Odd Fellows Holding Company Inc
Odd Fellows Holding Company Inc. consistently operates at a deficit, drawing down assets over the last decade.
EIN: 201424261 · Hopkinsville, KY · NTEE: L99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46K |
| Total Expenses | $75K |
| Program Spending | 75% |
| Net Assets | $285K |
| Transparency Score | 65/100 |
Is Odd Fellows Holding Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Odd Fellows Holding Company Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Odd Fellows Holding Company Inc
Odd Fellows Holding Company Inc (EIN: 201424261) is a nonprofit organization based in Hopkinsville, KY, classified under NTEE code L99. The organization reported total revenue of $46K and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Odd Fellows Holding Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Odd Fellows Holding Company Inc is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $75K |
| Surplus / Deficit | $-13,465 |
| Total Assets | $472K |
| Total Liabilities | $187K |
| Net Assets | $285K |
| Operating Margin | -22.0% |
| Debt-to-Asset Ratio | 39.6% |
| Months of Reserves | 75.9 months |
Financial Health Grade: B
In 2023, Odd Fellows Holding Company Inc reported a deficit of $13K with expenses exceeding revenue, holds 75.9 months of operating reserves (strong position), has a debt-to-asset ratio of 39.6% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.9% | +26.3% | -10.1% |
| 2022 | -7.3% | -3.1% | -4.5% |
| 2021 | +5.6% | +1.0% | -3.6% |
| 2020 | +0.9% | +5.0% | -2.6% |
| 2019 | +15.9% | -2.7% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Odd Fellows Holding Company 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: 75%
- fundraising: 5%
According to IRS 990 filings, Odd Fellows Holding Company Inc allocates its expenses as follows: admin: 20%, programs: 75%, fundraising: 5%. With 75% 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 39.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly favorable for resource allocation.
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 Odd Fellows Holding Company Inc's IRS 990 filings:
- Consistent deficit spending (e.g., $74,650 expenses vs. $61,185 revenue in 2023).
- Steady decline in total assets over the past decade (from $658,446 in 2014 to $471,967 in 2023).
Strengths
The following positive indicators were identified for Odd Fellows Holding Company Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds not allocated to executive salaries.
- Consistent filing history, demonstrating transparency and compliance with IRS requirements.
Frequently Asked Questions about Odd Fellows Holding Company Inc
Is Odd Fellows Holding Company Inc a legitimate charity?
Odd Fellows Holding Company Inc (EIN: 201424261) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $46K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Odd Fellows Holding Company Inc spend its money?
Odd Fellows Holding Company Inc directs 75% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Odd Fellows Holding Company Inc tax-deductible?
Odd Fellows Holding Company Inc is registered as a tax-exempt nonprofit (EIN: 201424261). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Odd Fellows Holding Company Inc's spending goes to programs?
Odd Fellows Holding Company Inc directs 75% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Odd Fellows Holding Company Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Odd Fellows Holding Company Inc is above average for NTEE category L99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Odd Fellows Holding Company Inc located?
Odd Fellows Holding Company Inc is headquartered in Hopkinsville, Kentucky and files with the IRS under EIN 201424261. It is classified under NTEE code L99.
How many years of IRS 990 filings does Odd Fellows Holding Company Inc have?
Odd Fellows Holding Company 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 $46K in total revenue.
What is the primary purpose of Odd Fellows Holding Company Inc. given its NTEE code L99 and financial structure?
The NTEE code L99 (Other Housing & Shelter) suggests a focus on housing or shelter-related activities. The 'Holding Company' in its name, combined with consistent asset decline and zero officer compensation, might indicate it manages assets for a larger fraternal organization or maintains specific properties, rather than directly delivering programs requiring significant staffing.
How does Odd Fellows Holding Company Inc. sustain its operations with consistent deficit spending?
The organization sustains operations by drawing down its assets, which have decreased from $658,446 in 2014 to $471,967 in 2023. This trend suggests that current expenses are being covered by liquidating or depreciating existing assets rather than through new revenue generation.
What are the implications of the declining asset base for the organization's long-term viability?
The consistent decline in assets, from $658,446 in 2014 to $471,967 in 2023, indicates a long-term sustainability challenge. If the trend of expenses exceeding revenue continues without a significant increase in income or reduction in spending, the organization's ability to maintain its operations or fulfill its mission will be compromised as its asset base diminishes.
Filing History
IRS 990 filing history for Odd Fellows Holding Company Inc showing financial trends over 13 years of public records:
Total assets decreased by 34.9% over the same period, from $725K to $472K. Total functional expenses rose by 238.4%, from $22K to $75K. In its most recent filing year (2023), Odd Fellows Holding Company Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $187K in liabilities against $472K in assets (debt-to-asset ratio: 39.6%), resulting in net assets of $285K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $75K | $472K | $187K | — | — |
| 2022 | $41K | $59K | $525K | $225K | — | View 990 |
| 2021 | $44K | $61K | $550K | $230K | — | — |
| 2020 | $41K | $60K | $570K | $234K | — | View 990 |
| 2019 | $41K | $58K | $585K | $238K | — | View 990 |
| 2018 | $35K | $59K | $598K | $242K | — | View 990 |
| 2017 | $0 | $22K | $592K | $0 | — | — |
| 2016 | $0 | $22K | $614K | $0 | — | View 990 |
| 2015 | $0 | $22K | $636K | $0 | — | View 990 |
| 2014 | $0 | $22K | $658K | $0 | — | View 990 |
| 2013 | $0 | $22K | $681K | $0 | — | View 990 |
| 2012 | $0 | $22K | $703K | $0 | — | View 990 |
| 2011 | $0 | $22K | $725K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $75K, and assets of $472K (revenue +50.9% year-over-year).
- 2022: Revenue of $41K, expenses of $59K, and assets of $525K (revenue -7.3% year-over-year).
- 2021: Revenue of $44K, expenses of $61K, and assets of $550K (revenue +5.6% year-over-year).
- 2020: Revenue of $41K, expenses of $60K, and assets of $570K (revenue +0.9% year-over-year).
- 2019: Revenue of $41K, expenses of $58K, and assets of $585K (revenue +15.9% year-over-year).
- 2018: Revenue of $35K, expenses of $59K, and assets of $598K.
- 2017: Revenue of $0, expenses of $22K, and assets of $592K.
- 2016: Revenue of $0, expenses of $22K, and assets of $614K.
- 2015: Revenue of $0, expenses of $22K, and assets of $636K.
- 2014: Revenue of $0, expenses of $22K, and assets of $658K.
- 2013: Revenue of $0, expenses of $22K, and assets of $681K.
- 2012: Revenue of $0, expenses of $22K, and assets of $703K.
- 2011: Revenue of $0, expenses of $22K, and assets of $725K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Odd Fellows Holding Company Inc:
Data Sources and Methodology
This transparency report for Odd Fellows Holding Company 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.