Apartment Association Of Central Oklahoma
EIN: 731002498 · Oklahoma City, OK · NTEE: L50
| Metric | Value |
|---|---|
| Total Revenue | $771K |
| Total Expenses | $569K |
| Net Assets | $221K |
Is Apartment Association Of Central Oklahoma Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Apartment Association Of Central Oklahoma
Apartment Association Of Central Oklahoma (EIN: 731002498) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code L50. The organization reported total revenue of $771K and total assets of $170K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apartment Association Of Central Oklahoma's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apartment Association Of Central Oklahoma is a small nonprofit that has been operating for 7 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $595K |
| Total Expenses | $569K |
| Surplus / Deficit | +$26K |
| Total Assets | $221K |
| Net Assets | $221K |
| Operating Margin | 4.4% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Apartment Association Of Central Oklahoma reported a surplus of $26K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Apartment Association Of Central Oklahoma's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.3% | +9.6% | +13.3% |
| 2022 | +20.6% | +28.3% | -9.4% |
| 2021 | +5.4% | +13.0% | +4.6% |
| 2020 | +3.7% | -8.3% | +19.6% |
| 2019 | +15.2% | +3.1% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Apartment Association Of Central Oklahoma has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Apartment Association Of Central Oklahoma with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
Frequently Asked Questions about Apartment Association Of Central Oklahoma
Is Apartment Association Of Central Oklahoma a legitimate charity?
Apartment Association Of Central Oklahoma (EIN: 731002498) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $771K. No red flags identified. Financial health grade: A.
How does Apartment Association Of Central Oklahoma spend its money?
Apartment Association Of Central Oklahoma reported $771K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Apartment Association Of Central Oklahoma tax-deductible?
Apartment Association Of Central Oklahoma is registered as a tax-exempt nonprofit (EIN: 731002498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Apartment Association Of Central Oklahoma located?
Apartment Association Of Central Oklahoma is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 731002498. It is classified under NTEE code L50.
How many years of IRS 990 filings does Apartment Association Of Central Oklahoma have?
Apartment Association Of Central Oklahoma has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $771K in total revenue.
Filing History
IRS 990 filing history for Apartment Association Of Central Oklahoma showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Apartment Association Of Central Oklahoma's revenue has grown by 283.4%, moving from $155K to $595K. Total assets increased by 60% over the same period, from $138K to $221K. Total functional expenses rose by 296.8%, from $143K to $569K. In its most recent filing year (2023), Apartment Association Of Central Oklahoma reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $595K | $569K | $221K | $0 | — | View 990 |
| 2022 | $498K | $519K | $195K | $0 | — | View 990 |
| 2021 | $413K | $404K | $216K | $0 | — | View 990 |
| 2020 | $392K | $358K | $206K | $-420 | — | — |
| 2019 | $378K | $390K | $172K | $-175 | — | View 990 |
| 2018 | $328K | $379K | $185K | $15 | — | View 990 |
| 2017 | $342K | $325K | $238K | $2K | — | — |
| 2016 | $368K | $345K | $219K | $34 | — | — |
| 2015 | $293K | $327K | $197K | $2 | — | — |
| 2014 | $363K | $312K | $232K | $2K | — | — |
| 2013 | $203K | $152K | $222K | $43K | — | View 990 |
| 2012 | $155K | $143K | $138K | $47K | — | View 990 |
| 2011 | $155K | $143K | $138K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $595K, expenses of $569K, and assets of $221K (revenue +19.3% year-over-year).
- 2022: Revenue of $498K, expenses of $519K, and assets of $195K (revenue +20.6% year-over-year).
- 2021: Revenue of $413K, expenses of $404K, and assets of $216K (revenue +5.4% year-over-year).
- 2020: Revenue of $392K, expenses of $358K, and assets of $206K (revenue +3.7% year-over-year).
- 2019: Revenue of $378K, expenses of $390K, and assets of $172K (revenue +15.2% year-over-year).
- 2018: Revenue of $328K, expenses of $379K, and assets of $185K (revenue -4.1% year-over-year).
- 2017: Revenue of $342K, expenses of $325K, and assets of $238K (revenue -7.0% year-over-year).
- 2016: Revenue of $368K, expenses of $345K, and assets of $219K (revenue +25.3% year-over-year).
- 2015: Revenue of $293K, expenses of $327K, and assets of $197K (revenue -19.1% year-over-year).
- 2014: Revenue of $363K, expenses of $312K, and assets of $232K (revenue +79.1% year-over-year).
- 2013: Revenue of $203K, expenses of $152K, and assets of $222K (revenue +30.6% year-over-year).
- 2012: Revenue of $155K, expenses of $143K, and assets of $138K (revenue +0.0% year-over-year).
- 2011: Revenue of $155K, expenses of $143K, and assets of $138K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apartment Association Of Central Oklahoma:
Data Sources and Methodology
This transparency report for Apartment Association Of Central Oklahoma is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.