Oakway Rescue Squad
Oakway Rescue Squad maintains strong asset reserves and operates with no reported officer compensation.
EIN: 201653205 · Fair Play, SC · NTEE: M23 · Updated: 2026-03-28
Is Oakway Rescue Squad Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oakway Rescue Squad directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oakway Rescue Squad
Oakway Rescue Squad (EIN: 201653205) is a nonprofit organization based in Fair Play, SC, classified under NTEE code M23. The organization reported total revenue of $45K and total assets of $319K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oakway Rescue Squad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oakway Rescue Squad 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Oakway Rescue Squad allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with annual revenues typically under $70,000.
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.
Strengths
The following positive indicators were identified for Oakway Rescue Squad:
- Strong asset base relative to expenses (e.g., $318,284 assets vs. $34,178 expenses in 2023).
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and high efficiency.
- Stable and low liabilities across multiple filing periods ($95 or $0).
- Consistent filing of IRS 990s, demonstrating transparency.
- Ability to maintain operations and grow assets despite fluctuating annual revenues.
Frequently Asked Questions about Oakway Rescue Squad
Is Oakway Rescue Squad a legitimate charity?
Based on AI analysis of IRS 990 filings, Oakway Rescue Squad (EIN: 201653205) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Oakway Rescue Squad spend its money?
Oakway Rescue Squad directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oakway Rescue Squad tax-deductible?
Oakway Rescue Squad is registered as a tax-exempt nonprofit (EIN: 201653205). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Oakway Rescue Squad a good charity?
Based on the available financial data, Oakway Rescue Squad appears to be a very good charity. It maintains strong financial reserves, operates with no reported officer compensation, and consistently files its IRS 990s, indicating transparency and responsible governance.
How has Oakway Rescue Squad's financial health changed over the last decade?
Over the last decade, Oakway Rescue Squad has demonstrated consistent financial stability and growth in assets. Its assets have increased from $270,110 in 2013 to $318,284 in 2023, while maintaining low liabilities and managing fluctuating revenues effectively.
What is the organization's approach to executive compensation?
Oakway Rescue Squad's approach to executive compensation is highly efficient, as all available filings report 0% officer compensation, suggesting a volunteer-led executive team.
Filing History
IRS 990 filing history for Oakway Rescue Squad showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Oakway Rescue Squad's revenue has declined by 1.5%, moving from $48K to $47K. Total assets increased by 35.2% over the same period, from $235K to $318K. Total functional expenses fell by 26.7%, from $47K to $34K. In its most recent filing year (2023), Oakway Rescue Squad reported a surplus of $13K, with revenue exceeding expenses. The organization holds $95 in liabilities against $318K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $318K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $47K | $34K | $318K | $95 | — | View 990 |
| 2022 | $70K | $37K | $305K | $95 | — | View 990 |
| 2021 | $33K | $38K | $272K | $95 | — | — |
| 2020 | $15K | $29K | $274K | $95 | — | — |
| 2019 | $69K | $54K | $287K | $95 | — | View 990 |
| 2018 | $14K | $32K | $271K | $0 | — | View 990 |
| 2017 | $59K | $48K | $288K | $162 | — | View 990 |
| 2016 | $30K | $38K | $276K | $0 | — | View 990 |
| 2014 | $50K | $38K | $282K | $0 | — | View 990 |
| 2013 | $49K | $38K | $270K | $0 | — | View 990 |
| 2012 | $61K | $35K | $259K | $0 | — | View 990 |
| 2011 | $40K | $43K | $232K | $0 | — | View 990 |
| 2010 | $48K | $47K | $235K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47K, expenses of $34K, and assets of $318K (revenue -32.6% year-over-year).
- 2022: Revenue of $70K, expenses of $37K, and assets of $305K (revenue +112.8% year-over-year).
- 2021: Revenue of $33K, expenses of $38K, and assets of $272K (revenue +114.8% year-over-year).
- 2020: Revenue of $15K, expenses of $29K, and assets of $274K (revenue -77.7% year-over-year).
- 2019: Revenue of $69K, expenses of $54K, and assets of $287K (revenue +401.3% year-over-year).
- 2018: Revenue of $14K, expenses of $32K, and assets of $271K (revenue -77.0% year-over-year).
- 2017: Revenue of $59K, expenses of $48K, and assets of $288K (revenue +97.4% year-over-year).
- 2016: Revenue of $30K, expenses of $38K, and assets of $276K (revenue -39.5% year-over-year).
- 2014: Revenue of $50K, expenses of $38K, and assets of $282K (revenue +1.6% year-over-year).
- 2013: Revenue of $49K, expenses of $38K, and assets of $270K (revenue -20.2% year-over-year).
- 2012: Revenue of $61K, expenses of $35K, and assets of $259K (revenue +55.3% year-over-year).
- 2011: Revenue of $40K, expenses of $43K, and assets of $232K (revenue -17.3% year-over-year).
- 2010: Revenue of $48K, expenses of $47K, and assets of $235K.
Data Sources and Methodology
This transparency report for Oakway Rescue Squad 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.