Oklahoma Therapeutic Foster Care Association
EIN: 731550449 · Norman, OK
| Metric | Value |
|---|---|
| Total Expenses | $49K |
| Net Assets | $6K |
Is Oklahoma Therapeutic Foster Care Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oklahoma Therapeutic Foster Care Association
Oklahoma Therapeutic Foster Care Association (EIN: 731550449) is a nonprofit organization based in Norman, OK. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oklahoma Therapeutic Foster Care Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oklahoma Therapeutic Foster Care Association is a micro nonprofit, with 5 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $49K |
| Surplus / Deficit | $-3,536 |
| Total Assets | $6K |
| Net Assets | $6K |
| Operating Margin | -7.7% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2016, Oklahoma Therapeutic Foster Care Association reported a deficit of $4K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2012–2016), Oklahoma Therapeutic Foster Care Association's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -19.2% | -12.1% | -38.9% |
| 2015 | +9.1% | +0.3% | +7.0% |
| 2014 | -4.9% | +9.7% | -31.9% |
| 2013 | +1.4% | -1.9% | +41.2% |
AI Analysis Pending
AI enrichment for Oklahoma Therapeutic Foster Care Association 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 Therapeutic Foster Care Association 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Oklahoma Therapeutic Foster Care Association
Is Oklahoma Therapeutic Foster Care Association a legitimate charity?
Oklahoma Therapeutic Foster Care Association (EIN: 731550449) is a registered tax-exempt nonprofit based in Oklahoma. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Oklahoma Therapeutic Foster Care Association spend its money?
Oklahoma Therapeutic Foster Care Association reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oklahoma Therapeutic Foster Care Association tax-deductible?
Oklahoma Therapeutic Foster Care Association is registered as a tax-exempt nonprofit (EIN: 731550449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oklahoma Therapeutic Foster Care Association located?
Oklahoma Therapeutic Foster Care Association is headquartered in Norman, Oklahoma and files with the IRS under EIN 731550449.
How many years of IRS 990 filings does Oklahoma Therapeutic Foster Care Association have?
Oklahoma Therapeutic Foster Care Association has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Oklahoma Therapeutic Foster Care Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), Oklahoma Therapeutic Foster Care Association's revenue has declined by 15.1%, moving from $54K to $46K. Total assets decreased by 37.1% over the same period, from $9K to $6K. Total functional expenses fell by 5.1%, from $52K to $49K. In its most recent filing year (2016), Oklahoma Therapeutic Foster Care Association reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $46K | $49K | $6K | $0 | — | View 990 |
| 2015 | $57K | $56K | $9K | $0 | — | View 990 |
| 2014 | $52K | $56K | $8K | $0 | — | View 990 |
| 2013 | $55K | $51K | $12K | $0 | — | View 990 |
| 2012 | $54K | $52K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $46K, expenses of $49K, and assets of $6K (revenue -19.2% year-over-year).
- 2015: Revenue of $57K, expenses of $56K, and assets of $9K (revenue +9.1% year-over-year).
- 2014: Revenue of $52K, expenses of $56K, and assets of $8K (revenue -4.9% year-over-year).
- 2013: Revenue of $55K, expenses of $51K, and assets of $12K (revenue +1.4% year-over-year).
- 2012: Revenue of $54K, expenses of $52K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oklahoma Therapeutic Foster Care Association:
Data Sources and Methodology
This transparency report for Oklahoma Therapeutic Foster Care 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.