Is Southeast Oklahoma Community Development Corporation Legit?

Quick charity verification for Southeast Oklahoma Community Development Corporation (EIN: 202554357)

Verdict: Southeast Oklahoma Community Development Corporation appears trustworthy

75/100Mission Score
$141KRevenue
$849KAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Southeast Oklahoma Community Development Corporation appears to be in a stable financial position, with assets significantly exceeding liabilities in its latest filing ($849,441 assets vs. $715,241 liabilities in 2023). The organization has shown consistent revenue growth, from $75,987 in 2022 to $141,283 in the latest period, indicating increasing support or activity. Expenses have also risen in line with revenue, suggesting expanding operations. The organization's commitment to transparency is bolstered by its consistent filing of IRS Form 990s and the reported 0% officer compensation, which can be a positive indicator for donor confidence. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.

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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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