Oaklawn Foundation
Oaklawn Foundation consistently expends all revenue annually with no reported assets or liabilities.
EIN: 208578192 · Hot Springs, AR · NTEE: T11 · Updated: 2026-03-28
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 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oaklawn Foundation
Oaklawn Foundation (EIN: 208578192) is a nonprofit organization based in Hot Springs, AR, classified under NTEE code T11. The organization reported total revenue of $904K and total assets of $0 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 small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$0 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Oaklawn Foundation reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Oaklawn Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +3.6% | — |
| 2022 | +21.8% | +21.8% | — |
| 2021 | -15.5% | -15.5% | — |
| 2020 | +1.8% | +1.8% | — |
| 2019 | +17.2% | +17.2% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Oaklawn Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $0, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This suggests a volunteer leadership structure or that compensation is covered by an external entity, which is highly favorable for donor funds.
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
- No assets reported, which could limit long-term stability or endowment building if desired
Strengths
The following positive indicators were identified for Oaklawn Foundation:
- 100% of revenue consistently expended annually, indicating efficient fund deployment
- Zero officer compensation reported across all filings, suggesting volunteer leadership or external funding for executive roles
- Consistent financial reporting over multiple years
- Zero liabilities reported, indicating no outstanding debts
Frequently Asked Questions about Oaklawn Foundation
Is Oaklawn Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oaklawn Foundation (EIN: 208578192) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Oaklawn Foundation spend its money?
Oaklawn Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oaklawn Foundation tax-deductible?
Oaklawn Foundation is registered as a tax-exempt nonprofit (EIN: 208578192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs or grants funded by the Oaklawn Foundation?
The provided IRS 990 data indicates that all revenue is expended annually, but it does not detail the specific programs or grants that these expenditures support. Further investigation into their public disclosures or website would be necessary to understand their programmatic impact.
How does the Oaklawn Foundation manage to have zero assets and liabilities consistently?
The consistent reporting of zero assets and liabilities suggests that the Oaklawn Foundation operates as a pass-through entity, distributing all incoming revenue as expenses within the same fiscal year. This implies a highly efficient and immediate deployment of funds.
Is the Oaklawn Foundation truly volunteer-led given 0% officer compensation?
The 0% officer compensation reported across all filings strongly suggests that the organization's leadership is either entirely volunteer-based or that any compensation for officers is covered by an external entity, rather than directly by the foundation's revenue.
Filing History
IRS 990 filing history for Oaklawn Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Oaklawn Foundation's revenue has grown by 403%, moving from $325K to $1.6M. Total assets decreased by 100% over the same period, from $1 to $0. Total functional expenses rose by 403%, from $325K to $1.6M. In its most recent filing year (2023), Oaklawn Foundation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $0 | $0 | — | — |
| 2022 | $1.6M | $1.6M | $0 | $0 | — | View 990 |
| 2021 | $1.3M | $1.3M | $0 | $0 | — | — |
| 2020 | $1.5M | $1.5M | $0 | $0 | — | View 990 |
| 2019 | $1.5M | $1.5M | $0 | $0 | — | View 990 |
| 2018 | $1.3M | $1.3M | $0 | $0 | — | View 990 |
| 2017 | $1.2M | $1.2M | $0 | $0 | — | View 990 |
| 2016 | $1.2M | $1.2M | $0 | $0 | — | View 990 |
| 2014 | $773K | $773K | $0 | $0 | — | View 990 |
| 2013 | $687K | $687K | $0 | $0 | — | View 990 |
| 2012 | $534K | $534K | $0 | $0 | — | View 990 |
| 2011 | $325K | $325K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $0 (revenue +3.6% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $0 (revenue +21.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $0 (revenue -15.5% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $0 (revenue +1.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $0 (revenue +17.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $0 (revenue +7.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $0 (revenue -3.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $0 (revenue +59.8% year-over-year).
- 2014: Revenue of $773K, expenses of $773K, and assets of $0 (revenue +12.4% year-over-year).
- 2013: Revenue of $687K, expenses of $687K, and assets of $0 (revenue +28.8% year-over-year).
- 2012: Revenue of $534K, expenses of $534K, and assets of $0 (revenue +64.2% year-over-year).
- 2011: Revenue of $325K, expenses of $325K, and assets of $1.
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.