Oakes Community Hospital Foundation
EIN: 710966606 · Oakes, ND · NTEE: E112
Is Oakes Community Hospital Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oakes Community Hospital Foundation
Oakes Community Hospital Foundation (EIN: 710966606) is a nonprofit organization based in Oakes, ND, classified under NTEE code E112. The organization reported total revenue of $127K and total assets of $255K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakes Community Hospital Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oakes Community Hospital Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $4K |
| Surplus / Deficit | +$76K |
| Total Assets | $200K |
| Total Liabilities | $3K |
| Net Assets | $198K |
| Operating Margin | 95.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 634.3 months |
Financial Health Grade: A
In 2023, Oakes Community Hospital Foundation reported a surplus of $76K with revenue exceeding expenses, holds 634.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oakes Community Hospital Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +233.9% | -90.0% | +24.2% |
| 2022 | -8.7% | -65.2% | +9.7% |
| 2021 | -65.3% | +420.4% | -33.5% |
| 2020 | +3.5% | +3434.6% | +25.2% |
| 2019 | +5.6% | -99.6% | -28.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oakes Community Hospital Foundation 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 Oakes Community Hospital Foundation 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 $76K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Oakes Community Hospital Foundation
Is Oakes Community Hospital Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oakes Community Hospital Foundation (EIN: 710966606) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oakes Community Hospital Foundation spend its money?
Detailed spending breakdown data is not yet available for Oakes Community Hospital Foundation. Check back for updated IRS 990 analysis.
Are donations to Oakes Community Hospital Foundation tax-deductible?
Oakes Community Hospital Foundation is registered as a tax-exempt nonprofit (EIN: 710966606). 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 Oakes Community Hospital Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oakes Community Hospital Foundation's revenue has grown by 351.7%, moving from $18K to $80K. Total assets increased by 75.3% over the same period, from $114K to $200K. Total functional expenses fell by 30.7%, from $5K to $4K. In its most recent filing year (2023), Oakes Community Hospital Foundation reported a surplus of $76K, with revenue exceeding expenses. The organization holds $3K in liabilities against $200K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $198K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $4K | $200K | $3K | — | View 990 |
| 2022 | $24K | $38K | $161K | $41K | — | — |
| 2021 | $26K | $108K | $147K | $6K | — | — |
| 2020 | $76K | $21K | $221K | $8K | — | View 990 |
| 2019 | $73K | $589 | $176K | $2K | — | View 990 |
| 2018 | $69K | $150K | $247K | $136K | — | View 990 |
| 2017 | $76K | $47K | $191K | $0 | — | View 990 |
| 2016 | $51K | $6K | $160K | $0 | — | View 990 |
| 2015 | $83K | $73K | $121K | $5K | — | View 990 |
| 2014 | $76K | $29K | $131K | $24K | — | View 990 |
| 2013 | $35K | $6K | $64K | $53 | — | View 990 |
| 2012 | $39K | $120K | $33K | $0 | — | View 990 |
| 2011 | $18K | $5K | $114K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $4K, and assets of $200K (revenue +233.9% year-over-year).
- 2022: Revenue of $24K, expenses of $38K, and assets of $161K (revenue -8.7% year-over-year).
- 2021: Revenue of $26K, expenses of $108K, and assets of $147K (revenue -65.3% year-over-year).
- 2020: Revenue of $76K, expenses of $21K, and assets of $221K (revenue +3.5% year-over-year).
- 2019: Revenue of $73K, expenses of $589, and assets of $176K (revenue +5.6% year-over-year).
- 2018: Revenue of $69K, expenses of $150K, and assets of $247K (revenue -8.7% year-over-year).
- 2017: Revenue of $76K, expenses of $47K, and assets of $191K (revenue +48.1% year-over-year).
- 2016: Revenue of $51K, expenses of $6K, and assets of $160K (revenue -38.3% year-over-year).
- 2015: Revenue of $83K, expenses of $73K, and assets of $121K (revenue +9.9% year-over-year).
- 2014: Revenue of $76K, expenses of $29K, and assets of $131K (revenue +113.2% year-over-year).
- 2013: Revenue of $35K, expenses of $6K, and assets of $64K (revenue -9.5% year-over-year).
- 2012: Revenue of $39K, expenses of $120K, and assets of $33K (revenue +120.7% year-over-year).
- 2011: Revenue of $18K, expenses of $5K, and assets of $114K.
Data Sources and Methodology
This transparency report for Oakes Community Hospital Foundation 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.