Red Oak Heritage Foundation
EIN: 421393844 · Red Oak, IA · NTEE: A80Z
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $38K |
| Net Assets | $2.0M |
Is Red Oak Heritage Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Red Oak Heritage Foundation
Red Oak Heritage Foundation (EIN: 421393844) is a nonprofit organization based in Red Oak, IA, classified under NTEE code A80Z. The organization reported total revenue of $187K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Red Oak Heritage Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Red Oak Heritage Foundation is a small nonprofit that has been operating for 31 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $753K |
| Total Expenses | $38K |
| Surplus / Deficit | +$715K |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | 95.0% |
| Months of Reserves | 645.9 months |
Financial Health Grade: A
In 2023, Red Oak Heritage Foundation reported a surplus of $715K with revenue exceeding expenses, holds 645.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Red Oak Heritage Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +227.6% | +221.5% | +54.5% |
| 2022 | +2.8% | -65.0% | +19.7% |
| 2021 | +346.1% | -20.0% | +20.8% |
| 2020 | +3.0% | +114.0% | +0.9% |
| 2019 | +27.5% | +74.6% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Red Oak Heritage Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Red Oak Heritage Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $715K, with revenue exceeding expenses.
Frequently Asked Questions about Red Oak Heritage Foundation
Is Red Oak Heritage Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Red Oak Heritage Foundation (EIN: 421393844) insufficient data. 0 red flags identified, 0 strengths noted.
How does Red Oak Heritage Foundation spend its money?
Detailed spending breakdown data is not yet available for Red Oak Heritage Foundation. Check back for updated IRS 990 analysis.
Are donations to Red Oak Heritage Foundation tax-deductible?
Red Oak Heritage Foundation is registered as a tax-exempt nonprofit (EIN: 421393844). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Red Oak Heritage Foundation located?
Red Oak Heritage Foundation is headquartered in Red Oak, Iowa and files with the IRS under EIN 421393844. It is classified under NTEE code A80Z.
How many years of IRS 990 filings does Red Oak Heritage Foundation have?
Red Oak Heritage Foundation has 12 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 $187K in total revenue.
Filing History
IRS 990 filing history for Red Oak Heritage Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Red Oak Heritage Foundation's revenue has grown by 58%, moving from $476K to $753K. Total assets increased by 120.2% over the same period, from $928K to $2.0M. Total functional expenses rose by 28.8%, from $29K to $38K. In its most recent filing year (2023), Red Oak Heritage Foundation reported a surplus of $715K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $753K | $38K | $2.0M | $0 | — | — |
| 2022 | $230K | $12K | $1.3M | $0 | — | — |
| 2021 | $224K | $34K | $1.1M | $0 | — | View 990 |
| 2020 | $50K | $42K | $914K | $0 | — | — |
| 2019 | $49K | $20K | $906K | $0 | — | View 990 |
| 2018 | $38K | $11K | $877K | $0 | — | View 990 |
| 2017 | $88K | $7K | $850K | $0 | — | View 990 |
| 2016 | $84K | $13K | $769K | $0 | — | View 990 |
| 2014 | $208K | $658K | $489K | $0 | — | View 990 |
| 2013 | $53K | $40K | $1.1M | $0 | — | View 990 |
| 2012 | $70K | $73K | $978K | $0 | — | View 990 |
| 2011 | $476K | $29K | $928K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $753K, expenses of $38K, and assets of $2.0M (revenue +227.6% year-over-year).
- 2022: Revenue of $230K, expenses of $12K, and assets of $1.3M (revenue +2.8% year-over-year).
- 2021: Revenue of $224K, expenses of $34K, and assets of $1.1M (revenue +346.1% year-over-year).
- 2020: Revenue of $50K, expenses of $42K, and assets of $914K (revenue +3.0% year-over-year).
- 2019: Revenue of $49K, expenses of $20K, and assets of $906K (revenue +27.5% year-over-year).
- 2018: Revenue of $38K, expenses of $11K, and assets of $877K (revenue -56.8% year-over-year).
- 2017: Revenue of $88K, expenses of $7K, and assets of $850K (revenue +5.6% year-over-year).
- 2016: Revenue of $84K, expenses of $13K, and assets of $769K (revenue -59.8% year-over-year).
- 2014: Revenue of $208K, expenses of $658K, and assets of $489K (revenue +289.8% year-over-year).
- 2013: Revenue of $53K, expenses of $40K, and assets of $1.1M (revenue -24.0% year-over-year).
- 2012: Revenue of $70K, expenses of $73K, and assets of $978K (revenue -85.3% year-over-year).
- 2011: Revenue of $476K, expenses of $29K, and assets of $928K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Red Oak Heritage Foundation:
Data Sources and Methodology
This transparency report for Red Oak Heritage 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.