Oneonta Boys Club Inc
Oneonta Boys Club Inc. consistently grows assets with zero reported officer compensation and fluctuating but strong revenues.
EIN: 160921669 · Oneonta, NY · NTEE: O210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $30.6 |
| Net Assets | $28.8M |
| Transparency Score | 92/100 |
Is Oneonta Boys Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oneonta Boys Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oneonta Boys Club Inc
Oneonta Boys Club Inc (EIN: 160921669) is a nonprofit organization based in Oneonta, NY, classified under NTEE code O210. The organization reported total revenue of $5.6M and total assets of $31.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oneonta Boys Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oneonta Boys Club Inc is a mid-size nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$644K |
| Total Assets | $30.6M |
| Total Liabilities | $1.8M |
| Net Assets | $28.8M |
| Operating Margin | 26.1% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 200.8 months |
Financial Health Grade: A
In 2024, Oneonta Boys Club Inc reported a surplus of $644K with revenue exceeding expenses, holds 200.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Oneonta Boys Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +62.4% | +59.8% | +7.3% |
| 2023 | -36.9% | +11.2% | +9.6% |
| 2022 | -79.5% | +17.2% | -6.6% |
| 2021 | +1459.5% | +2.4% | +22.6% |
| 2020 | -61.3% | +0.7% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Oneonta Boys Club Inc with a Mission Score of 92 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, Oneonta Boys Club Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $644K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and asset base ($30.6 million in 2024).
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 Oneonta Boys Club Inc's IRS 990 filings:
- Unusually low reported liabilities relative to assets, which could indicate incomplete reporting or specific financial structures.
- Zero reported officer compensation for an organization with over $30 million in assets, which is highly uncommon and warrants further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Oneonta Boys Club Inc:
- Consistent and significant asset growth, indicating strong financial health and sustainability.
- Zero reported officer compensation, suggesting a high dedication of resources to the mission.
- Expenses consistently well below revenue, leading to healthy surpluses and asset accumulation.
- Low liabilities across most periods, indicating sound financial management and minimal debt.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Oneonta Boys Club Inc
Is Oneonta Boys Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oneonta Boys Club Inc (EIN: 160921669) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Oneonta Boys Club Inc spend its money?
Oneonta Boys Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oneonta Boys Club Inc tax-deductible?
Oneonta Boys Club Inc is registered as a tax-exempt nonprofit (EIN: 160921669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oneonta Boys Club Inc CEO make?
Oneonta Boys Club Inc's highest-compensated officer earns $30.6 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Oneonta Boys Club Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Oneonta Boys Club Inc is above average for NTEE category O210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oneonta Boys Club Inc located?
Oneonta Boys Club Inc is headquartered in Oneonta, New York and files with the IRS under EIN 160921669. It is classified under NTEE code O210.
How many years of IRS 990 filings does Oneonta Boys Club Inc have?
Oneonta Boys Club Inc has 14 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 $5.6M in total revenue.
Is Oneonta Boys Club Inc. a good charity?
Based on the provided data, Oneonta Boys Club Inc. appears to be a very good charity. It consistently grows its assets, reports zero officer compensation, and maintains low liabilities, indicating strong financial health and efficient resource management.
How does Oneonta Boys Club Inc. manage its executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation.
What is the trend in Oneonta Boys Club Inc.'s financial growth?
Oneonta Boys Club Inc. has shown consistent asset growth, increasing from $19.2 million in 2015 to over $30.6 million in 2024. Revenue has fluctuated but generally remained strong, significantly exceeding expenses in most years, contributing to this growth.
Does Oneonta Boys Club Inc. spend efficiently?
Yes, the organization appears to spend very efficiently. Expenses are consistently lower than revenue, and the reported 0% officer compensation suggests a high proportion of funds are directed towards its mission or asset building.
Filing History
IRS 990 filing history for Oneonta Boys Club Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Oneonta Boys Club Inc's revenue has grown by 431.7%, moving from $465K to $2.5M. Total assets increased by 97.2% over the same period, from $15.5M to $30.6M. Total functional expenses rose by 160.9%, from $701K to $1.8M. In its most recent filing year (2024), Oneonta Boys Club Inc reported a surplus of $644K, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $30.6M in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $28.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.5M | $1.8M | $30.6M | $1.8M | — | View 990 |
| 2023 | $1.5M | $1.1M | $28.5M | $1.6M | — | View 990 |
| 2022 | $2.4M | $1.0M | $26.0M | $4K | — | View 990 |
| 2021 | $11.8M | $878K | $27.9M | $3K | — | View 990 |
| 2020 | $754K | $858K | $22.7M | $95K | — | View 990 |
| 2019 | $1.9M | $852K | $22.9M | $2K | — | View 990 |
| 2018 | $591K | $792K | $22.8M | $2K | — | View 990 |
| 2017 | $774K | $713K | $21.0M | $1K | — | View 990 |
| 2016 | $559K | $679K | $19.9M | $1K | — | View 990 |
| 2015 | $730K | $728K | $19.2M | $852 | — | View 990 |
| 2014 | $737K | $700K | $19.0M | $750 | — | View 990 |
| 2013 | $-30,534 | $683K | $17.9M | $419 | — | View 990 |
| 2012 | $512K | $686K | $16.0M | $342 | — | View 990 |
| 2011 | $465K | $701K | $15.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.5M, expenses of $1.8M, and assets of $30.6M (revenue +62.4% year-over-year).
- 2023: Revenue of $1.5M, expenses of $1.1M, and assets of $28.5M (revenue -36.9% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.0M, and assets of $26.0M (revenue -79.5% year-over-year).
- 2021: Revenue of $11.8M, expenses of $878K, and assets of $27.9M (revenue +1459.5% year-over-year).
- 2020: Revenue of $754K, expenses of $858K, and assets of $22.7M (revenue -61.3% year-over-year).
- 2019: Revenue of $1.9M, expenses of $852K, and assets of $22.9M (revenue +230.0% year-over-year).
- 2018: Revenue of $591K, expenses of $792K, and assets of $22.8M (revenue -23.7% year-over-year).
- 2017: Revenue of $774K, expenses of $713K, and assets of $21.0M (revenue +38.4% year-over-year).
- 2016: Revenue of $559K, expenses of $679K, and assets of $19.9M (revenue -23.4% year-over-year).
- 2015: Revenue of $730K, expenses of $728K, and assets of $19.2M (revenue -0.9% year-over-year).
- 2014: Revenue of $737K, expenses of $700K, and assets of $19.0M.
- 2013: Revenue of $-30,534, expenses of $683K, and assets of $17.9M (revenue -106.0% year-over-year).
- 2012: Revenue of $512K, expenses of $686K, and assets of $16.0M (revenue +10.0% year-over-year).
- 2011: Revenue of $465K, expenses of $701K, and assets of $15.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oneonta Boys Club Inc:
Data Sources and Methodology
This transparency report for Oneonta Boys Club 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.