Oasis Of Hope Center
Oasis Of Hope Center consistently operates on thin margins with no reported officer compensation, deploying most revenue annually.
EIN: 202781312 · Grand Rapids, MI · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $320K |
| Total Expenses | $534K |
| Program Spending | 90% |
| Net Assets | $272K |
| Transparency Score | 85/100 |
Is Oasis Of Hope Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oasis Of Hope Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oasis Of Hope Center
Oasis Of Hope Center (EIN: 202781312) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code P20. The organization reported total revenue of $320K and total assets of $324K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oasis Of Hope Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oasis Of Hope Center is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $543K |
| Total Expenses | $534K |
| Surplus / Deficit | +$9K |
| Total Assets | $275K |
| Total Liabilities | $3K |
| Net Assets | $272K |
| Operating Margin | 1.7% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Oasis Of Hope Center reported a surplus of $9K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oasis Of Hope Center's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.2% | -14.2% | +3.5% |
| 2022 | +23.0% | +17.5% | +17.8% |
| 2021 | -5.2% | -5.7% | +4.4% |
| 2020 | -14.2% | -13.1% | +5.6% |
| 2019 | +24.8% | +22.8% | +9.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Oasis Of Hope Center with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Oasis Of Hope Center allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership may be volunteer-based or compensated through non-officer roles, which is highly favorable for directing funds to mission-related activities.
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 Of Hope Center's IRS 990 filings:
- Operating on very thin margins, with expenses consistently close to revenues, which could limit capacity for unexpected challenges or significant growth initiatives.
Strengths
The following positive indicators were identified for Oasis Of Hope Center:
- No reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Consistent financial operations over a decade, demonstrating stability and reliability.
- Low liabilities reported annually, indicating sound financial management and minimal debt.
- Modest but consistent growth in assets over time, building financial reserves.
- Regular and consistent IRS 990 filings, demonstrating transparency.
Frequently Asked Questions about Oasis Of Hope Center
Is Oasis Of Hope Center a legitimate charity?
Oasis Of Hope Center (EIN: 202781312) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $320K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Oasis Of Hope Center spend its money?
Oasis Of Hope Center directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Oasis Of Hope Center tax-deductible?
Oasis Of Hope Center is registered as a tax-exempt nonprofit (EIN: 202781312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oasis Of Hope Center's spending goes to programs?
Oasis Of Hope Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oasis Of Hope Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oasis Of Hope Center is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oasis Of Hope Center located?
Oasis Of Hope Center is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 202781312. It is classified under NTEE code P20.
How many years of IRS 990 filings does Oasis Of Hope Center have?
Oasis Of Hope Center has 13 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 $320K in total revenue.
Is Oasis Of Hope Center a good charity?
Based on the provided data, Oasis Of Hope Center appears to be a well-managed charity with a strong commitment to its mission, evidenced by consistent operations, low liabilities, and no reported officer compensation. Its ability to operate effectively on tight margins and grow assets modestly over time suggests financial prudence.
How does Oasis Of Hope Center manage its finances given its tight operating margins?
The organization consistently spends nearly all its revenue each year, indicating a lean operational model. The absence of officer compensation likely contributes significantly to its ability to direct funds towards its mission, allowing it to maintain operations and even modestly grow assets despite tight margins.
What is the trend in Oasis Of Hope Center's financial health?
Oasis Of Hope Center shows a stable financial trend. While revenues fluctuate, expenses closely follow, indicating consistent program delivery. Assets have shown a gradual increase from $176,209 in 2014 to $274,528 in 2023, suggesting a healthy, albeit slow, growth in financial capacity.
Filing History
IRS 990 filing history for Oasis Of Hope Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oasis Of Hope Center's revenue has declined by 1.4%, moving from $551K to $543K. Total assets increased by 40.8% over the same period, from $195K to $275K. Total functional expenses fell by 0.9%, from $539K to $534K. In its most recent filing year (2023), Oasis Of Hope Center reported a surplus of $9K, with revenue exceeding expenses. The organization holds $3K in liabilities against $275K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $272K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $543K | $534K | $275K | $3K | — | View 990 |
| 2022 | $664K | $622K | $265K | $2K | — | View 990 |
| 2021 | $540K | $530K | $225K | $6K | — | View 990 |
| 2020 | $569K | $562K | $215K | $6K | — | View 990 |
| 2019 | $663K | $647K | $204K | $2K | — | View 990 |
| 2018 | $531K | $527K | $187K | $393 | — | View 990 |
| 2017 | $543K | $548K | $180K | $4K | — | View 990 |
| 2016 | $640K | $677K | $187K | $6K | — | View 990 |
| 2015 | $701K | $654K | $222K | $4K | — | View 990 |
| 2014 | $705K | $699K | $176K | $5K | — | View 990 |
| 2013 | $828K | $836K | $176K | $11K | — | View 990 |
| 2012 | $741K | $745K | $188K | $15K | — | View 990 |
| 2011 | $551K | $539K | $195K | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $543K, expenses of $534K, and assets of $275K (revenue -18.2% year-over-year).
- 2022: Revenue of $664K, expenses of $622K, and assets of $265K (revenue +23.0% year-over-year).
- 2021: Revenue of $540K, expenses of $530K, and assets of $225K (revenue -5.2% year-over-year).
- 2020: Revenue of $569K, expenses of $562K, and assets of $215K (revenue -14.2% year-over-year).
- 2019: Revenue of $663K, expenses of $647K, and assets of $204K (revenue +24.8% year-over-year).
- 2018: Revenue of $531K, expenses of $527K, and assets of $187K (revenue -2.1% year-over-year).
- 2017: Revenue of $543K, expenses of $548K, and assets of $180K (revenue -15.2% year-over-year).
- 2016: Revenue of $640K, expenses of $677K, and assets of $187K (revenue -8.8% year-over-year).
- 2015: Revenue of $701K, expenses of $654K, and assets of $222K (revenue -0.4% year-over-year).
- 2014: Revenue of $705K, expenses of $699K, and assets of $176K (revenue -15.0% year-over-year).
- 2013: Revenue of $828K, expenses of $836K, and assets of $176K (revenue +11.9% year-over-year).
- 2012: Revenue of $741K, expenses of $745K, and assets of $188K (revenue +34.5% year-over-year).
- 2011: Revenue of $551K, expenses of $539K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oasis Of Hope Center:
Data Sources and Methodology
This transparency report for Oasis Of Hope Center 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.