Oklahoma Receivership Office Inc
Oklahoma Receivership Office Inc. consistently operates with minimal surpluses and no reported officer compensation, managing substantial assets largely offset by liabilities.
EIN: 205859907 · Oklahoma City, OK · NTEE: E118 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $28.5M |
| Total Expenses | $618K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $91 |
| Net Assets | $185K |
| Transparency Score | 85/100 |
Is Oklahoma Receivership Office Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oklahoma Receivership Office Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oklahoma Receivership Office Inc
Oklahoma Receivership Office Inc (EIN: 205859907) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code E118. The organization reported total revenue of $28.5M and total assets of $94.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Receivership Office Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Receivership Office Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $698K |
| Total Expenses | $618K |
| Surplus / Deficit | +$80K |
| Total Assets | $90.9M |
| Total Liabilities | $90.7M |
| Net Assets | $185K |
| Operating Margin | 11.5% |
| Debt-to-Asset Ratio | 99.8% |
| Months of Reserves | 1766.3 months |
Financial Health Grade: A
In 2023, Oklahoma Receivership Office Inc reported a surplus of $80K with revenue exceeding expenses, holds 1766.3 months of operating reserves (strong position), has a debt-to-asset ratio of 99.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oklahoma Receivership Office Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +4.3% | +44.7% |
| 2022 | +14.8% | +1.9% | -6.8% |
| 2021 | -9.9% | -6.5% | +29.6% |
| 2020 | -8.8% | -4.4% | +23.7% |
| 2019 | +9.1% | +9.9% | -21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Receivership Office Inc with a Mission Score of 85 out of 100 (Excellent). 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 Receivership Office Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 99.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated through the organization's funds, which is highly unusual for an organization managing assets of nearly $91 million.
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 Receivership Office Inc's IRS 990 filings:
- High liabilities relative to assets, suggesting a specific financial management role rather than traditional charitable asset accumulation.
- Lack of detailed program spending breakdown in summary data, making it difficult to fully assess efficiency.
Strengths
The following positive indicators were identified for Oklahoma Receivership Office Inc:
- Consistent financial reporting and transparency through regular IRS 990 filings.
- Zero reported officer compensation, indicating a potentially volunteer-driven or highly cost-efficient leadership structure.
- Stable revenue and expense patterns over multiple years, suggesting predictable operations.
Frequently Asked Questions about Oklahoma Receivership Office Inc
Is Oklahoma Receivership Office Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oklahoma Receivership Office Inc (EIN: 205859907) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Oklahoma Receivership Office Inc spend its money?
Oklahoma Receivership Office Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oklahoma Receivership Office Inc tax-deductible?
Oklahoma Receivership Office Inc is registered as a tax-exempt nonprofit (EIN: 205859907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oklahoma Receivership Office Inc CEO make?
Oklahoma Receivership Office Inc's highest-compensated officer earns $91 annually. The organization reported $28.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oklahoma Receivership Office Inc's spending goes to programs?
Oklahoma Receivership Office Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oklahoma Receivership Office Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oklahoma Receivership Office Inc is above average for NTEE category E118 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oklahoma Receivership Office Inc located?
Oklahoma Receivership Office Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 205859907. It is classified under NTEE code E118.
How many years of IRS 990 filings does Oklahoma Receivership Office Inc have?
Oklahoma Receivership Office Inc 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 $28.5M in total revenue.
What is the nature of the 'receivership' activities that account for the large assets and liabilities?
The provided data indicates the organization manages significant assets and liabilities (e.g., $90,920,549 in assets and $90,735,873 in liabilities in 2023), which is characteristic of a receivership entity. Further investigation into their specific activities would clarify how these financial instruments relate to their stated mission.
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based, compensated by another entity, or that the organization's operational model does not involve direct salary payments to its officers from its own revenue. This is a significant operational characteristic that warrants further inquiry.
What is the detailed breakdown of program vs. administrative expenses?
While overall expenses are reported (e.g., $617,691 in 2023), the summary data does not provide a granular breakdown of how these expenses are allocated between program services, administrative costs, and fundraising. This information is crucial for a complete assessment of spending efficiency.
Filing History
IRS 990 filing history for Oklahoma Receivership Office Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oklahoma Receivership Office Inc's revenue has grown by 105%, moving from $340K to $698K. Total assets increased by 53407.2% over the same period, from $170K to $90.9M. Total functional expenses rose by 81.4%, from $340K to $618K. In its most recent filing year (2023), Oklahoma Receivership Office Inc reported a surplus of $80K, with revenue exceeding expenses. The organization holds $90.7M in liabilities against $90.9M in assets (debt-to-asset ratio: 99.8%), resulting in net assets of $185K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $698K | $618K | $90.9M | $90.7M | — | — |
| 2022 | $631K | $592K | $62.8M | $62.7M | — | View 990 |
| 2021 | $550K | $581K | $67.4M | $67.4M | — | View 990 |
| 2020 | $610K | $622K | $52.0M | $51.9M | — | View 990 |
| 2019 | $669K | $650K | $42.0M | $41.9M | — | View 990 |
| 2018 | $614K | $592K | $53.6M | $53.5M | — | View 990 |
| 2017 | $594K | $577K | $53.9M | $53.9M | — | View 990 |
| 2016 | $572K | $560K | $53.5M | $53.5M | — | View 990 |
| 2015 | $505K | $496K | $61.9M | $61.9M | — | View 990 |
| 2014 | $508K | $520K | $77.0M | $76.9M | — | View 990 |
| 2013 | $492K | $481K | $77.3M | $77.2M | — | View 990 |
| 2012 | $546K | $516K | $79.1M | $79.0M | — | View 990 |
| 2011 | $340K | $340K | $170K | $170K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $698K, expenses of $618K, and assets of $90.9M (revenue +10.5% year-over-year).
- 2022: Revenue of $631K, expenses of $592K, and assets of $62.8M (revenue +14.8% year-over-year).
- 2021: Revenue of $550K, expenses of $581K, and assets of $67.4M (revenue -9.9% year-over-year).
- 2020: Revenue of $610K, expenses of $622K, and assets of $52.0M (revenue -8.8% year-over-year).
- 2019: Revenue of $669K, expenses of $650K, and assets of $42.0M (revenue +9.1% year-over-year).
- 2018: Revenue of $614K, expenses of $592K, and assets of $53.6M (revenue +3.3% year-over-year).
- 2017: Revenue of $594K, expenses of $577K, and assets of $53.9M (revenue +3.9% year-over-year).
- 2016: Revenue of $572K, expenses of $560K, and assets of $53.5M (revenue +13.4% year-over-year).
- 2015: Revenue of $505K, expenses of $496K, and assets of $61.9M (revenue -0.7% year-over-year).
- 2014: Revenue of $508K, expenses of $520K, and assets of $77.0M (revenue +3.3% year-over-year).
- 2013: Revenue of $492K, expenses of $481K, and assets of $77.3M (revenue -10.0% year-over-year).
- 2012: Revenue of $546K, expenses of $516K, and assets of $79.1M (revenue +60.5% year-over-year).
- 2011: Revenue of $340K, expenses of $340K, and assets of $170K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Receivership Office Inc:
Data Sources and Methodology
This transparency report for Oklahoma Receivership Office Inc 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.