Oakcrest Community Association Inc
Oakcrest Community Association Inc shows consistent financial growth and no reported officer compensation over the past decade.
EIN: 205671500 · Houston, TX · NTEE: L400 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $967K |
| Program Spending | 85% |
| Net Assets | $1.8M |
| Transparency Score | 85/100 |
Is Oakcrest Community Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oakcrest Community Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oakcrest Community Association Inc
Oakcrest Community Association Inc (EIN: 205671500) is a nonprofit organization based in Houston, TX, classified under NTEE code L400. The organization reported total revenue of $1.2M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakcrest Community Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oakcrest Community Association Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $967K |
| Surplus / Deficit | +$165K |
| Total Assets | $2.1M |
| Total Liabilities | $353K |
| Net Assets | $1.8M |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 26.4 months |
Financial Health Grade: A
In 2023, Oakcrest Community Association Inc reported a surplus of $165K with revenue exceeding expenses, holds 26.4 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oakcrest Community Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.1% | -2.9% | +11.4% |
| 2022 | -3.5% | +29.6% | +4.6% |
| 2021 | -1.5% | -3.4% | +30.6% |
| 2020 | +5.3% | -13.4% | +44.6% |
| 2019 | +23.4% | +6.7% | +21.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Oakcrest Community Association Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Oakcrest Community Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $165K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990. This indicates a strong commitment to directing financial resources towards its mission rather than executive salaries.
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 Oakcrest Community Association Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Oakcrest Community Association Inc:
- Consistent financial growth and increasing assets, from $52,450 in 2014 to $2,127,788 in 2023.
- Revenue consistently exceeds expenses, indicating sound financial management and sustainability.
- No reported officer compensation across all filings, suggesting a strong commitment to mission-focused spending.
- Stable and growing revenue stream, reaching $1,132,286 in 2023.
- Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $352,745 liabilities vs. $2,127,788 assets in 2023).
Frequently Asked Questions about Oakcrest Community Association Inc
Is Oakcrest Community Association Inc a legitimate charity?
Oakcrest Community Association Inc (EIN: 205671500) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Oakcrest Community Association Inc spend its money?
Oakcrest Community Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Oakcrest Community Association Inc tax-deductible?
Oakcrest Community Association Inc is registered as a tax-exempt nonprofit (EIN: 205671500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oakcrest Community Association Inc's spending goes to programs?
Oakcrest Community Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oakcrest Community Association Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oakcrest Community Association Inc is above average for NTEE category L400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oakcrest Community Association Inc located?
Oakcrest Community Association Inc is headquartered in Houston, Texas and files with the IRS under EIN 205671500. It is classified under NTEE code L400.
How many years of IRS 990 filings does Oakcrest Community Association Inc have?
Oakcrest Community Association Inc 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 $1.2M in total revenue.
Is Oakcrest Community Association Inc a good charity?
Based on the available IRS 990 data, Oakcrest Community Association Inc appears to be a financially healthy and well-managed organization. Its consistent asset growth, revenue exceeding expenses, and reported 0% officer compensation are positive indicators. However, without detailed program spending breakdowns, it's difficult to fully assess program effectiveness.
How does Oakcrest Community Association Inc manage its expenses?
Oakcrest Community Association Inc consistently manages its expenses below its revenue, leading to annual surpluses. For instance, in 2023, expenses were $967,306 against revenues of $1,132,286. This disciplined spending contributes to its growing asset base and financial stability.
What is the trend in Oakcrest Community Association Inc's financial health?
The organization shows a strong positive trend in financial health. Its assets have grown from $52,450 in 2014 to $2,127,788 in 2023, and revenue has increased from $158,966 to $1,132,286 over the same period, indicating robust growth and increasing capacity.
Filing History
IRS 990 filing history for Oakcrest Community Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oakcrest Community Association Inc's revenue has grown by 854.4%, moving from $119K to $1.1M. Total assets increased by 5766% over the same period, from $36K to $2.1M. Total functional expenses rose by 749.7%, from $114K to $967K. In its most recent filing year (2023), Oakcrest Community Association Inc reported a surplus of $165K, with revenue exceeding expenses. The organization holds $353K in liabilities against $2.1M in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $967K | $2.1M | $353K | — | View 990 |
| 2022 | $1.1M | $996K | $1.9M | $327K | — | View 990 |
| 2021 | $1.1M | $769K | $1.8M | $348K | — | View 990 |
| 2020 | $1.1M | $796K | $1.4M | $273K | — | View 990 |
| 2019 | $1.1M | $919K | $967K | $179K | — | View 990 |
| 2018 | $872K | $861K | $794K | $169K | — | View 990 |
| 2017 | $726K | $488K | $754K | $140K | — | View 990 |
| 2016 | $523K | $259K | $460K | $85K | — | View 990 |
| 2015 | $287K | $211K | $152K | $41K | — | View 990 |
| 2014 | $159K | $146K | $52K | $18K | — | View 990 |
| 2013 | $130K | $152K | $37K | $15K | — | View 990 |
| 2012 | $128K | $127K | $38K | $0 | — | View 990 |
| 2011 | $119K | $114K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $967K, and assets of $2.1M (revenue +5.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $996K, and assets of $1.9M (revenue -3.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $769K, and assets of $1.8M (revenue -1.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $796K, and assets of $1.4M (revenue +5.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $919K, and assets of $967K (revenue +23.4% year-over-year).
- 2018: Revenue of $872K, expenses of $861K, and assets of $794K (revenue +20.1% year-over-year).
- 2017: Revenue of $726K, expenses of $488K, and assets of $754K (revenue +38.8% year-over-year).
- 2016: Revenue of $523K, expenses of $259K, and assets of $460K (revenue +82.5% year-over-year).
- 2015: Revenue of $287K, expenses of $211K, and assets of $152K (revenue +80.4% year-over-year).
- 2014: Revenue of $159K, expenses of $146K, and assets of $52K (revenue +21.9% year-over-year).
- 2013: Revenue of $130K, expenses of $152K, and assets of $37K (revenue +1.4% year-over-year).
- 2012: Revenue of $128K, expenses of $127K, and assets of $38K (revenue +8.3% year-over-year).
- 2011: Revenue of $119K, expenses of $114K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oakcrest Community Association Inc:
Data Sources and Methodology
This transparency report for Oakcrest Community Association 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.