Oklahoma Farm Bureau Legal Foundation
EIN: 731610719 · Oklahoma City, OK · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $3K |
| Net Assets | $498K |
Is Oklahoma Farm Bureau Legal Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oklahoma Farm Bureau Legal Foundation
Oklahoma Farm Bureau Legal Foundation (EIN: 731610719) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code I80. The organization reported total revenue of $28K and total assets of $519K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Farm Bureau Legal Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Farm Bureau Legal Foundation is a micro nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $3K |
| Surplus / Deficit | +$71K |
| Total Assets | $498K |
| Net Assets | $498K |
| Operating Margin | 95.7% |
| Months of Reserves | 1867.3 months |
Financial Health Grade: A
In 2023, Oklahoma Farm Bureau Legal Foundation reported a surplus of $71K with revenue exceeding expenses, holds 1867.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Oklahoma Farm Bureau Legal Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.6% | -81.6% | +16.5% |
| 2022 | -18.7% | -32.8% | +20.3% |
| 2021 | +18.1% | -46.9% | +31.0% |
| 2020 | +50.6% | -37.2% | +14.6% |
| 2019 | +0.7% | -20.4% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oklahoma Farm Bureau Legal 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 Oklahoma Farm Bureau Legal 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
Frequently Asked Questions about Oklahoma Farm Bureau Legal Foundation
Is Oklahoma Farm Bureau Legal Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oklahoma Farm Bureau Legal Foundation (EIN: 731610719) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oklahoma Farm Bureau Legal Foundation spend its money?
Detailed spending breakdown data is not yet available for Oklahoma Farm Bureau Legal Foundation. Check back for updated IRS 990 analysis.
Are donations to Oklahoma Farm Bureau Legal Foundation tax-deductible?
Oklahoma Farm Bureau Legal Foundation is registered as a tax-exempt nonprofit (EIN: 731610719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oklahoma Farm Bureau Legal Foundation located?
Oklahoma Farm Bureau Legal Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 731610719. It is classified under NTEE code I80.
How many years of IRS 990 filings does Oklahoma Farm Bureau Legal Foundation have?
Oklahoma Farm Bureau Legal Foundation 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 $28K in total revenue.
Filing History
IRS 990 filing history for Oklahoma Farm Bureau Legal Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oklahoma Farm Bureau Legal Foundation's revenue has declined by 14.4%, moving from $86K to $74K. Total assets increased by 27.7% over the same period, from $390K to $498K. Total functional expenses fell by 97.7%, from $138K to $3K. In its most recent filing year (2023), Oklahoma Farm Bureau Legal Foundation reported a surplus of $71K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $3K | $498K | $0 | — | — |
| 2022 | $89K | $17K | $428K | $0 | — | — |
| 2021 | $110K | $26K | $356K | $0 | — | View 990 |
| 2020 | $93K | $49K | $272K | $0 | — | View 990 |
| 2019 | $62K | $78K | $237K | $10K | — | View 990 |
| 2018 | $61K | $98K | $248K | $5K | — | View 990 |
| 2017 | $62K | $71K | $284K | $5K | — | View 990 |
| 2016 | $75K | $73K | $294K | $6K | — | View 990 |
| 2015 | $66K | $73K | $293K | $7K | — | View 990 |
| 2014 | $75K | $75K | $299K | $5K | — | View 990 |
| 2013 | $53K | $84K | $310K | $12K | — | View 990 |
| 2012 | $67K | $121K | $343K | $13K | — | View 990 |
| 2011 | $86K | $138K | $390K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $3K, and assets of $498K (revenue -17.6% year-over-year).
- 2022: Revenue of $89K, expenses of $17K, and assets of $428K (revenue -18.7% year-over-year).
- 2021: Revenue of $110K, expenses of $26K, and assets of $356K (revenue +18.1% year-over-year).
- 2020: Revenue of $93K, expenses of $49K, and assets of $272K (revenue +50.6% year-over-year).
- 2019: Revenue of $62K, expenses of $78K, and assets of $237K (revenue +0.7% year-over-year).
- 2018: Revenue of $61K, expenses of $98K, and assets of $248K (revenue -1.2% year-over-year).
- 2017: Revenue of $62K, expenses of $71K, and assets of $284K (revenue -16.8% year-over-year).
- 2016: Revenue of $75K, expenses of $73K, and assets of $294K (revenue +12.4% year-over-year).
- 2015: Revenue of $66K, expenses of $73K, and assets of $293K (revenue -11.5% year-over-year).
- 2014: Revenue of $75K, expenses of $75K, and assets of $299K (revenue +42.5% year-over-year).
- 2013: Revenue of $53K, expenses of $84K, and assets of $310K (revenue -21.1% year-over-year).
- 2012: Revenue of $67K, expenses of $121K, and assets of $343K (revenue -22.3% year-over-year).
- 2011: Revenue of $86K, expenses of $138K, and assets of $390K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Farm Bureau Legal Foundation:
Data Sources and Methodology
This transparency report for Oklahoma Farm Bureau Legal 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.