Owasso Outreach Foundation
Owasso Outreach Foundation faces significant financial challenges with persistent operating deficits and declining assets.
EIN: 205853758 · Owasso, OK · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $614K |
| Total Expenses | $213K |
| Program Spending | 70% |
| Net Assets | $915K |
| Transparency Score | 45/100 |
Is Owasso Outreach Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Owasso Outreach Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Owasso Outreach Foundation
Owasso Outreach Foundation (EIN: 205853758) is a nonprofit organization based in Owasso, OK, classified under NTEE code T22. The organization reported total revenue of $614K and total assets of $676K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Owasso Outreach Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Owasso Outreach Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -25.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $213K |
| Surplus / Deficit | $-151,902 |
| Total Assets | $915K |
| Total Liabilities | $1 |
| Net Assets | $915K |
| Operating Margin | -247.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 51.5 months |
Financial Health Grade: B
In 2023, Owasso Outreach Foundation reported a deficit of $152K with expenses exceeding revenue, holds 51.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Owasso Outreach Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +148.4% | +4.1% | -14.2% |
| 2022 | -88.5% | -14.1% | -14.4% |
| 2021 | +1126.4% | +26.6% | -1.8% |
| 2020 | -95.3% | -78.4% | -11.9% |
| 2019 | +73.8% | +59.2% | -35.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Owasso Outreach Foundation with a Mission Score of 45 out of 100 (Fair). 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: 70%
- fundraising: 10%
According to IRS 990 filings, Owasso Outreach Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $152K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for resource allocation directly to mission or operational costs.
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 Owasso Outreach Foundation's IRS 990 filings:
- Consistent and significant operating deficits (expenses exceeding revenue) in nearly every reported year.
- Substantial depletion of assets, from $3,703,073 in 2011 to $915,366 in 2023.
- Highly volatile and generally low revenue generation compared to expenses.
- Lack of clear financial sustainability plan given the long-term asset drawdowns.
Strengths
The following positive indicators were identified for Owasso Outreach Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Long filing history (10 filings) suggests consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Owasso Outreach Foundation
Is Owasso Outreach Foundation a legitimate charity?
Owasso Outreach Foundation (EIN: 205853758) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $614K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Owasso Outreach Foundation spend its money?
Owasso Outreach Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Owasso Outreach Foundation tax-deductible?
Owasso Outreach Foundation is registered as a tax-exempt nonprofit (EIN: 205853758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Owasso Outreach Foundation's spending goes to programs?
Owasso Outreach Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Owasso Outreach Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Owasso Outreach Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Owasso Outreach Foundation located?
Owasso Outreach Foundation is headquartered in Owasso, Oklahoma and files with the IRS under EIN 205853758. It is classified under NTEE code T22.
How many years of IRS 990 filings does Owasso Outreach Foundation have?
Owasso Outreach Foundation has 10 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 $614K in total revenue.
How does Owasso Outreach Foundation sustain operations with consistent revenue shortfalls?
The organization has been drawing down its assets significantly over the past decade to cover expenses, as evidenced by the decline from $3.7 million in 2011 to $0.9 million in 2023. This is not a sustainable long-term strategy.
What are the primary sources of revenue for the organization?
The provided data only shows total revenue, which has been highly variable and generally low compared to expenses. Further investigation into the 990 forms would be needed to identify specific revenue streams.
What specific programs does the Owasso Outreach Foundation operate?
Based on the NTEE code T22 (Recreational, Sports, Leisure, and Athletics), the organization likely focuses on sports or leisure activities. However, the financial data alone does not detail specific programs.
Is the organization at risk of insolvency given its asset depletion?
With assets declining from $3.7 million to $0.9 million over 12 years while consistently incurring operating losses, the organization is on a concerning trajectory that could lead to insolvency if revenue generation does not significantly improve.
Filing History
IRS 990 filing history for Owasso Outreach Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Owasso Outreach Foundation's revenue has declined by 96.9%, moving from $2.0M to $61K. Total assets decreased by 75.3% over the same period, from $3.7M to $915K. Total functional expenses rose by 12.3%, from $190K to $213K. In its most recent filing year (2023), Owasso Outreach Foundation reported a deficit of $152K, with expenses exceeding revenue. The organization holds $1 in liabilities against $915K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $915K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $213K | $915K | $1 | — | — |
| 2022 | $25K | $205K | $1.1M | $1 | — | View 990 |
| 2021 | $215K | $239K | $1.2M | $1 | — | — |
| 2020 | $18K | $188K | $1.3M | $1 | — | — |
| 2019 | $369K | $873K | $1.4M | $1 | — | View 990 |
| 2015 | $213K | $548K | $2.2M | $1 | — | View 990 |
| 2014 | $334K | $991K | $2.6M | $1 | — | View 990 |
| 2013 | $131K | $329K | $3.2M | $1 | — | View 990 |
| 2012 | $147K | $424K | $3.4M | $1 | — | View 990 |
| 2011 | $2.0M | $190K | $3.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $213K, and assets of $915K (revenue +148.4% year-over-year).
- 2022: Revenue of $25K, expenses of $205K, and assets of $1.1M (revenue -88.5% year-over-year).
- 2021: Revenue of $215K, expenses of $239K, and assets of $1.2M (revenue +1126.4% year-over-year).
- 2020: Revenue of $18K, expenses of $188K, and assets of $1.3M (revenue -95.3% year-over-year).
- 2019: Revenue of $369K, expenses of $873K, and assets of $1.4M (revenue +73.8% year-over-year).
- 2015: Revenue of $213K, expenses of $548K, and assets of $2.2M (revenue -36.3% year-over-year).
- 2014: Revenue of $334K, expenses of $991K, and assets of $2.6M (revenue +154.7% year-over-year).
- 2013: Revenue of $131K, expenses of $329K, and assets of $3.2M (revenue -10.7% year-over-year).
- 2012: Revenue of $147K, expenses of $424K, and assets of $3.4M (revenue -92.6% year-over-year).
- 2011: Revenue of $2.0M, expenses of $190K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Owasso Outreach Foundation:
Data Sources and Methodology
This transparency report for Owasso Outreach Foundation 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.