Ok2 Grow Foundation
EIN: 731281151 · Broken Arrow, OK · NTEE: S05
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $111K |
| Net Assets | $87K |
Is Ok2 Grow Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ok2 Grow Foundation
Ok2 Grow Foundation (EIN: 731281151) is a nonprofit organization based in Broken Arrow, OK, classified under NTEE code S05. The organization reported total revenue of $76K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ok2 Grow Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ok2 Grow Foundation is a micro nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of 33.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $128K |
| Total Expenses | $111K |
| Surplus / Deficit | +$17K |
| Total Assets | $88K |
| Total Liabilities | $658 |
| Net Assets | $87K |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2019, Ok2 Grow Foundation reported a surplus of $17K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2010–2019), Ok2 Grow Foundation's revenue has grown at a compound annual growth rate (CAGR) of 33.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +55.8% | -16.5% | +7.1% |
| 2018 | -44.6% | +25.1% | -36.5% |
| 2017 | +108.2% | +31.9% | +37.3% |
| 2016 | +7.8% | +59.1% | -18.1% |
| 2015 | +39.9% | +84.6% | +56.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ok2 Grow Foundation 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 Ok2 Grow Foundation 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Ok2 Grow Foundation
Is Ok2 Grow Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ok2 Grow Foundation (EIN: 731281151) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ok2 Grow Foundation spend its money?
Detailed spending breakdown data is not yet available for Ok2 Grow Foundation. Check back for updated IRS 990 analysis.
Are donations to Ok2 Grow Foundation tax-deductible?
Ok2 Grow Foundation is registered as a tax-exempt nonprofit (EIN: 731281151). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ok2 Grow Foundation located?
Ok2 Grow Foundation is headquartered in Broken Arrow, Oklahoma and files with the IRS under EIN 731281151. It is classified under NTEE code S05.
How many years of IRS 990 filings does Ok2 Grow Foundation have?
Ok2 Grow Foundation has 10 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 $76K in total revenue.
Filing History
IRS 990 filing history for Ok2 Grow Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Ok2 Grow Foundation's revenue has grown by 1283.9%, moving from $9K to $128K. Total assets increased by 918.9% over the same period, from $9K to $88K. Total functional expenses rose by 3200.9%, from $3K to $111K. In its most recent filing year (2019), Ok2 Grow Foundation reported a surplus of $17K, with revenue exceeding expenses. The organization holds $658 in liabilities against $88K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $128K | $111K | $88K | $658 | — | View 990 |
| 2018 | $82K | $133K | $82K | $12K | — | View 990 |
| 2017 | $148K | $106K | $130K | $8K | — | View 990 |
| 2016 | $71K | $81K | $94K | $15K | — | View 990 |
| 2015 | $66K | $51K | $115K | $26K | — | View 990 |
| 2014 | $47K | $27K | $74K | $0 | — | View 990 |
| 2013 | $12K | $0 | $54K | $0 | — | View 990 |
| 2012 | $3K | $5K | $41K | $0 | — | View 990 |
| 2011 | $110K | $75K | $44K | $0 | — | — |
| 2010 | $9K | $3K | $9K | $0 | — | — |
Year-by-Year Financial Summary
- 2019: Revenue of $128K, expenses of $111K, and assets of $88K (revenue +55.8% year-over-year).
- 2018: Revenue of $82K, expenses of $133K, and assets of $82K (revenue -44.6% year-over-year).
- 2017: Revenue of $148K, expenses of $106K, and assets of $130K (revenue +108.2% year-over-year).
- 2016: Revenue of $71K, expenses of $81K, and assets of $94K (revenue +7.8% year-over-year).
- 2015: Revenue of $66K, expenses of $51K, and assets of $115K (revenue +39.9% year-over-year).
- 2014: Revenue of $47K, expenses of $27K, and assets of $74K (revenue +285.1% year-over-year).
- 2013: Revenue of $12K, expenses of $0, and assets of $54K (revenue +302.9% year-over-year).
- 2012: Revenue of $3K, expenses of $5K, and assets of $41K (revenue -97.2% year-over-year).
- 2011: Revenue of $110K, expenses of $75K, and assets of $44K (revenue +1085.0% year-over-year).
- 2010: Revenue of $9K, expenses of $3K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ok2 Grow Foundation:
Data Sources and Methodology
This transparency report for Ok2 Grow Foundation 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.