O D A Community Development Corp
O D A Community Development Corp consistently spends nearly all revenue on operations with no reported officer compensation.
EIN: 113167240 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $3.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3.1M |
| Net Assets | $593K |
| Transparency Score | 85/100 |
Is O D A Community Development Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
O D A Community Development Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About O D A Community Development Corp
O D A Community Development Corp (EIN: 113167240) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $4.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of O D A Community Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
O D A Community Development Corp is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$5K |
| Total Assets | $1.6M |
| Total Liabilities | $1.0M |
| Net Assets | $593K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 63.5% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, O D A Community Development Corp reported a surplus of $5K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 63.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), O D A Community Development Corp's revenue has declined at a compound annual growth rate (CAGR) of -6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.4% | -24.6% | +10.6% |
| 2022 | +34.0% | +12.7% | +119.1% |
| 2021 | -7.2% | +11.1% | -52.1% |
| 2020 | -10.0% | -12.0% | +57.2% |
| 2019 | -6.0% | -7.0% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 O D A Community Development Corp with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, O D A Community Development Corp allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 63.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its revenue size (e.g., $3.1M in 2023), suggesting either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990.
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 O D A Community Development Corp's IRS 990 filings:
- Significant increase in liabilities over time (from $280,949 in 2014 to $1,031,744 in 2023) without clear explanation of their nature.
- Consistent 0% officer compensation reported, which is unusual for an organization with over $3 million in annual revenue, potentially indicating compensation is reported elsewhere or leadership is entirely volunteer.
Strengths
The following positive indicators were identified for O D A Community Development Corp:
- Consistent revenue generation, with revenues generally matching or slightly exceeding expenses, indicating stable operations.
- Growth in assets from $418,848 in 2014 to $1,625,208 in 2023, strengthening the organization's financial base.
- High spending efficiency, as nearly all revenue is expended on operations, suggesting funds are directly deployed to mission.
- No reported officer compensation, indicating a potentially very lean administrative overhead at the executive level.
Frequently Asked Questions about O D A Community Development Corp
Is O D A Community Development Corp a legitimate charity?
O D A Community Development Corp (EIN: 113167240) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does O D A Community Development Corp spend its money?
O D A Community Development Corp directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to O D A Community Development Corp tax-deductible?
O D A Community Development Corp is registered as a tax-exempt nonprofit (EIN: 113167240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the O D A Community Development Corp CEO make?
O D A Community Development Corp's highest-compensated officer earns $3.1M annually. The organization reported $4.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of O D A Community Development Corp's spending goes to programs?
O D A Community Development Corp directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is O D A Community Development Corp located?
O D A Community Development Corp is headquartered in Brooklyn, New York and files with the IRS under EIN 113167240.
How many years of IRS 990 filings does O D A Community Development Corp have?
O D A Community Development Corp 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 $4.2M in total revenue.
Is O D A Community Development Corp a good charity?
Based on the available data, the organization appears to be a good charity, demonstrating consistent financial activity, growth in assets, and a strong commitment to spending nearly all revenue on its mission. The absence of reported officer compensation is a significant positive indicator of resource allocation.
How does O D A Community Development Corp manage its liabilities?
The organization's liabilities have increased from $280,949 in 2014 to $1,031,744 in 2023. While assets have also grown, understanding the nature of these liabilities (e.g., program-related debt, operational payables) is crucial for a complete financial assessment.
What is the actual compensation structure for the organization's leadership?
Given the consistent reporting of 0% officer compensation, it's important to understand how the organization's leadership is compensated, if at all, or if it operates with an entirely volunteer executive team, which would be highly commendable for an organization of this scale.
Filing History
IRS 990 filing history for O D A Community Development Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), O D A Community Development Corp's revenue has declined by 55.2%, moving from $6.9M to $3.1M. Total assets increased by 5.4% over the same period, from $1.5M to $1.6M. Total functional expenses fell by 55.2%, from $6.9M to $3.1M. In its most recent filing year (2023), O D A Community Development Corp reported a surplus of $5K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $1.6M in assets (debt-to-asset ratio: 63.5%), resulting in net assets of $593K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.1M | $1.6M | $1.0M | — | — |
| 2022 | $4.3M | $4.1M | $1.5M | $880K | — | View 990 |
| 2021 | $3.2M | $3.7M | $671K | $510K | — | View 990 |
| 2020 | $3.4M | $3.3M | $1.4M | $905K | — | — |
| 2019 | $3.8M | $3.7M | $890K | $548K | — | View 990 |
| 2018 | $4.1M | $4.0M | $913K | $657K | — | View 990 |
| 2017 | $4.1M | $4.2M | $854K | $647K | — | View 990 |
| 2016 | $4.0M | $3.9M | $785K | $524K | — | View 990 |
| 2015 | $3.6M | $3.6M | $657K | $514K | — | View 990 |
| 2014 | $3.3M | $3.3M | $419K | $281K | — | View 990 |
| 2013 | $4.2M | $4.1M | $650K | $516K | — | View 990 |
| 2012 | $11.1M | $11.2M | $638K | $607K | — | View 990 |
| 2011 | $6.9M | $6.9M | $1.5M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.1M, and assets of $1.6M (revenue -27.4% year-over-year).
- 2022: Revenue of $4.3M, expenses of $4.1M, and assets of $1.5M (revenue +34.0% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.7M, and assets of $671K (revenue -7.2% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.3M, and assets of $1.4M (revenue -10.0% year-over-year).
- 2019: Revenue of $3.8M, expenses of $3.7M, and assets of $890K (revenue -6.0% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.0M, and assets of $913K (revenue -0.9% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.2M, and assets of $854K (revenue +1.9% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.9M, and assets of $785K (revenue +12.5% year-over-year).
- 2015: Revenue of $3.6M, expenses of $3.6M, and assets of $657K (revenue +7.7% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.3M, and assets of $419K (revenue -20.0% year-over-year).
- 2013: Revenue of $4.2M, expenses of $4.1M, and assets of $650K (revenue -62.6% year-over-year).
- 2012: Revenue of $11.1M, expenses of $11.2M, and assets of $638K (revenue +60.2% year-over-year).
- 2011: Revenue of $6.9M, expenses of $6.9M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for O D A Community Development Corp:
Data Sources and Methodology
This transparency report for O D A Community Development Corp 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.