Oquossoc Angling Assoc
Oquossoc Angling Assoc consistently operates with a surplus and zero reported officer compensation.
EIN: 10132580 · Smyrna, GA · Updated: 2026-03-26
Is Oquossoc Angling Assoc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oquossoc Angling Assoc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oquossoc Angling Assoc
Oquossoc Angling Assoc (EIN: 10132580) is a nonprofit organization based in Smyrna, GA. The organization reported total revenue of $268K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oquossoc Angling Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oquossoc Angling Assoc 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, Oquossoc Angling Assoc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with extremely low administrative overhead, which is highly efficient for an organization of its size with assets over $1.4 million.
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 Oquossoc Angling Assoc:
- Consistent financial surplus (e.g., $44,610 in 2023: $307,784 revenue - $263,174 expenses).
- Zero reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Steady growth in assets over the past decade, from $1.13M in 2014 to $1.42M in 2023.
- Very low liabilities, demonstrating strong financial health and responsible management (e.g., $9,204 in 2023).
- Consistent filing of IRS 990s, indicating good transparency and accountability.
Frequently Asked Questions about Oquossoc Angling Assoc
Is Oquossoc Angling Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oquossoc Angling Assoc (EIN: 10132580) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Oquossoc Angling Assoc spend its money?
Oquossoc Angling Assoc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oquossoc Angling Assoc tax-deductible?
Oquossoc Angling Assoc is registered as a tax-exempt nonprofit (EIN: 10132580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Oquossoc Angling Assoc a good charity?
Based on the available financial data, Oquossoc Angling Assoc appears to be a very good charity. It consistently operates with a financial surplus, has growing assets, and reports 0% officer compensation, suggesting high efficiency and dedication to its mission.
How does Oquossoc Angling Assoc manage its finances?
The organization manages its finances prudently, consistently generating more revenue than expenses (e.g., $307,784 revenue vs. $263,174 expenses in 2023) and steadily increasing its asset base from $1.13M in 2014 to $1.42M in 2023, while maintaining very low liabilities.
What is the trend in Oquossoc Angling Assoc's assets?
Oquossoc Angling Assoc has shown a consistent upward trend in its assets, growing from $1,134,046 in 2014 to $1,420,520 in 2023, indicating financial growth and stability.
Filing History
IRS 990 filing history for Oquossoc Angling Assoc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oquossoc Angling Assoc's revenue has grown by 45.5%, moving from $212K to $308K. Total assets increased by 44.1% over the same period, from $986K to $1.4M. Total functional expenses rose by 38%, from $191K to $263K. In its most recent filing year (2023), Oquossoc Angling Assoc reported a surplus of $45K, with revenue exceeding expenses. The organization holds $9K in liabilities against $1.4M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $308K | $263K | $1.4M | $9K | — | — |
| 2022 | $250K | $233K | $1.3M | $1K | — | — |
| 2021 | $269K | $248K | $1.4M | $2K | — | View 990 |
| 2020 | $244K | $213K | $1.3M | $3K | — | — |
| 2019 | $233K | $232K | $1.2M | $3K | — | View 990 |
| 2018 | $227K | $219K | $1.2M | $3K | — | View 990 |
| 2017 | $221K | $218K | $1.2M | $2K | — | View 990 |
| 2016 | $261K | $228K | $1.2M | $1K | — | View 990 |
| 2015 | $212K | $209K | $1.1M | $470 | — | View 990 |
| 2014 | $264K | $222K | $1.1M | $3K | — | View 990 |
| 2013 | $227K | $201K | $1.1M | $3K | — | View 990 |
| 2012 | $222K | $189K | $1.0M | $2K | — | View 990 |
| 2011 | $212K | $191K | $986K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $308K, expenses of $263K, and assets of $1.4M (revenue +23.1% year-over-year).
- 2022: Revenue of $250K, expenses of $233K, and assets of $1.3M (revenue -7.0% year-over-year).
- 2021: Revenue of $269K, expenses of $248K, and assets of $1.4M (revenue +10.1% year-over-year).
- 2020: Revenue of $244K, expenses of $213K, and assets of $1.3M (revenue +5.0% year-over-year).
- 2019: Revenue of $233K, expenses of $232K, and assets of $1.2M (revenue +2.6% year-over-year).
- 2018: Revenue of $227K, expenses of $219K, and assets of $1.2M (revenue +2.7% year-over-year).
- 2017: Revenue of $221K, expenses of $218K, and assets of $1.2M (revenue -15.3% year-over-year).
- 2016: Revenue of $261K, expenses of $228K, and assets of $1.2M (revenue +23.1% year-over-year).
- 2015: Revenue of $212K, expenses of $209K, and assets of $1.1M (revenue -19.7% year-over-year).
- 2014: Revenue of $264K, expenses of $222K, and assets of $1.1M (revenue +16.5% year-over-year).
- 2013: Revenue of $227K, expenses of $201K, and assets of $1.1M (revenue +2.0% year-over-year).
- 2012: Revenue of $222K, expenses of $189K, and assets of $1.0M (revenue +5.0% year-over-year).
- 2011: Revenue of $212K, expenses of $191K, and assets of $986K.
Data Sources and Methodology
This transparency report for Oquossoc Angling Assoc 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.