Okc Velo Club
EIN: 300076766 · The Village, OK · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $28K |
| Net Assets | $22K |
Is Okc Velo Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Okc Velo Club
Okc Velo Club (EIN: 300076766) is a nonprofit organization based in The Village, OK, classified under NTEE code N60. The organization reported total revenue of $10K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Okc Velo Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Okc Velo Club is a micro nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 22.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $28K |
| Surplus / Deficit | $-17,573 |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | -174.4% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2022, Okc Velo Club reported a deficit of $18K with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2022), Okc Velo Club's revenue has grown at a compound annual growth rate (CAGR) of 22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -44.8% | +84.5% | -43.9% |
| 2021 | +100.7% | +114.1% | +23.0% |
| 2018 | +21.1% | -49.3% | +6.8% |
| 2017 | -81.8% | -63.9% | -17.2% |
| 2016 | +583.9% | +407.3% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Okc Velo Club 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 Okc Velo Club 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
Frequently Asked Questions about Okc Velo Club
Is Okc Velo Club a legitimate charity?
Okc Velo Club (EIN: 300076766) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $10K. No red flags identified. Financial health grade: B.
How does Okc Velo Club spend its money?
Okc Velo Club reported $10K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Okc Velo Club tax-deductible?
Okc Velo Club is registered as a tax-exempt nonprofit (EIN: 300076766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Okc Velo Club located?
Okc Velo Club is headquartered in The Village, Oklahoma and files with the IRS under EIN 300076766. It is classified under NTEE code N60.
How many years of IRS 990 filings does Okc Velo Club have?
Okc Velo Club 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 $10K in total revenue.
Filing History
IRS 990 filing history for Okc Velo Club showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), Okc Velo Club's revenue has grown by 841.7%, moving from $1K to $10K. Total assets increased by 14.3% over the same period, from $20K to $22K. Total functional expenses rose by 279.6%, from $7K to $28K. In its most recent filing year (2022), Okc Velo Club reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $10K | $28K | $22K | $0 | — | — |
| 2021 | $18K | $15K | $40K | $0 | — | — |
| 2018 | $9K | $7K | $33K | $0 | — | View 990 |
| 2017 | $8K | $14K | $30K | $0 | — | View 990 |
| 2016 | $41K | $38K | $37K | $0 | — | View 990 |
| 2015 | $6K | $8K | $34K | $0 | — | View 990 |
| 2014 | $34K | $28K | $35K | $0 | — | View 990 |
| 2013 | $14K | $11K | $29K | $0 | — | View 990 |
| 2012 | $30K | $24K | $26K | $0 | — | View 990 |
| 2011 | $1K | $7K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $10K, expenses of $28K, and assets of $22K (revenue -44.8% year-over-year).
- 2021: Revenue of $18K, expenses of $15K, and assets of $40K (revenue +100.7% year-over-year).
- 2018: Revenue of $9K, expenses of $7K, and assets of $33K (revenue +21.1% year-over-year).
- 2017: Revenue of $8K, expenses of $14K, and assets of $30K (revenue -81.8% year-over-year).
- 2016: Revenue of $41K, expenses of $38K, and assets of $37K (revenue +583.9% year-over-year).
- 2015: Revenue of $6K, expenses of $8K, and assets of $34K (revenue -82.1% year-over-year).
- 2014: Revenue of $34K, expenses of $28K, and assets of $35K (revenue +146.0% year-over-year).
- 2013: Revenue of $14K, expenses of $11K, and assets of $29K (revenue -54.1% year-over-year).
- 2012: Revenue of $30K, expenses of $24K, and assets of $26K (revenue +2699.3% year-over-year).
- 2011: Revenue of $1K, expenses of $7K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Okc Velo Club:
Data Sources and Methodology
This transparency report for Okc Velo Club 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.