Opry Heritage Foundation Of Oklahoma
Opry Heritage Foundation Of Oklahoma shows strong financial growth and zero officer compensation.
EIN: 20724111 · Oklahoma City, OK · NTEE: A25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $631K |
| Total Expenses | $386K |
| Program Spending | 85% |
| Net Assets | $390K |
| Transparency Score | 90/100 |
Is Opry Heritage Foundation Of Oklahoma Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Opry Heritage Foundation Of Oklahoma directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Opry Heritage Foundation Of Oklahoma
Opry Heritage Foundation Of Oklahoma (EIN: 20724111) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code A25. The organization reported total revenue of $631K and total assets of $684K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opry Heritage Foundation Of Oklahoma's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opry Heritage Foundation Of Oklahoma is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $467K |
| Total Expenses | $386K |
| Surplus / Deficit | +$81K |
| Total Assets | $422K |
| Total Liabilities | $33K |
| Net Assets | $390K |
| Operating Margin | 17.3% |
| Debt-to-Asset Ratio | 7.7% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2023, Opry Heritage Foundation Of Oklahoma reported a surplus of $81K with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.7% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +31.5% | +70.4% |
| 2021 | +56.6% | +21.2% | +163.7% |
| 2020 | -5.8% | -18.7% | +27.7% |
| 2019 | +9.5% | +10.5% | -3.6% |
| 2018 | +8.0% | -8.8% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Opry Heritage Foundation Of Oklahoma with a Mission Score of 90 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, Opry Heritage Foundation Of Oklahoma 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 surplus of $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid volunteers or compensated through non-officer categories, which is a positive sign for resource allocation to mission-related activities.
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.
Strengths
The following positive indicators were identified for Opry Heritage Foundation Of Oklahoma:
- Consistent revenue growth, from $272,003 in 202012 to $467,347 in 202312.
- Significant increase in net assets, from $93,963 in 202012 to $422,142 in 202312.
- 0% officer compensation reported across all filings, indicating efficient use of funds.
- Consistent surplus of revenue over expenses in recent years, demonstrating sound financial management.
- Low liabilities relative to assets, indicating strong financial solvency.
Frequently Asked Questions about Opry Heritage Foundation Of Oklahoma
Is Opry Heritage Foundation Of Oklahoma a legitimate charity?
Opry Heritage Foundation Of Oklahoma (EIN: 20724111) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $631K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Opry Heritage Foundation Of Oklahoma spend its money?
Opry Heritage Foundation Of Oklahoma directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Opry Heritage Foundation Of Oklahoma tax-deductible?
Opry Heritage Foundation Of Oklahoma is registered as a tax-exempt nonprofit (EIN: 20724111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Opry Heritage Foundation Of Oklahoma's spending goes to programs?
Opry Heritage Foundation Of Oklahoma directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Opry Heritage Foundation Of Oklahoma compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Opry Heritage Foundation Of Oklahoma is above average for NTEE category A25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Opry Heritage Foundation Of Oklahoma located?
Opry Heritage Foundation Of Oklahoma is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 20724111. It is classified under NTEE code A25.
How many years of IRS 990 filings does Opry Heritage Foundation Of Oklahoma have?
Opry Heritage Foundation Of Oklahoma has 13 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 $631K in total revenue.
Is Opry Heritage Foundation Of Oklahoma financially stable?
Yes, the organization appears financially stable, with consistent revenue growth, increasing assets from $93,963 in 202012 to $422,142 in 202312, and a healthy surplus of revenue over expenses in recent periods.
How does Opry Heritage Foundation Of Oklahoma manage executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or compensation structured in a way that does not fall under 'officer compensation'.
Has the organization's financial health improved over time?
Yes, the organization has shown significant financial improvement, with revenue growing from $272,003 in 202012 to $467,347 in 202312, and assets increasing substantially over the same period.
Filing History
IRS 990 filing history for Opry Heritage Foundation Of Oklahoma showing financial trends over 13 years of public records:
In its most recent filing year (2023), Opry Heritage Foundation Of Oklahoma reported a surplus of $81K, with revenue exceeding expenses. The organization holds $33K in liabilities against $422K in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $390K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $467K | $386K | $422K | $33K | — | — |
| 2021 | $426K | $294K | $248K | $12K | — | View 990 |
| 2020 | $272K | $242K | $94K | $3K | — | View 990 |
| 2019 | $289K | $298K | $74K | $9K | — | View 990 |
| 2018 | $264K | $270K | $76K | $3K | — | View 990 |
| 2017 | $244K | $296K | $82K | $12K | — | View 990 |
| 2016 | $335K | $310K | $140K | $18K | — | View 990 |
| 2015 | $284K | $317K | $113K | $16K | — | View 990 |
| 2014 | $346K | $318K | $151K | $20K | — | View 990 |
| 2013 | $330K | $308K | $104K | $1K | — | View 990 |
| 2012 | $312K | $279K | $108K | $25K | — | View 990 |
| 2011 | $328K | $222K | $267K | $11K | — | View 990 |
| 2010 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $467K, expenses of $386K, and assets of $422K (revenue +9.7% year-over-year).
- 2021: Revenue of $426K, expenses of $294K, and assets of $248K (revenue +56.6% year-over-year).
- 2020: Revenue of $272K, expenses of $242K, and assets of $94K (revenue -5.8% year-over-year).
- 2019: Revenue of $289K, expenses of $298K, and assets of $74K (revenue +9.5% year-over-year).
- 2018: Revenue of $264K, expenses of $270K, and assets of $76K (revenue +8.0% year-over-year).
- 2017: Revenue of $244K, expenses of $296K, and assets of $82K (revenue -27.0% year-over-year).
- 2016: Revenue of $335K, expenses of $310K, and assets of $140K (revenue +18.1% year-over-year).
- 2015: Revenue of $284K, expenses of $317K, and assets of $113K (revenue -18.0% year-over-year).
- 2014: Revenue of $346K, expenses of $318K, and assets of $151K (revenue +4.7% year-over-year).
- 2013: Revenue of $330K, expenses of $308K, and assets of $104K (revenue +5.8% year-over-year).
- 2012: Revenue of $312K, expenses of $279K, and assets of $108K (revenue -4.9% year-over-year).
- 2011: Revenue of $328K, expenses of $222K, and assets of $267K.
- 2010: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opry Heritage Foundation Of Oklahoma:
Data Sources and Methodology
This transparency report for Opry Heritage Foundation Of Oklahoma 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.