Oklahoma Burglar & Fire Alarm Association Inc
Oklahoma Burglar & Fire Alarm Association Inc shows consistent revenue growth and strong asset accumulation with no officer compensation.
EIN: 20583241 · Norman, OK · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $104K |
| Program Spending | 90% |
| Net Assets | $374K |
| Transparency Score | 92/100 |
Is Oklahoma Burglar & Fire Alarm Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oklahoma Burglar & Fire Alarm Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oklahoma Burglar & Fire Alarm Association Inc
Oklahoma Burglar & Fire Alarm Association Inc (EIN: 20583241) is a nonprofit organization based in Norman, OK, classified under NTEE code S41. The organization reported total revenue of $217K and total assets of $471K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Burglar & Fire Alarm Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Burglar & Fire Alarm Association Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $104K |
| Surplus / Deficit | +$68K |
| Total Assets | $374K |
| Net Assets | $374K |
| Operating Margin | 39.6% |
| Months of Reserves | 43.3 months |
Financial Health Grade: A
In 2023, Oklahoma Burglar & Fire Alarm Association Inc reported a surplus of $68K with revenue exceeding expenses, holds 43.3 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Oklahoma Burglar & Fire Alarm Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.1% | +17.5% | +23.0% |
| 2022 | +5.4% | -26.0% | +32.3% |
| 2021 | +27.8% | +9.2% | +25.8% |
| 2020 | -3.3% | -14.3% | +13.0% |
| 2019 | +16.1% | +31.7% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oklahoma Burglar & Fire Alarm Association Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Oklahoma Burglar & Fire Alarm Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $68K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Oklahoma Burglar & Fire Alarm Association Inc:
- Consistent revenue growth, from $55,735 in 2014 to $171,823 in 2023.
- Strong asset accumulation, increasing from $48,410 in 2014 to $374,412 in 2023.
- Zero liabilities reported across all filings, indicating excellent financial health.
- 0% officer compensation, suggesting volunteer leadership and high operational efficiency.
- Expenses consistently below revenue, allowing for healthy reserves and growth.
Frequently Asked Questions about Oklahoma Burglar & Fire Alarm Association Inc
Is Oklahoma Burglar & Fire Alarm Association Inc a legitimate charity?
Oklahoma Burglar & Fire Alarm Association Inc (EIN: 20583241) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $217K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Oklahoma Burglar & Fire Alarm Association Inc spend its money?
Oklahoma Burglar & Fire Alarm Association Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Oklahoma Burglar & Fire Alarm Association Inc tax-deductible?
Oklahoma Burglar & Fire Alarm Association Inc is registered as a tax-exempt nonprofit (EIN: 20583241). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Oklahoma Burglar & Fire Alarm Association Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Oklahoma Burglar & Fire Alarm Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oklahoma Burglar & Fire Alarm Association Inc located?
Oklahoma Burglar & Fire Alarm Association Inc is headquartered in Norman, Oklahoma and files with the IRS under EIN 20583241. It is classified under NTEE code S41.
How many years of IRS 990 filings does Oklahoma Burglar & Fire Alarm Association Inc have?
Oklahoma Burglar & Fire Alarm Association Inc has 11 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 $217K in total revenue.
Is Oklahoma Burglar & Fire Alarm Association Inc a good charity?
Based on the provided financial data, the Oklahoma Burglar & Fire Alarm Association Inc appears to be a well-managed and financially healthy organization. They consistently operate with zero liabilities, have shown strong revenue and asset growth, and report 0% officer compensation, suggesting a high degree of efficiency and dedication to their mission.
How has the organization's revenue changed over time?
The organization's revenue has shown a strong upward trend, increasing from $55,735 in 2014 to $171,823 in 2023, demonstrating consistent growth and financial stability.
What is the organization's asset growth like?
Assets have grown substantially, from $48,410 in 2014 to $374,412 in 2023, indicating effective financial management and accumulation of resources.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available filing periods, indicating a debt-free status.
Filing History
IRS 990 filing history for Oklahoma Burglar & Fire Alarm Association Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Oklahoma Burglar & Fire Alarm Association Inc's revenue has grown by 114.4%, moving from $80K to $172K. Total assets increased by 601.1% over the same period, from $53K to $374K. Total functional expenses rose by 84.9%, from $56K to $104K. In its most recent filing year (2023), Oklahoma Burglar & Fire Alarm Association Inc reported a surplus of $68K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $104K | $374K | $0 | — | View 990 |
| 2022 | $175K | $88K | $304K | $0 | — | View 990 |
| 2021 | $167K | $119K | $230K | $0 | — | View 990 |
| 2020 | $130K | $109K | $183K | $0 | — | — |
| 2019 | $135K | $127K | $162K | $0 | — | View 990 |
| 2018 | $116K | $97K | $155K | $0 | — | View 990 |
| 2017 | $120K | $95K | $135K | $0 | — | View 990 |
| 2016 | $136K | $88K | $110K | $0 | — | View 990 |
| 2015 | $91K | $77K | $62K | $0 | — | View 990 |
| 2014 | $56K | $61K | $48K | $0 | — | View 990 |
| 2013 | $80K | $56K | $53K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $104K, and assets of $374K (revenue -2.1% year-over-year).
- 2022: Revenue of $175K, expenses of $88K, and assets of $304K (revenue +5.4% year-over-year).
- 2021: Revenue of $167K, expenses of $119K, and assets of $230K (revenue +27.8% year-over-year).
- 2020: Revenue of $130K, expenses of $109K, and assets of $183K (revenue -3.3% year-over-year).
- 2019: Revenue of $135K, expenses of $127K, and assets of $162K (revenue +16.1% year-over-year).
- 2018: Revenue of $116K, expenses of $97K, and assets of $155K (revenue -3.6% year-over-year).
- 2017: Revenue of $120K, expenses of $95K, and assets of $135K (revenue -11.7% year-over-year).
- 2016: Revenue of $136K, expenses of $88K, and assets of $110K (revenue +50.6% year-over-year).
- 2015: Revenue of $91K, expenses of $77K, and assets of $62K (revenue +62.4% year-over-year).
- 2014: Revenue of $56K, expenses of $61K, and assets of $48K (revenue -30.5% year-over-year).
- 2013: Revenue of $80K, expenses of $56K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Burglar & Fire Alarm Association Inc:
Data Sources and Methodology
This transparency report for Oklahoma Burglar & Fire Alarm Association 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.