Western Oklahoma State College Foundation A Corporation
EIN: 237409802 · Altus, OK
| Metric | Value |
|---|---|
| Total Revenue | $740K |
| Total Expenses | $268K |
| Net Assets | $7.1M |
Is Western Oklahoma State College Foundation A Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Oklahoma State College Foundation A Corporation
Western Oklahoma State College Foundation A Corporation (EIN: 237409802) is a nonprofit organization based in Altus, OK. The organization reported total revenue of $740K and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Oklahoma State College Foundation A Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Oklahoma State College Foundation A Corporation is a small nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $445K |
| Total Expenses | $268K |
| Surplus / Deficit | +$177K |
| Total Assets | $7.2M |
| Total Liabilities | $112K |
| Net Assets | $7.1M |
| Operating Margin | 39.7% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 323.0 months |
Financial Health Grade: A
In 2023, Western Oklahoma State College Foundation A Corporation reported a surplus of $177K with revenue exceeding expenses, holds 323.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Western Oklahoma State College Foundation A Corporation's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | +20.5% | +4.2% |
| 2022 | -0.1% | -11.5% | -3.6% |
| 2021 | +34.5% | +14.6% | +6.6% |
| 2020 | -35.0% | -28.5% | +1.9% |
| 2019 | +23.2% | +76.9% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Oklahoma State College Foundation A Corporation 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 Western Oklahoma State College Foundation A Corporation 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 $177K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.6%.
Frequently Asked Questions about Western Oklahoma State College Foundation A Corporation
Is Western Oklahoma State College Foundation A Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Oklahoma State College Foundation A Corporation (EIN: 237409802) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western Oklahoma State College Foundation A Corporation spend its money?
Detailed spending breakdown data is not yet available for Western Oklahoma State College Foundation A Corporation. Check back for updated IRS 990 analysis.
Are donations to Western Oklahoma State College Foundation A Corporation tax-deductible?
Western Oklahoma State College Foundation A Corporation is registered as a tax-exempt nonprofit (EIN: 237409802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western Oklahoma State College Foundation A Corporation located?
Western Oklahoma State College Foundation A Corporation is headquartered in Altus, Oklahoma and files with the IRS under EIN 237409802.
How many years of IRS 990 filings does Western Oklahoma State College Foundation A Corporation have?
Western Oklahoma State College Foundation A Corporation 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 $740K in total revenue.
Filing History
IRS 990 filing history for Western Oklahoma State College Foundation A Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Western Oklahoma State College Foundation A Corporation's revenue has declined by 54.7%, moving from $982K to $445K. Total assets increased by 9.5% over the same period, from $6.6M to $7.2M. Total functional expenses fell by 32.5%, from $398K to $268K. In its most recent filing year (2023), Western Oklahoma State College Foundation A Corporation reported a surplus of $177K, with revenue exceeding expenses. The organization holds $112K in liabilities against $7.2M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $7.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $445K | $268K | $7.2M | $112K | — | View 990 |
| 2022 | $470K | $223K | $6.9M | $123K | — | View 990 |
| 2021 | $470K | $252K | $7.2M | $108K | — | View 990 |
| 2020 | $349K | $220K | $6.7M | $103K | — | View 990 |
| 2019 | $538K | $307K | $6.6M | $92K | — | View 990 |
| 2018 | $436K | $174K | $6.4M | $91K | — | View 990 |
| 2017 | $306K | $202K | $6.2M | $145K | — | View 990 |
| 2016 | $62K | $538K | $6.1M | $70K | — | View 990 |
| 2015 | $1.1M | $476K | $7.1M | $622K | — | View 990 |
| 2014 | $915K | $513K | $7.0M | $747K | — | View 990 |
| 2013 | $643K | $420K | $6.7M | $808K | — | View 990 |
| 2012 | $982K | $398K | $6.6M | $928K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $445K, expenses of $268K, and assets of $7.2M (revenue -5.2% year-over-year).
- 2022: Revenue of $470K, expenses of $223K, and assets of $6.9M (revenue -0.1% year-over-year).
- 2021: Revenue of $470K, expenses of $252K, and assets of $7.2M (revenue +34.5% year-over-year).
- 2020: Revenue of $349K, expenses of $220K, and assets of $6.7M (revenue -35.0% year-over-year).
- 2019: Revenue of $538K, expenses of $307K, and assets of $6.6M (revenue +23.2% year-over-year).
- 2018: Revenue of $436K, expenses of $174K, and assets of $6.4M (revenue +42.6% year-over-year).
- 2017: Revenue of $306K, expenses of $202K, and assets of $6.2M (revenue +391.0% year-over-year).
- 2016: Revenue of $62K, expenses of $538K, and assets of $6.1M (revenue -94.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $476K, and assets of $7.1M (revenue +17.4% year-over-year).
- 2014: Revenue of $915K, expenses of $513K, and assets of $7.0M (revenue +42.3% year-over-year).
- 2013: Revenue of $643K, expenses of $420K, and assets of $6.7M (revenue -34.5% year-over-year).
- 2012: Revenue of $982K, expenses of $398K, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Oklahoma State College Foundation A Corporation:
Data Sources and Methodology
This transparency report for Western Oklahoma State College Foundation A 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.