Choctaw Durant Properties Inc

Choctaw Durant Properties Inc. consistently operates at a deficit, drawing down assets despite zero officer compensation.

EIN: 201465354 · Hugo, OK · NTEE: L21 · Updated: 2026-03-28

$94KRevenue

$989KAssets

65/100Mission Score (Good)

L21

About Choctaw Durant Properties Inc

Choctaw Durant Properties Inc (EIN: 201465354) is a nonprofit organization based in Hugo, OK, classified under NTEE code L21. The organization reported total revenue of $94K and total assets of $989K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choctaw Durant Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Choctaw Durant Properties Inc. appears to be a financially stable organization, consistently maintaining over $1 million in assets, reaching $1,044,817 in 2023. However, the organization has consistently operated at a deficit, with expenses exceeding revenue in every reported period. For instance, in 2023, expenses were $160,059 against revenues of $152,313, and in 2022, expenses were $116,556 against revenues of $94,350. This trend suggests that the organization is drawing down its assets to cover operational costs, as evidenced by the gradual decrease in total assets from $1,303,987 in 2014 to $1,044,817 in 2023.

The organization demonstrates strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings, which is a positive indicator of resource allocation directly to its mission. While specific program spending percentages are not detailed in the provided data, the consistent operational deficits funded by asset drawdowns warrant closer examination to understand the long-term sustainability of its financial model. The low liabilities, such as $9,572 in 2023, indicate good debt management.

Overall, while the organization is transparent about compensation and manages liabilities well, its consistent operational deficits funded by asset depletion raise questions about its long-term financial strategy and sustainability. Further details on the nature of its expenses would be beneficial to fully assess spending efficiency and program impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Choctaw Durant Properties Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Choctaw Durant Properties Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly favorable for resource allocation relative to the organization's size and 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.

Red Flags

The following concerns were identified during AI analysis of Choctaw Durant Properties Inc's IRS 990 filings:

Consistent operational deficits (expenses exceeding revenue in all reported periods)
Declining asset base over the past decade, indicating reliance on reserves to cover costs

Strengths

The following positive indicators were identified for Choctaw Durant Properties Inc:

Zero officer compensation reported across all filings, indicating efficient use of funds for leadership
Low liabilities, suggesting good debt management (e.g., $9,572 in 2023)
Maintains over $1 million in assets, providing a substantial financial base

Frequently Asked Questions about Choctaw Durant Properties Inc

Is Choctaw Durant Properties Inc. a good charity?

The organization exhibits strong transparency regarding executive compensation (0%) and low liabilities. However, it consistently operates at a deficit, with expenses exceeding revenue in every reported period, which is a concern for long-term financial sustainability. A 'good' charity depends on how effectively it uses its assets to achieve its mission, which requires more detailed expense breakdown.

How does the organization cover its consistent operational deficits?

The consistent operational deficits, where expenses exceed revenue (e.g., $160,059 expenses vs. $152,313 revenue in 2023), appear to be covered by drawing down its assets, as evidenced by the decrease in total assets from $1,303,987 in 2014 to $1,044,817 in 2023.

What is the trend in the organization's assets?

The organization's assets have shown a consistent downward trend over the past decade, decreasing from $1,303,987 in 2014 to $1,044,817 in 2023, likely due to covering operational deficits.

Is the organization financially transparent?

Yes, the organization demonstrates transparency by consistently reporting 0% officer compensation across all filings, which is a clear disclosure of its executive remuneration practices.

Filing History

IRS 990 filing history for Choctaw Durant Properties Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Choctaw Durant Properties Inc's revenue has grown by 65.3%, moving from $92K to $152K. Total assets decreased by 24.2% over the same period, from $1.4M to $1.0M. Total functional expenses rose by 6.8%, from $150K to $160K. In its most recent filing year (2023), Choctaw Durant Properties Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $10K in liabilities against $1.0M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $1.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$152K	$160K	$1.0M	$10K	—	—
2022	$94K	$117K	$1.1M	$9K	—	View 990
2021	$109K	$153K	$1.1M	$10K	—	View 990
2020	$93K	$129K	$1.1M	$8K	—	—
2019	$92K	$116K	$1.2M	$5K	—	View 990
2018	$101K	$123K	$1.2M	$13K	—	View 990
2017	$93K	$135K	$1.2M	$7K	—	View 990
2016	$93K	$119K	$1.2M	$8K	—	View 990
2015	$90K	$124K	$1.3M	$20K	—	View 990
2014	$93K	$115K	$1.3M	$10K	—	View 990
2013	$92K	$116K	$1.3M	$19K	—	View 990
2012	$117K	$125K	$1.4M	$11K	—	View 990
2011	$92K	$150K	$1.4M	$32K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $152K, expenses of $160K, and assets of $1.0M (revenue +61.4% year-over-year).
2022: Revenue of $94K, expenses of $117K, and assets of $1.1M (revenue -13.2% year-over-year).
2021: Revenue of $109K, expenses of $153K, and assets of $1.1M (revenue +17.3% year-over-year).
2020: Revenue of $93K, expenses of $129K, and assets of $1.1M (revenue +0.7% year-over-year).
2019: Revenue of $92K, expenses of $116K, and assets of $1.2M (revenue -8.7% year-over-year).
2018: Revenue of $101K, expenses of $123K, and assets of $1.2M (revenue +8.2% year-over-year).
2017: Revenue of $93K, expenses of $135K, and assets of $1.2M (revenue +0.3% year-over-year).
2016: Revenue of $93K, expenses of $119K, and assets of $1.2M (revenue +3.7% year-over-year).
2015: Revenue of $90K, expenses of $124K, and assets of $1.3M (revenue -3.2% year-over-year).
2014: Revenue of $93K, expenses of $115K, and assets of $1.3M (revenue +0.3% year-over-year).
2013: Revenue of $92K, expenses of $116K, and assets of $1.3M (revenue -21.3% year-over-year).
2012: Revenue of $117K, expenses of $125K, and assets of $1.4M (revenue +27.3% year-over-year).
2011: Revenue of $92K, expenses of $150K, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Choctaw Durant Properties 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.