Southeast Oklahoma Community Development Corporation

Southeast Oklahoma Community Development Corporation shows consistent revenue growth and no reported officer compensation.

EIN: 202554357 · Hugo, OK · NTEE: L20 · Updated: 2026-03-28

$141KRevenue

$849KAssets

75/100Mission Score (Good)

L20

About Southeast Oklahoma Community Development Corporation

Southeast Oklahoma Community Development Corporation (EIN: 202554357) is a nonprofit organization based in Hugo, OK, classified under NTEE code L20. The organization reported total revenue of $141K and total assets of $849K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeast Oklahoma Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Southeast Oklahoma Community Development Corporation appears to be in a stable financial position, with assets significantly exceeding liabilities in its latest filing ($849,441 assets vs. $715,241 liabilities in 2023). The organization has shown consistent revenue growth, from $75,987 in 2022 to $141,283 in the latest period, indicating increasing support or activity. Expenses have also risen in line with revenue, suggesting expanding operations. The organization's commitment to transparency is bolstered by its consistent filing of IRS Form 990s and the reported 0% officer compensation, which can be a positive indicator for donor confidence. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Southeast Oklahoma Community Development Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Southeast Oklahoma Community Development Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reported 0% officer compensation in both available filings, suggesting a volunteer-led executive structure or that compensation falls below reporting thresholds, which is positive for resource allocation to mission.

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 Southeast Oklahoma Community Development Corporation's IRS 990 filings:

Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.

Strengths

The following positive indicators were identified for Southeast Oklahoma Community Development Corporation:

Consistent revenue growth from $75,987 (2022) to $141,283 (latest).
Positive asset growth from $709,888 (2022) to $849,441 (latest).
No reported officer compensation in available filings.
Consistent IRS 990 filing history demonstrates transparency.

Frequently Asked Questions about Southeast Oklahoma Community Development Corporation

Is Southeast Oklahoma Community Development Corporation a good charity?

Based on the available data, the organization demonstrates financial stability with growing assets and no reported officer compensation. Its consistent filing of 990s indicates transparency. A more detailed breakdown of program spending versus administrative and fundraising costs would provide a clearer picture of efficiency.

How has the organization's financial health changed over time?

The organization has shown positive growth in both revenue (from $75,987 in 2022 to $141,283 latest) and assets (from $709,888 in 2022 to $849,441 latest), indicating improving financial health and capacity.

Filing History

IRS 990 filing history for Southeast Oklahoma Community Development Corporation showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2022–2023), Southeast Oklahoma Community Development Corporation's revenue has grown by 23.7%, moving from $76K to $94K. Total assets increased by 1.6% over the same period, from $710K to $721K. Total functional expenses rose by 45.3%, from $57K to $83K. In its most recent filing year (2023), Southeast Oklahoma Community Development Corporation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $715K in liabilities against $721K in assets (debt-to-asset ratio: 99.2%), resulting in net assets of $6K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$94K	$83K	$721K	$715K	—	—
2022	$76K	$57K	$710K	$714K	—	View 990

Data Sources and Methodology

This transparency report for Southeast Oklahoma Community Development Corporation 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.