Oklahoma Senior Follies Inc
EIN: 811235700 · Oklahoma City, OK · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $54K |
| Net Assets | $47K |
Is Oklahoma Senior Follies Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oklahoma Senior Follies Inc
Oklahoma Senior Follies Inc (EIN: 811235700) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code A60. The organization reported total revenue of $43K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Senior Follies Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Senior Follies Inc is a micro nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $54K |
| Surplus / Deficit | $-25,080 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -85.7% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2023, Oklahoma Senior Follies Inc reported a deficit of $25K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2017–2023), Oklahoma Senior Follies Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.4% | -2.6% | -34.9% |
| 2022 | +222.4% | +61.7% | +58.0% |
| 2021 | +1010.9% | +992.2% | -16.4% |
| 2020 | -89.5% | -84.4% | +22.6% |
| 2019 | -25.0% | -42.8% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oklahoma Senior Follies Inc 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 Senior Follies Inc 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 $25K, with expenses exceeding revenue.
Frequently Asked Questions about Oklahoma Senior Follies Inc
Is Oklahoma Senior Follies Inc a legitimate charity?
Oklahoma Senior Follies Inc (EIN: 811235700) is a registered tax-exempt nonprofit based in Oklahoma. It has 7 years of IRS 990 filings on record. Total revenue: $43K. No red flags identified. Financial health grade: B.
How does Oklahoma Senior Follies Inc spend its money?
Oklahoma Senior Follies Inc reported $43K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oklahoma Senior Follies Inc tax-deductible?
Oklahoma Senior Follies Inc is registered as a tax-exempt nonprofit (EIN: 811235700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oklahoma Senior Follies Inc located?
Oklahoma Senior Follies Inc is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 811235700. It is classified under NTEE code A60.
How many years of IRS 990 filings does Oklahoma Senior Follies Inc have?
Oklahoma Senior Follies Inc has 7 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 $43K in total revenue.
Filing History
IRS 990 filing history for Oklahoma Senior Follies Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Oklahoma Senior Follies Inc's revenue has declined by 50.1%, moving from $59K to $29K. Total assets decreased by 4.7% over the same period, from $49K to $47K. Total functional expenses rose by 37.3%, from $40K to $54K. In its most recent filing year (2023), Oklahoma Senior Follies Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $54K | $47K | $0 | — | — |
| 2022 | $82K | $56K | $72K | $0 | — | View 990 |
| 2021 | $25K | $35K | $45K | $0 | — | — |
| 2020 | $2K | $3K | $54K | $0 | — | View 990 |
| 2019 | $22K | $20K | $44K | $0 | — | View 990 |
| 2018 | $29K | $35K | $43K | $0 | — | View 990 |
| 2017 | $59K | $40K | $49K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $54K, and assets of $47K (revenue -64.4% year-over-year).
- 2022: Revenue of $82K, expenses of $56K, and assets of $72K (revenue +222.4% year-over-year).
- 2021: Revenue of $25K, expenses of $35K, and assets of $45K (revenue +1010.9% year-over-year).
- 2020: Revenue of $2K, expenses of $3K, and assets of $54K (revenue -89.5% year-over-year).
- 2019: Revenue of $22K, expenses of $20K, and assets of $44K (revenue -25.0% year-over-year).
- 2018: Revenue of $29K, expenses of $35K, and assets of $43K (revenue -50.4% year-over-year).
- 2017: Revenue of $59K, expenses of $40K, and assets of $49K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Senior Follies Inc:
Data Sources and Methodology
This transparency report for Oklahoma Senior Follies 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.