Black Oaks Center For Sustainable Renewable Living Nfp
Black Oaks Center shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 204280294 · Chicago, IL · NTEE: C20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $906K |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 90/100 |
Is Black Oaks Center For Sustainable Renewable Living Nfp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Black Oaks Center For Sustainable Renewable Living Nfp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Black Oaks Center For Sustainable Renewable Living Nfp
Black Oaks Center For Sustainable Renewable Living Nfp (EIN: 204280294) is a nonprofit organization based in Chicago, IL, classified under NTEE code C20. The organization reported total revenue of $2.1M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Black Oaks Center For Sustainable Renewable Living Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Black Oaks Center For Sustainable Renewable Living Nfp is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 27.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $906K |
| Surplus / Deficit | +$354K |
| Total Assets | $1.6M |
| Total Liabilities | $120K |
| Net Assets | $1.5M |
| Operating Margin | 28.1% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 21.2 months |
Financial Health Grade: A
In 2022, Black Oaks Center For Sustainable Renewable Living Nfp reported a surplus of $354K with revenue exceeding expenses, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Black Oaks Center For Sustainable Renewable Living Nfp's revenue has grown at a compound annual growth rate (CAGR) of 27.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +0.7% | +46.9% | +20.8% |
| 2021 | +165.1% | +42.0% | +123.1% |
| 2020 | +128.6% | +117.3% | +325.8% |
| 2019 | -14.0% | -20.4% | +201.6% |
| 2018 | +128.0% | +139.8% | +107.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Black Oaks Center For Sustainable Renewable Living Nfp with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Black Oaks Center For Sustainable Renewable Living Nfp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $354K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds towards the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Black Oaks Center For Sustainable Renewable Living Nfp:
- Strong and consistent revenue growth, especially in recent years (e.g., $206,586 in 2019 to $1,260,707 in 2022).
- Significant asset accumulation, reaching $1,602,051 in 2022, indicating financial health and capacity.
- No reported officer compensation across all filings, suggesting high efficiency and dedication of funds to mission.
- Expenses consistently lower than revenue in recent periods, allowing for healthy net assets growth.
- Latest reported revenue of $2,069,279 and assets of $2,804,615 show continued positive trajectory.
Frequently Asked Questions about Black Oaks Center For Sustainable Renewable Living Nfp
Is Black Oaks Center For Sustainable Renewable Living Nfp a legitimate charity?
Black Oaks Center For Sustainable Renewable Living Nfp (EIN: 204280294) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Black Oaks Center For Sustainable Renewable Living Nfp spend its money?
Black Oaks Center For Sustainable Renewable Living Nfp directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Black Oaks Center For Sustainable Renewable Living Nfp tax-deductible?
Black Oaks Center For Sustainable Renewable Living Nfp is registered as a tax-exempt nonprofit (EIN: 204280294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Black Oaks Center For Sustainable Renewable Living Nfp's spending goes to programs?
Black Oaks Center For Sustainable Renewable Living Nfp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Black Oaks Center For Sustainable Renewable Living Nfp compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Black Oaks Center For Sustainable Renewable Living Nfp is above average for NTEE category C20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Black Oaks Center For Sustainable Renewable Living Nfp located?
Black Oaks Center For Sustainable Renewable Living Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 204280294. It is classified under NTEE code C20.
How many years of IRS 990 filings does Black Oaks Center For Sustainable Renewable Living Nfp have?
Black Oaks Center For Sustainable Renewable Living Nfp has 12 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 $2.1M in total revenue.
Is Black Oaks Center For Sustainable Renewable Living Nfp financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $206,586 in 2019 to $1,260,707 in 2022, and a significant increase in assets to $1,602,051 in 2022, while keeping expenses below revenue in recent years.
How has the organization's revenue changed over time?
Black Oaks Center has experienced substantial revenue growth, particularly in recent years, increasing from $206,586 in 2019 to $1,260,707 in 2022, and reaching a latest reported revenue of $2,069,279.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation across all 12 filings, indicating no salaries are paid to its officers.
Filing History
IRS 990 filing history for Black Oaks Center For Sustainable Renewable Living Nfp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Black Oaks Center For Sustainable Renewable Living Nfp's revenue has grown by 1398.7%, moving from $84K to $1.3M. Total assets increased by 7209.3% over the same period, from $22K to $1.6M. Total functional expenses rose by 985.5%, from $83K to $906K. In its most recent filing year (2022), Black Oaks Center For Sustainable Renewable Living Nfp reported a surplus of $354K, with revenue exceeding expenses. The organization holds $120K in liabilities against $1.6M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.3M | $906K | $1.6M | $120K | — | View 990 |
| 2021 | $1.3M | $617K | $1.3M | $134K | — | View 990 |
| 2020 | $472K | $434K | $595K | $555K | — | — |
| 2019 | $207K | $200K | $140K | $140K | — | View 990 |
| 2018 | $240K | $251K | $46K | $53K | — | View 990 |
| 2017 | $105K | $105K | $22K | $18K | — | View 990 |
| 2016 | $98K | $105K | $23K | $20K | — | View 990 |
| 2015 | $144K | $151K | $31K | $20K | — | View 990 |
| 2014 | $131K | $132K | $39K | $21K | — | View 990 |
| 2013 | $237K | $267K | $65K | $30K | — | View 990 |
| 2012 | $166K | $90K | $102K | $38K | — | View 990 |
| 2011 | $84K | $83K | $22K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.3M, expenses of $906K, and assets of $1.6M (revenue +0.7% year-over-year).
- 2021: Revenue of $1.3M, expenses of $617K, and assets of $1.3M (revenue +165.1% year-over-year).
- 2020: Revenue of $472K, expenses of $434K, and assets of $595K (revenue +128.6% year-over-year).
- 2019: Revenue of $207K, expenses of $200K, and assets of $140K (revenue -14.0% year-over-year).
- 2018: Revenue of $240K, expenses of $251K, and assets of $46K (revenue +128.0% year-over-year).
- 2017: Revenue of $105K, expenses of $105K, and assets of $22K (revenue +7.9% year-over-year).
- 2016: Revenue of $98K, expenses of $105K, and assets of $23K (revenue -31.9% year-over-year).
- 2015: Revenue of $144K, expenses of $151K, and assets of $31K (revenue +9.5% year-over-year).
- 2014: Revenue of $131K, expenses of $132K, and assets of $39K (revenue -44.7% year-over-year).
- 2013: Revenue of $237K, expenses of $267K, and assets of $65K (revenue +42.4% year-over-year).
- 2012: Revenue of $166K, expenses of $90K, and assets of $102K (revenue +97.6% year-over-year).
- 2011: Revenue of $84K, expenses of $83K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Black Oaks Center For Sustainable Renewable Living Nfp:
Data Sources and Methodology
This transparency report for Black Oaks Center For Sustainable Renewable Living Nfp 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.