Ocf Foundation Inc I M M Foundation Inc
Ocf Foundation Inc I M M Foundation Inc shows consistent asset growth and zero officer compensation over a decade.
EIN: 136007727 · Alford, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $601K |
| Total Expenses | $146K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.8M |
| Transparency Score | 95/100 |
Is Ocf Foundation Inc I M M Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ocf Foundation Inc I M M Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ocf Foundation Inc I M M Foundation Inc
Ocf Foundation Inc I M M Foundation Inc (EIN: 136007727) is a nonprofit organization based in Alford, MA. The organization reported total revenue of $601K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ocf Foundation Inc I M M Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ocf Foundation Inc I M M Foundation Inc is a small nonprofit that has been operating for 84 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $364K |
| Total Expenses | $146K |
| Surplus / Deficit | +$217K |
| Total Assets | $2.8M |
| Total Liabilities | $1 |
| Net Assets | $2.8M |
| Operating Margin | 59.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 232.2 months |
Financial Health Grade: A
In 2023, Ocf Foundation Inc I M M Foundation Inc reported a surplus of $217K with revenue exceeding expenses, holds 232.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ocf Foundation Inc I M M Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +141.8% | -3.1% | +8.3% |
| 2022 | -58.2% | +8.9% | -0.2% |
| 2021 | +242.9% | +14.8% | +9.2% |
| 2020 | -33.4% | +7.2% | -0.7% |
| 2019 | +57.8% | +3.9% | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Ocf Foundation Inc I M M Foundation Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ocf Foundation Inc I M M Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $217K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
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 commendable for a nonprofit of its size with assets nearing $3 million.
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 Ocf Foundation Inc I M M Foundation Inc:
- Consistent asset growth, from $2.1M in 2011 to $2.8M in 2023.
- Zero officer compensation reported across all 10 filings, indicating volunteer leadership.
- Very low liabilities, consistently $1 or $0, demonstrating strong financial stability.
- Expenses are consistently lower than revenue in most recent periods (e.g., $146,390 expenses vs. $363,704 revenue in 2023).
- Strong financial health with a positive net income in many periods, contributing to asset accumulation.
Frequently Asked Questions about Ocf Foundation Inc I M M Foundation Inc
Is Ocf Foundation Inc I M M Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ocf Foundation Inc I M M Foundation Inc (EIN: 136007727) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Ocf Foundation Inc I M M Foundation Inc spend its money?
Ocf Foundation Inc I M M Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ocf Foundation Inc I M M Foundation Inc tax-deductible?
Ocf Foundation Inc I M M Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136007727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ocf Foundation Inc I M M Foundation Inc CEO make?
Ocf Foundation Inc I M M Foundation Inc's highest-compensated officer earns $3 annually. The organization reported $601K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Ocf Foundation Inc I M M Foundation Inc located?
Ocf Foundation Inc I M M Foundation Inc is headquartered in Alford, Massachusetts and files with the IRS under EIN 136007727.
How many years of IRS 990 filings does Ocf Foundation Inc I M M Foundation Inc have?
Ocf Foundation Inc I M M Foundation Inc has 10 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 $601K in total revenue.
Is Ocf Foundation Inc I M M Foundation Inc a good charity?
Based on the provided data, Ocf Foundation Inc I M M Foundation Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, very low expenses relative to revenue, and a commendable practice of having 0% officer compensation, suggesting a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved. Assets have grown from $2,101,958 in 2011 to $2,832,766 in 2023. Revenue has fluctuated but generally shows positive trends, and expenses have remained relatively low and stable, indicating prudent financial management.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none. All available filings show 0% officer compensation, indicating a volunteer-led structure that maximizes funds available for its charitable activities.
Filing History
IRS 990 filing history for Ocf Foundation Inc I M M Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ocf Foundation Inc I M M Foundation Inc's revenue has grown by 586.8%, moving from $53K to $364K. Total assets increased by 34.8% over the same period, from $2.1M to $2.8M. Total functional expenses rose by 59.7%, from $92K to $146K. In its most recent filing year (2023), Ocf Foundation Inc I M M Foundation Inc reported a surplus of $217K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $364K | $146K | $2.8M | $1 | — | — |
| 2022 | $150K | $151K | $2.6M | $1 | — | View 990 |
| 2021 | $360K | $139K | $2.6M | $1 | — | View 990 |
| 2020 | $105K | $121K | $2.4M | $1 | — | View 990 |
| 2019 | $157K | $113K | $2.4M | $1 | — | View 990 |
| 2015 | $100K | $108K | $2.2M | $1 | — | View 990 |
| 2014 | $255K | $98K | $2.2M | $1 | — | View 990 |
| 2013 | $129K | $95K | $2.1M | $1 | — | View 990 |
| 2012 | $30K | $92K | $2.0M | $1 | — | View 990 |
| 2011 | $53K | $92K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $364K, expenses of $146K, and assets of $2.8M (revenue +141.8% year-over-year).
- 2022: Revenue of $150K, expenses of $151K, and assets of $2.6M (revenue -58.2% year-over-year).
- 2021: Revenue of $360K, expenses of $139K, and assets of $2.6M (revenue +242.9% year-over-year).
- 2020: Revenue of $105K, expenses of $121K, and assets of $2.4M (revenue -33.4% year-over-year).
- 2019: Revenue of $157K, expenses of $113K, and assets of $2.4M (revenue +57.8% year-over-year).
- 2015: Revenue of $100K, expenses of $108K, and assets of $2.2M (revenue -60.8% year-over-year).
- 2014: Revenue of $255K, expenses of $98K, and assets of $2.2M (revenue +96.8% year-over-year).
- 2013: Revenue of $129K, expenses of $95K, and assets of $2.1M (revenue +335.1% year-over-year).
- 2012: Revenue of $30K, expenses of $92K, and assets of $2.0M (revenue -43.8% year-over-year).
- 2011: Revenue of $53K, expenses of $92K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ocf Foundation Inc I M M Foundation Inc:
Data Sources and Methodology
This transparency report for Ocf Foundation Inc I M M 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.