Creative Oklahoma Inc
Creative Oklahoma Inc. shows highly volatile financial performance with recent significant deficits and minimal assets.
EIN: 204463290 · Oklahoma City, OK · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23K |
| Total Expenses | $32K |
| Program Spending | 70% |
| Net Assets | $77K |
| Transparency Score | 55/100 |
Is Creative Oklahoma Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Creative Oklahoma Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Creative Oklahoma Inc
Creative Oklahoma Inc (EIN: 204463290) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code B99. The organization reported total revenue of $23K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Oklahoma Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Oklahoma Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -33.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $32K |
| Surplus / Deficit | $-23,968 |
| Total Assets | $77K |
| Net Assets | $77K |
| Operating Margin | -292.3% |
| Months of Reserves | 28.7 months |
Financial Health Grade: B
In 2023, Creative Oklahoma Inc reported a deficit of $24K with expenses exceeding revenue, holds 28.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Creative Oklahoma Inc's revenue has declined at a compound annual growth rate (CAGR) of -33.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -93.5% | -27.3% | -23.7% |
| 2022 | +230.2% | -15.1% | +130.5% |
| 2021 | -61.4% | -62.2% | -50.0% |
| 2020 | -46.8% | -41.9% | +48.7% |
| 2019 | +56.3% | +56.2% | -17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Creative Oklahoma Inc with a Mission Score of 55 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Creative Oklahoma Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is a strong 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 Creative Oklahoma Inc's IRS 990 filings:
- Highly inconsistent revenue and expense patterns, making financial planning difficult.
- Significant operating deficits in multiple years (e.g., 2023: $8,200 revenue vs. $32,168 expenses).
- Latest reported assets ($11,762) are very low relative to historical figures and recent expenses, indicating limited financial reserves.
Strengths
The following positive indicators were identified for Creative Oklahoma Inc:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Generally low liabilities in many reporting periods, suggesting responsible debt management.
Frequently Asked Questions about Creative Oklahoma Inc
Is Creative Oklahoma Inc a legitimate charity?
Creative Oklahoma Inc (EIN: 204463290) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $23K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Creative Oklahoma Inc spend its money?
Creative Oklahoma Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Creative Oklahoma Inc tax-deductible?
Creative Oklahoma Inc is registered as a tax-exempt nonprofit (EIN: 204463290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Creative Oklahoma Inc's spending goes to programs?
Creative Oklahoma Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Creative Oklahoma Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Creative Oklahoma Inc is near average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Creative Oklahoma Inc located?
Creative Oklahoma Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 204463290. It is classified under NTEE code B99.
How many years of IRS 990 filings does Creative Oklahoma Inc have?
Creative Oklahoma Inc has 13 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 $23K in total revenue.
What caused the significant revenue decline from $127,001 in 2022 to $8,200 in 2023?
The provided data does not specify the reasons for this drastic drop, but it represents a critical financial challenge for the organization.
How does Creative Oklahoma Inc. sustain operations with such low and inconsistent revenue?
The organization appears to operate on a very lean budget, often incurring deficits, suggesting reliance on reserves or short-term funding cycles that are not consistently met.
What are the specific program activities and their associated costs?
The provided IRS 990 data lacks the detailed breakdown of program expenses, making it difficult to assess the impact and efficiency of their mission-related spending.
Filing History
IRS 990 filing history for Creative Oklahoma Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Creative Oklahoma Inc's revenue has declined by 99.2%, moving from $1.1M to $8K. Total assets decreased by 78.6% over the same period, from $360K to $77K. Total functional expenses fell by 98.4%, from $2.1M to $32K. In its most recent filing year (2023), Creative Oklahoma Inc reported a deficit of $24K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $32K | $77K | $0 | — | — |
| 2022 | $127K | $44K | $101K | $0 | — | View 990 |
| 2021 | $38K | $52K | $44K | $26K | — | — |
| 2020 | $100K | $138K | $88K | $56K | — | View 990 |
| 2019 | $188K | $237K | $59K | $5K | — | View 990 |
| 2018 | $120K | $152K | $71K | $501 | — | View 990 |
| 2017 | $218K | $270K | $103K | $184 | — | View 990 |
| 2016 | $214K | $269K | $156K | $1K | — | View 990 |
| 2015 | $578K | $477K | $212K | $2K | — | View 990 |
| 2014 | $539K | $549K | $120K | $10K | — | View 990 |
| 2013 | $524K | $478K | $121K | $405 | — | View 990 |
| 2012 | $427K | $693K | $200K | $125K | — | View 990 |
| 2011 | $1.1M | $2.1M | $360K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $32K, and assets of $77K (revenue -93.5% year-over-year).
- 2022: Revenue of $127K, expenses of $44K, and assets of $101K (revenue +230.2% year-over-year).
- 2021: Revenue of $38K, expenses of $52K, and assets of $44K (revenue -61.4% year-over-year).
- 2020: Revenue of $100K, expenses of $138K, and assets of $88K (revenue -46.8% year-over-year).
- 2019: Revenue of $188K, expenses of $237K, and assets of $59K (revenue +56.3% year-over-year).
- 2018: Revenue of $120K, expenses of $152K, and assets of $71K (revenue -45.0% year-over-year).
- 2017: Revenue of $218K, expenses of $270K, and assets of $103K (revenue +2.0% year-over-year).
- 2016: Revenue of $214K, expenses of $269K, and assets of $156K (revenue -63.0% year-over-year).
- 2015: Revenue of $578K, expenses of $477K, and assets of $212K (revenue +7.2% year-over-year).
- 2014: Revenue of $539K, expenses of $549K, and assets of $120K (revenue +2.9% year-over-year).
- 2013: Revenue of $524K, expenses of $478K, and assets of $121K (revenue +22.6% year-over-year).
- 2012: Revenue of $427K, expenses of $693K, and assets of $200K (revenue -60.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $2.1M, and assets of $360K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Oklahoma Inc:
Data Sources and Methodology
This transparency report for Creative Oklahoma 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.