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
Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.
Strengths
Consistent revenue growth from $75,987 (2022) to $141,283 (latest).
Positive asset growth from $709,888 (2022) to $849,441 (latest).
No reported officer compensation in available filings.
Consistent IRS 990 filing history demonstrates transparency.
Spending Breakdown
How Southeast Oklahoma Community Development Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Southeast Oklahoma Community Development Corporation
Is Southeast Oklahoma Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Southeast Oklahoma Community Development Corporation (EIN: 202554357) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Southeast Oklahoma Community Development Corporation a good charity to donate to?
Southeast Oklahoma Community Development Corporation has a Mission Score of 75/100. Revenue: $141K. Assets: $849K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southeast Oklahoma Community Development Corporation?
The Employer Identification Number (EIN) for Southeast Oklahoma Community Development Corporation is 202554357. 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 Southeast Oklahoma Community Development Corporation spend its money?
Southeast Oklahoma Community Development Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southeast Oklahoma Community Development Corporation's tax-exempt status?
You can verify Southeast Oklahoma Community Development Corporation's tax-exempt status using EIN 202554357 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
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.