Oak Harbor Main Street Association
EIN: 472695380 · Oak Harbor, WA · NTEE: S31
Is Oak Harbor Main Street Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oak Harbor Main Street Association
Oak Harbor Main Street Association (EIN: 472695380) is a nonprofit organization based in Oak Harbor, WA, classified under NTEE code S31. The organization reported total revenue of $254K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oak Harbor Main Street Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Oak Harbor Main Street 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 Oak Harbor Main Street 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.
Frequently Asked Questions about Oak Harbor Main Street Association
Is Oak Harbor Main Street Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Oak Harbor Main Street Association (EIN: 472695380) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oak Harbor Main Street Association spend its money?
Detailed spending breakdown data is not yet available for Oak Harbor Main Street Association. Check back for updated IRS 990 analysis.
Are donations to Oak Harbor Main Street Association tax-deductible?
Oak Harbor Main Street Association is registered as a tax-exempt nonprofit (EIN: 472695380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Oak Harbor Main Street Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Oak Harbor Main Street Association's revenue has grown by 206.7%, moving from $77K to $236K. Total assets increased by 54.2% over the same period, from $59K to $90K. Total functional expenses rose by 1110%, from $20K to $243K. In its most recent filing year (2023), Oak Harbor Main Street Association reported a deficit of $8K, with expenses exceeding revenue. The organization holds $2K in liabilities against $90K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $88K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $236K | $243K | $90K | $2K | — | View 990 |
| 2022 | $230K | $225K | $97K | $2K | — | — |
| 2021 | $191K | $191K | $93K | $1K | — | View 990 |
| 2020 | $133K | $142K | $92K | $970 | — | — |
| 2019 | $155K | $136K | $105K | $4K | — | View 990 |
| 2018 | $111K | $98K | $90K | $9K | — | View 990 |
| 2017 | $84K | $73K | $70K | $5K | — | View 990 |
| 2016 | $77K | $20K | $59K | $5K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $236K, expenses of $243K, and assets of $90K (revenue +2.6% year-over-year).
- 2022: Revenue of $230K, expenses of $225K, and assets of $97K (revenue +20.4% year-over-year).
- 2021: Revenue of $191K, expenses of $191K, and assets of $93K (revenue +43.4% year-over-year).
- 2020: Revenue of $133K, expenses of $142K, and assets of $92K (revenue -14.2% year-over-year).
- 2019: Revenue of $155K, expenses of $136K, and assets of $105K (revenue +40.1% year-over-year).
- 2018: Revenue of $111K, expenses of $98K, and assets of $90K (revenue +32.2% year-over-year).
- 2017: Revenue of $84K, expenses of $73K, and assets of $70K (revenue +9.1% year-over-year).
- 2016: Revenue of $77K, expenses of $20K, and assets of $59K.
Data Sources and Methodology
This transparency report for Oak Harbor Main Street 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.