Richardson Oriental Art Inc

Richardson Oriental Art Inc reports no revenue or assets in its latest filing, indicating minimal or no current financial activity.

EIN: 201691683 · Tulsa, OK · Updated: 2026-03-28

$0Revenue
$0Assets
50/100Mission Score (Fair)
Richardson Oriental Art Inc Financial Summary
MetricValue
Total Expenses$4K
Program Spending100%
Net Assets$6K
Transparency Score50/100

Is Richardson Oriental Art Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Richardson Oriental Art Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Richardson Oriental Art Inc

Richardson Oriental Art Inc (EIN: 201691683) is a nonprofit organization based in Tulsa, OK. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richardson Oriental Art Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

MicroSize Classification
5Years of Filings
MixedRevenue Trajectory

Richardson Oriental Art Inc is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2015-100.0%+110.6%-40.1%
2014+72.4%-51.3%+324.0%
2013+103.5%+65.9%+223.9%
2012-88.5%-92.2%+101.3%

AI Transparency Report

Richardson Oriental Art Inc appears to be a very small organization with minimal financial activity and no reported revenue or assets in its latest filing (2015). Historically, its revenue has fluctuated significantly, from a high of $24,750 in 2011 to $0 in 2015. Expenses have also been low, peaking at $31,508 in 2011 and dropping to $4,198 in 2015. The organization consistently reports $0 in officer compensation across all available filings, which is a positive indicator for donor trust regarding executive pay. However, the lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the absence of executive compensation. The organization's financial health is concerning given its current $0 revenue and $0 assets. While it has historically managed to cover expenses in some years (e.g., 2014 revenue of $10,000 against expenses of $1,993), the overall trend towards zero financial activity suggests it may be dormant or winding down. Without more detailed information on its program activities and how the reported expenses were allocated, a comprehensive assessment of its programmatic impact and spending efficiency is limited. The consistent reporting of $0 liabilities indicates it is not carrying debt. Transparency is moderate. The availability of multiple 990 filings is good, but the lack of revenue and assets in the most recent filing, combined with the absence of detailed expense categories, limits the depth of financial analysis. The consistent reporting of no officer compensation is a strong point for transparency regarding executive pay.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Richardson Oriental Art Inc with a Mission Score of 50 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: 0%
  • programs: 100%
  • fundraising: 0%

According to IRS 990 filings, Richardson Oriental Art Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$4KTotal Expenses
$6KTotal Assets
$6KNet Assets

Executive Compensation Analysis

Richardson Oriental Art Inc consistently reports 0% officer compensation across all five available filings, indicating that no executive salaries were paid, which is excellent for minimizing overhead and maximizing funds for 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.

Red Flags

The following concerns were identified during AI analysis of Richardson Oriental Art Inc's IRS 990 filings:

  • Zero revenue and assets in the latest filing (2015), suggesting potential inactivity or cessation of operations.
  • Significant fluctuation in historical revenue, indicating an unstable funding base.
  • Lack of detailed expense breakdown in the provided data, limiting analysis of spending efficiency.

Strengths

The following positive indicators were identified for Richardson Oriental Art Inc:

  • Consistently reports 0% officer compensation, indicating no executive salaries paid.
  • No reported liabilities across all filings, suggesting financial stability in terms of debt.

Frequently Asked Questions about Richardson Oriental Art Inc

Is Richardson Oriental Art Inc a legitimate charity?

Richardson Oriental Art Inc (EIN: 201691683) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 50/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.

How does Richardson Oriental Art Inc spend its money?

Richardson Oriental Art Inc directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Richardson Oriental Art Inc tax-deductible?

Richardson Oriental Art Inc is registered as a tax-exempt nonprofit (EIN: 201691683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Richardson Oriental Art Inc located?

Richardson Oriental Art Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 201691683.

How many years of IRS 990 filings does Richardson Oriental Art Inc have?

Richardson Oriental Art Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.

Is Richardson Oriental Art Inc currently active?

Based on the latest 2015 filing showing $0 revenue and $0 assets, it appears the organization may be inactive or dormant.

How does Richardson Oriental Art Inc fund its operations?

Historically, it has received varying amounts of revenue (e.g., $24,750 in 2011, $10,000 in 2014). However, in its latest filing (2015), it reported $0 revenue, suggesting no current funding sources.

What are the primary expenses of Richardson Oriental Art Inc?

The provided data only shows total expenses (e.g., $4,198 in 2015, $1,993 in 2014). Without a detailed breakdown from the 990 forms, the specific nature of these expenses cannot be determined.

Filing History

IRS 990 filing history for Richardson Oriental Art Inc showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2015), Richardson Oriental Art Inc's revenue has declined by 100%, moving from $25K to $0. Total assets increased by 1557% over the same period, from $379 to $6K. Total functional expenses fell by 86.7%, from $32K to $4K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $0 $4K $6K $0 View 990
2014 $10K $2K $10K $0 View 990
2013 $6K $4K $2K $0 View 990
2012 $3K $2K $763 $0 View 990
2011 $25K $32K $379 $0 View 990

Year-by-Year Financial Summary

  • 2015: Revenue of $0, expenses of $4K, and assets of $6K (revenue -100.0% year-over-year).
  • 2014: Revenue of $10K, expenses of $2K, and assets of $10K (revenue +72.4% year-over-year).
  • 2013: Revenue of $6K, expenses of $4K, and assets of $2K (revenue +103.5% year-over-year).
  • 2012: Revenue of $3K, expenses of $2K, and assets of $763 (revenue -88.5% year-over-year).
  • 2011: Revenue of $25K, expenses of $32K, and assets of $379.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Richardson Oriental Art Inc:

2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Richardson Oriental Art 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.

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