Oklahoma Energy Education Foundation
Oklahoma Energy Education Foundation consistently operates at a deficit, drawing down assets.
EIN: 204707442 · Oklahoma City, OK · NTEE: C60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $347K |
| Total Expenses | $520K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $5.6 |
| Net Assets | $5.6M |
| Transparency Score | 45/100 |
Is Oklahoma Energy Education Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oklahoma Energy Education Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oklahoma Energy Education Foundation
Oklahoma Energy Education Foundation (EIN: 204707442) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code C60. The organization reported total revenue of $347K and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Energy Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Energy Education Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $261K |
| Total Expenses | $520K |
| Surplus / Deficit | $-259,561 |
| Total Assets | $5.6M |
| Net Assets | $5.6M |
| Operating Margin | -99.6% |
| Months of Reserves | 129.9 months |
Financial Health Grade: B
In 2022, Oklahoma Energy Education Foundation reported a deficit of $260K with expenses exceeding revenue, holds 129.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Oklahoma Energy Education Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -12.6% | +13.3% | -4.4% |
| 2021 | +8.2% | -9.5% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Energy Education Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Oklahoma Energy Education Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $260K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization of its asset size ($5.6 million in 2022) and suggests either volunteer leadership or compensation is reported under other expense categories.
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.
Red Flags
The following concerns were identified during AI analysis of Oklahoma Energy Education Foundation's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) for multiple years, e.g., $520,230 expenses vs. $260,669 revenue in 2022.
- Steady decline in total assets over the past decade, from $6,855,097 in 2014 to $5,631,648 in 2022.
- Negative revenue reported in several years (e.g., $-89,319 in 2019, $-58,302 in 2018), which is highly unusual and warrants further investigation.
- Unusually low revenue figures in some years compared to expenses, indicating a reliance on asset drawdowns rather than operational income.
Strengths
The following positive indicators were identified for Oklahoma Energy Education Foundation:
- No reported officer compensation across all filings, indicating a commitment to directing funds away from executive salaries.
- No reported liabilities, suggesting a debt-free financial position.
- Significant asset base, providing a buffer despite consistent operating deficits.
Frequently Asked Questions about Oklahoma Energy Education Foundation
Is Oklahoma Energy Education Foundation a legitimate charity?
Oklahoma Energy Education Foundation (EIN: 204707442) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $347K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Oklahoma Energy Education Foundation spend its money?
Oklahoma Energy Education Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Oklahoma Energy Education Foundation tax-deductible?
Oklahoma Energy Education Foundation is registered as a tax-exempt nonprofit (EIN: 204707442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oklahoma Energy Education Foundation CEO make?
Oklahoma Energy Education Foundation's highest-compensated officer earns $5.6 annually. The organization reported $347K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oklahoma Energy Education Foundation's spending goes to programs?
Oklahoma Energy Education Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oklahoma Energy Education Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Oklahoma Energy Education Foundation is near average for NTEE category C60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oklahoma Energy Education Foundation located?
Oklahoma Energy Education Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 204707442. It is classified under NTEE code C60.
How many years of IRS 990 filings does Oklahoma Energy Education Foundation have?
Oklahoma Energy Education Foundation has 12 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 $347K in total revenue.
Is the Oklahoma Energy Education Foundation financially sustainable?
Based on the consistent trend of expenses exceeding revenue (e.g., $520,230 expenses vs. $260,669 revenue in 2022), the organization is not financially sustainable in its current operational model, as it is drawing down its assets annually.
Why are assets declining steadily?
Assets are declining because the organization's expenses consistently outweigh its revenues. For example, assets decreased from $6,052,010 in 2020 to $5,631,648 in 2022, directly correlating with the operating deficits.
How does the organization cover its operating deficits?
The organization appears to be covering its operating deficits by drawing down its existing asset base, as evidenced by the continuous decline in total assets over the past decade.
What is the impact of 0% officer compensation?
While 0% officer compensation suggests resources are not being used for executive salaries, it also raises questions about how leadership is compensated or if the organization is entirely volunteer-run at the executive level, which is uncommon for an organization with significant assets.
Filing History
IRS 990 filing history for Oklahoma Energy Education Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Oklahoma Energy Education Foundation's revenue has declined by 32.8%, moving from $388K to $261K. Total assets increased by 9.4% over the same period, from $5.1M to $5.6M. Total functional expenses rose by 3091%, from $16K to $520K. In its most recent filing year (2022), Oklahoma Energy Education Foundation reported a deficit of $260K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $261K | $520K | $5.6M | $0 | — | View 990 |
| 2021 | $298K | $459K | $5.9M | $0 | — | View 990 |
| 2020 | $276K | $508K | $6.1M | $0 | — | View 990 |
| 2019 | $-89,319 | $54K | $6.3M | $0 | — | View 990 |
| 2018 | $-58,302 | $111K | $6.4M | $0 | — | View 990 |
| 2017 | $-98,498 | $25K | $6.6M | $0 | — | View 990 |
| 2016 | $-72,346 | $23K | $6.7M | $0 | — | View 990 |
| 2015 | $-14,805 | $26K | $6.8M | $0 | — | View 990 |
| 2014 | $115K | $51K | $6.9M | $0 | — | View 990 |
| 2013 | $352K | $84K | $6.8M | $0 | — | View 990 |
| 2012 | $1.4M | $6K | $6.5M | $0 | — | View 990 |
| 2011 | $388K | $16K | $5.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $261K, expenses of $520K, and assets of $5.6M (revenue -12.6% year-over-year).
- 2021: Revenue of $298K, expenses of $459K, and assets of $5.9M (revenue +8.2% year-over-year).
- 2020: Revenue of $276K, expenses of $508K, and assets of $6.1M.
- 2019: Revenue of $-89,319, expenses of $54K, and assets of $6.3M.
- 2018: Revenue of $-58,302, expenses of $111K, and assets of $6.4M.
- 2017: Revenue of $-98,498, expenses of $25K, and assets of $6.6M.
- 2016: Revenue of $-72,346, expenses of $23K, and assets of $6.7M.
- 2015: Revenue of $-14,805, expenses of $26K, and assets of $6.8M (revenue -112.9% year-over-year).
- 2014: Revenue of $115K, expenses of $51K, and assets of $6.9M (revenue -67.4% year-over-year).
- 2013: Revenue of $352K, expenses of $84K, and assets of $6.8M (revenue -74.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $6K, and assets of $6.5M (revenue +256.2% year-over-year).
- 2011: Revenue of $388K, expenses of $16K, and assets of $5.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Energy Education Foundation:
Data Sources and Methodology
This transparency report for Oklahoma Energy Education 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.