Oakhill Foundation

Oakhill Foundation maintains substantial assets and minimal expenses with zero officer compensation.

EIN: 206021595 · Lincoln, MA · NTEE: T22 · Updated: 2026-03-28

$2.2MRevenue

$13.7MAssets

95/100Mission Score (Excellent)

T22

About Oakhill Foundation

Oakhill Foundation (EIN: 206021595) is a nonprofit organization based in Lincoln, MA, classified under NTEE code T22. The organization reported total revenue of $2.2M and total assets of $13.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakhill Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Oakhill Foundation demonstrates strong financial health with consistently growing assets, reaching $14,500,729 in 2023. The organization's revenue has been highly variable, with a significant spike to $12,954,666 in 2021 and $3,022,079 in 2023, indicating reliance on large, infrequent contributions or investment gains. Spending efficiency appears very high, as evidenced by the 2023 expenses of $601,513 against $3,022,079 in revenue, and the 2022 expenses of $62,773 against $960,436 in revenue. This suggests a lean operational model, potentially as a grant-making foundation with minimal direct program costs. The consistent reporting of zero officer compensation across all filings indicates excellent transparency regarding executive pay and a commitment to minimizing administrative overhead, further enhancing its financial health and public trust.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Oakhill Foundation with a Mission Score of 95 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: 90%
fundraising: 0%

According to IRS 990 filings, Oakhill Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with assets exceeding $14 million.

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 Oakhill Foundation's IRS 990 filings:

Highly volatile revenue streams, making future financial projections less predictable.
Lack of detailed program spending breakdown in provided data, making it difficult to assess direct impact.

Strengths

The following positive indicators were identified for Oakhill Foundation:

Exceptional financial efficiency with very low expenses relative to revenue and assets (e.g., 2023 expenses were 19.9% of revenue).
Strong asset growth, increasing from $31,237 in 2011 to $14,500,729 in 2023.
Zero reported officer compensation across all filings, indicating high transparency and minimal administrative overhead.
Consistently low liabilities, often reported as $0 or $1, suggesting strong financial management and solvency.

Frequently Asked Questions about Oakhill Foundation

Is Oakhill Foundation a good charity?

Based on its financial data, Oakhill Foundation appears to be a very efficient and financially sound organization. Its consistent reporting of zero officer compensation and low expenses relative to revenue and assets are strong indicators of good stewardship. However, without detailed program descriptions, it's difficult to assess the direct impact of its charitable activities.

What is the primary source of Oakhill Foundation's revenue volatility?

The significant fluctuations in revenue, such as $12,954,666 in 2021 compared to $268,872 in 2020, suggest that the foundation may rely heavily on large, infrequent donations, investment gains, or a combination thereof, rather than a steady stream of smaller contributions.

How does Oakhill Foundation manage its expenses so effectively?

The foundation consistently reports very low expenses relative to its revenue and assets. For example, in 2023, expenses were $601,513 against $3,022,079 in revenue. This efficiency is likely due to its operational model, potentially as a grant-making entity with minimal direct program delivery costs or a highly volunteer-driven structure, especially given the zero officer compensation.

Filing History

IRS 990 filing history for Oakhill Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Oakhill Foundation's revenue has grown by 7748820.5%, moving from $39 to $3.0M. Total assets increased by 46321.6% over the same period, from $31K to $14.5M. Total functional expenses rose by 51754.6%, from $1K to $602K. In its most recent filing year (2023), Oakhill Foundation reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $1 in liabilities against $14.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.0M	$602K	$14.5M	$1	—	—
2022	$960K	$63K	$12.0M	$1	—	View 990
2021	$13.0M	$2.0M	$11.1M	$1	—	View 990
2020	$269K	$2.4M	$8.7M	$1	—	—
2019	$475K	$1.2M	$10.9M	$0	—	View 990
2015	$155K	$296K	$5.2M	$0	—	View 990
2014	$896K	$269K	$5.3M	$0	—	View 990
2013	$394K	$22K	$4.7M	$0	—	View 990
2012	$5.0M	$4K	$4.3M	$0	—	View 990
2011	$39	$1K	$31K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.0M, expenses of $602K, and assets of $14.5M (revenue +214.7% year-over-year).
2022: Revenue of $960K, expenses of $63K, and assets of $12.0M (revenue -92.6% year-over-year).
2021: Revenue of $13.0M, expenses of $2.0M, and assets of $11.1M (revenue +4718.2% year-over-year).
2020: Revenue of $269K, expenses of $2.4M, and assets of $8.7M (revenue -43.4% year-over-year).
2019: Revenue of $475K, expenses of $1.2M, and assets of $10.9M (revenue +205.6% year-over-year).
2015: Revenue of $155K, expenses of $296K, and assets of $5.2M (revenue -82.6% year-over-year).
2014: Revenue of $896K, expenses of $269K, and assets of $5.3M (revenue +127.3% year-over-year).
2013: Revenue of $394K, expenses of $22K, and assets of $4.7M (revenue -92.1% year-over-year).
2012: Revenue of $5.0M, expenses of $4K, and assets of $4.3M (revenue +12853838.5% year-over-year).
2011: Revenue of $39, expenses of $1K, and assets of $31K.

Data Sources and Methodology

This transparency report for Oakhill 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.