Otterbein Recreation Association Inc

Otterbein Recreation Association Inc maintains strong asset base and zero liabilities with no executive compensation.

EIN: 202491523 · Otterbein, IN · NTEE: O50 · Updated: 2026-03-28

$106KRevenue
$506KAssets
92/100Mission Score (Excellent)
O50
Otterbein Recreation Association Inc Financial Summary
MetricValue
Total Revenue$106K
Total Expenses$54K
Program Spending90%
CEO/Top Officer Pay$65,000.
Net Assets$505K
Transparency Score92/100

Is Otterbein Recreation Association Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Otterbein Recreation Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Otterbein Recreation Association Inc

Otterbein Recreation Association Inc (EIN: 202491523) is a nonprofit organization based in Otterbein, IN, classified under NTEE code O50. The organization reported total revenue of $106K and total assets of $506K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Otterbein Recreation Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Otterbein Recreation Association Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$54K
Total Expenses$54K
Surplus / Deficit+$85
Total Assets$505K
Net Assets$505K
Operating Margin0.2%
Months of Reserves112.7 months

Financial Health Grade: A

In 2023, Otterbein Recreation Association Inc reported a surplus of $85 with revenue exceeding expenses, holds 112.7 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Otterbein Recreation Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-16.0%+21.1%+0.0%
2022+103.0%+16.3%+4.1%
2021+67.1%+19.6%-1.3%
2020-62.8%-25.3%-2.6%
2019+23.3%+18.8%+1.6%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Otterbein Recreation Association Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. The organization reported assets of $505,773 against a latest revenue of $105,985, indicating a strong financial cushion. Over the past decade, its assets have steadily grown from $477,871 in 2014 to over $500,000, while liabilities have consistently remained at $0, which is a significant strength. The organization's spending efficiency appears robust, as evidenced by the 2023 fiscal period where expenses ($53,749) were closely aligned with revenue ($53,834), suggesting responsible financial management and a focus on utilizing funds for its mission without accumulating significant surpluses or deficits year-over-year. The absence of officer compensation further enhances its spending efficiency and transparency profile. The organization's financial operations show a pattern of modest revenue generation, typically ranging from $18,907 to $64,119 annually, with the latest reported revenue of $105,985 being an outlier, potentially indicating a successful fundraising year or a specific project. Despite fluctuating revenues, the organization has maintained its asset base and kept expenses in check. The consistent reporting of zero liabilities across all available filings underscores a very low financial risk profile. This financial prudence, combined with no reported executive compensation, suggests a high degree of dedication to its recreational mission and efficient use of donor funds.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Otterbein Recreation Association 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

According to IRS 990 filings, Otterbein Recreation Association 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 (2023)

From the most recent IRS 990 filing on record:

$54KTotal Revenue
$54KTotal Expenses
$505KTotal Assets
$505KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size with annual revenues typically under $65,000.

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 Otterbein Recreation Association Inc:

Frequently Asked Questions about Otterbein Recreation Association Inc

Is Otterbein Recreation Association Inc a legitimate charity?

Otterbein Recreation Association Inc (EIN: 202491523) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $106K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Otterbein Recreation Association Inc spend its money?

Otterbein Recreation Association Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Otterbein Recreation Association Inc tax-deductible?

Otterbein Recreation Association Inc is registered as a tax-exempt nonprofit (EIN: 202491523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Otterbein Recreation Association Inc CEO make?

Otterbein Recreation Association Inc's highest-compensated officer earns $65,000. annually. The organization reported $106K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Otterbein Recreation Association Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Otterbein Recreation Association Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Otterbein Recreation Association Inc located?

Otterbein Recreation Association Inc is headquartered in Otterbein, Indiana and files with the IRS under EIN 202491523. It is classified under NTEE code O50.

How many years of IRS 990 filings does Otterbein Recreation Association Inc have?

Otterbein Recreation Association 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 $106K in total revenue.

Is Otterbein Recreation Association Inc a good charity?

Based on the available financial data, Otterbein Recreation Association Inc appears to be a very good charity. It demonstrates strong financial health with substantial assets ($505,773) and zero liabilities, indicating excellent fiscal management. The consistent absence of officer compensation suggests a high dedication to its mission and efficient use of funds, with nearly all expenses likely directed towards program delivery and essential administration.

How does Otterbein Recreation Association Inc manage its finances?

The organization manages its finances prudently, consistently maintaining a strong asset base (over $500,000) and zero liabilities. Annual expenses are generally kept in line with revenues, as seen in 2023 where expenses ($53,749) were almost equal to revenue ($53,834). This indicates a balanced approach to spending and a focus on sustainability without accumulating debt.

What is the trend in Otterbein Recreation Association Inc's revenue?

Otterbein Recreation Association Inc's revenue has fluctuated over the past decade, ranging from a low of $18,907 in 2020 to a high of $105,985 in the latest reported period. While there isn't a consistent upward trend year-over-year, the organization has shown resilience and the ability to generate significant revenue when needed, as demonstrated by the latest figure.

Filing History

IRS 990 filing history for Otterbein Recreation Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Otterbein Recreation Association Inc's revenue has declined by 13.9%, moving from $63K to $54K. Total assets increased by 3.8% over the same period, from $486K to $505K. Total functional expenses fell by 21.7%, from $69K to $54K. In its most recent filing year (2023), Otterbein Recreation Association Inc reported a surplus of $85, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $54K $54K $505K $0
2022 $64K $44K $505K $0 View 990
2021 $32K $38K $485K $0 View 990
2020 $19K $32K $492K $0
2019 $51K $43K $504K $0 View 990
2018 $41K $36K $496K $0 View 990
2017 $48K $44K $488K $0 View 990
2016 $54K $44K $484K $0 View 990
2015 $42K $46K $474K $0 View 990
2014 $40K $46K $478K $0 View 990
2013 $62K $72K $484K $0 View 990
2012 $77K $69K $494K $0 View 990
2011 $63K $69K $486K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Otterbein Recreation Association Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Otterbein Recreation Association 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.

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