Cookson Hills Hulbert Properties Inc
Cookson Hills Hulbert Properties Inc. consistently operates at a deficit with declining assets and high liabilities.
EIN: 200700573 · Tulsa, OK · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $111K |
| Total Expenses | $115K |
| Program Spending | 75% |
| Net Assets | $-376,593 |
| Transparency Score | 45/100 |
Is Cookson Hills Hulbert Properties Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cookson Hills Hulbert Properties Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cookson Hills Hulbert Properties Inc
Cookson Hills Hulbert Properties Inc (EIN: 200700573) is a nonprofit organization based in Tulsa, OK, classified under NTEE code L22. The organization reported total revenue of $111K and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cookson Hills Hulbert Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cookson Hills Hulbert Properties Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $115K |
| Surplus / Deficit | $-12,538 |
| Total Assets | $571K |
| Total Liabilities | $948K |
| Net Assets | $-376,593 |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 165.9% |
| Months of Reserves | 59.5 months |
Financial Health Grade: C
In 2023, Cookson Hills Hulbert Properties Inc reported a deficit of $13K with expenses exceeding revenue, holds 59.5 months of operating reserves (strong position), has a debt-to-asset ratio of 165.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Cookson Hills Hulbert Properties Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | -10.9% | -1.6% |
| 2022 | +7.2% | +16.6% | -4.4% |
| 2021 | +10.4% | +0.8% | -2.3% |
| 2020 | +3.3% | +8.4% | -2.9% |
| 2019 | +11.7% | +7.7% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Cookson Hills Hulbert Properties Inc with a Mission Score of 45 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Cookson Hills Hulbert Properties Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 165.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive compensation directly from this entity, which is a positive for minimizing overhead.
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 Cookson Hills Hulbert Properties Inc's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue in all reported periods (e.g., $115,169 expenses vs. $102,631 revenue in 2023).
- Declining asset base over time, from $740,735 in 2014 to $571,044 in 2023.
- Liabilities consistently significantly exceed assets (e.g., $947,637 liabilities vs. $571,044 assets in 2023), indicating a potentially precarious financial position.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to assess spending efficiency and program focus.
Strengths
The following positive indicators were identified for Cookson Hills Hulbert Properties Inc:
- Reports 0% officer compensation across all filings, indicating no direct executive pay from this entity.
- Consistent filing history with the IRS, demonstrating transparency in reporting.
Frequently Asked Questions about Cookson Hills Hulbert Properties Inc
Is Cookson Hills Hulbert Properties Inc a legitimate charity?
Cookson Hills Hulbert Properties Inc (EIN: 200700573) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 45/100. It has 14 years of IRS 990 filings on record. Total revenue: $111K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Cookson Hills Hulbert Properties Inc spend its money?
Cookson Hills Hulbert Properties Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Cookson Hills Hulbert Properties Inc tax-deductible?
Cookson Hills Hulbert Properties Inc is registered as a tax-exempt nonprofit (EIN: 200700573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cookson Hills Hulbert Properties Inc's spending goes to programs?
Cookson Hills Hulbert Properties Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cookson Hills Hulbert Properties Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Cookson Hills Hulbert Properties Inc is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cookson Hills Hulbert Properties Inc located?
Cookson Hills Hulbert Properties Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 200700573. It is classified under NTEE code L22.
How many years of IRS 990 filings does Cookson Hills Hulbert Properties Inc have?
Cookson Hills Hulbert Properties Inc has 14 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 $111K in total revenue.
What is the primary purpose of Cookson Hills Hulbert Properties Inc. given its NTEE code L22 and consistent deficits?
The NTEE code L22 suggests it is a supporting organization for a larger entity, likely managing properties or assets for another non-profit. Its consistent deficits and high liabilities might indicate it's structured to support another organization's operations rather than being a standalone program-delivery charity.
How does the organization cover its consistent operating deficits?
