Cherokee Strip Regional Heritage Center Inc
Cherokee Strip Regional Heritage Center Inc shows strong asset growth and no reported officer compensation, despite a recent operating deficit.
EIN: 204391260 · Enid, OK · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $291K |
| Total Expenses | $258K |
| Program Spending | 80% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Cherokee Strip Regional Heritage Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cherokee Strip Regional Heritage Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cherokee Strip Regional Heritage Center Inc
Cherokee Strip Regional Heritage Center Inc (EIN: 204391260) is a nonprofit organization based in Enid, OK, classified under NTEE code A50. The organization reported total revenue of $291K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cherokee Strip Regional Heritage Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cherokee Strip Regional Heritage Center Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $151K |
| Total Expenses | $258K |
| Surplus / Deficit | $-106,960 |
| Total Assets | $1.2M |
| Total Liabilities | $23K |
| Net Assets | $1.2M |
| Operating Margin | -70.7% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 57.1 months |
Financial Health Grade: B
In 2023, Cherokee Strip Regional Heritage Center Inc reported a deficit of $107K with expenses exceeding revenue, holds 57.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cherokee Strip Regional Heritage Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.1% | -10.8% | -1.7% |
| 2022 | -1.4% | +53.8% | +41.3% |
| 2021 | +19.5% | -11.9% | +25.6% |
| 2020 | +9.5% | -2.7% | +8.3% |
| 2019 | +2.4% | +37.4% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Cherokee Strip Regional Heritage Center Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Cherokee Strip Regional Heritage Center Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer or compensated through non-officer roles, which is highly favorable for a nonprofit of this size.
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.
Red Flags
The following concerns were identified during AI analysis of Cherokee Strip Regional Heritage Center Inc's IRS 990 filings:
- Operating deficit in the latest filing (202306), with expenses exceeding revenue by over $100,000.
Strengths
The following positive indicators were identified for Cherokee Strip Regional Heritage Center Inc:
- Consistent reporting of 0% officer compensation across all filings.
- Significant growth in assets, nearly doubling from 2018 to 2023.
- Low and stable liabilities, indicating minimal debt burden.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Cherokee Strip Regional Heritage Center Inc
Is Cherokee Strip Regional Heritage Center Inc a legitimate charity?
Cherokee Strip Regional Heritage Center Inc (EIN: 204391260) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $291K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Cherokee Strip Regional Heritage Center Inc spend its money?
Cherokee Strip Regional Heritage Center Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cherokee Strip Regional Heritage Center Inc tax-deductible?
Cherokee Strip Regional Heritage Center Inc is registered as a tax-exempt nonprofit (EIN: 204391260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cherokee Strip Regional Heritage Center Inc's spending goes to programs?
Cherokee Strip Regional Heritage Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cherokee Strip Regional Heritage Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cherokee Strip Regional Heritage Center Inc is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cherokee Strip Regional Heritage Center Inc located?
Cherokee Strip Regional Heritage Center Inc is headquartered in Enid, Oklahoma and files with the IRS under EIN 204391260. It is classified under NTEE code A50.
How many years of IRS 990 filings does Cherokee Strip Regional Heritage Center Inc have?
Cherokee Strip Regional Heritage Center 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 $291K in total revenue.
Is Cherokee Strip Regional Heritage Center Inc financially stable?
Yes, despite a recent operating deficit in 2023 ($151,208 revenue vs. $258,168 expenses), the organization has a strong asset base of over $1.2 million and historically low liabilities, indicating overall financial stability.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, nearly doubling from $620,867 in 2018 to $1,228,016 in 2023, demonstrating effective asset management.
Does the organization pay its officers?
Based on the available IRS 990 filings, the organization consistently reports 0% officer compensation, suggesting that officers are not compensated or are compensated through other means not classified as officer compensation.
What is the trend in revenue and expenses?
Revenue and expenses have generally been stable, averaging around $250,000 annually. While there was a deficit in 2023, previous years often showed revenues exceeding expenses, contributing to asset growth.
Filing History
IRS 990 filing history for Cherokee Strip Regional Heritage Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cherokee Strip Regional Heritage Center Inc's revenue has declined by 73%, moving from $561K to $151K. Total assets decreased by 13.1% over the same period, from $1.4M to $1.2M. Total functional expenses fell by 20.9%, from $326K to $258K. In its most recent filing year (2023), Cherokee Strip Regional Heritage Center Inc reported a deficit of $107K, with expenses exceeding revenue. The organization holds $23K in liabilities against $1.2M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $151K | $258K | $1.2M | $23K | — | — |
| 2022 | $309K | $289K | $1.2M | $26K | — | View 990 |
| 2021 | $313K | $188K | $884K | $25K | — | View 990 |
| 2020 | $262K | $213K | $704K | $24K | — | — |
| 2019 | $239K | $219K | $650K | $19K | — | View 990 |
| 2018 | $234K | $160K | $621K | $15K | — | View 990 |
| 2017 | $156K | $232K | $547K | $15K | — | View 990 |
| 2016 | $236K | $190K | $611K | $10K | — | View 990 |
| 2015 | $188K | $211K | $627K | $62K | — | View 990 |
| 2014 | $238K | $183K | $709K | $21K | — | View 990 |
| 2013 | $163K | $204K | $1.2M | $10K | — | View 990 |
| 2012 | $251K | $208K | $1.2M | $10K | — | View 990 |
| 2011 | $561K | $326K | $1.4M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $151K, expenses of $258K, and assets of $1.2M (revenue -51.1% year-over-year).
- 2022: Revenue of $309K, expenses of $289K, and assets of $1.2M (revenue -1.4% year-over-year).
- 2021: Revenue of $313K, expenses of $188K, and assets of $884K (revenue +19.5% year-over-year).
- 2020: Revenue of $262K, expenses of $213K, and assets of $704K (revenue +9.5% year-over-year).
- 2019: Revenue of $239K, expenses of $219K, and assets of $650K (revenue +2.4% year-over-year).
- 2018: Revenue of $234K, expenses of $160K, and assets of $621K (revenue +50.3% year-over-year).
- 2017: Revenue of $156K, expenses of $232K, and assets of $547K (revenue -34.0% year-over-year).
- 2016: Revenue of $236K, expenses of $190K, and assets of $611K (revenue +25.1% year-over-year).
- 2015: Revenue of $188K, expenses of $211K, and assets of $627K (revenue -21.0% year-over-year).
- 2014: Revenue of $238K, expenses of $183K, and assets of $709K (revenue +46.4% year-over-year).
- 2013: Revenue of $163K, expenses of $204K, and assets of $1.2M (revenue -35.1% year-over-year).
- 2012: Revenue of $251K, expenses of $208K, and assets of $1.2M (revenue -55.3% year-over-year).
- 2011: Revenue of $561K, expenses of $326K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cherokee Strip Regional Heritage Center Inc:
Data Sources and Methodology
This transparency report for Cherokee Strip Regional Heritage Center 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.