Oklahoma Optometric Physicians
Oklahoma Optometric Physicians maintains stable, minimal assets with low revenue and expenses, reporting no officer compensation.
EIN: 201903665 · Oklahoma City, OK · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $1K |
| Program Spending | 80% |
| Net Assets | $58K |
| Transparency Score | 75/100 |
Is Oklahoma Optometric Physicians Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oklahoma Optometric Physicians directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oklahoma Optometric Physicians
Oklahoma Optometric Physicians (EIN: 201903665) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code E32. The organization reported total revenue of $2K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Optometric Physicians's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Optometric Physicians is a micro nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $850 |
| Total Expenses | $1K |
| Surplus / Deficit | $-645 |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | -75.9% |
| Months of Reserves | 465.9 months |
Financial Health Grade: B
In 2023, Oklahoma Optometric Physicians reported a deficit of $645 with expenses exceeding revenue, holds 465.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Oklahoma Optometric Physicians's revenue has declined at a compound annual growth rate (CAGR) of -7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.3% | +49.5% | -1.1% |
| 2022 | +101.8% | +1.5% | -0.3% |
| 2021 | -85.9% | -45.4% | -1.0% |
| 2020 | +305.7% | +22462.5% | +1.8% |
| 2019 | -39.1% | -99.0% | +1.2% |
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 Optometric Physicians 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Oklahoma Optometric Physicians allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $645, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization with a decade of filings.
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 Optometric Physicians's IRS 990 filings:
- Expenses frequently exceed revenue (e.g., 2023: $850 revenue, $1,495 expenses), indicating reliance on reserves or other unreported income.
- Lack of detailed expense breakdown in available data makes it difficult to assess true program spending efficiency.
- Consistently reporting 0% officer compensation for over a decade is unusual for an established organization, even a small one, and could imply compensation is structured in a non-standard way or that the organization is entirely volunteer-run at the leadership level.
Strengths
The following positive indicators were identified for Oklahoma Optometric Physicians:
- Consistent IRS 990 filing history demonstrates commitment to transparency.
- No reported liabilities across all filings, indicating strong financial solvency.
- Stable asset base (around $58,000) provides a buffer against operational deficits.
- Zero officer compensation suggests resources are not being diverted to high executive salaries.
Frequently Asked Questions about Oklahoma Optometric Physicians
Is Oklahoma Optometric Physicians a legitimate charity?
Oklahoma Optometric Physicians (EIN: 201903665) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $2K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Oklahoma Optometric Physicians spend its money?
Oklahoma Optometric Physicians directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Oklahoma Optometric Physicians tax-deductible?
Oklahoma Optometric Physicians is registered as a tax-exempt nonprofit (EIN: 201903665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Oklahoma Optometric Physicians's spending goes to programs?
Oklahoma Optometric Physicians directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oklahoma Optometric Physicians compare to similar nonprofits?
With a transparency score of 75/100 (Good), Oklahoma Optometric Physicians is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oklahoma Optometric Physicians located?
Oklahoma Optometric Physicians is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 201903665. It is classified under NTEE code E32.
How many years of IRS 990 filings does Oklahoma Optometric Physicians have?
Oklahoma Optometric Physicians has 14 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 $2K in total revenue.
What specific programs or services does Oklahoma Optometric Physicians provide given its low expenses?
With expenses consistently under $2,000 annually, such as $1,495 in 2023, the organization's activities are likely limited to very low-cost initiatives, advocacy, or administrative support for its members rather than direct service provision requiring significant outlays.
How does the organization sustain itself with revenues often lower than expenses?
In several periods, such as 2023 ($850 revenue vs. $1,495 expenses) and 2022 ($807 revenue vs. $1,000 expenses), expenses exceeded revenue. The organization likely draws from its accumulated assets, which have remained stable around $58,000, to cover these deficits, or receives non-cash contributions not reflected in revenue figures.
What is the purpose of maintaining assets of over $58,000 with such minimal operational activity?
The consistent asset base of approximately $58,000, while revenue and expenses are very low, suggests these assets may be held for long-term stability, specific future projects, or represent an endowment or investment fund rather than operational capital.
Filing History
IRS 990 filing history for Oklahoma Optometric Physicians showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Oklahoma Optometric Physicians's revenue has declined by 64.4%, moving from $2K to $850. Total assets decreased by 3.3% over the same period, from $60K to $58K. Total functional expenses rose by 22.2%, from $1K to $1K. In its most recent filing year (2023), Oklahoma Optometric Physicians reported a deficit of $645, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $850 | $1K | $58K | $0 | — | — |
| 2022 | $807 | $1K | $59K | $0 | — | View 990 |
| 2021 | $400 | $985 | $59K | $0 | — | — |
| 2020 | $3K | $2K | $59K | $0 | — | — |
| 2019 | $700 | $8 | $58K | $0 | — | View 990 |
| 2018 | $1K | $838 | $58K | $0 | — | View 990 |
| 2017 | $770 | $765 | $57K | $0 | — | View 990 |
| 2016 | $1K | $1K | $57K | $0 | — | View 990 |
| 2015 | $2K | $2K | $57K | $0 | — | View 990 |
| 2014 | $890 | $2K | $58K | $0 | — | View 990 |
| 2013 | $1K | $3K | $58K | $0 | — | View 990 |
| 2012 | $1K | $1K | $60K | $0 | — | View 990 |
| 2011 | $675 | $889 | $60K | $0 | — | View 990 |
| 2010 | $2K | $1K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $850, expenses of $1K, and assets of $58K (revenue +5.3% year-over-year).
- 2022: Revenue of $807, expenses of $1K, and assets of $59K (revenue +101.8% year-over-year).
- 2021: Revenue of $400, expenses of $985, and assets of $59K (revenue -85.9% year-over-year).
- 2020: Revenue of $3K, expenses of $2K, and assets of $59K (revenue +305.7% year-over-year).
- 2019: Revenue of $700, expenses of $8, and assets of $58K (revenue -39.1% year-over-year).
- 2018: Revenue of $1K, expenses of $838, and assets of $58K (revenue +49.4% year-over-year).
- 2017: Revenue of $770, expenses of $765, and assets of $57K (revenue -34.5% year-over-year).
- 2016: Revenue of $1K, expenses of $1K, and assets of $57K (revenue -24.2% year-over-year).
- 2015: Revenue of $2K, expenses of $2K, and assets of $57K (revenue +74.2% year-over-year).
- 2014: Revenue of $890, expenses of $2K, and assets of $58K (revenue -25.8% year-over-year).
- 2013: Revenue of $1K, expenses of $3K, and assets of $58K (revenue -14.3% year-over-year).
- 2012: Revenue of $1K, expenses of $1K, and assets of $60K (revenue +107.6% year-over-year).
- 2011: Revenue of $675, expenses of $889, and assets of $60K (revenue -71.7% year-over-year).
- 2010: Revenue of $2K, expenses of $1K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Optometric Physicians:
Data Sources and Methodology
This transparency report for Oklahoma Optometric Physicians 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.