Oconee Alliance Inc
Oconee Alliance Inc maintains consistent revenue and no reported officer compensation, with significant past asset and liability fluctuations.
EIN: 201556020 · Seneca, SC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $607K |
| Total Expenses | $483K |
| Program Spending | 85% |
| Net Assets | $732K |
| Transparency Score | 85/100 |
Is Oconee Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oconee Alliance Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oconee Alliance Inc
Oconee Alliance Inc (EIN: 201556020) is a nonprofit organization based in Seneca, SC, classified under NTEE code S41. The organization reported total revenue of $607K and total assets of $772K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oconee Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oconee Alliance Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $592K |
| Total Expenses | $483K |
| Surplus / Deficit | +$109K |
| Total Assets | $732K |
| Total Liabilities | $429 |
| Net Assets | $732K |
| Operating Margin | 18.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Oconee Alliance Inc reported a surplus of $109K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oconee Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.3% | -1.0% | +17.6% |
| 2022 | +34.7% | +7.0% | -20.1% |
| 2021 | -14.1% | +0.7% | -79.3% |
| 2020 | -9.1% | -19.2% | +2.4% |
| 2019 | -5.9% | -5.1% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Oconee Alliance Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Oconee Alliance Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $109K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Oconee Alliance Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its mission.
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 Oconee Alliance Inc's IRS 990 filings:
- Significant, unexplained fluctuations in assets and liabilities between 2018-2021 without further context.
Strengths
The following positive indicators were identified for Oconee Alliance Inc:
- Consistent operating surpluses in recent years (e.g., $109,324 surplus in 202312).
- No reported officer compensation across all filings, indicating high dedication of funds to mission.
- Stable revenue generation over the past decade, demonstrating financial resilience.
- Successful elimination of significant liabilities between 2020 and 2021.
Frequently Asked Questions about Oconee Alliance Inc
Is Oconee Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oconee Alliance Inc (EIN: 201556020) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Oconee Alliance Inc spend its money?
Oconee Alliance Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oconee Alliance Inc tax-deductible?
Oconee Alliance Inc is registered as a tax-exempt nonprofit (EIN: 201556020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oconee Alliance Inc's spending goes to programs?
Oconee Alliance Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oconee Alliance Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oconee Alliance Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oconee Alliance Inc located?
Oconee Alliance Inc is headquartered in Seneca, South Carolina and files with the IRS under EIN 201556020. It is classified under NTEE code S41.
How many years of IRS 990 filings does Oconee Alliance Inc have?
Oconee Alliance Inc 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 $607K in total revenue.
What caused the significant increase and subsequent decrease in assets and liabilities between 2018 and 2021?
The filings show assets peaking at $3,765,000 and liabilities at $2,995,000 in 2020, then dropping to $778,721 assets and $0 liabilities in 2021. Understanding the nature of these large financial movements, potentially related to a specific project or capital campaign, would provide greater clarity on the organization's financial strategy.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While overall expenses are provided, a detailed breakdown is not available in the summary data. This information is crucial for a comprehensive assessment of spending efficiency and how funds are allocated across different operational areas.
How does Oconee Alliance Inc manage its liabilities, given the past significant debt and its subsequent reduction to zero?
The organization successfully managed to reduce substantial liabilities from nearly $3 million to $0 between 2020 and 2021. Understanding the strategy and sources for this liability reduction would be beneficial for assessing financial risk management.
Filing History
IRS 990 filing history for Oconee Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oconee Alliance Inc's revenue has grown by 226.9%, moving from $181K to $592K. Total assets increased by 166.9% over the same period, from $274K to $732K. Total functional expenses rose by 62.3%, from $297K to $483K. In its most recent filing year (2023), Oconee Alliance Inc reported a surplus of $109K, with revenue exceeding expenses. The organization holds $429 in liabilities against $732K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $732K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $592K | $483K | $732K | $429 | — | — |
| 2022 | $625K | $487K | $622K | $0 | — | View 990 |
| 2021 | $464K | $455K | $779K | $0 | — | View 990 |
| 2020 | $540K | $452K | $3.8M | $3.0M | — | — |
| 2019 | $595K | $559K | $3.7M | $3.0M | — | View 990 |
| 2018 | $632K | $589K | $3.6M | $3.0M | — | View 990 |
| 2017 | $558K | $596K | $310K | $0 | — | View 990 |
| 2016 | $654K | $565K | $348K | $0 | — | View 990 |
| 2015 | $522K | $452K | $257K | $-2,524 | — | View 990 |
| 2014 | $293K | $283K | $212K | $23K | — | View 990 |
| 2013 | $65K | $111K | $180K | $0 | — | View 990 |
| 2012 | $98K | $146K | $225K | $0 | — | View 990 |
| 2011 | $181K | $297K | $274K | $19 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $592K, expenses of $483K, and assets of $732K (revenue -5.3% year-over-year).
- 2022: Revenue of $625K, expenses of $487K, and assets of $622K (revenue +34.7% year-over-year).
- 2021: Revenue of $464K, expenses of $455K, and assets of $779K (revenue -14.1% year-over-year).
- 2020: Revenue of $540K, expenses of $452K, and assets of $3.8M (revenue -9.1% year-over-year).
- 2019: Revenue of $595K, expenses of $559K, and assets of $3.7M (revenue -5.9% year-over-year).
- 2018: Revenue of $632K, expenses of $589K, and assets of $3.6M (revenue +13.3% year-over-year).
- 2017: Revenue of $558K, expenses of $596K, and assets of $310K (revenue -14.7% year-over-year).
- 2016: Revenue of $654K, expenses of $565K, and assets of $348K (revenue +25.2% year-over-year).
- 2015: Revenue of $522K, expenses of $452K, and assets of $257K (revenue +78.5% year-over-year).
- 2014: Revenue of $293K, expenses of $283K, and assets of $212K (revenue +348.1% year-over-year).
- 2013: Revenue of $65K, expenses of $111K, and assets of $180K (revenue -33.0% year-over-year).
- 2012: Revenue of $98K, expenses of $146K, and assets of $225K (revenue -46.2% year-over-year).
- 2011: Revenue of $181K, expenses of $297K, and assets of $274K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oconee Alliance Inc:
Data Sources and Methodology
This transparency report for Oconee Alliance 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.