Bacone College Development Corporation
EIN: 731288960 · Muskogee, OK
| Metric | Value |
|---|---|
| Total Revenue | $540 |
| Net Assets | $2.0M |
Is Bacone College Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bacone College Development Corporation
Bacone College Development Corporation (EIN: 731288960) is a nonprofit organization based in Muskogee, OK. The organization reported total revenue of $540 and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bacone College Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bacone College Development Corporation is a micro nonprofit that has been operating for 39 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -44.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $540 |
| Total Expenses | $0 |
| Surplus / Deficit | +$540 |
| Total Assets | $2.1M |
| Total Liabilities | $90K |
| Net Assets | $2.0M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 4.3% |
Financial Health Grade: A
In 2021, Bacone College Development Corporation reported a surplus of $540 with revenue exceeding expenses, has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Bacone College Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -44.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -66.0% | -100.0% | +0.0% |
| 2020 | -99.6% | -97.1% | +4.3% |
| 2019 | +12.1% | -43.5% | -38.4% |
| 2018 | +9.3% | +15.2% | -17.2% |
| 2017 | -6.3% | +1.1% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bacone College Development Corporation 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 Bacone College Development Corporation 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 (2021)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 4.3%.
Frequently Asked Questions about Bacone College Development Corporation
Is Bacone College Development Corporation a legitimate charity?
Bacone College Development Corporation (EIN: 731288960) is a registered tax-exempt nonprofit based in Oklahoma. It has 11 years of IRS 990 filings on record. Total revenue: $540. No red flags identified. Financial health grade: A.
How does Bacone College Development Corporation spend its money?
Bacone College Development Corporation reported $540 in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bacone College Development Corporation tax-deductible?
Bacone College Development Corporation is registered as a tax-exempt nonprofit (EIN: 731288960). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bacone College Development Corporation located?
Bacone College Development Corporation is headquartered in Muskogee, Oklahoma and files with the IRS under EIN 731288960.
How many years of IRS 990 filings does Bacone College Development Corporation have?
Bacone College Development Corporation has 11 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 $540 in total revenue.
Filing History
IRS 990 filing history for Bacone College Development Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Bacone College Development Corporation's revenue has declined by 99.7%, moving from $189K to $540. Total assets decreased by 35.7% over the same period, from $3.3M to $2.1M. Total functional expenses fell by 100%, from $173K to $0. The organization holds $90K in liabilities against $2.1M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $540 | $0 | $2.1M | $90K | — | — |
| 2020 | $2K | $4K | $2.1M | $90K | — | — |
| 2019 | $414K | $155K | $2.0M | $0 | — | View 990 |
| 2018 | $370K | $274K | $3.3M | $1.5M | — | View 990 |
| 2017 | $338K | $238K | $4.0M | $2.3M | — | View 990 |
| 2016 | $361K | $236K | $4.1M | $2.5M | — | View 990 |
| 2015 | $349K | $1.5M | $3.9M | $2.5M | — | View 990 |
| 2014 | $349K | $313K | $3.4M | $867K | — | View 990 |
| 2013 | $349K | $272K | $3.4M | $857K | — | View 990 |
| 2012 | $349K | $272K | $3.3M | $858K | — | View 990 |
| 2011 | $189K | $173K | $3.3M | $925K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $540, expenses of $0, and assets of $2.1M (revenue -66.0% year-over-year).
- 2020: Revenue of $2K, expenses of $4K, and assets of $2.1M (revenue -99.6% year-over-year).
- 2019: Revenue of $414K, expenses of $155K, and assets of $2.0M (revenue +12.1% year-over-year).
- 2018: Revenue of $370K, expenses of $274K, and assets of $3.3M (revenue +9.3% year-over-year).
- 2017: Revenue of $338K, expenses of $238K, and assets of $4.0M (revenue -6.3% year-over-year).
- 2016: Revenue of $361K, expenses of $236K, and assets of $4.1M (revenue +3.5% year-over-year).
- 2015: Revenue of $349K, expenses of $1.5M, and assets of $3.9M (revenue +0.2% year-over-year).
- 2014: Revenue of $349K, expenses of $313K, and assets of $3.4M (revenue -0.1% year-over-year).
- 2013: Revenue of $349K, expenses of $272K, and assets of $3.4M (revenue -0.1% year-over-year).
- 2012: Revenue of $349K, expenses of $272K, and assets of $3.3M (revenue +84.4% year-over-year).
- 2011: Revenue of $189K, expenses of $173K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bacone College Development Corporation:
Data Sources and Methodology
This transparency report for Bacone College Development Corporation 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.