Oskaloosa Retirement Homes Inc
EIN: 421081648 · Wdm, IA
| Metric | Value |
|---|---|
| Total Revenue | $515K |
| Total Expenses | $380K |
| Net Assets | $296K |
Is Oskaloosa Retirement Homes Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Oskaloosa Retirement Homes Inc
Oskaloosa Retirement Homes Inc (EIN: 421081648) is a nonprofit organization based in Wdm, IA. The organization reported total revenue of $515K and total assets of $515K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oskaloosa Retirement Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oskaloosa Retirement Homes Inc is a small nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $468K |
| Total Expenses | $380K |
| Surplus / Deficit | +$88K |
| Total Assets | $474K |
| Total Liabilities | $179K |
| Net Assets | $296K |
| Operating Margin | 18.8% |
| Debt-to-Asset Ratio | 37.6% |
| Months of Reserves | 15.0 months |
Financial Health Grade: A
In 2023, Oskaloosa Retirement Homes Inc reported a surplus of $88K with revenue exceeding expenses, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 37.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oskaloosa Retirement Homes Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.0% | -6.1% | +15.3% |
| 2022 | +0.3% | +1.8% | -9.6% |
| 2021 | +0.1% | +11.5% | -11.3% |
| 2020 | -3.0% | +5.6% | -4.4% |
| 2019 | +2.9% | +0.0% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Oskaloosa Retirement Homes Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oskaloosa Retirement Homes Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.6%.
Frequently Asked Questions about Oskaloosa Retirement Homes Inc
Is Oskaloosa Retirement Homes Inc a legitimate charity?
Oskaloosa Retirement Homes Inc (EIN: 421081648) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $515K. No red flags identified. Financial health grade: A.
How does Oskaloosa Retirement Homes Inc spend its money?
Oskaloosa Retirement Homes Inc reported $515K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Oskaloosa Retirement Homes Inc tax-deductible?
Oskaloosa Retirement Homes Inc is registered as a tax-exempt nonprofit (EIN: 421081648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Oskaloosa Retirement Homes Inc located?
Oskaloosa Retirement Homes Inc is headquartered in Wdm, Iowa and files with the IRS under EIN 421081648.
How many years of IRS 990 filings does Oskaloosa Retirement Homes Inc have?
Oskaloosa Retirement Homes Inc 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 $515K in total revenue.
Filing History
IRS 990 filing history for Oskaloosa Retirement Homes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oskaloosa Retirement Homes Inc's revenue has grown by 66.3%, moving from $281K to $468K. Total assets decreased by 16.8% over the same period, from $570K to $474K. Total functional expenses rose by 33.6%, from $284K to $380K. In its most recent filing year (2023), Oskaloosa Retirement Homes Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $179K in liabilities against $474K in assets (debt-to-asset ratio: 37.6%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $468K | $380K | $474K | $179K | — | View 990 |
| 2022 | $390K | $405K | $411K | $203K | — | View 990 |
| 2021 | $389K | $398K | $455K | $232K | — | View 990 |
| 2020 | $388K | $357K | $514K | $282K | — | — |
| 2019 | $400K | $338K | $537K | $337K | — | View 990 |
| 2018 | $389K | $338K | $522K | $384K | — | View 990 |
| 2017 | $406K | $395K | $577K | $490K | — | View 990 |
| 2016 | $373K | $328K | $545K | $469K | — | View 990 |
| 2015 | $357K | $334K | $545K | $513K | — | View 990 |
| 2014 | $337K | $305K | $567K | $558K | — | View 990 |
| 2013 | $338K | $301K | $573K | $596K | — | View 990 |
| 2012 | $349K | $290K | $578K | $637K | — | View 990 |
| 2011 | $281K | $284K | $570K | $688K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $468K, expenses of $380K, and assets of $474K (revenue +20.0% year-over-year).
- 2022: Revenue of $390K, expenses of $405K, and assets of $411K (revenue +0.3% year-over-year).
- 2021: Revenue of $389K, expenses of $398K, and assets of $455K (revenue +0.1% year-over-year).
- 2020: Revenue of $388K, expenses of $357K, and assets of $514K (revenue -3.0% year-over-year).
- 2019: Revenue of $400K, expenses of $338K, and assets of $537K (revenue +2.9% year-over-year).
- 2018: Revenue of $389K, expenses of $338K, and assets of $522K (revenue -4.2% year-over-year).
- 2017: Revenue of $406K, expenses of $395K, and assets of $577K (revenue +8.9% year-over-year).
- 2016: Revenue of $373K, expenses of $328K, and assets of $545K (revenue +4.4% year-over-year).
- 2015: Revenue of $357K, expenses of $334K, and assets of $545K (revenue +6.0% year-over-year).
- 2014: Revenue of $337K, expenses of $305K, and assets of $567K (revenue -0.2% year-over-year).
- 2013: Revenue of $338K, expenses of $301K, and assets of $573K (revenue -3.4% year-over-year).
- 2012: Revenue of $349K, expenses of $290K, and assets of $578K (revenue +24.2% year-over-year).
- 2011: Revenue of $281K, expenses of $284K, and assets of $570K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oskaloosa Retirement Homes Inc:
Data Sources and Methodology
This transparency report for Oskaloosa Retirement Homes 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.