E W Oglebay Memorial Fund
EIN: 556023714 · Wheeling, WV · NTEE: A110
| Metric | Value |
|---|---|
| Total Revenue | $211K |
| Total Expenses | $76K |
| Net Assets | $989K |
Is E W Oglebay Memorial Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About E W Oglebay Memorial Fund
E W Oglebay Memorial Fund (EIN: 556023714) is a nonprofit organization based in Wheeling, WV, classified under NTEE code A110. The organization reported total revenue of $211K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of E W Oglebay Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
E W Oglebay Memorial Fund is a small nonprofit that has been operating for 79 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $76K |
| Surplus / Deficit | $-42,213 |
| Total Assets | $989K |
| Net Assets | $989K |
| Operating Margin | -125.4% |
| Months of Reserves | 156.4 months |
Financial Health Grade: B
In 2023, E W Oglebay Memorial Fund reported a deficit of $42K with expenses exceeding revenue, holds 156.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), E W Oglebay Memorial Fund's revenue has grown at a compound annual growth rate (CAGR) of 17.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2045.3% | +4.8% | -4.1% |
| 2022 | -99.0% | -48.1% | -6.4% |
| 2021 | +588.3% | +43.4% | +1.3% |
| 2020 | -83.2% | +41.8% | -6.4% |
| 2019 | +27.4% | +0.7% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for E W Oglebay Memorial Fund 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 E W Oglebay Memorial Fund 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 deficit of $42K, with expenses exceeding revenue.
Frequently Asked Questions about E W Oglebay Memorial Fund
Is E W Oglebay Memorial Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, E W Oglebay Memorial Fund (EIN: 556023714) insufficient data. 0 red flags identified, 0 strengths noted.
How does E W Oglebay Memorial Fund spend its money?
Detailed spending breakdown data is not yet available for E W Oglebay Memorial Fund. Check back for updated IRS 990 analysis.
Are donations to E W Oglebay Memorial Fund tax-deductible?
E W Oglebay Memorial Fund is registered as a tax-exempt nonprofit (EIN: 556023714). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is E W Oglebay Memorial Fund located?
E W Oglebay Memorial Fund is headquartered in Wheeling, West Virginia and files with the IRS under EIN 556023714. It is classified under NTEE code A110.
How many years of IRS 990 filings does E W Oglebay Memorial Fund have?
E W Oglebay Memorial Fund 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 $211K in total revenue.
Filing History
IRS 990 filing history for E W Oglebay Memorial Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), E W Oglebay Memorial Fund's revenue has grown by 581.1%, moving from $5K to $34K. Total assets increased by 2.7% over the same period, from $963K to $989K. Total functional expenses rose by 35.3%, from $56K to $76K. In its most recent filing year (2023), E W Oglebay Memorial Fund reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $76K | $989K | $0 | — | — |
| 2022 | $2K | $72K | $1.0M | $0 | — | — |
| 2021 | $153K | $140K | $1.1M | $0 | — | — |
| 2020 | $22K | $97K | $1.1M | $0 | — | — |
| 2019 | $132K | $69K | $1.2M | $0 | — | View 990 |
| 2018 | $104K | $68K | $1.1M | $0 | — | View 990 |
| 2017 | $107K | $68K | $1.1M | $0 | — | View 990 |
| 2016 | $131K | $68K | $1.0M | $0 | — | View 990 |
| 2015 | $16K | $62K | $965K | $0 | — | View 990 |
| 2014 | $75K | $57K | $1.0M | $0 | — | View 990 |
| 2013 | $63K | $57K | $993K | $0 | — | View 990 |
| 2012 | $80K | $57K | $987K | $0 | — | View 990 |
| 2011 | $5K | $56K | $963K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34K, expenses of $76K, and assets of $989K (revenue +2045.3% year-over-year).
- 2022: Revenue of $2K, expenses of $72K, and assets of $1.0M (revenue -99.0% year-over-year).
- 2021: Revenue of $153K, expenses of $140K, and assets of $1.1M (revenue +588.3% year-over-year).
- 2020: Revenue of $22K, expenses of $97K, and assets of $1.1M (revenue -83.2% year-over-year).
- 2019: Revenue of $132K, expenses of $69K, and assets of $1.2M (revenue +27.4% year-over-year).
- 2018: Revenue of $104K, expenses of $68K, and assets of $1.1M (revenue -3.1% year-over-year).
- 2017: Revenue of $107K, expenses of $68K, and assets of $1.1M (revenue -18.1% year-over-year).
- 2016: Revenue of $131K, expenses of $68K, and assets of $1.0M (revenue +736.7% year-over-year).
- 2015: Revenue of $16K, expenses of $62K, and assets of $965K (revenue -79.3% year-over-year).
- 2014: Revenue of $75K, expenses of $57K, and assets of $1.0M (revenue +19.2% year-over-year).
- 2013: Revenue of $63K, expenses of $57K, and assets of $993K (revenue -21.2% year-over-year).
- 2012: Revenue of $80K, expenses of $57K, and assets of $987K (revenue +1526.2% year-over-year).
- 2011: Revenue of $5K, expenses of $56K, and assets of $963K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for E W Oglebay Memorial Fund:
Data Sources and Methodology
This transparency report for E W Oglebay Memorial Fund 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.