Ernest Alva Oswalt And Betty Austin Oswalt Foundation
EIN: 640910686 · Raymond, MS · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $61 |
| Total Expenses | $295 |
| Net Assets | $111K |
Is Ernest Alva Oswalt And Betty Austin Oswalt Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ernest Alva Oswalt And Betty Austin Oswalt Foundation
Ernest Alva Oswalt And Betty Austin Oswalt Foundation (EIN: 640910686) is a nonprofit organization based in Raymond, MS, classified under NTEE code T20. The organization reported total revenue of $61 and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ernest Alva Oswalt And Betty Austin Oswalt Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ernest Alva Oswalt And Betty Austin Oswalt Foundation is a micro nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 163.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $295 |
| Surplus / Deficit | +$110K |
| Total Assets | $111K |
| Total Liabilities | $1 |
| Net Assets | $111K |
| Operating Margin | 99.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4517.6 months |
Financial Health Grade: A
In 2023, Ernest Alva Oswalt And Betty Austin Oswalt Foundation reported a surplus of $110K with revenue exceeding expenses, holds 4517.6 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 (2011–2023), Ernest Alva Oswalt And Betty Austin Oswalt Foundation's revenue has grown at a compound annual growth rate (CAGR) of 163.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21925.6% | -36.6% | +8966.0% |
| 2022 | +0.0% | +17.7% | +2.9% |
| 2021 | +49900.0% | — | +9.7% |
| 2020 | -99.6% | -100.0% | +0.1% |
| 2019 | +12450.0% | — | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ernest Alva Oswalt And Betty Austin Oswalt Foundation 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 Ernest Alva Oswalt And Betty Austin Oswalt Foundation 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 surplus of $110K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ernest Alva Oswalt And Betty Austin Oswalt Foundation
Is Ernest Alva Oswalt And Betty Austin Oswalt Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ernest Alva Oswalt And Betty Austin Oswalt Foundation (EIN: 640910686) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ernest Alva Oswalt And Betty Austin Oswalt Foundation spend its money?
Detailed spending breakdown data is not yet available for Ernest Alva Oswalt And Betty Austin Oswalt Foundation. Check back for updated IRS 990 analysis.
Are donations to Ernest Alva Oswalt And Betty Austin Oswalt Foundation tax-deductible?
Ernest Alva Oswalt And Betty Austin Oswalt Foundation is registered as a tax-exempt nonprofit (EIN: 640910686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ernest Alva Oswalt And Betty Austin Oswalt Foundation located?
Ernest Alva Oswalt And Betty Austin Oswalt Foundation is headquartered in Raymond, Mississippi and files with the IRS under EIN 640910686. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ernest Alva Oswalt And Betty Austin Oswalt Foundation have?
Ernest Alva Oswalt And Betty Austin Oswalt Foundation 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 $61 in total revenue.
Filing History
IRS 990 filing history for Ernest Alva Oswalt And Betty Austin Oswalt Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ernest Alva Oswalt And Betty Austin Oswalt Foundation's revenue has grown by 11012700%, moving from $1 to $110K. Total assets increased by 11084.1% over the same period, from $993 to $111K. Total functional expenses rose by 147.9%, from $119 to $295. In its most recent filing year (2023), Ernest Alva Oswalt And Betty Austin Oswalt Foundation reported a surplus of $110K, with revenue exceeding expenses. The organization holds $1 in liabilities against $111K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $111K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $295 | $111K | $1 | — | View 990 |
| 2022 | $500 | $465 | $1K | $1 | — | View 990 |
| 2021 | $500 | $395 | $1K | $1 | — | — |
| 2020 | $1 | $0 | $1K | $1 | — | — |
| 2019 | $251 | $250 | $1K | $0 | — | View 990 |
| 2015 | $2 | $0 | $1K | $0 | — | View 990 |
| 2014 | $1 | $0 | $1K | $0 | — | View 990 |
| 2013 | $1K | $708 | $1K | $0 | — | View 990 |
| 2012 | $0 | $208 | $785 | $0 | — | View 990 |
| 2011 | $1 | $119 | $993 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $295, and assets of $111K (revenue +21925.6% year-over-year).
- 2022: Revenue of $500, expenses of $465, and assets of $1K (revenue +0.0% year-over-year).
- 2021: Revenue of $500, expenses of $395, and assets of $1K (revenue +49900.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1K (revenue -99.6% year-over-year).
- 2019: Revenue of $251, expenses of $250, and assets of $1K (revenue +12450.0% year-over-year).
- 2015: Revenue of $2, expenses of $0, and assets of $1K (revenue +100.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1K (revenue -99.9% year-over-year).
- 2013: Revenue of $1K, expenses of $708, and assets of $1K.
- 2012: Revenue of $0, expenses of $208, and assets of $785 (revenue -100.0% year-over-year).
- 2011: Revenue of $1, expenses of $119, and assets of $993.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ernest Alva Oswalt And Betty Austin Oswalt Foundation:
Data Sources and Methodology
This transparency report for Ernest Alva Oswalt And Betty Austin Oswalt Foundation 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.