Classically Formed Foundation
EIN: 881453619 · Tulsa, OK · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $130K |
| Net Assets | $749K |
Is Classically Formed Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Classically Formed Foundation
Classically Formed Foundation (EIN: 881453619) is a nonprofit organization based in Tulsa, OK, classified under NTEE code B11. The organization reported total revenue of $1.8M and total assets of $21.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Classically Formed Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Classically Formed Foundation is a mid-size nonprofit that has been operating for 4 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $879K |
| Total Expenses | $130K |
| Surplus / Deficit | +$749K |
| Total Assets | $20.3M |
| Total Liabilities | $19.5M |
| Net Assets | $749K |
| Operating Margin | 85.2% |
| Debt-to-Asset Ratio | 96.3% |
| Months of Reserves | 1869.0 months |
Financial Health Grade: A
In 2023, Classically Formed Foundation reported a surplus of $749K with revenue exceeding expenses, holds 1869.0 months of operating reserves (strong position), has a debt-to-asset ratio of 96.3% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Classically Formed Foundation 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 Classically Formed Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $749K, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.3%.
Frequently Asked Questions about Classically Formed Foundation
Is Classically Formed Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Classically Formed Foundation (EIN: 881453619) insufficient data. 0 red flags identified, 0 strengths noted.
How does Classically Formed Foundation spend its money?
Detailed spending breakdown data is not yet available for Classically Formed Foundation. Check back for updated IRS 990 analysis.
Are donations to Classically Formed Foundation tax-deductible?
Classically Formed Foundation is registered as a tax-exempt nonprofit (EIN: 881453619). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Classically Formed Foundation located?
Classically Formed Foundation is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 881453619. It is classified under NTEE code B11.
Filing History
IRS 990 filing history for Classically Formed Foundation showing financial trends over 1 year of public records:
In its most recent filing year (2023), Classically Formed Foundation reported a surplus of $749K, with revenue exceeding expenses. The organization holds $19.5M in liabilities against $20.3M in assets (debt-to-asset ratio: 96.3%), resulting in net assets of $749K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $879K | $130K | $20.3M | $19.5M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Classically Formed Foundation:
Data Sources and Methodology
This transparency report for Classically Formed Foundation 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.