Is Columbia Opportunities Inc Legit?

Quick charity verification for Columbia Opportunities Inc (EIN: 141627038)

Verdict: Columbia Opportunities Inc appears trustworthy

92/100Mission Score
$0Revenue
$1.1MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

Spending Breakdown

How Columbia Opportunities Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Columbia Opportunities Inc

Is Columbia Opportunities Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Columbia Opportunities Inc (EIN: 141627038) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.

Is Columbia Opportunities Inc a good charity to donate to?

Columbia Opportunities Inc has a Mission Score of 92/100. Revenue: $0. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Columbia Opportunities Inc?

The Employer Identification Number (EIN) for Columbia Opportunities Inc is 141627038. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Columbia Opportunities Inc spend its money?

Columbia Opportunities Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Columbia Opportunities Inc's tax-exempt status?

You can verify Columbia Opportunities Inc's tax-exempt status using EIN 141627038 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Columbia Opportunities Inc. demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. In the latest filing (202310), the organization reported revenues of $2,546,498 against expenses of $2,559,535, indicating a slight operational deficit. However, this is a common pattern for many nonprofits, and their asset base has shown significant growth, nearly doubling from $583,638 in 2021 to $1,096,202 in 2023, suggesting effective asset management or capital accumulation. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. The organization's liabilities have also increased in line with assets, reaching $849,664 in 2023, but their asset-to-liability ratio remains healthy, indicating solvency. The consistent reporting of 0% officer compensation across all available filings is a notable strength in terms of transparency and public trust. While specific program spending ratios are not provided in the raw data, the absence of executive compensation suggests a high proportion of funds are likely directed towards their NTEE code P200 mission (Human Services - Multipurpose and Other).

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages