Olmsted Community Center
Olmsted Community Center consistently generates surpluses, maintains strong assets, and reports no officer compensation.
EIN: 10722133 · Olmsted Falls, OH · NTEE: O20 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $584K |
| Total Expenses | $507K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500,000 |
| Net Assets | $1.1M |
| Transparency Score | 95/100 |
Is Olmsted Community Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Olmsted Community Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Olmsted Community Center
Olmsted Community Center (EIN: 10722133) is a nonprofit organization based in Olmsted Falls, OH, classified under NTEE code O20. The organization reported total revenue of $584K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olmsted Community Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olmsted Community Center is a small nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $601K |
| Total Expenses | $507K |
| Surplus / Deficit | +$94K |
| Total Assets | $1.1M |
| Total Liabilities | $83K |
| Net Assets | $1.1M |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 27.2 months |
Financial Health Grade: A
In 2023, Olmsted Community Center reported a surplus of $94K with revenue exceeding expenses, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Olmsted Community Center's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.4% | +10.7% | +8.0% |
| 2022 | +101.9% | -1.1% | +28.9% |
| 2020 | -50.3% | -30.0% | -4.8% |
| 2019 | -2.2% | +4.9% | +1.8% |
| 2018 | +11.0% | +8.1% | +7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Olmsted Community Center with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Olmsted Community Center allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $94K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with over $500,000 in annual expenses and suggests a strong commitment to directing funds to programs.
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 Olmsted Community Center's IRS 990 filings:
- Unusually low or zero reported officer compensation, which while positive for efficiency, can sometimes obscure how leadership is compensated if not volunteer.
Strengths
The following positive indicators were identified for Olmsted Community Center:
- Consistent financial surpluses, with revenue exceeding expenses in most years (e.g., $600,686 revenue vs. $507,148 expenses in 2023).
- Strong and growing asset base, increasing from $694,388 in 2013 to $1,148,069 in 2023.
- Very low liabilities relative to assets, indicating strong financial stability (e.g., $82,648 liabilities vs. $1,148,069 assets in 2023).
- 0% reported officer compensation across all filings, suggesting high efficiency and dedication of funds to mission.
- Stable revenue streams over the past decade, demonstrating consistent community support.
Frequently Asked Questions about Olmsted Community Center
Is Olmsted Community Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Olmsted Community Center (EIN: 10722133) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Olmsted Community Center spend its money?
Olmsted Community Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Olmsted Community Center tax-deductible?
Olmsted Community Center is registered as a tax-exempt nonprofit (EIN: 10722133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Olmsted Community Center CEO make?
Olmsted Community Center's highest-compensated officer earns $500,000 annually. The organization reported $584K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Olmsted Community Center compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Olmsted Community Center is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Olmsted Community Center located?
Olmsted Community Center is headquartered in Olmsted Falls, Ohio and files with the IRS under EIN 10722133. It is classified under NTEE code O20.
How many years of IRS 990 filings does Olmsted Community Center have?
Olmsted Community Center 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 $584K in total revenue.
Is Olmsted Community Center a good charity?
Based on its financial data, Olmsted Community Center appears to be a very good charity. It consistently generates surpluses, maintains a strong asset base ($1,148,069 in 2023), and notably reports 0% officer compensation, suggesting a high dedication of funds to its mission.
How has Olmsted Community Center's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $694,388 in 2013 to $1,148,069 in 2023, and consistent revenue exceeding expenses in most years, indicating sustainable growth and stability.
What is Olmsted Community Center's spending efficiency?
Spending efficiency is excellent, particularly due to the reported 0% officer compensation. This implies that a very high percentage of expenses are directed towards program services and essential operations, maximizing impact per dollar.
Filing History
IRS 990 filing history for Olmsted Community Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Olmsted Community Center's revenue has grown by 49.3%, moving from $402K to $601K. Total assets increased by 95.6% over the same period, from $587K to $1.1M. Total functional expenses rose by 22%, from $416K to $507K. In its most recent filing year (2023), Olmsted Community Center reported a surplus of $94K, with revenue exceeding expenses. The organization holds $83K in liabilities against $1.1M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $601K | $507K | $1.1M | $83K | — | — |
| 2022 | $678K | $458K | $1.1M | $92K | — | — |
| 2020 | $336K | $463K | $825K | $88K | — | — |
| 2019 | $675K | $661K | $866K | $2K | — | View 990 |
| 2018 | $691K | $630K | $851K | $269 | — | View 990 |
| 2017 | $622K | $583K | $791K | $269 | — | View 990 |
| 2016 | $617K | $538K | $840K | $88K | — | View 990 |
| 2015 | $648K | $587K | $779K | $105K | — | View 990 |
| 2014 | $661K | $603K | $736K | $125K | — | View 990 |
| 2013 | $619K | $548K | $694K | $140K | — | View 990 |
| 2012 | $602K | $537K | $638K | $153K | — | View 990 |
| 2011 | $402K | $416K | $587K | $166K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $601K, expenses of $507K, and assets of $1.1M (revenue -11.4% year-over-year).
- 2022: Revenue of $678K, expenses of $458K, and assets of $1.1M (revenue +101.9% year-over-year).
- 2020: Revenue of $336K, expenses of $463K, and assets of $825K (revenue -50.3% year-over-year).
- 2019: Revenue of $675K, expenses of $661K, and assets of $866K (revenue -2.2% year-over-year).
- 2018: Revenue of $691K, expenses of $630K, and assets of $851K (revenue +11.0% year-over-year).
- 2017: Revenue of $622K, expenses of $583K, and assets of $791K (revenue +0.8% year-over-year).
- 2016: Revenue of $617K, expenses of $538K, and assets of $840K (revenue -4.8% year-over-year).
- 2015: Revenue of $648K, expenses of $587K, and assets of $779K (revenue -1.9% year-over-year).
- 2014: Revenue of $661K, expenses of $603K, and assets of $736K (revenue +6.9% year-over-year).
- 2013: Revenue of $619K, expenses of $548K, and assets of $694K (revenue +2.8% year-over-year).
- 2012: Revenue of $602K, expenses of $537K, and assets of $638K (revenue +49.6% year-over-year).
- 2011: Revenue of $402K, expenses of $416K, and assets of $587K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olmsted Community Center:
Data Sources and Methodology
This transparency report for Olmsted Community Center 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.