Ocamora Foundation Inc
EIN: 850301121 · Ocate, NM · NTEE: B99Z
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $80K |
| Net Assets | $80K |
Is Ocamora Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ocamora Foundation Inc
Ocamora Foundation Inc (EIN: 850301121) is a nonprofit organization based in Ocate, NM, classified under NTEE code B99Z. The organization reported total revenue of $115K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocamora Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ocamora Foundation Inc is a small nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $80K |
| Surplus / Deficit | +$14K |
| Total Assets | $80K |
| Net Assets | $80K |
| Operating Margin | 14.8% |
| Months of Reserves | 12.0 months |
Financial Health Grade: A
In 2023, Ocamora Foundation Inc reported a surplus of $14K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2010–2023), Ocamora Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.2% | +59.4% | +21.1% |
| 2022 | -20.0% | -35.0% | +30.7% |
| 2019 | +1.0% | +0.1% | +26.0% |
| 2018 | +11.7% | -6.7% | +28.9% |
| 2017 | -1.1% | +1.7% | -22.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ocamora Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ocamora Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
Frequently Asked Questions about Ocamora Foundation Inc
Is Ocamora Foundation Inc a legitimate charity?
Ocamora Foundation Inc (EIN: 850301121) is a registered tax-exempt nonprofit based in New Mexico. It has 12 years of IRS 990 filings on record. Total revenue: $115K. No red flags identified. Financial health grade: A.
How does Ocamora Foundation Inc spend its money?
Ocamora Foundation Inc reported $115K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ocamora Foundation Inc tax-deductible?
Ocamora Foundation Inc is registered as a tax-exempt nonprofit (EIN: 850301121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ocamora Foundation Inc located?
Ocamora Foundation Inc is headquartered in Ocate, New Mexico and files with the IRS under EIN 850301121. It is classified under NTEE code B99Z.
How many years of IRS 990 filings does Ocamora Foundation Inc have?
Ocamora Foundation Inc has 12 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 $115K in total revenue.
Filing History
IRS 990 filing history for Ocamora Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), Ocamora Foundation Inc's revenue has grown by 10.2%, moving from $86K to $94K. Total assets increased by 141.3% over the same period, from $33K to $80K. Total functional expenses rose by 0.4%, from $80K to $80K. In its most recent filing year (2023), Ocamora Foundation Inc reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $80K | $80K | $0 | — | — |
| 2022 | $70K | $50K | $66K | $0 | — | View 990 |
| 2019 | $88K | $78K | $51K | $146 | — | View 990 |
| 2018 | $87K | $77K | $40K | $0 | — | View 990 |
| 2017 | $78K | $83K | $31K | $0 | — | View 990 |
| 2016 | $79K | $82K | $40K | $0 | — | View 990 |
| 2015 | $97K | $88K | $37K | $0 | — | View 990 |
| 2014 | $90K | $73K | $35K | $0 | — | View 990 |
| 2013 | $70K | $73K | $17K | $0 | — | View 990 |
| 2012 | $62K | $71K | $18K | $0 | — | View 990 |
| 2011 | $59K | $65K | $27K | $0 | — | View 990 |
| 2010 | $86K | $80K | $33K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $80K, and assets of $80K (revenue +34.2% year-over-year).
- 2022: Revenue of $70K, expenses of $50K, and assets of $66K (revenue -20.0% year-over-year).
- 2019: Revenue of $88K, expenses of $78K, and assets of $51K (revenue +1.0% year-over-year).
- 2018: Revenue of $87K, expenses of $77K, and assets of $40K (revenue +11.7% year-over-year).
- 2017: Revenue of $78K, expenses of $83K, and assets of $31K (revenue -1.1% year-over-year).
- 2016: Revenue of $79K, expenses of $82K, and assets of $40K (revenue -18.8% year-over-year).
- 2015: Revenue of $97K, expenses of $88K, and assets of $37K (revenue +8.4% year-over-year).
- 2014: Revenue of $90K, expenses of $73K, and assets of $35K (revenue +27.5% year-over-year).
- 2013: Revenue of $70K, expenses of $73K, and assets of $17K (revenue +12.6% year-over-year).
- 2012: Revenue of $62K, expenses of $71K, and assets of $18K (revenue +6.2% year-over-year).
- 2011: Revenue of $59K, expenses of $65K, and assets of $27K (revenue -31.4% year-over-year).
- 2010: Revenue of $86K, expenses of $80K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ocamora Foundation Inc:
Data Sources and Methodology
This transparency report for Ocamora Foundation 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.