Oklahoma Cross Country Racing Association Inc
Oklahoma Cross Country Racing Association Inc. shows consistent growth and strong financial health with volunteer leadership.
EIN: 202210041 · Oklahoma City, OK · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $297K |
| Program Spending | 90% |
| Net Assets | $90K |
| Transparency Score | 92/100 |
Is Oklahoma Cross Country Racing 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 Cross Country Racing Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oklahoma Cross Country Racing Association Inc
Oklahoma Cross Country Racing Association Inc (EIN: 202210041) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code N50. The organization reported total revenue of $183K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Cross Country Racing Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Cross Country Racing Association Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $316K |
| Total Expenses | $297K |
| Surplus / Deficit | +$18K |
| Total Assets | $90K |
| Net Assets | $90K |
| Operating Margin | 5.8% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Oklahoma Cross Country Racing Association Inc reported a surplus of $18K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Oklahoma Cross Country Racing Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | +20.9% | +25.3% |
| 2022 | +14.6% | +18.6% | +22.6% |
| 2021 | +4.7% | +0.1% | +47.5% |
| 2020 | +83.6% | +72.3% | +29.1% |
| 2019 | -20.2% | -15.7% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Cross Country Racing 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Oklahoma Cross Country Racing Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $18K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers, 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 Cross Country Racing Association Inc:
- Consistent revenue growth (from $112,282 in 2014 to $315,603 in 2023)
- Zero liabilities reported across all filings, indicating strong financial health
- 0% officer compensation, suggesting volunteer-driven leadership and high efficiency
- Healthy asset growth (from $31,874 in 2014 to $89,831 in 2023)
- Consistent filing of IRS 990s demonstrating transparency
Frequently Asked Questions about Oklahoma Cross Country Racing Association Inc
Is Oklahoma Cross Country Racing Association Inc a legitimate charity?
Oklahoma Cross Country Racing Association Inc (EIN: 202210041) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $183K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Oklahoma Cross Country Racing Association Inc spend its money?
Oklahoma Cross Country Racing Association Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Oklahoma Cross Country Racing Association Inc tax-deductible?
Oklahoma Cross Country Racing Association Inc is registered as a tax-exempt nonprofit (EIN: 202210041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oklahoma Cross Country Racing Association Inc's spending goes to programs?
Oklahoma Cross Country Racing Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oklahoma Cross Country Racing Association Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Oklahoma Cross Country Racing Association Inc is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oklahoma Cross Country Racing Association Inc located?
Oklahoma Cross Country Racing Association Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 202210041. It is classified under NTEE code N50.
How many years of IRS 990 filings does Oklahoma Cross Country Racing Association Inc have?
Oklahoma Cross Country Racing Association Inc has 13 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 $183K in total revenue.
Is Oklahoma Cross Country Racing Association Inc. a good charity?
Based on the available financial data, the Oklahoma Cross Country Racing Association Inc. appears to be a very good charity. They demonstrate consistent financial growth, maintain healthy assets with no liabilities, and operate with 0% officer compensation, suggesting a high proportion of funds go directly to their mission.
How has the organization's revenue changed over time?
The organization's revenue has shown significant growth, increasing from $112,282 in 2014 to $315,603 in 2023, indicating a strong upward trend in financial support and activity.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all 13 filings, suggesting a volunteer-led structure where no salaries are paid to top executives, which is a highly efficient model for a nonprofit.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating a debt-free financial position.
Filing History
IRS 990 filing history for Oklahoma Cross Country Racing Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oklahoma Cross Country Racing Association Inc's revenue has grown by 173.1%, moving from $116K to $316K. Total assets increased by 129.1% over the same period, from $39K to $90K. Total functional expenses rose by 133.1%, from $128K to $297K. In its most recent filing year (2023), Oklahoma Cross Country Racing Association Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $316K | $297K | $90K | $0 | — | — |
| 2022 | $259K | $246K | $72K | $0 | — | View 990 |
| 2021 | $226K | $208K | $58K | $0 | — | View 990 |
| 2020 | $216K | $207K | $40K | $0 | — | View 990 |
| 2019 | $118K | $120K | $31K | $0 | — | View 990 |
| 2018 | $148K | $143K | $33K | $0 | — | View 990 |
| 2017 | $138K | $151K | $28K | $0 | — | View 990 |
| 2016 | $142K | $152K | $41K | $0 | — | View 990 |
| 2015 | $128K | $109K | $52K | $0 | — | View 990 |
| 2014 | $112K | $105K | $32K | $0 | — | View 990 |
| 2013 | $88K | $97K | $24K | $0 | — | View 990 |
| 2012 | $115K | $121K | $33K | $0 | — | View 990 |
| 2011 | $116K | $128K | $39K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $316K, expenses of $297K, and assets of $90K (revenue +21.7% year-over-year).
- 2022: Revenue of $259K, expenses of $246K, and assets of $72K (revenue +14.6% year-over-year).
- 2021: Revenue of $226K, expenses of $208K, and assets of $58K (revenue +4.7% year-over-year).
- 2020: Revenue of $216K, expenses of $207K, and assets of $40K (revenue +83.6% year-over-year).
- 2019: Revenue of $118K, expenses of $120K, and assets of $31K (revenue -20.2% year-over-year).
- 2018: Revenue of $148K, expenses of $143K, and assets of $33K (revenue +7.1% year-over-year).
- 2017: Revenue of $138K, expenses of $151K, and assets of $28K (revenue -2.9% year-over-year).
- 2016: Revenue of $142K, expenses of $152K, and assets of $41K (revenue +10.8% year-over-year).
- 2015: Revenue of $128K, expenses of $109K, and assets of $52K (revenue +14.2% year-over-year).
- 2014: Revenue of $112K, expenses of $105K, and assets of $32K (revenue +27.3% year-over-year).
- 2013: Revenue of $88K, expenses of $97K, and assets of $24K (revenue -23.2% year-over-year).
- 2012: Revenue of $115K, expenses of $121K, and assets of $33K (revenue -0.6% year-over-year).
- 2011: Revenue of $116K, expenses of $128K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Cross Country Racing Association Inc:
Data Sources and Methodology
This transparency report for Oklahoma Cross Country Racing 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.