Oasis Middle School Inc
Oasis Middle School Inc. faces recent operational deficits despite consistent asset growth and no reported officer compensation.
EIN: 205148564 · Bradenton, FL · NTEE: B25 · Updated: 2026-03-28
Is Oasis Middle School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oasis Middle School Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Oasis Middle School Inc
Oasis Middle School Inc (EIN: 205148564) is a nonprofit organization based in Bradenton, FL, classified under NTEE code B25. The organization reported total revenue of $738K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oasis Middle School Inc'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 Oasis Middle School Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Oasis Middle School Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Oasis Middle School Inc. consistently reports 0% officer compensation across all 11 available IRS 990 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of its size with over $700,000 in annual revenue.
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 Oasis Middle School Inc's IRS 990 filings:
- Recurring operational deficits in the last two fiscal years (2023 and 2022), where expenses significantly exceeded revenue.
- High liabilities relative to assets, with liabilities representing over 68% of total assets in 2023 ($1,568,705 out of $2,282,689).
Strengths
The following positive indicators were identified for Oasis Middle School Inc:
- Consistent and long-standing history of IRS 990 filings (11 filings), indicating good regulatory compliance and transparency.
- No reported officer compensation across all filings, suggesting a volunteer-led or highly efficient executive structure.
- Substantial asset base ($2,282,689 in 2023), providing a buffer despite recent deficits.
Frequently Asked Questions about Oasis Middle School Inc
Is Oasis Middle School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oasis Middle School Inc (EIN: 205148564) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Oasis Middle School Inc spend its money?
Oasis Middle School Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oasis Middle School Inc tax-deductible?
Oasis Middle School Inc is registered as a tax-exempt nonprofit (EIN: 205148564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Oasis Middle School Inc. financially stable?
The organization's financial stability is questionable given the operational deficits in the last two reported periods (2023 and 2022), where expenses significantly exceeded revenues. While assets are substantial, liabilities are also high, suggesting a need to address the recurring revenue-expense gap.
How does Oasis Middle School Inc. manage its executive compensation?
Oasis Middle School Inc. reports 0% officer compensation in all available filings, meaning no salaries or other compensation were paid to its officers, directors, trustees, or key employees. This is a notable aspect of its financial management.
What are the trends in Oasis Middle School Inc.'s revenue and expenses?
Revenue has fluctuated, peaking around $1.2 million in 2021 and declining to $618,844 in 2023. Expenses have remained relatively high, around $900,000-$960,000 in recent years, leading to deficits in 2022 and 2023 after periods of surplus.
What is the organization's asset-to-liability ratio?
In 2023, assets were $2,282,689 and liabilities were $1,568,705, resulting in an asset-to-liability ratio of approximately 1.45:1. This indicates that while assets exceed liabilities, a significant portion of assets is offset by debt or other obligations.
Filing History
IRS 990 filing history for Oasis Middle School Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Oasis Middle School Inc's revenue has declined by 4.5%, moving from $648K to $619K. Total assets increased by 1352.1% over the same period, from $157K to $2.3M. Total functional expenses rose by 49.5%, from $645K to $965K. In its most recent filing year (2023), Oasis Middle School Inc reported a deficit of $346K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $2.3M in assets (debt-to-asset ratio: 68.7%), resulting in net assets of $714K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $619K | $965K | $2.3M | $1.6M | — | View 990 |
| 2022 | $781K | $969K | $2.5M | $1.4M | — | View 990 |
| 2021 | $1.2M | $912K | $2.7M | $1.5M | — | View 990 |
| 2020 | $1.2M | $801K | $2.5M | $1.6M | — | View 990 |
| 2019 | $1.0M | $901K | $2.2M | $1.6M | — | View 990 |
| 2018 | $997K | $867K | $590K | $136K | — | View 990 |
| 2017 | $941K | $812K | $435K | $111K | — | View 990 |
| 2016 | $810K | $773K | $337K | $142K | — | View 990 |
| 2015 | $811K | $796K | $240K | $82K | — | View 990 |
| 2014 | $797K | $722K | $232K | $88K | — | View 990 |
| 2013 | $648K | $645K | $157K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $619K, expenses of $965K, and assets of $2.3M (revenue -20.8% year-over-year).
- 2022: Revenue of $781K, expenses of $969K, and assets of $2.5M (revenue -35.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $912K, and assets of $2.7M (revenue +5.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $801K, and assets of $2.5M (revenue +9.9% year-over-year).
- 2019: Revenue of $1.0M, expenses of $901K, and assets of $2.2M (revenue +5.0% year-over-year).
- 2018: Revenue of $997K, expenses of $867K, and assets of $590K (revenue +6.0% year-over-year).
- 2017: Revenue of $941K, expenses of $812K, and assets of $435K (revenue +16.1% year-over-year).
- 2016: Revenue of $810K, expenses of $773K, and assets of $337K (revenue -0.1% year-over-year).
- 2015: Revenue of $811K, expenses of $796K, and assets of $240K (revenue +1.7% year-over-year).
- 2014: Revenue of $797K, expenses of $722K, and assets of $232K (revenue +23.1% year-over-year).
- 2013: Revenue of $648K, expenses of $645K, and assets of $157K.
Data Sources and Methodology
This transparency report for Oasis Middle School Inc 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.