Ofallon Preservation Nfp
Ofallon Preservation Nfp maintains stable operations with consistent revenue growth, but liabilities consistently exceed assets.
EIN: 203859870 · Chicago, IL · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| Net Assets | $-605,646 |
| Transparency Score | 75/100 |
Is Ofallon Preservation Nfp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ofallon Preservation Nfp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ofallon Preservation Nfp
Ofallon Preservation Nfp (EIN: 203859870) is a nonprofit organization based in Chicago, IL, classified under NTEE code L22. The organization reported total revenue of $1.6M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ofallon Preservation Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ofallon Preservation Nfp is a mid-size 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 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$173K |
| Total Assets | $5.1M |
| Total Liabilities | $5.7M |
| Net Assets | $-605,646 |
| Operating Margin | 11.8% |
| Debt-to-Asset Ratio | 111.9% |
| Months of Reserves | 47.4 months |
Financial Health Grade: A
In 2023, Ofallon Preservation Nfp reported a surplus of $173K with revenue exceeding expenses, holds 47.4 months of operating reserves (strong position), has a debt-to-asset ratio of 111.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ofallon Preservation Nfp's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | +10.3% | +1.2% |
| 2022 | -10.6% | +5.9% | +0.7% |
| 2021 | +15.6% | -1.8% | +1.1% |
| 2020 | +0.1% | -5.6% | +0.2% |
| 2019 | +5.5% | -34.5% | -1.5% |
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 Ofallon Preservation Nfp with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ofallon Preservation Nfp allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $173K, with revenue exceeding expenses.
- Debt-to-asset ratio: 111.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is a positive sign for minimizing administrative overhead.
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 Ofallon Preservation Nfp's IRS 990 filings:
- Liabilities consistently exceed assets across all reported periods, indicating potential long-term financial obligations or reliance on debt (e.g., 2023 Liabilities: $5,710,372 vs. Assets: $5,104,726).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Ofallon Preservation Nfp:
- Consistent revenue generation, with revenues generally exceeding expenses in recent years (e.g., 2023 Revenue: $1,465,260 vs. Expenses: $1,292,203).
- Zero reported officer compensation across all 13 filings, suggesting a volunteer-led executive structure or efficient use of resources.
- Stable asset base around $5 million over the past decade, indicating consistent resource management.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Ofallon Preservation Nfp
Is Ofallon Preservation Nfp a legitimate charity?
Ofallon Preservation Nfp (EIN: 203859870) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Ofallon Preservation Nfp spend its money?
Ofallon Preservation Nfp directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ofallon Preservation Nfp tax-deductible?
Ofallon Preservation Nfp is registered as a tax-exempt nonprofit (EIN: 203859870). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ofallon Preservation Nfp's spending goes to programs?
Ofallon Preservation Nfp directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ofallon Preservation Nfp compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ofallon Preservation Nfp is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ofallon Preservation Nfp located?
Ofallon Preservation Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 203859870. It is classified under NTEE code L22.
How many years of IRS 990 filings does Ofallon Preservation Nfp have?
Ofallon Preservation Nfp 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 $1.6M in total revenue.
Is Ofallon Preservation Nfp a good charity?
Based on the available data, Ofallon Preservation Nfp shows financial stability with revenues generally covering expenses. The absence of officer compensation is a strong positive. However, a full assessment of 'goodness' would require more detailed expense breakdowns to confirm program efficiency and an understanding of the consistent asset-liability imbalance.
Why do liabilities consistently exceed assets?
The filings consistently show liabilities exceeding assets (e.g., 2023: Assets=$5,104,726, Liabilities=$5,710,372). This could indicate significant long-term debt, mortgages on properties, or other financial obligations. Further investigation into the nature of these liabilities would be necessary to understand their impact on the organization's financial health.
What is the organization's program spending efficiency?
Without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, it is not possible to precisely determine the program spending efficiency. The overall expense figures are available, but their allocation is not specified.
Filing History
IRS 990 filing history for Ofallon Preservation Nfp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ofallon Preservation Nfp's revenue has grown by 55.3%, moving from $943K to $1.5M. Total assets decreased by 8.5% over the same period, from $5.6M to $5.1M. Total functional expenses rose by 20.7%, from $1.1M to $1.3M. In its most recent filing year (2023), Ofallon Preservation Nfp reported a surplus of $173K, with revenue exceeding expenses. The organization holds $5.7M in liabilities against $5.1M in assets (debt-to-asset ratio: 111.9%), resulting in net assets of $-605,646.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.3M | $5.1M | $5.7M | — | — |
| 2022 | $1.2M | $1.2M | $5.0M | $5.8M | — | View 990 |
| 2021 | $1.4M | $1.1M | $5.0M | $5.8M | — | View 990 |
| 2020 | $1.2M | $1.1M | $5.0M | $6.1M | — | — |
| 2019 | $1.2M | $1.2M | $4.9M | $6.1M | — | View 990 |
| 2018 | $1.1M | $1.8M | $5.0M | $6.2M | — | View 990 |
| 2017 | $1.1M | $1.1M | $5.0M | $5.5M | — | — |
| 2016 | $1.0M | $1.1M | $5.2M | $5.6M | — | View 990 |
| 2015 | $1.0M | $1.1M | $5.3M | $5.7M | — | View 990 |
| 2014 | $993K | $1.1M | $5.5M | $5.7M | — | View 990 |
| 2013 | $1.1M | $1.2M | $5.5M | $5.7M | — | View 990 |
| 2012 | $982K | $1.0M | $5.5M | $5.6M | — | View 990 |
| 2011 | $943K | $1.1M | $5.6M | $5.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.3M, and assets of $5.1M (revenue +18.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $5.0M (revenue -10.6% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $5.0M (revenue +15.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $5.0M (revenue +0.1% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $4.9M (revenue +5.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.8M, and assets of $5.0M (revenue +4.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $5.0M (revenue +5.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $5.2M (revenue +2.4% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $5.3M (revenue +1.2% year-over-year).
- 2014: Revenue of $993K, expenses of $1.1M, and assets of $5.5M (revenue -11.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $5.5M (revenue +14.2% year-over-year).
- 2012: Revenue of $982K, expenses of $1.0M, and assets of $5.5M (revenue +4.1% year-over-year).
- 2011: Revenue of $943K, expenses of $1.1M, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ofallon Preservation Nfp:
Data Sources and Methodology
This transparency report for Ofallon Preservation Nfp 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.