Community Foundation Of Ardmore Inc
Ardmore Community Foundation maintains strong asset growth and zero executive compensation over a decade.
EIN: 200514419 · Ardmore, OK · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $782K |
| Program Spending | 90% |
| Net Assets | $13.8M |
| Transparency Score | 95/100 |
Is Community Foundation Of Ardmore Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Foundation Of Ardmore Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Foundation Of Ardmore Inc
Community Foundation Of Ardmore Inc (EIN: 200514419) is a nonprofit organization based in Ardmore, OK, classified under NTEE code T20. The organization reported total revenue of $3.4M and total assets of $15.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Foundation Of Ardmore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Foundation Of Ardmore Inc is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $563K |
| Total Expenses | $782K |
| Surplus / Deficit | $-218,888 |
| Total Assets | $13.8M |
| Total Liabilities | $1 |
| Net Assets | $13.8M |
| Operating Margin | -38.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 212.5 months |
Financial Health Grade: B
In 2024, Community Foundation Of Ardmore Inc reported a deficit of $219K with expenses exceeding revenue, holds 212.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Community Foundation Of Ardmore Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +59.7% | -15.5% | -1.6% |
| 2023 | -77.9% | +11.2% | -3.9% |
| 2022 | -5.4% | +19.9% | +5.5% |
| 2021 | +71.0% | +0.6% | +7.7% |
| 2020 | +48.9% | +9.1% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Community Foundation Of Ardmore Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community Foundation Of Ardmore Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $219K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten available filings, indicating that no executive salaries are paid, which is highly unusual and suggests a volunteer-led or extremely lean operational model, maximizing funds for charitable purposes.
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.
Strengths
The following positive indicators were identified for Community Foundation Of Ardmore Inc:
- Consistent asset growth from $10.5M to nearly $15M over a decade.
- Zero officer compensation reported across all ten filings, indicating high efficiency.
- Extremely low liabilities ($0 or $1) across all filings, demonstrating strong financial health.
- Strong program focus due to minimal administrative overhead and no executive salaries.
- Long history of consistent IRS 990 filings, indicating transparency and compliance.
Frequently Asked Questions about Community Foundation Of Ardmore Inc
Is Community Foundation Of Ardmore Inc a legitimate charity?
Community Foundation Of Ardmore Inc (EIN: 200514419) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.4M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Community Foundation Of Ardmore Inc spend its money?
Community Foundation Of Ardmore Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Community Foundation Of Ardmore Inc tax-deductible?
Community Foundation Of Ardmore Inc is registered as a tax-exempt nonprofit (EIN: 200514419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Community Foundation Of Ardmore Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Community Foundation Of Ardmore Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Foundation Of Ardmore Inc located?
Community Foundation Of Ardmore Inc is headquartered in Ardmore, Oklahoma and files with the IRS under EIN 200514419. It is classified under NTEE code T20.
How many years of IRS 990 filings does Community Foundation Of Ardmore Inc have?
Community Foundation Of Ardmore Inc has 10 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 $3.4M in total revenue.
How does the Community Foundation Of Ardmore Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization may be primarily volunteer-run at the executive level, or that executive functions are absorbed by other roles not classified as 'officer compensation' in a way that doesn't appear on the 990, or that it relies heavily on pro-bono services. This is a significant indicator of efficiency.
What is the trend in the organization's assets over the past decade?
The organization's assets have shown consistent growth, increasing from $10,540,601 in 2012 to $14,994,898 currently, representing an increase of over 42%.
How stable is the organization's financial position?
The organization demonstrates excellent financial stability, with assets consistently growing and liabilities reported as $0 or $1 across all filings, indicating virtually no debt burden.
Filing History
IRS 990 filing history for Community Foundation Of Ardmore Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Community Foundation Of Ardmore Inc's revenue has grown by 153.1%, moving from $222K to $563K. Total assets increased by 31.3% over the same period, from $10.5M to $13.8M. Total functional expenses rose by 47%, from $532K to $782K. In its most recent filing year (2024), Community Foundation Of Ardmore Inc reported a deficit of $219K, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $563K | $782K | $13.8M | $1 | — | View 990 |
| 2023 | $353K | $926K | $14.1M | $1 | — | View 990 |
| 2022 | $1.6M | $833K | $14.6M | $1 | — | View 990 |
| 2021 | $1.7M | $695K | $13.9M | $1 | — | — |
| 2020 | $988K | $691K | $12.9M | $0 | — | View 990 |
| 2016 | $663K | $633K | $11.9M | $0 | — | View 990 |
| 2015 | $1.7M | $700K | $11.8M | $0 | — | View 990 |
| 2014 | $1.2M | $642K | $10.8M | $0 | — | View 990 |
| 2013 | $203K | $435K | $10.3M | $0 | — | View 990 |
| 2012 | $222K | $532K | $10.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $563K, expenses of $782K, and assets of $13.8M (revenue +59.7% year-over-year).
- 2023: Revenue of $353K, expenses of $926K, and assets of $14.1M (revenue -77.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $833K, and assets of $14.6M (revenue -5.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $695K, and assets of $13.9M (revenue +71.0% year-over-year).
- 2020: Revenue of $988K, expenses of $691K, and assets of $12.9M (revenue +48.9% year-over-year).
- 2016: Revenue of $663K, expenses of $633K, and assets of $11.9M (revenue -60.9% year-over-year).
- 2015: Revenue of $1.7M, expenses of $700K, and assets of $11.8M (revenue +44.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $642K, and assets of $10.8M (revenue +476.5% year-over-year).
- 2013: Revenue of $203K, expenses of $435K, and assets of $10.3M (revenue -8.7% year-over-year).
- 2012: Revenue of $222K, expenses of $532K, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Foundation Of Ardmore Inc:
Data Sources and Methodology
This transparency report for Community Foundation Of Ardmore 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.