Assoc?
The Employer Identification Number (EIN) for Oquossoc Angling Assoc is 10132580. 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 Oquossoc Angling Assoc spend its money?
Oquossoc Angling Assoc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Oquossoc Angling Assoc's tax-exempt status?
You can verify Oquossoc Angling Assoc's tax-exempt status using EIN 10132580 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
Oquossoc Angling Assoc demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization consistently operates with a surplus, with revenues generally exceeding expenses. For example, in 2023, revenue was $307,784 against expenses of $263,174, indicating sound financial management. Its asset base has also shown steady growth, increasing from $1,134,046 in 2014 to $1,420,520 in 2023, suggesting prudent accumulation of resources.
The organization's spending efficiency appears high, particularly given that officer compensation has consistently been reported as 0% across all available filings. This indicates that the organization is likely volunteer-led or has very low administrative overhead, allowing a greater proportion of funds to be directed towards its programs. The low liabilities, such as $9,204 in 2023, further underscore a healthy financial position and responsible fiscal practices. While specific program spending details are not provided in the summary data, the absence of officer compensation is a strong indicator of efficient resource allocation.
In terms of transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public accountability. The lack of reported officer compensation is a significant positive for transparency and efficiency. To further enhance transparency, a detailed breakdown of program expenses would be beneficial, but based on the available data, the organization appears to be a financially sound and responsibly managed entity.