Oil Center Renaissance Association
EIN: 721257087 · Lafayette, LA
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $26K |
| Net Assets | $37K |
Is Oil Center Renaissance Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oil Center Renaissance Association
Oil Center Renaissance Association (EIN: 721257087) is a nonprofit organization based in Lafayette, LA. The organization reported total revenue of $106K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oil Center Renaissance Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oil Center Renaissance Association is a small nonprofit that has been operating for 30 years, with 9 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -10.2%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $26K |
| Surplus / Deficit | +$9K |
| Total Assets | $48K |
| Total Liabilities | $11K |
| Net Assets | $37K |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 22.6% |
| Months of Reserves | 22.0 months |
Financial Health Grade: A
In 2018, Oil Center Renaissance Association reported a surplus of $9K with revenue exceeding expenses, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 22.6% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2018), Oil Center Renaissance Association's revenue has declined at a compound annual growth rate (CAGR) of -10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -37.1% | +10.3% | +24.3% |
| 2017 | +67.9% | -28.3% | +70.0% |
| 2017 | -15.8% | -45.5% | -16.0% |
| 2016 | -36.0% | -2.6% | -35.0% |
| 2015 | +2.2% | +2.8% | +112.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oil Center Renaissance Association 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 Oil Center Renaissance Association 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.6%.
Frequently Asked Questions about Oil Center Renaissance Association
Is Oil Center Renaissance Association a legitimate charity?
Oil Center Renaissance Association (EIN: 721257087) is a registered tax-exempt nonprofit based in Louisiana. It has 9 years of IRS 990 filings on record. Total revenue: $106K. No red flags identified. Financial health grade: A.
How does Oil Center Renaissance Association spend its money?
Oil Center Renaissance Association reported $106K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oil Center Renaissance Association tax-deductible?
Oil Center Renaissance Association is registered as a tax-exempt nonprofit (EIN: 721257087). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oil Center Renaissance Association located?
Oil Center Renaissance Association is headquartered in Lafayette, Louisiana and files with the IRS under EIN 721257087.
How many years of IRS 990 filings does Oil Center Renaissance Association have?
Oil Center Renaissance Association has 9 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 $106K in total revenue.
Filing History
IRS 990 filing history for Oil Center Renaissance Association showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2018), Oil Center Renaissance Association's revenue has declined by 53%, moving from $75K to $35K. Total assets decreased by 27.4% over the same period, from $66K to $48K. Total functional expenses fell by 51.1%, from $53K to $26K. In its most recent filing year (2018), Oil Center Renaissance Association reported a surplus of $9K, with revenue exceeding expenses. The organization holds $11K in liabilities against $48K in assets (debt-to-asset ratio: 22.6%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $35K | $26K | $48K | $11K | — | View 990 |
| 2017 | $56K | $24K | $38K | $11K | — | View 990 |
| 2017 | $34K | $33K | $23K | $28K | — | View 990 |
| 2016 | $40K | $61K | $27K | $33K | — | View 990 |
| 2015 | $62K | $62K | $41K | $53K | — | View 990 |
| 2014 | $61K | $61K | $20K | $31K | — | View 990 |
| 2013 | $65K | $74K | $19K | $31K | — | View 990 |
| 2012 | $71K | $74K | $24K | $27K | — | View 990 |
| 2011 | $75K | $53K | $66K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $35K, expenses of $26K, and assets of $48K (revenue -37.1% year-over-year).
- 2017: Revenue of $56K, expenses of $24K, and assets of $38K (revenue +67.9% year-over-year).
- 2017: Revenue of $34K, expenses of $33K, and assets of $23K (revenue -15.8% year-over-year).
- 2016: Revenue of $40K, expenses of $61K, and assets of $27K (revenue -36.0% year-over-year).
- 2015: Revenue of $62K, expenses of $62K, and assets of $41K (revenue +2.2% year-over-year).
- 2014: Revenue of $61K, expenses of $61K, and assets of $20K (revenue -6.4% year-over-year).
- 2013: Revenue of $65K, expenses of $74K, and assets of $19K (revenue -8.0% year-over-year).
- 2012: Revenue of $71K, expenses of $74K, and assets of $24K (revenue -6.0% year-over-year).
- 2011: Revenue of $75K, expenses of $53K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oil Center Renaissance Association:
Data Sources and Methodology
This transparency report for Oil Center Renaissance 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.