Ohio Educare Inc
EIN: 882306443 · Dundee, OH · NTEE: B82
Is Ohio Educare Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ohio Educare Inc
Ohio Educare Inc (EIN: 882306443) is a nonprofit organization based in Dundee, OH, classified under NTEE code B82. The organization reported total revenue of $1.7M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ohio Educare Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ohio Educare Inc is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 361.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $173K |
| Surplus / Deficit | +$966K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 84.8% |
| Months of Reserves | 83.0 months |
Financial Health Grade: A
In 2024, Ohio Educare Inc reported a surplus of $966K with revenue exceeding expenses, holds 83.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2023–2024), Ohio Educare Inc's revenue has grown at a compound annual growth rate (CAGR) of 361.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +361.7% | +895.3% | +421.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ohio Educare Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ohio Educare Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $966K, with revenue exceeding expenses.
Frequently Asked Questions about Ohio Educare Inc
Is Ohio Educare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ohio Educare Inc (EIN: 882306443) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ohio Educare Inc spend its money?
Detailed spending breakdown data is not yet available for Ohio Educare Inc. Check back for updated IRS 990 analysis.
Are donations to Ohio Educare Inc tax-deductible?
Ohio Educare Inc is registered as a tax-exempt nonprofit (EIN: 882306443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ohio Educare Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Ohio Educare Inc's revenue has grown by 361.7%, moving from $247K to $1.1M. Total assets increased by 421.3% over the same period, from $229K to $1.2M. Total functional expenses rose by 895.3%, from $17K to $173K. In its most recent filing year (2024), Ohio Educare Inc reported a surplus of $966K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $173K | $1.2M | $0 | — | — |
| 2023 | $247K | $17K | $229K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Ohio Educare 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.