Downtown Oklahoma City Initiatives Inc
Downtown Oklahoma City Initiatives Inc shows consistent asset growth and zero officer compensation, despite fluctuating revenues.
EIN: 203674008 · Oklahoma City, OK · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $39K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $700,000. |
| Net Assets | $625K |
| Transparency Score | 90/100 |
Is Downtown Oklahoma City Initiatives Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Downtown Oklahoma City Initiatives Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Downtown Oklahoma City Initiatives Inc
Downtown Oklahoma City Initiatives Inc (EIN: 203674008) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code S20. The organization reported total revenue of $263K and total assets of $712K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Downtown Oklahoma City Initiatives Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Downtown Oklahoma City Initiatives Inc is a small 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 -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $39K |
| Surplus / Deficit | +$71K |
| Total Assets | $626K |
| Total Liabilities | $816 |
| Net Assets | $625K |
| Operating Margin | 64.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 192.6 months |
Financial Health Grade: A
In 2023, Downtown Oklahoma City Initiatives Inc reported a surplus of $71K with revenue exceeding expenses, holds 192.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Downtown Oklahoma City Initiatives Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.3% | +10.4% | +10.5% |
| 2022 | +1.7% | -41.3% | +5.2% |
| 2021 | -15.9% | -30.7% | +2.7% |
| 2020 | -69.3% | -59.8% | -1.5% |
| 2019 | -57.5% | -48.0% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Downtown Oklahoma City Initiatives Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Downtown Oklahoma City Initiatives Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly commendable for an organization of its size with assets over $700,000.
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 Downtown Oklahoma City Initiatives Inc's IRS 990 filings:
- Highly fluctuating revenue streams, which could impact long-term planning if not diversified.
Strengths
The following positive indicators were identified for Downtown Oklahoma City Initiatives Inc:
- Consistent asset growth over the past decade, indicating strong financial management.
- Zero officer compensation reported across all filings, demonstrating a commitment to mission-focused spending.
- Expenses consistently lower than revenue in most recent periods, leading to financial surpluses.
- Low liabilities, indicating minimal debt and strong financial health.
- Consistent IRS 990 filing history, showing good transparency and compliance.
Frequently Asked Questions about Downtown Oklahoma City Initiatives Inc
Is Downtown Oklahoma City Initiatives Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Downtown Oklahoma City Initiatives Inc (EIN: 203674008) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Downtown Oklahoma City Initiatives Inc spend its money?
Downtown Oklahoma City Initiatives Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Downtown Oklahoma City Initiatives Inc tax-deductible?
Downtown Oklahoma City Initiatives Inc is registered as a tax-exempt nonprofit (EIN: 203674008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Downtown Oklahoma City Initiatives Inc CEO make?
Downtown Oklahoma City Initiatives Inc's highest-compensated officer earns $700,000. annually. The organization reported $263K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Downtown Oklahoma City Initiatives Inc's spending goes to programs?
Downtown Oklahoma City Initiatives Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Downtown Oklahoma City Initiatives Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Downtown Oklahoma City Initiatives Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Downtown Oklahoma City Initiatives Inc located?
Downtown Oklahoma City Initiatives Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 203674008. It is classified under NTEE code S20.
How many years of IRS 990 filings does Downtown Oklahoma City Initiatives Inc have?
Downtown Oklahoma City Initiatives 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 $263K in total revenue.
Is Downtown Oklahoma City Initiatives Inc financially stable?
Yes, the organization appears financially stable, evidenced by consistent asset growth from $241,510 in 2014 to $711,521 currently, and liabilities remaining very low across most periods.
How does the organization manage its expenses relative to its income?
In most recent years, the organization has managed its expenses well below its revenue. For example, in 2023, expenses were $38,994 against revenues of $110,395, indicating a surplus and efficient spending.
What is the trend in the organization's revenue?
The organization's revenue has been highly variable, ranging from a peak of $580,810 in 2018 to a low of $63,732 in 2021, suggesting a reliance on grants or donations that can fluctuate year-to-year.
Filing History
IRS 990 filing history for Downtown Oklahoma City Initiatives Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Downtown Oklahoma City Initiatives Inc's revenue has declined by 16.8%, moving from $133K to $110K. Total assets increased by 302.4% over the same period, from $156K to $626K. Total functional expenses fell by 39.8%, from $65K to $39K. In its most recent filing year (2023), Downtown Oklahoma City Initiatives Inc reported a surplus of $71K, with revenue exceeding expenses. The organization holds $816 in liabilities against $626K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $625K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $39K | $626K | $816 | — | — |
| 2022 | $65K | $35K | $567K | $13K | — | View 990 |
| 2021 | $64K | $60K | $539K | $14K | — | View 990 |
| 2020 | $76K | $87K | $524K | $4K | — | View 990 |
| 2019 | $247K | $216K | $532K | $586 | — | View 990 |
| 2018 | $581K | $415K | $501K | $0 | — | View 990 |
| 2017 | $297K | $202K | $375K | $4K | — | View 990 |
| 2016 | $205K | $196K | $278K | $2K | — | View 990 |
| 2015 | $229K | $201K | $270K | $3K | — | View 990 |
| 2014 | $330K | $260K | $242K | $2K | — | View 990 |
| 2013 | $223K | $206K | $180K | $11K | — | View 990 |
| 2012 | $215K | $219K | $158K | $5K | — | View 990 |
| 2011 | $133K | $65K | $156K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $39K, and assets of $626K (revenue +70.3% year-over-year).
- 2022: Revenue of $65K, expenses of $35K, and assets of $567K (revenue +1.7% year-over-year).
- 2021: Revenue of $64K, expenses of $60K, and assets of $539K (revenue -15.9% year-over-year).
- 2020: Revenue of $76K, expenses of $87K, and assets of $524K (revenue -69.3% year-over-year).
- 2019: Revenue of $247K, expenses of $216K, and assets of $532K (revenue -57.5% year-over-year).
- 2018: Revenue of $581K, expenses of $415K, and assets of $501K (revenue +95.4% year-over-year).
- 2017: Revenue of $297K, expenses of $202K, and assets of $375K (revenue +45.1% year-over-year).
- 2016: Revenue of $205K, expenses of $196K, and assets of $278K (revenue -10.4% year-over-year).
- 2015: Revenue of $229K, expenses of $201K, and assets of $270K (revenue -30.6% year-over-year).
- 2014: Revenue of $330K, expenses of $260K, and assets of $242K (revenue +47.9% year-over-year).
- 2013: Revenue of $223K, expenses of $206K, and assets of $180K (revenue +3.5% year-over-year).
- 2012: Revenue of $215K, expenses of $219K, and assets of $158K (revenue +62.3% year-over-year).
- 2011: Revenue of $133K, expenses of $65K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Downtown Oklahoma City Initiatives Inc:
Data Sources and Methodology
This transparency report for Downtown Oklahoma City Initiatives 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.