Oaklawn Foundation
Oaklawn Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 136127896 · Wilton, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| Net Assets | $15.0M |
| Transparency Score | 90/100 |
Is Oaklawn Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oaklawn Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oaklawn Foundation
Oaklawn Foundation (EIN: 136127896) is a nonprofit organization based in Wilton, CT. The organization reported total revenue of $6.7M and total assets of $16.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oaklawn Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oaklawn Foundation is a mid-size nonprofit that has been operating for 77 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $935K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-221,952 |
| Total Assets | $15.0M |
| Total Liabilities | $1K |
| Net Assets | $15.0M |
| Operating Margin | -23.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.6 months |
Financial Health Grade: B
In 2023, Oaklawn Foundation reported a deficit of $222K with expenses exceeding revenue, holds 155.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Oaklawn Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.7% | +1.0% | -1.5% |
| 2022 | -9.6% | -4.7% | +3.5% |
| 2021 | -19.2% | +15.5% | +4.5% |
| 2020 | +50.5% | +10.3% | +9.6% |
| 2019 | +49.8% | +1.9% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Oaklawn Foundation with a Mission Score of 90 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, Oaklawn 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $222K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Oaklawn Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size and asset base.
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 Oaklawn Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
- Unusual 0% officer compensation for an organization with significant assets, which could indicate alternative compensation structures not fully transparent.
Strengths
The following positive indicators were identified for Oaklawn Foundation:
- Consistent growth in assets, from $11.89 million in 2011 to $14.99 million in 2023, indicating strong financial stewardship.
- Extremely low liabilities across all reporting periods, demonstrating excellent financial health and minimal debt.
- Zero reported officer compensation, suggesting a high degree of efficiency and dedication of resources to the mission.
- Generally positive net income in most years, indicating sustainable operations.
Frequently Asked Questions about Oaklawn Foundation
Is Oaklawn Foundation a legitimate charity?
Oaklawn Foundation (EIN: 136127896) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Oaklawn Foundation spend its money?
Oaklawn Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Oaklawn Foundation tax-deductible?
Oaklawn Foundation is registered as a tax-exempt nonprofit (EIN: 136127896). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oaklawn Foundation located?
Oaklawn Foundation is headquartered in Wilton, Connecticut and files with the IRS under EIN 136127896.
How many years of IRS 990 filings does Oaklawn Foundation have?
Oaklawn Foundation has 10 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 $6.7M in total revenue.
How does Oaklawn Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not reported under 'officer compensation' on the 990 form. This is a significant factor in its financial efficiency.
What are the primary program activities of the Oaklawn Foundation?
Without the NTEE code or specific program expense details from the 990 filings, the exact nature of Oaklawn Foundation's primary program activities cannot be determined from the provided data. Further investigation into their mission statement or detailed 990 schedules would be required.
Is the recent decline in revenue a concern for the foundation's long-term stability?
While revenue decreased from $1,659,113 in 2022 to $934,704 in 2023, the foundation's substantial asset base of $14.99 million and minimal liabilities suggest it has reserves to weather fluctuations. A single year's decline isn't necessarily a long-term concern, but consistent declines would warrant closer scrutiny.
Filing History
IRS 990 filing history for Oaklawn Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Oaklawn Foundation's revenue has grown by 102.1%, moving from $463K to $935K. Total assets increased by 26.1% over the same period, from $11.9M to $15.0M. Total functional expenses rose by 40.4%, from $824K to $1.2M. In its most recent filing year (2023), Oaklawn Foundation reported a deficit of $222K, with expenses exceeding revenue. The organization holds $1K in liabilities against $15.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $935K | $1.2M | $15.0M | $1K | — | View 990 |
| 2022 | $1.7M | $1.1M | $15.2M | $327 | — | View 990 |
| 2021 | $1.8M | $1.2M | $14.7M | $69 | — | View 990 |
| 2020 | $2.3M | $1.0M | $14.1M | $3 | — | — |
| 2019 | $1.5M | $943K | $12.8M | $8 | — | View 990 |
| 2015 | $1.0M | $925K | $13.0M | $0 | — | View 990 |
| 2014 | $758K | $886K | $12.9M | $0 | — | View 990 |
| 2013 | $922K | $797K | $13.1M | $0 | — | View 990 |
| 2012 | $878K | $827K | $11.9M | $0 | — | View 990 |
| 2011 | $463K | $824K | $11.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $935K, expenses of $1.2M, and assets of $15.0M (revenue -43.7% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.1M, and assets of $15.2M (revenue -9.6% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.2M, and assets of $14.7M (revenue -19.2% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.0M, and assets of $14.1M (revenue +50.5% year-over-year).
- 2019: Revenue of $1.5M, expenses of $943K, and assets of $12.8M (revenue +49.8% year-over-year).
- 2015: Revenue of $1.0M, expenses of $925K, and assets of $13.0M (revenue +33.0% year-over-year).
- 2014: Revenue of $758K, expenses of $886K, and assets of $12.9M (revenue -17.9% year-over-year).
- 2013: Revenue of $922K, expenses of $797K, and assets of $13.1M (revenue +5.0% year-over-year).
- 2012: Revenue of $878K, expenses of $827K, and assets of $11.9M (revenue +89.8% year-over-year).
- 2011: Revenue of $463K, expenses of $824K, and assets of $11.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oaklawn Foundation:
Data Sources and Methodology
This transparency report for Oaklawn 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.