Impact Oklahoma Inc
EIN: 731715755 · Oklahoma City, OK · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $491K |
| Total Expenses | $334K |
| Net Assets | $479K |
Is Impact Oklahoma Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Impact Oklahoma Inc
Impact Oklahoma Inc (EIN: 731715755) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code P12. The organization reported total revenue of $491K and total assets of $544K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Impact Oklahoma Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Impact Oklahoma Inc is a small nonprofit that has been operating for 3 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $360K |
| Total Expenses | $334K |
| Surplus / Deficit | +$26K |
| Total Assets | $479K |
| Net Assets | $479K |
| Operating Margin | 7.2% |
| Months of Reserves | 17.2 months |
Financial Health Grade: A
In 2024, Impact Oklahoma Inc reported a surplus of $26K with revenue exceeding expenses, holds 17.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Impact Oklahoma Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -15.7% | -6.8% | +12.4% |
| 2023 | +13.9% | +14.3% | +19.6% |
| 2022 | +38.3% | +14.0% | +28.2% |
| 2021 | +145.1% | +11.3% | +21.2% |
| 2020 | -65.8% | -40.5% | -33.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Impact Oklahoma Inc 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 Impact Oklahoma Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
Frequently Asked Questions about Impact Oklahoma Inc
Is Impact Oklahoma Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Impact Oklahoma Inc (EIN: 731715755) insufficient data. 0 red flags identified, 0 strengths noted.
How does Impact Oklahoma Inc spend its money?
Detailed spending breakdown data is not yet available for Impact Oklahoma Inc. Check back for updated IRS 990 analysis.
Are donations to Impact Oklahoma Inc tax-deductible?
Impact Oklahoma Inc is registered as a tax-exempt nonprofit (EIN: 731715755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Impact Oklahoma Inc located?
Impact Oklahoma Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 731715755. It is classified under NTEE code P12.
How many years of IRS 990 filings does Impact Oklahoma Inc have?
Impact Oklahoma 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 $491K in total revenue.
Filing History
IRS 990 filing history for Impact Oklahoma Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Impact Oklahoma Inc's revenue has grown by 27.2%, moving from $283K to $360K. Total assets increased by 65.3% over the same period, from $290K to $479K. Total functional expenses rose by 10.8%, from $301K to $334K. In its most recent filing year (2024), Impact Oklahoma Inc reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $360K | $334K | $479K | $0 | — | View 990 |
| 2023 | $427K | $358K | $426K | $196 | — | — |
| 2022 | $375K | $313K | $357K | $3K | — | — |
| 2021 | $271K | $275K | $278K | $3K | — | — |
| 2020 | $111K | $247K | $229K | $12K | — | — |
| 2019 | $323K | $415K | $346K | $7K | — | View 990 |
| 2018 | $382K | $437K | $414K | $4K | — | View 990 |
| 2017 | $350K | $360K | $468K | $718 | — | View 990 |
| 2016 | $368K | $307K | $476K | $838 | — | View 990 |
| 2015 | $287K | $284K | $414K | $0 | — | View 990 |
| 2014 | $307K | $248K | $397K | $0 | — | View 990 |
| 2013 | $181K | $249K | $338K | $0 | — | View 990 |
| 2012 | $147K | $5K | $407K | $0 | — | View 990 |
| 2011 | $283K | $301K | $290K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $360K, expenses of $334K, and assets of $479K (revenue -15.7% year-over-year).
- 2023: Revenue of $427K, expenses of $358K, and assets of $426K (revenue +13.9% year-over-year).
- 2022: Revenue of $375K, expenses of $313K, and assets of $357K (revenue +38.3% year-over-year).
- 2021: Revenue of $271K, expenses of $275K, and assets of $278K (revenue +145.1% year-over-year).
- 2020: Revenue of $111K, expenses of $247K, and assets of $229K (revenue -65.8% year-over-year).
- 2019: Revenue of $323K, expenses of $415K, and assets of $346K (revenue -15.4% year-over-year).
- 2018: Revenue of $382K, expenses of $437K, and assets of $414K (revenue +9.0% year-over-year).
- 2017: Revenue of $350K, expenses of $360K, and assets of $468K (revenue -4.8% year-over-year).
- 2016: Revenue of $368K, expenses of $307K, and assets of $476K (revenue +27.9% year-over-year).
- 2015: Revenue of $287K, expenses of $284K, and assets of $414K (revenue -6.4% year-over-year).
- 2014: Revenue of $307K, expenses of $248K, and assets of $397K (revenue +69.7% year-over-year).
- 2013: Revenue of $181K, expenses of $249K, and assets of $338K (revenue +23.0% year-over-year).
- 2012: Revenue of $147K, expenses of $5K, and assets of $407K (revenue -48.0% year-over-year).
- 2011: Revenue of $283K, expenses of $301K, and assets of $290K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Impact Oklahoma Inc:
Data Sources and Methodology
This transparency report for Impact 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.