Oklahoma Geological Foundation
EIN: 731439474 · Edmond, OK · NTEE: B82Z
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $243K |
| Net Assets | $3.0M |
Is Oklahoma Geological 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 Geological Foundation
Oklahoma Geological Foundation (EIN: 731439474) is a nonprofit organization based in Edmond, OK, classified under NTEE code B82Z. The organization reported total revenue of $1.1M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Geological Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Geological Foundation is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $242K |
| Total Expenses | $243K |
| Surplus / Deficit | $-1,146 |
| Total Assets | $3.0M |
| Net Assets | $3.0M |
| Operating Margin | -0.5% |
| Months of Reserves | 147.1 months |
Financial Health Grade: B
In 2023, Oklahoma Geological Foundation reported a deficit of $1K with expenses exceeding revenue, holds 147.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Oklahoma Geological Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.3% | -35.9% | +12.4% |
| 2022 | -23.5% | +108.6% | -18.2% |
| 2021 | +66.1% | -37.4% | +12.8% |
| 2020 | -52.1% | -12.3% | +4.9% |
| 2019 | +27.3% | +9.0% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oklahoma Geological 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 Geological 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 deficit of $1K, with expenses exceeding revenue.
Frequently Asked Questions about Oklahoma Geological Foundation
Is Oklahoma Geological Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oklahoma Geological Foundation (EIN: 731439474) insufficient data. 0 red flags identified, 0 strengths noted.
How does Oklahoma Geological Foundation spend its money?
Detailed spending breakdown data is not yet available for Oklahoma Geological Foundation. Check back for updated IRS 990 analysis.
Are donations to Oklahoma Geological Foundation tax-deductible?
Oklahoma Geological Foundation is registered as a tax-exempt nonprofit (EIN: 731439474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oklahoma Geological Foundation located?
Oklahoma Geological Foundation is headquartered in Edmond, Oklahoma and files with the IRS under EIN 731439474. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Oklahoma Geological Foundation have?
Oklahoma Geological 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Oklahoma Geological Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oklahoma Geological Foundation's revenue has declined by 16.9%, moving from $291K to $242K. Total assets increased by 129.1% over the same period, from $1.3M to $3.0M. Total functional expenses rose by 217.9%, from $76K to $243K. In its most recent filing year (2023), Oklahoma Geological Foundation reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $242K | $243K | $3.0M | $0 | — | — |
| 2022 | $250K | $379K | $2.6M | $0 | — | View 990 |
| 2021 | $327K | $182K | $3.2M | $0 | — | View 990 |
| 2020 | $197K | $290K | $2.9M | $0 | — | — |
| 2019 | $411K | $331K | $2.7M | $0 | — | View 990 |
| 2018 | $323K | $303K | $2.3M | $0 | — | View 990 |
| 2017 | $213K | $232K | $2.5M | $0 | — | — |
| 2016 | $906K | $149K | $2.4M | $0 | — | View 990 |
| 2015 | $258K | $154K | $2.2M | $0 | — | View 990 |
| 2014 | $480K | $157K | $2.3M | $0 | — | View 990 |
| 2013 | $446K | $141K | $2.0M | $0 | — | View 990 |
| 2012 | $316K | $117K | $1.5M | $0 | — | View 990 |
| 2011 | $291K | $76K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $242K, expenses of $243K, and assets of $3.0M (revenue -3.3% year-over-year).
- 2022: Revenue of $250K, expenses of $379K, and assets of $2.6M (revenue -23.5% year-over-year).
- 2021: Revenue of $327K, expenses of $182K, and assets of $3.2M (revenue +66.1% year-over-year).
- 2020: Revenue of $197K, expenses of $290K, and assets of $2.9M (revenue -52.1% year-over-year).
- 2019: Revenue of $411K, expenses of $331K, and assets of $2.7M (revenue +27.3% year-over-year).
- 2018: Revenue of $323K, expenses of $303K, and assets of $2.3M (revenue +51.6% year-over-year).
- 2017: Revenue of $213K, expenses of $232K, and assets of $2.5M (revenue -76.5% year-over-year).
- 2016: Revenue of $906K, expenses of $149K, and assets of $2.4M (revenue +250.8% year-over-year).
- 2015: Revenue of $258K, expenses of $154K, and assets of $2.2M (revenue -46.2% year-over-year).
- 2014: Revenue of $480K, expenses of $157K, and assets of $2.3M (revenue +7.7% year-over-year).
- 2013: Revenue of $446K, expenses of $141K, and assets of $2.0M (revenue +41.2% year-over-year).
- 2012: Revenue of $316K, expenses of $117K, and assets of $1.5M (revenue +8.6% year-over-year).
- 2011: Revenue of $291K, expenses of $76K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Geological Foundation:
Data Sources and Methodology
This transparency report for Oklahoma Geological 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.