Central Oklahoma Quilters Guild Inc
EIN: 731269387 · Oklahoma City, OK · NTEE: A200
| Metric | Value |
|---|---|
| Total Revenue | $29K |
| Total Expenses | $40K |
| Net Assets | $93K |
Is Central Oklahoma Quilters Guild Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Oklahoma Quilters Guild Inc
Central Oklahoma Quilters Guild Inc (EIN: 731269387) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code A200. The organization reported total revenue of $29K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Oklahoma Quilters Guild Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Oklahoma Quilters Guild Inc is a micro nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $40K |
| Surplus / Deficit | $-7,978 |
| Total Assets | $93K |
| Net Assets | $93K |
| Operating Margin | -24.9% |
| Months of Reserves | 27.9 months |
Financial Health Grade: B
In 2024, Central Oklahoma Quilters Guild Inc reported a deficit of $8K with expenses exceeding revenue, holds 27.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Central Oklahoma Quilters Guild Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +46.2% | +56.7% | -7.9% |
| 2023 | +197.4% | +45.8% | -3.5% |
| 2022 | -5.2% | +51.3% | -8.8% |
| 2021 | -73.4% | -64.8% | -3.2% |
| 2020 | -10.6% | +58.1% | -3.0% |
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 Central Oklahoma Quilters Guild Inc 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 Central Oklahoma Quilters Guild Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Central Oklahoma Quilters Guild Inc
Is Central Oklahoma Quilters Guild Inc a legitimate charity?
Central Oklahoma Quilters Guild Inc (EIN: 731269387) is a registered tax-exempt nonprofit based in Oklahoma. It has 13 years of IRS 990 filings on record. Total revenue: $29K. No red flags identified. Financial health grade: B.
How does Central Oklahoma Quilters Guild Inc spend its money?
Central Oklahoma Quilters Guild Inc reported $29K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central Oklahoma Quilters Guild Inc tax-deductible?
Central Oklahoma Quilters Guild Inc is registered as a tax-exempt nonprofit (EIN: 731269387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Oklahoma Quilters Guild Inc located?
Central Oklahoma Quilters Guild Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 731269387. It is classified under NTEE code A200.
How many years of IRS 990 filings does Central Oklahoma Quilters Guild Inc have?
Central Oklahoma Quilters Guild Inc 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 $29K in total revenue.
Filing History
IRS 990 filing history for Central Oklahoma Quilters Guild Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Central Oklahoma Quilters Guild Inc's revenue has declined by 26.2%, moving from $43K to $32K. Total assets increased by 9% over the same period, from $85K to $93K. Total functional expenses fell by 28.7%, from $56K to $40K. In its most recent filing year (2024), Central Oklahoma Quilters Guild Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $32K | $40K | $93K | $0 | — | — |
| 2023 | $22K | $26K | $101K | $0 | — | View 990 |
| 2022 | $7K | $18K | $105K | $0 | — | — |
| 2021 | $8K | $12K | $115K | $0 | — | View 990 |
| 2020 | $29K | $33K | $119K | $0 | — | View 990 |
| 2019 | $33K | $21K | $122K | $0 | — | View 990 |
| 2018 | $31K | $34K | $110K | $0 | — | — |
| 2017 | $29K | $24K | $113K | $0 | — | View 990 |
| 2016 | $43K | $50K | $108K | $0 | — | View 990 |
| 2015 | $29K | $19K | $115K | $0 | — | View 990 |
| 2014 | $52K | $41K | $105K | $0 | — | View 990 |
| 2013 | $39K | $30K | $94K | $0 | — | View 990 |
| 2012 | $43K | $56K | $85K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $32K, expenses of $40K, and assets of $93K (revenue +46.2% year-over-year).
- 2023: Revenue of $22K, expenses of $26K, and assets of $101K (revenue +197.4% year-over-year).
- 2022: Revenue of $7K, expenses of $18K, and assets of $105K (revenue -5.2% year-over-year).
- 2021: Revenue of $8K, expenses of $12K, and assets of $115K (revenue -73.4% year-over-year).
- 2020: Revenue of $29K, expenses of $33K, and assets of $119K (revenue -10.6% year-over-year).
- 2019: Revenue of $33K, expenses of $21K, and assets of $122K (revenue +4.9% year-over-year).
- 2018: Revenue of $31K, expenses of $34K, and assets of $110K (revenue +6.0% year-over-year).
- 2017: Revenue of $29K, expenses of $24K, and assets of $113K (revenue -32.5% year-over-year).
- 2016: Revenue of $43K, expenses of $50K, and assets of $108K (revenue +52.1% year-over-year).
- 2015: Revenue of $29K, expenses of $19K, and assets of $115K (revenue -45.5% year-over-year).
- 2014: Revenue of $52K, expenses of $41K, and assets of $105K (revenue +35.4% year-over-year).
- 2013: Revenue of $39K, expenses of $30K, and assets of $94K (revenue -10.8% year-over-year).
- 2012: Revenue of $43K, expenses of $56K, and assets of $85K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Oklahoma Quilters Guild Inc:
Data Sources and Methodology
This transparency report for Central Oklahoma Quilters Guild Inc 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.