The organization consistently spends more than it earns, with expenses exceeding revenue in every reported year (e.g., $115,169 expenses vs. $102,631 revenue in 2023). This suggests it either draws down on its assets, receives transfers from a parent organization, or has other funding sources not fully reflected as 'revenue' in these summaries.
Why are liabilities consistently much higher than assets?
Liabilities have consistently been around $937,000-$947,000, while assets have declined from $740,735 in 2014 to $571,044 in 2023. This significant imbalance (e.g., $947,637 liabilities vs. $571,044 assets in 2023) indicates a concerning financial structure, possibly due to long-term debt or obligations related to its property management role.
What is the long-term financial sustainability outlook for this organization?
Given the consistent operating deficits, declining asset base, and high liabilities, the long-term financial sustainability appears challenging without significant changes in funding or operational structure. The organization's ability to continue operating with such a financial structure warrants further investigation.
Filing History
IRS 990 filing history for Cookson Hills Hulbert Properties Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Cookson Hills Hulbert Properties Inc's revenue has grown by 23.1%, moving from $83K to $103K. Total assets decreased by 31.5% over the same period, from $833K to $571K. Total functional expenses rose by 54.3%, from $75K to $115K. In its most recent filing year (2023), Cookson Hills Hulbert Properties Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $948K in liabilities against $571K in assets (debt-to-asset ratio: 165.9%), resulting in net assets of $-376,593.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $115K | $571K | $948K | — | — |
| 2022 | $102K | $129K | $580K | $944K | — | — |
| 2021 | $95K | $111K | $607K | $944K | — | View 990 |
| 2020 | $86K | $110K | $621K | $943K | — | — |
| 2019 | $84K | $101K | $640K | $938K | — | View 990 |
| 2018 | $75K | $94K | $657K | $938K | — | View 990 |
| 2017 | $73K | $91K | $677K | $938K | — | — |
| 2016 | $65K | $87K | $696K | $939K | — | View 990 |
| 2015 | $70K | $95K | $716K | $937K | — | View 990 |
| 2014 | $65K | $89K | $741K | $938K | — | View 990 |
| 2013 | $67K | $86K | $765K | $938K | — | View 990 |
| 2012 | $66K | $88K | $783K | $937K | — | View 990 |
| 2011 | $57K | $86K | $806K | $937K | — | View 990 |
| 2010 | $83K | $75K | $833K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $115K, and assets of $571K (revenue +0.3% year-over-year).
- 2022: Revenue of $102K, expenses of $129K, and assets of $580K (revenue +7.2% year-over-year).
- 2021: Revenue of $95K, expenses of $111K, and assets of $607K (revenue +10.4% year-over-year).
- 2020: Revenue of $86K, expenses of $110K, and assets of $621K (revenue +3.3% year-over-year).
- 2019: Revenue of $84K, expenses of $101K, and assets of $640K (revenue +11.7% year-over-year).
- 2018: Revenue of $75K, expenses of $94K, and assets of $657K (revenue +2.8% year-over-year).
- 2017: Revenue of $73K, expenses of $91K, and assets of $677K (revenue +11.6% year-over-year).
- 2016: Revenue of $65K, expenses of $87K, and assets of $696K (revenue -6.8% year-over-year).
- 2015: Revenue of $70K, expenses of $95K, and assets of $716K (revenue +8.2% year-over-year).
- 2014: Revenue of $65K, expenses of $89K, and assets of $741K (revenue -3.4% year-over-year).
- 2013: Revenue of $67K, expenses of $86K, and assets of $765K (revenue +2.3% year-over-year).
- 2012: Revenue of $66K, expenses of $88K, and assets of $783K (revenue +15.8% year-over-year).
- 2011: Revenue of $57K, expenses of $86K, and assets of $806K (revenue -32.1% year-over-year).
- 2010: Revenue of $83K, expenses of $75K, and assets of $833K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cookson Hills Hulbert Properties Inc:
Data Sources and Methodology
This transparency report for Cookson Hills Hulbert 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.