Oil Region Alliance Of Business Industry & Tourism
EIN: 251118284 · Oil City, PA · NTEE: S21
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Net Assets | $3.3M |
Is Oil Region Alliance Of Business Industry & Tourism Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oil Region Alliance Of Business Industry & Tourism
Oil Region Alliance Of Business Industry & Tourism (EIN: 251118284) is a nonprofit organization based in Oil City, PA, classified under NTEE code S21. The organization reported total revenue of $1.7M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oil Region Alliance Of Business Industry & Tourism's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oil Region Alliance Of Business Industry & Tourism is a mid-size nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$147K |
| Total Assets | $6.5M |
| Total Liabilities | $3.1M |
| Net Assets | $3.3M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 48.2% |
| Months of Reserves | 49.2 months |
Financial Health Grade: A
In 2023, Oil Region Alliance Of Business Industry & Tourism reported a surplus of $147K with revenue exceeding expenses, holds 49.2 months of operating reserves (strong position), has a debt-to-asset ratio of 48.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Oil Region Alliance Of Business Industry & Tourism's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.6% | +20.6% | +17.5% |
| 2022 | -24.9% | +6.1% | +13.2% |
| 2021 | +69.4% | +14.1% | +7.5% |
| 2020 | -32.3% | -20.6% | +11.8% |
| 2019 | +6.6% | +11.3% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oil Region Alliance Of Business Industry & Tourism 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 Region Alliance Of Business Industry & Tourism 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $147K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.2%.
Frequently Asked Questions about Oil Region Alliance Of Business Industry & Tourism
Is Oil Region Alliance Of Business Industry & Tourism a legitimate charity?
Based on AI analysis of IRS 990 filings, Oil Region Alliance Of Business Industry & Tourism (EIN: 251118284) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oil Region Alliance Of Business Industry & Tourism spend its money?
Detailed spending breakdown data is not yet available for Oil Region Alliance Of Business Industry & Tourism. Check back for updated IRS 990 analysis.
Are donations to Oil Region Alliance Of Business Industry & Tourism tax-deductible?
Oil Region Alliance Of Business Industry & Tourism is registered as a tax-exempt nonprofit (EIN: 251118284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oil Region Alliance Of Business Industry & Tourism located?
Oil Region Alliance Of Business Industry & Tourism is headquartered in Oil City, Pennsylvania and files with the IRS under EIN 251118284. It is classified under NTEE code S21.
How many years of IRS 990 filings does Oil Region Alliance Of Business Industry & Tourism have?
Oil Region Alliance Of Business Industry & Tourism has 14 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Oil Region Alliance Of Business Industry & Tourism showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Oil Region Alliance Of Business Industry & Tourism's revenue has declined by 24.1%, moving from $2.3M to $1.7M. Total assets increased by 67.9% over the same period, from $3.8M to $6.5M. Total functional expenses fell by 31%, from $2.3M to $1.6M. In its most recent filing year (2023), Oil Region Alliance Of Business Industry & Tourism reported a surplus of $147K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $6.5M in assets (debt-to-asset ratio: 48.2%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $6.5M | $3.1M | — | View 990 |
| 2022 | $1.3M | $1.3M | $5.5M | $2.3M | — | View 990 |
| 2021 | $1.7M | $1.2M | $4.9M | $1.6M | — | View 990 |
| 2020 | $1.0M | $1.1M | $4.5M | $1.8M | — | View 990 |
| 2019 | $1.5M | $1.4M | $4.0M | $1.2M | — | View 990 |
| 2018 | $1.4M | $1.2M | $4.3M | $1.6M | — | View 990 |
| 2017 | $1.3M | $1.1M | $2.9M | $1.7M | — | View 990 |
| 2016 | $1.4M | $1.1M | $2.9M | $1.8M | — | View 990 |
| 2015 | $1.2M | $1.1M | $2.8M | $2.0M | — | View 990 |
| 2014 | $1.1M | $1.1M | $2.5M | $1.8M | — | View 990 |
| 2013 | $2.0M | $2.3M | $2.3M | $1.5M | — | View 990 |
| 2012 | $1.7M | $2.2M | $2.1M | $976K | — | View 990 |
| 2011 | $991K | $2.0M | $2.5M | $950K | — | View 990 |
| 2010 | $2.3M | $2.3M | $3.8M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $6.5M (revenue +33.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $5.5M (revenue -24.9% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.2M, and assets of $4.9M (revenue +69.4% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $4.5M (revenue -32.3% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $4.0M (revenue +6.6% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $4.3M (revenue +10.7% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $2.9M (revenue -8.0% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.1M, and assets of $2.9M (revenue +14.7% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $2.8M (revenue +12.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $2.5M (revenue -46.7% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.3M, and assets of $2.3M (revenue +18.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $2.2M, and assets of $2.1M (revenue +72.1% year-over-year).
- 2011: Revenue of $991K, expenses of $2.0M, and assets of $2.5M (revenue -56.3% year-over-year).
- 2010: Revenue of $2.3M, expenses of $2.3M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oil Region Alliance Of Business Industry & Tourism:
Data Sources and Methodology
This transparency report for Oil Region Alliance Of Business Industry & Tourism 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.