Choctaw Idabel Properties Inc
Choctaw Idabel Properties Inc. maintains over $1 million in assets with consistent revenue and no reported officer compensation.
EIN: 201465306 · Hugo, OK · NTEE: L20 · Updated: 2026-03-28
About Choctaw Idabel Properties Inc
Choctaw Idabel Properties Inc (EIN: 201465306) is a nonprofit organization based in Hugo, OK, classified under NTEE code L20. The organization reported total revenue of $117K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choctaw Idabel Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Choctaw Idabel Properties Inc with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Choctaw Idabel Properties 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a highly efficient use of funds in terms of leadership costs, especially for an organization with over $1 million in assets.
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 Idabel Properties Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
- Consistent operating deficits in several years (e.g., 202309, 202209, 202009, 201809, 201709, 201609, 201509) could indicate reliance on asset drawdowns or prior surpluses.
Strengths
The following positive indicators were identified for Choctaw Idabel Properties Inc:
- Strong asset base, consistently over $1 million, providing financial stability.
- Consistent 0% officer compensation, indicating efficient use of funds for leadership.
- Regular IRS 990 filings demonstrate transparency.
- Low liabilities relative to assets, suggesting good financial management.
Frequently Asked Questions about Choctaw Idabel Properties Inc
What are the specific program activities Choctaw Idabel Properties Inc. undertakes?
The NTEE code L20 suggests 'Housing Development, Construction & Management' but without further detail in the provided data, the specific programs are unclear.
Why do expenses sometimes significantly exceed revenue, such as in 202209?
In 202209, expenses were $163,284 while revenue was $115,707. This deficit spending could be due to specific projects, asset depreciation, or other operational costs. The organization's substantial assets likely cover these shortfalls without immediate financial distress.
What is the primary source of the organization's revenue?
The provided data only shows total revenue. To understand the primary source, a deeper dive into the 990 forms would be required to identify contributions, program service revenue, or investment income.
Filing History
IRS 990 filing history for Choctaw Idabel Properties Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Choctaw Idabel Properties Inc's revenue has grown by 9.7%, moving from $110K to $120K. Total assets decreased by 22.5% over the same period, from $1.4M to $1.1M. Total functional expenses rose by 29.4%, from $102K to $132K. In its most recent filing year (2023), Choctaw Idabel Properties Inc reported a deficit of $11K, with expenses exceeding revenue. The organization holds $26K in liabilities against $1.1M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $132K | $1.1M | $26K | — | — |
| 2022 | $116K | $163K | $1.1M | $20K | — | — |
| 2021 | $135K | $122K | $1.1M | $13K | — | View 990 |
| 2020 | $111K | $158K | $1.1M | $36K | — | — |
| 2019 | $113K | $113K | $1.1M | $11K | — | View 990 |
| 2018 | $113K | $151K | $1.2M | $21K | — | View 990 |
| 2017 | $111K | $133K | $1.2M | $16K | — | View 990 |
| 2016 | $112K | $140K | $1.2M | $31K | — | View 990 |
| 2015 | $111K | $265K | $1.4M | $164K | — | View 990 |
| 2014 | $111K | $103K | $1.4M | $8K | — | View 990 |
| 2013 | $111K | $108K | $1.4M | $23K | — | View 990 |
| 2012 | $110K | $114K | $1.4M | $8K | — | View 990 |
| 2011 | $110K | $102K | $1.4M | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $132K, and assets of $1.1M (revenue +4.1% year-over-year).
- 2022: Revenue of $116K, expenses of $163K, and assets of $1.1M (revenue -14.1% year-over-year).
- 2021: Revenue of $135K, expenses of $122K, and assets of $1.1M (revenue +21.3% year-over-year).
- 2020: Revenue of $111K, expenses of $158K, and assets of $1.1M (revenue -1.3% year-over-year).
- 2019: Revenue of $113K, expenses of $113K, and assets of $1.1M (revenue +0.0% year-over-year).
- 2018: Revenue of $113K, expenses of $151K, and assets of $1.2M (revenue +1.2% year-over-year).
- 2017: Revenue of $111K, expenses of $133K, and assets of $1.2M (revenue -0.5% year-over-year).
- 2016: Revenue of $112K, expenses of $140K, and assets of $1.2M (revenue +0.7% year-over-year).
- 2015: Revenue of $111K, expenses of $265K, and assets of $1.4M (revenue +0.2% year-over-year).
- 2014: Revenue of $111K, expenses of $103K, and assets of $1.4M (revenue +0.2% year-over-year).
- 2013: Revenue of $111K, expenses of $108K, and assets of $1.4M (revenue +0.6% year-over-year).
- 2012: Revenue of $110K, expenses of $114K, and assets of $1.4M (revenue +0.2% year-over-year).
- 2011: Revenue of $110K, expenses of $102K, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Choctaw Idabel 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.