Ottawa Residential Services Inc
EIN: 341195813 · Port Clinton, OH
Is Ottawa Residential Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ottawa Residential Services Inc
Ottawa Residential Services Inc (EIN: 341195813) is a nonprofit organization based in Port Clinton, OH. The organization reported total revenue of $566K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ottawa Residential Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ottawa Residential Services 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 -4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $585K |
| Total Expenses | $567K |
| Surplus / Deficit | +$18K |
| Total Assets | $2.1M |
| Total Liabilities | $171K |
| Net Assets | $1.9M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 8.3% |
| Months of Reserves | 43.7 months |
Financial Health Grade: A
In 2023, Ottawa Residential Services Inc reported a surplus of $18K with revenue exceeding expenses, holds 43.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ottawa Residential Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.8% | +10.6% | -0.8% |
| 2022 | -6.6% | +16.6% | +2.6% |
| 2021 | +15.4% | +2.9% | +8.1% |
| 2020 | +13.5% | +3.7% | +4.0% |
| 2019 | +1.0% | -0.5% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1978 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ottawa Residential Services 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 Ottawa Residential Services 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.3%.
Frequently Asked Questions about Ottawa Residential Services Inc
Is Ottawa Residential Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ottawa Residential Services Inc (EIN: 341195813) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ottawa Residential Services Inc spend its money?
Detailed spending breakdown data is not yet available for Ottawa Residential Services Inc. Check back for updated IRS 990 analysis.
Are donations to Ottawa Residential Services Inc tax-deductible?
Ottawa Residential Services Inc is registered as a tax-exempt nonprofit (EIN: 341195813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ottawa Residential Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ottawa Residential Services Inc's revenue has declined by 40.3%, moving from $979K to $585K. Total assets decreased by 55.7% over the same period, from $4.7M to $2.1M. Total functional expenses fell by 32.5%, from $841K to $567K. In its most recent filing year (2023), Ottawa Residential Services Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $171K in liabilities against $2.1M in assets (debt-to-asset ratio: 8.3%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $585K | $567K | $2.1M | $171K | — | — |
| 2022 | $590K | $513K | $2.1M | $204K | — | View 990 |
| 2021 | $632K | $440K | $2.0M | $228K | — | View 990 |
| 2020 | $547K | $428K | $1.9M | $268K | — | — |
| 2019 | $482K | $413K | $1.8M | $315K | — | View 990 |
| 2018 | $477K | $415K | $1.8M | $333K | — | View 990 |
| 2017 | $572K | $405K | $1.7M | $384K | — | View 990 |
| 2016 | $625K | $443K | $1.7M | $539K | — | View 990 |
| 2015 | $438K | $412K | $1.7M | $679K | — | View 990 |
| 2014 | $453K | $432K | $1.7M | $696K | — | View 990 |
| 2013 | $478K | $617K | $1.7M | $742K | — | View 990 |
| 2012 | $1.1M | $813K | $4.9M | $3.9M | — | View 990 |
| 2011 | $979K | $841K | $4.7M | $4.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $585K, expenses of $567K, and assets of $2.1M (revenue -0.8% year-over-year).
- 2022: Revenue of $590K, expenses of $513K, and assets of $2.1M (revenue -6.6% year-over-year).
- 2021: Revenue of $632K, expenses of $440K, and assets of $2.0M (revenue +15.4% year-over-year).
- 2020: Revenue of $547K, expenses of $428K, and assets of $1.9M (revenue +13.5% year-over-year).
- 2019: Revenue of $482K, expenses of $413K, and assets of $1.8M (revenue +1.0% year-over-year).
- 2018: Revenue of $477K, expenses of $415K, and assets of $1.8M (revenue -16.5% year-over-year).
- 2017: Revenue of $572K, expenses of $405K, and assets of $1.7M (revenue -8.6% year-over-year).
- 2016: Revenue of $625K, expenses of $443K, and assets of $1.7M (revenue +42.7% year-over-year).
- 2015: Revenue of $438K, expenses of $412K, and assets of $1.7M (revenue -3.2% year-over-year).
- 2014: Revenue of $453K, expenses of $432K, and assets of $1.7M (revenue -5.1% year-over-year).
- 2013: Revenue of $478K, expenses of $617K, and assets of $1.7M (revenue -57.4% year-over-year).
- 2012: Revenue of $1.1M, expenses of $813K, and assets of $4.9M (revenue +14.5% year-over-year).
- 2011: Revenue of $979K, expenses of $841K, and assets of $4.7M.
Data Sources and Methodology
This transparency report for Ottawa Residential Services 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.