O Hair Park Community Association
EIN: 463420443 · Detroit, MI · NTEE: Z99
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $83K |
| Net Assets | $136K |
Is O Hair Park Community Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About O Hair Park Community Association
O Hair Park Community Association (EIN: 463420443) is a nonprofit organization based in Detroit, MI, classified under NTEE code Z99. The organization reported total revenue of $197K and total assets of $192K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of O Hair Park Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
O Hair Park Community Association is a small nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $83K |
| Surplus / Deficit | +$4K |
| Total Assets | $136K |
| Net Assets | $136K |
| Operating Margin | 4.3% |
| Months of Reserves | 19.7 months |
Financial Health Grade: A
In 2023, O Hair Park Community Association reported a surplus of $4K with revenue exceeding expenses, holds 19.7 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), O Hair Park Community Association's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.1% | +19.8% | +2.8% |
| 2022 | +9.3% | -3.1% | +54.1% |
| 2021 | +55.8% | +110.5% | +66.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for O Hair Park Community Association 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 O Hair Park Community Association 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 $4K, with revenue exceeding expenses.
Frequently Asked Questions about O Hair Park Community Association
Is O Hair Park Community Association a legitimate charity?
O Hair Park Community Association (EIN: 463420443) is a registered tax-exempt nonprofit based in Michigan. It has 4 years of IRS 990 filings on record. Total revenue: $197K. No red flags identified. Financial health grade: A.
How does O Hair Park Community Association spend its money?
O Hair Park Community Association reported $197K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to O Hair Park Community Association tax-deductible?
O Hair Park Community Association is registered as a tax-exempt nonprofit (EIN: 463420443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is O Hair Park Community Association located?
O Hair Park Community Association is headquartered in Detroit, Michigan and files with the IRS under EIN 463420443. It is classified under NTEE code Z99.
How many years of IRS 990 filings does O Hair Park Community Association have?
O Hair Park Community Association has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $197K in total revenue.
Filing History
IRS 990 filing history for O Hair Park Community Association showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), O Hair Park Community Association's revenue has grown by 27.6%, moving from $68K to $86K. Total assets increased by 164.3% over the same period, from $51K to $136K. Total functional expenses rose by 144.2%, from $34K to $83K. In its most recent filing year (2023), O Hair Park Community Association reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $83K | $136K | $0 | — | — |
| 2022 | $115K | $69K | $132K | $0 | — | View 990 |
| 2021 | $106K | $71K | $86K | $0 | — | View 990 |
| 2020 | $68K | $34K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $83K, and assets of $136K (revenue -25.1% year-over-year).
- 2022: Revenue of $115K, expenses of $69K, and assets of $132K (revenue +9.3% year-over-year).
- 2021: Revenue of $106K, expenses of $71K, and assets of $86K (revenue +55.8% year-over-year).
- 2020: Revenue of $68K, expenses of $34K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for O Hair Park Community Association:
Data Sources and Methodology
This transparency report for O Hair Park Community Association 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.