Community Resources Oil & Gas Inc is a 501(c)(3) organization based in Oklahoma City, Oklahoma, registered in 2001, with $520,520 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$521K
▼ 40.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$631K
Net assets
$3.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Community Resources Oil & Gas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Community Resources Oil & Gas Inc: 59 mo reserves · -21% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Community Resources Oil & Gas Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Community Resources Oil & Gas Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $400K (FY2018) to $521K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
-21.3%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$0
Net assets
$3.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $520,520▼40.6% | $631,385▼34.5% | $3,116,335▲5.3% | $3,116,335▲5.0% | 990 |
| 2022 | $875,790▼6.6% | $964,167▲14.3% | $2,959,697▲26.2% | $2,967,439▲26.1% | 990 |
| 2021 | $937,296▲199% | $843,860▲227% | $2,345,343▲64.8% | $2,352,400▲65.3% | 990 |
| 2020 | $313,578▼22.2% | $258,437▼23.4% | $1,423,387▼6.3% | $1,423,387▼6.3% | 990 |
| 2019 | $403,145▲0.7% | $337,328▼17.7% | $1,518,396▼28.3% | $1,518,396▼28.3% | 990 |
| 2018 | $400,420 | $410,078 | $2,117,211 | $2,117,723 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Community Resources Oil & Gas Inc (EIN 73-1608889) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.