Oberlin-decatur Area Economic Develment Corporation is a 501(c)(6) organization based in Oberlin, Kansas, registered in 1992, with $430,828 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$431K
▼ 8.4% vs prior year
Expenses (FY2024)
$392K
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Oberlin-decatur Area Economic Develment Corporation— 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 Oberlin-decatur Area Economic Develment Corporation: 42 mo reserves · +9% margin earns a A 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 Oberlin-decatur Area Economic Develment Corporation— 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 Oberlin-decatur Area Economic Develment Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $263K (FY2015) to $431K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
8.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$79K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $430,828▼8.4% | $392,272▲2.9% | $1,357,587▲2.9% | $1,436,755▲2.4% | 990 |
| 2023 | $470,080▲16.9% | $381,273▲14.0% | $1,319,031▲6.4% | $1,403,587▲5.6% | 990 |
| 2022 | $402,180▼12.7% | $334,590▲20.4% | $1,239,469▲6.0% | $1,328,552▲5.3% | 990 |
| 2021 | $460,864▲92.8% | $277,964▲18.4% | $1,169,778▲21.1% | $1,261,196▲18.4% | 990 |
| 2020 | $239,025▼21.3% | $234,812▼21.3% | $965,846▲0.4% | $1,065,068▼1.0% | 990 |
| 2019 | $303,664▼3.0% | $298,337▲5.9% | $961,970▼4.2% | $1,075,530▼5.7% | 990 |
| 2018 | $313,076▼3.4% | $281,613▲5.6% | $1,004,214▲2.4% | $1,140,164▲1.1% | 990 |
| 2017 | $324,150▲14.9% | $266,789▲11.6% | $980,251▲1.1% | $1,128,145▼0.1% | 990 |
| 2016 | $282,133▲7.2% | $239,142▼1.2% | $969,194▲4.6% | $1,129,365▲2.5% | 990 |
| 2015 | $263,165 | $242,057 | $926,340 | $1,102,033 | 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 Oberlin-decatur Area Economic Develment Corporation (EIN 48-1029238) 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.