Oklahoma Life Skills Association
Oklahoma Life Skills Association faces recurring operational deficits and declining assets despite no executive compensation.
EIN: 20645322 · Haskell, OK · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $270K |
| Total Expenses | $278K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $270,079. |
| Net Assets | $56K |
| Transparency Score | 75/100 |
Is Oklahoma Life Skills Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oklahoma Life Skills Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oklahoma Life Skills Association
Oklahoma Life Skills Association (EIN: 20645322) is a nonprofit organization based in Haskell, OK, classified under NTEE code B21. The organization reported total revenue of $270K and total assets of $62K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Life Skills Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Life Skills Association is a small nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $270K |
| Total Expenses | $278K |
| Surplus / Deficit | $-7,964 |
| Total Assets | $62K |
| Total Liabilities | $6K |
| Net Assets | $56K |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 10.0% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2022, Oklahoma Life Skills Association reported a deficit of $8K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 10.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Oklahoma Life Skills Association's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +2.9% | -0.2% | -11.1% |
| 2021 | -18.3% | +6.9% | -14.1% |
| 2020 | +18.6% | +1.8% | +176.8% |
| 2019 | -15.1% | -40.9% | — |
| 2017 | -20.1% | +18.0% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Life Skills Association with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Oklahoma Life Skills Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all 11 filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with revenues around $270,079.
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 Life Skills Association's IRS 990 filings:
- Recurring operational deficits (e.g., $278,043 expenses vs. $270,079 revenue in 202212)
- Significant decline in assets over the past decade (from $244,224 in 201212 to $62,142 in 202212)
Strengths
The following positive indicators were identified for Oklahoma Life Skills Association:
- No executive compensation reported across all 11 filings, indicating high efficiency in this area.
- Consistent filing of IRS 990 forms demonstrates transparency.
- Low liabilities ($6,211 in 202212) relative to assets.
Frequently Asked Questions about Oklahoma Life Skills Association
Is Oklahoma Life Skills Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Oklahoma Life Skills Association (EIN: 20645322) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Oklahoma Life Skills Association spend its money?
Oklahoma Life Skills Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oklahoma Life Skills Association tax-deductible?
Oklahoma Life Skills Association is registered as a tax-exempt nonprofit (EIN: 20645322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oklahoma Life Skills Association CEO make?
Oklahoma Life Skills Association's highest-compensated officer earns $270,079. annually. The organization reported $270K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oklahoma Life Skills Association's spending goes to programs?
Oklahoma Life Skills Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oklahoma Life Skills Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Oklahoma Life Skills Association is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oklahoma Life Skills Association located?
Oklahoma Life Skills Association is headquartered in Haskell, Oklahoma and files with the IRS under EIN 20645322. It is classified under NTEE code B21.
How many years of IRS 990 filings does Oklahoma Life Skills Association have?
Oklahoma Life Skills Association 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 $270K in total revenue.
Is Oklahoma Life Skills Association financially sustainable?
The organization has experienced operational deficits in recent years (e.g., $278,043 expenses vs. $270,079 revenue in 202212) and a significant decline in assets from $244,224 in 201212 to $62,142 in 202212, raising concerns about long-term financial sustainability without improved revenue generation or expense management.
How does the organization manage its administrative costs?
While specific administrative cost breakdowns are not provided in the summary, the absence of officer compensation suggests a lean administrative structure, which is a positive indicator of efficiency.
What is the trend in the organization's assets?
The organization's assets have significantly decreased over the past decade, from $244,224 in 201212 to $62,142 in 202212, which could impact its capacity for future growth or unexpected needs.
Does the organization prioritize its programs?
Yes, the absence of officer compensation and the general operational structure suggest a strong focus on program delivery, with resources likely directed towards its mission rather than executive overhead.
Filing History
IRS 990 filing history for Oklahoma Life Skills Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Oklahoma Life Skills Association's revenue has declined by 40.8%, moving from $456K to $270K. Total assets decreased by 58.3% over the same period, from $149K to $62K. Total functional expenses fell by 43%, from $488K to $278K. In its most recent filing year (2022), Oklahoma Life Skills Association reported a deficit of $8K, with expenses exceeding revenue. The organization holds $6K in liabilities against $62K in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $56K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $270K | $278K | $62K | $6K | — | View 990 |
| 2021 | $263K | $279K | $70K | $5K | — | View 990 |
| 2020 | $321K | $261K | $81K | $0 | — | View 990 |
| 2019 | $271K | $256K | $29K | $0 | — | — |
| 2017 | $319K | $433K | $0 | $0 | — | View 990 |
| 2016 | $400K | $367K | $228K | $0 | — | View 990 |
| 2015 | $271K | $274K | $202K | $0 | — | View 990 |
| 2014 | $249K | $219K | $217K | $0 | — | View 990 |
| 2013 | $211K | $165K | $242K | $0 | — | View 990 |
| 2012 | $394K | $387K | $244K | $0 | — | View 990 |
| 2011 | $456K | $488K | $149K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $270K, expenses of $278K, and assets of $62K (revenue +2.9% year-over-year).
- 2021: Revenue of $263K, expenses of $279K, and assets of $70K (revenue -18.3% year-over-year).
- 2020: Revenue of $321K, expenses of $261K, and assets of $81K (revenue +18.6% year-over-year).
- 2019: Revenue of $271K, expenses of $256K, and assets of $29K (revenue -15.1% year-over-year).
- 2017: Revenue of $319K, expenses of $433K, and assets of $0 (revenue -20.1% year-over-year).
- 2016: Revenue of $400K, expenses of $367K, and assets of $228K (revenue +47.6% year-over-year).
- 2015: Revenue of $271K, expenses of $274K, and assets of $202K (revenue +8.6% year-over-year).
- 2014: Revenue of $249K, expenses of $219K, and assets of $217K (revenue +18.0% year-over-year).
- 2013: Revenue of $211K, expenses of $165K, and assets of $242K (revenue -46.4% year-over-year).
- 2012: Revenue of $394K, expenses of $387K, and assets of $244K (revenue -13.7% year-over-year).
- 2011: Revenue of $456K, expenses of $488K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Life Skills Association:
Data Sources and Methodology
This transparency report for Oklahoma Life Skills Association 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.