Oea Awards Inc
Oea Awards Inc. operates as a small, volunteer-run nonprofit with stable finances and no reported officer compensation.
EIN: 205615457 · Omaha, NE · NTEE: A196 · Updated: 2026-03-28
Is Oea Awards Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oea Awards Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oea Awards Inc
Oea Awards Inc (EIN: 205615457) is a nonprofit organization based in Omaha, NE, classified under NTEE code A196. The organization reported total revenue of $67K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oea Awards Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oea Awards 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: 90%
- fundraising: 0%
According to IRS 990 filings, Oea Awards 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.
Executive Compensation Analysis
Oea Awards Inc. reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This is a significant factor for a small organization, as it directs more resources towards its mission rather than executive 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.
Strengths
The following positive indicators were identified for Oea Awards Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient resource allocation.
- Stable financial health with assets generally exceeding liabilities.
- Consistent filing of IRS Form 990s over a decade, demonstrating transparency.
- Low operational overhead due to volunteer-based structure.
Frequently Asked Questions about Oea Awards Inc
Is Oea Awards Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oea Awards Inc (EIN: 205615457) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Oea Awards Inc spend its money?
Oea Awards Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oea Awards Inc tax-deductible?
Oea Awards Inc is registered as a tax-exempt nonprofit (EIN: 205615457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Oea Awards Inc. a good charity?
Based on the available data, Oea Awards Inc. appears to be a good charity, especially for its size. It consistently reports 0% officer compensation, suggesting a strong volunteer commitment and efficient use of funds. Its financial health is stable, with assets generally exceeding liabilities.
How does Oea Awards Inc. manage its expenses?
Oea Awards Inc. manages its expenses within its revenue capacity for most years. For instance, in 2021, expenses were $9,108 against revenues of $10,852. The absence of officer compensation suggests a lean operational model, likely maximizing funds for its stated purpose.
What is the trend in Oea Awards Inc.'s revenue?
Oea Awards Inc.'s revenue has fluctuated over the years, ranging from a low of $5,539 in 2020 to a high of $17,611 in 2015. The latest reported revenue of $67,401 (not tied to a specific period in the filing history provided, but stated as 'Latest Revenue') indicates a significant recent increase compared to its historical annual revenues.
Filing History
IRS 990 filing history for Oea Awards Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2021), Oea Awards Inc's revenue has declined by 25%, moving from $14K to $11K. Total assets increased by 5342.5% over the same period, from $80 to $4K. Total functional expenses fell by 41.3%, from $16K to $9K. In its most recent filing year (2021), Oea Awards Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $11K | $9K | $4K | $0 | — | — |
| 2020 | $6K | $5K | $3K | $0 | — | View 990 |
| 2019 | $6K | $11K | $2K | $0 | — | View 990 |
| 2018 | $13K | $11K | $7K | $0 | — | View 990 |
| 2017 | $8K | $12K | $5K | $0 | — | View 990 |
| 2016 | $15K | $16K | $3K | $0 | — | View 990 |
| 2015 | $18K | $18K | $4K | $195 | — | View 990 |
| 2014 | $16K | $14K | $4K | $195 | — | View 990 |
| 2013 | $14K | $13K | $1K | $196 | — | View 990 |
| 2012 | $14K | $16K | $80 | $233 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $11K, expenses of $9K, and assets of $4K (revenue +95.9% year-over-year).
- 2020: Revenue of $6K, expenses of $5K, and assets of $3K (revenue -13.0% year-over-year).
- 2019: Revenue of $6K, expenses of $11K, and assets of $2K (revenue -51.3% year-over-year).
- 2018: Revenue of $13K, expenses of $11K, and assets of $7K (revenue +57.5% year-over-year).
- 2017: Revenue of $8K, expenses of $12K, and assets of $5K (revenue -45.6% year-over-year).
- 2016: Revenue of $15K, expenses of $16K, and assets of $3K (revenue -13.3% year-over-year).
- 2015: Revenue of $18K, expenses of $18K, and assets of $4K (revenue +7.2% year-over-year).
- 2014: Revenue of $16K, expenses of $14K, and assets of $4K (revenue +13.5% year-over-year).
- 2013: Revenue of $14K, expenses of $13K, and assets of $1K (revenue +-0.0% year-over-year).
- 2012: Revenue of $14K, expenses of $16K, and assets of $80.
Data Sources and Methodology
This transparency report for Oea Awards 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.