Owl Advancing Diversity In Leadership
Owl Advancing Diversity In Leadership shows consistent growth and no reported officer compensation.
EIN: 200945406 · Cary, NC · NTEE: E60 · Updated: 2026-03-28
Is Owl Advancing Diversity In Leadership Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Owl Advancing Diversity In Leadership directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Owl Advancing Diversity In Leadership
Owl Advancing Diversity In Leadership (EIN: 200945406) is a nonprofit organization based in Cary, NC, classified under NTEE code E60. The organization reported total revenue of $604K and total assets of $921K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Owl Advancing Diversity In Leadership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Owl Advancing Diversity In Leadership 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 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $486K |
| Total Expenses | $465K |
| Surplus / Deficit | +$20K |
| Total Assets | $911K |
| Total Liabilities | $29K |
| Net Assets | $882K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 23.5 months |
Financial Health Grade: A
In 2023, Owl Advancing Diversity In Leadership reported a surplus of $20K with revenue exceeding expenses, holds 23.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Owl Advancing Diversity In Leadership's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.6% | +3.6% | +4.2% |
| 2022 | +4.0% | +53.6% | +16.1% |
| 2021 | +51.9% | +112.3% | +49.5% |
| 2020 | +9.7% | -35.9% | +73.1% |
| 2019 | +21.7% | +13.1% | +46.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Owl Advancing Diversity In Leadership 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
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Owl Advancing Diversity In Leadership allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, which is highly unusual for an organization of this size with revenues exceeding $400,000 annually. This suggests either a fully volunteer-led executive team or that compensation falls below IRS reporting thresholds, indicating a very lean administrative structure.
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 Owl Advancing Diversity In Leadership's IRS 990 filings:
- Lack of detailed expense breakdown prevents precise efficiency analysis
- Unusually low reported liabilities could indicate aggressive accounting or very minimal debt
Strengths
The following positive indicators were identified for Owl Advancing Diversity In Leadership:
- Consistent revenue growth over multiple years
- Strong and growing asset base ($910,660 in 202312)
- Very low liabilities ($28,519 in 202312) indicating strong solvency
- No reported officer compensation, suggesting high program efficiency or volunteer leadership
- Consistent generation of financial surpluses in recent periods
Frequently Asked Questions about Owl Advancing Diversity In Leadership
Is Owl Advancing Diversity In Leadership a legitimate charity?
Based on AI analysis of IRS 990 filings, Owl Advancing Diversity In Leadership (EIN: 200945406) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Owl Advancing Diversity In Leadership spend its money?
Owl Advancing Diversity In Leadership directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Owl Advancing Diversity In Leadership tax-deductible?
Owl Advancing Diversity In Leadership is registered as a tax-exempt nonprofit (EIN: 200945406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Owl Advancing Diversity In Leadership financially stable?
Yes, the organization appears financially stable. It has consistently generated surpluses in recent years (e.g., $20,172 in 202312, $112,700 in 202212) and has a growing asset base of $910,660 against low liabilities of $28,519 in 202312.
How much of Owl Advancing Diversity In Leadership's funds go to executive salaries?
Based on the provided IRS 990 data, officer compensation is reported as 0% for all available periods, suggesting that no funds are allocated to executive salaries or that compensation is below reporting thresholds.
Has Owl Advancing Diversity In Leadership's revenue been growing?
Yes, the organization has shown consistent revenue growth, increasing from $191,077 in 201512 to $485,601 in 202312, with a peak of $562,137 in 202212.
What is the trend in Owl Advancing Diversity In Leadership's assets?
Owl Advancing Diversity In Leadership's assets have shown a strong upward trend, growing from $78,874 in 201512 to $910,660 in 202312, indicating healthy financial accumulation.
Filing History
IRS 990 filing history for Owl Advancing Diversity In Leadership showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Owl Advancing Diversity In Leadership's revenue has grown by 230.4%, moving from $147K to $486K. Total assets increased by 1297.8% over the same period, from $65K to $911K. Total functional expenses rose by 159.3%, from $179K to $465K. In its most recent filing year (2023), Owl Advancing Diversity In Leadership reported a surplus of $20K, with revenue exceeding expenses. The organization holds $29K in liabilities against $911K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $882K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $486K | $465K | $911K | $29K | — | View 990 |
| 2022 | $562K | $449K | $874K | $12K | — | — |
| 2021 | $540K | $293K | $753K | $4K | — | View 990 |
| 2020 | $356K | $138K | $504K | $2K | — | View 990 |
| 2019 | $324K | $215K | $291K | $6K | — | View 990 |
| 2018 | $266K | $190K | $199K | $23K | — | View 990 |
| 2017 | $286K | $227K | $103K | $4K | — | — |
| 2016 | $197K | $238K | $42K | $4K | — | View 990 |
| 2015 | $191K | $236K | $79K | $280 | — | View 990 |
| 2014 | $239K | $184K | $134K | $11K | — | View 990 |
| 2013 | $205K | $201K | $82K | $13K | — | View 990 |
| 2012 | $198K | $193K | $74K | $8K | — | View 990 |
| 2011 | $147K | $179K | $65K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $486K, expenses of $465K, and assets of $911K (revenue -13.6% year-over-year).
- 2022: Revenue of $562K, expenses of $449K, and assets of $874K (revenue +4.0% year-over-year).
- 2021: Revenue of $540K, expenses of $293K, and assets of $753K (revenue +51.9% year-over-year).
- 2020: Revenue of $356K, expenses of $138K, and assets of $504K (revenue +9.7% year-over-year).
- 2019: Revenue of $324K, expenses of $215K, and assets of $291K (revenue +21.7% year-over-year).
- 2018: Revenue of $266K, expenses of $190K, and assets of $199K (revenue -6.9% year-over-year).
- 2017: Revenue of $286K, expenses of $227K, and assets of $103K (revenue +44.9% year-over-year).
- 2016: Revenue of $197K, expenses of $238K, and assets of $42K (revenue +3.3% year-over-year).
- 2015: Revenue of $191K, expenses of $236K, and assets of $79K (revenue -20.0% year-over-year).
- 2014: Revenue of $239K, expenses of $184K, and assets of $134K (revenue +16.8% year-over-year).
- 2013: Revenue of $205K, expenses of $201K, and assets of $82K (revenue +3.4% year-over-year).
- 2012: Revenue of $198K, expenses of $193K, and assets of $74K (revenue +34.6% year-over-year).
- 2011: Revenue of $147K, expenses of $179K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Owl Advancing Diversity In Leadership:
Data Sources and Methodology
This transparency report for Owl Advancing Diversity In Leadership 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.