Oceano Depot Association

Nonprofit profile at a glance

EIN
953665233
IRS 990-EZ coverage
2023–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Oceano, CA, USA
Rating
41
Verdict
MIXED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$42,955
Expenses
$30,447
Assets
$445,711
Liabilities
$433,203

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • LINDA AUSTIN (President)
  • NORM HAMMON (Vice President)

People named in this filing

  • LINDA AUSTIN (President)
  • NORM HAMMON (Vice President)
  • CINDY WINTER (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The oceano depot provides a historical public reference point to the California railroad system. It's focus is through education and interactive railroad models and displays.

What it reported doing in 2024

The oceano depot is a historical site that keeps alive the railroad tradition through education and the open display of the facility

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 10
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 8.5%; rating input score 9
  • Program expense ratio: 12%; rating input score 12

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.1%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 14.64; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.97; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -164.7% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -4.6% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 33rd percentile among comparable filings

Details

  • Where the money goes: 8.5% of revenue deployed · 12% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 9/100.
  • High — Financial Efficiency: Program expense ratio scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.