Ouabache Village Inc
Ouabache Village Inc. consistently operates at a deficit, drawing down assets while maintaining high liabilities.
EIN: 20731922 · Fort Wayne, IN · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $126K |
| Program Spending | 80% |
| Net Assets | $-404,461 |
| Transparency Score | 60/100 |
Is Ouabache Village Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ouabache Village Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ouabache Village Inc
Ouabache Village Inc (EIN: 20731922) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code L21. The organization reported total revenue of $117K and total assets of $674K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ouabache Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ouabache Village Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $126K |
| Surplus / Deficit | $-22,038 |
| Total Assets | $696K |
| Total Liabilities | $1.1M |
| Net Assets | $-404,461 |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 158.1% |
| Months of Reserves | 66.1 months |
Financial Health Grade: C
In 2023, Ouabache Village Inc reported a deficit of $22K with expenses exceeding revenue, holds 66.1 months of operating reserves (strong position), has a debt-to-asset ratio of 158.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ouabache Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | +6.2% | -2.9% |
| 2022 | +12.8% | +4.0% | -3.6% |
| 2021 | +2.4% | -6.6% | -3.1% |
| 2020 | -0.3% | +20.9% | -4.4% |
| 2019 | +1.6% | -1.9% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Ouabache Village Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Ouabache Village Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 158.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is a strong positive for minimizing administrative costs relative to its size.
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.
Red Flags
The following concerns were identified during AI analysis of Ouabache Village Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue in all reported periods)
- Declining asset base over the past decade (from $914,024 in 2014 to $695,666 in 2023)
- Liabilities consistently exceed assets (e.g., $1,100,127 liabilities vs. $695,666 assets in 2023)
Strengths
The following positive indicators were identified for Ouabache Village Inc:
- Zero reported officer compensation across all filings, indicating low executive overhead.
- Consistent filing history, demonstrating transparency in reporting to the IRS.
Frequently Asked Questions about Ouabache Village Inc
Is Ouabache Village Inc a legitimate charity?
Ouabache Village Inc (EIN: 20731922) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $117K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Ouabache Village Inc spend its money?
Ouabache Village Inc directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ouabache Village Inc tax-deductible?
Ouabache Village Inc is registered as a tax-exempt nonprofit (EIN: 20731922). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ouabache Village Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Ouabache Village Inc is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ouabache Village Inc located?
Ouabache Village Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 20731922. It is classified under NTEE code L21.
How many years of IRS 990 filings does Ouabache Village Inc have?
Ouabache Village 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 $117K in total revenue.
Is Ouabache Village Inc. financially sustainable in the long term?
The organization has consistently reported expenses exceeding revenue and a declining asset base alongside high liabilities for over a decade. This trend suggests potential long-term financial sustainability challenges if not addressed.
What are the primary sources of Ouabache Village Inc.'s revenue?
The provided data only shows total revenue. A deeper dive into the full IRS 990 forms would be needed to identify specific revenue streams and their stability.
How does Ouabache Village Inc. manage its significant liabilities?
Liabilities have consistently exceeded assets for many years, reaching $1,100,127 in 2023 against assets of $695,666. Understanding the nature of these liabilities (e.g., mortgages, program-related investments) and the repayment strategy is crucial.
Filing History
IRS 990 filing history for Ouabache Village Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ouabache Village Inc's revenue has grown by 46.2%, moving from $71K to $104K. Total assets decreased by 29.1% over the same period, from $981K to $696K. Total functional expenses rose by 42.7%, from $89K to $126K. In its most recent filing year (2023), Ouabache Village Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $696K in assets (debt-to-asset ratio: 158.1%), resulting in net assets of $-404,461.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104K | $126K | $696K | $1.1M | — | View 990 |
| 2022 | $98K | $119K | $717K | $1.1M | — | View 990 |
| 2021 | $87K | $114K | $743K | $1.1M | — | View 990 |
| 2020 | $85K | $123K | $767K | $1.1M | — | View 990 |
| 2019 | $85K | $101K | $803K | $1.1M | — | View 990 |
| 2018 | $84K | $103K | $823K | $1.1M | — | View 990 |
| 2017 | $84K | $105K | $846K | $1.1M | — | View 990 |
| 2016 | $75K | $104K | $869K | $1.1M | — | View 990 |
| 2015 | $76K | $102K | $893K | $1.1M | — | View 990 |
| 2014 | $78K | $95K | $914K | $1.1M | — | View 990 |
| 2013 | $72K | $94K | $942K | $1.1M | — | View 990 |
| 2012 | $72K | $97K | $960K | $1.1M | — | View 990 |
| 2011 | $71K | $89K | $981K | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104K, expenses of $126K, and assets of $696K (revenue +5.9% year-over-year).
- 2022: Revenue of $98K, expenses of $119K, and assets of $717K (revenue +12.8% year-over-year).
- 2021: Revenue of $87K, expenses of $114K, and assets of $743K (revenue +2.4% year-over-year).
- 2020: Revenue of $85K, expenses of $123K, and assets of $767K (revenue -0.3% year-over-year).
- 2019: Revenue of $85K, expenses of $101K, and assets of $803K (revenue +1.6% year-over-year).
- 2018: Revenue of $84K, expenses of $103K, and assets of $823K (revenue +0.0% year-over-year).
- 2017: Revenue of $84K, expenses of $105K, and assets of $846K (revenue +12.1% year-over-year).
- 2016: Revenue of $75K, expenses of $104K, and assets of $869K (revenue -1.0% year-over-year).
- 2015: Revenue of $76K, expenses of $102K, and assets of $893K (revenue -2.2% year-over-year).
- 2014: Revenue of $78K, expenses of $95K, and assets of $914K (revenue +8.0% year-over-year).
- 2013: Revenue of $72K, expenses of $94K, and assets of $942K (revenue +0.3% year-over-year).
- 2012: Revenue of $72K, expenses of $97K, and assets of $960K (revenue +0.4% year-over-year).
- 2011: Revenue of $71K, expenses of $89K, and assets of $981K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ouabache Village Inc:
Data Sources and Methodology
This transparency report for Ouabache Village 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.