Odell Recreation Sports Association
Odell Recreation Sports Association shows fluctuating finances with recent deficits and unusual zero asset reporting.
EIN: 204030656 · Concord, NC · NTEE: O50 · Updated: 2026-03-28
Is Odell Recreation Sports Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Odell Recreation Sports Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Odell Recreation Sports Association
Odell Recreation Sports Association (EIN: 204030656) is a nonprofit organization based in Concord, NC, classified under NTEE code O50. The organization reported total revenue of $756K and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Odell Recreation Sports Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Odell Recreation Sports Association is a small nonprofit that has been operating for 6 years, with 7 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $514K |
| Total Expenses | $614K |
| Surplus / Deficit | $-100,613 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -19.6% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Odell Recreation Sports Association reported a deficit of $101K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2012–2023), Odell Recreation Sports Association's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.1% | +163.1% | — |
| 2021 | +242.0% | +24.2% | — |
| 2020 | -71.9% | -34.6% | -100.0% |
| 2018 | +17.3% | +2.0% | +152.6% |
| 2017 | +34.0% | +26.9% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
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 Odell Recreation Sports Association with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Odell Recreation Sports Association 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 deficit of $101K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation is not reported under this specific category, which is a positive for minimizing overhead related to leadership salaries.
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 Odell Recreation Sports Association's IRS 990 filings:
- Consistent reporting of $0 assets and liabilities in recent filings (2020, 2021, 2023) is unusual and may indicate incomplete financial reporting.
- Significant financial deficit in 2023 ($100,613), where expenses exceeded revenue, raising questions about financial sustainability.
- Lack of detailed expense breakdown makes it difficult to assess spending efficiency and program allocation.
Strengths
The following positive indicators were identified for Odell Recreation Sports Association:
- No reported officer compensation across all filings, indicating a potentially volunteer-led organization or very low leadership overhead.
- Demonstrated ability to generate substantial revenue, with latest reported revenue at $755,922, showing community support.
- Mission-focused on recreation and sports, aligning with community well-being.
Frequently Asked Questions about Odell Recreation Sports Association
Is Odell Recreation Sports Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Odell Recreation Sports Association (EIN: 204030656) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Odell Recreation Sports Association spend its money?
Odell Recreation Sports Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Odell Recreation Sports Association tax-deductible?
Odell Recreation Sports Association is registered as a tax-exempt nonprofit (EIN: 204030656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why are assets and liabilities consistently reported as $0 in recent filings?
The consistent reporting of $0 for assets and liabilities in the 2020, 2021, and 2023 filings is unusual for an active organization and could indicate a unique operational structure, incomplete reporting, or that assets are held by a related entity. This warrants further investigation to understand the organization's true financial position.
What is the breakdown of expenses, particularly program vs. administrative costs?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to assess the organization's spending efficiency. Understanding the proportion of funds directly supporting programs versus administrative and fundraising costs is crucial for evaluating impact.
How does the organization manage periods of significant deficits, such as the $100,613 deficit in 2023?
The organization experienced a substantial deficit in 2023 (expenses of $614,266 against revenues of $513,653). Understanding how these deficits are covered and what strategies are in place to ensure long-term financial stability is important.
Filing History
IRS 990 filing history for Odell Recreation Sports Association showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2023), Odell Recreation Sports Association's revenue has grown by 114.7%, moving from $239K to $514K. Total assets decreased by 100% over the same period, from $45K to $0. Total functional expenses rose by 173.4%, from $225K to $614K. In its most recent filing year (2023), Odell Recreation Sports Association reported a deficit of $101K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $514K | $614K | $0 | $0 | — | — |
| 2021 | $342K | $233K | $0 | $0 | — | View 990 |
| 2020 | $100K | $188K | $0 | $0 | — | View 990 |
| 2018 | $356K | $287K | $114K | $0 | — | — |
| 2017 | $304K | $282K | $45K | $0 | — | — |
| 2013 | $227K | $222K | $49K | $0 | — | View 990 |
| 2012 | $239K | $225K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $514K, expenses of $614K, and assets of $0 (revenue +50.1% year-over-year).
- 2021: Revenue of $342K, expenses of $233K, and assets of $0 (revenue +242.0% year-over-year).
- 2020: Revenue of $100K, expenses of $188K, and assets of $0 (revenue -71.9% year-over-year).
- 2018: Revenue of $356K, expenses of $287K, and assets of $114K (revenue +17.3% year-over-year).
- 2017: Revenue of $304K, expenses of $282K, and assets of $45K (revenue +34.0% year-over-year).
- 2013: Revenue of $227K, expenses of $222K, and assets of $49K (revenue -5.2% year-over-year).
- 2012: Revenue of $239K, expenses of $225K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Odell Recreation Sports Association:
Data Sources and Methodology
This transparency report for Odell Recreation Sports Association 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.