Choctaw Hugo Properties Inc

Choctaw Hugo Properties Inc. consistently operates at a deficit, drawing down assets over the past decade.

EIN: 208035622 · Hugo, OK · NTEE: L222 · Updated: 2026-03-28

$94KRevenue

$1.0MAssets

60/100Mission Score (Good)

L222

About Choctaw Hugo Properties Inc

Choctaw Hugo Properties Inc (EIN: 208035622) is a nonprofit organization based in Hugo, OK, classified under NTEE code L222. The organization reported total revenue of $94K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choctaw Hugo Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Choctaw Hugo Properties Inc. consistently operates at a deficit, with expenses exceeding revenue in all reported periods. For example, in 2023, expenses were $119,085 against revenues of $92,838, indicating a reliance on existing assets or other non-operating income to cover costs. The organization's assets have shown a steady decline over the past decade, from $1,332,009 in 2014 to $1,032,918 in 2023, suggesting that these deficits are being covered by drawing down reserves. This trend raises concerns about long-term financial sustainability if the revenue-expense gap persists.

The organization reports 0% officer compensation across all filings, which is a positive indicator of efficient use of funds at the executive level. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency in terms of program versus administrative costs. The consistent operating deficits and declining asset base warrant closer scrutiny into the nature of their expenses and revenue generation strategies to ensure the organization can continue its mission effectively.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Choctaw Hugo Properties Inc with a Mission Score of 60 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 Hugo 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 or key employees are receiving salaries from the organization, which is highly efficient 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 Choctaw Hugo Properties Inc's IRS 990 filings:

Consistent operating deficits, with expenses exceeding revenue in all reported periods (e.g., $119,085 expenses vs. $92,838 revenue in 2023).
Steady decline in total assets over the past decade, from $1,332,009 in 2014 to $1,032,918 in 2023, indicating reliance on reserves to cover deficits.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.

Strengths

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

Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Relatively low liabilities compared to assets (e.g., $7,193 liabilities vs. $1,032,918 assets in 2023), suggesting good financial management of debt.

Frequently Asked Questions about Choctaw Hugo Properties Inc

What is the primary cause of the consistent operating deficits?

The filings consistently show expenses exceeding revenue, for example, $119,085 in expenses versus $92,838 in revenue in 2023. The specific reasons for this gap are not detailed in the provided data, but it suggests either insufficient revenue generation or high operational costs relative to income.

How does the organization plan to address the declining asset base?

The organization's assets have decreased from $1,332,009 in 2014 to $1,032,918 in 2023. The provided data does not include information on strategies to reverse this trend or to ensure long-term financial stability.

What are the main program activities funded by Choctaw Hugo Properties Inc.?

The NTEE code L222 suggests the organization is involved in 'Housing Development, Construction & Management' for 'Native American' populations. However, the financial data provided does not detail specific program expenditures.

Is the organization transparent about its detailed expense breakdown?

The provided data only includes total expenses. A detailed breakdown of program, administrative, and fundraising expenses is not available, which limits the ability to fully assess spending efficiency.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Choctaw Hugo Properties Inc's revenue has grown by 1.1%, moving from $92K to $93K. Total assets decreased by 26.3% over the same period, from $1.4M to $1.0M. Total functional expenses fell by 6.2%, from $127K to $119K. In its most recent filing year (2023), Choctaw Hugo Properties Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $7K in liabilities against $1.0M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$93K	$119K	$1.0M	$7K	—	—
2022	$93K	$123K	$1.1M	$9K	—	View 990
2021	$99K	$126K	$1.1M	$15K	—	View 990
2020	$93K	$131K	$1.1M	$13K	—	View 990
2019	$93K	$121K	$1.2M	$8K	—	View 990
2018	$100K	$133K	$1.2M	$6K	—	View 990
2017	$92K	$129K	$1.2M	$8K	—	View 990
2016	$92K	$117K	$1.3M	$7K	—	View 990
2015	$93K	$145K	$1.3M	$28K	—	View 990
2014	$93K	$113K	$1.3M	$11K	—	View 990
2013	$93K	$120K	$1.3M	$7K	—	View 990
2012	$92K	$121K	$1.4M	$5K	—	View 990
2011	$92K	$127K	$1.4M	$5K	—	—

Year-by-Year Financial Summary

2023: Revenue of $93K, expenses of $119K, and assets of $1.0M (revenue +0.0% year-over-year).
2022: Revenue of $93K, expenses of $123K, and assets of $1.1M (revenue -6.2% year-over-year).
2021: Revenue of $99K, expenses of $126K, and assets of $1.1M (revenue +6.6% year-over-year).
2020: Revenue of $93K, expenses of $131K, and assets of $1.1M (revenue +-0.0% year-over-year).
2019: Revenue of $93K, expenses of $121K, and assets of $1.2M (revenue -7.6% year-over-year).
2018: Revenue of $100K, expenses of $133K, and assets of $1.2M (revenue +8.9% year-over-year).
2017: Revenue of $92K, expenses of $129K, and assets of $1.2M (revenue -0.1% year-over-year).
2016: Revenue of $92K, expenses of $117K, and assets of $1.3M (revenue -0.7% year-over-year).
2015: Revenue of $93K, expenses of $145K, and assets of $1.3M (revenue +0.2% year-over-year).
2014: Revenue of $93K, expenses of $113K, and assets of $1.3M (revenue -0.1% year-over-year).
2013: Revenue of $93K, expenses of $120K, and assets of $1.3M (revenue +1.1% year-over-year).
2012: Revenue of $92K, expenses of $121K, and assets of $1.4M (revenue +0.2% year-over-year).
2011: Revenue of $92K, expenses of $127K, and assets of $1.4M.

Data Sources and Methodology

This transparency report for Choctaw Hugo 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.