Quiet Oaks
Quiet Oaks consistently generates significant surpluses and has no reported officer compensation.
EIN: 203905841 · Saint Augusta, MN · NTEE: P74 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $4.2M |
| Transparency Score | 92/100 |
Is Quiet Oaks Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Quiet Oaks directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Quiet Oaks
Quiet Oaks (EIN: 203905841) is a nonprofit organization based in Saint Augusta, MN, classified under NTEE code P74. The organization reported total revenue of $2.3M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quiet Oaks's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Quiet Oaks is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $4.4M |
| Total Liabilities | $155K |
| Net Assets | $4.2M |
| Operating Margin | 37.1% |
| Debt-to-Asset Ratio | 3.5% |
| Months of Reserves | 29.0 months |
Financial Health Grade: A
In 2023, Quiet Oaks reported a surplus of $1.1M with revenue exceeding expenses, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Quiet Oaks's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.4% | +13.4% | +39.2% |
| 2022 | -17.2% | +0.1% | +1.5% |
| 2021 | +28.9% | -4.7% | +12.9% |
| 2020 | -15.8% | +8.3% | +14.4% |
| 2019 | +54.3% | +6.4% | +25.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Quiet Oaks 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Quiet Oaks allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.5%.
Executive Compensation Analysis
Quiet Oaks reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a highly positive sign for resource allocation directly to mission-related activities.
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 Quiet Oaks:
- Consistent and significant operating surpluses (e.g., $1,066,080 in 202306).
- Zero reported officer compensation across all filings.
- Strong asset growth over time, indicating financial stability and capacity building.
- Low and stable liabilities relative to assets, suggesting sound financial management.
- Consistent revenue growth over the past decade.
Frequently Asked Questions about Quiet Oaks
Is Quiet Oaks a legitimate charity?
Based on AI analysis of IRS 990 filings, Quiet Oaks (EIN: 203905841) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Quiet Oaks spend its money?
Quiet Oaks directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Quiet Oaks tax-deductible?
Quiet Oaks is registered as a tax-exempt nonprofit (EIN: 203905841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Quiet Oaks's spending goes to programs?
Quiet Oaks directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Quiet Oaks compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Quiet Oaks is above average for NTEE category P74 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Quiet Oaks located?
Quiet Oaks is headquartered in Saint Augusta, Minnesota and files with the IRS under EIN 203905841. It is classified under NTEE code P74.
How many years of IRS 990 filings does Quiet Oaks have?
Quiet Oaks 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 $2.3M in total revenue.
Is Quiet Oaks a good charity?
Based on the financial data, Quiet Oaks appears to be a very good charity. It consistently generates significant surpluses, has growing assets, low liabilities, and reports 0% officer compensation, indicating efficient use of funds for its mission.
How has Quiet Oaks' financial health changed over time?
Quiet Oaks has shown consistent financial growth and strengthening. Revenue has generally increased over the past decade, from $1,287,886 in 201406 to $2,874,957 in 202306, and assets have nearly doubled from $2,330,751 to $4,370,249 in the same period, while liabilities have remained manageable.
What is Quiet Oaks' program spending efficiency?
While specific program spending percentages are not detailed in the provided summary, the consistent and substantial surpluses, coupled with 0% officer compensation, strongly suggest a high degree of program spending efficiency, likely exceeding 80% of total expenses.
Filing History
IRS 990 filing history for Quiet Oaks showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Quiet Oaks's revenue has grown by 192.8%, moving from $982K to $2.9M. Total assets increased by 88.1% over the same period, from $2.3M to $4.4M. Total functional expenses rose by 87.8%, from $963K to $1.8M. In its most recent filing year (2023), Quiet Oaks reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $155K in liabilities against $4.4M in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $1.8M | $4.4M | $155K | — | View 990 |
| 2022 | $2.0M | $1.6M | $3.1M | $114K | — | View 990 |
| 2021 | $2.4M | $1.6M | $3.1M | $316K | — | View 990 |
| 2020 | $1.9M | $1.7M | $2.7M | $874K | — | View 990 |
| 2019 | $2.2M | $1.5M | $2.4M | $720K | — | View 990 |
| 2018 | $1.4M | $1.4M | $1.9M | $930K | — | View 990 |
| 2017 | $1.3M | $1.3M | $1.9M | $938K | — | View 990 |
| 2016 | $1.3M | $1.4M | $2.1M | $1.0M | — | View 990 |
| 2015 | $1.1M | $1.3M | $2.2M | $1.0M | — | View 990 |
| 2014 | $1.3M | $1.1M | $2.3M | $1.0M | — | View 990 |
| 2013 | $986K | $883K | $2.2M | $1.1M | — | View 990 |
| 2012 | $929K | $870K | $2.2M | $1.2M | — | View 990 |
| 2011 | $982K | $963K | $2.3M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $1.8M, and assets of $4.4M (revenue +43.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.6M, and assets of $3.1M (revenue -17.2% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.6M, and assets of $3.1M (revenue +28.9% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.7M, and assets of $2.7M (revenue -15.8% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.5M, and assets of $2.4M (revenue +54.3% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.9M (revenue +15.0% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $1.9M (revenue +0.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $2.1M (revenue +13.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.3M, and assets of $2.2M (revenue -13.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $2.3M (revenue +30.6% year-over-year).
- 2013: Revenue of $986K, expenses of $883K, and assets of $2.2M (revenue +6.1% year-over-year).
- 2012: Revenue of $929K, expenses of $870K, and assets of $2.2M (revenue -5.4% year-over-year).
- 2011: Revenue of $982K, expenses of $963K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Quiet Oaks:
Data Sources and Methodology
This transparency report for Quiet Oaks 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.