Ollie Webb Center Inc
Ollie Webb Center Inc. shows consistent revenue but recent filings indicate expenses exceeding income.
EIN: 203311641 · Omaha, NE · NTEE: E02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| Net Assets | $418K |
| Transparency Score | 80/100 |
Is Ollie Webb Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ollie Webb Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ollie Webb Center Inc
Ollie Webb Center Inc (EIN: 203311641) is a nonprofit organization based in Omaha, NE, classified under NTEE code E02. The organization reported total revenue of $1.7M and total assets of $169K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ollie Webb Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ollie Webb Center Inc is a mid-size nonprofit that has been operating for 9 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-108,264 |
| Total Assets | $441K |
| Total Liabilities | $22K |
| Net Assets | $418K |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Ollie Webb Center Inc reported a deficit of $108K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Ollie Webb Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.7% | +8.6% | -26.6% |
| 2022 | -9.2% | +8.2% | -23.9% |
| 2021 | -10.3% | +13.4% | +5.7% |
| 2020 | +10.6% | -17.1% | +112.3% |
| 2019 | +0.7% | -9.6% | -8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
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 Ollie Webb Center Inc with a Mission Score of 80 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, Ollie Webb Center 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 deficit of $108K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization of this size and suggests a strong volunteer leadership model or that compensation is reported differently.
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 Ollie Webb Center Inc's IRS 990 filings:
- Expenses exceeded revenue in the two most recent filings (2022 and 2023), indicating potential operational deficits.
- Declining asset base from $789,667 in 2021 to $440,609 in 2023.
Strengths
The following positive indicators were identified for Ollie Webb Center Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to mission-focused spending.
- Long operational history with consistent revenue generation over $1.5 million annually.
- Low liabilities relative to assets in most periods, suggesting good debt management.
Frequently Asked Questions about Ollie Webb Center Inc
Is Ollie Webb Center Inc a legitimate charity?
Ollie Webb Center Inc (EIN: 203311641) is a registered tax-exempt nonprofit based in Nebraska. Our AI analysis gives it a Mission Score of 80/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Ollie Webb Center Inc spend its money?
Ollie Webb Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ollie Webb Center Inc tax-deductible?
Ollie Webb Center Inc is registered as a tax-exempt nonprofit (EIN: 203311641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ollie Webb Center Inc's spending goes to programs?
Ollie Webb Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ollie Webb Center Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Ollie Webb Center Inc is above average for NTEE category E02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ollie Webb Center Inc located?
Ollie Webb Center Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 203311641. It is classified under NTEE code E02.
How many years of IRS 990 filings does Ollie Webb Center Inc have?
Ollie Webb Center Inc has 12 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 $1.7M in total revenue.
Is Ollie Webb Center Inc. financially stable?
While the organization has a long operating history and substantial revenue, recent filings (2022 and 2023) show expenses exceeding revenue, which could impact long-term financial stability if not addressed. Assets have also decreased from a high in 2021.
How does Ollie Webb Center Inc. manage executive compensation?
All available IRS 990 filings consistently report 0% officer compensation, suggesting that executive leadership may be entirely volunteer-based or compensated through other means not reflected in this specific line item.
What is the trend in the organization's assets?
Assets have fluctuated, peaking at $789,667 in 2021 and then declining to $440,609 in 2023. This downward trend in assets, coupled with recent operating deficits, warrants attention.
Filing History
IRS 990 filing history for Ollie Webb Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Ollie Webb Center Inc's revenue has grown by 12.4%, moving from $1.6M to $1.8M. Total assets increased by 62.2% over the same period, from $272K to $441K. Total functional expenses rose by 18.2%, from $1.6M to $1.9M. In its most recent filing year (2023), Ollie Webb Center Inc reported a deficit of $108K, with expenses exceeding revenue. The organization holds $22K in liabilities against $441K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $441K | $22K | — | View 990 |
| 2022 | $1.5M | $1.7M | $601K | $73K | — | View 990 |
| 2021 | $1.6M | $1.6M | $790K | $25K | — | — |
| 2020 | $1.8M | $1.4M | $747K | $26K | — | View 990 |
| 2019 | $1.6M | $1.7M | $352K | $49K | — | View 990 |
| 2018 | $1.6M | $1.9M | $386K | $37K | — | View 990 |
| 2016 | $1.8M | $1.8M | $568K | $58K | — | View 990 |
| 2015 | $1.8M | $1.7M | $565K | $53K | — | View 990 |
| 2014 | $1.7M | $1.5M | $493K | $49K | — | View 990 |
| 2013 | $1.6M | $1.5M | $321K | $75K | — | View 990 |
| 2012 | $1.5M | $1.5M | $216K | $45K | — | View 990 |
| 2011 | $1.6M | $1.6M | $272K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $441K (revenue +18.7% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.7M, and assets of $601K (revenue -9.2% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $790K (revenue -10.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.4M, and assets of $747K (revenue +10.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.7M, and assets of $352K (revenue +0.7% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.9M, and assets of $386K (revenue -9.3% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $568K (revenue -0.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $565K (revenue +6.3% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.5M, and assets of $493K (revenue +7.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $321K (revenue +7.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.5M, and assets of $216K (revenue -6.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.6M, and assets of $272K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ollie Webb Center Inc:
Data Sources and Methodology
This transparency report for Ollie Webb Center 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.